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Cost pressure to keep Q1 profit growth muted for Nifty 50 companies
Nifty 50 companies anticipate double-digit revenue growth for the June 2026 quarter. Profit growth is projected to remain in single digits due to margin compression. Input cost inflation and elevated crude prices are impacting profitability significantly. Companies with strong pricing power are expected to better protect their profit margins. Select sectors like automobiles and banking are poised for strong growth.
Nifty Outlook for July 8: 24,500 remains supply zone ahead of results season
After encountering resistance near the 24,500 level, the Nifty could witness further consolidation or a mild pullback over the next one to two sessions before attempting another rebound, believes Nagaraj Shetti of HDFC Securities.
Market's worst phase is over; focus on picking the right stocks, says Quant Mutual Fund's Sandeep Tandon
Sandeep Tandon believes the next few months will reward investors who pick strong companies rather than simply betting on the broader market, with infrastructure, power and select energy stocks among his top bets.
SBI Mutual Fund IPO Review: A Complete DRHP Analysis - Groww
SBI Mutual Fund IPO Review: A Complete DRHP AnalysisGroww
Tata Group-owned IHCL signs 20 hotels in Q1, says poised to achieve 700-hotel portfolio by 2030
Indian Hotels Company Ltd signed twenty new hotels during the first quarter. The company is well poised to reach seven hundred hotels by the year 2030. Seventeen of these signings focused on growth brands like Gateway and Ginger. Taj also reached a milestone of one hundred fifty hotels with three new signings. IHCL expanded its operating portfolio to over three hundred eighty hotels globally.
Suzlon Energy Ltd slips for fifth straight session
Suzlon Energy Ltd is quoting at Rs 54.49, down 1.77% on the day as on 13:19 IST on the NSE. The stock tumbled 17.76% in last one year as compared to a 4.3% slide in NIFTY and a 6.95% spurt in the Nifty Energy index.
SJVN Ltd drops for fifth straight session
SJVN Ltd is quoting at Rs 71.31, down 0.61% on the day as on 13:19 IST on the NSE. The stock gained for a third straight session today in last one year as compared to a 4.3% up 0.21%. in NIFTY and a 6.95% up 18.31% in the Nifty Energy index.
Alkem Laboratories Ltd gains for third consecutive session
Alkem Laboratories Ltd is quoting at Rs 5680, up 1.46% on the day as on 12:49 IST on the NSE. The stock is up 18.31% in last one year as compared to a 4.13% drop in NIFTY and a 16.41% drop in the Nifty Pharma index.
Gland Pharma Ltd gains for third straight session
Gland Pharma Ltd is quoting at Rs 2510.4, up 1.92% on the day as on 12:49 IST on the NSE. The stock is up 32.94% in last one year as compared to a 4.13% jump in NIFTY and a 16.41% jump in the Nifty Pharma index.
Info Edge shares surge 11% after Q1FY27 billings rise 14% YoY
Info Edge shares rose sharply after the company reported a 14.4% year-on-year rise in Q1FY27 standalone billings, led by strong growth in its recruitment and real estate businesses. Investor sentiment was also supported by the Coding Ninjas acquisition and additional commitment to its startup investment fund.
Sun Pharmaceutical Industries Ltd spurts 0.07%, up for five straight sessions
Sun Pharmaceutical Industries Ltd is quoting at Rs 1914.2, up 0.07% on the day as on 12:44 IST on the NSE. The stock is up 14.45% in last one year as compared to a 4.11% fall in NIFTY and a 16.43% fall in the Nifty Pharma.
Torrent Pharmaceuticals Ltd spurts 0.67%, up for five straight sessions
Torrent Pharmaceuticals Ltd is quoting at Rs 4855.1, up 0.67% on the day as on 12:44 IST on the NSE. The stock is up 46.13% in last one year as compared to a 4.11% fall in NIFTY and a 16.43% fall in the Nifty Pharma.