The Nifty snapped its five-session losing streak on Monday as easing crude oil prices lifted investor sentiment, helping the benchmark rally 228 points to close just shy of the 24,000 mark. The index opened 161 points higher and extended gains throughout the session, ending near the day’s high at 23,995, up 0.96%. The recovery also…
Foreign institutional investors (FIIs) remained net sellers in Indian equities on Monday, offloading shares worth a provisional ₹1,688.23 crore, while domestic institutional investors (DIIs) extended their buying streak with net purchases of ₹2,329.14 crore. According to provisional exchange data, FIIs bought equities worth ₹11,695.95 crore during the session and sold shares worth ₹13,384.18 crore, resulting…
Tata Sons Executive Chairman N Chandrasekaran received a total remuneration of ₹158.6 crore for FY26, marking his highest annual compensation since the holding company began disclosing directors’ pay in its financial statements. The remuneration comprised ₹17.9 crore in salary and allowances, while ₹140.7 crore was paid as commission, highlighting the performance-linked nature of his compensation….
Top stocks to watch: Earnings remained the key market trigger as several companies announced their June-quarter results, offering fresh cues for investors. Tata Power posted a stronger-than-expected performance, while Tata Chemicals slipped into a loss. Coal India reported steady profit growth, Northern Arc Capital delivered robust earnings and Gravita India maintained its growth momentum. HDFC…
Adani Energy Solutions has set the floor price for its qualified institutional placement (QIP) at ₹1,698.15 per equity share and may offer institutional investors a discount of up to 5% on the floor price. In an exchange filing on Monday, July 27, the company said its QIP Committee authorised the opening of the issue on…
Northern Arc Capital reported a 17.6% year-on-year (YoY) rise in net profit to ₹121.8 crore for the quarter ended June 30, compared with ₹103.6 crore a year earlier. Net interest income (NII), the company’s core income, increased 44.2% to ₹496.1 crore from ₹344.1 crore, while total revenue rose 30% year-on-year to ₹767.5 crore from ₹590.6…
The world’s second-largest soda ash manufacturer, Tata Chemicals Ltd, on Monday (July 27) reported a consolidated net loss of ₹17 crore for the first quarter ended June 30, 2026, against a net profit of ₹252 crore in the corresponding period last year, primarily due to lower realisations, reduced other income and lower joint venture income….
Maharatna firm Coal India reported a marginal 0.69% year on year (YoY) increase in consolidated profit after tax (PAT) at ₹8,852 crore for the quarter ended June 30, 2026, compared with ₹8,797 crore in the corresponding period last year. Coal India’s revenue from operations rose 7.8% to ₹46,254.80 crore from ₹42,919.20 crore, while earnings before…
Cigarette and tobacco products maker, Godfrey Phillips India reported a weaker set of earnings for the June quarter, with both profit and revenue declining from a year ago. The company’s net profit fell 44.3% year-on-year to ₹189.39 crore, compared with ₹356.31 crore in the corresponding quarter last year. Revenue from operations declined 18.9% to ₹1,205.5…
Wire ropes manufacturer Usha Martin Ltd on Monday (July 27) reported a 40.7% year-on-year increase in net profit to ₹142 crore for the first quarter, compared with ₹101 crore in the corresponding period last year. The company’s revenue rose 16.4% to ₹1,033 crore during the quarter from ₹887 crore in the year-ago period. ALSO READ…
