A total of 9.3 crore shares, or 16.2% equity, of Shadowfax Technologies Ltd. worth ₹1,938 crore changed hands at an average of ₹206 per share in multiple block deals on Friday, July 24. The stock fell as much as 7% after the transactions but is looking to recover from the lows. Earlier in the day,…
Q1 Results Today, July 25: AU Small Finance Bank, IDFC First Bank, Birla Corporation and ZEN Technologies are among the companies set to announce their financial results for the first quarter of the current financial year today. The companies will disclose their Q1 earnings through the stock exchanges. According to the BSE results calendar, 25…
Shares of Motilal Oswal Financial Services Ltd. (MOFSL) declined more than 9% on Friday, July 24, after the company’s June quarter earnings highlighted that a sharp recovery in profit was largely driven by treasury gains, while operating performance across its core businesses remained mixed. The company reported a net profit of ₹1,274 crore in Q1FY27,…
Mphasis shares will be in focus on Friday, July 24, after the IT services company reported June quarter results that exceeded revenue expectations but fell short on margins, while reiterating its FY27 growth and profitability guidance. The company reported 2.1% quarter-on-quarter constant currency (CC) revenue growth, ahead of Street estimates. However, EBIT margin declined 60…
Chairman and Managing Director Sudarshan Venu revealed that TVS Motor is evaluating strategic options, including a potential carve-out or separation, for its financial services business, which continues to grow rapidly through both organic expansion and acquisitions. Here’s a estimate on what it could be valued at? Over the last few years, TVS Credit has evolved…
Shares of InterGlobe Aviation, the parent of IndiGo, traded lower on Friday, July 24, after the airline reported a weaker-than-expected June quarter, prompting Investec to remain the only major brokerage with a ‘Sell’ rating on the stock. While most brokerages retained their positive stance, they flagged near-term pressure from elevated fuel costs and geopolitical uncertainties….
HCL Technologies has signed two Memorandums of Understanding (MoUs) with the Government of Odisha on Friday, July 24, to establish a Global Technology Center in Bhubaneswar and its first AI Data Center at the upcoming Odisha Sovereign AI Park, the company said in exchange filings. The Global Technology Center, which is expected to begin operations…
Elevated crude oil prices are likely to keep pressure on InterGlobe Aviation’s (IndiGo) earnings in the current quarter, the July-September quarter of 2026 (Q2FY27), but the airline could enter a much stronger profit cycle in 2027-28 (FY28) if fuel costs ease and ticket prices remain firm, according to Jinesh Joshi, Research Analyst at Prabhudas Lilladher….
Mumbai-based non-bank lender Shriram Finance Ltd. reported its June quarter results on Friday, July 24, that were better than expectations on the core income and the profitability front. The stock gained as much as 2% after the results announcement. The company’s net profit grew by 60% from last year to ₹3,447 crore. A CNBC-TV18 poll…
Shares of V-Mart Retail gave up gains on Friday, July 24, even as the company reported a strong June quarter performance, with net profit rising 40.5% year-on-year to ₹47.2 crore from ₹33.6 crore in the corresponding quarter last year, driven by healthy revenue growth and improved operating margins. The retailer’s revenue from operations increased 23%…
