AFLOAT ENTERPRISES LTD Q2 RESULTS
Stocks in news: Bharti Airtel, Happiest Minds Technologies, PVR INOX, Milky Mist Dairy and Mankind Pharma
Indian equity markets ended lower on August 31, responding to prevailing global economic dynamics. A modest decline in the Nifty50 index brought it below essential moving averages. Key corporate updates emerged, including major merger announcements and buyback initiatives from Happiest Minds Technologies and PVR INOX. Milky Mist Dairy showed remarkable profit growth, whereas E2E Networks secured a vital contract.
In 2009, Montana's Big Hole staff began monitoring an invasive plant threatening native habitat. 17 years later, spotted knapweed estimates stood at just 8% of its 2012 peak, showing strong control
Long-term monitoring and control efforts have significantly reduced spotted knapweed at Big Hole National Battlefield in Montana. Monitoring began in 2009 after the invasive plant threatened native habitat and other natural and cultural resources. The infestation reached its peak in 2012 on the Howitzer Hill and Horse Pasture slopes. Between 2013 and 2018, efforts by the Northern Rocky Mountain Exotic Plant Management Team, Upper Columbia Basin Inventory and Monitoring Network, and Big Hole National Battlefield staff reduced population estimates to eight percent of the 2012 peak.
Despite a strong Q1 showing, risks are on the upside, thanks to geopolitics and geo-economics
India's GDP grew 7.8% in Q1, surpassing expectations and indicating economic resilience. This growth occurred despite a challenging global economic environment and external factors. Employment-intensive sectors like manufacturing and construction showed strong performance during this period. However, risks remain due to El Nino and ongoing geopolitical conflicts impacting oil prices. The economy faces potential inflation increases from liquidity and currency pressures.
Govt reforms, agile economic management bearing results: Nirmala Sitharaman on 7.8 pc Q1 GDP growth
India's real GDP grew 7.8 percent in the April-June quarter. This performance exceeded the Reserve Bank of India's earlier growth forecast. Finance Minister Nirmala Sitharaman credited the people and government reforms for this success. The government remains committed to expanding economic opportunities for all citizens. Nominal GDP grew 10.3 percent while real GVA recorded 8.2 percent growth.
Northern Arc Capital jumps 10% after Rs 335-crore block deal. Should you buy?
Northern Arc Capital shares surged after 1.21 crore shares changed hands in a large block deal during the morning session. The stock hit an intraday high of ₹315 and remained above its opening price and VWAP around noon, indicating that the early gains held through the session.
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Augmont Enterprises shares drop 2% after listing at 22% premium. Buy, sell or hold the stock?
Augmont Enterprises made a strong stock market debut, listing at a 22% premium to its IPO price, but gains fell short of grey market expectations. With valuations considered rich, brokerages have offered mixed views, ranging from Neutral to Subscribe for Long Term. Investors will weigh the company’s growth prospects, margins, integrated precious-metals ecosystem and key risks.
Nomura initiates coverage on Clean Max Enviro with Buy call. Check upside potential, key reasons
Nomura initiated coverage on Clean Max Enviro Energy Solutions with a Buy rating and a Rs 1,510 target, implying 21% upside, citing strong growth prospects in India’s C&I renewable energy market. The brokerage expects revenue and EBITDA to grow at CAGRs of 39% and 50%, respectively, through FY29, while Clean Max’s Q1 profit turned positive and revenue more than doubled year-on-year.
Hindustan Zinc, Vedanta, Nalco and other metal stocks slide up to 5%. Here's why
Metal stocks tumbled up to 5% on Monday, with the Nifty Metal index falling over 2% amid a decline in metal prices and rising expectations of higher-for-longer US interest rates. Profit booking after the index’s strong August rally also weighed on sentiment, while Jefferies remained bullish on Hindustan Zinc over Hindalco.
Enterprise AI needs custom fit
Companies struggle to achieve business outcomes from significant AI investments. Unprecedented AI capabilities require a 'harness' to convert potential into measurable value. Enterprise AI integration demands shaping technology around operational realities and existing systems.
Gnani AI launches Artha sovereign AI stack with 30-billion-parameter Evon 3.3
Gnani AI launched Artha, a sovereign AI stack for Indian companies and public institutions. This stack features the Evon 3.3 language model and the Plexus agentic platform. Evon 3.3 is an open-weights model trained on Indic languages and domain-specific data. The Artha stack allows organisations to run AI models within their own infrastructure.
Tejas Networks shares zoom 13% after TCS’s Rs 1,537-crore LOI for BSNL 4G rollout
Tejas Networks shares rose sharply on Friday after the company received a Rs 1,537-crore Letter of Intent from TCS to supply RAN equipment for BSNL’s indigenous 4G rollout. The proposed project covers 18,685 sites, adding to Tejas Networks’ role in the telecom operator’s nationwide 4G network deployment.
Wipro shares gain 2% after IT major expands Google Cloud AI partnership. What investors should know
Wipro's stock experienced an uptick following its announcement of an enhanced partnership with Google Cloud. The goal of this collaboration is to foster greater enterprise integration of Gemini Enterprise and agentic AI. Wipro plans to arm over ten thousand AI-certified professionals with cutting-edge resources, while launching the LIFT framework to streamline AI transformations, aiming to evolve from mere automation to fully autonomous AI capabilities.
Can ESDS Software Solutions IPO deliver long-term growth for high-risk investors?
In a bold move, ESDS Software Solutions is set to launch a ₹720 crore IPO to fuel its growth initiatives. The company excels in providing infrastructure, managed, and software services to a variety of sectors, boasting significant revenue and profit increases over the past three years. Yet, it faces risks such as revenue reliance on key clients and inflation of input costs.
US stocks today: Nasdaq gains as Nvidia results revive confidence in AI trade
US stocks rose on Thursday, led by the Nasdaq, as Nvidia's strong forecast eased concerns over slowing AI demand. Salesforce and CrowdStrike also rallied after upbeat forecasts, while investors shifted focus to Federal Reserve Chair Kevin Warsh's Jackson Hole speech and the outlook for interest rates.
Nvidia at heart of data centre revolution, says BNP Paribas; sees 36% upside
BNP Paribas has issued an outperform rating on Nvidia with a target price of $285, implying a 36% upside. The brokerage highlighted Nvidia's role in the data centre revolution, accelerated computing, strong Q2 financial results, and robust demand for its Blackwell and Vera Rubin platforms despite supply chain constraints.
India Inc sales growth accelerates to 19.4 per cent in Q1 FY27, manufacturing leads recovery: RBI
Indian companies show stronger sales growth entering fiscal year twenty twenty seven. Manufacturing sales accelerated significantly, driven by key industries like automobiles. Operating profit growth also jumped across major sectors, improving margins. Companies faced elevated input costs, which impacted raw material expenses. However, improved pricing power helped absorb these higher costs effectively.
ICICI Prudential AMC shares decline 7% in two days as promoter plans 2% stake sale
ICICI Prudential AMC promoter Prudential Corporation plans to sell up to 2% stake, worth over Rs 3,185 crore, to meet minimum public shareholding requirements. The sale will reduce promoter holding to 85.6%. Shares of ICICI Prudential AMC have gained over 22% in 2026, while Q1 net profit rose 23% year-on-year to Rs 965 crore.
Nvidia shares rally 5% after stellar Q2; revenue guidance for 2028 tops analyst estimates
Nvidia shares jumped 5% in extended trading on Wednesday after the chipmaker reported stellar Q2 results and forecast 70% revenue growth for FY28. The guidance topped analyst expectations, while strong AI demand continued to drive optimism despite memory shortages and margin pressures.
Nvidia investors beware: Firm flags 2 risks after better-than-expected Q2 earnings
Nvidia’s AI boom remains strong, but rising memory costs and growing debt are emerging as key risks. The chipmaker expects gross margins to bottom at 71–72% in Q4 FY27, while rising debt could pressure its financial condition and cash flows.
UPTET Result 2026 declared: Check how to dowload scorecard, direct link, pass percentage, next steps and more
UPESSC has announced the UPTET Result 2026 for candidates who appeared in the July examination. The result covers Primary and Upper Primary levels, with pass percentages of 80.07% and 71.85%, respectively. Candidates can download their scorecards through the UPESSC website and obtain the lifetime eligibility certificate digitally through DigiLocker after the result.
ETMarkets Smart Talk | Large caps look better for next 24 months, but hidden gems remain in smallcaps: Divam Sharma
Sharma sees a stronger case for large caps over the next 24 months, particularly given the steep valuation premium commanded by small caps.
RBI warns food, fuel costs could reignite broader inflation
Most high-frequency indicators showed sustained manufacturing and services activity in July. Merchandise exports and imports experienced double-digit expansion, continuing Q1 momentum. Headline consumer price index inflation edged up, primarily due to supply-side pressures. Stable core inflation reaffirmed lower pass-through of cost pressures to consumers. Liquidity conditions eased, supporting credit growth and foreign capital inflows.
Q1 earnings show resilience, but downside risks still loom. HSBC explains why
Indian companies delivered better-than-expected Q1FY27 earnings, with around 70% of firms meeting or beating HSBC’s estimates. Mid- and small-cap companies led growth, while financials drove earnings upgrades. However, HSBC flagged risks of downgrades in coming quarters as elevated commodity prices persist and the benefits of GST cuts and inventory gains fade.
Midcap IT likely to see better H2, AI-led deflation weighs on FY27 growth: Anand Rathi
India's midcap IT services sector could see improved deal conversion and operating leverage in the second half of FY27, but revenue growth is likely to remain muted through the year as AI-led deflation, geopolitical disruptions and delayed deal ramp-ups weigh on near-term performance, according to brokerage firm Anand Rathi Shares and Stock Brokers.
GCT Grand Finale: Praggnanandhaa beats Keymer to stake his claim for finals
Indian Grandmaster R Praggnanandhaa secured a significant lead against Vincent Keymer in the Grand Chess Tour. He is now very close to qualifying for the tournament's finals. In another match, Fabiano Caruana drew his game against compatriot Wesley So. The winner of this event will receive a substantial prize of 200,000 USD. Top finishers also earn direct invites to next year's Grand Chess Tour.
Walmart shares fall 8% as Q2 results flag risks of rising inventory
Walmart shares fell 8% despite strong second-quarter results, with revenue rising 5.9%, e-commerce sales jumping 23% and operating income increasing 28.8%. Investors focused on tariff refund benefits and a 6.7% increase in global inventory, raising concerns over underlying performance.
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