- Titan gains 3% as strong Q1 results lift Street sentiment
Titan shares surged, topping Nifty gains after stellar June-quarter earnings surpassed expectations. This ...More
Titan shares surged, topping Nifty gains after stellar June-quarter earnings surpassed expectations. This positive performance has prompted multiple brokerages to revise their price targets upwards, signaling strong investor confidence. With a predominantly bullish outlook from analysts, Titan's stock appears poised for further appreciation. ...Less

- Finolex Cables shares jump 10% on strong Q1 performance; revenue crosses Rs 2,000 crore mark
Finolex Cables shares rose sharply on Wednesday after the company reported a 52.6% YoY rise in Q1 FY27 ne ...More
Finolex Cables shares rose sharply on Wednesday after the company reported a 52.6% YoY rise in Q1 FY27 net profit to Rs 208.2 crore. Revenue surged 44.3% to Rs 2,013.15 crore, crossing the Rs 2,000-crore mark, while EBITDA rose 79% and margins expanded amid strong operational performance. ...Less

- Puravankara Q1 Results: Revenue surges 63% to Rs 877 crore; PAT at Rs 25 crore
Puravankara posted impressive Q1 FY27 results with a remarkable twenty-eight percent rise in pre-sales. Y ...More
Puravankara posted impressive Q1 FY27 results with a remarkable twenty-eight percent rise in pre-sales. Year-on-year, total revenue soared sixty-three percent, hitting eight hundred seventy-seven crore. Profit after tax rebounded to a positive figure, showcasing a strong turnaround from the previous year. The company successfully delivered seven hundred forty-five homes, sustaining its operational pace, while significantly boosting its Bengaluru land transactions with an added GDV of five thousand two hundred crore. ...Less

- US immigration delays worsen and denial rates climb as USCIS backlog surges to 11.3 million
US immigration applicants face longer waits and higher rejection rates as the USCIS backlog reached 11.3 ...More
US immigration applicants face longer waits and higher rejection rates as the USCIS backlog reached 11.3 million cases. Average backlog clearance time nearly doubled to 18.6 months, while the overall denial rate rose to 12.2%, with sharper increases in some employment-based categories. ...Less

- Stocks in news: L&T, Tata Motors, HAL, Grasim, NBCC and IRCTC
The Indian equity markets concluded the trading session on a low note, as escalating crude oil prices wei ...More
The Indian equity markets concluded the trading session on a low note, as escalating crude oil prices weighed heavily on worldwide market sentiment. Notable developments included Larsen & Toubro's announcement of a strategic business transfer for its data center services. Focus will also be on firms like Tata Motors and Hindustan Aeronautics. ...Less

- Manappuram Finance shares jump 3% after Q1 profit soars 4x. Why Jefferies, Morgan Stanley raised target prices
Manappuram Finance shares witnessed an uptick on Wednesday after Q1 FY27 profit surged nearly four-fold t ...More
Manappuram Finance shares witnessed an uptick on Wednesday after Q1 FY27 profit surged nearly four-fold to Rs 585 crore. Jefferies raised its target price to Rs 430, citing better NII and lower provisions, while Morgan Stanley also raised its target. CLSA retained a Hold rating, with a Rs 350 target price. ...Less

- Stocks in news: Indigo Paints, LG Electronics India, Tata Motors PV, Honasa Consumer, Ashok Leyland, Physicswallah
Indian equity markets saw a decline on Thursday, August 13, with the Nifty 50 closing lower. Persistent M ...More
Indian equity markets saw a decline on Thursday, August 13, with the Nifty 50 closing lower. Persistent Middle East tensions and a stronger US dollar influenced investor sentiment negatively. Several companies like Indigo Paints and LG Electronics India reported their first-quarter earnings results. Other firms such as Ashok Leyland and Physicswallah will release their results on Friday. Corporate developments and earnings will guide trading in upcoming sessions. ...Less

- Cochin Shipyard shares fall 4% as Q1 profit declines 19%, revenue sees marginal growth
Cochin Shipyard shares came under pressure after the shipbuilder reported a sharp year-on-year decline in ...More
Cochin Shipyard shares came under pressure after the shipbuilder reported a sharp year-on-year decline in Q1FY27 profit, while revenue grew only marginally. EBITDA and margins also weakened during the quarter, keeping the stock in focus after the results. ...Less

- Cochin Shipyard Q1 Results: Profit falls 19% YoY to Rs 151 crore, revenue up marginally
Cochin Shipyard reported a 19.4% year-on-year decline in Q1FY27 consolidated profit to Rs 151.5 crore, de ...More
Cochin Shipyard reported a 19.4% year-on-year decline in Q1FY27 consolidated profit to Rs 151.5 crore, despite 2.3% revenue growth. EBITDA fell 20.4%, dragging margins lower, while the company also disclosed regulatory fines over board composition. ...Less

- Senco Gold shares fall over 8% after Q1 results. What squeezed profitability?
Senco Gold shares fell 8.16% after the company reported mixed Q1 FY27 results. While consolidated revenue ...More
Senco Gold shares fell 8.16% after the company reported mixed Q1 FY27 results. While consolidated revenue surged 67% YoY to Rs 3,056 crore, PAT declined 3% to Rs 101 crore. EBITDA rose 16% to Rs 213 crore, but margins contracted sharply amid promotional discounting, lower gold prices and customs duty changes, weighing on profitability and investor sentiment. ...Less

- Gland Pharma shares rally 12% after Q1FY27 profit jumps 47% YoY. Should you buy, sell or hold?
Gland Pharma shares rose sharply after Q1FY27 profit rose 47% and revenue grew 20% year-on-year. While st ...More
Gland Pharma shares rose sharply after Q1FY27 profit rose 47% and revenue grew 20% year-on-year. While strong margins and CDMO growth prompted Elara Securities to raise its earnings estimates, the brokerage downgraded the stock to ‘Accumulate’ from ‘Buy’ after its 40% three-month rally, citing limited near-term upside. ...Less

- Lenskart Q1 Results: Profit zooms 182% YoY to Rs 228 crore; revenue up 34%
Lenskart Solutions reported a 182.3% YoY jump in Q1 FY27 profit to Rs 228 crore, while revenue rose 33.6% ...More
Lenskart Solutions reported a 182.3% YoY jump in Q1 FY27 profit to Rs 228 crore, while revenue rose 33.6% to Rs 2,214 crore. EBITDA increased 61.3% to Rs 589 crore, with margins expanding and product margin crossing 70% for the first time. ...Less

- Grasim Industries swings to profit in Q1, revenue rises 21% YoY
Grasim Industries reported strong Q1 FY27 results, with standalone net profit reaching Rs 247 crore and r ...More
Grasim Industries reported strong Q1 FY27 results, with standalone net profit reaching Rs 247 crore and revenue rising 28% YoY. Consolidated net profit jumped 51% to Rs 2,146 crore, driven by robust performance across core and growth businesses. ...Less

- Uflex shares surge 16% after Q1 profit zooms 630% YoY
Uflex shares rallied after the company reported a 630% YoY jump in Q1 FY27 net profit to Rs 423.3 crore. ...More
Uflex shares rallied after the company reported a 630% YoY jump in Q1 FY27 net profit to Rs 423.3 crore. Revenue grew 38% to Rs 5,366 crore, while EBITDA surged 92% to Rs 919.8 crore. The EBITDA margin expanded to 17%, marking the company’s highest level in 21 quarters. ...Less

- Puravankara shares rally up to 13% after Q1 revenue jumps 62% YoY; EBITDA margin expands to 25%
Puravankara shares rose sharply on Monday after Q1FY27 revenue jumped 63% YoY to Rs 877 crore, while PAT ...More
Puravankara shares rose sharply on Monday after Q1FY27 revenue jumped 63% YoY to Rs 877 crore, while PAT turned positive at Rs 25 crore and EBITDA margin expanded to 25%. Pre-sales rose 28% to Rs 1,439 crore, with collections up 40% YoY. ...Less

- ETMarkets Smart Talk | Dhawal Dalal’s fixed-income playbook: Stagger bond bets, favour AAA debt
While the near-term rate outlook remains uncertain amid global inflation and energy price risks, the fixe ...More
While the near-term rate outlook remains uncertain amid global inflation and energy price risks, the fixed-income landscape continues to offer opportunities across select segments. ...Less

- TARC Ltd reports Rs 22.64 crore profit after tax for Q1FY27
TARC Limited reported a profit after tax of Rs 22.64 crore for Q1FY27. Quarterly presales reached Rs 602 ...More
TARC Limited reported a profit after tax of Rs 22.64 crore for Q1FY27. Quarterly presales reached Rs 602 crore, showing significant year-on-year growth. Collections also increased by eighty percent year-on-year, supporting cash flow visibility. Total income stood at Rs 218.71 crore, reflecting revenue recognition from TARC Tripundra. The company is advancing its pipeline of ultra-luxury developments in Delhi. ...Less

- Honasa Consumer Q1 Results: Mamaearth parent posts record profit of Rs 90 crore; revenue up 27% YoY
Honasa Consumer, the parent of Mamaearth, reported a record Rs 90 crore consolidated PAT in Q1FY27, up 11 ...More
Honasa Consumer, the parent of Mamaearth, reported a record Rs 90 crore consolidated PAT in Q1FY27, up 116.5% YoY. Revenue rose 27% to Rs 756 crore, while EBITDA surged 141% to Rs 110 crore. Strong growth across focus categories, brands and offline channels supported the company’s performance. ...Less

- MRF Q1 Results: PAT dips 6% YoY to Rs 479 crore; shares fall 3% amid sharp margin contraction
MRF reported a 6.5% YoY decline in Q1FY27 net profit to Rs 479 crore, despite a 10% rise in revenue to Rs ...More
MRF reported a 6.5% YoY decline in Q1FY27 net profit to Rs 479 crore, despite a 10% rise in revenue to Rs 8,416 crore. EBITDA fell 7.5%, while margins contracted to 11.77% from 13.95%. Higher material costs weighed on profitability. Shares fell 3% following the results. The company also announced two senior management appointments. ...Less

- ideaForge Technology shares drop over 9% in two days. JM Financial downgrades rating
ideaForge Technology shares fell 9.5% over two days after JM Financial downgraded the stock to Add from B ...More
ideaForge Technology shares fell 9.5% over two days after JM Financial downgraded the stock to Add from Buy, citing valuation concerns following a sharp run-up despite strong long-term prospects. The brokerage expects order inflows to remain weak in FY27 before recovering in FY28 and FY29, while execution momentum and operating leverage could support significant revenue and margin growth. ...Less

- Lenskart’s Meller sunglasses are Ray-Ban of the future, says Jefferies. Here’s why Wall Street giant is bullish
Lenskart’s strong Q1 FY27 performance, marked by sharp profit growth, revenue expansion and improving mar ...More
Lenskart’s strong Q1 FY27 performance, marked by sharp profit growth, revenue expansion and improving margins, has strengthened the bullish case among brokerages. Jefferies sees further potential from international growth, premiumisation, store expansion and Meller, which it believes could become a major global brand. ...Less

- Stocks in news: UltraTech Cement, Tata Motors PV, Axis Bank, Apollo Hospitals and Ircon
Indian equity markets saw a decline on Wednesday, influenced by Middle East tensions and rising oil price ...More
Indian equity markets saw a decline on Wednesday, influenced by Middle East tensions and rising oil prices. Several companies will be in focus today due to corporate developments and first-quarter earnings reports. UltraTech Cement shares are set for a block deal, while Apollo Hospitals reported strong profit growth. Lenskart Solutions and Astral also announced significant profit increases for the first quarter. ...Less

- SBI shares rise nearly 2% after Q1 beat. Here's what Nomura, Morgan Stanley and other top brokerages expect next
SBI shares gained 1.55% after the lender reported a 10% YoY rise in Q1 FY27 standalone net profit to Rs 2 ...More
SBI shares gained 1.55% after the lender reported a 10% YoY rise in Q1 FY27 standalone net profit to Rs 21,121 crore, beating Street estimates. Net interest income rose 15% to Rs 46,992 crore, while operating profit increased 10%. Domestic NIM improved to 3%, while whole-bank NIM rose 5 bps sequentially to 2.86%. ...Less

- Astra Microwave shares tank 9% after profit, revenue take a hit in Q1FY27
Astra Microwave shares fell nearly 9% after Q1FY27 profit declined 24% and revenue dropped 12% year-on-ye ...More
Astra Microwave shares fell nearly 9% after Q1FY27 profit declined 24% and revenue dropped 12% year-on-year. EBITDA also weakened, while margins narrowed. The defence company announced a leadership transition, with M.V. Reddy set to become managing director from October. ...Less

- Lenskart Solutions shares jump 7% after Q1 results; Jefferies, Goldman Sachs, 3 others raise target price
Lenskart Share Price: Lenskart shares rose after Q1 FY27 profit surged 182% YoY to Rs 228 crore, while re ...More
Lenskart Share Price: Lenskart shares rose after Q1 FY27 profit surged 182% YoY to Rs 228 crore, while revenue grew 34% and EBITDA jumped 61%. Margins also improved sharply, with product margin crossing 70%. Jefferies, Morgan Stanley and Goldman Sachs remain positive, citing strong growth, margin expansion and premiumisation, with target prices implying up to 22% upside. ...Less

- Hindalco share price: Why brokerages are reiterating their Buy calls, raising target prices after Q1 earnings
Hindalco shares fell despite the company reporting a record Q1 profit. However, brokerages remained bulli ...More
Hindalco shares fell despite the company reporting a record Q1 profit. However, brokerages remained bullish, citing strong India operations, improving downstream mix and a recovery at Novelis, while raising their target prices and retaining Buy ratings on the stock. ...Less

- Kaynes Tech shares crash 8% after weak Q1 results: What are Nomura and Motilal Oswal saying
Kaynes Technology shares tanked 8% after the electronics manufacturing services firm reported a 24.4% YoY ...More
Kaynes Technology shares tanked 8% after the electronics manufacturing services firm reported a 24.4% YoY decline in Q1 FY27 net profit to Rs 56.4 crore. Revenue, however, surged 40.5% to Rs 946 crore, while EBITDA rose 29.5% to Rs 147.5 crore. The EBITDA margin narrowed to 15.6% from 16.7%, reflecting pressure on profitability despite strong revenue growth. ...Less

- Delhivery Q1 Results: Net profit tumbles 65% YoY to Rs 32 crore, but revenue rises 28%
Delhivery reported a 65% year-on-year decline in Q1 FY27 net profit to Rs 31.9 crore, despite a 28% rise ...More
Delhivery reported a 65% year-on-year decline in Q1 FY27 net profit to Rs 31.9 crore, despite a 28% rise in revenue to Rs 2,930.7 crore. EBITDA fell 4% as higher labour, fuel and operating costs weighed on margins. The logistics company expects pricing revisions and revenue growth to offset cost pressures. ...Less

- Dynamatic Technologies shares soar 9% after Q1 profit jumps 93% YoY to Rs 21 crore; outlook stays strong
Dynamatic Technologies shares surged 12% after the company reported a near-doubling in Q1 FY27 net profit ...More
Dynamatic Technologies shares surged 12% after the company reported a near-doubling in Q1 FY27 net profit to Rs 20.79 crore. Revenue rose 14.5% year-on-year to Rs 424.81 crore, while EBITDA jumped 45.9% to Rs 55.11 crore. EBITDA margin expanded 280 basis points to 13%, with EBIT rising 83.7% and EBIT margin improving 310 basis points. ...Less

- LG Electronics shares jump 5% after robust Q1 earnings. What are Jefferies, other brokerages saying?
In the first quarter of FY27, LG Electronics India showcased impressive profit growth alongside significa ...More
In the first quarter of FY27, LG Electronics India showcased impressive profit growth alongside significant operational revenue increases from April to June. The surge stemmed from robust demand for premium products across various categories. Analysts remain optimistic, highlighting the company's solid earnings potential and market stance, bolstered by strategic investments focused on enhancing manufacturing and export capacities. ...Less

- Info Edge shares jump 4% after strong Q1 show. What Nomura, Nuvama and other brokerages expect next
Info Edge shares jumped over 4% after the company reported a strong Q1 FY27 performance, with consolidate ...More
Info Edge shares jumped over 4% after the company reported a strong Q1 FY27 performance, with consolidated net profit rising 43% year-on-year to Rs 490 crore. Recruitment billings grew 17.5%, while operating profit rose 25%. Nomura, Nuvama and Motilal Oswal retained their respective ratings, with Nomura and Nuvama maintaining Buy calls and raising target prices. ...Less

- HAL shares gain 2% after Q1 earnings beat estimates. Nomura, other brokerages hike target price
In the first quarter of FY27, Hindustan Aeronautics showcased a robust 15% rise in net profit, prompting ...More
In the first quarter of FY27, Hindustan Aeronautics showcased a robust 15% rise in net profit, prompting brokerages to adjust their target prices for HAL shares. Notably, Nomura retained its buy rating while upping its target to Rs 6,314. Meanwhile, Motilal Oswal also revised its target to Rs 5,800, attributing this to the impressive quarterly results. The company anticipates ramping up Tejas deliveries starting FY28. ...Less

- Vodafone Idea Q1 Results: Loss narrows to Rs 3,754 crore; revenue rises 6% YoY
Vodafone Idea Q1 Results: Debt-ridden telco Vodafone Idea on Monday narrowed its consolidated losses in t ...More
Vodafone Idea Q1 Results: Debt-ridden telco Vodafone Idea on Monday narrowed its consolidated losses in the first quarter to Rs 3,754 crore. The loss stood at Rs 6,608 crore in the last year quarter. Revenue from operations increased 6% YoY to Rs 11,689 crore. ...Less

- Vedanta Oil and Gas shares surge 12% to fresh record high. What should investors do?
Vedanta Oil and Gas shares rose sharply on Monday after CRISIL upgraded the company’s long-term credit ra ...More
Vedanta Oil and Gas shares rose sharply on Monday after CRISIL upgraded the company’s long-term credit rating. The company reported a sharp turnaround in Q1 FY27, posting a net profit of Rs 945 crore. Here’s a look at its financial performance, growth plans and key factors investors should consider. ...Less

- Ola Electric shares fall 6% even as Q1 loss narrows. Why brokerages see up to 51% downside
Ola Electric shares fell after the company reported a narrower Q1 FY27 net loss of Rs 336 crore, compared ...More
Ola Electric shares fell after the company reported a narrower Q1 FY27 net loss of Rs 336 crore, compared with Rs 428 crore a year ago. However, revenue from operations declined 45% YoY to Rs 455 crore, despite rising 72% QoQ from Rs 265 crore in Q4 FY26. ...Less

- Dr Agarwals Health shares fall 7% after Rs 2,065-crore block deal; Hyperion Investments, Claymore likely sellers
Dr Agarwals Health Care shares dropped on Wednesday after a Rs 2,065-crore block deal involving 4.07 cror ...More
Dr Agarwals Health Care shares dropped on Wednesday after a Rs 2,065-crore block deal involving 4.07 crore shares. Hyperion Investments and Claymore Investments were likely sellers, according to term sheet details. The block deal came after the company reported a 44.6% YoY rise in Q1 FY27 profit to Rs 55 crore. ...Less

- Fortis Healthcare Q1 Results: Profit rises 2.3% to Rs 273 crore
Fortis Healthcare's financial report for the first quarter showcases a promising 2.3 percent rise in prof ...More
Fortis Healthcare's financial report for the first quarter showcases a promising 2.3 percent rise in profit. The consolidated profit after tax now stands at Rs 273 crore, reflecting growth from last year. Additionally, revenue surged 17.5 percent to reach Rs 2,545 crore. The hospital segment thrived, alongside successful diagnostics operations. Leaders of the company highlighted ongoing investment in infrastructure and a positive business momentum for the future. ...Less

- Apollo Hospitals Q1 Results: Net profit jumps 38% YoY to Rs 610 crore; revenue rises 21%
Apollo Hospitals reported a 38.4% year-on-year rise in Q1FY27 net profit to ₹610 crore, while revenue gre ...More
Apollo Hospitals reported a 38.4% year-on-year rise in Q1FY27 net profit to ₹610 crore, while revenue grew 20.6% to ₹7,044 crore. EBITDA increased 28.2%, supported by higher healthcare volumes, complex procedures, capacity expansion and strong international patient growth. ...Less

- BSE shares tumble 5% after Jefferies downgrades stock to 'underperform'. Here’s why
BSE shares fell sharply on Monday after Jefferies downgraded the stock and cut its target price to Rs 2,9 ...More
BSE shares fell sharply on Monday after Jefferies downgraded the stock and cut its target price to Rs 2,940, citing risks from proprietary trading activity, STT changes, RBI bank guarantee norms and the Closing Auction Session. The brokerage also lowered earnings estimates, despite BSE’s strong Q1FY27 profit and revenue growth. ...Less

- Inflation likely to rise from here as food prices remain key risk: Experts
Retail inflation in India is projected to increase in upcoming months. Food prices are the primary driver ...More
Retail inflation in India is projected to increase in upcoming months. Food prices are the primary driver, though inflation should stay below six percent. Analysts anticipate the Reserve Bank of India will maintain its current policy stance. Supply-side factors like tomato and onion costs are influencing current price increases. Geopolitical easing could lead to inflation undershooting official projections. ...Less

- SBI share price climbs 4% after Q1 profit jumps 10% YoY, beats estimates
SBI shares rose sharply on Friday after the lender reported a 10% year-on-year rise in Q1 FY27 standalone ...More
SBI shares rose sharply on Friday after the lender reported a 10% year-on-year rise in Q1 FY27 standalone profit to Rs 21,121 crore, beating Street estimates. Net interest income rose 15% to Rs 46,992 crore, while total business crossed Rs 110 trillion. The stock remains 9% below its 52-week high. ...Less

- Bharat Dynamics Q1 Results: Net profit soars 6x to Rs 119 crore, revenue surges 131% YoY
Bharat Dynamics reported a strong Q1 FY27 performance, with standalone net profit rising more than sixfol ...More
Bharat Dynamics reported a strong Q1 FY27 performance, with standalone net profit rising more than sixfold year on year to Rs 118.79 crore, while revenue from operations jumped 131%. The stock remained largely flat after the results, despite delivering strong gains over the longer term. ...Less

- PFC shares tumble 5% to 4-month low after weak Q1 earnings. Why Motilal Oswal still recommends Buy
PFC shares fell over 5% after the company reported a 2% YoY rise in Q1 FY27 consolidated net profit to Rs ...More
PFC shares fell over 5% after the company reported a 2% YoY rise in Q1 FY27 consolidated net profit to Rs 7,012 crore. Motilal Oswal retained its Buy rating but cut its target price to Rs 500, citing lower loan growth and margin pressure. ...Less

- In 2024, managers deliberately cooled the Colorado River to protect the Grand Canyon from invasive smallmouth bass. 2 years later, no bass recruitment had been detected, but the effort cost $19.1 million in replacement power
Managers at Glen Canyon Dam used an unusual strategy to protect native Colorado River fish from invasive ...More
Managers at Glen Canyon Dam used an unusual strategy to protect native Colorado River fish from invasive smallmouth bass: they deliberately cooled downstream water during periods when the fish could reproduce. The “Cool Mix” operation combined colder water from lower river outlets with water passing through power-generating penstocks, keeping temperatures near or below 60°F. No smallmouth bass recruitment was detected in 2024, while preliminary 2025 monitoring also found none, though sampling was reduced. ...Less

- F&O Talk: Nifty consolidation to continue says Sudeep Shah; gives Tata Motors, Lenskart, Honasa strategy
Nifty remains range-bound amid falling volatility, with 24,200–24,150 as key support and 24,550–24,600 as ...More
Nifty remains range-bound amid falling volatility, with 24,200–24,150 as key support and 24,550–24,600 as resistance. Options data shows strong Put writing, suggesting limited downside. Analysts prefer PSU banks, while defence, auto and chemicals remain technically strong. ...Less

- Stocks in news: Cochin Shipyard, Voltas, Patanjali Foods, and PhysicsWallah
Indian stock markets experienced a range-bound week with minor losses for Sensex and Nifty. Analysts are ...More
Indian stock markets experienced a range-bound week with minor losses for Sensex and Nifty. Analysts are watching four key factors that will influence Dalal Street's action this week. Cochin Shipyard reported a profit decline, while Voltas saw a significant profit surge. Patanjali Foods and Kwality Wall's also posted profit increases. PhysicsWallah narrowed its net loss, and NMDC reported a profit rise. ...Less

- Delhivery shares plunge 4% as net profit tumbles 65% YoY. Why Nuvama still maintains Buy rating
Delhivery shares fell 4% after the logistics company reported a 65% YoY decline in Q1 FY27 net profit to ...More
Delhivery shares fell 4% after the logistics company reported a 65% YoY decline in Q1 FY27 net profit to Rs 32 crore, despite a 28% rise in revenue. Nuvama retained its Buy rating but cut the target price to Rs 570. ...Less

- Picture perfect quarter? Nifty profit growth hits a 10-quarter high, but 5 stocks do the heavy lifting
Nifty firms have recorded their most impressive profit growth in a decade, boasting significant contribut ...More
Nifty firms have recorded their most impressive profit growth in a decade, boasting significant contributions from five leading companies, ONGC and Reliance among them, which accounted for sixty percent of this spike. Key sectors like metals and oil have made remarkable profit recoveries during this time, and broader market segments, particularly mid and small caps, also shone with strong earnings. ...Less

- Stocks in news: Titan, SBI, Ola Electric, Astra Microwave and Hindalco
Markets closed lower Friday amid mixed global cues and rising crude oil. Analysts remain bullish on Nifty ...More
Markets closed lower Friday amid mixed global cues and rising crude oil. Analysts remain bullish on Nifty above 24,350. Focus on Titan's strong Q1 profit, SBI's earnings beat, and Ola Electric's narrower loss. Hindalco also posted record profits. Maruti Suzuki anticipates significant passenger vehicle sales growth. ...Less

- Delhi Airport plans Rs 3,500 cr bond sale for debt recast
Delhi International Airport (DIAL) is embarking on a financial strategy by issuing bonds worth ₹3,550 cro ...More
Delhi International Airport (DIAL) is embarking on a financial strategy by issuing bonds worth ₹3,550 crore over a 15-year duration, with the primary goal of refinancing existing dollar debt. This initiative is designed to secure long-term funding in rupees while providing greater repayment flexibility. Anticipated to yield a coupon rate near 9. ...Less
- Has Dalal Street's near term outlook improved? HSBC lists 4 headwinds, 3 tailwinds to watch out for
HSBC Mutual Fund remains constructive on Indian equities, citing improving earnings, private capex, polic ...More
HSBC Mutual Fund remains constructive on Indian equities, citing improving earnings, private capex, policy support and potential trade deals. However, elevated commodity prices, weak global growth, a below-normal monsoon and slower government capex remain key risks for markets. ...Less
- Aarti Pharmalabs shares hit 20% upper circuit as Q1 net profit surges 65% YoY to Rs 76 crore
Aarti Pharmalabs shares hit the 20% upper circuit after the company reported a 65.4% year-on-year rise in ...More
Aarti Pharmalabs shares hit the 20% upper circuit after the company reported a 65.4% year-on-year rise in Q1 FY27 net profit to Rs 76.14 crore. Revenue surged 38.7% to Rs 535.79 crore, while the company also approved a Rs 149-crore capex plan to expand manufacturing capacity. ...Less
- Zydus Lifesciences shares drop 3% after Q1 earnings. Here's why Nuvama upgraded rating, hiked target
Shares of Zydus Lifesciences saw a decline of more than two percent following the announcement of a notab ...More
Shares of Zydus Lifesciences saw a decline of more than two percent following the announcement of a notable profit drop. The net profit plunged thirty-six percent year-on-year for the first quarter, despite a nearly twenty-two percent increase in operational revenue. Expenses surged by over forty-one percent. However, the managing director remains optimistic about future prospects. Analysts at Nuvama have upgraded the stock to 'Buy', setting a higher price target. ...Less
- Paytm management gets Sebi show cause notice over timing of 2023 loan disclosure announcement
Paytm management has received a Sebi show-cause notice over the timing and classification of information ...More
Paytm management has received a Sebi show-cause notice over the timing and classification of information disclosed in a December 2023 corporate announcement. The company said its key managerial personnel are evaluating the notice and will respond within 14 days. The development comes after Paytm reported strong Q1 FY27 earnings and Bernstein raised its target. ...Less
- Will Nifty, Sensex extend losses on Monday? Middle East tensions, Q1 results and 3 other factors to steer D-St this week
Indian stock markets ended lower as benchmark indices Sensex and Nifty diverged. Investors face crucial t ...More
Indian stock markets ended lower as benchmark indices Sensex and Nifty diverged. Investors face crucial triggers next week, including over 2,000 Q1 earnings announcements, crude oil price movements amid Middle East geopolitical tensions, US nonfarm payroll data influencing Federal Reserve interest rate policy, and ongoing foreign institutional investment trends. ...Less
- Britannia shares rally 4% as Q1 profit rises 14% YoY. Should you buy, sell or hold?
Britannia Industries shares rose 4% after the FMCG major reported a more than 14% year-on-year increase i ...More
Britannia Industries shares rose 4% after the FMCG major reported a more than 14% year-on-year increase in Q1 FY27 net profit to Rs 591 crore. Despite higher input costs due to geopolitical tensions, the company delivered healthy revenue growth and margin expansion, prompting Nuvama and Nomura to reiterate their 'Buy' ratings on the stock. ...Less
- Bata India Q1 Results: Profit jumps 23% to Rs 64 crore on operational efficiency
Bata India has reported a remarkable twenty-three percent increase in profits for the June quarter, thank ...More
Bata India has reported a remarkable twenty-three percent increase in profits for the June quarter, thanks to effective operational efficiency and stringent cost management. In addition, a four percent growth in revenue from operations was fueled by premiumization and higher sales volume. The company has also announced an interim dividend of twenty-five rupees per share, marking its third consecutive quarter of impressive growth. ...Less
- Tata Motors PV shares fall 5% after weak Q1 results. What are Morgan Stanley, Nomura, others saying?
TMPV Share Price: Tata Motors’ Q1 FY27 net profit plunged 80% YoY to ₹775 crore due to supply disruptions ...More
TMPV Share Price: Tata Motors’ Q1 FY27 net profit plunged 80% YoY to ₹775 crore due to supply disruptions, Middle East tensions and Jaguar’s wind-down, while revenue rose 9% to ₹95,799 crore and EBITDA margin narrowed to 7.4%. ...Less
- 2 New Orleans students crushed millions of discarded bottles into recycled glass sand to fight coastal erosion; the result transformed Louisiana's sinking marshes by anchoring new grass and helping rebuild one of America's most vulnerable coastlines
Two New Orleans students saw a problem hiding in plain sight: discarded glass had little practical recycl ...More
Two New Orleans students saw a problem hiding in plain sight: discarded glass had little practical recycling value in their city, while Louisiana's coast desperately needed material to rebuild eroding wetlands. Their solution was to crush unwanted bottles into sand and gravel through Glass Half Full, the recycling operation they founded. Millions of pounds of glass have since been diverted from landfills, with the recycled material finding uses beyond ordinary recycling. ...Less
- Tata Motors PV's Shailesh Chandra says capex, strategy to stay unchanged as Chandrasekaran exits Tata Sons
Tata Motors Passenger Vehicles will maintain its growth strategy and capex plans. The company's Managing ...More
Tata Motors Passenger Vehicles will maintain its growth strategy and capex plans. The company's Managing Director confirmed no changes despite leadership transitions. Future plans include a 20 percent domestic market share by FY31. This involves nearly doubling annual volumes and launching new models. Production capacity will also increase significantly within a few years. ...Less
- Solar Industries shares jump 8% to fresh lifetime high after Q1 net profit soars 93% YoY to Rs 653 crore
Solar Industries shares surged over 8% after the company reported a 93% YoY rise in Q1 FY27 net profit to ...More
Solar Industries shares surged over 8% after the company reported a 93% YoY rise in Q1 FY27 net profit to Rs 652.55 crore and 70% revenue growth. Strong defence, domestic and international explosives businesses, a Rs 21,350 crore order book and Rs 14,000 crore FY27 revenue guidance boosted investor confidence in growth prospects. ...Less
- Pilani Investment to sell 1.7 million UltraTech Cement shares for ₹1,908 crore
Pilani Investment plans to sell 1.7 million UltraTech Cement shares valued at ₹1,908 crore on August 13, ...More
Pilani Investment plans to sell 1.7 million UltraTech Cement shares valued at ₹1,908 crore on August 13, 2026, at a 3% discount. Separately, UltraTech Cement is acquiring a 26% stake in Solaris Horizon Energy to support its green energy initiatives. ...Less
- Manorama Industries shares surge over 8% after strong Q1 results
Manorama Industries shares surged after Q1FY27 net profit jumped 67.6% YoY to ₹78.7 crore, aided by a bet ...More
Manorama Industries shares surged after Q1FY27 net profit jumped 67.6% YoY to ₹78.7 crore, aided by a better product mix, higher capacity and strong demand from chocolate, confectionery and cosmetics sectors. ...Less
- FMCG’s FII nightmare! $5.2 billion selloff in 12 straight months. Are stocks set for a rebound?
Over the past year, foreign investors have unloaded $5.2 billion worth of FMCG stocks, largely due to the ...More
Over the past year, foreign investors have unloaded $5.2 billion worth of FMCG stocks, largely due to the challenges stemming from inflated valuations and rising input costs. Companies are now transferring these increased costs to customers, resulting in weak volume growth and declining margins. For a recovery to take shape, analysts emphasize the need for enhanced consumer spending and stable commodity prices. ...Less
- LEAP India shares fall 12% post-listing, slip below IPO price. What should investors do?
LEAP India shares dropped from their listing price, slipping below the IPO issue price after a modest deb ...More
LEAP India shares dropped from their listing price, slipping below the IPO issue price after a modest debut. While analysts highlight the company's leadership in pallet pooling and long-term growth potential, demanding valuations and modest return ratios have led to a Neutral view, with a stop-loss suggested at Rs 155. ...Less
- Yen edges up as traders push back Fed rate hike bets
The yen slightly appreciated against the dollar, seemingly unfazed by disappointing Japanese GDP results. ...More
The yen slightly appreciated against the dollar, seemingly unfazed by disappointing Japanese GDP results. Market participants have begun to adjust their forecasts, pushing back the timeline for a potential Federal Reserve interest rate hike this year. Soft economic signals from the U.S. have dampened investor sentiment regarding future rate adjustments. Meanwhile, oil prices displayed volatility due to stalled U.S. ...Less
- Godrej Consumer Products shares tank 10% after CEO’s sudden exit; HSBC downgrades to Hold
Godrej Consumer Products shares declined 10% following the sudden resignation of CEO Sudhir Sitapati, who ...More
Godrej Consumer Products shares declined 10% following the sudden resignation of CEO Sudhir Sitapati, who announced his work was finished and it was time for new beginnings. HSBC nalysts have since downgraded the stock, highlighting potential uncertainties and execution hurdles ahead, despite the company showcasing strong Q1 performance with impressive profit and revenue growth. Aasif Malbari is set to take charge as the new CEO. ...Less
- SBI Chairman Setty rules out asset quality stress in Q1, says seasonality distorts sequential NPAs
State Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advanc ...More
State Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupees, marking significant growth for the bank. Asset quality indicators showed marked improvement year-on-year, with GNPA declining. The bank maintained its full-year credit growth guidance at fourteen to fifteen percent. SBI is deploying Responsible AI Policy to enhance cybersecurity and operational efficiency. ...Less
- PB Fintech shares gain 2% after Q1 results. Why Morgan Stanley, Nomura see up to 25% downside
PB Fintech shares rose after the Policybazaar parent reported a 92% YoY jump in Q1 FY27 net profit to Rs ...More
PB Fintech shares rose after the Policybazaar parent reported a 92% YoY jump in Q1 FY27 net profit to Rs 163 crore. Operating revenue grew 40% to Rs 1,888 crore, while total insurance premium increased 41% to Rs 8,372 crore. PAT margin also improved to 9% from 6% a year ago. ...Less
- HAL Q1 Results: Net profit rises 15% YoY to Rs 1,590 crore, revenue up 14%
HAL Shares Q1 Results : Hindustan Aeronautics reported an impressive fifteen percent increase in net prof ...More
HAL Shares Q1 Results : Hindustan Aeronautics reported an impressive fifteen percent increase in net profit for the first quarter, showcasing robust financial health. Alongside, the company observed a fourteen percent year-on-year rise in operational revenue for the April-June period of the fiscal year twenty twenty-seven. Released on a Wednesday, the findings revealed that HAL shares experienced slight gains following this promising report. ...Less
- Ola Electric gets two-year extension on cell-manufacturing PLI milestones
The revised timeline secures Ola Electric a five-year PLI window through 2031 and could unlock up to Rs 7 ...More
The revised timeline secures Ola Electric a five-year PLI window through 2031 and could unlock up to Rs 7,240 crore in cumulative incentives, the company said in an exchange filing on Wednesday. The incentives will be disbursed quarterly, beginning next quarter. ...Less
- BSE shares fall 2% despite 62% jump in Q1 net profit to Rs 874 crore. Should you buy, sell or hold?
BSE reported a significant 62% profit jump and 63% revenue increase for the first quarter. Investment inc ...More
BSE reported a significant 62% profit jump and 63% revenue increase for the first quarter. Investment income also saw a sharp rise during the reported period. Analysts maintained positive calls but reduced price targets due to regulatory changes. Industry volumes declined, impacting profit estimates for upcoming financial years. BSE shares experienced a slight decline after the financial results were announced. ...Less
- Crompton Greaves shares crash 7% despite strong Q1 results
Crompton Greaves Consumer Electricals shares fell to a day's low of ₹250 on Friday, even after posting st ...More
Crompton Greaves Consumer Electricals shares fell to a day's low of ₹250 on Friday, even after posting strong Q1 results a day earlier. The company reported a 15.2% YoY jump in PAT to ₹143 crore (6.4% margin) and 11.8% YoY revenue growth to ₹2,235 crore, driven by broad-based performance across segments. ...Less
- Neuland Laboratories shares jump over 6% after 975% YoY surge in Q1 profit
Neuland Laboratories shares rose sharply on Thursday after the drugmaker reported a 975% year-on-year sur ...More
Neuland Laboratories shares rose sharply on Thursday after the drugmaker reported a 975% year-on-year surge in Q1 FY27 profit to Rs 147.4 crore. Revenue more than doubled, while EBITDA jumped 448%, driven by strong commercial product sales and encouraging performance across its CMS and GDS businesses. ...Less
- RBI MPC meeting August 2026 highlights: Repo rate decision, inflation outlook & GDP forecast; key takeaways from Governor Sanjay Malhotra's speech
RBI MPC meeting August 2026 highlights: The Reserve Bank of India has decided to keep the repo rate stead ...More
RBI MPC meeting August 2026 highlights: The Reserve Bank of India has decided to keep the repo rate steady at 5.25 percent, reflecting a cautious approach amid global instability and persistent inflation pressures. Despite these challenges, the domestic economy demonstrates resilience, with a projected GDP growth of 6.7 percent for the current fiscal year. Additionally, the central bank has adjusted its inflation forecast for FY27 downward. ...Less
- Dhoot Transmission IPO priced at Rs 829-871
Dhoot Transmission has set the price band for its ₹3,067-crore IPO at ₹829–871 per share. The public issu ...More
Dhoot Transmission has set the price band for its ₹3,067-crore IPO at ₹829–871 per share. The public issue will be open for subscription from August 10 to 12, with Axis Capital, Jefferies India, Kotak Mahindra Capital, Nomura Financial Advisory and Securities, SBI Capital Markets, and 360 ONE WAM serving as the book-running lead managers. ...Less
- Eternal vs Swiggy: The quick commerce war is on. Which stock should you own after Q1?
The rivalry in the quick commerce sector heats up as Q1 results show stark contrasts between Eternal and ...More
The rivalry in the quick commerce sector heats up as Q1 results show stark contrasts between Eternal and Swiggy. While Swiggy leans towards aggressive growth supported by robust funding, Eternal places its bets on profitability and improved operations. Both firms are vying for ambitious long-term goals that investors will be keen on observing, particularly in how they each navigate the balance between expansion and profitability. ...Less
- Paytm shares jump 5% after Bernstein assigns target price above IPO price for first time
Paytm Share Price: Paytm shares rallied after Bernstein raised its target price to Rs 2,200, implying 52% ...More
Paytm Share Price: Paytm shares rallied after Bernstein raised its target price to Rs 2,200, implying 52% upside, while retaining an Outperform rating. The target is the highest on the Street and the first above Paytm’s Rs 2,150 IPO price, with Bernstein factoring in UPI MDR from FY28. ...Less
- Samvardhana Motherson shares rally over 7% after Q1 earnings; Motilal Oswal, Nomura weigh in
Samvardhana Motherson International shares surged after the company posted record Q1 FY27 revenue of ₹35, ...More
Samvardhana Motherson International shares surged after the company posted record Q1 FY27 revenue of ₹35,244 crore (up 17% YoY) and a 70.1% YoY jump in profit after tax to ₹1,032 crore, aided by recent acquisitions — including Shenzhen Autocruis and the Wiring Harness businesses of Nexans Autoelectric and Yutaka Giken — expected to add nearly $2 billion in annualized revenue. ...Less
- Ola Electric's PLI woes; Paytm rides MDR hopes
Ola Electric’s auditor has raised a red flag in the company’s Q1 results. This and more in today’s ETtech ...More
Ola Electric’s auditor has raised a red flag in the company’s Q1 results. This and more in today’s ETtech's Top 5. ...Less
- Policybazaar parent’s Q1 profit jumps 92% driven by margin gains
The Gurugram-based company’s net profit for the quarter jumped 92% year-on-year (YoY) to Rs 163 crore as ...More
The Gurugram-based company’s net profit for the quarter jumped 92% year-on-year (YoY) to Rs 163 crore as operating margins recorded significant improvement, and its Ebitda (earnings before interest, taxes, depreciation and amortisation) expanded fourfold to Rs 139 crore. PB Fintech’s post-tax profit is larger than its Ebitda because the company reports significant non-operating income — Rs 93 crore for the June quarter. ...Less
- Why is market falling today? Sensex falls over 450 points, Nifty below 24,450. 4 key factors
On Tuesday, Indian stock markets experienced a downturn influenced by increasing oil prices and escalatin ...More
On Tuesday, Indian stock markets experienced a downturn influenced by increasing oil prices and escalating tensions in the Middle East. Nevertheless, the broader markets displayed resilience as small and midcap indices thrived. Foreign institutional investors found encouragement in favorable Q1 outcomes and a stable rupee, suggesting that the market could maintain its strength with a slight upward trend. Strong domestic consumption is projected to support earnings growth through FY27. ...Less
- Vedanta Aluminium shares can rally up to 28%? Why Systematix initiated coverage on the stock
Vedanta Aluminium shares: Systematix Institutional Equities initiated coverage on Vedanta Aluminium with ...More
Vedanta Aluminium shares: Systematix Institutional Equities initiated coverage on Vedanta Aluminium with a Buy rating and a target price of Rs 598, implying 28% upside. The brokerage expects earnings growth to be driven by higher volumes, deeper backward integration and strong aluminium demand. ...Less
- FIIs dumped nearly Rs 1 lakh crore worth of these 10 stocks but 8 defied the selloff
Foreign investors sold nearly Rs 1 lakh crore from ten Indian stocks. Eight of these companies saw their ...More
Foreign investors sold nearly Rs 1 lakh crore from ten Indian stocks. Eight of these companies saw their stock prices increase despite the selling. Bajaj Finance led the gains with a twenty-five percent jump during the quarter. Strong earnings results helped most stocks defy the foreign selloff. FIIs turned net buyers in July after months of significant outflows. ...Less
- Escorts Kubota Q1 FY27 results: Net profit rises 4.4% to Rs 386 crore, revenue jumps 28%
In the June quarter, Escorts Kubota reported a notable 4.4 percent growth in net profit. The company enjo ...More
In the June quarter, Escorts Kubota reported a notable 4.4 percent growth in net profit. The company enjoyed a significant 28 percent increase in operational revenue, amounting to Rs 3,207.55 crore. Revenue from agri machinery rose by 27 percent while construction equipment sales jumped 39 percent. While elevated raw material costs pushed expenses higher, effective cost management strategies enabled continued growth for the firm. ...Less
- MCX shares fall 4% after Q1 profit falls 22% QoQ to Rs 413 crore. What should investors do?
Multi Commodity Exchange shares fell after reporting lower June quarter profit and revenue. Profit after ...More
Multi Commodity Exchange shares fell after reporting lower June quarter profit and revenue. Profit after tax declined twenty-two percent sequentially while revenue also dropped. However, profit surged one hundred three percent year-on-year with strong trading volumes. Operational milestones included significant growth in average daily turnover and active clients. MCX remains dominant domestically and a major global commodity derivatives exchange. ...Less
- Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week
BSE’s derivatives activity fell sharply in the first week of the Closing Auction Session, but higher prem ...More
BSE’s derivatives activity fell sharply in the first week of the Closing Auction Session, but higher premiums more than offset the decline in contracts. Premium per contract surged 74.8%, lifting average daily premium turnover 21.3% and pushing BSE’s market share to 37.1%, according to Nuvama Institutional Equities. ...Less
- Q1 earnings this week: SBI, Trent, Nykaa among 573 companies set to announce June quarter results
This week, 573 companies will announce their June quarter results, featuring prominent firms. Bharti Airt ...More
This week, 573 companies will announce their June quarter results, featuring prominent firms. Bharti Airtel and Nykaa are among those reporting earnings on Tuesday. Trent and Hero MotoCorp will release their quarterly figures on Thursday. State Bank of India and Titan Company are scheduled for Friday announcements. The earnings cycle concludes Saturday with Anant Raj's results. ...Less
- KEI Industries shares surge 7% after Q1FY27 profit jumps 40%, revenue rises 23%
Shares of KEI Industries rallied nearly 7% to Rs 5,363.20 on Tuesday following a 40% year-on-year jump in ...More
Shares of KEI Industries rallied nearly 7% to Rs 5,363.20 on Tuesday following a 40% year-on-year jump in Q1 FY27 net profit to Rs 274 crore. Revenue from operations rose 23% to Rs 3,185 crore, backed by strong domestic wires and cables demand. ...Less
- SBI sees broad-based credit growth, sticks to 14-15% FY27 loan growth guidance
State Bank of India expects credit growth to remain broad-based across segments. The bank retained its lo ...More
State Bank of India expects credit growth to remain broad-based across segments. The bank retained its loan growth guidance at fourteen to fifteen percent. It also anticipates mobilising around ten billion dollars in foreign-currency deposits. Net interest margin guidance remains at three percent for the financial year. Asset quality is not currently a concern due to El Nino conditions. ...Less
- 4 Vedanta Group stocks to see inflows worth $160 million in Nifty September rejig. What investors must know
Four newly demerged Vedanta entities could attract combined passive inflows of up to $159 million followi ...More
Four newly demerged Vedanta entities could attract combined passive inflows of up to $159 million following the NSE Indices’ September 2026 reshuffle, according to Nuvama Alternative and Quantitative Research. Vedanta Aluminium Metal is expected to receive the bulk of the inflows, while Vedanta Power and Vedanta Iron and Steel could each see around $3 million. ...Less
- Thangamayil share selloff continues: Stock drops 5% despite Rs 344 crore sales in first 3 days of August
Thangamayil Jewellery shares fell significantly despite robust August sales figures. The company reported ...More
Thangamayil Jewellery shares fell significantly despite robust August sales figures. The company reported strong sales during the auspicious Aadi Perukku festival. However, weak guidance and market uncertainties impacted investor sentiment negatively. Customers postponed purchases due to gold price expectations and geopolitical concerns. The company anticipates demand recovery in the latter half of the fiscal year. ...Less
- Offline shopping to be District’s second-largest business in three years: CEO Rahul Ganjoo
CEO Rahul Ganjoo told ET that while dining will remain District’s biggest category en route to a targeted ...More
CEO Rahul Ganjoo told ET that while dining will remain District’s biggest category en route to a targeted $3 billion net order value (NOV), the retail vertical is growing rapidly and could overtake movies. “Retail is growing really fast… our shopping vertical has real potential, to become one of the bigger ones (categories). I wouldn’t say as big as dining, but I’d almost bet it would become our second-biggest vertical within three years, based on the growth we’re seeing,” Ganjoo said. ...Less
- Dividend alert! Last day to buy HAL, HPCL, IOC among 40 stocks for dividends. How many do you own?
Under Sebi’s T+1 settlement cycle, investors need to purchase a company’s shares at least one trading day ...More
Under Sebi’s T+1 settlement cycle, investors need to purchase a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (August 14), making them eligible for the dividend. ...Less
- Godrej Consumer shares slide 4% after Q1 margin falls amid commodity inflation; Rs 5/share dividend declared
Godrej Consumer Products shares fell 4.3% after the FMCG major reported its June quarter results. Consoli ...More
Godrej Consumer Products shares fell 4.3% after the FMCG major reported its June quarter results. Consolidated net profit rose 12% year-on-year to Rs 505 crore, while revenue from operations increased 18% to Rs 4,225 crore. Despite healthy growth, the stock declined as investors reacted to the quarterly performance. ...Less
- Persistent Systems confident of bagging two more large deals; margins not a worry: CFO
Amid investor concerns over profit margins, Teredesai said there are "no worries at all" on this aspect a ...More
Amid investor concerns over profit margins, Teredesai said there are "no worries at all" on this aspect and the company will be able to maintain pre-tax margin at 16-17% as guided earlier despite the wage hikes from July, which alone can extract about a two percentage point impact. ...Less
- ITC shares gain 3% after Q1 results. Here’s why Nomura upgraded the stock to Buy
ITC share Price: ITC shares rose 2% after the FMCG major reported June-quarter results, despite a 27% YoY ...More
ITC share Price: ITC shares rose 2% after the FMCG major reported June-quarter results, despite a 27% YoY decline in standalone net profit. Revenue grew 28%, while Nomura upgraded the stock to Buy, citing an attractive risk-reward profile and potential recovery in cigarette profitability. ITC also warned that imported inflation, a weak monsoon, lower kharif sowing and West Asia tensions could pose near-term risks. ...Less
- ET Prime Special Series: Multibagger or IBC - Part 71: This small-cap auto supplier is trying to become a consumer brand again
The most interesting part of this old auto story is not nostalgia. It is how the company, after leaving t ...More
The most interesting part of this old auto story is not nostalgia. It is how the company, after leaving the consumer vehicle market, has rebuilt itself as an auto-component business that today serves domestic and overseas customers. That base is now being used to support a fresh EV push. But the transition has made the investment case complex. Not every capability within the wider EV ecosystem is owned by the listed company in the same way, while FY25 earnings were helped by non-operating income. The comeback to the B2C business has begun, but its economics are still being tested. ...Less
- Government approves introduction of one billion polymer banknotes of Rs 10 and 20
The government has approved polymer banknotes for field trials and regular issuance. Inflation has declin ...More
The government has approved polymer banknotes for field trials and regular issuance. Inflation has declined steadily, though recent pressures exist. The Goods and Services Tax Council introduced a two-rate structure for goods. Customs duty and excise duty reductions aim to contain price pressures. Disposable income increased, supporting household consumption and economic growth. ...Less