quarter – LSD News

Retail had a ‘surprisingly robust’ first quarter, but the real test is ahead as tax refunds dry up

LSD News Szerkesztőség — Tue, 02 Jun 2026 10:34:28 +0000

The retail industry emerged from a choppy first quarter relatively unscathed, but higher than usual tax refunds and an uptick in buy now, pay later use likely helped to buoy spending.

As Wall Street looks ahead to the second quarter, the period could offer a clearer view on consumer health and just how much high gas prices and persistent inflation have disrupted the economy and pressured already-strained household budgets.

“Once you got through April and May, you’re really not seeing the impact of tax refunds anymore, and those months were a little bit choppier, so there’s a lot of moving pieces that maybe kept the consumer going for longer than we would have expected,” said Janine Stichter, a retail analyst and managing director at BTIG.

“As you peel back these tax refunds, you might start to see some of the underlying weakness … the consumer has not yet fully fallen apart and that’s why I think people are really looking to Q2 to say, ‘All right, well, what does the health of the consumer actually look like?'”

The period between February and May — which encompasses many retailers’ fiscal first-quarter results — brought a fresh wave of concerns about household spending. President Donald Trump started a new conflict in the Middle East, which led to surging gas prices, plummeting consumer confidence and renewed concerns about the health of the U.S. economy.

But when retailers reported their first-quarter results over the last few weeks, there were few cracks to be found as sales rose, profits grew and outlooks stayed consistent at many of the largest U.S. companies.

“It was a surprisingly robust quarter,” said Neil Saunders, retail analyst and managing director at GlobalData. “Despite the rising gas prices, I think despite the choppiness in consumer sentiment, I think despite the uncertainty over the economy and everything else that’s going on in the world, consumers still showed up and they opened their wallets and they spent.”

However, right around the same time the conflict in the Middle East began, tax refunds started trickling in. The number of people who received them, and the amounts they got, were higher than last year, which gave cash-strapped consumers some extra pocket money to go shopping.

“That was a very helpful offset in terms of spending. I think without them there would have still been growth, but they really did provide the icing on the cake,” said Saunders.

Take Target, which said same-store sales jumped 5.6% during its fiscal first quarter, its first positive same-store sales number in five quarters with strength across all six of its core merchandising categories. But the strength wasn’t just because of Target’s turnaround efforts, as finance chief James Lee acknowledged higher tax refunds helped to fuel spending.

“That benefit will be fading over the rest of the year,” Lee said last week. “While consumers have proven to be resilient so far, sentiment has been declining recently and we’re keeping a close eye on their spending behavior.”

Similar trends were spotted at Best Buy, Burlington Stores, Ross and Wayfair. At Best Buy, comparable sales rose 2%, and executives acknowledged part of that growth came from higher tax refunds. Considering the overall electronics market grew by about 3.6% during the first quarter, Best Buy still underperformed and lost market share, even with extra stimulus in the economy, Saunders said in an emailed note last week.

The impact was particularly acute in the off-price sector. Burlington estimated higher tax refunds were worth between 1.5 to 2 percentage points of its comparable sales growth, which was 6% during the quarter. Competitor Ross saw comparable sales jump a staggering 17%, beating expectations of 9%, and also attributed some of its outsize growth to extra stimulus.

During a call with analysts in mid-May, Wayfair finance chief Kate Gulliver said tax refunds had helped “buttress” the impact of higher gas prices.

“The consumer’s been able to hang in there a little bit because of stimulus sort of helping,” she said.

Meanwhile, there was also an uptick in buy now, pay later use during the quarter, which could’ve helped fuel spending as well, said Stichter. During the first quarter, buy now, pay later adoption hit new highs across income cohorts, with an estimated 15% to 17% of those making up to $150,000 using the services, Stichter said in a May research note, citing transaction data from Consumer Edge. Among shoppers making over $150,000, adoption rose to just under 13%.

“There probably is some level of either actual stress or kind of emotional pullback across all income cohorts on some level, we’re just not really seeing it in the earnings results yet,” she said. “Maybe it’s that they’re pulling back in other areas, maybe that they’re finding other ways to make payments.”

That could start to change in the current quarter, as a range of retailers gave conservative guidance that suggested consumers may not be able to weather high gas prices as well as they did earlier in the year.

“Ross had a ridiculously good quarter, I mean, almost unprecedented in terms of the level of growth,” said Saunders. “Even with that in the bank for the first quarter, their view going into the second quarter and the rest of the year is that things will still be good for them, but they will normalize.”

Walmart is another example. The mega retailer saw sales rise 7% during its fiscal first quarter, but only reaffirmed its full-year outlook, and issued weaker guidance for the second quarter than Wall Street expected.

Walmart finance chief John David Rainey told CNBC the company’s outlook was strong given everything happening in the economy, but said consumers may feel more strain as the effect of tax refunds fades in the second quarter.

“I think higher tax returns muted some of the pressure related to higher fuel prices,” said Rainey. “As we’re in a period of time right now where those tax refunds are largely not coming in, I think consumers are going to feel more of that pressure from higher fuel prices.”

TJX Companies also had a strong quarter – posting its biggest earnings per share beat since August 2021 as same-store sales jumped 6%, almost 2 percentage points above Wall Street expectations. Still, its second-quarter guidance for earnings per share and same-store sales came in short of estimates.

Meanwhile, E.l.f. Beauty delivered sizable beats on the top and bottom lines but still issued a weaker-than-expected outlook. CEO Tarang Amin told CNBC the “consumer is suffering” and said the company plans to roll back some tariff-fueled price increases as a result.

While retailers can at times be “more cautious in their guidance than the reality might suggest,” executives and analysts generally agree they could see a more strained consumer in the current quarter and the rest of the year, said Saunders.

“[That] tells you that retailers are kind of seeing the signs that some of this trough around the growth rate won’t persist across the balance of this year,” said Saunders. “Not that it will be terrible, but just the heat will come out of some of that momentum, and I think that is related to the fading impact of tax [refunds] and the picture of inflation that will probably pick up across the balance of this year.”

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Snowflake CEO says monster quarter shows why software firms need new pricing models to thrive in AI age | Fortune

LSD News Szerkesztőség — Sat, 30 May 2026 19:21:58 +0000

Sridhar Ramaswamy sees the major software players beginning to sort the AI winners from the losers. As of now, Snowflake, the cloud storage company where Ramaswamy is chief executive, is on the upside.

Ramaswamy just delivered a blowout first quarter for Snowflake, which this week reported a beat across the board. The results helped vault its shares up 36% and extended five-day gains past 50%. Shares also surged after the 14-year-old company said it would pay Amazon $6 billion during the next five years for the tech giant’s popular Graviton chips, reflecting strong demand Snowflake is seeing for its services.

The positive results were much needed for Snowflake following a stock slump that has decimated many software-as-a-service businesses due to investor fears about AI replacing traditional software vendors. Snowflake is among a pack of companies anchoring themselves after launching major AI initiatives that incorporate agentic technology with the data the company handles. The strong Q1 results (revenue grew 33% year-over-year, the fastest pace in two years) validated the consumption-based pricing model the company has long had, Ramaswamy said, and showed that traditional software can transition to AI compute.

“It’s important to understand that all software companies are not the same,” Ramaswamy told Fortune on Friday, days before Snowflake is set to host its tech summit in San Francisco.

The difference for Snowflake, Ramaswamy said, is that it has priced its products by consumption from the getgo. “We recognize revenue only when a customer actually uses Snowflake’s capabilities,” he said. “We have to show value to make money.”

Software pricing is among the top issues vendors like Snowflake have had to figure out since the advent of agentic AI, which has put pressure on the the industry’s traditional enterprise seat-based pricing model. Ramaswamy predicted that companies reliant on seat-based income will scramble to justify their premiums as employees use AI to accomplish an immense amount of work.

Ramaswamy became Snowflake’s chief executive in 2024, as the AI boom was taking off. Snowflake’s bet has been that the foundational “infrastructure layer” that supports and runs its user-facing products, along with its consumption model, places the company well for the long run.

About two-and-a-half years ago, Snowflake began a broad effort to put AI into its platform. It eventually developed Cortex Code, its coding agent, and Snowflake Intelligence, an agentic application. It said in its most recent earnings that Cortex Code is in use across more than 7,100 accounts, and that accounts using Snowflake Intelligence more than doubled quarter-over-quarter.

Now, the next step is what Ramaswamy calls the control plane, which he describes as a “cockpit of work” where users, instead of only querying data, are orchestrating tasks across different applications.

“I liken it to the new browser,” Ramaswamy said of the control plane.

Snowflake relies heavily on Amazon and is doubling down on the cloud provider because of the quality of its chip performance, Ramaswamy said. Amazon is Snowflake’s largest partner, accounting for over 70% of how it operates its business.

Snowflake and other large software vendors have been making major pushes to prove their long-term sustainability in the age of AI. Salesforce Chief Executive Marc Benioff said Wednesday that the company has “returned record levels to our investors,” referencing its largest-ever accelerated share repurchase of $25 billion in one quarter, which happened as the company has shown some positive results for its AI product Agentforce but is still looking for more growth to rally investors.

While Salesforce and others struggle to dispel fears from the so-called SaaSpocalypse, the sentiment has become more positive over time for the most entrenched players.

Like Benioff, Ramaswamy remains optimistic, even as major labs like Anthropic test highly autonomous systems such as the startup’s much-hyped Mythos model. Ramaswamy declined to say if Snowflake had early access to Mythos, but he argued that responsible companies should be able to leverage such powerful technologies to create and run automated security scans on the software they ship.

“You have to figure out how to harness the awesome power of these coding agents and put them to work in a responsible way,” he said. “I’m also very paranoid about making sure that I actually know what it’s doing and give permissions to it.”

Ramaswamy also said that he sees a shift away from the hundreds of different “off-the-shelf” SaaS applications toward a future that may involve far fewer major applications and more bespoke, small-scale applications.

“There’ll be major applications that folks will continue to buy, but there’ll definitely be a consolidation,” he said.

Jim Cramer says Dell’s blowout quarter sets up a crucial week for AI stocks

LSD News Szerkesztőség — Sat, 30 May 2026 02:54:10 +0000

CNBC’s Jim Cramer said next week could bring key answers for technology stocks after a blockbuster quarter from Dell Technologies added to the enthusiasm around the data center trade.

“When we look back, I wonder if we’ll say this was that moment when Dell simply took over the computer space” the “Mad Money” host said Friday, calling the company’s latest earnings one of the biggest “blowouts” he can recall.

Tech has dominated the market this year, particularly companies tied to artificial intelligence infrastructure. But he said that one notable laggard has emerged: Nvidia.

That could begin to change next week when CEO Jensen Huang delivers a keynote at Computex in Taiwan. Cramer said the event has historically been a “stake in the ground moment” for Nvidia and could include new announcements, particularly about PCs. Executives from other key tech players such as Arm Holdings, Marvell Technology, Intel and Qualcomm will also be at Computex.

Cramer then turned to the week ahead.

Monday

Other than Huang’s presentation, Merck is set to host a meeting reviewing its cancer portfolio following the annual ASCO conference, offering investors a closer look at the drugmaker’s pipeline.

Tuesday

Dollar General reports after rival Dollar Tree posted stronger-than-expected results on Thursday. Cramer expects Dollar General shares could rebound.

After the bell, Palo Alto Networks, which is a holding in Cramer’s Charitable Trust, the portfolio run by the CNBC Investing Club, reports. While the stock often rallies into earnings before profit-taking sets in, Cramer said rising AI-driven cyber threats could support results.

Ulta also reports after a difficult year, with shares down sharply since its last earnings report in March. Deutsche Bank slashed its price target Friday ahead the results. “It was jarring,” Cramer warned.

Wednesday

Medical device maker Medtronic reports after a rough stretch for the broader medtech group. Cramer said he is not yet ready to get aggressive on the stock until he sees the quarter.

After the close, two stocks in the Charitable Trust — Broadcom and CrowdStrike — report. Broadcom “could deliver a good” quarter Cramer said, though shares have lagged some AI chip peers this year. CrowdStrike, meanwhile, has gone “parabolic” and may face profit-taking even on strong results, according to Cramer.

Discount retailer Five Below also reports. After pulling back sharply from its highs, Cramer said he likes the stock “very much here.”

Thursday

Networking company Ciena reports after an enormous run this year, though Cramer said the company’s proprietary technology leaves room for further growth.

Meanwhile, Lululemon faces what Cramer described as a potential “reset quarter” amid ongoing turmoil, cautioning investors against buying the stock ahead of earnings.

Friday

The Labor Department’s monthly jobs report closes out the week and could shape expectations for interest-rate cuts.

“It’s a very important number,” Cramer said, because it “needs to be weak enough to justify a rate cut” from the Federal Reserve under new Chair Kevin Warsh.

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LIC emerges as highest profit-making financial company in Jan-Mar quarter

LSD News Szerkesztőség — Sun, 24 May 2026 17:16:58 +0000

State-owned Life Insurance Corporation of India (LIC) has emerged as the highest profit-making firm in the Indian financial sector in the March quarter, netting a little over Rs 23,400 crore.

Even among Central Public Sector Enterprises, the Corporation maintained the number one position for fourth-quarter profit for FY26.

Last week, LIC reported a 23 per cent jump in net profit to record Rs 23,420 crore in the just concluded March quarter as compared to Rs 19,013 crore in the corresponding period of the previous year..

The insurance behemoth was followed by the country’s biggest lender State Bank of India (SBI), and the second-biggest lender HDFC Bank with profit of Rs 19,684 crore and Rs Rs 19,221 crore, respectively, during the fourth quarter, according to the financial numbers posted on exchanges.

However, SBI significantly outpaced LIC in annual profit, earning Rs 80,032 crore in FY26 compared to LIC’s Rs 57,419 crore.

Similarly, HDFC Bank’s profit stood at Rs 74,670 crore while ICICI Bank posted a profit of Rs 50,147 crore.

Among other PSUs, Indian Oil Corporation (IOC) closed the fourth quarter with a net profit of Rs 11,378 crore followed by Coal India at Rs 10,839 crore, Power Finance Corporation (PFC) earned Rs 8,598 crore and NTPC Rs 8,747 crore as profit, as per the data available on stock exchanges.Other Central Public Sector Enterprises (CPSEs) like Power Grid Corporation of India posted a profit of Rs 4,546 crore, REC Ltd net profit at Rs 3,375 crore, and Steel Authority of India Ltd at Rs 1,680 crore.

A day after the stellar performance of LIC, its shares jumped 5 per cent in opening trade at Rs 839 apiece on the BSE on May 23.

LIC’s Assets Under Management (AUM) increased to Rs 57,29,396 crore as of March 31, 2026, from Rs 54,52,297 crore on March 31, 2025, registering an increase of 5 per cent year-on-year.

During the year, LIC’s total premium income rose by 10 per cent to Rs 54,52,297 crore compared to Rs 54,52,297 crore a year ago. At the same time, adjusted net worth improved to Rs 1,69,605 crore from Rs 1,20,258 crore in FY25.

Among the entire corporate sector. Vodafone Idea became the highest quarterly profit earner in the January-March quarter with a record bottomline of Rs 51,970 crore, its first ever in about six years mainly due to relief in statutory liabilities.

It was followed by Reliance Industries with a net profit of Rs 16,971 crore, down from Rs 19,407 crore in the same January-March period in the preceding year.

JSW Steel posts 13-fold rise in profit for March quarter; to double capacity in 6 years

LSD News Szerkesztőség — Fri, 15 May 2026 16:35:49 +0000

JSW Steel has posted a near 13-fold rise in its consolidated net profit for the March quarter aided by a one-time gain from the slump sale of BPSL Steel. The country’s largest steel-maker has also guided for reaching a production capacity of 78 million tonne by fiscal 32, up from around 36.4 million tonne currently.

The over two-fold rise in capacity will include capacity from joint ventures – POSCO and JFE Steel.

The flagship company of the JSW Group had a bottomline of Rs 19,243 crore as against Rs 1,510 crore last year. Apart from the exceptional gain, it also had a one-time charge related to the labour codes.

Adjusted for exceptional items, net profit stood at Rs 3,475 crore, more than double from the previous year.

The jump in profit was underpinned by the highest ever sales volume of Rs 7.97 million tonne during the March quarter, and the highest ever revenue from operations of Rs 51,180 crore. Reported earnings before interest, tax, depreciation and amortization for the quarter rose to Rs 8,634 crore from Rs 6,378 crore a year ago, while EBITDA margins stood at 19%.

JSW Steel reported its earnings after market hours on Thursday, and its shares closed at Rs 1,297.05 rupees on the BSE, up nearly 2% from the previous close.

GROWTH STRATEGY
JSW Steel currently has a steel production capacity of around 31.9 million tonne at a standalone level, which is slated to rise to 48.8 million tonne by fiscal 2030, and then 62 million tonne by fiscal 2032.

Including 4.5 million tonne of capacity from its joint venture with JFE Steel, the company currently has a capacity of 36.4 million tonne, which will grow to 53.3 million tonne by fiscal 2030. Including its capacity from the joint venture with South Korean steel major POSCO, the company will have a capacity of 78 million tonne by fiscal 2032.

“JSW Steel’s growth continues to be firmly India-centric, reflecting our long-term conviction in India’s growth trajectory,” the company said in a statement. “A strong domestic steel ecosystem directly contributes to self-reliance, while also creating an opportunity to build further resilience as a country, especially in increasing our energy security in an increasingly uncertain global environment,” it said.

JSW Steel has guided for spending Rs 22,000-24,000 crore on capital expenditure in the current fiscal, up from Rs 15,595 crore it spent in fiscal 2026.

The company has also announced expanding capacity at its Vijayanagar plant by another 5 million tonne by fiscal 2030 for a capital expenditure of Rs 26,000 crore. This will make it the world’s largest plant in a single location with a capacity of 25 million tonne.

Bill Ackman says he built Microsoft position in first quarter

LSD News Szerkesztőség — Fri, 15 May 2026 11:24:52 +0000

Bill Ackman, founder and CEO of Pershing Square Inc., attends his company’s IPO at the New York Stock Exchange (NYSE), in New York City, U.S., April 29, 2026.

Brendan McDermid | Reuters

Bill Ackman’s Pershing Square has built a position in Microsoft, as the hedge fund manager said the software giant’s recent pullback created a rare opportunity to buy one of the world’s dominant technology franchises at a compelling valuation.

Ackman disclosed the investment in a lengthy post Friday ahead of his firm’s quarterly 13F filing, saying Pershing Square began accumulating shares in February after Microsoft’s stock declined following its fiscal second-quarter earnings report.

“We were able to establish our position at a valuation of 21 times forward earnings, broadly in line with the market multiple and well below Microsoft’s trading average over the last few years,” Ackman wrote. While Ackman didn’t note the size of his stake in the tech giant, he called it a “core holding.”

Microsoft shares have fallen more than 26% from its record high reached in July 2025. The selloff was driven largely by fears that AI will eat software and specifically that Microsoft’s hefty AI investments won’t produce the desired results.

Microsoft one year

The hedge fund manager said investors have become overly concerned about Microsoft’s competitive positioning in AI and the durability of growth at its Azure cloud business. He argued the company’s Office productivity suite, known as M365, remains deeply embedded across enterprises and difficult to replicate because of Microsoft’s security, compliance and identity infrastructure.

“We are encouraged to see Microsoft prioritizing its R&D efforts and investment in Copilot, its own AI agent embedded across M365, with direct involvement from CEO Satya Nadella. We believe these efforts will translate into improved product velocity and greater customer adoption over time,” Ackman said.

Ackman compared the investment to previous Pershing Square purchases of Alphabet, Amazon and Meta, which he said were acquired during periods of market skepticism around artificial intelligence competition and spending.

The move followed Ackman’s IPOs of closed-end fund Pershing Square USA Ltd., which began trading under the ticker PSUS, and asset manager Pershing Square Inc., listed as PS, last month. The dual structure allows investors to gain exposure either to the underlying portfolio or to the management business itself. PSUS last traded at $41.68, below its IPO price of $50.

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Peloton stock rises as higher subscription prices help company drive a profitable quarter

LSD News Szerkesztőség — Thu, 07 May 2026 20:25:45 +0000

Peloton posted fiscal third-quarter results Thursday that beat Wall Street expectations on revenue and revealed a narrow profit for the first three months of the year.

The company touted better-than-expected equipment sales and subscription revenue as helping to drive its sales and profitability, with free cash flow up nearly 60%.

Shares of Peloton closed the day roughly 8% higher after being as high as 13% following the report.

“The first order of business in earnings is reporting how you did financially, and we feel like that was a pretty good quarter in terms of where we are strategically,” CEO Peter Stern told CNBC.

Here’s how the company performed in its quarter ended March 31, compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

Earnings per share: 6 cents vs. 7 cents expected
Revenue: $630.9 million vs. $617.6 million expected

The company’s net income for the quarter was $26.4 million, or 6 cents per share, up from a loss of $47.7 million, or 12 cents per share, in the year-ago period. Sales came in at $630.9 million, up roughly 1% from $624 million a year earlier.

For the full fiscal year, Peloton said it projects total revenue of between $2.42 billion and $2.44 billion, lifting the lower end of the guidance range it provided last quarter.

The company saw revenue for its connected fitness subscriptions come in at $202.9 million, down from $205.5 million a year prior, but beating estimates of $196 million, according to StreetAccount. Subscription revenue also topped estimates and grew 2% year over year, reaching $428 million.

Paid connected fitness subscriber count, however, fell year over year to 2.66 million.

“Some of the vectors that are at play this quarter, and will be in the future, are selling additional equipment to our existing members,” Stern said on a call with analysts. “That doesn’t generate more subscriptions, but it does generate revenue.”

The connected fitness company has been struggling with weak performance and sluggish sales, previously projecting that performance to extend into this quarter. It’s tried to revamp its product assortment and recently raised prices on both its equipment and subscription plans.

Stern said Peloton feels its pricing changes were appropriate.

“We’re really sensitive to the fact that people feel stress in this economic environment, and it’s impacting different people in really different ways,” Stern told CNBC. “That being said, we feel like the price changes that we made in Q2 – it was time. We had added a tremendous amount of value over the succeeding three or four years since we previously made any change in our subscription prices.”

Peloton has also been inking new partnerships and trying new strategies to win back customers. Last month, Peloton announced a deal with Spotify, making more than 1,400 Peloton classes available to Spotify Premium subscribers. It also launched its first Bike and Tread products for high-traffic gym floors in March.

Stern added that the company had already factored the Spotify deal into its revenue guidance because it had been in the works for “a long time.” Peloton also does not count Spotify users toward its subscribers.

“We’re really excited about our deal with Spotify, that allows us to reach Peloton members in a lot more countries and is also a high-margin revenue [stream] for us,” Stern said.

On a call with analysts on Thursday, Stern said Peloton now expects tariffs to represent roughly $30 million of free cash flow exposure for the full year, down from a previous expectation of $45 million.

“I was very pleased that we were able to deliver a Q3 with positive revenue growth, and while we won’t see that likely sustain in Q4 based on our implied guidance for the quarter, I think we’re now in a stage where hopefully we’ll see some steps forward and some steps back as we right the ship,” Stern said.

Arm’s quarter shows how it’s carving a lucrative path in the crowded CPU resurgence

LSD News Szerkesztőség — Wed, 06 May 2026 23:28:44 +0000

Watch Out: Promoters cut stakes in 13 midcap stocks in March 2026 quarter – Promoter Exit Signals

LSD News Szerkesztőség — Thu, 30 Apr 2026 12:58:43 +0000

A decline in promoter shareholding can have multiple interpretations. While it may reflect fundraising for expansion or other strategic purposes, it can also raise concerns among investors about alignment between promoters and minority shareholders. In the NSE midcap universe, we highlight 13 stocks where promoter holdings declined in the March 2026 quarter compared to the December 2025 quarter, based on StockEdge shareholding data.

Promoters Buying: 9 Nifty 500 stocks that saw stake hikes in March quarter

LSD News Szerkesztőség — Fri, 24 Apr 2026 18:33:37 +0000

An increase in promoter shareholding usually reflects heightened confidence among a company’s promoters or major shareholders regarding the firm’s future prospects. In the Nifty 500 index, we have highlighted the top nine stocks where promoters increased their holdings in the March ’26 quarter, compared to the December ’25 quarter, according to the StockEdge shareholding scan.

This trend may indicate their optimism about the company’s performance, prompting them to invest more of their own capital. A rise in promoter stake often suggests a positive outlook for the company’s future and can be a bullish sign for investors.

Godrej Properties
Promoter stake rose to 51.66% in the March ’26 quarter from 47.17% in the December ’25 quarter.

Adani Energy Solutions
Promoter stake rose to 72.73% in the March ’26 quarter from 71.19% in the December ’25 quarter.

JB Chemicals & Pharmaceuticals
Promoter stake rose to 48.8% in the March ’26 quarter from 47.55% in the December ’25 quarter.

Jindal Stainless
Promoter stake rose to 62.05% in the March ’26 quarter from 61.23% in the December ’25 quarter.

eClerx Services
Promoter stake rose to 54.52% in the March ’26 quarter from 53.81% in the December ’25 quarter.Adani Enterprises
Promoter stake rose to 74.67% in the March ’26 quarter from 73.97% in the December ’25 quarter.

Vardhman Textiles
Promoter stake rose to 65.09% in the March ’26 quarter from 64.44% in the December ’25 quarter.

NCC
Promoter stake rose to 22.81% in the March ’26 quarter from 22.25% in the December ’25 quarter.

Onesource Specialty Pharma
Promoter stake rose to 30.48% in the March ’26 quarter from 29.93% in the December ’25 quarter.

Grasim Industries
Promoter stake rose to 43.74% in the March ’26 quarter from 43.22% in the December ’25 quarter.

Saregama India
Promoter stake rose to 60.84% in the March ’26 quarter from 60.39% in the December ’25 quarter.

Lodha Developers
Promoter stake rose to 72.27% in the March ’26 quarter from 71.85% in the December ’25 quarter.

quarter – LSD News

Retail had a ‘surprisingly robust’ first quarter, but the real test is ahead as tax refunds dry up

Snowflake CEO says monster quarter shows why software firms need new pricing models to thrive in AI age | Fortune

Jim Cramer says Dell’s blowout quarter sets up a crucial week for AI stocks

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LIC emerges as highest profit-making financial company in Jan-Mar quarter

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JSW Steel posts 13-fold rise in profit for March quarter; to double capacity in 6 years

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Bill Ackman says he built Microsoft position in first quarter

Peloton stock rises as higher subscription prices help company drive a profitable quarter

Arm’s quarter shows how it’s carving a lucrative path in the crowded CPU resurgence

Watch Out: Promoters cut stakes in 13 midcap stocks in March 2026 quarter – Promoter Exit Signals

Promoters Buying: 9 Nifty 500 stocks that saw stake hikes in March quarter

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