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Kotak Mahindra Bank Q1 net advances rise 15%, total deposits up nearly 12%
Kotak Mahindra Bank reported Q1 business growth: advances up 15.1%, CASA up 10.2%, total deposits up 11.7%. It will acquire Deutsche Bank's India retail, private, wealth businesses for Rs 281.7 crore.
Senco Gold Ltd opens 8 new stores in Q1, targets 12-15 additional outlets this fiscal year
Senco Gold has significantly expanded its retail presence, adding eight new showrooms in the first quarter of FY27, bringing its total to 208 outlets. The company reported a robust 60% year-on-year revenue growth, driven by strong festive demand and a 38% rise in same-store sales. Despite challenges like higher gold prices and increased customs duty, Senco's diamond jewellery segment showed impressive growth, with plans to further expand through franchising.
Indian Potash Ltd ties up with UPL arm to boost sugarcane yield around Gujarat mill
Indian Potash Ltd. has partnered with UPL Ltd. to significantly boost sugarcane output in Gujarat. This three-year collaboration will introduce advanced farming techniques, including regenerative practices and better resource management, across 2,000 acres. The initiative aims to enhance farmer prosperity and sustainability around IPL's Kodinar Sugar Mill, leveraging scientific agronomy and digital tools for improved yields and conservation.
Godrej Consumer Products expects high-teens revenue growth in Q1 FY27
Godrej Consumer Products said it expects to deliver high-teens revenue growth in the June quarter (Q1 FY27), ahead of its full-year guidance of double-digit revenue growth, backed by strong high-single-digit underlying volume growth (UVG).
Retail investors bet on these 10 small-cap stocks; they rally up to 185% in 3 months
Retail investors raised stakes in 195 Nifty Smallcap 500 stocks during the March 2026 quarter, with over 100 delivering 25-185% returns since April. Four stocks turned multibaggers, while Cemindia Projects, Apollo Micro Systems and Lloyds Engineering led the rally.
India's banks are handing out more loans, but deposits aren't keeping up
Indian banks witnessed a surge in lending during the April-June quarter, outpacing deposit growth and widening the funding gap. This trend, driven by robust demand from corporate and retail sectors, has pushed the loan-to-deposit ratio to a decade-high, raising concerns about funding sustainability. While some lenders saw deposits decline, others maintained a balance, reflecting varied strategies amidst intense competition.
Gold’s sharp correction: What lies ahead for prices?
Gold has corrected sharply from record highs as a stronger US dollar, elevated bond yields and expectations of prolonged higher interest rates weighed on prices. Experts view the decline as a technical correction, recommending staggered buying and long-term holding amid supportive structural demand.
Vijay Kedia shares a simple market lesson that most retail investors miss: Don't chase today's favourite - livemint.com
Vijay Kedia shares a simple market lesson that most retail investors miss: Don't chase today's favouritelivemint.com
L&T Finance's Q1 retail disbursements rise 36%; loan book grows 28%
L&T Finance reported an estimated 36% year-on-year increase in retail disbursements to around Rs 23,800 crore in the first quarter of FY27, driven by strong growth across its lending segments.
Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday - 6 July 2026 - livemint.com
Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday - 6 July 2026livemint.com
OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1
State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downturn occurred as domestic fuel prices failed to keep pace with rising international rates. Previously, these companies enjoyed healthy profits, but fluctuating global prices and limited domestic revisions have led to volatile retail margins, impacting profitability.
L&T Finance Q1 Update: Retail disbursements jump 36%, retail book grows 28%
Shares of L&T Finance Ltd ended at ₹326.95, up by ₹11.75, or 3.73%, on the BSE.