Dixon Technologies shares decline 4% despite 156% YoY spike in Q1 profit
Dixon Technologies shares fell despite strong Q1 FY27 results, with PAT surging 156% YoY to Rs 718 crore and revenue rising 25% to Rs 16,076 crore. EBITDA jumped 105% to Rs 991 crore, while profit before tax rose 137% to Rs 869 crore.
Muthoot Finance shares crash 10% after Q1 results. What Motilal, other brokerages said
Muthoot Finance shares tumbled over 10% after the gold loan lender reported slower AUM growth and margin pressure in the June quarter. While brokerages flagged intensifying competition and weaker profitability, they expect gold loan demand to remain healthy, with future performance hinging on margins, gold prices and competitive pricing.
Tata Motors CV shares rise 4% as July sales jump 37% YoY. Nomura expects Iveco to support earnings recovery; check target price
Tata Motors CV rose sharply after the company reported a 37% year-on-year jump in July commercial vehicle sales. While Nomura remains cautious on near-term demand, it expects the Iveco acquisition, cost efficiencies and new product launches to drive earnings recovery over the next two years.
Swiggy shares fall 6% in 2 days despite strong Q1 earnings. Should you buy, sell or hold?
Swiggy shares declined six percent over two days despite reporting strong first-quarter earnings. The company’s net loss decreased by thirty-four percent year-on-year in the first quarter. Revenue from operations increased more than thirty-seven percent year-on-year during the April-June quarter. Analysts offered mixed recommendations, with some maintaining buy ratings and others downgrading the stock. The focus […]
Jio Financial Services shares rise 2% after firm sets record date for dividend. What to expect?
Jio Financial Services shares rose, extending their weekly gains beyond 10%, after the company fixed August 10 as the record date for its Rs 0.60 per share final dividend for FY26. The payout is subject to shareholder approval at the upcoming AGM.
HFCL shares rebound 5% on Rs 523 crore order win. Still time to buy after 195% rally in 6 months?
HFCL shares rose sharply on Monday after the company secured an international order worth Rs 522.73 crore, extending investor optimism around the telecom equipment maker. The stock has rallied 195% in six months, while brokerages remain bullish, citing strong order visibility, AI data centre opportunities and defence-led growth as key long-term drivers.
Blue Dart Express shares surge 7% after Q1 results. Here’s why Nuvama retains Buy, raises target
Blue Dart Express shares jumped nearly 7% after the logistics company reported a strong Q1 FY27 performance, driven by robust profit growth and margin expansion. Following the results, Nuvama retained its ‘Buy’ rating, raised its target price to Rs 7,350, and said the company is well placed to benefit from continued growth in India’s e-commerce […]
GAIL India shares tumble 5% despite Q1 net profit doubling to Rs 4,665 crore. Buy, sell or hold?
GAIL India shares fell 5% despite the Maharatna PSU reporting a near doubling of Q1 FY27 consolidated net profit to Rs 4,665 crore. While JM Financial attributed the earnings beat to one-off gains in gas trading, it retained its ‘Buy’ rating and raised the target price to Rs 210, citing strong medium-term earnings prospects.
Maruti Suzuki shares decline over 2% after Q1. Morgan Stanley, Motilal Oswal decode the road ahead
Maruti Suzuki shares fell over 2% after the automaker reported an 11% YoY decline in June-quarter standalone net profit, even as revenue rose 36% and sales volumes hit a record high. While Nomura retained a Neutral rating citing margin risks, Motilal Oswal reiterated its Buy call, expecting market share gains, easing input costs and strong […]
ITC shares gain 3% after Q1 results. Here’s why Nomura upgraded the stock to Buy
ITC shares rose 2% after the FMCG major reported June-quarter results, despite a 27% YoY decline in standalone net profit. Revenue grew 28%, while Nomura upgraded the stock to Buy, citing an attractive risk-reward profile and potential recovery in cigarette profitability. ITC also warned that imported inflation, a weak monsoon, lower kharif sowing and West […]