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Sun Pharma remains on track to expand its innovative medicine portfolio through enhanced marketing efforts on new launches, increasing the prescriber base the prescription rate for existing products, adds the brokerage.
Maruti Suzuki shares snapped a six-day gaining streak after its June-quarter profit and Ebitda declined, while brokerages flagged higher commodity costs and other expenses. July sales rose 33.4% year on year.
Persistent Systems reported a consolidated net profit of Rs 483 crore, down 8.7% sequentially from Rs 529 crore, missing analyst estimates that had pencilled in growth.
Muthoot Finance shares fell over 14% after reporting a 38.8% year on year rise in Q1FY27 consolidated profit to Rs 2799 crore.
The brokerage said Urban Company has emerged as a re-rating candidate, supported by a structural improvement in growth across its India consumer services business, excluding Instahelp, as well as its international operations.
Ashok Leyland, Bajaj Auto, and TVS Motor reported double-digit growth in July vehicle sales, driven by strong demand in commercial vehicles, two-wheelers, exports, and electric vehicles.
The market regulator has barred Zee Entertainment from accessing the securities market for two months and imposed a Rs 30 lakh penalty.
Blue Dart Express Shares Surge 7% As Q1 Net Profit Rises Over 80%
Directed by Aakash Baskaran, the film was titled 'Idhayam Murali' as a tribute to Atharvaa's late father, actor Murali, and his iconic 1991 film 'Idhayam'.
MV Electrosystems IPO GMP signals a 27% listing gain, while Juniper Green Energy trades near issue price ahead of the final day of bidding.
