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    PAGE INDUSTRIES LTD Q4 RESULTS

    UGC NET June 2026 result out at ugcnet.nta.nic.in; check how to download scorecard, subject-wise cutoff, direct link and more

    UGC NET 2026 result out: The National Testing Agency has announced the UGC NET June 2026 results today. Results for eighty-four subjects are now available on the official NTA website. Candidates can download their scorecards using application numbers and passwords. Forestry and statistics were added as new subjects this year. The examinations were conducted between June 22 and June 30.

    Weddings, leisure and corporate comeback put India’s hotels on a stronger H2 path: Report

    India's hotel sector anticipates stronger growth in the latter half of FY27. Robust domestic leisure demand and recovering corporate travel will drive this expansion. Industry occupancy and average room rates saw increases in the first quarter. Limited new hotel supply is expected to support room rates and RevPAR. Demand outlook remains positive as international travel gradually recovers.

    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.

    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.

    Hitachi Energy India, GE Vernova, other power capex stocks rise up to 5%. Two reasons behind the surge

    Power capex stocks such as Hitachi Energy India, GE Vernova, TD Power and CG Power witnessed an uptick on Thursday, tracking Nvidia’s strong data-centre growth and bullish revenue outlook. Expectations of sustained AI infrastructure spending boosted sentiment, while US restrictions on Chinese power equipment added to optimism over demand for Indian suppliers.

    Hindustan Zinc vs Hindalco: Why Jefferies raised target prices for both, but prefers one over the other

    Jefferies has raised its target prices for Hindustan Zinc and Hindalco Industries, but prefers the former, retaining a Buy rating versus Hold on Hindalco. The brokerage expects stronger zinc and silver prices to boost Hindustan Zinc’s earnings, while softer aluminium prices and higher debt could weigh on Hindalco’s performance.

    • MTAR Tech shares rally 3%, extend gains for second session. What’s triggering the surge?

      MTAR Technologies shares gained 3% after the company secured a Rs 127 crore order from Nuclear Power Corporation of India for coolant channel assemblies used in reactor refurbishment. The order takes its civil nuclear order book above Rs 775 crore, while the company expects 80% revenue growth in FY27 and sees further opportunities from reactor refurbishment and new nuclear projects.

      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.

      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.

      SC refuses to reopen Class 12 CBSE revaluation portal

      The Supreme Court declined to reopen the CBSE Class XII exam verification portal. The court noted the portal was already open for all students. Reopening the portal could lead to numerous fresh claims from students. A plea challenged the On-Screen Marking system's implementation without teacher training. The plea alleged scanning irregularities and evaluation errors in answer sheets.

      Retailers keep price hikes in check amid rising input costs: Nuvama

      Indian retailers are limiting price hikes despite volatile cotton, yarn and fabric costs and geopolitical supply-chain risks. Companies are adjusting sourcing, building safety stocks and selectively absorbing costs to protect demand. Value retail and electronics remain strong, while festive demand is expected to support growth after a softer second quarter.

      SC declines to direct reopening of CBSE re-evaluation portal for class 12 answer sheets

      The Supreme Court refused to reopen the CBSE portal for re-evaluation requests. Students sought access after the portal closed for on-screen verification. The court stated the window was open for all candidates for a specific time. CBSE reported that many students successfully applied during the notified period. A similar challenge had already been dismissed by the Delhi High Court.

      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.

      Infosys Q1 bonus payout averages 70%, down 10 percentage points from a year ago

      During the April-June quarter, Infosys maintained an average performance bonus of 70%, consistent with the previous quarter but lower than the previous year. Notably, employees in job levels four and five received marginally higher bonuses. The broader technology sector is currently grappling with reduced spending and economic uncertainty, creating apprehension among employees who are now seeking clarification on annual salary hikes.

      Rs 7.3 trillion InvIT market sees investor base surge 17% as Q1 payouts rise 15% YoY

      India’s InvIT sector saw investor participation surge 17% sequentially to 6.53 lakh unitholders in Q1 FY27. Distributions rose 15% to ₹5,923 crore, while AUM increased 13.7% year-on-year to ₹7.3 lakh crore, reflecting stronger investor confidence and consistent cash flows.

      India’s new service price gauge shows mixed Q1 trends; Air (Passenger) Service Price Index up 32%

      Air passenger service prices jumped nearly thirty-two percent year-on-year in the first quarter of FY27. Other services showed mixed price trends, with banking and securities transactions declining. Management of pension funds and railway services recorded modest price increases during this period. This new Service Producer Price Index offers an early view of producer-level price movements. The index currently covers only seven selected services across India.

      ETMarkets Smart Talk | India’s diverse earnings story could bring FIIs back: Bandhan Life’s Avinash Agarwal

      While foreign institutional investors (FIIs) have remained net sellers over the past two years amid India’s premium valuations and an earnings slowdown, Avinash Agarwal, Senior Vice President & Head – Equity at Bandhan Life, believes the tide could turn as India offers a diverse pool of large companies with consistent growth and greater earnings visibility.

      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.

      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.

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