Xtranet Technologies’ ₹170 crore IPO closed with 12.24 times subscription, led by strong demand from high-net-worth individuals. The company plans to use the funds to reduce debt and boost working capital. Investors are weighing this gro...
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Atul posted an adjusted profit of INR 2.5 billion for the first quarter of fiscal year 2027, marking a 92% increase compared to the same period last year. Revenue grew by 25% to INR 18.5 billion, supported by a sharp rise in the Performa...
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CG Power and Industrial Solutions reported a flat year-on-year order inflow of ₹52 billion for the first quarter of FY27. While the company maintains a strong total order book of ₹189 billion, the industrial segment faced pressure from o...
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Coromandel International reported a 3% year-on-year decline in its Q1FY27 operating profit, as rising raw material costs linked to Middle East tensions outpaced subsidy support. While the crop protection segment showed resilience with a...
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Dalmia Bharat reported a 7% year-on-year revenue growth to ₹3,890 crore for the first quarter of fiscal year 2027. While revenue exceeded expectations, the company faced a 3.6 percentage point contraction in EBITDA margins. Investors are...
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Jindal Steel & Power reported an 11% drop in Q1FY27 EBITDA due to rising coking coal costs and lower sales volumes. While short-term earnings face pressure, the company is ramping up its 6 MTPA Angul facility expansion to boost productio...
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ICICI Securities has started coverage on Onesource Specialty Pharma, projecting revenue growth linked to generic semaglutide supply. The brokerage estimates the company is targeting USD 400 million in revenue by FY28. Investors may track...
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Tata Consumer Products reported a 28% jump in quarterly profit for Q1FY27, supported by a 13% increase in India's branded volume. Following these results, ICICI Securities has initiated coverage on the stock. Investors may track how the...
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Fractal Analytics reported a flat revenue growth for the first quarter of FY27, missing analyst expectations due to a downturn in the TMT sector. Despite the slow start, the company maintained growth in other segments and reported higher...
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ICICI Securities has initiated coverage on Mphasis with a target price of Rs 2,640, banking on new contract wins and AI platform growth. The brokerage anticipates the IT firm will see its best sequential revenue growth in three years. In...
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Motilal Oswal recently initiated coverage on Jindal Steel & Power, highlighting strong revenue of INR 155 billion for 1QFY27. While the brokerage maintains a positive outlook, investors should monitor volume trends and pricing, as the st...
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SBI Life Insurance recorded a 36% year-on-year increase in new business premium (APE) to ₹53.8 billion for the first quarter of FY27. Profit after tax rose 22% to ₹7.2 billion, driven by strong operational performance. Investors may trac...
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Brokerage firm Motilal Oswal has started coverage on Tata Consumer Products, projecting strong profit growth through 2028. The analysis highlights gains in domestic branded segments while noting challenges in non-branded business areas l...
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Birla Corporation reported a mixed first quarter for fiscal year 2027 as rising operating expenses and lower cement prices pressured margins. While revenue grew 8% year-on-year, profit fell short of analyst estimates. The stock continues...
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ICICI Securities has initiated coverage on UTI Asset Management Company, pointing to an attractive valuation based on projected FY28 earnings. While the brokerage notes consistent management of standalone operating expenses, it highlight...
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Shriram Finance is expected to reach 18% loan book growth in FY27, supported by its partnership with MUFG and a stronger capital position. The company plans to focus on new vehicle loans, gold loans, and MSME financing to drive expansion...
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ICICI Securities maintains a positive outlook on InterGlobe Aviation despite recent fuel cost pressures. The airline is targeting a capacity of 300 billion ASKs by 2030, supported by resilient domestic travel demand. Investors are monito...
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Jindal Steel is shifting focus toward higher-margin products and ramping up capacity to 30,000 tonnes per day by late 2026. The company is working to lower borrowing costs and improve logistics efficiency to offset rising coal prices and...
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Sapphire Foods reported a 15% year-over-year revenue growth in Q1FY27, supported by new store additions and better same-store sales. Following these results, brokerage firm Anand Rathi maintained its rating but lowered the price target t...
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Greenply Industries reported strong Q1 FY27 results, led by a 13.5% growth in plywood volumes and a 24.7% surge in MDF volumes. The company maintained its full-year guidance, supported by improved profit margins in the MDF segment. Inves...
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