Page 10 - Markets News

Stocks to Watch today: L&T, Asian Paints, Tata Capital, TMPV, ONGC, Netweb

Stocks to watch today: L&T, Asian Paints, Tata Capital, TMPV, ONGC, Netweb Technologies, Adani Enterprises, Adani Ports, Radico Khaitan, Pine Labs, among others, will be in focus today.

Software stocks in India are set to beat global chipmakers by record

The divergence suggests investors are growing weary of the AI-driven rally in chip stocks, while renewing interest in India's IT services firms after a years-long slump

L&T Q1 results: Profit beats estimates, jumps 14% on higher income

Revenue increased 6.7 per cent to ₹67,942 crore and the order book reached ₹7.79 trillion, though Ebitda declined 3.2 per cent and margin narrowed

NTPC well placed to benefit from steady power demand, expansion plans

Higher plant load factors, expanding regulated equity and an ambitious capacity addition plan leave NTPC well positioned to benefit from steady growth in power demand

DMart share price crashes 7%: What's weighing on this RK Damani stock?

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.

Varun Beverages falls 8% post Q2 results; margin contraction hits sentiment

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 shares tumble 7% after Q1 profit tanks 44% on tax hike

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.

BEL dips 4% on Q1 margin miss; Street sees up to 30% upside in PSU stock

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: PAT may rise 26%, NII 22% on healthy AUM growth

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.

Stocks to Watch today: BEL, Coal India, HDFC Bank, BoB, Tata Power, IndiGo

Stocks to Watch today: BEL, Coal India, L&T, HUL, Bank of Baroda, Tata Power, IndiGo, Tata Chemicals, HDFC Bank, Godfrey Phillips, Tata Motors PV, Indus Towers, among others, will be in focus today.

Tata Group FY26 revenue climbs 7.8% to ₹16.24 trn, net profit at ₹1.71 trn

Tata Group's revenue at the aggregate level grew by 7.8 per cent to Rs 16,24,030 crore in FY26, while profit after tax grew 51.9 per cent to Rs 1,70,525 crore, according to its chief N Chandrasekaran. In his address to shareholders in the annual report 2025-26 of Tata Sons, the principal investment holding firm of the Tata Group companies, Chandrasekaran said, "2026 has been a year defined by geopolitical conflicts and the unprecedented global AI investment cycle". For the Tata Group, (FY)2026 overall has been a good year in terms of financial metrics, he noted. "Tata Sons' revenue grew by 9.1 per cent to Rs 42,367 crore in FY26, while profits (after tax) grew 21.8 per cent to Rs 31,961 crore," Chandrasekaran said, adding the board of Tata Sons has recommended a final dividend of Rs 1,10,717 per share, subject to shareholders' approval. He further said, "At the aggregate level, the revenue of the Tata Group grew by 7.8 per cent to Rs 16,24,030 crore in FY26, while profits (after ta

CIL's Q1 profit remains flat; higher costs weigh on operating margins

State-owned miner reports flat quarterly profit as higher operating costs offset revenue growth, while coal offtake rises on inventory liquidation

MV Electrosystems' ₹290cr IPO to open on Jul 30; price band at ₹400-425

MV Electrosystems on Monday fixed a price band of Rs 400 to Rs 425 per share for its Rs 290-crore upcoming initial public offering (IPO). At the upper end of the price band, the company's market valuation is estimated at Rs 1,160 crore post-listing. The company's maiden public offering, which is entirely a fresh issue of shares with no offer for sale (OFS) component, will open for subscription on July 30 and close on August 3, according to its statement. Proceeds from the fresh issue will support long-term working capital requirements, fund investment in research, design and development activities for new power electronic equipment, and cover general corporate purposes. MV Electrosystems is a technology-driven company engaged in designing, developing, assembling, and manufacturing electrical & power electronics equipment used in railway rolling stock. This equipment includes advanced propulsion systems for electric locomotives,and switchgear panels for railway coaches. The issue

Hudco Q1 profit zooms 35% to ₹851 crore; declares interim dividend

Housing and Urban Development Corporation Ltd (Hudco) on Monday reported a 35 per cent jump in net profit to Rs 851 crore in the first quarter ended June 2026. The state-owned company had earned a net profit of Rs 630 crore in the year-ago period. The company's total income rose to Rs 3,737 crore in the first quarter of this fiscal year from Rs 2,945 crore in the corresponding period of the preceding year, Hudco said in a regulatory filing. Hudco is a premier techno-financing public sector enterprise in the field of housing and infrastructure development. The company earned an interest income of Rs 3,710 crore during the quarter under review as against Rs 2,925 crore in the April-June quarter of the previous financial year. During the reporting quarter, the expenses also rose to Rs 2,561 crore against Rs 1,976 crore in the same period a year ago. The company has declared the first interim dividend of Rs 1.25 per equity share, which is 12.50 per cent on the face value of Rs 10 eac

Market Close: Sensex snaps 5-day losing streak, jumps 776pts as Brent dips below $90; Nifty at 23996

Sensex Today | Stock Market Highlights, Monday: The Nifty50 and the Sensex halted their longest losing streak since January 9 as crude oil prices declined

Oil crash sparks ₹5-trn rally: Sensex up 800 pts intraday, Nifty tops 24k

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.

IDFC First Bank jumps 9% to hit 52-wk high as Q1 PAT doubles; time to buy?

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 preview: PAT may rise by 10%; volume growth to aid topline

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.

Stocks to Watch today: BEL, IDFC First Bank, BoB, Coal India, AU SFB, SAIL

Stocks to watch today: BEL, IDFC First Bank, BoB, Coal India, AU Small Finance Bank, SAIL, Maruti Suzuki, Tata Power, Allied Blenders, Jindal Steel, NTPC, ONGC and more will be focus today.

Higher premium mix to lift United Spirits' growth despite policy headwinds

Policy changes weigh on popular segment, but Street stays positive on demand recovery and improving mix