Navin Fluorine shares surge 8% after Q1 profit more than doubles. Should you buy, sell or hold?
Navin Fluorine shares surged nearly 8% after the company posted a strong Q1FY27 performance, with profit more than doubling and revenue rising 44% YoY. Elara Securities retained its ‘Buy’ rating and Rs 9,158 target, citing robust growth in refrigerants, specialty chemicals and CDMO, along with a strong expansion pipeline that supports long-term earnings visibility.
HAL shares jump over 6%, extend gains for second straight session. What did its annual report reveal?
HAL shares surged over 6% after the company’s annual report highlighted a robust order book of Rs 2.55 lakh crore for FY26, offering 7-8 years of revenue visibility. The defence major expects growth to accelerate through supply chain stabilisation, capacity expansion, infrastructure investments, and faster production ramp-up of key platforms, supporting its long-term growth outlook.
Sterlite Tech shares gain 4% on Rs 1,760 crore international order win
Sterlite Technologies shares saw an upswing on Thursday after the company secured a Rs 1,760 crore international order for high-density optical fibre cables. The three-year contract strengthens its global order book, enhances revenue visibility, and comes amid rising worldwide investments in telecom networks, fibre connectivity, AI infrastructure and digital infrastructure expansion.
Neuland Laboratories shares jump over 6% after 975% YoY surge in Q1 profit
Neuland Laboratories shares rose sharply on Thursday after the drugmaker reported a 975% year-on-year surge in Q1 FY27 profit to Rs 147.4 crore. Revenue more than doubled, while EBITDA jumped 448%, driven by strong commercial product sales and encouraging performance across its CMS and GDS businesses.
Cummins India shares fall over 4% as Q1 net profit dips 8% to Rs 543 crore. Buy, sell or hold?
Cummins India experienced a decline in shares following an eight percent dip in profits for the June quarter. In contrast, revenues surged with an impressive eighteen percent increase compared to last year. With managing director Shveta Arya set to depart by the end of August, analysts express varied opinions, highlighting robust demand while raising concerns […]
Juniper Green Energy shares list at 9% premium over IPO price
Juniper Green Energy shares debuted with a nine percent premium over their initial public offering price. The company plans to use most of the IPO funds for significant debt reduction. This strategic move aims to strengthen its financial position and lower borrowing costs. Juniper Green Energy reported healthy financial performance with increased revenues and profits. […]
MV Electrosystems shares list at 22% premium over IPO price on NSE, BSE
MV Electrosystems debuted on the NSE and BSE at a 22% premium over its IPO price after its public issue was subscribed 188.85 times. While the strong listing reflected robust investor demand, analysts advised caution, citing the company’s FY26 loss and concerns over profitability and related-party transactions.
South Korea’s Kospi tumbles 5% after 2-day rally, angry retail investors vow not to invest again
South Korea’s benchmark Kospi extended its sharp decline on Thursday as a global technology selloff dragged heavyweight chipmakers Samsung Electronics and SK Hynix lower. The slump has intensified losses for retail investors and raised concerns over market concentration, while policymakers and analysts assess the outlook for the country’s equity market.
LG Electronics, APL Apollo Tubes among 7 mid & smallcap picks by Axis Securities for August
Axis Securities has identified 7 mid and smallcap stocks for August. These selections offer potential upside and are based on company growth prospects. Dalmia Bharat and LG Electronics are among the recommended midcap companies. APL Apollo Tubes and Ujjivan Small Finance Bank also feature in this list. Minda Corporation and Healthcare Global Enterprises complete the […]
Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?
Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-Iran peace treaty, which could enable access to the key Strait of Hormuz. While experts expect oil prices to stabilize with an uptick in supply, ongoing disruptions in essential shipping routes present potential risks for upward price […]