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Suzlon Energy reported a consolidated net profit of Rs 305 crore for the first quarter of FY27. This figure represented a nearly six percent decline year-on-year from Rs 324 crore. However, the renewable energy company’s revenue from operations rose twenty-two point five percent. Shares of the company fell more than four percent following the earnings…
Adani Energy Solutions’ Rs 3,500 crore QIP was oversubscribed 3.1 times, attracting bids worth over Rs 10,800 crore from domestic mutual funds, insurers, foreign investors and Premji Invest. The issue was priced at Rs 1,615 per share, a discount to the SEBI floor price. The proceeds will fund capital expenditure, debt repayment, acquisitions and general…
Ambuja Cement Q1 Results: Revenue from operations also declined 7.5% YoY to Rs 9,474 crore from Rs 10,244 crore in the year-ago quarter, the company said in a regulatory filing.
Veteran investor Vijay Kedia reduced his stake in microcap firm Innovators Facade Systems during Q1 FY27, selling over 3.66 lakh shares. His holding fell from 10.66% to 8.71%, leaving him with 16.44 lakh shares at the end of June. The stock has declined more than 35% over the past six months.
Motilal Oswal Private Wealth has increased its recommended portfolio allocation for mid and smallcaps to 50% in its July 2026 report, citing attractive valuations and high exposure to growth sectors. The firm maintains a neutral stance on overall equities while advising a flexible, actively managed investment approach.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Shares of Hindustan Unilever dipped more than six percent after first-quarter earnings reports revealed an unexpected dip in net profit by three percent due to earlier tax credits. Yet, revenue from operations climbed ten percent year-on-year, totaling seventeen thousand crore rupees. The company’s Home Care and Beauty & Wellbeing divisions showcased robust sales performance, prompting…