FSN E COMMERCE VENTURES LTD Q1 RESULTS
Buy, Sell or Hold: Morgan Stanley maintains overweight on Varun Beverages; Nuvama retains hold on Cyient
Morgan Stanley retained its Overweight rating on Varun Beverages with a Rs 557 target, while Nuvama maintained a Hold on Cyient and raised its target to Rs 1,050. Elara Securities retained its Buy rating on Nykaa and increased its target to Rs 475, citing premiumisation, stronger customer quality and growth in online beauty and personal care.
Groww shares fall 3% after Rs 2,500 crore block deal; Ribbit likely seller
Billionbrains Garage Ventures, the parent company of Groww, will be in focus as early investor Ribbit Capital plans to sell a 1.6% stake through a block deal worth Rs 1,914 crore. The shares are being offered at Rs 195 apiece, a 4% discount to the previous close.
Block deal ahead! Ribbit Capital likely to offload 1.6% stake in Groww for Rs 1,914 crore
Groww may see a Rs 1,914 crore block deal as investor Ribbit Capital reportedly plans to sell around 1.6% stake at Rs 195 per share. Groww shares rose 3.33% Tuesday, while strong Q1FY27 earnings showed robust profit and revenue growth.
Festive hiring boom shifts to tier II and III cities as demand surges
Temporary hiring for festivals is now expanding beyond major Indian cities. Tier II and Tier III markets are experiencing faster growth in seasonal employment opportunities. E-commerce and organised retail are driving this significant shift in hiring patterns. Companies are increasingly focusing on these smaller cities for their fulfillment needs.
GLP-1 drugs create new market for collagen, protein and beauty products in India
The rising use of GLP-1 weight-loss drugs such as Ozempic and Mounjaro is creating a new consumer market in India, with companies developing protein- and fibre-rich foods, nutrition supplements and beauty products aimed at addressing side effects of rapid weight loss.
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DMart parent Avenue Supermarts approves Rs 500 crore investment in online grocery arm
Avenue Supermarts, the parent of DMart, has approved an additional investment of up to ₹500 crore in Avenue E-Commerce, which operates DMart Ready, despite widening losses. The online grocery arm’s FY26 revenue rose 17% to ₹4,094 crore, while its loss increased to ₹307 crore. The company is focusing on 11 key cities.
Capitalmind Flexi Cap Fund exits Vedanta and 10 others; adds 9 stocks
Deepak Shenoy-backed Capitalmind Flexi Cap Fund exited 11 stocks, including Vedanta and Vedanta Oil and Gas, and added nine stocks, including Radico Khaitan, in July. The fund also increased exposure to 17 stocks while reducing its stake in two stocks during the month.
Walmart sees Q3 growth hit as Flipkart shifts Big Billion Days sale
Walmart expects Flipkart’s Big Billion Days sales event moving from Q3 to Q4 to weigh about 100 basis points on growth next quarter. The company said India drove growth in Walmart International’s operating income and advertising revenue. Flipkart is also expanding its quick commerce arm, Minutes, which crossed 1,000 dark stores in June.
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.
Power Finance Corporation and REC shares fall up to 3% after Morgan Stanley downgrade
PFC and REC shares fell on Thursday after Morgan Stanley downgraded both stocks to Equal-Weight and cut their target prices. The brokerage flagged slower loan growth and lowered earnings estimates for FY28 and FY29. The downgrade comes ahead of the proposed PFC-REC merger, with both stocks already under pressure.
Longest on record! Nifty fails to cross previous day's high for 12 straight days. Will it surpass today?
The Nifty index has struggled to break its previous day's high for an astonishing twelve sessions in a row. This unusual sequence is coinciding with investors evaluating robust quarterly earnings against looming global uncertainties. Market trajectories are now closely tied to the stability of crude oil supplies and liquidity in the domestic arena.
India Inc’s blockbuster Q1 earnings may not last as 3 key tailwinds fade in H2
India Inc's impressive earnings in the first quarter might not sustain their momentum into the latter half of the year. Diminishing effects from favorable base conditions and a slowdown in consumption stimulation are anticipated. Additionally, while a declining rupee and rising commodity costs have provided brief respite, analysts caution that profit growth could significantly slow down in the coming months, marking a stark contrast to the earlier strong performance.
Swiggy expands leadership across businesses as quick commerce competition heats up
Himavant Kurnala has been appointed chief growth and product officer (CGPO) of Instamart, while Nitesh Garg has been appointed the chief technology officer (CTO). Saurav Goyal has been appointed chief operating officer (COO) of food marketplace Swiggy.
Cochin Shipyard shares fall 4% as Q1 profit declines 19%, revenue sees marginal growth
Cochin Shipyard shares came under pressure after the shipbuilder reported a sharp year-on-year decline in Q1FY27 profit, while revenue grew only marginally. EBITDA and margins also weakened during the quarter, keeping the stock in focus after the results.
Uflex shares surge 16% after Q1 profit zooms 630% YoY
Uflex shares rallied after the company reported a 630% YoY jump in Q1 FY27 net profit to Rs 423.3 crore. Revenue grew 38% to Rs 5,366 crore, while EBITDA surged 92% to Rs 919.8 crore. The EBITDA margin expanded to 17%, marking the company’s highest level in 21 quarters.
Voltas shares in focus after Q1 profit surges 52%. Buy, Sell or Hold?
Voltas reported a strong Q1 FY27, with consolidated net profit rising 52% YoY to ₹213 crore and revenue growing 19% to ₹4,673 crore. However, the revenue miss and continued weakness in non-RAC businesses have kept Goldman Sachs cautious on the stock, despite the robust earnings growth.
Honasa Consumer shares jump 4% after record Q1; Jefferies, Emkay forecast strong upside
Honasa Consumer’s shares rose after Q1FY27 PAT surged 116.5% YoY to a record ₹90 crore, while revenue grew 27% to ₹756 crore and EBITDA jumped 141% to ₹110 crore.
LG Electronics India Q1 Results: PAT rises 27% YoY to Rs 653 crore; revenue up 15%
LG Electronics India Q1 Results: Household appliances maker LG Electronics India reported a 27.2 % year-on-year rise in profit after tax (PAT) at Rs 653 crore for the first quarter of FY27 (Q1FY27), compared with Rs 513 crore reported in the same quarter of the previous fiscal year.
Honasa Consumer Q1 Results: Mamaearth parent posts record profit of Rs 90 crore; revenue up 27% YoY
Honasa Consumer, the parent of Mamaearth, reported a record Rs 90 crore consolidated PAT in Q1FY27, up 116.5% YoY. Revenue rose 27% to Rs 756 crore, while EBITDA surged 141% to Rs 110 crore. Strong growth across focus categories, brands and offline channels supported the company’s performance.
Tata Motors PV Q1 Results: Net profit plunges 80% YoY to Rs 775 crore, revenue rises 9%
Tata Motors PV Q1 Results: Tata Motors Passenger Vehicles on Thursday reported a consolidated net profit of Rs 775 crore for the April-June quarter of FY27, marking more than 80% year-on-year decline from the Rs 3,924 crore in the same period last year.
Tata Motors CV Q1 Results: Net profit soars 83% YoY to Rs 2,560 cr on one-time gain from Tata Capital; revenue jumps 19%
Tata Motors CV Q1 Results: Commercial vehicle major Tata Motors on Wednesday reported a net profit of Rs 2,560 in the first quarter of financial year 2027, marking a jump of 83.3% from Rs 1,397 crore reported in the same period last year.
HAL Q1 Results: Net profit rises 15% YoY to Rs 1,590 crore, revenue up 14%
HAL Shares Q1 Results : Hindustan Aeronautics reported an impressive fifteen percent increase in net profit for the first quarter, showcasing robust financial health. Alongside, the company observed a fourteen percent year-on-year rise in operational revenue for the April-June period of the fiscal year twenty twenty-seven. Released on a Wednesday, the findings revealed that HAL shares experienced slight gains following this promising report.
Vodafone Idea Q1 Results: Loss narrows to Rs 3,754 crore; revenue rises 6% YoY
Vodafone Idea Q1 Results: Debt-ridden telco Vodafone Idea on Monday narrowed its consolidated losses in the first quarter to Rs 3,754 crore. The loss stood at Rs 6,608 crore in the last year quarter. Revenue from operations increased 6% YoY to Rs 11,689 crore.
Hindustan Copper Q1 Results: PAT zooms 163% YoY to Rs 353 crore; revenue rises to Rs 937 crore
Hindustan Copper reported a 163% year-on-year jump in Q1FY27 net profit to Rs 353 crore, while revenue from operations rose 81.4% to Rs 936.5 crore. EBITDA more than doubled to Rs 507.5 crore from Rs 212.3 crore, with EBITDA margin expanding to 54% from 41% a year earlier, the state-owned miner said in a regulatory filing.
Titan Q1 Results: Profit soars 63% YoY to Rs 1,777 crore, total income surges 40%
Titan Q1 Results: Consumer discretionary major Titan Ltd on Friday reported 63% year-on-year (YoY) growth in its consolidated net profit at Rs 1,777 crore in the first quarter, compared with Rs 1,091 crore in the last year quarter. Total income in the reporting period rose 40% YoY to Rs 20,753 crore.
Nykaa shares dip 3% despite multifold jump in Q1 profit; analysts weigh in
Nykaa operator FSN E-Commerce Ventures saw its shares fall despite a strong Q1 FY27 performance. Consolidated net profit more than tripled to Rs 80 crore, while revenue rose 29% YoY to Rs 2,782 crore.
Nykaa to acquire 51% stake in skincare brand Aminu for Rs 32 crore
Nykaa said that the brand, which sells products such as serums and sleep oils, operates "in a sizeable high growth segment". "It is among the top premium skincare brands on Nykaa.com in the Rs 1,000-1,900 price range," the company said.
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