REDINGTON LTD Q2 RESULTS
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.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Sensex and Nifty reversed morning losses to close higher on Tuesday, amid sharp volatility on the first expiry day after the closing auction session launch. Healthcare and financial stocks gained, while broader market breadth remained mixed and cautious.
Hindustan Zinc shares fall 3% on reports of fresh government stake sale via OFS
Hindustan Zinc shares dropped on Tuesday after expectations of a fresh government stake sale through an OFS resurfaced following the Hindustan Copper stake sale. The government is reportedly considering selling around 1.5% of Hindustan Zinc, which could raise Rs 3,500-4,000 crore. The stock has declined nearly 3% in 2026.
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.
ICSI Result June 2026: CS Executive, Professional results today at icsi.edu; check steps to download scorecard, direct link
Today marks an important day for aspiring company secretaries as the Institute of Company Secretaries of India gears up to unveil the CS Executive and Professional results. The CS Executive results will be released at 2 PM, while the Professional results follow at 11 AM. Candidates can access their e-Result-cum-Marks Statement on the official ICSI website.
ETMarkets Management Talk| EPL’s growth story enters next gear: High-teens guidance, 20% margins and Indovida merger, explains CEO Hemant Bakshi
Strong momentum in Beauty & Cosmetics, a recovery in Oral Care and the ramp-up of its Thailand operations are expected to support growth, while investments made ahead of the curve could drive operating leverage and help sustain underlying EBITDA margins around 20%.
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Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian equities ended lower after erasing early gains, with Sensex falling 172 points and Nifty 33 points. Rising bond yields, Iran sanctions uncertainty and weak Asian markets pressured sentiment. Metals outperformed, while banking stocks lagged. Analysts expect Tuesday volatility.
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.
Apollo Tyres shares jump over 6% after UBS upgrades stock to Buy from Neutral. Here’s why
Apollo Tyres shares surged after UBS upgraded the stock to Buy and raised its target price to Rs 590. The brokerage sees earnings recovery potential, supported by improving India and Europe prospects, despite near-term rubber cost pressures. Strong Q1 revenue growth and reduced exceptional losses also supported the positive outlook.
Lenskart Large Trade: 2.6% equity traded in a $300 million block deal; Softbank Vision likely seller
On Monday, Lenskart Solutions witnessed a noteworthy block deal, with speculation surrounding the SoftBank Vision Fund's possible share divestment. The company's impressive first-quarter results for FY27 showcased net profit soaring by 182.3% and a robust year-on-year revenue increase of 33.6%. Furthermore, enhanced product and EBITDA margins highlighted operational efficiencies. Brokerages, including Jefferies and Goldman Sachs, continue to express optimism regarding Lenskart's stock performance.
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.
Earlier this month, Romania sank 4 rock-filled barges into the Danube to keep its nuclear reactor running. Days later, the river rose 1.6 inches when forecasters had expected it to fall
Romania has deployed four rock-filled barges in the Danube to redirect scarce river water toward the Cernavodă nuclear power plant as severe drought conditions threaten cooling supplies. The intervention produced an unexpected 1.6-inch rise in the river level, despite forecasts predicting an equal decline.
Home sales cool, prices climb: Is India's housing market getting too expensive?
India's residential housing market saw sales decline by 6.1% YoY in Q2 2026, while average prices rose 1% QoQ to Rs 10,153 per sq ft. Led by a 26% price surge in Bengaluru, widening cost-sales gaps indicate maturing market dynamics and growing affordability pressures for mid-income buyers.
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.
Pharmeasy-parent’s loss narrows in Q1, revenue up 10%
API Holdings, parent of PharmEasy and Thyrocare, narrowed its Q1 FY27 loss to Rs 29.6 crore from Rs 145.4 crore a year earlier, while revenue grew 10% to Rs 1,754 crore. Ebitda turned positive at Rs 39.3 crore. The company also became debt-free after repaying Rs 1,050 crore.
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.
HG Infra Engineering shares jump over 8% after receiving LoI from REC
HG Infra Engineering shares rose after the company received a letter of intent from REC Power Development and Consultancy for constructing two 220/132/33 kV AIS substations and associated transmission lines in Uttar Pradesh.
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.
Puravankara Q1 Results: Revenue surges 63% to Rs 877 crore; PAT at Rs 25 crore
Puravankara posted impressive Q1 FY27 results with a remarkable twenty-eight percent rise in pre-sales. Year-on-year, total revenue soared sixty-three percent, hitting eight hundred seventy-seven crore. Profit after tax rebounded to a positive figure, showcasing a strong turnaround from the previous year. The company successfully delivered seven hundred forty-five homes, sustaining its operational pace, while significantly boosting its Bengaluru land transactions with an added GDV of five thousand two hundred crore.
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.
Ashok Leyland shares rise 2% post Q1 results. What Citi and Nomura suggest
Ashok Leyland shares rose 2.15% after the commercial vehicle maker reported a 2% YoY increase in consolidated net profit to Rs 668 crore in Q1. Revenue rose 10% to Rs 10,750 crore, while standalone net profit hit a record Rs 609 crore. However, EBITDA margin narrowed to 10.1% from 11.1% due to rising material costs during the quarter.
In 1948, WWII veteran Joe Redington Sr. moved to an Alaska homestead; 25 years later, he helped create the 1,000-mile Iditarod
Joe Redington Sr. helped establish the Iditarod, transforming an ancient trail into a demanding sporting event. He spent decades homesteading in Alaska and breeding sled dogs for various purposes. Redington collaborated with Dorothy Page to revive the historic Iditarod Trail through a race. This initiative successfully preserved a fading way of life and a significant cultural route. The Iditarod race continues today as a globally recognized sled dog competition.
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.
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