Suzlon Energy reported a consolidated net profit of Rs 305 crore for the first quarter of FY27. This figure represented a nearly six percent decline year-on-year from Rs 324 crore. However, the renewable energy company’s revenue from operations rose twenty-two point five percent. Shares of the company fell more than four percent following the earnings...Read More
Adani Energy Solutions’ Rs 3,500 crore QIP was oversubscribed 3.1 times, attracting bids worth over Rs 10,800 crore from domestic mutual funds, insurers, foreign investors and Premji Invest. The issue was priced at Rs 1,615 per share, a discount to the SEBI floor price. The proceeds will fund capital expenditure, debt repayment, acquisitions and general...Read More
Barclays has reported an impressive seventeen percent increase in profits for the first half of the year, exceeding analyst predictions and enhancing the bank’s optimism. In addition, they announced a significant one billion pound share buyback scheme and updated their full-year income forecast to thirty-one point five billion pounds. The bank remains committed to achieving...Read More
Sterlite Technologies has surged over 400% in 2026, while FIIs nearly tripled their stake to 19.7% as of July 2026. The stock gained investor attention after strong Q1 FY27 results, a record order book, AI data centre opportunities and a bullish outlook from brokerages.Read More
Varun Beverages shares fell 5% after the Pepsi bottler reported a 76-basis-point contraction in Q2 CY2026 EBITDA margin to 27.7%, weighed down by the consolidation of South Africa’s Twizza business. Despite the margin pressure, revenue from operations rose 20.4% year-on-year to Rs 8,451.23 crore, driven by strong volume growth across domestic and international markets.Read More
Nvidia-led semiconductor stocks came under pressure as investors reassessed lofty AI valuations, concerns over infrastructure spending and rising competition from China. The selloff allowed Apple to regain its position as the world’s most valuable listed company, highlighting a broader rotation toward companies with steadier earnings.Read More
Tata Power shares traded lower despite Wall Street brokerage Morgan Stanley retaining its “Equal Weight” rating and Rs 399 target price following the company’s Q1 FY27 results. The company reported double-digit profit growth, record quarterly capital expenditure and strong performance across its renewable energy, transmission and distribution businesses.Read More
The US Federal Reserve’s policy meeting has become harder to predict as surging oil prices and renewed geopolitical tensions raise the risk of persistent inflation. While most brokerages still expect rates to remain unchanged, some now see a growing possibility of surprise hikes, with markets significantly increasing the odds of a policy move.Read More
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires & Cables business and improving profitability. The company also achieved operational breakeven in its FMEG segment, while management expressed confidence in sustaining growth through product expansion, distribution strengthening and execution...Read More
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