Category: Stock

The Indian market ended higher on Wednesday, led by gains in auto and financial stocks, as softer U.S. retail inflation bolstered bets on a Federal Reserve rate cut in September and signs of easing domestic price pressures lifted investor sentiment. The benchmark BSE Sensex rose 0.38% or 304.32 points to close at 80,565 and the […]

Domino’s India operator Jubilant Foodworks beat first-quarter profit estimates by a wide margin on Wednesday as lower-priced menu items and free deliveries bolstered demand even as other fast-food franchisees struggled. The company reported profit of 917.6 million rupees ($10.49 million) for the quarter ended June 30, compared to a year ago profit of 558 million […]

Growth Outlook This substantial increase in quarterly sales indicates strong business expansion and demand. The trend showcases a company’s capacity to attract and retain customers, suggesting potential for continued success. However, it is essential to evaluate the sustainability of this growth. Source link

Shares of Life Insurance Corporation of India (LIC) fell 3% in Wednesday’s trade after reports suggested the government could kick off the disinvestment process for selling a minority stake in the country’s largest insurer within the next two weeks. According to CNBC-TV18, the government is considering divesting between 2.5% and 3% of its equity in […]

Samvardhana Motherson International posted its first quarter results for FY26, reporting a 39.7% year-on-year (YoY) decline in its consolidated profit after tax (PAT) at Rs 871.84 crore, versus Rs 1,445.20 crore in Q1FY25. The revenue from operations for the quarter, however, witnessed a 3% YoY rise. The total revenue from operations for the company stood […]

According to Deven Choksey, investors, especially mutual funds, are actively reshuffling their portfolios. Stocks trading at high valuations but showing slower growth are being sold, while money is moving into underperforming names that offer better appreciation potential. Midcap and smallcap companies are also part of this shift. Source link

NMDC shares rose 2.5% to Rs 72.66 on the BSE on Wednesday after the state-owned miner posted a strong performance for the first quarter of FY26, driven by robust revenue growth. The company’s revenue from operations jumped 23% year-on-year (YoY) to Rs 6,634 crore in Q1 FY26 from Rs 5,378 crore in the same period […]

Solar photo-voltaic company Vikram Solar has fixed a price band of Rs 315-322 for its upcoming initial public offering (IPO), which will open for bidding next week, on August 19. The issue comprises a fresh component aggregating up to Rs 1,500 crore and an offer for sale component, which will include the selling shareholders offloading […]

Shares of Honasa Consumer, parent of beauty and personal care brand Mamaearth, soared 13% to Rs 301 on the BSE on Tuesday after announcing its Q1 results. Global brokerage Jefferies maintained a ‘Buy’ rating with a target price of Rs 400, noting 7% YoY revenue growth in line with estimates. Gross margin contracted ~50 bps […]

Shares of Waaree Energies Ltd and Premier Energies Ltd are likely to attract investor attention on Wednesday, August 13, following a significant regulatory move by the US Department of Commerce. According to a report by CNBC TV-18, the department has launched antidumping and countervailing duty investigations into crystalline silicon photovoltaic cells, whether assembled into modules […]