Share price of Gabriel India hit an all-time high of ₹1,453.60, surging 9% on the BSE in Monday's intra-day trade in an otherwise weak market.
Post Q1 results, JM Financial has upgraded YES Bank to 'Reduce' from 'Sell', citing a gradual improvement in underlying fundamentals.
Reliance stock has decisively crossed the 20-day EMA, and is seen hovering around the 200-week EMA, highlights Sudeep Shah, technical & derivative analyst at SBI Securities.
Tatva Chintan Pharma: The stock price of the specialty chemicals hit a 52-week high of ₹1,714.10, and rallied 43% thus far in July.
Brokerages expect Bajaj Auto to report strong Q1FY27 revenue growth, driven by volume expansion, export momentum, currency tailwinds, and a better product mix
HDFC Bank and Axis Bank were down 5 per cent each, while Yes Bank and Kotak Mahindra Bank from the Nifty Bank index were down 4 per cent each in intra-day deals on Monday.
Post results, brokerage firm Motilal Oswal Financial Services has reiterated its 'Neutral' stance on Axis Bank with a target price of ₹1,500.
ICICI Bank share price jumped 2.5 per cent in early trade on Monday after better-than-expected Q1 results. Brokerages see up to 25 per cent upside for the stock.
Reliance Industries reported better-than-expected earnings for the April-June quarter (Q1FY27), aided by stronger revenue and margins in its oil-to-chemicals (O2C) and digital services businesses
Q1FY27 company results: Firms including Indian Overseas Bank, Sobha, Mahindra Logistics, Canara HSBC Life Insurance Company, and Rallis India are also to release their April-June earnings today
Early Q1FY27 results show corporate profit growth at an 11-quarter high, led by banks, Reliance Industries, IT services and metal companies
Quarterly results, geopolitical developments in West Asia, crude oil prices, monsoon progress and foreign investor activity are expected to drive market sentiment this week
Punjab National Bank's June-quarter profit jumped 214% on a favourable base, but net interest margin stayed below FY27 guidance despite improving asset quality and steady loan growth
Public sector lender Punjab & Sind Bank on Saturday reported a 23 per cent rise in net profit to Rs 331 crore during the June quarter, aided by improvement in core income and decline in bad debts. The lender had earned a net profit of Rs 269 crore in the same quarter of the previous fiscal year. The total income increased to Rs 3,546 crore during the June quarter from Rs 3,379 crore in the same quarter of the previous fiscal year, Punjab & Sind Bank said in a regulatory filing. Interest earned by the bank improved to Rs 3,213 crore compared to Rs 2,911 crore in the June quarter of FY26. The bank's net interest income also increased 15 per cent to Rs 1,038 crore from Rs 900 crore in the same quarter in the previous financial year. Net interest margin was at 2.53 per cent at the end of the quarter under review. During the period, the operating profit of the bank increased marginally to Rs 545 crore compared to Rs 540 crore a year ago. The bank's asset quality showed improvement .
Net interest income grows 12.7 per cent, provisions fall 31 per cent and gross NPAs improve as advances rise nearly 20 per cent year-on-year
Axis Bank's June-quarter profit rose on lower provisions and an 8 per cent increase in net interest income, even as margins narrowed and bad loans edged higher
IDBI Bank on Saturday reported a 5 per cent rise in net profit at Rs 2,115 crore for the first quarter of the current financial year. The LIC-controlled bank had earned a net profit of Rs 2,007 crore in the same quarter of the previous fiscal year. Total income rose to Rs 8,573 crore during the June quarter of 2026-27, from Rs 8,458 crore a year ago, IDBI Bank said in a regulatory filing. Interest earned by the bank improved to Rs 7,541 crore, as compared to Rs 7,021 crore in the June quarter of FY26. Net Interest Income (NII) also increased to Rs 3,486 crore in the quarter, against Rs 3,166 crore in Q1 of the previous year, an increase of 10 per cent. However, the bank's operating profit declined to Rs 2,168 crore, from Rs 2,354 crore a year ago. Net Interest Margin too moderated a bit to 3.61 per cent, against 3.68 per cent in the April-June period a year ago. The bank's asset quality improved as gross non-performing assets (NPAs) declined to 2.3 per cent of gross advances at
JK Cement Ltd on Saturday reported a 15.3 per cent decline in consolidated net profit to Rs 274.62 crore for the June quarter. It had posted a profit of Rs 324.25 crore in the year-ago period, according to a regulatory filing from JK Cement Ltd (JKCL). Revenue from operations was up 20.25 per cent at Rs 4,031.72 crore in the June quarter from Rs 3,352.53 crore a year ago. JKCL's total expenses were at Rs 3,664.82 crore, up 25.5 per cent in the June quarter. The total income of JKCL, which includes other income, was at Rs 4,070.97 crore, up 19.41 per cent in Q1, FY27.
Net interest income rises 18 per cent, advances grow 18.3 per cent and gross NPAs fall to 1.3 per cent as the lender reports broad-based business momentum
Net interest income increased 6.7 per cent YoY to ₹33,535 crore in Q1FY27 from ₹31,438 crore a year earlier