Explained: Why Balrampur Chini, Dhampur Sugar, Dalmia Bharat & other sugar stocks are up 12% in 2 days
Sugar stocks rallied for a second session on Friday as domestic sugar prices climbed 8-10% over the past month to a seven-year high. Rising global prices, supply concerns in Brazil and Thailand, higher ethanol demand and expectations of tighter Indian exports have strengthened the outlook for sugar producers.
Sammaan Capital shares fall 4% after Q1 profit declines 27% to Rs 243 crore, revenue drops 31%
Sammaan Capital reported a 27% YoY decline in consolidated profit to Rs 243 crore in Q1FY27, while revenue from operations also fell. The company reported Rs 56,239 crore in AUM and Rs 3,875 crore in disbursements, with plans to accelerate growth and reduce funding costs.
Jubilant Foodworks shares rally 6% after Q1 results; Bernstein sees Popeyes as strong growth driver. Should you buy?
Jubilant FoodWorks shares rose to Rs 521 after Q1 FY27 revenue increased 14% year-on-year to Rs 2,570 crore, while EBITDA grew 10% to Rs 360 crore. Domino’s India posted 2.5% LFL growth, while Popeyes delivered 97% revenue growth. Bernstein and Motilal Oswal retained positive ratings, citing Popeyes momentum and prospects for improved margins and growth.
Galaxy Surfactants shares hit 20% upper circuit as Q1 profit more than doubles YoY to Rs 166 crore
Galaxy Surfactants shares hit a 20% upper circuit after the company reported a 109% year-on-year jump in Q1FY27 net profit to Rs 165.9 crore. Revenue rose 38.5%, while EBITDA surged 87% to a record Rs 252.5 crore, supported by stronger volumes, product mix and speciality care demand.
Welspun Living shares rally 11% after Q1 profit jumps 85% YoY. Should you buy, sell, or hold?
In a notable rise, Welspun Living shares gained traction following the announcement of solid Q1FY27 earnings, showcasing an eighty-five percent increase in profit year-on-year and a twenty-four percent boost in revenue. Financial experts, including those from Motilal Oswal and JM Financial, have reiterated buy recommendations, forecasting ongoing revenue and margin improvements. Significant contributions are expected […]
LG Electronics shares jump 5% after robust Q1 earnings. What are Jefferies, other brokerages saying?
In the first quarter of FY27, LG Electronics India showcased impressive profit growth alongside significant operational revenue increases from April to June. The surge stemmed from robust demand for premium products across various categories. Analysts remain optimistic, highlighting the company’s solid earnings potential and market stance, bolstered by strategic investments focused on enhancing manufacturing and […]
Brokerages initiate coverage on Vedanta Aluminium, Kalyan Jewellers, 3 other stocks with up to 36% upside
Multiple brokerages have begun analyzing selected Indian stocks, anticipating considerable growth in the future. Jefferies has given Kalyan Jewellers a Buy rating with a specific target price. Similarly, Systematix Institutional Equities has rated Vedanta Aluminium as a Buy, while ICICI Securities placed Add ratings on Canara Bank and Bank of Baroda. Nuvama has set a […]
Honasa Consumer shares jump 4% after record Q1; Jefferies, Emkay forecast strong upside
Honasa Consumer’s shares rose after Q1FY27 PAT surged 116.5% YoY to a record ₹90 crore, while revenue grew 27% to ₹756 crore and EBITDA jumped 141% to ₹110 crore.
Sensex falls 300 points, Nifty below 24,350. Here’s why analysts see range-bound trade
Indian stock markets opened lower on Friday, with Sensex falling over 300 points and Nifty declining 68 points, remaining range bound despite stable oil prices near $87 a barrel. Metal and auto stocks led losses, while broader markets stayed muted. Market breadth remained positive, with advances outnumbering declines on NSE.
Tata Motors PV shares fall 5% after weak Q1 results. What are Morgan Stanley, Nomura, others saying?
Tata Motors’ Q1 FY27 net profit plunged 80% YoY to ₹775 crore due to supply disruptions, Middle East tensions and Jaguar’s wind-down, while revenue rose 9% to ₹95,799 crore and EBITDA margin narrowed to 7.4%.