$48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?
Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oil prices surging above $100 a barrel amid US-Iran hostilities. Their combined cash generation hit a record $90 billion, surpassing levels seen after Russia’s 2022 invasion of Ukraine. The bumper profits also […]
Sensex closes almost flat, Nifty ends above 24,580. What lies ahead?
Indian stock markets closed nearly unchanged as strong earnings countered Middle East worries. The Sensex and Nifty saw minimal gains while broader markets showed mixed performance. Titan shares led Sensex gainers, while SBI shares experienced a notable decline. Geopolitical uncertainty tempered risk appetite, though corporate results offered support. Analysts suggest a cautious technical outlook within […]
Cupid shares fall 2% even as Q1 profit jumps 3x. What’s ahead for multibagger stock that rose 680% in a year?
Cupid shares fell on Monday despite a threefold rise in Q1 FY27 profit to Rs 44 crore, as revenue surged 159% and EBITDA jumped 265%. The multibagger stock has gained 150% in 2026 and 683% over the past year. The company has also raised its FY27 revenue and profit guidance.
Aarti Pharmalabs shares hit 20% upper circuit as Q1 net profit surges 65% YoY to Rs 76 crore
Aarti Pharmalabs shares hit the 20% upper circuit after the company reported a 65.4% year-on-year rise in Q1 FY27 net profit to Rs 76.14 crore. Revenue surged 38.7% to Rs 535.79 crore, while the company also approved a Rs 149-crore capex plan to expand manufacturing capacity.
Hitachi Energy jumps 7% after Q1 results. Here’s why Nomura initiated coverage on stock
Hitachi Energy India shares jumped over 7% after the company reported a 123.5% YoY rise in Q1 FY26 profit. Nomura initiated coverage with a Buy rating and Rs 40,030 target, citing strong order inflows, rising T&D demand and multiple growth opportunities.
Dynamatic Technologies shares soar 9% after Q1 profit jumps 93% YoY to Rs 21 crore; outlook stays strong
Dynamatic Technologies shares surged 12% after the company reported a near-doubling in Q1 FY27 net profit to Rs 20.79 crore. Revenue rose 14.5% year-on-year to Rs 424.81 crore, while EBITDA jumped 45.9% to Rs 55.11 crore. EBITDA margin expanded 280 basis points to 13%, with EBIT rising 83.7% and EBIT margin improving 310 basis points.
PFC shares tumble 5% to 4-month low after weak Q1 earnings. Why Motilal Oswal still recommends Buy
PFC shares fell over 5% after the company reported a 2% YoY rise in Q1 FY27 consolidated net profit to Rs 7,012 crore. Motilal Oswal retained its Buy rating but cut its target price to Rs 500, citing lower loan growth and margin pressure.
Paytm shares jump 5% after Bernstein assigns target price above IPO price for first time
Paytm shares rallied after Bernstein raised its target price to Rs 2,200, implying 52% upside, while retaining an Outperform rating. The target is the highest on the Street and the first above Paytm’s Rs 2,150 IPO price, with Bernstein factoring in UPI MDR from FY28.
Titan shares gain 2% after Q1 results. What are Citi, Motilal, two other brokerages saying?
Titan shares gained 2% after the company reported a 63% YoY rise in Q1 profit. Citi and Motilal Oswal retained their Buy ratings, while Nuvama downgraded the stock to Hold and Emkay maintained Add. Here’s what the four brokerages recommend.
SBI shares rise nearly 2% after Q1 beat. Here’s what Nomura, Morgan Stanley and other top brokerages expect next
SBI shares gained 1.55% after the lender reported a 10% YoY rise in Q1 FY27 standalone net profit to Rs 21,121 crore, beating Street estimates. Net interest income rose 15% to Rs 46,992 crore, while operating profit increased 10%. Domestic NIM improved to 3%, while whole-bank NIM rose 5 bps sequentially to 2.86%.