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 […]
Positive Breakout: These 11 stocks cross above their 200 DMAs
In the Nifty500 pack, 11 stocks’ closing prices crossed above their 200 DMAs (Daily Moving Averages) on August 4, 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 […]
Milky Mist IPO price band fixed at Rs 133-140 for Rs 1,553-crore IPO; issue opens on August 11
Retail investors can apply for a minimum of one lot comprising 107 equity shares, and in multiples thereafter. At the upper end of the price band, the minimum investment required is Rs 14,980.
Indian Bank raising $400 million in overseas loan; syndication underway
Indian Bank has embarked on a significant financial undertaking by securing a four-year loan worth $400 million, underwritten by CTBC of Taiwan and Commerzbank of Germany. The pricing for this loan ranges from 119 to 123 basis points over the SOFR rate. Currently in syndication, this initiative opens the door for additional banks to participate, […]