As counting begins in Bihar today, traders on Dalal Street are preparing for what could be a volatile session. With the outcome likely to confirm or challenge the ruling alliance’s dominance, markets are preparing for three possible scenarios: a status quo victory for the NDA, a closer-than-expected contest (hung meeting) or an opposition upset. Each […]
Fujiyama Power has announced the price range for its IPO of Rs 828 crore at Rs 216-228 per share. The issue, which opens for public subscription on November 13 and closes on November 17, includes a fresh issue of Rs 600 crore and an offer for sale (OFS) of Rs 228 crore by existing shareholders.The […]
Vodafone Idea (Vi) is expected to post another weak quarter for Q2 2026, with subdued revenue growth as subscriber erosion continues and 5G-related costs weigh on profitability. According to an average of five brokers, Vi’s revenue is likely to grow at around 2% YoY and remain nearly flat sequentially, while losses could narrow to around […]
Bajaj Finance (BAF) is expected to report another stable quarter when it announces its FY26 results, with both earnings and net interest income (NII) likely to grow around 23% year-on-year, supported by robust loan growth, stable margins and healthy asset quality across segments.Estimates from brokers suggest that assets under management (AUM) of the non-banking financial […]
Titan Company Ltd is expected to post strong year-on-year profit growth for the July-September quarter (Q2 FY26), helped by a low base and stable performance in its core businesses. According to an average of six brokers, consumer giant Tata Group’s revenue is expected to grow about 10% year-on-year, while net profit could rise 38%, helped […]
Motilal Oswal Financial Services Ltd (MOFSL) reported a 68% year-on-year (year-on-year) decline in consolidated net profit at Rs 362 crore. However, the company’s operating profit rose to Rs 554 crore, while half-year profit for FY26 stood at Rs 1,088 crore, up 11% year-on-year. Revenue from operations fell 35% year-on-year to Rs 1,849 crore. Healthy asset […]
Shares of Dixon Technologies fell as much as 3.2% to Rs 16,150 on the BSE on Monday despite reporting a strong quarterly profit. Analysts from Motilal Oswal and JM Financial said the results confirmed the company’s growth trajectory, but warned that near-term margin pressure and the surge in new components could challenge near-term earnings. Dixon […]
While the five-day Diwali festival begins with Dhanteras, the day holds immense significance for millions of Indians who consider this as the most auspicious time to buy gold and silver. Dhanteras is celebrated on the Trayodashi Tithi (13th day) of Krishna Paksha in the Hindu month of Kartik and is marked by prayers to Lord […]
Shares of Persistent Systems have risen 8% in the three trading sessions since the company reported second-quarter results on Oct. 14. The mid-sized IT exporter reported better-than-expected sequential revenue growth, operating margin expansion and record order booking for the September quarter. A recovery in the healthcare sector and a quarterly postponement of the salary review […]
Indian online delivery companies Eternal and Swiggy could see profit margins improve slightly in the second quarter, analysts said, after at least a year of mounting losses in their high-speed commerce businesses due to higher costs. Eternal’s Blinkit, Swiggy’s Instamart and start-up Zepto have emerged as the top players in India’s booming high-speed commerce sector, […]