Tesla's Q2 results are expected to be driven by AI updates, Robotaxi progress and margins, with investors ...More

Tesla's Q2 results are expected to be driven by AI updates, Robotaxi progress and margins, with investors also tracking earnings, free cash flow and management's outlook for the second half. ...Less

Nokia reported stronger second-quarter earnings, surpassing analyst expectations significantly. Robust de ...More

Nokia reported stronger second-quarter earnings, surpassing analyst expectations significantly. Robust demand from artificial intelligence and cloud customers fueled this positive financial performance. The company's sales to AI and cloud clients doubled, securing substantial new orders. Despite rising chip costs, Nokia raised its 2026 profit guidance. This outlook reflects sustained momentum from infrastructure investments. ...Less

AT&T shares climbed after reporting robust second-quarter earnings and adding customers. The company anno ...More

AT&T shares climbed after reporting robust second-quarter earnings and adding customers. The company announced plans to accelerate its share buyback program this year. Revenue and income from continuing operations saw year-on-year increases. AT&T added over one million advanced connectivity customers during the quarter. The telecom giant reiterated its financial guidance through 2028. ...Less

European banks are set to report another quarter of resilient earnings, supported by steady loan growth, ...More

European banks are set to report another quarter of resilient earnings, supported by steady loan growth, higher interest rates, strong trading activity and disciplined cost management. While profitability remains robust, investors will closely track credit quality, economic risks and management outlooks as the sector enters a new phase of earnings recovery. ...Less

Tesla beat revenue estimates in the second quarter but missed earnings expectations as margins weakened a ...More

Tesla beat revenue estimates in the second quarter but missed earnings expectations as margins weakened and free cash flow turned negative. Investors remain focused on its aggressive AI and autonomous technology investments. ...Less

A packed earnings day awaits Dalal Street, with Eternal, Nestlé India, IndusInd Bank and over 250 compani ...More

A packed earnings day awaits Dalal Street, with Eternal, Nestlé India, IndusInd Bank and over 250 companies set to report June quarter results. Investors will also track BPCL, HPCL and Adani Group firms, while markets continue to react sharply to recent earnings from Bandhan Bank, TVS Motor and Bajaj Auto. ...Less

Tesla Inc.reported negative free cash flow of $1.1 billion in Q2 as heavy spending on AI, robotaxis and m ...More

Tesla Inc.reported negative free cash flow of $1.1 billion in Q2 as heavy spending on AI, robotaxis and manufacturing weighed. Deliveries beat expectations, while energy storage surged. Investors remain focused on autonomy and robotics growth as core auto demand faces rising competition and pricing pressure. ...Less

BHEL shares recently hit a 52-week high, but brokerages see more upside after the Maharatna PSU posted it ...More

BHEL shares recently hit a 52-week high, but brokerages see more upside after the Maharatna PSU posted its first June-quarter profit in eight years. Strong execution, a robust Rs 2.6 lakh crore order book and improving margins have prompted ICICI Securities and JM Financial to reiterate their bullish outlook on the stock. ...Less

Eternal Q1 Results: Food delivery giant Eternal reported a 268% year-on-year jump in consolidated net pro ...More

Eternal Q1 Results: Food delivery giant Eternal reported a 268% year-on-year jump in consolidated net profit to Rs 92 crore for Q1 FY27, while revenue from operations surged 182% to Rs 20,211 crore, driven by strong business growth. On a sequential basis, however, net profit fell 47% from the previous quarter, even as revenue rose 17%, reflecting mixed quarterly performance. ...Less

Bandhan Bank shares fell sharply on Wednesday after the lender cut its RoA guidance, overshadowing a 35% ...More

Bandhan Bank shares fell sharply on Wednesday after the lender cut its RoA guidance, overshadowing a 35% year-on-year rise in Q1FY27 net profit. Motilal Oswal downgraded the stock to 'Neutral', citing pressure on margins and earnings. The brokerage also lowered its FY27 and FY28 earnings estimates despite lower provisioning supporting quarterly profit. ...Less

Bandhan Bank shares hit the 15% lower circuit despite a 35% jump in Q1 profit, as investors focused on th ...More

Bandhan Bank shares hit the 15% lower circuit despite a 35% jump in Q1 profit, as investors focused on the lender's sharp cut to its FY27 RoA guidance. Brokerages remained divided, with concerns over margin pressure and funding costs overshadowing stronger earnings and improved asset quality. ...Less

IDBI Bank reported a 5% YoY rise in Q1 FY27 standalone net profit to Rs 2,115 crore, while net interest i ...More

IDBI Bank reported a 5% YoY rise in Q1 FY27 standalone net profit to Rs 2,115 crore, while net interest income grew over 10%. Deposits and advances posted healthy growth, asset quality improved year-on-year despite a marginal sequential uptick in NPAs, and capital adequacy remained robust. ...Less

Reliance Industries will announce its June quarter results today, with investors watching share price mov ...More

Reliance Industries will announce its June quarter results today, with investors watching share price movements. Analysts anticipate steady performance driven by oil-to-chemicals and digital services growth. Previous earnings reports show mixed reactions, with some post-earnings gains and declines. ...Less

Punjab National Bank shares have surged in the last two sessions after the PSU lender reported a 214% yea ...More

Punjab National Bank shares have surged in the last two sessions after the PSU lender reported a 214% year-on-year jump in Q1 FY27 net profit to Rs 5,253 crore, prompting bullish brokerage calls. Net interest income rose 2% to Rs 10,798 crore. ...Less

Axis Bank shares fell despite reporting a 22.5% year-on-year rise in Q1FY27 standalone net profit to Rs 7 ...More

Axis Bank shares fell despite reporting a 22.5% year-on-year rise in Q1FY27 standalone net profit to Rs 7,114 crore. Net interest income (NII) grew over 8% YoY to Rs 14,646 crore, beating some brokerage estimates, but mixed analyst views and concerns over margins weighed on investor sentiment. ...Less

HDFC Bank share Price: HDFC Bank shares fell after the lender reported a 5% year-on-year rise in Q1FY27 s ...More

HDFC Bank share Price: HDFC Bank shares fell after the lender reported a 5% year-on-year rise in Q1FY27 standalone net profit to Rs 19,060 crore. Net interest income (NII) increased 7% YoY to Rs 33,534 crore, but the earnings failed to impress investors, triggering a sharp decline in the stock. ...Less

ICICI Lombard shares tumbled 15% after the insurer reported a 46% YoY decline in Q1 FY27 net profit to Rs ...More

ICICI Lombard shares tumbled 15% after the insurer reported a 46% YoY decline in Q1 FY27 net profit to Rs 403 crore, hit by large fire claims and the Supreme Court's Motor TP verdict. While gross premium income rose 7.5% to Rs 8,318 crore, the combined ratio worsened to 107.2% from 102.9% a year ago. ...Less

ABB India shares rose sharply on Thursday after global parent ABB reported strong second-quarter results ...More

ABB India shares rose sharply on Thursday after global parent ABB reported strong second-quarter results and a sharp rise in India order growth. The robust order momentum has raised expectations of healthy quarterly numbers from the listed company, with investors tracking whether domestic demand and execution continue to drive growth. ...Less

Punjab National Bank shares rose sharply on Monday after the PSU lender reported a 214% YoY jump in Q1FY2 ...More

Punjab National Bank shares rose sharply on Monday after the PSU lender reported a 214% YoY jump in Q1FY27 net profit, beating Street estimates. Strong asset quality, lower provisions and improving margins prompted JM Financial to upgrade the stock and Motilal Oswal to reiterate its Buy rating with a higher target. ...Less

India's office market recorded its strongest-ever quarter in Q2 2026, with gross leasing reaching a recor ...More

India's office market recorded its strongest-ever quarter in Q2 2026, with gross leasing reaching a record 24.6 million sq ft, according to CBRE. Volvo Group signed one of the quarter's largest deals, leasing 600,000 sq ft in Bengaluru, as GCCs, flexible workspaces and technology firms continued to drive demand despite geopolitical uncertainty. ...Less

Tanla Platforms shares surged nearly 14% after Q1 FY27 revenue rose 17.8% year-on-year to Rs 1,226 crore. ...More

Tanla Platforms shares surged nearly 14% after Q1 FY27 revenue rose 17.8% year-on-year to Rs 1,226 crore. Strong gross profit, EBITDA and EPS growth reflected improving profitability, while higher spending by existing enterprise customers supported revenue momentum. ...Less

Yes Bank Q1 Results: Yes Bank reported a 34% YoY rise in Q1 FY27 standalone net profit to Rs 1,071 crore, ...More

Yes Bank Q1 Results: Yes Bank reported a 34% YoY rise in Q1 FY27 standalone net profit to Rs 1,071 crore, while net interest income grew 17.5%. Asset quality improved year-on-year but saw a sequential uptick in NPAs. The bank said stronger core earnings and steady margins reflect improving business fundamentals. ...Less

IndusInd Bank reported a 72% year-on-year jump in consolidated Q1 net profit to Rs 1,037 crore, aided by ...More

IndusInd Bank reported a 72% year-on-year jump in consolidated Q1 net profit to Rs 1,037 crore, aided by lower provisions despite flat net interest income and weaker fee income. Asset quality improved, deposits grew, and capital adequacy strengthened, while advances declined as the lender prioritised portfolio quality and disciplined growth. ...Less

Bajaj Auto shares rose 2.5% after the company reported a 46% year-on-year jump in Q1FY27 net profit to Rs ...More

Bajaj Auto shares rose 2.5% after the company reported a 46% year-on-year jump in Q1FY27 net profit to Rs 3,226 crore, while revenue surged 65% to Rs 21,689 crore. Following the strong performance, Motilal Oswal upgraded the stock to 'Buy' from 'Neutral', raising its target price to Rs 12,096, implying a potential 16% upside. ...Less

UltraTech Cement shares rose after the company posted a 17% year-on-year rise in Q1 FY27 consolidated net ...More

UltraTech Cement shares rose after the company posted a 17% year-on-year rise in Q1 FY27 consolidated net profit to Rs 2,599 crore and a 16% increase in revenue to Rs 24,648 crore. The stock also gained after multiple brokerages raised their target prices, encouraged by strong earnings and management guidance ...Less

Wipro declared an interim dividend of ₹2 per share, with July 27 fixed as the record date. The IT major r ...More

Wipro declared an interim dividend of ₹2 per share, with July 27 fixed as the record date. The IT major reported modest Q1 FY27 profit and revenue growth, issued cautious quarterly guidance and reiterated its focus on AI-led business transformation. ...Less

Property sellers may need to re-compute advance tax after the Cost Inflation Index release. This delay im ...More

Property sellers may need to re-compute advance tax after the Cost Inflation Index release. This delay impacts individuals selling property acquired before July 23, 2024. Advance tax payments for the first quarter were due before the index was notified. Underestimating tax liability could lead to interest charges for deferred payments. Taxpayers can adjust subsequent installments or claim refunds if overpaid. ...Less

Reliance Industries and 32 other firms will announce quarterly earnings on Friday. Several major banks ar ...More

Reliance Industries and 32 other firms will announce quarterly earnings on Friday. Several major banks are scheduled to release their April-June quarter results on Saturday. The market is reacting to Thursday's earnings announcements from IT majors and other companies. Analysts expect Reliance Industries to report steady performance driven by its oil-to-chemicals business. Goldman Sachs forecasts the Nifty 50 index to rebound to 26,500 by June 2027. ...Less

Shares of Eternal climbed 3% after its Q1FY27 earnings, with brokerages reaffirming bullish views on the ...More

Shares of Eternal climbed 3% after its Q1FY27 earnings, with brokerages reaffirming bullish views on the stock. JPMorgan, CLSA, Jefferies, Nomura, Motilal Oswal and Emkay retained positive ratings, citing accelerating growth in food delivery and Blinkit, improving quick commerce profitability, stronger margin guidance and management's confidence that competitive intensity has become more predictable. ...Less

Brokerages remained divided on Wipro after its Q1FY27 results, with Nomura and Nuvama retaining Buy ratin ...More

Brokerages remained divided on Wipro after its Q1FY27 results, with Nomura and Nuvama retaining Buy ratings but lowering target prices due to weak growth and cautious guidance. Motilal Oswal maintained a Neutral rating, citing another challenging year ahead. While analysts flagged macro uncertainty and sluggish deal ramp-ups, they believe AI-led demand and attractive valuations could support the stock over the long term. ...Less

Indian IT stocks saw gains on Friday, led by Tech Mahindra's better-than-expected first quarter results. ...More

Indian IT stocks saw gains on Friday, led by Tech Mahindra's better-than-expected first quarter results. Infosys and HCL Tech also advanced, with HCL Tech securing a significant seven-year deal. Wipro shares declined more than three percent after reporting weak first-quarter performance. Brokerages offered positive outlooks for Tech Mahindra, increasing target prices for the stock. The Nifty IT index registered a notable increase, reflecting the broad-based gains. ...Less

Indian stock markets tumbled on Monday as rising oil prices and escalating tensions between Iran and the ...More

Indian stock markets tumbled on Monday as rising oil prices and escalating tensions between Iran and the US rattled investors. Heavyweight bank stocks took a hit due to unremarkable quarterly results. Despite this, broader market indices managed to maintain relatively better performance than the benchmarks. Market players now look forward to the US Federal Reserve's decision on interest rates. ...Less

Tech Mahindra shares surged after the IT major reported better-than-expected Q1 FY27 results, with net pr ...More

Tech Mahindra shares surged after the IT major reported better-than-expected Q1 FY27 results, with net profit rising 28% YoY to Rs 1,465 crore and revenue climbing 18% to Rs 15,712 crore, supported by broad-based growth, strong deal wins, and margin expansion. ...Less

BlueStone Jewellery shares have surged 36% in three trading sessions after the company's strong Q1 result ...More

BlueStone Jewellery shares have surged 36% in three trading sessions after the company's strong Q1 results, which marked a return to profitability and robust revenue growth. Brokerages remain optimistic on the stock, citing aggressive store expansion, improving operating leverage and healthy long-term demand supported by the organised jewellery retail market. ...Less

RBL Bank reported a 27% YoY rise in Q1 FY27 standalone net profit to Rs 254 crore, while net interest inc ...More

RBL Bank reported a 27% YoY rise in Q1 FY27 standalone net profit to Rs 254 crore, while net interest income increased 12%. The lender said Emirates NBD’s majority ownership has expanded its growth opportunities, with management expecting stronger momentum in corporate banking, trade finance and cross-border business. ...Less

Banking stocks rallied on Friday, lifting the Nifty Bank index over 500 points ahead of Q1FY27 earnings f ...More

Banking stocks rallied on Friday, lifting the Nifty Bank index over 500 points ahead of Q1FY27 earnings from HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank. Brokerages expect steady loan growth and stable asset quality, though margin pressure may weigh on earnings during the quarter. ...Less

Paytm shares rose 2.7% after the fintech firm reported a 79% year-on-year jump in Q1 consolidated net pro ...More

Paytm shares rose 2.7% after the fintech firm reported a 79% year-on-year jump in Q1 consolidated net profit to Rs 220 crore. Revenue from operations increased 28% to Rs 2,448 crore, while total income rose 22% to Rs 2,630 crore. Profit before tax climbed to Rs 247 crore, reflecting stronger operating performance both year-on-year and quarter-on-quarter. ...Less

Reliance Retail Q1 Results: Reliance Retail reported a 7.4% YoY rise in Q1 FY27 revenue to Rs 90,408 cror ...More

Reliance Retail Q1 Results: Reliance Retail reported a 7.4% YoY rise in Q1 FY27 revenue to Rs 90,408 crore, while profit fell 14.2% as quick commerce investments weighed on earnings. The company outlined a three-year plan to double operating EBITDA by expanding JioMart, scaling digital commerce, improving unit economics and boosting customer engagement. ...Less

MedPlus Health Services shares tumbled after the company reported a weaker-than-expected Q1FY27. Despite ...More

MedPlus Health Services shares tumbled after the company reported a weaker-than-expected Q1FY27. Despite healthy 21.9% revenue growth to ₹1,880 crore, investors were disappointed by the profitability miss. Brokerage Nomura maintained its 'Buy' rating, highlighting MedPlus' long-term growth potential driven by its store expansion strategy. ...Less

L&T Technology Services reported a nearly 13% year-on-year net profit increase for Q1 FY26. Revenue from ...More

L&T Technology Services reported a nearly 13% year-on-year net profit increase for Q1 FY26. Revenue from operations also saw an 11.5% rise during the same period. The company's shares rallied 6% following the announcement of these positive financial results. Nomura and Nuvama provided analyst views on the company's performance and outlook. L&T Technology Services shares have experienced mixed returns over different timeframes. ...Less

Reliance Industries investors have lost significant wealth this year. The company's stock has faced press ...More

Reliance Industries investors have lost significant wealth this year. The company's stock has faced pressure due to various business segment concerns. Upcoming first-quarter earnings results are crucial for investor sentiment. Analysts expect steady performance driven by oil-to-chemicals and digital services. Positive results could lead to a stock price rally and improved valuation. ...Less

Tips Music shares jumped up to 11% after the company announced that its board will consider a proposal to ...More

Tips Music shares jumped up to 11% after the company announced that its board will consider a proposal to buy back equity shares alongside approving its June quarter results on July 22. The announcement comes after the music label delivered strong FY26 earnings growth and continued to expand its music catalogue and digital audience. ...Less

HDFC Bank shares have fallen nearly 10% in four sessions since its Q1 FY27 results despite reporting stea ...More

HDFC Bank shares have fallen nearly 10% in four sessions since its Q1 FY27 results despite reporting steady earnings growth. Brokerages remain bullish, citing improving margins, healthy loan growth, lower credit costs and attractive valuations, with target prices implying upside potential of up to 40% from current levels. ...Less

CME Group shares surged after reporting strong second-quarter earnings which exceeded analyst estimates. ...More

CME Group shares surged after reporting strong second-quarter earnings which exceeded analyst estimates. Resilient hedging demand and increased equity index trading volumes fueled this positive financial performance. Despite softer trading in some areas, the company's data services business also showed significant revenue growth. Investor concerns about perpetual futures persist, though some analysts see long-term insignificance. The company is also preparing for a leadership transition with a new CEO appointed. ...Less

ICICI Bank shares rose 3% after the lender reported strong Q1FY27 results, with net profit growing 15.9% ...More

ICICI Bank shares rose 3% after the lender reported strong Q1FY27 results, with net profit growing 15.9% and net interest income rising 12.7%, driven by healthy loan growth and improving asset quality. Following the earnings, Bernstein upgraded the stock to 'Outperform' with a target price of Rs 1,800, citing superior growth, resilient margins and strong profitability prospects. ...Less

BlueStone Jewellery shares have surged nearly 29% in two sessions after the company swung to profit in Q1 ...More

BlueStone Jewellery shares have surged nearly 29% in two sessions after the company swung to profit in Q1 FY27 and delivered strong revenue and EBITDA growth. While Systematix reiterated its Buy rating with a target price of Rs 832, investors are assessing whether the rally has more room to run. ...Less

Bank of America reported a boost in its second-quarter net income, largely driven by a significant uptick ...More

Bank of America reported a boost in its second-quarter net income, largely driven by a significant uptick in its trading activities. This surge in trading revenue helped offset other areas, leading to a stronger overall financial performance for the banking giant during the period. ...Less

HDFC Bank shares fell sharply on Monday after its Q1FY27 earnings failed to impress investors, wiping out ...More

HDFC Bank shares fell sharply on Monday after its Q1FY27 earnings failed to impress investors, wiping out nearly Rs 70,000 crore in market value. Despite margin pressure and a muted market reaction, brokerages including Jefferies, Nomura, Motilal Oswal and Anand Rathi retained bullish ratings, seeing up to 28% upside in the stock. ...Less

Adani Green Q1 Results: Adani Green reported a 19% year-on-year profit increase in the first quarter. Rev ...More

Adani Green Q1 Results: Adani Green reported a 19% year-on-year profit increase in the first quarter. Revenue from operations grew sixteen percent, driven by capacity expansion and strong performance. The company's operational capacity rose twenty-seven percent to over twenty gigawatts. Energy sales increased thirty percent, aided by fresh greenfield capacity additions. Adani Green is progressing on its thirty gigawatt renewable energy plant at Khavda. ...Less

Eternal's Q1 shareholder letter highlights Blinkit's rapid expansion, improving profitability and rising ...More

Eternal's Q1 shareholder letter highlights Blinkit's rapid expansion, improving profitability and rising capital investments, while food delivery remains the group's profit engine. Management also addressed mounting quick commerce competition, outlined Blinkit's return framework and detailed continued investments in AI, Bistro and other emerging businesses despite widening losses in newer ventures. ...Less

JSW Infrastructure anticipates handling 127 million tonnes of cargo this fiscal year. Operations at its F ...More

JSW Infrastructure anticipates handling 127 million tonnes of cargo this fiscal year. Operations at its Fujairah liquid terminal are gradually returning to normal. Eight storage tanks will be operational by late July or early August. The company is also proceeding with significant domestic expansion plans. Profit for the June quarter saw a slight decrease compared to last year. ...Less

Reliance Industries increased crude oil sourcing from Russia and Latin America. This strategic move reduc ...More

Reliance Industries increased crude oil sourcing from Russia and Latin America. This strategic move reduced dependence on Arabian Gulf crudes during volatile markets. The company also completed planned turnarounds of key refining units. Global crude markets faced disruptions and supply chain issues. Brent crude prices averaged over one hundred dollars a barrel. ...Less

Reliance Jio Q1 Results: Jio Platforms reported a 9% YoY rise in Q1 FY27 net profit to Rs 7,764 crore, su ...More

Reliance Jio Q1 Results: Jio Platforms reported a 9% YoY rise in Q1 FY27 net profit to Rs 7,764 crore, supported by higher ARPU, subscriber additions and digital services growth. The IPO-bound telecom major also highlighted its expanding broadband business and deep-tech focus as it prepares for a landmark public listing in India. ...Less

Nestle India shares reached a record high after a strong June quarter performance. Revenue growth acceler ...More

Nestle India shares reached a record high after a strong June quarter performance. Revenue growth accelerated significantly year-on-year, reaching 25.2 percent. However, operating margins moderated sequentially due to increased advertising investments. Exports also showed steady growth, driven by market penetration and product additions. The company anticipates continued healthy demand supported by premiumization and innovation. ...Less

HDFC Bank shares extended losses for a second straight session after its Q1 FY27 earnings, but brokerages ...More

HDFC Bank shares extended losses for a second straight session after its Q1 FY27 earnings, but brokerages remain optimistic on the stock. Jefferies, Motilal Oswal, Nomura and JM Financial have retained their bullish ratings, with target prices implying upside of up to 35% from current levels. ...Less

ASML raised its 2026 revenue guidance to €43-45 billion, up from €36-40 billion, after beating Q2 estimat ...More

ASML raised its 2026 revenue guidance to €43-45 billion, up from €36-40 billion, after beating Q2 estimates on surging AI chipmaking demand, sending shares up 5.7% as the company plans a 30% capacity boost for its EUV systems over the next two years. ...Less

PNB Q1 Results: Sequentially, however, net profit rose marginally by a little over 0.5% QoQ from Rs 5,225 ...More

PNB Q1 Results: Sequentially, however, net profit rose marginally by a little over 0.5% QoQ from Rs 5,225 crore reported in the preceding three months. ...Less

Indian stock markets saw gains on Friday, with Sensex and Nifty trading higher. IT stocks led the gains, ...More

Indian stock markets saw gains on Friday, with Sensex and Nifty trading higher. IT stocks led the gains, while broader markets experienced marginal losses. Escalating Iran-US conflict and rising oil prices added to investor caution. Foreign investors remained net sellers of Indian equities on Thursday. Analysts advise caution due to market range-bound construction and rupee weakness. ...Less

According to the preliminary results, the company expects revenue ⁠of $17.2 billion during the quarter, c ...More

According to the preliminary results, the company expects revenue ⁠of $17.2 billion during the quarter, compared with analysts' estimate of $17.86 billion, according to data compiled by LSEG. ...Less

Paytm's parent company will announce its first bonus share issue today. This announcement coincides with ...More

Paytm's parent company will announce its first bonus share issue today. This announcement coincides with the release of its Q1 FY27 earnings report. Domestic investors have increased their stake in the fintech platform significantly. The company reported its first full-year profit in FY26. Global brokerages maintain a positive outlook on Paytm's stock performance. ...Less

HDFC Asset Management Company reported a 12% rise in Q1 FY27 net profit to ₹837 crore, supported by highe ...More

HDFC Asset Management Company reported a 12% rise in Q1 FY27 net profit to ₹837 crore, supported by higher revenue and asset growth. Quarterly average AUM climbed 13% year-on-year, while shares gained over 2% after the earnings announcement. ...Less

UltraTech Cement Q1 Results: UltraTech reported a 17% YoY rise in Q1FY27 consolidated net profit to Rs 2, ...More

UltraTech Cement Q1 Results: UltraTech reported a 17% YoY rise in Q1FY27 consolidated net profit to Rs 2,599 crore, while revenue increased 16% to Rs 24,648 crore. EBITDA grew 12% to Rs 5,146 crore, driven by higher cement volumes, improved realisations and strong growth in ready-mix concrete and construction chemicals. Consolidated grey cement volumes rose 12% to 41.31 million tonnes. ...Less

The June quarter earnings season gathers pace on July 16, with 41 companies, including Jio Financial Serv ...More

The June quarter earnings season gathers pace on July 16, with 41 companies, including Jio Financial Services, Wipro, Tech Mahindra, BHEL, Polycab India and 360 One, set to announce results. Corporate earnings are expected to grow around 10%, marking the strongest expansion in four quarters after TCS kicked off the reporting season on July 9. ...Less

Rising fuel and freight costs are impacting cement producers' profitability. Demand saw a seven to eight ...More

Rising fuel and freight costs are impacting cement producers' profitability. Demand saw a seven to eight percent increase due to dry monsoon conditions. Analysts expect earnings before interest, tax, depreciation, and amortisation to decrease. Companies are shifting focus to cost mitigation and price hikes. Sustainability of these price increases remains a key factor to monitor. ...Less

Paytm parent One 97 Communications has shelved its proposed first-ever bonus share issue for now, opting ...More

Paytm parent One 97 Communications has shelved its proposed first-ever bonus share issue for now, opting to focus on business growth and improving profitability to create long-term shareholder value. The decision was taken by the board at its July 20 meeting. ...Less

Bharti Airtel’s Africa business reported a 27% year-on-year increase in Q1FY27 net profit to $198 million ...More

Bharti Airtel’s Africa business reported a 27% year-on-year increase in Q1FY27 net profit to $198 million, supported by higher operating profit, despite foreign exchange losses and an exceptional finance cost of $37 million. ...Less

Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year n ...More

Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year net income increase. Revenue from operations also saw a substantial 69% jump. New agreements with major global financial institutions were highlighted. Management attributed success to AI-first strategy and product modernization. ...Less

On the impact of the competition from Toing and Ownly, Deepinder Goyal said, “The impact has been limited ...More

On the impact of the competition from Toing and Ownly, Deepinder Goyal said, “The impact has been limited. These platforms are offering the same restaurants, similar or longer delivery times, and lower prices funded by lower commissions and delivery fees, making the revenue gap even more unsustainable… The customer traction is purely price-driven.” ...Less

RIL Q1 Results: Reliance Industries (RIL) Q1 results beat Street expectations as revenue surged 25% YoY t ...More

RIL Q1 Results: Reliance Industries (RIL) Q1 results beat Street expectations as revenue surged 25% YoY to Rs 3.11 lakh crore, while EBITDA rose 10% to Rs 54,067 crore. Profit fell 22% to Rs 20,946 crore due to a high base from the Asian Paints stake sale. RIL Chairman and MD Mukesh Ambani said the conglomerate has made a steady start to FY27, with all businesses delivering strong operating performance. ...Less

Reliance Industries highlighted strong consumer business momentum in Q1 FY27, with Jio Platforms advancin ...More

Reliance Industries highlighted strong consumer business momentum in Q1 FY27, with Jio Platforms advancing towards its IPO and Reliance Consumer more than doubling revenue. Campa and Independence drove growth, while Jio posted higher ARPU, subscriber additions and earnings, supporting long-term value creation. ...Less

CMPDI shares jumped nearly 7% after the Coal India subsidiary reported strong Q1FY27 results, with revenu ...More

CMPDI shares jumped nearly 7% after the Coal India subsidiary reported strong Q1FY27 results, with revenue rising 18% and net profit surging 54% year-on-year. Robust operational growth and the announcement of a Rs 1.05-per-share interim dividend further lifted investor sentiment. ...Less

Brokerages adjusted stock ratings following recent quarterly earnings reports. JM Financial upgraded Grow ...More

Brokerages adjusted stock ratings following recent quarterly earnings reports. JM Financial upgraded Groww to Buy after strong Q1FY27 performance and cost control. Motilal Oswal maintained a Buy rating on HDFC Life Insurance due to steady growth prospects. However, ICICI Lombard was downgraded to Neutral amid weaker profitability and a higher claims ratio. These adjustments reflect company-specific growth and profitability trends observed in the past. ...Less

Eternal is expected to deliver a steady June-quarter, led by strong Blinkit growth through store expansio ...More

Eternal is expected to deliver a steady June-quarter, led by strong Blinkit growth through store expansion and higher order values. Investors will monitor quick commerce profitability, food delivery margins, competitive intensity and management commentary on sustaining growth amid aggressive market expansion. ...Less

Banking stocks rallied up to 2% on Wednesday, lifting the Nifty Bank index as investors positioned themse ...More

Banking stocks rallied up to 2% on Wednesday, lifting the Nifty Bank index as investors positioned themselves ahead of a crucial round of Q1 earnings from major private lenders this weekend. Brokerages remain constructive on the sector, citing improving fundamentals, resilient loan growth and stable asset quality, while cautioning that pressure on net interest margins could weigh on near-term profitability. ...Less

HDB Financial Services reported a strong June quarter with profit rising 38%. Net interest income increas ...More

HDB Financial Services reported a strong June quarter with profit rising 38%. Net interest income increased 20%, and asset quality showed improvement. Assets under management grew 11%, reflecting steady lending business expansion. Experts maintained neutral ratings, citing steady earnings and margin expansion. The company's stock saw a notable jump following the positive financial results. ...Less

Indian stock markets extended losses for a fourth session on Thursday. Sensex and Nifty closed lower as o ...More

Indian stock markets extended losses for a fourth session on Thursday. Sensex and Nifty closed lower as oil prices soared significantly. Broader markets also saw declines, with midcap and smallcap indices falling. Mahindra & Mahindra and Tata Consultancy Services shares led gains on Sensex. Adani Ports, Bajaj Finance, and IndiGo shares led the downtrend. ...Less

Happy Friday! The government is leaning on policy stability, not just subsidies, to drive ISM 2.0. This a ...More

Happy Friday! The government is leaning on policy stability, not just subsidies, to drive ISM 2.0. This and more in today’s ETtech Morning Dispatch. ...Less

Kotak Mahindra Bank shares fell after reporting a strong profit increase for the first quarter. Net profi ...More

Kotak Mahindra Bank shares fell after reporting a strong profit increase for the first quarter. Net profit rose 26% year-on-year, and net interest income also saw growth. Asset quality improved from the previous year, though key ratios weakened sequentially. Brokerages provided varied ratings, with some reiterating buy recommendations and others maintaining add ratings. Analysts cited controlled slippages and credit costs as positive factors supporting the bank's performance. ...Less

Angel One shares rose 2% on Thursday after the fintech and broking firm reported strong Q1FY27 earnings. ...More

Angel One shares rose 2% on Thursday after the fintech and broking firm reported strong Q1FY27 earnings. Consolidated net profit more than doubled year-on-year to Rs 231 crore, while revenue increased 25.3% to Rs 1,430 crore. EBITDA surged 76.5% to Rs 485 crore, with the EBITDA margin expanding to 34% from 24%, driven by robust operating leverage and healthy business grow ...Less

UltraTech Cement reported its strongest first quarter volume and profit ever. Near-term performance faces ...More

UltraTech Cement reported its strongest first quarter volume and profit ever. Near-term performance faces monsoon seasonality and higher input costs. The company anticipates double-digit volume growth in the next fiscal year. Its new cables and wires business will launch in the third quarter. Lower stock valuation offers a cushion against potential downside risks. ...Less

Wipro Q1 Results: Wipro reported a modest 1% year-on-year rise in June-quarter net profit to Rs 3,352 cro ...More

Wipro Q1 Results: Wipro reported a modest 1% year-on-year rise in June-quarter net profit to Rs 3,352 crore, while revenue grew 11%. The IT major declared an interim dividend of Rs 2 per share, but maintained a cautious outlook for the September quarter, guiding for flat to slightly negative sequential IT services revenue growth. ...Less

Indian equities ended lower as escalating Iran-US tensions and surging crude prices dampened investor sen ...More

Indian equities ended lower as escalating Iran-US tensions and surging crude prices dampened investor sentiment despite easing volatility. Banking stocks dragged benchmarks, while analysts expect geopolitical risks, inflation concerns and Q1 earnings momentum to shape market direction, with Nifty support at 24,100 and resistance near 24,400. ...Less

Dixon Technologies shares may see a rally after recent declines from their peak. Government approval for ...More

Dixon Technologies shares may see a rally after recent declines from their peak. Government approval for the Vivo joint venture is a significant development for smartphone manufacturing. New policy support for electronics manufacturing aims to boost domestic production and global competitiveness. Expanded customs duty exemptions are expected to lower input costs for the company. These combined factors strengthen Dixon's growth outlook and shareholder value. ...Less

Sensex gained a mere 1 point to end at around 77,187, and Nifty 50 dropped around 6 points to close at ne ...More

Sensex gained a mere 1 point to end at around 77,187, and Nifty 50 dropped around 6 points to close at nearly 24,073 on Thursday. Broader markets slipped into the red, with Nifty Midcap 100 and Nifty Smallcap 100 indices closing up to 0.4% lower. ...Less

Indian equities ended subdued as geopolitical tensions capped gains despite optimism around Q1 earnings. ...More

Indian equities ended subdued as geopolitical tensions capped gains despite optimism around Q1 earnings. Analysts expect stock-specific action, with financials, autos and digital firms in focus, while Nifty remains range-bound between key support and resistance amid cautious investor sentiment. ...Less

LTM reported a 17% year-on-year net profit increase for the April-June quarter. Revenue from operations a ...More

LTM reported a 17% year-on-year net profit increase for the April-June quarter. Revenue from operations also saw an 18% year-on-year rise during the same period. Brokerages offered mixed opinions on the IT major's stock performance and future outlook. The company cited hardware procurement issues for project delays, expecting improvement soon. LTM shares gained over 3% on Monday following these financial results. ...Less

Reliance Industries' energy division performance offset retail and Jio BP weakness in the June quarter. E ...More

Reliance Industries' energy division performance offset retail and Jio BP weakness in the June quarter. Elevated product cracks are expected to benefit refining margins due to global fuel supply disruptions. The company aims for peak refinery utilization through diversified crude sourcing and integrated oil-to-chemicals operations. Its upstream business is entering a new investment cycle to sustain production levels. Clean energy segment capacity reached one gigawatt, with battery manufacturing on schedule. ...Less

TCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and mor ...More

TCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5. ...Less

Indian markets experienced volatility, ending nearly unchanged amid mixed global cues. Several companies ...More

Indian markets experienced volatility, ending nearly unchanged amid mixed global cues. Several companies like Wipro and Jio Financial announced their first quarter results today. Angel One reported a strong quarter with significant year-on-year profit growth. HDB Financial and HDFC AMC also posted increased profits for the June quarter. SBI appointed a new chief financial officer, while Ather Energy secured funding. ...Less

The June quarter earnings season gathers pace with 43 companies, including HDFC Life Insurance, HDB Finan ...More

The June quarter earnings season gathers pace with 43 companies, including HDFC Life Insurance, HDB Financial Services, Jana Small Finance Bank and ICICI Prudential Life Insurance, set to report results today. Around 143 companies will announce earnings this week, with investors tracking corporate performance, demand trends and sectoral outlooks. ...Less

HCL Technologies is expected to report a mixed performance for the June quarter, with brokerages forecast ...More

HCL Technologies is expected to report a mixed performance for the June quarter, with brokerages forecasting steady year-on-year profit growth but sequential revenue weakness. Investors will closely watch AI-led demand, margins, deal wins and any changes to the company's FY27 guidance. ...Less

Zepto is considering slashing the size of its public issue amid pushback from domestic investors. This an ...More

Zepto is considering slashing the size of its public issue amid pushback from domestic investors. This and more in today’s ETtech Top 5. ...Less

Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as ...More

Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as stronger credit growth failed to offset concerns over shrinking net interest margins, weaker CASA deposits and leadership uncertainty. ICICI Bank bucked the trend, supported by resilient profitability and balanced loan growth. ...Less

Wipro posted flat first-quarter profit despite higher revenues. This and more in today's ETtech Top 5. ...More

Wipro posted flat first-quarter profit despite higher revenues. This and more in today's ETtech Top 5. ...Less

Only those shareholders who own TCS shares in their demat accounts as of Wednesday will be eligible to re ...More

Only those shareholders who own TCS shares in their demat accounts as of Wednesday will be eligible to receive the bonus shares. Under the market regulator SEBI's T+1 settlement cycle, investors must buy shares of a company at least one trading day before the record date so that they are credited to their demat accounts by that day, making them eligible for the dividend. ...Less

ICICI Prudential AMC reported a 23% net profit increase for Q1 FY27. Revenue from operations also saw an ...More

ICICI Prudential AMC reported a 23% net profit increase for Q1 FY27. Revenue from operations also saw an 18% year-on-year growth. Mutual fund assets under management rose by 11% to Rs 82.40 lakh crore. Brokerages like JM Financial and Motilal Oswal maintained positive ratings. Emkay also reiterated its buy recommendation with a higher target price. ...Less

India's Global Capability Centres are transforming multinational operations beyond cost considerations. E ...More

India's Global Capability Centres are transforming multinational operations beyond cost considerations. Enterprises now prioritize talent and speed for strategic business enablement. Managed workspaces offer speed and flexibility over conventional leasing models. Table Space focuses on enterprise needs, delivering premium workplaces with strong governance. AI will further reshape enterprise infrastructure for collaboration and innovation. ...Less

Financial services and technology, which together account for 57% of revenue for India’s sixth largest IT ...More

Financial services and technology, which together account for 57% of revenue for India’s sixth largest IT service firm, each grew more than 3% sequentially in the first quarter. With this, Lambu said, LTM expects the artificial intelligence-led revenue deflation to be behind the firm. ...Less

Tata Consultancy Services shares climbed significantly after announcing a major AI deal. This new multi-y ...More

Tata Consultancy Services shares climbed significantly after announcing a major AI deal. This new multi-year agreement with ABB aims to transform global network operations. The company also reported better-than-expected first-quarter earnings for the financial year. TCS posted strong revenue growth and a substantial contract value for the period. These positive developments have boosted investor confidence in the IT major. ...Less