Pharma stocks: RPG Life, Thyrocare, Hester Biosciences, Rubicon Research, IOL Chemicals, Emcure and Suven Life from the BSE Healthcare index rallied between 4% and 8% on Monday.
State-owned lender Indian Overseas Bank (IOB) on Monday reported a 49.3 per cent year-on-year jump in net profit to Rs 1,659 crore in the three months ended June 2026, driven by improved asset quality. The bank had earned a net profit of Rs 1,111 crore in the corresponding quarter last year. Total income rose to Rs 10,938 crore during the April-June period from Rs 8,866.47 crore a year earlier, the bank said in a stock exchange filing. The bank's asset quality improved, with Gross Non-Performing Assets (GNPA) dropping to 1.33 per cent for the June quarter of FY27 from 1.97 per cent a year earlier. Similarly, net NPA eased to 0.18 per cent from 0.32 per cent. Further, provisions were at Rs 834 crore in the quarter under review mostly unchanged from Rs 844 crore a year earlier but lower than Rs 1,006 crore in the March quarter. Shares of IOB were trading 4.11 per cent higher at Rs 35.2 on the BSE in the afternoon trade.
The company reported a consolidated net profit of ₹25.39 crore ($2.63 million) in the first quarter ended June 30 from a loss of ₹10.8 crore a year ago
As per brokerage estimates, Nestle India's revenue is expected to grow 12-18 per cent Y-o-Y, driven by healthy double-digit volume growth, while net profit could increase by up to 34 per cent Y-o-Y.
Shyam Metalics and Energy Ltd on Monday reported 20.6 per cent rise in consolidated profit after tax at Rs 350.73 crore for the quarter ended June 30, 2026. The company had posted a PAT of Rs 290.67 crore in the year-ago period. Income rose to Rs 5,502.18 crore from Rs 4,476.60 crore in the corresponding quarter of the previous financial year, Shyam Metalics and Energy said in a filing to BSE. The board at its meeting held on Monday approved the payment of first interim dividend of Rs 1.80 per equity share for 2026-27. The board also approved raising up to Rs 4,500 crore through issuance of equity shares, eligible securities, or equity-linked instruments, it said. The fundraise may include convertible or non-convertible preference shares, as well as fully or partly convertible debentures, the company added. "We commenced Q1 FY27 on a strong footing, driven by disciplined execution, operational excellence, and the strength of our integrated business model. During the quarter, Rev
Mahindra Logistics Q1 results: The company on Monday reported a net profit of ₹27.83 crore in Q1FY27 versus a net loss of ₹9.44 crore in Q1FY26; total income grew 23.5% YoY to ₹2,012.72 crore.
In the recently concluded June 2026 quarter, domestic mutual funds reduced their stake in MTAR Technologies to 20.36 per cent from 23.49 per cent at the end of March 2026 quarter.
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