Shares of KPIT Technologies Ltd. fell as much as 8% on Thursday, July 30, reversing all the gains it made on Wednesday after reporting June quarter results that turned out to be better than what the management had warned off, at least on the US Dollar revenue front. Brokerage firm Axis Capital has downgraded the…
Shares of Syngene International Ltd. opened as much as 8% lower on Thursday, July 30, after the company reported a weaker-than-expected June quarter and lowered its revenue outlook for FY27. Global brokerage Macquarie has retained its ‘Outperform’ rating on the stock with a price target of ₹735, despite describing the quarter as an all-round miss….
Shares of Balkrishna Industries Ltd. jumped as much as 10% on Thursday, July 30, after the tyre maker reported a strong set of first-quarter earnings, aided by robust volume growth that offset margin pressure. The stock is seeing its biggest single-day gain in five months. The company outperformed peers on the back of healthy demand,…
By CNBCTV18.com July 30, 2026, 10:45:22 AM IST (Published) From strong Q1 earnings beats to margin pressures, here’s a complete look at what drove today’s biggest Nifty 500 movers and how each stock stacks up …Read More 1/8 Redington International shares opened as the top gainer on the Nifty 500 index, surging over 13% at…
Shares of MTAR Technologies hit the 5% upper circuit on Thursday, July 30, after the company reported a strong June quarter performance and said its order book had already exceeded its FY27 target. The stock was locked at the day’s upper circuit of ₹5,453.50. MTAR Technologies reported a 348% year-on-year jump in June-quarter net profit…
BofA Global Research has maintained its year-end Nifty target of 26,200, implying a 9% upside from current levels, as it expects earnings growth to improve and believes the risk-reward for Indian equities has become more balanced. Amish Shah, Head of India Research at BofA Global Research, expects Nifty earnings growth to accelerate to 10%, up…
Shares of Vardhman Textiles slipped from the day’s highs on Thursday, July 30, after the company reported its June quarter earnings report. The company’s consolidated net profit rose 50% year-on-year to ₹310 crore from ₹207 crore in Q1FY26. Revenue from operations increased 13.3% to ₹2,703 crore during the quarter, compared with ₹2,386 crore in the…
Shares of Syrma SGS Technology rose as much as 9% on Thursday, July 30, after the electronics manufacturing services company reported a strong set of June-quarter earnings and approved a fund raise of up to ₹1,000 crore through a Qualified Institutional Placement (QIP). The stock climbed to an intraday high of ₹1,468 apiece during the…
The recent correction in large consumer stocks has created an attractive buying opportunity, with Hindustan Unilever (HUL) and Colgate-Palmolive (India) emerging as Nuvama Institutional Equities’ top picks, according to Abneesh Roy, Executive Director at Nuvama Institutional Equities. Speaking to CNBC-TV18, Roy said the sharp post-results declines in some fast-moving consumer goods (FMCG) stocks do not…
Shares of SML Mahindra Ltd. remained locked in the 20% upper circuit for a second consecutive session on Thursday, July 30, extending Wednesday’s sharp gains after parent Mahindra & Mahindra (M&M) unveiled a major restructuring of its commercial vehicle business. The rally follows M&M’s board approval to transfer its Mahindra Truck & Bus Division (MTBD)…
