On Friday, the benchmark Sensex declined by around 765 points, closing at 79,857. Despite the broader market weakness, nine stocks from the BSE 1000 Index managed to touch their 52-week highs — the highest levels recorded over the past year. Typically, such breakouts are seen by traders and investors as bullish indicators, reflecting strong upward […]
NIIT Q1 profit dips 44 pc to Rs 4.3 cr; revenue rises 2 pc to Rs 84.1 cr
Skills and talent development firm NIIT Ltd on Friday posted a 43.6 per cent decline in consolidated net profit to Rs 4.37 crore in the April-June quarter due to headwinds from a turbulent environment in the technology and BFSI sectors. It had reported a profit (attributable to owners of the parent company) of Rs 7.75 […]
Tata Motors Q1 Results: Cons profit plunges 63% YoY to Rs 3,924 crore, but beats Street estimates
Tata Motors on Friday reported a 63% decline in its Q1 consolidated net profit to Rs 3,924 crore, compared to Rs 10,514 crore in the year-ago period. The profit attributable to shareholders was higher than Street estimates of Rs 3,408 crore. The company’s total revenue from operations stood at Rs 1.04 lakh crore, down 0.3% […]
GRSE Q1 Results: PAT surges 38% YoY to Rs 120 crore, revenue up 30%
Garden Reach Shipbuilders & Engineers (GRSE) on Friday announced its first quarter for FY26, posting a profit after tax (PAT) of Rs 120.17 crore, up 37.8% YoY from Rs 87.19 crore in the year-ago period. The company’s revenue from operations rose 29.7% YoY to Rs 1,309.87 crore for the quarter ended June 30, 2025, against […]
Grasim Industries Q1 Results: Cons net profit jumps 32% YoY to Rs 1,419 crore, revenue rises 16%
Grasim Industries on Friday reported consolidated net profit attributable to the owners of the company at Rs 1,418.68 crore for Q1 FY26, a 32% year-on-year (YoY) growth compared to a profit of Rs 1,075 crore in the year-ago period. The Aditya Birla Group said revenue from operations for the first quarter ended June 2025 stood […]
Indian REITs crosses Rs 1 lakh crore in market capitalisation, signifies growing investor confidence and market maturity
The Indian Real Estate Investment Trusts (REITs) market has reached a major milestone, with the combined market capitalisation of all four listed REITs crossing Rs 1 lakh crore as of the market close on July 30, 2025. This achievement highlights the sector’s strong growth trajectory and its increasing significance within India’s financial ecosystem. India’s four […]
Page Industries Q1 Results: Profit rises 21.5% to Rs 200.8 crore
Apparel manufacturer Page Industries Ltd has reported a 21.52 per cent increase in its net profit to Rs 200.79 crore for the June quarter of FY26, helped by volume growth, supply chain efficiency and cost optimisation. The company had posted a net profit of Rs 165.22 crore during the April-June period a year ago, according […]
Did Nestle India shares really crash 50%? Here’s how the bonus math works
Shares of Nestle India appeared to crash by over 50% on Friday, startling investors who saw the sharp decline reflected in their demat accounts. But the apparent plunge wasn’t a market rout, it was the result of the company’s 1:1 bonus issue, which took effect today, halving the stock price while doubling shareholding, with no […]
SBI Q1 Results Live Updates: Analysts foresee moderate PAT growth; NII expected to be muted
SBI Q1 Results | State Bank of India (SBI) is set to report its Q1 earnings on Friday, with analysts anticipating a mixed performance. Profit growth is likely to remain modest, weighed down by narrowing net interest margins (NIMs), higher provisioning, and subdued loan growth. Key areas to watch include the margin outlook, credit cost […]
AU Small Finance Bank shares in focus after RBI nod for universal bank transition
Shares of AU Small Finance Bank (AUSFB) are likely to be in the spotlight on Friday, August 8, after the Reserve Bank of India (RBI) granted in-principle approval for its transition from a Small Finance Bank to a Universal Bank. The approval, received on August 7, marks a significant regulatory milestone and paves the way […]