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.
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.
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.
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.
The optimism around Q1 earnings is shifting from large caps to midcaps. Following a five-week breather near the all-time high, the Midcap Index regained momentum, said ICICI Securities.
The BSE Healthcare hit a new high of 51,108 on Friday, rallying 3.7% in July. The index has surged 22% since April 2026.
Astra Microwave secured an order worth ₹2,205.20 crore from HAL for procuring 122 AAAU and 121 Interface Frames for the indigenous Uttam AESA Radar programme.
Auto stocks in demand: BSE Auto index rose 2 per cent, and quoted nearly its all-time high of 64,584 hit on January 1, 2026.
Going forward, recovery in project execution, margin improvement in the Industrial Infra segment, revival in export demand and sustained order inflows will remain the key monitorables, analysts said.
Technology stocks witnessed some profit-taking on Friday following a 19% rally in the Nifty IT index this July.
Technical analysts flag that Nifty ranged between 23,600-24,600 after the initial rally in FY27; however, select momentum indicators show improvement for the BSE, NSE benchmark indices on charts.
Among sectoral indices, the BSE IT surged 16% followed by Consumer Durables (9%), Realty (8%) and Auto (6%). On the flip side, Capital Goods and Power indices declined 7% and 6%, respectively.
Among others, Manappuram Finance, Marico, Radico Khaitan, Redington, Welspun Corp, Laurus Labs and Sai Life Sciences also touched respective all-time highs in trade on Thursday.
SML Mahindra's board on Wednesday approved the acquisition of the Mahindra Truck and Bus Division from parent Mahindra & Mahindra.
Analysts say that the high double-digit volume growth for the quarter was a positive surprise and reinforced the company's dominant position in the global off-highway segment.
Kalyan Jewellers share price hit a 52-week high of ₹634.20 after a gap of over 11 months, surpassing its previous record of ₹615.65 touched on August 8, 2025.
In the past year, the stock price of Knowledge Marine & Engineering Works skyrocketed 216 per cent, compared to 4.6 per cent decline in the BSE Sensex.
BSE stock has declined over 22% from its record high of ₹4,447 hit in May 2026; Q1 results on August 4. Tech analyst at SBI Securities says stock structure looks weak, flags key near hurdles on chart.
Laurus Labs quoted higher for the fourth straight day, surging 15% in this period after delivering record quarterly revenue with expanded profitability and continued portfolio transformation.
India's favourable demographics, rising disposable income, increasing urbanisation and growing preference for premium experiences present a compelling opportunity for the industry, says Radico Khaitan