REDINGTON LTD Q3 RESULTS
An 18-year-old Washington student turned plant waste into a pollution-fighting sponge. Tests showed it removed up to 80% of chemical killing Salmon
A talented eighteen-year-old student has developed groundbreaking biodegradable filters using jute waste fibers. These remarkable sponges efficiently extract toxic substances from road runoff, achieving an impressive eighty percent reduction in pollutants as confirmed by laboratory analysis. This eco-friendly innovation demands far less energy and financial investment to manufacture, garnering the young inventor significant recognition at a prestigious competition.
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.
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.
India Inc revenue growth to moderate to 13-15 pc in Q2; margins to contract: Report
India Inc's revenue growth is projected to contract to fifteen percent in the September quarter. Operating profit margins are expected to compress by over one percentage point. Domestic consumption sectors show better growth than export-linked ones. Below-normal monsoon may impact rural consumption and food inflation. Corporate earnings will show healthy revenue growth and constrained operating profit margins.
ETMarkets Smart Talk | Time to rotate from expensive smallcaps to large caps? Saurabh Prasad weighs in
In an interaction with Kshitij Anand of ETMarkets, Saurabh Prasad, Head – Research Centre at Mirae Asset Sharekhan, said large caps are now more reasonably valued relative to growth stocks, while the premium commanded by small caps may be difficult to sustain given their more volatile earnings momentum.
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.
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ETMarkets Smart Talk | Two-year market consolidation may set stage for next bull run: UTI AMC’s Ajay Tyagi
Tyagi, however, remains cautious on pockets of the mid- and small-cap universe, where valuations are above long-term averages. He sees large caps as relatively more attractive on valuations, while advocating selective, bottom-up stock-picking in the broader market. Edited Excerpts
Hindustan Copper OFS oversubscribed on both days, says govt. Here are all the details
Hindustan Copper’s government OFS drew strong institutional demand, with the non-retail portion subscribed 3.41 times on Tuesday. The Centre exercised the full greenshoe option, taking the potential stake sale to 6%, while retail investors can bid on Wednesday at a floor price of Rs 514 per share. The company’s strong Q1 performance and plans to expand mining capacity also remain in focus.
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.
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.
Entero Healthcare shares gain 15% in 2 days after Prashant Jain’s 3P Investment picks stake in block deal
Entero Healthcare Solutions shares rose sharply after Prashant Jain-owned 3P Investment Managers acquired a 2.5% stake in the company through open market transactions. The shares were bought from Prasid Uno Family Trust at Rs 1,377.8 apiece, according to stock exchange data.
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%.
India's house price growth slows to 3.6% in Q1 FY27: RBI
In the first quarter of this year, the growth rate of house prices in India decelerated to 3.6 percent compared to the previous year, down from 4.5 percent in the last quarter. However, there was a quarterly increase of 1.1 percent in the All-India House Price Index, primarily thanks to notable contributions from cities like Chandigarh and Lucknow. This trend signifies a general slowing of annual price growth by June.
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.
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.
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.
Titagarh Rail Systems shares gain 3% after Indian Railways' approval for traction motor supply
Titagarh Rail Systems shares rose after Indian Railways approved the company as a vendor for supplying three-phase asynchronous traction motors for locomotives. The approval allows Titagarh to supply up to 1,200 traction motors annually, boosting its prospects in the railway equipment segment.
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.
Oil India vs ONGC vs OMCs: What JM Financial’s $80 Brent call means for oil stocks
Brent crude may stay near eighty dollars a barrel for twelve months. Analysts favor Oil India and ONGC due to expected earnings growth. Oil India's refinery capacity expansion will drive future output increases. Oil marketing companies face pressure from lower integrated gross margins. Valuation and earnings concerns persist for HPCL, BPCL, and IOCL.
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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