Shares of LIC Housing Finance dropped over 3%, trading near Rs 526, amid a fall in total income and interest income in Q1FY27.
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Shares of LIC Housing Finance dropped over 3%, trading near Rs 526, amid a fall in total income and interest income in Q1FY27.
Mankind Pharma reported a 29% rise in June-quarter profit and revenue above Rs 4,000 crore, but its shares fell more than 5% after the earnings announcement
The correction comes after a strong run for Indian IT stocks over the past month. Infosys had rallied nearly 11% over the previous seven sessions, while TCS had gained almost 8%.
Track Q1 FY27 earnings live as Maruti Suzuki, ITC, Dixon Technologies, Sun Pharma, Bajaj Finserv, IOCL and 100+ firms announce June quarter results, guidance and key updates.
Mahanagar Gas shares rose more than 3% after the company reported a 49% sequential rise in Q1FY27 net profit.
The sharp decline followed a weak first-quarter performance. Thermax's consolidated net profit plunged 83.4% year-on-year to Rs 25.2 crore from Rs 152.4 crore.
Tesla CEO Elon Musk dismissed a report on the company's China business as "fake news".
Sun Pharma Q1 FY27 results are due today. Track earnings time, dividend updates, earnings call schedule, key metrics to watch and share price movement.
Motilal Oswal believes the company remains well-positioned to benefit from the premiumisation trend in India.
Mumbai's seven lakes are 88.58% full as BMC data shows reservoir levels near last year's mark, while IMD issues a yellow alert for rain.