Nifty Outlook for August 6: Index eyes 24,800 as results season nears finish line
Analysts expect resistance around the 24,800 level for Nifty, while the 24,400-24,300 zone is likely to provide immediate support on any decline.
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SIS Q1 Results: Revenue climbs 30%, board approves ₹106 crore share buyback
SIS reported a steady June quarter, with revenue climbing nearly 30% and profit improving on the back of broad-based growth across its security businesses. The…
Cummins India Q1 mixed as revenue beats, margin disappoints; MD to exit
Cummins India reported a mixed June quarter, with revenue beating Street estimates but profit and margins falling short as operating costs weighed on performance. The…
Biocon Q1 Results: Net profit jumps over four-fold as biopharma business drives growth
Bicon’s Biopharma business continued to be the key growth driver during the quarter, with revenue rising 17% year-on-year to ₹3,615 crore. Biosimilars revenue grew 16%…
Aster DM Healthcare Q1 profit plunges 81% despite strong revenue growth; merger drives expansion
Aster DM Healthcare reported a sharp decline in June-quarter profit due to a high base effect, even as revenue and operating profit grew strongly on…
Dow futures rise over 200 points as Trump signals Hormuz deal; SpaceX, AMD slide
Dow Jones and S&P 500 futures edged higher on Wednesday as investors weighed fresh corporate earnings and monitored developments around a possible US-Iran agreement to…
PB Fintech Q1 Results: Policybazaar parent’s profit nearly doubles as margin expands
PB Fintech reported a strong June quarter, with profit nearly doubling and revenue rising 40% as growth across its insurance and credit businesses gathered pace.…
Bondada Engineering Q1 profit rises 38% as revenue grows; margins remain under pressure
Bondada Engineering reported a 38% year-on-year rise in June-quarter net profit, supported by revenue growth across its engineering and infrastructure businesses. However, EBITDA margins narrowed…
Motilal Oswal sees private banks delivering 18-20% earnings growth in FY27
Nitin Aggarwal, Head – BFSI Research, Institutional Equities at Motilal Oswal Financial Services (MOFSL) remains positive on ICICI Bank, HDFC Bank and SBI, while favouring…
Novelis Q1 profit jumps 71% as Hindalco arm gains from aluminium demand, cost savings
Hindalco Industries’ US-based aluminium subsidiary Novelis reported a 71% rise in first-quarter net profit, helped by higher aluminium prices, cost efficiencies and strong demand for…