State-owned power producer SJVN Ltd reported a mixed set of June-quarter earnings on Friday, with a sharp rise in revenue driven by new power generation projects, although higher costs weighed on profitability and compressed operating margins. For the quarter ended June 30, 2026, the company reported a net profit of ₹225 crore, marginally lower than…
Sun Pharma shares declined as much as 3% from the highs of the day on Friday, July 31, after the company’s US sales for the June quarter turned out to be below what the street was expecting. The drugmaker’s US sales came in at $427 million while the street had estimated the figure to be…
Shares of GAIL (India) Ltd. gained nearly 4% on Friday, July 31, after the state-run gas major reported a sharp sequential improvement in its June quarter earnings and approved the merger of its wholly owned subsidiary, Konkan LNG Ltd. (KLL), with the company. For the June quarter, GAIL posted a net profit of ₹4,292 crore,…
Shares of Leela Palaces Hotels & Resorts Ltd. rose about 5% after the company reported a strong set of earnings for the June quarter, with consolidated net profit rising more than five-fold to ₹48.8 crore from ₹8.8 crore a year earlier, supported by healthy revenue growth and improved operating margins. Revenue from operations increased 28.1%…
Intellect Design Arena began FY27 on a strong note, reporting double-digit growth in both revenue and profit as financial institutions accelerated investments in AI-led digital transformation and cloud-native banking platforms. For the quarter ended June 30, 2026, the software company reported a consolidated net profit of ₹102 crore, up 9% from ₹94 crore in the…
South Korean stocks are the world’s No. 1 cautionary tale about the perils of too much leverage, built up too quickly. There is, however, another market in Asia where brokers are lending large sums of money to their clients, piling up systemic risk. India has had none of Korea’s AI infrastructure-related exuberance. Its benchmark index…
Shares of Divi’s Laboratories rose 2.4% on Friday, July 31, after brokerage firm Macquarie reiterated its ‘Outperform’ rating and raised its price target by 36% to ₹10,200 from ₹7,500. The revised target implies an upside of approximately 30.2% from Divi’s Laboratories’ Thursday closing price of ₹7,835. This is the first and the only target for…
For the past year, investors have chased high-growth sectors such as industrials and defence, often overlooking companies with strong cash flows and reasonable valuations. But Pankaj Murarka, CEO and CIO of Renaissance Investment Managers, believes that trend is beginning to reverse. According to him, markets are entering a phase where quality businesses are likely to…
Shares of Aether Industries Ltd. were trading higher on Friday, August 1, after the specialty chemicals company reported a strong set of June quarter earnings and announced a strategic research collaboration with Dow Chemical International. For the quarter ended June, Aether Industries reported a 33.4% year-on-year increase in net profit to ₹63 crore, compared with…
Q1 Results Today Live Updates, July 31: Several companies are set to announce their April-June quarter (Q1FY27) results today, July 31. Investors are expected to closely track these earnings for updates on business performance, revenue, profit and future outlook. As per BSE results calendar, 111 companies are set to release quarterly earnings today. BSE Q1…
