State-run refiner Bharat Petroleum Corporation Ltd. (BPCL) reported a net loss for the June quarter owing to higher crude oil prices during the April-June period at the height of the first phase of the US-Iran war. BPCL reported a net loss of ₹3,962 crore, compared to a net profit of ₹3,191 crore during the March…
Shares of Apollo Microsystems gained almost 4% on Wednesday, July 22, after receiving an order to develop an autonomous underwater system for the Indian Navy. The company bagged a Make-II Prototype Sanction Order (PSO) to develop the system called SAVIOR-ASW for the Indian Navy, according to a regulatory filing. Also Read: Apollo Micro Systems bags…
HFCL Ltd reported its strongest-ever quarterly performance for the June quarter (Q1FY27) on Wednesday, with revenue more than doubling and the company returning to profitability on the back of surging exports, an improved product mix and stronger operating leverage. The telecom equipment and optical networking company posted a consolidated net profit of ₹228.6 crore, compared…
The Indian rupee weakened further on Wednesday (July 22), falling to 96.53 against the US dollar in intraday trade as a sharp rally in crude oil prices and persistent geopolitical tensions boosted demand for the greenback. The currency had opened at 96.34 per dollar, down 10 paise from Tuesday’s (July 21) close of 96.24/$, before…
Q1 Results Live Updates, July 22: Several companies are set to announce their April-June quarter (Q1FY27) results today, July 22. Investors are expected to closely track these earnings for updates on business performance, revenue, profit and future outlook. As per BSE results calendar, 63 companies are set to release quarterly earnings today. BSE Q1 Results…
Bharat Forge Ltd. has signed a memorandum of understanding (MoU) with French-Canadian airship developer FLYING WHALES to jointly develop and manufacture heavy-lift airships for India’s defence and strategic missions, according to the company’s exchange filing on Wednesday, July 22. The agreement, signed at the Farnborough International Airshow 2026, aims to establish manufacturing, integration and production…
Shares of CSB Bank Ltd., the Thrissur-based private lender, fell as much as 7% on Wednesday, July 22, in response to its June quarter results, which saw some pressure on the lender’s asset quality. CSB Bank’s gross NPA stood at 1.75% from 1.66% in the March quarter, while Net NPA stood at 0.39% from 0.4%…
After years of underperformance, private sector banks and other cyclical sectors are becoming attractive again, while the rally in many small-cap stocks has pushed valuations to uncomfortable levels, according to Pratik Gupta, CEO & Co-Head at Kotak Institutional Equities. Gupta believes investors should focus on value rather than chase momentum. While sectors such as defence,…
Pharma Stocks Today: Trump has outlined a staggered tariff regime for generics, under which imports would remain duty‑free for two years from August 1, 2026, rise to 100 per cent from August 1, 2028, and then to 200 per cent a year later. Pharma Stocks Today: India’s pharmaceutical sector dipped notably on Wednesday after US…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
