Markets News

Recovery in UK/EU, higher volumes could drive upgrades for Tata Steel

India volumes are set to recover as maintenance ends, while improving UK and European operations and a richer value-added product mix could support earnings and valuations.

New system to determine closing share prices off to a rocky start

The new closing auction mechanism for F&O stocks led to an unusually wide gap between Sensex and Nifty, with market participants citing auction dynamics and liquidity

After sharp stock rally, valuation hurdles may cap Divi's returns

Strong custom synthesis growth, peptide opportunities and higher earnings estimates support Divi's outlook, but elevated valuations could restrict further stock upside

PhonePe Daily SIP base crosses 500,000; CAMS profit jumps 17.6% to ₹127 cr

PhonePe said 77% of Daily SIP users are from B30 cities, while CAMS reported record mutual fund AUM and double-digit growth in profit and revenue

Prasanta Mahapatra assumes charge as Sebi's Executive Director

Mahapatra, who joined Sebi in April 1999, has handled diverse responsibilities across several departments during his over 27-year stint with the regulator

ITC jumps 4% post Q1 results; is the worst over? Here's what brokerages say

ITC Q1 results: ITC's cigarette business volume declined of 4-5% in Q1FY27, lesser than the Street expectation of 8-10% dip, believe analysts at ICICI Securities.

Stock Market Close: Sensex ends 544 pts up; Nifty jumps to 391 post new closing auction session

Sensex Today | Stock Market Highlights, Monday: In the broader markets, both the Nifty MidCap and the Nifty SmallCap settled 1.21 per cent and 1.29 per cent higher, respectively

Small-cap chemical stock NOCIL surges 12% after Q1 profit zooms 61% Y-o-Y

So far this year, the chemical stock has gained 15.53 per cent and outperformed the BSE Sensex, which is down over 7 per cent during the same period.

MobiKwik share price jumps 8% as fintech swings to profit in Q1FY27

In an exchange filing, MobiKwik said that it has posted a net profit of ₹7.6 crore in Q1, compared with a net loss of ₹419.2 crore in the year-ago period.

Paytm hits over 4-year high; stock zooms 52% from March low

Paytm reported a 79% YoY jump in Q1 net profit at ₹220 crore backed by 27.6% growth in revenue from operations. The management expects FY27 revenue growth to exceed the 22% delivered in FY26.

MV Electrosystems IPO booked 101x so far, GMP at 26%: Last chance to apply

MV Electrosystems IPO GMP today is ₹112 apiece. This means that shares of MV Electrosystems are trading ₹537, up 26 per cent over the offer price.

Nifty PSU Bank index up 2%; analysts see more upside ahead of RBI MPC

Broad-based buying across PSU bank stocks lifted the Nifty PSU Bank index, with analysts attributing the rally to improving fundamentals, attractive valuations, and expectations of healthy Q1 earnings

Bharti Airtel Q1 preview: Analysts see 15% revenue growth; ARPU may rise 2%

Bharti Airtel Q1 preview: For Q1FY27, brokerages anticipate Bharti Airtel to report healthy revenue and profit growth, driven by steady subscriber additions, improving ARPU and a resilient Africa busi

LTM soars 8%, hits over 3-month high on huge volumes; surges 26% in 1 month

The stock price of LTM hit high of ₹4,715.50 in Monday's intra-day deals, its highest level since April 22, 2026. The stock has bounced back 34% from its 52-week low hit on June 30, 2026.

Time ripe for India to outperform Emerging Asia & EM: Dinshaw Irani, Helios India

It is best for the investors miss the India IT pack bus as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, Irani said.

OMCs drag India Inc earnings. What would Q1 have looked like without them?

Elevated crude prices against the backdrop of the West Asia crisis remained the key factor that roiled the OMCs' Q1 earnings performance.

Divi's Labs rallies 5% on strong Q1; surpasses Eicher, Hindalco in mcap

In the past month, Divi's Labs outperformed the market by soaring 25 per cent, as against a 1.2 per cent rise in the BSE Sensex.

Muthoot Finance crashes 14% post Q1; analysts flag margin pressure

Muthoot Finance reported a 43 per cent increase in its consolidated profit to ₹2,825 crore for the first quarter ended June 2026.

GAIL shares fall 5% despite Q1 profit doubling; is it a buying opportunity?

GAIL has reported nearly doubling of net profit in Q1, as a sharp jump in earnings from its gas marketing business more than offset continued losses in the petrochemicals segment.

This hotel Q1 profit soared 460%; stock hit new high, up 11% in two days

Leela Palaces Hotels share price hit a life-time high of ₹518 in Monday's trade, after reporting a 460% surge in Q1FY27 net profit. JM Financial and Choice Broking raised the target price on stock.