A software developer sought temporary WFH after surgery during his notice period. His HR rejected the request, sparking a debate over employee rights.
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A software developer sought temporary WFH after surgery during his notice period. His HR rejected the request, sparking a debate over employee rights.

Broader markets also reeled under selling pressure, with the Nifty Smallcap 100 and the Nifty Midcap 100 indices falling half a percent each.

Welspun Living reported an 83.6% surge in Q1FY27 consolidated net profit to Rs 160.7 crore from Rs 87.55 crore in the year-ago period. The company's revenue grew 23.7% to Rs 2,795.4 crore from Rs 2,260.5 crore, year-on-year (YoY).

ICICI Securities believes the stronger growth trajectory and improving profitability justify Honasa's higher earnings estimates and valuation.

Behari Lal Engineering IPO closes today, with the issue subscribed over 14 times and GMP at Rs 80, signalling a potential 28% listing premium.

Ebitda margin contracted 160 basis points to 12% from 13.6% a year ago. Investors are tracking whether strong revenue growth can translate into better profitability and margins.

To prevent further growth of unauthorised colonies, the plan proposes disincentives such as higher property tax, electricity and water charges for illegal construction.

Shiprocket IPO entered its final subscription day with the issue subscribed over 6 times, while GMP signals a potential 37.63% listing gain.

The company has scheduled a board meeting on Aug. 14 to consider and approve the unaudited financial results for Q1FY27.

Macquarie maintained its Outperform' rating on Tata Motors PV with a target price of Rs 381. The brokerage said margins were disappointing and near-term risks persist.