While the bulk of foreign selling is likely over after the outflows over the recent months, Goldman Sachs does not see foreign investors returning to Indian shores in a hurry, even if oil prices dip.
Stocks to Watch today, May 8, 2026: Britannia Industries, Hyundai Motor India, Bharat Forge, Hexaware Tech, and Titan Company are among the top stocks to watch today
Tyre maker MRF Ltd on Thursday reported a 38 per cent rise in consolidated net profit at Rs 702.25 crore in the fourth quarter ended March 31, 2026, on the back of strong sales growth. The company had posted a consolidated net profit of Rs 510.5 crore in the corresponding period of the previous fiscal, MRF Ltd said in a regulatory filing. Consolidated revenue from operations in the fourth quarter stood at Rs 8,044.22 crore, as against Rs 7,074.82 crore in the year-ago period. Total expenses in the quarter under review increased to Rs 7,267.51 crore, compared to Rs 6,531.04 crore in the same period a year ago, the company said. MRF said its board has recommended a final dividend of Rs 229 per share of Rs 10 each, subject to approval of shareholders at the ensuing annual general meeting. For the entire FY26, consolidated net profit increased to Rs 2,426.1 crore from Rs 1,873.29 crore in FY25. Consolidated revenue from operations in FY26 stood at Rs 31,149.01 crore as against Rs 28
In Q4FY26, Ceat delivered high growth in all segments including international business, despite geopolitical tensions.
Brent crude rose as much as 28.9 per cent to $119.5. West Texas Intermediate, the light, sweet crude oil produced in the US, was trading at $113.4 a barrel, up 24.7 per cent from Friday's close
MRF has signed a non-binding MoU with the Tamil Nadu government to set up a greenfield tyre manufacturing unit in Sivaganga with an investment of Rs 5,300 crore over 12 years
A total of 333 stocks from the Nifty 500 index were seen trading below their respective 200-day moving averages in Monday's trade amid the US-Israel-Iran war triggered market fall.
At 10:51 AM; the BSE Auto index was the top gainer among sectoral indices, up 2 per cent, as compared to 0.07 per cent rise in the BSE Sensex.
Volume growth of tyre companies remained healthy, supported by robust momentum in both the OEM and replacement segments, along with continued premiumisation, said Ceat management.
MRF's Q3 revenue from operations increased 15 per cent Y-o-Y to ₹8,050.43 crore from ₹7,000.82 crore in Q3FY25. Sequentially, revenue was up 9.1 per cent from ₹7,378.72 crore in Q2FY26
Stocks to Watch today, February 6, 2026: PhysicsWallah, Mazagon Dock, JK Paper, Sai Life, SKF India, UltraTech Cement, and Federal Bank are among the top stocks to remain in focus today
But global uncertainties triggered by US tariffs and geopolitical tensions may put the brakes on, say brokerages
MRF vice-chairman Arun Mammen on GST-led demand revival, natural rubber challenges, EV-driven tyre innovation and how currency swings are reshaping the tyre industry
Since December 11, the stock price of JK Tyre has appreciated by 10 per cent after the HDFC Mutual Fund acquired 257,305 equity shares or 0.09 per cent stake in the company via open market purchase.