Inside 11-quarter high earnings pomp, 46 companies may wipe out up to 81% of their Q2 profits
At least 46 companies are expected to report double-digit profit declines in Q2, despite Motilal Oswal projecting 22% earnings growth for its coverage universe. Autos, cement, healthcare, consumer and capital goods are among sectors facing pressure, highlighting the uneven nature of the September-quarter earnings recovery.
Vedanta dividend alert! Anil Agarwal-led firm announces Rs 5/share interim dividend for FY27. Check record date
Vedanta dividend 2026: Vedanta has announced its first interim dividend of Rs 5 per share for FY27, with a total payout of Rs 1,955 crore. The dividend comes after the company’s mega demerger earlier this year. Investors will need to hold Vedanta shares by October 14 to qualify, with October 13 being the last buying […]
Jubilant FoodWorks shares fall 4% despite Q2 revenue growth of 12% YoY
Jubilant FoodWorks reported 11.9% YoY growth in consolidated Q2FY27 revenue to Rs 26,087 million, while standalone revenue rose 11.6%. Domino’s India posted 4.1% LFL growth, and the company added 108 stores, taking its network to 3,820. Shares gained 2.42% amid investor focus on demand, sales growth and expansion.
Senco Gold shares gain 6% on strong Q2 business update; revenue rises 31% YoY
Senco Gold shares rose after the jewellery retailer reported a strong Q2FY27 business update. The company said demand remained robust, driven by festive buying, steady jewelleryconsumption and risingpreference for lightweight jewellery, despite elevated and volatile gold prices.
Ola Electric shares drop 4% as EV maker plans Rs 1,000 crore rights issue
The company’s board approved the terms of the rights issue at its meeting held on Wednesday, October 7, following the in-principle approvals received from BSE and NSE on October 6.
Adani Enterprises shares fall 4% despite getting CARE Ratings upgrade to AA; stable
CARE Ratings also reaffirmed the company’s short-term rating at CARE A1+. Adani Enterprises said the upgrade “serves as an independent validation of AEL’s disciplined capital management and tight fiscal prudence”.
Vishal Nirmiti shares list at 2% discount over IPO price on NSE, BSE
On October 8, Vishal Nirmiti made a subdued debut in the stock market, listing below the issue price. This IPO, amounting to Rs 178 crore, included both a fresh issue and an offer for sale. Subscription rates were notably high among retail and non-institutional investors. Proceeds from the IPO are set to support working capital […]
PCBL Chemical rises 25% on supply, export and earnings hopes
PCBL Chemical has seen a 25% stock increase due to anticipated higher carbon-black prices. The company expects improved export prospects and a recovery in earnings. It has shifted some export volumes to the domestic market for better pricing. Management anticipates cost savings from various optimizations and a significant increase in Ebitda. Analysts have upgraded the […]
Gold edges higher after hitting a two-month low
Gold prices are on the rise, up by 0.4% after a dip earlier this week. Investors are closely monitoring the upcoming interest rate decisions from the US Federal Reserve, with an 18% probability of a hike this month and 80% in December. Heightened geopolitical tensions in Saudi Arabia and persistent global economic challenges are also […]
What will happen to economy if India-US FTA doesn’t happen? RBI Governor reveals
“The impact depends on to what extent tariffs are going to be applied. So, it’s premature to answer. But obviously it will have some negative impact,” Malhotra said during the post-monetary policy press conference in response to a query on the impact on the economy if the trade deal with the US fails to materialise. […]