Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an alternative to scheduled bank deposits.
Jubilant Foodworks Q1 Results: Domino’s India operator beats St view with 63% YoY surge in profit at Rs 91 crore on strong delivery demand
Domino’s India operator Jubilant Foodworks beat first-quarter profit estimates by a wide margin on Wednesday as lower-priced menu items and free deliveries bolstered demand even as other fast-food franchisees struggled.
IRCTC Q1 Results: PAT rises 8% YoY to Rs 331 crore
IRCTC posted an 8% YoY rise in Q1 FY26 net profit to Rs 331 crore, driven by internet ticketing and tourism growth, despite sequential declines and mixed segment performance.
Muthoot Finance Q1 Results: Standalone profit surges 90% to Rs 2,046 crore on strong loan growth
Muthoot Finance witnessed a significant profit increase in the first quarter. The gold loan financier’s profit surged by 90%. This growth was fueled by higher gold prices and increased loan demand. Loan assets under management also rose considerably. The company plans to invest in its subsidiaries, Muthoot Money and Muthoot Homefin.
BPCL Q1 Results: Cons profit soars 141% YoY to Rs 6,839 crore, but revenue up 1%
BPCL reported a 141% YoY rise in Q1FY26 net profit to Rs 6,839 crore, driven by higher margins and stable revenue. Sequential profit rose 56%, while GRM fell to $4.88/barrel. Downstream petroleum remained the dominant revenue contributor.
Gold bounces from lows after prices fall by Rs 1,500/10 grams this week. Can yellow metal rally further?
Gold prices on MCX fell Rs 1,500 this week after touching a record high, while silver remained firm. Softer U.S. CPI data boosted rate-cut hopes, supporting bullion. Analysts expect continued volatility amid tariff uncertainty, geopolitical events, and key U.S. economic releases, with gold and silver seen trading within defined weekly ranges.
Avoiding chemicals and cement stocks; new-age consumption stocks long-term bets: Pratik Gupta
Kotak Securities anticipates a stronger second half for Indian markets, driven by festive demand and favorable monsoons benefiting rural areas. While consumer tech leaders like Nykaa and Honasa show long-term promise, high valuations in consumer companies raise concerns. Cautious approach is advised due to global economic uncertainty, prioritizing capital preservation over aggressive returns.
5 stocks that may give up to 38% returns
Brokerages have turned positive on a range of stocks across sectors, projecting double-digit upside potential based on strong growth prospects and supportive business fundamentals for the next 12 months.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
Dipan Mehta highlights capital goods and power as next market leaders
Dipan Mehta of Elixir Equities expresses disappointment in the banking sector’s recent performance, citing increased competition hindering growth. Excluding PSU banks, many NBFCs and private banks have underperformed. Mehta suggests investors look beyond banking for market outperformance, highlighting potential in capital goods, power equipment, and select two-wheeler companies. While pockets of growth exist, consistent exceptional […]
NMDC shares jump 2% after 23% YoY revenue growth, despite marginal PAT dip
NMDC shares experienced a rise of 2.5% following the announcement of robust first-quarter results for fiscal year 2026. Revenue saw a significant increase, driven by higher iron ore production and sales. While profit dipped slightly, operational performance was strong. The company holds substantial investments in various subsidiaries and joint ventures, both domestically and internationally.