Page 6 - Markets

Welspun Living zooms 78% from March low; hits 52-week high; here's why

Welspun Living said FY27 has commenced on a strong footing, with consolidated revenue in Q1 growing 23.5 per cent Y-o-Y to ₹2,828 crore and Ebitda margins expanding to 12.5 per cent, up 140 bps Y-o-Y.

Turtlemint shares up 5% as Jefferies turns bullish on POSP growth outlook

Jefferies initiated coverage on Turtlemint Fintech Solutions with a 'Buy' rating and a target price of ₹190. The target implies a 37 per cent upside from the stock's previous close of ₹138.92.

Sugar stocks: Avadh Sugar, Bajaj Hind gain over 6% on duty-free import plan

Avadh Sugar & Energy and Bajaj Hindustan gained over 6 per cent. Meanwhile, Dwarikesh Sugar Industries, Shree Renuka Sugars, Dhampur Sugar Mills gained up to 5 per cent on NSE in intra-day deals.

Consumer durables, financial shine most in Q1; growth could normalise by Q4

Investors should not extrapolate this 20 per cent growth rate. By Q4, the base effect will kick in, and revenue growth could normalize back to single digits.

Strip out oil, and the June quarter's earnings story inverts: JM Financial

Despite a beat of this size, we have cut FY27 Nifty EPS by 0.4 per cent and raised FY28 by 0.3 per cent. A quarter this good produced no upgrade cycle.

Q1 outliers: 26 Nifty 500 stocks post over 50% PAT, revenue growth

Favourable base, stronger domestic activity, government capex and operating leverage were seen aiding the SMIDs' Q1 FY27 results.

Q1 earnings beat estimates; Nomura explains what could sustain momentum

Revenue growth at 17 per cent (excluding oil & gas, metals, and financials) reached a 12-quarter high, though this was offset by margin compression of 122 bps.

Stocks to watch: HDFC Bank, Hyundai Motor, BSE, IDFC First Bank, SpiceJet

Stocks to watch: HDFC Bank, Hyundai Motor India, BSE, IDFC First Bank, SpiceJet, Kolte-Patil Developers, Escorts Kubota, HDFC Life, Oil India, among others, will be in focus today.

Q1 earnings deliver positive surprise; has market priced in this optimism?

Analysts believe that such high topline growth may be sustainable in the forthcoming quarter as demand continues to be strong.

Adopt cautious stance, says Ajit Mishra; shares 3 stock ideas for near term

Given the prevailing combination of elevated crude prices, geopolitical uncertainty and weak market momentum, we recommend maintaining a cautious, stock-specific approach.

IT sector Q1FY27 review: Tier-2 firms lead revenue growth amid soft demand

IT Q1FY27 review: As per MOFSL, revenue growth in Q1 was led by Tier-2 pack IT services companies. Tier-1 players grew 0.4 per cent Q-o-Q CC, while Tier-2 players outperformed with 1.8 per cent growth

Why Gaja Alternative IPO stands out among three ongoing public offers

For Gaja Alternative Asset Management, Ventura recommends an 'Apply' for investors with a three-year or longer investment horizon.

Shiprocket shares make a solid debut, list at 35% premium over IPO price

Shares of Shiprocket listed at ₹131 on the NSE, a premium of ₹34, or 35.05 per cent, over the issue price of ₹97 per share. On the BSE, the stock debuted at ₹129, up ₹32, or 33.5 per cent

Stock Market Close: Sensex drops 326 pts; Nifty ends at 24,078, extends losing streak to 7th day

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.21 per cent and 0.51 per cent, respectively

AMC stocks ICICI Prudential, NAM India surge up to 5% in weak market

According to MOFSL, ICICI AMC continues to strengthen its leadership position across active MFs while steadily expanding its presence in high-growth segments such as passives, SIFs, and alternatives.

How Jio-BoFA deal signals growing push to tap underserved MSME sector

Analysts say the opportunity is not about a broad NBFC boom, but about lenders that can build a strong position in borrower segments that traditional banks still largely underserve.

BSE, MCX, CDSL: How to trade exchange-related stocks? Analyst view here

Hitesh Rathi, Technical Analyst at Angel One reckons that BSE and MCX have witnessed a notable correction in recent months, and the charts now hint at presence of strong support at these counters.

Aster DM block deal: 65.6mn shares change hands; stock up 8% from day's low

Aster DM Quality Care was formed by the merger of Aster DM Healthcare and Quality Care India Limited (QCIL). The merger brought together four healthcare brands.

Lalithaa Jewellery vs Horizon IPO: Analysts decode better bet for investors

Lalithaa Jewellery Mart's ₹1,700 crore IPO opened for subscription on August 17 and will conclude on August 19.

FY27 to be challenging for PSU banks, limited room for upside: Seshadri Sen

With limited RoA levers left and a risk of credit costs normalising, we see limited room for further upside in PSU bank stocks, said Seshadri Sen of Emkay Global.