PC Jeweller shares jump 6%: What’s driving the rally after 220% gains in 3 years?
PC Jeweller shares jumped about 6% after its board approved raising up to Rs 1,000 crore through a QIP, nearly reversing Friday’s losses. The rebound also comes amid strong Q1 revenue growth and the company’s progress toward becoming debt-free.
VA Tech Wabag shares rise 4% after securing major Bengaluru wastewater treatment order
VA Tech Wabag shares rose after announcing a significant order from BWSSB. The company will develop two energy-efficient wastewater treatment facilities in Bengaluru. This large order strengthens its position in India’s municipal wastewater sector. The projects will enhance sewage treatment capacity and water security goals. VA Tech Wabag’s stock has shown strong performance over recent […]
Axis Bank shares fall 5% after Q1 earnings fail to cheer D-Street. What brokerages say
Axis Bank shares fell despite reporting a 22.5% year-on-year rise in Q1FY27 standalone net profit to Rs 7,114 crore. Net interest income (NII) grew over 8% YoY to Rs 14,646 crore, beating some brokerage estimates, but mixed analyst views and concerns over margins weighed on investor sentiment.
Reliance Industries share price target: What are brokerages saying after Q1 results?
Reliance Industries shares gained after the conglomerate reported better-than-expected June quarter earnings, driven by robust growth across its energy, digital and refining businesses. Brokerages remained bullish on the stock, with several reiterating Buy ratings and raising target prices, citing strong operational performance, improving refining margins and long-term growth prospects across Jio, retail and renewable energy.
Yes Bank shares drop 4% after Q1 results. What are Nuvama, other brokerages saying?
Yes Bank shares fell despite reporting a 34% year-on-year jump in Q1FY27 standalone net profit to Rs 1,071 crore. Net interest income (NII) rose 17.5% YoY to Rs 2,786 crore, but the strong earnings failed to lift investor sentiment.
HDFC Bank shares fall 5% after Q1 results. Should you buy, sell or hold the stock?
HDFC Bank shares fell after the lender reported a 5% year-on-year rise in Q1FY27 standalone net profit to Rs 19,060 crore. Net interest income (NII) increased 7% YoY to Rs 33,534 crore, but the earnings failed to impress investors, triggering a sharp decline in the stock.
Why is market falling today? Sensex drops 600 points, Nifty below 24,200. 4 factors behind the selloff
Indian stock markets traded lower on Monday, impacted by Iran-US tensions. Sensex and Nifty experienced significant declines, reflecting investor concerns over rising oil prices. Tech Mahindra and Bharti Airtel shares saw gains, while Axis and HDFC Bank shares dropped. Broader markets also traded with marginal losses, with private banks leading the decline. Despite the overall […]
ICICI Bank shares rise 3% after Q1 results. Why Bernstein and 4 other brokerages see up to 32% upside
ICICI Bank shares rose 3% after the lender reported strong Q1FY27 results, with net profit growing 15.9% and net interest income rising 12.7%, driven by healthy loan growth and improving asset quality. Following the earnings, Bernstein upgraded the stock to ‘Outperform’ with a target price of Rs 1,800, citing superior growth, resilient margins and strong […]
Oil Price Today (July 20): Crude oil jumps 3%, crosses $90 as US and Iran exchange attacks. $100 in sight?
Brent crude futures rose $2.69, or 3.05%, to $90.79 a barrel, their highest level since June 11. The benchmark extended last week’s rally, when it gained 15.9%, marking its biggest weekly advance since April.
Stock split alert! Last day to buy this smallcap stock that rallied 580% in 3 years. Do you own?
According to SEBI’s T+1 settlement cycle, investors must buy a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action.