Maruti Suzuki reported a 9.1% YoY decline in profit to ₹3,446.9 crore despite a 35.9% increase in revenue to ₹52,469 crore. Higher input costs and expenses pressured profitability, leading to a price hike of up to ₹30,000 across its vehicle range. India’s largest passenger vehicle maker, Maruti Suzuki India Ltd, reported a muted set of…
The Sensex rose 274 points, or 0.35%, to end at 77,928, while the Nifty 50 settled at 24,317, up 67 points, or 0.28%. However, the Nifty Midcap 100 index slipped 0.35%, and the Smallcap 100 index ended 0.56% lower. Headline indices, the Sensex and the Nifty 50, ended in the positive territory for the second…
Board approves Rs 1,225-crore Phase-I investment for Andhra Pradesh plant as Royal Enfield and VECV post record first-quarter sales Eicher Motors (EML), the maker of Royal Enfield motorcycles, posted a 21 per cent rise in net profit during the first quarter of financial year 2026-27 (Q1 FY27) to Rs 1,463 crore, up from Rs…
The Nifty 50 sustained above the 50-day EMA but remained below the short-term moving average (20-day EMA at 24,027). It needs to close and sustain above this level for an upmove toward the 24,100-24,200 zone, followed by 24,500. Until then, consolidation may continue, with immediate support placed in the 23,900-23,800 zone. The Nifty 50…
Despite today’s rally, the stock is still down 31% from its 52-week high. The stock rose to a 52 week high of Rs 368.50 reached on February 20 this year. Shares of GHV Infra Projects hit an upper circuit of 5% on Monday amid a rally in the broader market. GHV Infra Projects…
SAIL reported a 138% YoY increase in net profit to ₹1,636 crore for Q1 FY27, despite lower production. EBITDA rose 49% YoY to ₹4,356 crore. The company moderated production due to geopolitical issues but aims for improved stability ahead. Steel Authority of India (SAIL), one of the country’s largest steelmakers, announced its June quarter…
The broader market mirrored the weakness in the benchmark indices, with the Nifty Midcap 100 declining 1% and the Nifty Smallcap 100 falling 1.5% Indian benchmark indices extended their losing streak for a third consecutive session on July 22, as rising crude oil prices, a sharp decline in the rupee, and profit booking in heavyweight…
TVS Motor shares have gained 32 per cent in a year and 179 per cent in three years, according to BSE data, even as it is down 1 per cent year-to-date. TVS Motor Q1 Results: Shares of auto maker TVS Motor Company switched to the fast lane in the late afternoon session on Tuesday,…
The Sensex declined 443 points, or 0.57%, to close at 77,708.52, while the Nifty 50 shed 96 points, or 0.39%, to settle at 24,238.50. The Nifty Midcap 100 index climbed 0.60%, while the Smallcap 100 index rose by 0.16%. Stock market today: Stock market benchmarks, the Sensex and the Nifty 50, ended lower on Monday,…
Market strategist Rohit Srivastava predicts the Nifty 50 index could reach 27,000 by the end of this year or early next year. He advises investors to buy dips and focus on growth stocks despite geopolitical uncertainties that threaten short-term stability. Expert view: Rohit Srivastava, the founder and market strategist at Indiacharts.com, believes the Nifty…