The successful closure of the inspection further strengthens Strides' regulatory track record and reinforces the company's commitment to supplying high-quality pharma products to patients across globe
Avadh Sugar & Energy and Bajaj Hindustan gained over 6 per cent. Meanwhile, Dwarikesh Sugar Industries, Shree Renuka Sugars, Dhampur Sugar Mills gained up to 5 per cent on NSE in intra-day deals.
Sensex Today | Stock Market LIVE Updates Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.56 per cent and 0.92 per cent, respectively
The proposed changes include lower collateral requirements in cash equities and measures to encourage longer-dated derivatives as foreign ownership hits a 17-year low
Investors should not extrapolate this 20 per cent growth rate. By Q4, the base effect will kick in, and revenue growth could normalize back to single digits.
Despite a beat of this size, we have cut FY27 Nifty EPS by 0.4 per cent and raised FY28 by 0.3 per cent. A quarter this good produced no upgrade cycle.
Favourable base, stronger domestic activity, government capex and operating leverage were seen aiding the SMIDs' Q1 FY27 results.
Revenue growth at 17 per cent (excluding oil & gas, metals, and financials) reached a 12-quarter high, though this was offset by margin compression of 122 bps.
Analysts highlighted improving rural demand, premiumisation and a gradual recovery in consumption as key positives.
Stocks to watch: HDFC Bank, Hyundai Motor India, BSE, IDFC First Bank, SpiceJet, Kolte-Patil Developers, Escorts Kubota, HDFC Life, Oil India, among others, will be in focus today.
Analysts believe that such high topline growth may be sustainable in the forthcoming quarter as demand continues to be strong.
Given the prevailing combination of elevated crude prices, geopolitical uncertainty and weak market momentum, we recommend maintaining a cautious, stock-specific approach.
IT Q1FY27 review: As per MOFSL, revenue growth in Q1 was led by Tier-2 pack IT services companies. Tier-1 players grew 0.4 per cent Q-o-Q CC, while Tier-2 players outperformed with 1.8 per cent growth
While Nifty may be struggling to make new highs, history, analysts said, suggests such extended periods of failing to cross the previous day's high have often been followed by a meaningful upside.
₹3.67 crore to be impounded
Folios with up to ₹1,000 monthly inflows fell 1.4 mn in FY26; larger accounts grew
Elevated crude prices amid West Asia tensions could boost ONGC and Oil India earnings, with the latter offering greater upside on stronger production growth
India's export diversification cushions the impact of the West Asia war, with merchandise exports rising nearly 10% despite a sharp fall in shipments to the region.
HDFC Bank, ITC, HUL shares decline over 1 %
Improving Domino's India demand, strong growth at Popeyes and better execution are expected to support revenue growth and margin recovery in the September quarter