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Why TCS employee addition just hit 4-year high amid AI job loss fears
TCS added 9,279 employees in Q1FY27, marking its strongest quarterly hiring in four years amid growing concerns over AI-led job cuts. The IT major said AI will reshape roles rather than eliminate jobs, while investments in talent, AI services and digital capabilities signal confidence in future demand and growth.
Domestic mutual funds overtake FPIs as anchor investors in IPOs: Prime Database
Swarup Mohanty, Vice Chairman & CEO of Mirae Asset Mutual Fund and Pranav Haldea, MD of Prime Database Group explain why mutual funds are becoming more selective, what is driving IPO participation, and how a record pipeline of ₹5 lakh crore worth of IPOs could shape the market.
Vedanta Power, Vedanta Oil & Gas, other Vedanta stocks surge up to 6%. What lies ahead?
Vedanta Group stocks experienced significant gains on Friday after their recent demerger. Vedanta Iron and Steel shares surged five percent, hitting the upper circuit limit. Vedanta Oil and Gas shares also saw a substantial increase, extending recent positive momentum. Vedanta Power and Vedanta Aluminium reported production and sales figures for the first quarter. Analysts at Motilal Oswal initiated coverage on Vedanta Aluminium with a buy rating.
Cupid shares jump 6%, stock skyrockets 900% in one year. Should you buy now?
Cupid shares extended their rally after the company reaffirmed strong growth momentum, guided for Q1FY27 revenue of over Rs 150 crore and raised its full-year revenue outlook. Supported by expanding global opportunities and improving business visibility, the multibagger stock has delivered exceptional returns over the past few years.
TCS’ sparse Q1 positives won't unlock re-rating triggers
From its 52-week high of ₹3,425 seen on 9 July last year, the TCS stock is down 40% as meaningful growth triggers remain elusive.
Blue Jet Healthcare shares rally 9% after Rs 800 crore QIP allotment
Blue Jet Healthcare shares rose sharply on Friday after the company completed its Rs 800 crore QIP, attracting marquee institutional investors, including multiple ICICI Prudential Mutual Fund schemes. The fund raise is expected to strengthen the company's balance sheet, support expansion plans, and boost long-term growth prospects while broadening its institutional shareholder base.
Kalyan Jewellers' Shares Extends Rally, Surges 36% In 3 Days; Here's Why
In its Q1FY27 business update, Kalyan Jewellers said consolidated revenue grew about 38% year-on-year (YoY), while India operations also recorded revenue growth of over 38%.
Muthoot Microfin rallies after AUM surpasses Rs 14,450 cr in Q1
Muthoot Microfin surged 7.42% to Rs 227.15 after the company reported an 18% year-on-year (YoY) increase in assets under management (AUM) and strong disbursement growth in its business update for the quarter ended 30 June 2026 (Q1 FY27).
Vedanta Aluminium stock up 3%, Motilal Oswal initiates coverage with 'Buy'
Motilal Oswal Financial Services initiated coverage on Vedanta Aluminium with a 'Buy' rating and a target price of ₹540.
Kalyan Jewellers jumps 9%, extends 3-day rally to 36%. What's next?
Kalyan Jewellers shares saw significant gains after a strong first-quarter business update. The company reported nearly 38% consolidated revenue growth compared to the previous year. This performance occurred despite a challenging period for gold purchases. Analysts maintain a bullish stance, citing expansion strategies and industry formalisation.
Vedanta Aluminum shares to see 22% rally? Motilal Oswal initiates coverage with Buy, lists key tailwinds
Motilal Oswal initiated coverage on Vedanta Aluminum with a buy rating. The brokerage set a target price of Rs 540 per share, which implies an upside potential of approximately 22%. The company is expected to experience strong earnings growth and cash flow generation. Vedanta Aluminum is approaching a significant earnings inflection point.
TCS shares jump over 3% after Q1 results. What are Morgan Stanley, Citi and other brokerages saying?
TCS shares climbed 3.5% after the IT major reported a 5% year-on-year rise in Q1FY27 net profit to Rs 13,349 crore and a 14% increase in revenue. While most brokerages retained their ratings, views remained mixed on the outlook, with optimism over AI-led growth offset by concerns around weak discretionary spending, margins and global macro uncertainty.