The downgrade comes after Trent's AGM, where the company indicated that its fashion segment is expected to grow about 20% in Q1FY26E, considerably lower than its five-year CAGR of 35% over FY20-25.
The highlight of the quarter was volume growth recovering sequentially and expected to be at 9 per cent in Q1FY26, which is the strong start to the fiscal.
Shares of One MobiKwik rose after its wholly-owned subsidiary, Mobikwik Securities Broking (MSBPL), secured regulatory approval from the Sebi to operate as a Stock Broker & Clearing Member.
Arkade Developers' share price rose today after the company announced that it has entered into a binding agreement to acquire Filmistan Pvt Ltd for a total consideration of approximately ₹183 crore.
Johnson Controls-Hitachi Air Conditioning India rose today after the board declared an interim dividend of ₹36 per equity share (360 per cent) of ₹10 each for the year 2025-26.
Alembic Pharmaceuticals share price rose after the company announced that its wholly-owned subsidiary, Alembic Pharmaceuticals Inc., has acquired Utility Therapeutics Ltd. for approximately $12 mn
Coromandel International's share price rose after the Competition Commission of India (CCI) approved its proposal to acquire a majority stake in NACL Industries.
Enviro Infra shares fell after the company said it had been the target of a cyber fraud involving impersonation, resulting in unauthorised fund transfers from its bank account to unidentified accounts
Dev IT shares surged after the company announced it had secured orders worth around ₹4.4 crore from Alivus Lifesciences Limited.
Scale-up of the CDMO segment in FY26, is expected to contribute meaningfully to revenue growth and margin expansion, aided by better capacity utilisation and operational execution, CareEdge Ratings.
Ceigall India share price rose after the company said its subsidiary, Ceigall Northern Ayodhya Bypass Private Limited, has secured a contract worth ₹1,199.30 crore from NHAI.
In the past month, BEL has outperformed the market by surging 13 per cent, as the company secured orders amounting of ₹3,973 crore in June.
Nesco share price was buzzing in trade after the company announced that its board has approved a capex of up to ₹3,500 crore for development of Tower 2 in IT Park
Prior to the listing, the company's shares were commanding a grey market premium (GMP) of ₹57, or 14.25 per cent, with unofficial trading quoting the stock at ₹457 apiece, according to market sources.
Nuvama forecasts that the company's 10GW module & cell capacity, to be fully operational by early CY26, could contribute an incremental ₹3,800 cr to consolidated PAT, equivalent to 6% of FY25 earnings
KSB Ltd share price rose after the company announced that it has received a major order for supply of Boiler Feed Pumps from Larsen & Toubro (L&T) for NTPC's supercritical power plant projects.
Torrent Pharmaceuticals has signed a definitive agreement to acquire a controlling stake in JB Chemicals and Pharmaceuticals (JBCP) at a fully diluted equity valuation of ₹25,689 crore.
RBL Bank share price gained in trade today after foreign brokerage Citi reportedly placed the stock on a 90-day positive catalyst watch, citing expectations of a sharper improvement in RoAs.
The uptick in Hind Rectifiers share price came after the company secured multiple orders from the Indian Railways
Torrent Pharma share price rose after JPMorgan reportedly upgraded the company to 'Overweight'. The brokerage also hiked the target price to ₹3,800, from ₹3,650 earlier.