Kalpataru Projects International has added about ₹3,526 crore of fresh orders across power transmission, industrial EPC and residential projects, taking its FY27 order intake beyond ₹11,000 crore. The latest wins strengthen its domestic T&D exposure and come shortly after the…
Kuunal Shah, fund manager at Carnelian Asset Management & Advisors, expects aggregate earnings growth of 14%-15% across the broader Nifty 500 universe in 2027 and 2028, providing a strong foundation for the market’s recovery.
The Sensex slipped 71 points to 78,009, while the Nifty fell 30 points to 24,366. The Nifty Bank gained 144 points to 57,491, while the Midcap index rose 339 points to 63,782.
Ashok Leyland’s board approved investments of up to ₹850 crore in Optare Plc and Hinduja Housing Finance. The company also reported its first quarter earnings on Friday.
Alkem Laboratories MD Sandeep Singh said the company had started FY27 on a steady note, with healthy growth across its India and international businesses. He said the India business continued to outperform the market, while growth in non-US international markets…
Bharat Dynamics posted a sharp improvement in its June-quarter performance, with profit rising more than six-fold and revenue more than doubling year-on-year, while the defence manufacturer swung to an EBITDA profit.
Natco Pharma shares fell sharply after weak Q1 earnings, with profit down 57% to Rs 206.5 crore. The board approved raising up to Rs 2,000 crore.
Hyderabad-based Nava reported a softer June quarter, with profit and operating earnings declining despite a modest rise in revenue. The energy business remained the company’s biggest revenue contributor, though its segment profit fell year-on-year.
As per the company’s management, its FY27 new hospital earnings before interest, taxes, depreciation and amortization (EBITDA) loss is guided at ₹140 crore to ₹150 crore and is unchanged from its March quarter call.
Transformers & Rectifiers India has received a Letter of Intent worth ₹100-500 crore from APTRANSCO for manufacturing transformers and related works, with delivery scheduled over the next 13 months.