Shares of Hindustan Petroleum Corp Ltd. declined up to 3% on Thursday, July 23, after fuel and LPG retailing losses impacted its first quarter earnings. The company reported a loss of over ₹11,000 crore. However, the same was lower than estimates, which stood at ₹13,680 crore. Its revenue growth remained healthy as it increased by…
Shares of Eternal are fluctuating between gains and losses on Thursday, July 23, a day after the company’s June-quarter results, which were a mixed bag. However, the results prompted brokerages to reiterate their bullish stance, with CLSA seeing nearly 75% upside on the stock following strong growth in both food delivery and quick commerce. Eternal…
Shares of Nestle India fell more than 2% on Thursday, July 23, after the fast-moving consumer goods (FMCG) major reported another quarter of better-than-expected earnings for the June quarter. However, despite the strong earnings performance, the growth vs valuation debate has split the 40 analysts who track the company right down the middle. Citi sees…
Birla Corp reported its first quarter earnings on Saturday, July 25. Barring its revenue, its net profit, EBITDA and margin declined. The company’s net profit was down 3.2% at ₹115.7 crore form ₹119.6 crore last year. Its revenue in the first quarter increased 7.8% to ₹2,646.5 crore from ₹2,454.2 crore last fiscal. Its earnings before…
Landmark Cars has said it has received a letter of intent from JSW MG Motor India Pvt Ltd to open a new MG Experia showroom in Vastral, Ahmedabad. The dealership will be established by Aeromark Cars Pvt Ltd, Landmark Cars’ wholly-owned subsidiary. This would be the company’s 17th MG Motor outlet and will entail sales…
Shares of Oracle Financial Services Software Ltd. (OFSS) gained as much as 4% on Thursday, July 23, as the stock will react to its June quarter results that were reported after market hours on Wednesday. Oracle Financial is the only stock on the Nifty IT index that is trading with gains on a year-to-date basis….
Zydus Lifesciences on Thursday, July 23, said it has received approval to begin a Phase III clinical trial of its investigational drug Desidustat for treating anaemia in patients with sickle cell disease (SCD), in collaboration with the Indian Council of Medical Research (ICMR). The 203-day, double-blind, randomised, placebo-controlled, parallel, multicentre study will enrol 164 patients…
AU Small Finance Bank reported its first quarter results on Saturday, July 25. Its net profit increased 37% to ₹796 crore from ₹581 crore in the first quarter last fiscal. Its net interest income (NII) was up 31.8% as well at ₹2,695.5 crore from ₹2,044.7 crore in the previous year. The lender’s gross non-performing assets…
‘FII flows likely to remain volatile’ – Here’s what Bajaj Broking’s Pabitro Mukherjee said on equity markets, crude oil prices Source link
DLF has announced a final dividend of ₹8 per share (400%) for FY26. (AI Generated Image) DLF Dividend Alert: Real Estate company DLF has announced a final dividend of Rs 8 per equity share for the financial year ended March 31, 2026. The dividend will be paid will be paid on or before Tuesday, 1st…
