Page 9 - Markets News

Waaree Energies share price slides 6% as Q1 fails to impress Street

Waaree Energies share price: Post Q1 results, JM Financial has reiterated an 'Add' rating with an unchanged target price of ₹3,296.

Lohia Corp lists at 8% premium, beats GMP expectations; should you buy?

Analysts said long-term investors may consider holding Lohia Corp shares post listing, citing its strong market leadership and favourable industry dynamics that could drive sustained value creation.

Syngene International tumbles 9%, hits 52-week low after posting loss in Q1

Syngene International has reported a consolidated net loss of ₹9 crore in Q1 FY27, as against a net profit of ₹86.7 crore in the corresponding quarter previous fiscal.

Stocks to Watch today: Bajaj Finance, Vedanta, Tata Steel, Dabur, PNB, RCF

Stocks to watch today: Bajaj Finance, Vedanta Ltd, Tata Steel, Bajaj Housing Finance, Dabur India, PNB, RCF, IRFC, Torrent Pharma, Vedanta Power, Waaree Energies, among others, will be in focus today.

Global AI selloff lifts Indian markets; Nifty sees best day in over 6 weeks

Correction in South Korean tech stocks led to Kospi falling for a 2nd straight session

Cognizant Q2 profit dips 1.4%; lowers upper end of annual growth guidance

Revenue rises 4.5% as IT major outpaces most Indian peers, but trims FY27 guidance amid macro uncertainty and weak discretionary spending

ArcelorMittal's subsidiary leases 82k sq ft office space in Hyderabad

The subsidiary expands its Hyderabad footprint with a new lease in the Financial District, taking its total office space in the building to around 1.65 lakh sq ft

Stock Market Close: Sensex surges 889 pts, Nifty ends at 24,250 ahead of FOMC meet outcome

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.82 per cent and 1.48 per cent higher, respectively

Indo-MIM, Xtranet, Lohia Corp: Which IPO listing could offer solid gains?

Shares of Indo-MIM, Xtranet Technologies, and Lohia Corp are set to debut on the bourses on Thursday (July 30) at 10 AM. The latest GMP indicates a positive listing for all three mainboard IPOs.

SML Mahindra zooms 20% on acquisition of Mahindra Truck & Bus Division

SML Mahindra has a strong heritage and pan-India presence in the trucks & buses segment. The company has a market capitalisation of more than ₹6,600 crore.

Phoenix Mills shares fall 6% after Q1 miss; Nomura sees 16% downside

Post Q1 results, Nomura has maintained its 'Neutral' stance on Phoenix Mills, saying the Q1 earnings came softer than expectations. It has kept the target price unchanged at ₹1,700

ITC Q1 preview: Analysts see 10-13% Y-o-Y dip in revenue, PAT

ITC Q1 results preview: Analysts expect a double-digit decline in both revenue and profit as steep tax hikes on cigarettes could weigh on volumes and margins.

Tata Capital up 6% post Q1; MOFSL backs AUM-led growth, sees 10% upside

Tata Capital share price target: Post quarterly results, Motilal Oswal Financial Services has shared a constructive view on Tata Capital and reiterated its 'Neutral' stance with a target price of ₹390

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.