Shares of Varun Beverages Ltd. fell as much as 6.5% on Tuesday, July 28, after the volume growth for its India volume business turned out to be lower than what the street was anticipating during the April-June quarter. For the quarter, Varun Beverages’ India business volume growth stood at 14.4% on a year-on-year basis. A…
Several factors explain this correction. First, the initial surge reflected classic IPO hype and FOMO (fear of missing out), especially given Musk’s strong personal brand and SpaceX’s achievements in reusable rockets, Starlink satellite internet, and ambitious plans. With a relatively thin public float and significant retail allocation (around 30 per cent), early trading was dominated…
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…
Shares of Avenue Supermarts Ltd., parent company of the hypermarket chain D-Mart, fell over 6% on Tuesday, July 28, tracking weak management commentary during its meeting with a group of analysts. This is the biggest single-day fall for Avenue Supermarts in a single session since October 2024. During the analyst meet, D-Mart’s management said that…
Shares of Hindustan Unilever Ltd. (HUL), India’s largest FMCG company, fell as much as 5% on Tuesday, July 28, in response to its first quarter results, which fell short of expectations on the volume growth front. Hindustan Unilever reported domestic volume growth of 5% year-on-year during the quarter, which is lower than the CNBC-TV18 poll…
Q1 Results Today Live, July 28: Several companies are set to announce their April-June quarter (Q1FY27) results today, July 28. Investors are expected to closely track these earnings for updates on business performance, revenue, profit and future outlook. As per BSE results calendar, 74 companies are set to release quarterly earnings today. Also Read: ITR…
Hindustan Unilever Ltd.’s home care business grew at the fastest pace in three years, the company announced during its June quarter results announcement on Tuesday, July 28. HUL’s home care business reported topline of ₹6,554 crore, indicating underlying sales growth of 14% compared to the same quarter last year. The home care business contributed to…
Q1 Results LIVE Updates: Two Nifty 50 leaders, Larsen & Toubro and Hindustan Unilever (HUL) will be reporting results today along with broader market names like Ambuja Cements, Suzlon Energy, Varun Beverages, Cholamandalam, Radico Khaitan and many others. BEL, Coal India, Home First Finance, Indus Towers, Coforge and others will be reacting to their results…
Q1 Results Today Live, July 28: Several companies are set to announce their April-June quarter (Q1FY27) results today, July 28. Investors are expected to closely track these earnings for updates on business performance, revenue, profit and future outlook. As per BSE results calendar, 74 companies are set to release quarterly earnings today. Among the major…
HUL Q1 Result FY27: FMCG giant on Tuesday declared its Q1 results for FY27. HUL Q1 Result FY27: Hindustan Unilever Ltd (HUL) reported a 3% year-on-year decline in consolidated net profit to Rs 2,673 crore for the first quarter of FY27, compared with Rs 2,756 crore in the corresponding period last year. The company’s revenue…
