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IndiGo Q2 Results: Aviation major IndiGo slipped into a loss of Rs 2,582 crore in the September quarter as against a profit of Rs 2,176 crore in the preceding June quarter. However, when compared with the year-ago period, the airline’s loss widened from Rs 987 crore.
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Adani Enterprises Q2 Results: ​​Adani Enterprises reported an 84% surge in Q2 net profit to Rs 3,199 crore, driven by exceptional gains from stake sales in Adani Wilmar. Despite a 6% dip in revenue to Rs 21,249 crore, the company’s PAT jumped significantly sequentially. The board also approved a Rs 25,000 crore rights issue.
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A study identifies 22 debt-free small-cap companies with rising FII stakes and solid FY25 profits above ₹100 crore. CarTrade Tech, FIEM, eClerx, Swaraj Engines, and NBCC (India) lead gains with up to 103% returns.
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Adani Enterprises, the flagship Adani Group company, announced on Tuesday, November 4, that its board has approved raising up to Rs 25,000 crore through a rights issue of partly paid-up equity shares with a face value of Re 1 each.
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Market expert Neeraj Dewan expects the next leg of the market rally to be driven by PSU banks, telecom, cement, and value retail, backed by improving earnings and policy support. He remains bullish on Bharti Airtel, Jio, and SBI, sees cement correction as a buying opportunity, and predicts a broader midcap recovery as corporate results...
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Global brokerage firm Bernstein has initiated coverage on India’s leading e-commerce platforms, Eternal and Swiggy, assigning an ‘Outperform’ rating to both, with target prices of Rs 390 and Rs 570, respectively.
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India Inc’s Q2 FY26 earnings are outperforming expectations, led by oil & gas, capital goods, and technology sectors. Motilal Oswal notes modest Nifty EPS upgrades as midcaps continue to outperform largecaps, margins expand 170 bps YoY, and the earnings cycle shows signs of bottoming out for sustained growth.
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The US economy is surprisingly strong, with significant corporate spending projected. In contrast, global investors are cautious about India, underweighting its market due to an earnings slowdown. However, a turnaround is anticipated with expected rate cuts, GST reductions, and PSU pay hikes. Improved corporate earnings are seen as the key to attracting foreign investment back...
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Groww launches its IPO today, aiming to raise Rs 6,632 crore. The investment platform, a market leader in India, faces regulatory challenges, particularly concerning futures and options trading, which has historically driven its growth. Despite these headwinds, Groww is diversifying its offerings to ensure continued expansion.
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Sun Pharma is expected to report modest Q2 FY26 earnings growth, with PAT likely up 2% YoY and revenue rising 7%. Analysts cite Leqselvi launch costs, weak Taro performance, and high R&D spend as margin drags, even as domestic and specialty segments continue to drive overall growth.
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