JM Financial on Monday reported a 166 per cent rise in consolidated net profit to Rs 454 crore for the June quarter of FY26. The financial services company had earned Rs 171 crore in the same quarter a year ago. Total income rose to Rs 1,121 crore during the June quarter 2025-26, from Rs 1,093 […]
Muthoot Microfin returns to profit despite sharp year-on-year drop
Muthoot Microfin is back to black with a slim Rs 6.2 crore net profit for the first quarter of the fiscal, while the profit dropped 95% year-on-year as compared with Rs 113.2 crore in the year ago period. The microfinance company had made a net loss of Rs 401 crore in the fourth quarter of […]
US stocks flat as chip stocks dip on China sales deal
U.S. stocks are drifting near their record heights on Monday as Wall Street waits for an upcoming update on inflation. The S&P 500 was virtually unchanged and flirting with its all-time high set two weeks ago. The Dow Jones Industrial Average was up 77 points, or 0.2%, as of 9:35 a.m. Eastern time, and the […]
BSE raises bar for SME to mainboard migration with higher profit, shareholder requirements
India’s oldest exchange BSE Limited on Monday strengthened the eligibility norm for listed SME companies for migration to mainboard category by enhancing the requirement of operating profitability to Rs 15 crores for last 3 financial years with minimum operating profit of Rs 10 crores in each of these financial years. It has also raised minimum […]
TGV SRACC, Nuvoco Vistas among 10 smallcap stocks that hit a 52-week high, rally up to 40% in a month – Fresh Highs
On Monday, the benchmark Sensex surged by approximately 746 points, ending the day at 80,604. Amid a broader market upswing, 10 stocks from the BSE smallcap index hit their 52-week highs — marking their peak levels over the past year. These kinds of breakouts are generally viewed by traders and investors as bullish signals, suggesting […]
Market Wrap: Sensex rises 746 points higher, Nifty above 24,585; public sector banks lead rally
India’s equity benchmarks started the week on a positive note, led by post-earnings gains in State Bank of India and Tata Motors, and as investors picked up stocks after six consecutive weeks of losses as they awaited U.S.-Russia talks. The Nifty 50 rose 0.91% to 24,585.05 points and the BSE Sensex gained 0.93% to 80,604.08 […]
JM Financial shares jump 4% on sharp 166% YoY PAT growth
Shares of JM Financial jumped over 4% to hit a day’s high of Rs 162.33 on the NSE on Monday, after the company reported a 166% surge in Q1 consolidated net profit to Rs 454 crore, compared to Rs 171 crore in the same period last year. The profit is attributable to the company’s owners. […]
Midcap Marvels: 13 stocks with high FII holding soar up to 80% in just 4 months – Performance Tracker
FY26 is shaping up to be a strong year for midcap stocks, with 20 out of 137 companies in the BSE Midcap index posting impressive price gains ranging between 25% and 80% so far.. What’s particularly noteworthy is that Foreign Institutional Investors (FIIs) have exposure to all of these high-flying names, with holdings ranging from […]
Tata Motors shares can fall to Rs 550, predicts Jefferies. Should you sell?
Global brokerage Jefferies warns that Tata Motors’ share price could drop to Rs 550, citing a 37–41% year-on-year (YoY) decline in Q1 EBITDA and pre-ex PBT, which also came in 13–22% below its estimates (JEFe). “We cut FY26-28E EPS by 8-15% on lower volumes and margins for JLR and India PVs. We expect a 19% […]
HBL Engineering shares surge over 13% on strong Q1 earnings; profit up 79% YoY
HBL Engineering Ltd shares rallied over 13% to a high of Rs 678.90 on the BSE in Monday’s trade after the company reported a sharp rise in quarterly earnings, driven by higher revenues and lower expenses. The company’s net profit for the June quarter surged 79% year-on-year to Rs 143.27 crore, compared to Rs 80.09 […]