Bajaj Electricals shares surge after Q1 operating margin more than doubles and Consumer Products returns to profit; analyst consensus target indicates 3% downside.
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Bajaj Electricals shares surge after Q1 operating margin more than doubles and Consumer Products returns to profit; analyst consensus target indicates 3% downside.
Kolte-Patil Developers climbed around 9% on Thursday, after the company announced six redevelopment projects in the Mumbai Metropolitan Region worth around Rs 6,000 crore, strengthening its future development pipeline.
Track Q1 FY27 earnings live as LIC, Trent, Hero MotoCorp, Britannia, Lupin and 160+ firms announce June quarter results, guidance and key updates.
Mazagon Dock Shipbuilders shares led the gains with 8.5% rally, while Cochin Shipyard stock price gained 5.96%, and Garden Reach Shipbuilders & Engineers (GRSE) shares surged as much as 5.35%. The rally in defence stocks lifted the Nifty India Defence index by 3.27%, with Mazagon Dock Shipbuilders shares being the top gainer.
The reported threat comes amid growing concerns over Zeeshan Siddique's safety following his father's killing.
At the operating front, earnings before interest, tax, depreciation and amortisation (Ebitda) surged 27.8% YoY to Rs 533 crore in Q1FY27, from Rs 417 crore in Q1FY26.
A car crash in Jhansi, Uttar Pradesh, resulted in two deaths and three injuries, including Aban Ahmed, son of mafia figure Atiq Ahmed.
The report states that the gang has demonstrated the use of Canada's immigration programmes, particularly student and work permits, for criminal purposes.
Firstsource Solutions shares fell 14.51% to Rs 290.20 amid mixed Q1FY27 results, with a 16.95% decline over 12 months and trading volume at nearly four times the 30-day average.
The stock has risen 86.86% year-to-date and 28% in the last 12 months.