Page 2 - Industry Report

Big orders mask small deal squeeze at Indian IT services companies

Large contracts are supporting deal values at Indian IT firms, but weaker discretionary spending and AI-led pricing pressure are squeezing the flow of smaller projects

Defence index hits new high; Midhani, HAL, BEML rally up to 5%; here's why

Nifty India Defence index hit a new high of 9,912.75, gaining 1% in Monday's intra-day deals. The index quoted higher for the fourth straight trading day.

Real estate sales soften on fewer launches and high base in Q1FY27

Analysts, however, said the quarter's performance did not point to a structural weakening in housing demand, with customer response remaining healthy for projects launched during the quarter

Consumer durable stocks in demand: LG India, Bata, Voltas rally up to 10%

In the past three months, the Nifty Consumer Durable index surged 15 per cent, against a 2.7 per cent rise in the Nifty 50.

H-1B costs soar, prompting Indian IT companies to rethink US hiring

Indian firms cut fresh visa registrations as extensions, transfers, and local hiring gain ground

Nifty Metal tanks 3% in two days on profit-taking; NALCO, SAIL top losers

Analysts say the decline in metal stocks is mainly due to profit-taking by investors. The index is up 15 per cent year-to-date (YTD).

Festival stocking lifts July auto wholesale dispatches; 2W exports jump 28%

Passenger vehicles, two-wheelers and three-wheelers posted double-digit growth in July, while two-wheeler exports rose 27.7 per cent as the auto industry entered the festive season

Sugar stocks rally up to 7%; Dalmia Bharat, Dhampur, Avadh hit 52-wk highs

Balrampur Chini Mills, Triveni Engineering Industries, Dwarikesh Sugar Industries and Shree Renuka Sugars were up in the range of 3 per cent to 5 per cent in Thursday's intra-day trade.

India's defence sector reaches an inflexion point as private firms rise

Defence production has risen 140% since FY17, while private-sector output has grown 198%, as policy reforms increasingly open strategic programmes to industry.

Nifty PSU Bank index surges 2% in weak market; PNB, UBI gain up to 5%

At 11:31 AM on Wednesday, the Nifty PSU Bank index was the top gainer among sectoral indices up 1.6 per cent, as compared to a 0.74 per cent decline in the Nifty 50.

Oil-and-gas PSUs see first Q1 capex decline in at least five years

Combined capital expenditure by 12 oil and gas PSUs fell 3.8 per cent to Rs 27,161 crore in Q1FY27, led by sharp declines at ONGC and Indian Oil, though experts see the dip as temporary

FMCG to automobiles: India Inc counting the cost of West Asia conflict

While several firms have responded with calibrated price increases to protect margins, many signalled that further price escalations could follow

Global tablet shipments fall 10% in Q2 as supply pressures weigh: Omdia

Component shortages and rising prices hit tablet demand in Q2, with vendors prioritising premium devices as global shipments fell 10 per cent year-on-year

Britannia, HUL, M&M: UBS picks stocks to play the rural recovery theme

Shriram Finance (up 28 per cent), Eicher Motors (up 22 per cent), Cholamandalam Financial Holdings (up 19 per cent) and M&M (up 19 per cent) have outperformed Nifty 50 this far in FY27, data shows.

Jewellery stocks in focus: Titan hits new high, Sky Gold up 14%; here's why

India has a strong opportunity to emerge as a global hub for design-led jewellery manufacturing, supported by its manufacturing capabilities, craftsmanship and more FTAs, says Senco Gold.

Cement firms post healthy Q1 volume growth, but costs pressure margins

Leading cement makers recorded 7-8 per cent volume growth in Q1FY27, but higher fuel, packaging and other input costs offset price gains and weighed on profitability

QSR stocks: Travel Food, Restaurant Brands rally up to 10%, hit 52-wk highs

Devyani International, Sapphire Foods India, Jubilant FoodWorks were up 2-7% in Friday's trade.

Nifty IT index snaps 3-day losing streak, jumps 2% led by TCS, HCL Tech

IT stocks in demand: Tata Consultancy Services (TCS), Tech Mahindra, LTM, HCL Technologies and Mphasis gain 3 per cent each in intra-day deals on Friday.

Defence stocks add ₹2.5-trn in m-cap in June quarter; more headroom left?

Analysts said that defence sector's long-term outlook remains constructive, supported by robust order books that provide multi-year revenue visibility.

NBFCs can extend term loans, not revolving credit products: RBI draft norms

The RBI has proposed restricting NBFCs to term loans and barring revolving credit products, except for those authorised to issue credit cards