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Emami: The company has announced strategic acquisition of 60% stake in IncNut Digital Pvt. Ltd. (IncNut) for Rs. 321 crore, with plans to increase its holding over the next 4.5 years, based on a performance-linked valuation. IncNut is the parent company of personalized skincare brand Vedix and dermatology-based brand SkinKraft. Vedix integrates time-tested Ayurvedic principles with modern data analytics to offer formulations tailored to individual prakriti and lifestyle parameters. SkinKraft adopts a dermatology-led approach, leveraging clinically validated ingredients to address specific skin and hair concerns. This move expands Emami’s digital-first footprint in the high-growth beauty and personal care (BPC) market. The transaction is expected to be completed within 30 days of announcement. Positive.
Emami (₹ 450.65 -0.83% )
7 May 2026, 1:34PM
Mahindra Lifespace Developers Ltd. has launched Mahindra BeaconHill, an ultra-premium residential development in Mahalaxmi, South Mumbai, with a projected gross development value (GDV) of ₹1,650 crore. The 58-storey tower will offer 198 residences, marking the company's strategic return to the prime South Mumbai market. This launch follows robust FY26 sales growth and a cash-surplus balance sheet for the company. The stock saw a modest gain on the announcement.
Mahindra Lifespace (₹ 339.4 -1.64% )
7 May 2026, 1:22PM
Home First Finance Company (HFFC) reported strong Q4FY26 results with a consolidated net profit of ₹149.4 crore, marking a 42.8% YoY increase from ₹104.6 crore in Q4FY25. Key highlights included a 24.9% YoY growth in Assets Under Management (AUM) to ₹15,878 crore and a record quarterly disbursement of ₹1,572 crore, with a recommended dividend of ₹5.20 per share.
Home First Finance (₹ 1207.2 -0.85% )
7 May 2026, 1:20PM
Avalon Tech: Revenues came in at Rs 480 crore up 40% yoy. PAT grew by 69.5% to Reach Rs 41 crore. Avalon’s order book reached a substantial Rs 2,196 crore marking a 25% year-on-year increase. Positive
Avalon Technologies (₹ 1378 9.76% )
7 May 2026, 11:39AM
Birlasoft (-ve): Revenue remained flat sequentially (2.4% y-o-y) to $1,349 million. In CC terms, revenue declined 3.7% q-o-q (down 5.1% y-o-y). During Q4FY26, the Energy & Utilities vertical (up 1.8% QoQ in dollar terms) delivered a sequential growth while the other verticals registered a decline. The company is prioritizing revenue quality by pruning non profitable scale accounts and exiting engagements that lack meaningful long term growth or scalability potential. EBIT grew 2.3% q-o-q (up 51.3% y-o-y) to Rs 230 crore, resulting in EBIT margin expansion by 37bps q-o-q (up 551bps y-o-y) to 17.0% (Est 13.3%) on the back of better operating efficiencies and exchange rate tailwinds. On margins, Q4 benefited from one off tailwinds totalling ~340 bps, comprising ~170 bps from favourable forex movements and ~170 bps from operational items, including reversal of performance based compensation provisions, lower leave and cash provisions, and reduced employee equity compensation expense following senior exits. Management clarified that these one offs are not baked into steady state margin expectations and are not expected to recur. Adj. PAT came in at Rs 175.9 crore, up 9.6% q-o-q (up 44.1% y-o-y).
Birlasoft (₹ 363.45 0.35% )
7 May 2026, 10:18AMTWEETS BY @Sharekhan
