Tata Chemicals on Monday reported a consolidated net loss of Rs 2,132 crore for the March quarter compared to Rs 156 crore in the year-ago period. The loss is attributable to the shareholders of the company. The company’s revenue from operations in Q4FY26 stood at Rs 3,438 crore, down 2% from Rs 3,509 crore in the corresponding quarter of the previous financial year.

The company reported an exceptional charge of Rs 1,837 crore is provided on account of impairment of goodwill in US & Rs 159 crore of deferred tax assets write off.

Profit after tax before exceptional items and NCI stood at Rs 279 crore compared to a loss of Rs 12 crore for Q4FY25, the company filing to the exchanges said.

The loss widened on a sequential basis too, as the company reported a net loss of Rs 93 crore in Q3FY25. The topline was down 3% on a quarter-on-quarter basis versus Rs 3,550 crore reported in the October-December quarter of FY26.

The company’s board also recommended a dividend of Rs 11 per share for the financial year 2025-26. The dividend, if approved by the members at the upcoming 87th Annual General Meeting (AGM), will be paid within five days of the AGM, the company filing said.

The company’s expenses in the quarter under review stood at Rs 3,660 crore versus Rs 3,644 crore in Q3FY26 and Rs 3,612 crore in Q4FY25. The expenses were made on heads like ‘Cost of materials consumed’, ’employee benefits expense’, finance cost and power and fuel.
The company reported a negative cash flow of Rs 1,459 crore as on March 31, 2026 ended period compared to Rs 568 crore as of March 31, 2025. The CFO was adjusted for depreciation and amortisation expenses, fianance cost and dividend income, among other things.The net profit margin in the reported quarter stood at -61.55% versus -1.94% in Q3FY25 and 1.91% in Q4FY25.

The company’s Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 274 crore as compared to Rs 327 crore in Q4FY25, mainly on account of subdued pricing across all geographies and increase in fixed cost (also due to steep depreciation of Indian Rupee) as compared to Q4FY25.

Net debt (without leases) as on March 31, 2026, stood at Rs 5,961 crore.

Management commentary

R. Mukundan, Managing Director & CEO of Tata Chemicals said the global soda ash market remained oversupplied in Q4FY26, keeping prices under pressure amid geopolitical uncertainties in the Middle East. While standalone performance was supported by higher volumes and cost discipline, consolidated results were hit by weak pricing across regions, particularly in Southeast Asia, along with impairment charges in the US business.

He added that the company continues to focus on long-term growth initiatives, including the acquisition of Novabay Pte. Ltd. to expand its specialty chemicals portfolio and a Rs 100 crore investment to enhance salt capacity at Mithapur. Despite the challenging environment, Tata Chemicals remains focused on protecting margins, conserving cash flows, and maintaining a strong balance sheet to navigate the current cycle and drive sustainable value creation.

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

NEW YORK — Oracle Corporation (NYSE: ORCL) stock draws a resounding “Buy” recommendation from Wall Street in May 2026, with consensus ratings of Moderate Buy to Strong Buy and average 12-month price targets implying 30-50% upside from current levels near $175–$183. Despite volatility from heavy AI infrastructure spending and a year-to-date pullback, the database and cloud giant’s explosive remaining performance obligations (RPO), cloud revenue growth and strategic positioning in artificial intelligence infrastructure position it as a favored long-term holding for many investors.

As of early May 2026, Oracle shares trade around $175–$182 after recovering modestly from earlier 2026 lows. The stock has faced pressure amid broader tech sector rotations and concerns over elevated capital expenditures, yet analysts overwhelmingly see current valuations as attractive given Oracle’s fundamentals and AI tailwinds.

Strong Analyst Consensus

Across 35–55 covering analysts, Oracle earns predominantly Buy or Strong Buy ratings, with very few Holds and minimal Sells. Average 12-month price targets range from $220 to $260, with highs reaching $400 and lows near $155–$160. This suggests substantial potential upside, with some models projecting even higher returns if cloud and AI momentum accelerates.

Firms like Guggenheim, Bank of America and others maintain bullish stances, citing Oracle’s massive RPO backlog — which surged over 300% year-over-year in recent quarters — as evidence of sustained demand for its cloud offerings.

Fiscal 2026 Performance and Earnings Highlights

Oracle has delivered solid results through its fiscal year. In Q3 FY2026 (reported March 2026), the company posted revenue of about $17.19 billion (up ~22% YoY) and beat EPS estimates. Remaining Performance Obligations reached $553 billion, up 325% year-over-year, signaling strong future revenue visibility driven by cloud infrastructure and AI-related deals.

Earlier quarters showed cloud revenue growth exceeding 25–28%, fueled by demand for Oracle Cloud Infrastructure (OCI) used in large-scale AI training and deployment. However, higher capex for data centers has weighed on near-term margins and free cash flow, contributing to stock volatility.

Bull Case: AI and Cloud Leadership

Supporters highlight Oracle’s transformation into a major cloud player. Its focus on high-performance computing for AI, strategic partnerships and ability to win large enterprise contracts differentiate it from competitors. Analysts project continued double-digit revenue growth, with some bull scenarios seeing the stock reaching $300–$344 within 12–18 months if RPO converts efficiently.

Valuation remains reasonable relative to growth prospects, with forward multiples that many view as discounted compared to pure-play cloud peers. Dividend growth and share repurchases add to shareholder returns.

Risks and Bear Concerns

Critics point to execution risks around heavy AI spending, rising debt levels and potential delays in monetizing infrastructure investments. A tougher macroeconomic environment or slower AI adoption could pressure results. Some analysts trimmed targets after recent quarters, citing margin compression.

Short-term volatility remains a factor, with the stock sensitive to quarterly guidance and broader tech sentiment. A deeper market correction could test lower support levels.

Investment Considerations for 2026

For growth-oriented investors, Oracle offers exposure to enterprise software stability plus high-growth cloud and AI opportunities. Long-term holders may benefit from dollar-cost averaging during dips. Those concerned about capex timing might prefer a more cautious allocation or wait for clearer cash flow inflection.

Financial advisors often recommend tech holdings like Oracle as part of diversified portfolios, especially for those seeking AI adjacency without pure-play startup risk. Position sizing should reflect individual risk tolerance given sector volatility.

Broader Market Context

Oracle’s story mirrors other Big Tech names balancing massive AI investments with profitability. Its hybrid cloud-database strengths provide a moat in enterprise markets where data sovereignty and performance matter. As AI infrastructure demand grows, Oracle is well-placed to capture share.

Upcoming earnings, macroeconomic data and AI spending trends will influence sentiment through the rest of 2026. Analysts will closely watch cloud bookings, margin trends and progress on capital efficiency.

Conclusion: Favored as a Buy for Most Investors

The overwhelming Wall Street consensus tilts strongly toward buying Oracle stock in 2026. Structural growth drivers in cloud and AI, combined with a solid backlog and reasonable valuation, outweigh near-term spending concerns for most analysts. While risks around execution and macro conditions exist, current levels appear attractive for those with a medium-to-long-term horizon.

Investors should perform their own research, consider diversification and consult professionals. Oracle is not without volatility, but the balance of evidence supports its role as a core tech holding with meaningful upside potential as AI infrastructure spending translates into sustained revenue and profits.

This article was written by

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in AXS.PR.E over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Presentation

Lauren Bech-Hansen

So hello, everyone. Thank you for joining Organto Foods’ Fiscal 2025 Review and Business Update Webinar. My name is Lauren Bech-Hansen, and I will be monitoring today’s session. We’ll begin with a brief presentation from Steve Bromley, CEO, and Co-Chair of Organto Foods, who will walk through the company’s fiscal 2025 operational highlights, financial results and outlook for 2026. Following the presentation, we’ll move into a live Q&A session.

[Operator Instructions] Before we begin, I’ll note that today’s discussion may include forward-looking information and forward-looking statements within the meaning of applicable Canadian securities law. These statements may relate to Organto’s expectations, plans, objectives, strategies, financial outlook, anticipated growth, operating performance, market opportunities, expansion plans and other future developments.

Forward-looking statements are based on management’s current expectations, assumptions, estimates and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. For a discussion of these risks, assumptions and uncertainties, please refer to Organto’s public disclosure documents, including its MD&A available under the company’s profile on SEDAR.

Today’s discussion may also reference certain non-IFRS financial measures, including EBITDA or adjusted EBITDA. These measures do not have standardized meanings under IFRS and may not be comparable to similar measures used by other companies. Please refer to Organto’s public disclosure documents for additional information, including reconciliations where applicable.

Nothing discussed in today’s session to be considered investment, financial, legal or tax advice. Organto undertakes no obligation to update forward-looking statements, except as required by applicable law. With that, thank you, everyone, for joining us today.

I’m pleased to turn the

If what you want from your index fund is access to the latest hot stocks, you’re in luck. The passive funds holding trillions of dollars of 401(k)s and other investments are rushing to change their rules as the IPOs of SpaceX, OpenAI and Anthropic draw closer.

The latest, on Thursday, was a proposal from S&P to drop the requirement to make a profit and wait a year for initial public offerings to get into the flagship S&P 500.

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Block deal activity gathered pace on Monday, led by heavy institutional flows into Adani Ports and Special Economic Zone (APSEZ), where global funds collectively invested over Rs 7,400 crore. There were smaller block deals in stocks line Tata Motors (TMCV) and Siemens Energy India.

In APSEZ, Capital Group International All Countries Equity Trust acquired 2.46 crore shares worth Rs 4,021 crore at Rs 1,632.45 apiece. It was joined by Capital Income Builder, which bought shares worth Rs 617 crore, and Europacific Growth Fund, which picked up shares valued at Rs 2,848 crore. The seller in all these transactions was Worldwide Emerging Market Holding Limited, indicating a sizeable stake transfer between institutional investors.

In TMCV, BNP Paribas purchase 7.18 lakh shares worth Rs 29 crore at Rs 405.80 each, while Goldman Sachs offloaded an equivalent stake. Similarly, Siemens Energy India witnessed a Rs 29 crore block deal, with BNP Paribas acquiring 89,240 shares at Rs 3,256.80 apiece from Goldman Sachs Bank Europe SE.

Adani Ports shares today ended at Rs 1,742.60, gaining by Rs 85.30 or 5.15%. The stock today hit its 52-week high of Rs 1,748.60 on the NSE. APSEZ shares have gained nearly 40% over the past 12 months.

Shares of Tata Motors today ended at Rs 412.90, gaining by Rs 3 or 0.73% while Siemens Energy India settled at Rs 3,320.70, gaining 41.90 or 1.28%.

Domestic stock markets ended higher on Monday with BJP all set to win states of West Bengal and Assam and wrest back the Union Territory of Puducherry. Sectorally, financials, pharma and metal let the bulls. While the 50-stock Nifty surged 121.75 points or 0.51% to finish at 24,119.30, Sensex gained 0.46% points or 355.90 points to settle at 77,269.40.
Also read: Mauritius-based entity sells Rs 289 crore worth shares in Emcure Pharmaceuticals via block deal; Norges Bank acquirer

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

This article was written by

Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMZN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Markets may face near-term volatility tied to oil prices and geopolitical tensions, but underlying economic strength and the prospect of lower interest rates could fuel a powerful next leg higher, according to a market expert.

Calamos Investments President and CEO John Koudounis joined FOX Business’ Maria Bartiromo on “Mornings with Maria” to discuss market resilience and why he sees further upside despite ongoing uncertainty.

Koudounis pointed to strong corporate earnings and supportive policy dynamics as key drivers behind recent market gains, noting that “the underlying economy is pretty strong” and that “earnings are doing really well.” He added that factors like tax-related cash flow are also helping support consumer activity and sentiment.

That backdrop, he argued, is helping markets look past short-term disruptions tied to rising oil prices and Middle East tensions. While “you’re going to see the market volatile because of the price of oil,” Koudounis said he expects those pressures to ease, with energy markets eventually stabilizing and supporting broader growth.

“When that happens, we’re off to the races again,” he said, adding that “the market really, really wants to run.”

Looking ahead, Koudounis emphasized that monetary policy could play a critical role in accelerating economic momentum. If inflation remains contained, he expects interest rates to move lower, creating a more supportive environment for growth.

FED’S FAVORED INFLATION GAUGE REMAINED ELEVATED IN MARCH

“I think we’re going to have rates being lowered,” Koudounis said. “And I think that’s going to continue one of the biggest explosions in the economy that we’ve seen.”

Despite ongoing uncertainty, including geopolitical risks and the upcoming midterm elections, he maintained a bullish outlook, noting that “we’re in a great position where we can handle this crisis” and that market performance remains “incredible” given current conditions.

FEDERAL RESERVE LEAVES INTEREST RATES UNCHANGED AS POWELL’S CHAIRMANSHIP NEARS END

He added that the broader setup heading into and beyond the midterm elections is likely to remain “very, very positive for the markets.”

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