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.
JSW Steel reported a 113 per cent y-o-y jump in consolidated profit for the first quarter to ₹4,651 crore. The steel giant's revenue increased 9.8 per cent on an annual basis.
Post Q1 results, JM Financial has upgraded YES Bank to 'Reduce' from 'Sell', citing a gradual improvement in underlying fundamentals.
PNB Bank reported a jump in standalone profit for the first quarter to ₹5,253 crore on a year-on-year basis. The PSU lender's operating profit rose to ₹7,519 crore for June quarter.
HDFC Bank reported a 5 per cent increase in standalone profit for the first quarter to ₹19,060 crore on a year-on-year basis. Total deposits increased 14.7 per cent Y-o-Y to ₹31.71 trillion
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.
SML Mahindra, UltraTech Cement, Karur Vysya Bank and BlueStone Jewellery among top stocks slated to post their Q1 results today.
The 30-share BSE Sensex jumped 803 points or 1.04 per cent to make an intraday high of 77,989.44. The 50-share NSE Nifty made a high of 24,288.90, up 216 points or 0.90 per cent.
Gifty Nifty indicated a flat start as Brent crude remained elevated at around $85.34 per barrel. In the global market Dow Jones and the S&P 500 ended 0.20 per cent and 0.51 per cent lower.
According to NSE data, several institutional investors bought shares of Laser Power & Infra through open-market transactions after its listing on Thursday.
SBI Funds Management IPO allotment status is expected today (Friday, July 17). Investors can check their allotment on the registrar Kfin Technologies' website, as well as on the BSE and NSE websites.
Brokerages expect Reliance Industries to deliver healthy performance in the June quarter of FY2027, with strength across O2C, Retail and Jio.
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.41 per cent and 0.1 per cent down, respectively
The renewable energy company's revenue declined to ₹1,590 crore. Meanwhile, net profit rose 69% to ₹54.2 crore from ₹32 crore on a year-on-year basis.
Today's rally came after Abakkus Investment Managers Pvt Ltd, owned by ace investor Sunil Singhania, acquired 29,39,588 shares of Mrs Bectors Food Specialities through a bulk deal.
ICICI Pru Life had announced its Q1 results on Wednesday, reporting a 27.8 per cent Y-o-Y rise in net profit to ₹386.2 crore for the first quarter of FY27
Swiggy shares spiked post company's entry into on-demand LPG delivery via Instamart. Analysts said the HPCL partnership expands Swiggy's quick commerce offerings, expands cross-selling opportunities.
HDFC Bank Q1 result preview: Q1 could be a mixed quarter for the lender, with analysts expecting flat NIMs. Asset quality is likely to remain steady, while loan growth may stay in double digits
Gains in IT index were led by large-cap IT stocks, with HCLTech, LTIMindtree and Persistent Systems among the key contributors