Abhinav Ranjan
Abhinav Ranjan
Notably, the management of DMart has indicated a store expansion target of around 15 per cent annually, implying approximately 75 new stores, which is below the market's expectation.
For the quarter ended on June 30, Varun Beverages said that its PAT increased by 15.1 per cent Y-o-Y to ₹1,525.3 crore, driven by strong volume growth in India and International territories.
Godfrey Phillips India's Q1 net profit fell 44 per cent to ₹198.39 crore, despite revenue growth. Steep tax increases were cited as the main reason for the decline in the profit.
Post Q1 results, MOFSL has maintained its 'Buy' rating on BEL stock and raised its target price to ₹530 from ₹510, implying an upside of around 30 per cent from the previous close of ₹407.
Bajaj Finance Q1 preview: Analysts expect the NBFC's earnings trajectory to be strong in Q1, driven by healthy disbursement momentum translating into robust AUM growth.
Analysts said that market sentiment has improved meaningfully over the weekend after the US and Iran paused military action, easing fears of an immediate supply disruption.
Post Q1 results, Emkay Research has retained a 'Buy' rating on SAIL and cut the target price to ₹190 from ₹200. The target implies an upside of 18 per cent from the previous close of ₹161.45.
IDFC First Bank share price today: For the first quarter, IDFC First Bank reported its highest-ever quarterly PAT of ₹1,075 crore, up 132.4 per cent Y-o-Y.
HUL Q1 earnings preview: Analysts expect Hindustan Unilever's revenue to increase by 7-10 per cent, on the back of 5-7 per cent volume growth. PAT may rise by 10 per cent in the first quarter.
Acutaas Chemicals is a leading global manufacturer of advanced pharmaceutical intermediates and speciality chemicals. Its shares have zoomed 180 per cent in the past one year.
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.