Stocks in focus: Kajaria gets an upgrade, while Sun Pharma, Maruti Suzuki, Bajaj Finserv and Niva Bupa retain positive ratings
Set as Trusted Source
on Google Search
'Search' - 1,000 News Result(s)
Stocks in focus: Kajaria gets an upgrade, while Sun Pharma, Maruti Suzuki, Bajaj Finserv and Niva Bupa retain positive ratings
Vote counting began for assembly by-elections in Bankipur, Bihar, Manjalpur, Gujarat, and Datia, Madhya Pradesh, testing BJP and Congress electoral strength.
Godfrey Phillips climbed as much as 6.39% to an intraday high of Rs 2,270.90 on the BSE, while ITC gained up to 4.11% to Rs 292.50 apiece.
Shares of MobiKwik Systems rose over 6% after reporting Q1FY27 net profit of Rs 7.6 crore, up 76 point 7% quarter on quarter.
Consolidated net profit rose 76.7% quarter-on-quarter to Rs 7.6 crore from Rs 4.3 crore in the March quarter. Revenue from operations, however, declined 2.5% sequentially to Rs 281 crore, compared with Rs 289 crore in the previous quarter.
At the operating level, earnings before interest, tax, depreciation and amortisation (EBITDA) rose 63.4% year-on-year to Rs 48.2 crore from Rs 29.5 crore. However, the EBITDA margin narrowed to 36.4% from 48.1% a year earlier.
LIC Housing Finance's disbursements increased 14.5% YoY to Rs 15,000 crore, while assets under management growth continued to be subdued at 4% YoY, with FY27 loan growth guidance trimmed to 8-10% vs low double digits guided before, highlights the brokerage.
Q1 Results Live Updates: Track Q1 FY27 earnings live as IREDA, Torrent Power, DLF, UPL, Ather Energy, CAMS, Jindal Stainless and 80+ firms announce June quarter results, guidance and key updates.
ITC's cigarette EBIT fell 35% in Q1FY27 after a sharp tax reset, but Nomura, Jefferies and Kotak have all turned buyers, betting on volume resilience and a margin recovery through the year
A Delhi court acquitted former BJP MP Brij Bhushan Sharan Singh in a sexual harassment case filed by women wrestlers.