Abhinav Ranjan
Abhinav Ranjan
Motilal Oswal Financial Services has reported a consolidated net profit of ₹1,273.7 crore in Q1 of FY27 as against a loss of ₹219 crore in Q4FY26. On a Y-o-Y basis, the profit was up 25%.
VK Vijayakumar of Geojit Investments said that the attack on Saudi tankers by the Iran-backed Houthis in the Red Sea is the main reason for the recent sharp spike in oil prices.
Umeshkumar Mehta of SAMCO Mutual Fund has called for a review of overseas investment limits, saying this will allow Indian investors to play global themes such as AI, semiconductors and biotechnology.
For the April-June quarter of FY2027, Tanla Platforms has reported a 20.1 per cent Y-o-Y increase in its profit at ₹142.16 crore. Its revenue grew by 17.8 per cent Y-o-Y to ₹1,226 crore in the quarter
IndusInd Bank has posted a 72 per cent jump in its consolidated profit to ₹1,037.05 crore for Q1, and guided towards a stronger profit show going ahead.
Lohia Corp IPO review: Analysts have shared constructing view on the Lohia Corp IPO, with a 'Subscribe' rating for the long term.
The board of HFCL Ltd has approved an investment of ₹215 crore to set up an advanced AI data centre.
Nestle India said that all four product groups delivered strong double-digit growth in Q1FY27, supported by high double-digit growth across channels.
Today's buying activity was buoyed by M&M Financial Services' strong Q1FY27 numbers, with consolidated net profit rising 75 per cent Y-o-Y to ₹927 crore, aided by higher NIMs and lower provisions.
Infosys Q1 results expectations: Brokerages expect Infosys to maintain its guidance range of 2-3.5 per cent Y-o-Y CC growth for FY27E.
In the two sessions, post announcement of its Q1 results on Saturday (July 18), HDFC Bank shares have lost nearly 7 per cent. The sharp decline has erased around ₹80,000 crore from its market cap.
Tata Consumer Products Q1 result preview: Brokerages expect 11-12 per cent revenue growth in the quarter under preview, driven by strong volume growth in beverages, salt and international tea business
As per brokerage estimates, Nestle India's revenue is expected to grow 12-18 per cent Y-o-Y, driven by healthy double-digit volume growth, while net profit could increase by up to 34 per cent Y-o-Y.
Post Q1 results, JM Financial has upgraded YES Bank to 'Reduce' from 'Sell', citing a gradual improvement in underlying fundamentals.
Axis Bank share price fell 5% after Q1FY27 results, as margin pressure and higher credit costs weighed on Street sentiment.
The 30-share BSE Sensex surged 1,096 points or 1.42 per cent to make an intraday high of 78,281 on Friday. The 50-share NSE Nifty made a high of 24,367, up 295 points or 1.2 per cent.
According to NSE data, several institutional investors bought shares of Laser Power & Infra through open-market transactions after its listing on Thursday.
Wipro's net profit in the first quarter rose less than a per cent to ₹3,325 crore, compared to a year earlier even as revenue rose 10.6 per cent to ₹24,480 crore.
Today's rally came after Abakkus Investment Managers Pvt Ltd, owned by ace investor Sunil Singhania, acquired 29,39,588 shares of Mrs Bectors Food Specialities through a bulk deal.
HDFC AMC has reported 12% Y-o-Y growth in consolidated PAT at ₹837.13 crore for Q1. Its revenue from operations grew by 13.6% Y-o-Y to ₹1,099.72 crore, while AUM stood at ₹9.35 trillion.