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DMart Q1 results: Higher costs, slower mature-store growth weigh on margins
Quick commerce apps continued to squeeze urban revenue at parent firm Avenue Supermarts, forcing it to lean heavily on tier-II and tier-III market expansions to sustain its momentum.
Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth
Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.
Colgate-Palmolive India bets on rural expansion, science-led innovation to drive growth towards 2030
Colgate-Palmolive India is prioritizing rural market expansion, innovation, and digital transformation to boost growth. The company aims to reach more rural households and introduce science-backed products in urban areas. With a focus on data analytics and AI, Colgate-Palmolive is enhancing its value chain and strengthening its presence across all retail channels. Despite facing challenges, the company anticipates continued momentum driven by an improving demand environment and strong execution.
Dabur expects double-digit revenue, profit growth in Q1 as FMCG demand stays strong
Dabur India expects to report double-digit growth in consolidated revenue and profit for Q1 FY27, driven by near double-digit growth in its India FMCG business, high-teen expansion in international operations and strong momentum across foods, hair care and digital channels. Rural demand continued to outpace urban markets, while calibrated price hikes helped offset higher input costs.
KPIT Tech cracks 15% on Q1 earnings warning; stock down 57% from 52-wk high
As per the Q1FY27 business outlook, KPIT Technologies indicated a further deterioration in business momentum versus start of the quarter.
KPIT Tech Shares Crash 10% As Company Warns Of First Revenue Decline In 23 Quarters
Management expects the first half of FY27 to remain challenging but reiterated that growth should improve in the second half, with stronger sequential momentum expected by the fourth quarter.
Sterlite Tech hits 5% upper circuit on QIP launch; zooms 495% in 6 months
Sterlite Technologies plans to raise up to ₹1,500 crore through the QIP route. Recently, Bandhan Mutual Fund sold 1.82 million equity shares of STL in open market trade.
Tech Mahindra among 7 largecap stocks showing bullish RSI upswing
Seven largecap NSE stocks featured in the RSI Trending Up scan on June 24 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.
Stock Market Today Live, June 24: Sensex gains 200 pts, Nifty above 23,850; Brent crude falls 1%; Tech stocks lead gains - BusinessLine
Stock Market Today Live, June 24: Sensex gains 200 pts, Nifty above 23,850; Brent crude falls 1%; Tech stocks lead gainsBusinessLine
This tech indicator suggests market is at crossroads; what to expect next?
An analysis of Nifty 500 stocks, reveals that nearly 50 per cent of the shares trade on either side of the long-term 200-day moving average; thus suggesting that the market is at crossroads currently.
Sensex jumps over 400 pts, Nifty above 24,100; IT stocks lead gains
Indian stock markets rebounded strongly on Monday, with Sensex and Nifty posting significant gains after Friday's dip. Tech stocks led the charge, while broader market indices also climbed. Despite Middle East tensions, Brent crude prices remained below $80, suggesting a potential de-escalation. Analysts remain optimistic, citing rupee appreciation and expected capital inflows as supportive factors for continued market momentum, particularly in mid and small-cap segments.
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex zooms over 850 pts, Nifty above 23,850; realt... - The Economic Times
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex zooms over 850 pts, Nifty above 23,850; realt...The Economic TimesIndian shares join global rally on Gulf peace dealReutersSensex Today | Stock Market Live: Sensex up 860 pts, Nifty above 23,850; MTAR Tech, HDFC Bank, IFCI most activeMoneycontrol.comIndian stocks, rupee rally as crude oil prices drop on West Asia peace deal announcementThe Indian ExpressStock Market Live June 15: Sensex rises 900 points, Nifty tops 23,900; rupee gains on Iran-US deal optimismBusinessLineStock Market LIVE: Sensex off 400 pts from day's high; Nifty below 23,950; Ashoka Buildcon jumps 14%Business StandardSensex jumps 1,200 points: Why is stock market rising today?India TodayFrom Gift Nifty, US-Iran peace deal to crude oil prices: 10 key things that changed for Indian stock market over weekendMintSensex Today Rallies 1,695 Points | Nifty Above 23,600 | 4 Reasons Why Indian Share Markets Are RisingEquitymaster