Sparsh Jindal

Vodafone Idea Gains on Tariff Hike Hopes

Vodafone Idea shares surged nearly 11% in three sessions, including a 4.44% rise on Friday, as Bharti Airtel’s recent ARPU-focused move boosted expectations of a sector-wide tariff hike. Analysts said hopes of higher telecom tariffs are dri… See Moremore

Tata Motors PV Slumps After Weak Q1

Tata Motors Passenger Vehicles shares fell 4.5% on August 14, becoming the top Nifty 50 loser after Q1 FY27 results showed a sharp decline in profit and margin pressure. Most brokerages turned cautious on earnings outlook, while CLSA remain… See Moremore

LG Electronics India Rallies on Strong Q1

LG Electronics India shares rose 4.5% on August 14 after reporting strong Q1 FY27 results. Brokerages turned bullish, citing broad-based revenue growth, improving product mix, premiumisation trends and margin expansion. The stock emerged am… See Moremore

Grasim Posts Strong Q1 with Record EBITDA

Grasim Industries reported a 51% year-on-year rise in Q1 FY27 consolidated net profit to Rs 2,145.9 crore, driven by strong performance across its diversified businesses. Revenue increased 21% to Rs 48,716.2 crore, while the Aditya Birla Gr… See Moremore

Tata Group Stocks Fall After Chandrasekaran Resignation

Tata Group stocks, including TCS, Titan and Tata Consumer, fell up to 5% after Tata Sons chairman N Chandrasekaran resigned and chose not to seek reappointment after completing his term. The decline was amplified by broader market weakness… See Moremore

Vodafone Idea Advances Funding Talks for Capex Push

Vodafone Idea said it is making meaningful progress in discussions with lenders across public sector, private and foreign bank groups to fund its Rs 45,000 crore three-year capex plan. The telecom operator has already raised Rs 6,400 crore… See Moremore

LIC Gains Over 3% After OFS, Q1 Results Boost Sentiment

LIC shares rose over 3% after holding above the key Rs 390 level despite a massive Rs 32,000-crore OFS conducted at a 10% discount. Institutional and retail cut-off prices were Rs 383 and Rs 373, respectively. Strong Q1 results and the stoc… See Moremore

Ola Electric Reverses Rs 57-Crore PLI Penalty Provision

Ola Electric has reversed a Rs 57-crore provision for liquidated damages under the ACC battery PLI scheme, expecting the government to waive the penalty. The accounting reversal helped narrow the company’s Q1 losses, according to auditor no… See Moremore

SAIL Seeks 5% FPO to Raise Growth Capital

SAIL has approached DIPAM for a 5% follow-on public offer in FY27 to raise funds for its own expansion plans. Unlike an OFS, where proceeds go to the government, the proposed fresh share sale would provide capital directly to SAIL for capac… See Moremore

Titan Q1FY27: Strong Jewellery Growth, Margins Hold Firm

Titan reported better-than-expected Q1FY27 results, with strong jewellery revenue growth driven by high gold prices and rising buyer additions. Margins improved due to operating leverage, inventory and hedge gains, while adjusted jewellery… See Moremore

Emcure Pharma Delivers Strong Q1 on Overseas Growth

Emcure Pharmaceuticals reported a robust Q1 FY27, with net profit rising 36.2% YoY to ₹292 crore on the back of strong international business, higher operating leverage and productivity gains. Revenue increased 22.8% to ₹2,580 crore, while… See Moremore

Nippon Paint Holds Ground Amid Intensifying Competition

Nippon Paint India said it has stabilized its position in the decorative paints market, with no further market share erosion despite aggressive competition from well-funded new entrants. The company expects to maintain its market presence,… See Moremore

Realty Stocks Rally After RBI Maintains Rate Status Quo

Realty stocks gained up to 4% after the RBI kept the repo rate unchanged for the fourth consecutive policy meeting, boosting optimism over stable borrowing costs. The Nifty Realty index rose 2.7%, with major developers leading gains as inve… See Moremore

Kalyan Jewellers Slips on Margin Miss Despite Strong Q1 Growth

Kalyan Jewellers shares fell after its Q1 FY27 results as weaker-than-expected margins overshadowed strong financial performance. Despite a 32% rise in net profit and Citi raising its target price, the brokerage warned margin pressure could… See Moremore

TVS Retains No.1 Spot with Record July Sales

TVS Motor remained India's largest two-wheeler maker for the second straight month in July, overtaking Hero MotoCorp and Honda. The company achieved record monthly wholesales of over 6 lakh units for the first time, driven by 37.5% YoY grow… See Moremore

Muthoot Finance Slumps 11% After Q1 Earnings Miss

Muthoot Finance shares plunged up to 11% after its June quarter results disappointed investors. Consolidated PAT fell 16% sequentially to ₹2,799 crore, while revenue declined 7% QoQ to ₹8,672 crore. Weak earnings and a brokerage downgrade t… See Moremore

Bajaj Finance Hits Record High on Strong Q1 Earnings

Bajaj Finance shares surged nearly 9% to a fresh 52-week high after reporting a 28% YoY rise in Q1 FY27 consolidated PAT. Better asset quality, robust loan growth, stable margins despite higher funding costs, and earnings that exceeded Stre… See Moremore

IT Stocks Slip on Profit Booking After Strong Rally

Indian IT stocks declined as investors booked profits after a five-session rally, while renewed optimism around global AI stocks shifted sentiment in Asian markets. Despite the correction, the Nifty IT index remains up about 16% in July, on… See Moremore

SML Mahindra Hits 20% Upper Circuit on M&M Restructuring

SML Mahindra shares surged 20% after Mahindra & Mahindra approved the sale of its truck and bus business to the company for Rs 525 crore. The slump sale transfers assets, employees, licenses, and liabilities, consolidating Mahindra Group’s… See Moremore

IT Stocks Rally as AI Spending Fears Ease

Indian IT stocks surged on July 29, with Infosys and TCS gaining about 3%, making the Nifty IT index the top sectoral performer. Investors rotated into software exporters amid easing concerns over excessive AI spending and awaited earnings… See Moremore