Pharmaceutical stocks remain one of the top investment bets despite concerns over potential US tariffs, according to N Jayakumar, Group CEO and Managing Director of Prime Securities. He said the sector’s export-driven nature, relatively low correlation with domestic economic cycles and long-term growth prospects make it an attractive investment theme. “Pharma is the new tech….
Hirect Ltd, formerly known as Hind Rectifiers Ltd, has secured its first order to supply propulsion systems for Mainline Electric Multiple Unit (MEMU) trainsets from the Modern Coach Factory (MCF), a production unit of Indian Railways, in a contract valued at about ₹60 crore. The order, which involves supplying complete propulsion systems for four MEMU…
Upcoming IPOs: Advance Technoforge, Poojaa Precision Engg among new issues to open this week – Check full list here Source link
Dividend Stocks This Week: Over 90 companies are scheduled to trade ex-date between July 27 and July 31, 2026, offering investors the final opportunity to buy their shares and become eligible for announced dividends, bonus issues, rights issues, spin-offs and InvIT/REIT income distributions. Among the prominent names are UltraTech Cement, Britannia Industries, Eicher Motors, Siemens,…
Q1 Results in Coming Week: As the first-quarter earnings season going on, several companies are set to announce their June quarter results between July 27 and August 2. Investors will closely track earnings from Bharat Electronics (BEL), Canara Bank, Coal India, Hindustan Unilever (HUL), Larsen & Toubro (L&T), Ambuja Cements, Adani Enterprises, Adani Ports, Asian…
Shares of SRF fell to the day’s lows on Wednesday, July 22, after the chemicals and packaging films maker reported a strong set of June quarter earnings, led by robust growth in its Performance Films & Foil business and margin expansion. The company’s consolidated net profit surged 75.5% year-on-year to ₹758.9 crore for the quarter…
Eternal Ltd., parent company of food delivery operator Zomato and quick commerce platform Blinkit, reported results for the June quarter, which were slightly lower in comparison to a CNBC-TV18 poll, but higher compared to last year. The company’s cash balance also grew for the third straight quarter. Revenue for the quarter stood at ₹20,211 crore,…
Non-banking financial company Five Star Business Finance Ltd on Saturday (July 25) reported a 2% year-on-year increase in net profit to ₹271.4 crore for the quarter ended June 30, 2026, compared with ₹266.3 crore in the year-ago period. Net interest income (NII) rose 10.2% year-on-year to ₹636.1 crore from ₹577.4 crore. Total income stood at…
Vedant Fashions Ltd, which owns ethnic wear brand Manyavar, on Saturday (July 25) reported a 14.7% year-on-year increase in net profit to ₹80.6 crore for the quarter ended June 30, 2026, compared with ₹70.3 crore in the year-ago period. Revenue from operations rose 7.2% to ₹301.4 crore from ₹281.2 crore a year earlier. Earnings before…
The equity benchmark indices ended in the red on Wednesday (July 22), with the BSE Sensex falling 715 points to 76,755 and the Nifty 50 declining 191 points to 23,996, slipping below the 24,000 level. Selling was broad-based, with nearly 40 Nifty constituents ending lower, while the Nifty Bank index dropped 709 points to 57,127….
