HCLTech reported a 21.2 per cent rise in net profit at ₹5,132 crore in the second quarter of financial year 2027, up from ₹4,235 crore in the corresponding quarter last year.
He expects markets to go through a consolidation phase before a sustained recovery, advising investors to deploy money gradually over the next two to three quarters.
Emcure Pharmaceuticals will merge its wholly owned subsidiaries, Zuventus Healthcare and Emcutix Biopharmaceuticals, with itself under the proposed scheme.
The company said it did not received any specific notice, order or communication from FSSAI or the Tamil Nadu Food Safety Department directing an inquiry into the Company's Paneer products
For the week, Sensex and Nifty 50 closed in the green and snapped their eight-week long losing streak.
Crude below $100, earnings optimism, and oversold recovery lift sentiment
Nomura initiated coverage on the optical fibre cable maker with a 'Buy' rating and a target price of ₹1,350.
The Nifty IT index advanced 2.1 per cent during intra-day deals, with nine out of ten constituent stocks of the index trading in the green.
The pipeline includes several large-ticket offerings that could keep the primary market busy in H2FY27, including Jio Platform and OYO
he company's board will meet on Tuesday, September 29, to consider a proposal for buyback of fully paid-up equity shares.
Nifty's recovery above the 23,200 level provides some near-term relief; however, the broader structure remains weak.
LCC Projects shares listed 31.4 per cent higher at ₹191 on BSE and 29.45 per cent higher at ₹189 on NSE.
Tata Communications, PVR INOX and Radico Khaitan are showing bullish technical setups, backed by breakouts, support-based reversals and improving momentum indicators.
Gujarat Pipavav Port, Aegis Vopak Terminals and Tata Investment Corporation are showing bullish technical setups, backed by breakouts, improving momentum and strong participation.
Till Nifty 50 holds below 23,200 zones weakness could extend towards 23,050 then 22,950 levels while on the upside hurdles can be seen at 23,350 then 23,450 zones.
Oil prices spiked to near $110 a barrel, on track to end the week at over $100 a barrel for the first time since mid-May.
Jefferies has initiated coverage with a 'Buy' call for Welspun Living and Raymond Lifestyle.
The issue is a combination of fresh issue of 2.66 crore shares aggregating to ₹675 crores and offer for sale of 78.74 lakh shares aggregating to ₹200 crores.
Ray of Belief shares listed at ₹239 on both BSE and NSE. Ahead of the debut, Ray of Belief IPO's GMP was indicating 6 per cent listing gains.
The brokerage firm noted that the company's commentary continues to indicate decent demand; however, macro uncertainty persists.