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%.
Yen’s slide to weekly loss prompts bets for another intervention
The Japanese yen is facing its steepest drop in three months, prompting traders to expect more government action to support its value. Key to this situation is the Bank of Japan’s position on interest rates, which directly impacts yen stability. Additionally, rising oil prices and geopolitical tensions in the Middle East are shaping the global […]
Positive Breakout: These 10 stocks cross above their 200 DMAs
In the Nifty500 pack, 10 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on August 13, 2026, according to stockedge.com’s technical scan data. Traders use the 200-day daily moving average (DMA) as a key indicator to determine a stock’s overall trend. As long as the stock is priced above the 200-day SMA […]
Global Market Today: Asian stocks advance, crude oil holds decline
Asian stock markets experienced a notable rise as easing US inflation rates and declining oil prices alleviated concerns regarding potential interest rate hikes. South Korea’s Kospi Index surged, reflecting a positive trend seen in US technology shares. In the US, wholesale inflation dropped more than expected, impacting Treasury yields, while Federal Reserve officials expressed differing […]
Zetwerk files updated IPO draft papers to raise Rs 2,600 crore
The Bengaluru-based company had received Sebi approval on July 10 for its IPO, clearing the way for one of the largest listings by a new-age manufacturing company. It had submitted its pre-filed DRHP through Sebi’s confidential filing route in late March.
Top FPIs ride out storm, outrun Nifty & Sensex in Q1
During the June quarter, leading international funds encountered remarkable gains within Indian equities, significantly boosting their reported portfolio values. This strong performance exceeded that of key Indian stock market indices, primarily driven by astute investments in mid- and small-cap companies, reinforcing India’s reputation as a promising landscape for discerning stock pickers.
GIC Re reports 9.7% profit jump to Rs 1,922 crore driven by improved claims and underwriting
General Insurance Corporation of India has announced a notable profit increase of 9.7 percent, attributed to enhanced performance in claims management and underwriting. The company reported an 8.8 percent year-on-year rise in gross premium income. Furthermore, the incurred claims ratio saw a significant enhancement, reflecting improved cost efficiency, while GIC Re’s combined ratio also indicated […]
Karnataka HC quashes ED money laundering case against Sammaan Capital
The Karnataka High Court has quashed ED money-laundering proceedings against Sammaan Capital, formerly Indiabulls Housing Finance, ruling that the case could not continue after its underlying predicate offences ceased to sustain the allegations.