Market

IT services and solutions provider Hexaware Technologies Ltd on Thursday (July 16) announced a partnership with Factory to bring agent-native software development capabilities to global enterprise clients across professional services, banking and financial services, and other sectors. Under the partnership, Factory’s Droid platform will be integrated into Hexaware’s global delivery ecosystem, enabling engineering teams to…

Tech Mahindra Ltd. reported a June quarter profit that missed Street estimates, aided by strong sequential growth and margin expansion. The IT services company also reported deal wins exceeding the $1 billion mark for the third consecutive quarter. Constant currency revenue grew 2.6% quarter-on-quarter, significantly ahead of the CNBC-TV18 poll estimate of 1% growth. In…

Non-bank lender Piramal Finance Ltd on Thursday (July 16) reported a 67% year-on-year increase in consolidated Profit After Tax (PAT) to ₹461 crore for the quarter ended June 30, 2026, compared with ₹276.3 crore in the same quarter last year. The company’s consolidated revenue rose 27.65% year-on-year to ₹3,368 crore from ₹2,639 crore in the…

Tech Mahindra reported a 28.39% year-on-year growth in its net profit to stand at Rs 1,465 crore for the first quarter of the financial year 2026-27, compared to Rs 1,141 crore posted in the corresponding quarter of the previous fiscal year. The company’s revenue from operations recorded a healthy double-digit growth of 17.68 per cent…

Board of Wipro today declared a dividend of Rs 2 for the financial year 2026-27. “Payment of interim dividend of Rs 2 per equity share of par value Rs 2 each to the Members of the Company as on July 27, 2026, being the Record Date. The payment of Interim Dividend will be made on…

Stock Market Closing Today, July 16: BSE Sensex closed almost unchanged, advancing 1.44 points to end at 77,186.87, while NSE Nifty fell 5.75 points, or 0.02 per cent, to close at 24,072.75. Stock Market Closing Today, July 16: The Indian stock market ended on a muted note, with the benchmark index, Sensex, closing almost unchanged…

The equity benchmark indices BSE Sensex and NSE Nifty erased early gains to end largely flat on Thursday (July 16), with weakness in financials and insurance stocks offsetting support from information technology (IT) shares and select earnings-driven gains. The Sensex ended 1 point higher at 77,187, while the Nifty 50 slipped 6 points to 24,073….

Laser Power & Infra – cable and conductor manufacturer and exporter headquartered in Kolkata – expects to deliver double-digit revenue growth in the financial year 2026-27 (FY27) as it executes its ₹3,200 crore order book, with investments in India’s power transmission network supporting business momentum, Chairman and Managing Director Deepak Goel said after the company’s…

Shares of Bharat Heavy Electricals Ltd. (BHEL) are fluctuating between gains and losses in response to the state-run company reporting results for the June quarter, during which the company returned to profitability. BHEL reported a net profit of ₹382 crore compared to a net loss of ₹454 crore during the same quarter last year. The…

South Indian Bank reported a mixed set of earnings for the June quarter, with higher profit and improved asset quality offset by a decline in net interest income, while the stock traded lower following the announcement. The lender posted a 17.3% year-on-year rise in net profit to ₹378 crore, compared with ₹322 crore a year…