Nuvama Wealth Q1 Results: Profit grows 19% to Rs 264 crore
Nuvama Wealth Management on Thursday said its consolidated profit after tax (PAT) rose 19 per cent to Rs 264 crore in the April-June period of the current fiscal.
Vishal Mega Mart shares surge 8% after Q1 profit jumps 37% YoY
Vishal Mega Mart’s shares experienced a surge following the announcement of robust first-quarter FY26 results. The company’s Profit After Tax (PAT) witnessed a substantial 37.2% increase, reaching Rs 206.10 crore, while revenue from operations grew by 21% to Rs 3,140.30 crore. This impressive performance reflects the strength of their strategy in providing affordable products to […]
Jubilant Foodworks shares rally 5% after Q1 PAT grows 60% YoY, but brokerages trim targets. Here’s why
Jubilant Foodworks shares: The company posted a robust 59.8% year-on-year jump in profit after tax (PAT) for Q1 FY26, reaching Rs 97.2 crore. The PAT margin expanded by 115 basis points to 4.3%. Quarterly revenue climbed 17% year-on-year.
Paytm shares up 17% so far in 2025. Should you ride the rally or wait for a dip?
Paytm’s stock has experienced a significant surge in 2025, fueled by a recent RBI approval and a profitable first quarter. Analysts suggest potential for further gains, with targets ranging from Rs 1,220 to Rs 1,400. However, some caution that the rally may be overextended, advising investors to consider potential pullbacks as buying opportunities, while being […]
Muthoot Finance shares hit 10% upper circuit on posting 65% YoY growth in Q1 profit
Muthoot Finance shares: Muthoot Finance’s shares surge following strong Q1 FY26 results. The company reports a significant 65% year-on-year increase in net profit. Loan assets under management reach a record high. The company crosses a market capitalization of Rs 1 trillion. George Jacob Muthoot expresses confidence in sustaining growth. The company focuses on digital transformation […]
JSW Cement shares fall over 5% post market debut. What should investors do?
JSW Cement debuted on the bourses at a 4% premium but quickly slid over 5% from its opening price, despite strong IPO demand and higher-than-expected grey market premiums. Analysts cite rich valuations and recent losses as near-term headwinds, though long-term prospects remain supported by capacity expansion and infrastructure growth.
For risk-averse investors, SIPs in government bonds as close to a guaranteed return as one can get: Shweta Jain
For risk-averse investors seeking short-term options, bond SIPs through the RBI Retail Direct platform offer near-guaranteed returns backed by the Indian government. These investments, with maturities ranging from three months to a year and a minimum investment of Rs 25,000, are ideal for parking funds intended for short-term needs, providing a safe alternative to traditional […]
Technology to drive consolidation in broking and asset management: Saurabh Mukherjea
Saurabh Mukherjea of Marcellus Investment Managers anticipates profit margin compression in the AMC sector due to increased competition. He suggests potential US tariffs on India are negotiation tactics, expecting a 20% rate post-Russia-US deal, benefiting India’s position against China. Mukherjea highlights tech disruption in broking and asset management, citing Zerodha and Groww’s success.
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an alternative to scheduled bank deposits.
Jubilant Foodworks Q1 Results: Domino’s India operator beats St view with 63% YoY surge in profit at Rs 91 crore on strong delivery demand
Domino’s India operator Jubilant Foodworks beat first-quarter profit estimates by a wide margin on Wednesday as lower-priced menu items and free deliveries bolstered demand even as other fast-food franchisees struggled.