As per market grapevine, stocks to watch for potential short-term returns include Atlanta Electricals, Butterfly, DCB Bank, GPPL, HFCL, INDORAMA, JAYNECOIND, Jyoti, Lords Chloro, Rajesh Power, RBL Bank, RDBRL, Shetron, South West Pinnacle Exploration, Talbros Engineering and Vilas Transcore. Keep them on the radar/watchlist.
Sobha Ltd. reported a 54.6% year-on-year (YoY) decline in consolidated net profit to approximately Rs.33 crore for the September quarter of FY27. Revenue fell 31.3% YoY to approximately Rs.967.1 crore, according to results coverage published on October 21.
Crude-oil prices rose in early trading on Wednesday as concerns over Red Sea shipping disruptions and possible threats to Saudi energy infrastructure increased uncertainty about global supply.
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Starting your investment journey can feel overwhelming when you are unfamiliar with market movements, financial terms, and investment options. However, understanding the fundamentals can help you make informed decisions and develop better financial habits. This Beginner Stock Market Guide explains ten essential things every new investor should understand before entering the Indian stock market. Whether […]
Huge negative signs of a severe water crisis: Despite the monsoon’s withdrawal, reservoir levels remain concerning, particularly in South India. Across 178 major reservoirs, only 68.58% of usable storage capacity remains filled, leaving approximately 31.42% empty.
Hunger Pangs, the operator associated with the Burma Burma restaurant brand, has filed a draft red herring prospectus for a proposed initial public offering. The company plans to raise approximately Rs.150 crore through a fresh issue, according to an IPO report published on October 17.
UltraTech Cement Ltd. reported consolidated net profit attributable to the parent of approximately Rs.1,494 crore for the July–September quarter of FY27, representing a 21.3% year-on-year increase. Consolidated net sales rose 18.9% to Rs.23,024 crore, while profit before interest, depreciation and tax increased 17.3% to Rs.3,832 crore.
Union Bank of India reported net profit of approximately Rs.5,537 crore for the September quarter of FY27, marking a 30.3% increase year-on-year. Net interest income rose 20.1% to Rs.10,583 crore, while total business expanded 12% to approximately Rs.24.75 lakh crore as of September 30.
Hindustan Zinc Ltd. reported a substantial increase in profitability for the September quarter of FY27, with net profit rising to approximately Rs.6,412 crore. Revenue increased 77% year-on-year, supported by stronger realisations and the contribution of its zinc, lead and silver businesses, according to the latest quarterly results coverage.
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