Power Grid shares fell more than 3% after the state-run power transmission company reported a marginal decline in the June-quarter net profit.
Set as Trusted Source
on Google Search
'Search' - 1,000 News Result(s)
Power Grid shares fell more than 3% after the state-run power transmission company reported a marginal decline in the June-quarter net profit.
According to NASA, a combination of solar activity and gravitational forces prompted the unplanned impact.
Navin Fluorine International remained in focus after IDBI Capital said the specialty chemicals maker is well-positioned for future growth, driven by robust momentum across its High Performance Products (HPP), Specialty Chemicals and CDMO businesses.
Goldman Sachs said the company's execution challenges are likely to ease soon, with Tejas Mk1A deliveries expected to commence from September 2026 and GE Aerospace's engine supplies likely to become more streamlined during FY27.
The scrip has risen 35.19% year-to-date and 49.16% in the last 12 months. Out of 28 analysts tracking the company on Bloomberg, 19 recommend buying its shares, five have a 'hold' call, and four suggest selling it.
The stock was trading around Rs 3,063 after closing at Rs 3,129 in the previous session. Over the past month, Trent has declined more than 8%, giving up much of the momentum it had built earlier this year.
Three top brokerages, three different calls on India: Morgan Stanley sees the de-rating as cyclical, HSBC counts on FII flows to reverse, BofA flags multiple risks that could still derail the rally.
Chandigarh businessman Arun Gupta alleged he invested in the business due to Salman Khan's association with the Being Human brand, but the promised promotional support never materialised.
Neuland Laboratories shares climbed as much as 7% after the drugmaker reported a more than 10-fold rise in Q1 net profit to Rs 147.7 crore
Track MV Electrosystems' stock market debut with live updates on listing price, share price, premium, GMP, market reaction and expert views.