Eicher Motors’ motorcycle brand Royal Enfield reported a 34% year-on-year rise in sales in July 2026, driven by strong demand in the domestic market. The company sold 1,18,232 motorcycles during the month, compared with 88,045 units in July 2025. Domestic sales rose 38% to 1,05,317 units from 76,254 units a year earlier, while exports increased…
CDSL reported a 14.8% YoY rise in Q1 FY27 consolidated profit to Rs 117.5 crore. CDSL Q1 Results: Central Depository Services (India) Ltd. (CDSL) reported a consolidated net profit of Rs 117.5 crore for the quarter ended June 2026 (Q1 FY27), registering a 14.8 per cent year-on-year (YoY) increase from Rs 102.4 crore in the…
India’s equity market could continue to find support from healthy corporate earnings and attractive valuations, particularly in the banking sector, according to Ashwini Agarwal, Founder & Partner at Demeter Advisors. While he believes India’s earnings trajectory remains encouraging, he cautioned that rising global interest rates and bond yields could emerge as the biggest challenge for…
Kia India reported its highest-ever July wholesale performance since entering the Indian market, with dispatches to dealers rising 27.4% year-on-year to 28,200 units in July 2026. The company had dispatched 22,135 units in July 2025. Kia India’s cumulative wholesale dispatches during the January-July 2026 period stood at 1,91,949 units, registering a 16.8% growth compared with…
Shares of Thermax declined as much as 15% in early trade on Friday, July 31, after the company reported a negative set of earnings in the June quarter. Its profit after tax (PAT) of ₹25.24 crore was 83.28% below Street expectations of ₹151 crore. It was also 83.44% below the previous year’s 152.4 crore. Its…
The case pertains to the alleged unauthorised pledging of Zee Entertainment’s immovable properties in Hyderabad. The issue came to light after the company’s auditor reported in FY2018-19 that the title deeds of certain properties were missing. A subsequent probe by Zee found that four entities belonging to the Essel Group had pledged these properties as…
BlackRock sees AI creating scarcity before prosperity The artificial intelligence (AI) boom is often described as the next wave of economic abundance, promising higher productivity, faster innovation and long-term growth. But BlackRock believes the transition will be far more challenging than many investors expect. According to Ben Powell, Chief Investment Strategist for Asia Pacific and…
Tata Motors Passenger Vehicles Ltd. reported a strong growth in July 2026 sales, with total passenger vehicle volumes, including electric vehicles, rising 59% year-on-year to 63,760 units. The company had registered sales of 40,175 units in July 2025. Domestic passenger vehicle sales increased 58% to 62,611 units in July 2026, compared with 39,521 units in…
Divi’s Laboratories reported a strong performance for the first quarter of FY27, with consolidated net profit rising 65.6% year-on-year to ₹902 crore, compared with ₹545 crore in the year-ago period. The company’s revenue from operations increased 27.8% year-on-year to ₹3,080 crore in Q1 FY27, up from ₹2,410 crore in the same quarter last year. The…
Hyundai Motor India reported its highest-ever monthly sales in July 2026, with total volumes rising 25.4% year-on-year to 75,360 units, supported by strong domestic and export demand. The company’s total sales include domestic sales of 54,210 units, which grew 23.3% compared with July last year. Exports increased 31.4% year-on-year to 21,150 units, marking Hyundai’s highest…
