Page 4 - The Smart Investor News

Swiggy slumps 15% to new low as Q2 below expectations, analysts cut targets

Analysts said that Swiggy is growing slower than Eternal now on both food delivery and quick commerce.

Tonbo Imaging shares make strong debut, list at 66% premium over IPO price

On the BSE, the stock listed at ₹1,162, a premium of 66 per cent, while on the NSE, the stock made its debut at ₹1,160, a premium of 65.71 per cent.

Havells India gains nearly 2% after Q2 results; brokerages split on outlook

The company reported a 9.72 per cent year-on-year increase in consolidated net profit to ₹349.22 crore in the September quarter of FY27, helped by revenue growth.

HDFC Bank stock dips 2% on huge volume; trades lower for third straight day

According to reports, HDFC Bank initiated an internal review into the alleged sharing of confidential information with outsiders by two senior executives.

India Cements surges 22% in two days on heavy volume in weak market

Share price of India Cements soared 9% to ₹359 on the BSE with a combined 35.96 million shares representing 11.6% of the company's total equity changing hands on the NSE and BSE on Thursday.

Swiggy slips 26% in 1 month, hits record low; stock down 46% from IPO price

Foreign portfolio investors reduced their holdings in Swiggy to 8.55% in the September 2026 quarter, down from 13.96% at the end of the June 2026 quarter, the shareholding pattern shows.

SRF extends slide to 5th day, falls 5% to hit 52-wk low on Q2 margin miss

Today's selling in SRF was seen despite the company reporting a 31 per cent Y-o-Y increase in consolidated net profit to ₹509.12 crore for the quarter ended September.

Q2 result impact: IGIL shares hit 10% upper circuit; PAT up 43% to ₹185 cr

For the September quarter, IGIL reported a consolidated PAT of ₹185.8 crore, up 43 per cent Y-o-Y, on healthy demand and strong operational execution.

KEI Industries share price plunges 10%, nears 52-week low; here's why

KEI's Q2FY27 EBITDA was in line with estimates, although the EPC business reported a loss during the quarter and C&W margins were below estimates, said analysts at Motilal Oswal.

Mahindra Finance tanks 10%, hits 52-week low despite 55% surge in Q2 profit

Mahindra Finance's share price hit a 52-week low of ₹268 on the NSE in Thursday's trading session despite reporting 55% surge in Q2 standalone profit to ₹882 crore.

Indian Hotels gains 3% as analysts raise earnings estimates, target post Q2

Indian Hotels' Q2 consolidated profit rose 23 per cent to ₹349 crore, while its revenue saw a 21 per cent year-on-year (YoY) growth to ₹2,566 crore.

Multibagger penny stock: PC Jeweller zooms 9% post Q2 nos, debt-free status

PC Jeweller has announced plans to roll out up to 100 large-format showrooms across Tier I, Tier II and Tier III cities over the next 12-18 months.

Eternal shares defy market fall after Q2 results; brokerages remain bullish

The net profit of Eternal for the second quarter of financial year 2026-27 (Q2FY27) rose 92 per cent year-on-year (Y-o-Y) to ₹125 crore, compared to ₹65 crore in Q2FY26.

Nifty India Defence index slips 3%; Unimech, Axiscades, Dynamatic tank 7%

Apollo Micro, MTAR Tech, Sigma Advanced, Paras Defence, Astra Microwave, Zen Technologies, BEML, MIDHANI, Solar Industries and Data Patterns were down in the range of 4 per cent to 6 per cent.

Just Dial share price slides 6% as Q2 profit falls 10%, margins contract

For Q2FY27, Just Dial reported a 9.73 per cent Y-o-Y decline in its consolidated net profit to ₹107.8 crore, and Ebitda margin contracted 228bps to 26.4 per cent.

UltraTech up 3% post Q2; Jefferies says cement price recovery key catalyst

UltraTech Cement's consolidated net profit attributable to owners of the parent rose 21.3 per cent year-on-year to ₹1,493.77 crore in the quarter ended September 30, 2026, from ₹1,231.58 crore.

Nifty IT index hits 8-month high; LTTS zooms 15% on Wednesday; here's why

Thus far in October, the Nifty IT index has rallied 16% as TCS, Tech Mahindra, Wipro, Infosys and Mphasis surged in the range of 18-23% amid Q2 earnings cheer.

Bajaj Finance down 3% post Q2; analysts stay bullish on asset quality gains

Bajaj Finance reported a 29 per cent year-on-year (YoY) rise in consolidated net profit to ₹6,367 crore for the July-September quarter of FY27.

Union Bank shares jump 5% as Q2 PAT rises 30% YoY, asset quality improves

So far this year, Union Bank of India's stock has risen 17 per cent, and 32 per cent in a year.

Laurus Labs zooms 128% from March low; hits new high in weak market

Laurus Labs Q2 outlook: On the EBITDA front, analysts at Kotak Institutional Equities build in 67% YoY growth to ₹680 crore in Q2FY27 with EBITDA margin expansion of 680 bps to 31.2%.