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TCS shares rose for a second straight session on Monday after the IT major reported a 5% YoY rise in Q1 FY27 net profit and announced an interim dividend of Rs 12 per share. Brokerages remain divided, with target prices implying both downside risk and upside potential of up to 45%.
Kalyan Jewellers shares rose sharply on Monday, extending their four-day rally to 47% after a strong Q1FY27 business update. While technical indicators remain bullish, analysts see up to 58% further upside, with brokerages citing robust demand, store expansion and the company’s asset-light franchise model as key growth drivers.
Cupid Limited shares experienced mild profit booking after a significant rally. The company’s equity shares were reclassified to BSE Group ‘A’ recently. Cupid reported strong Q1 FY27 business momentum, exceeding expectations. Management has raised the FY27 revenue guidance by at least ten percent. Elevated valuations and technical indicators suggest investors will monitor future execution closely.
HDFC Bank shares dropped on Monday ahead of its Q1 FY27 earnings this week, erasing around Rs 21,500 crore in market value. While the lender reported strong loan growth in its business update, investors will closely track earnings, asset quality, margins and management commentary for signs of sustained growth.
Vedanta Group stocks gained on Monday, recovering from a recent correction after their stock exchange debut. Vedanta Iron and Steel shares rose nearly 5%, while Vedanta Oil and Gas also saw an increase. Vedanta Power shares experienced a slight gain, and Vedanta Aluminium shares traded higher today. Brokerages have issued bullish calls for Vedanta Aluminium,…
Wall Street faces a pivotal week with key economic data releases and corporate earnings. Investors will closely watch inflation figures and Federal Reserve commentary for market direction. Geopolitical tensions in the Middle East are also a significant concern for global energy supplies. Major banks like JPMorgan Chase will kick off the second-quarter earnings season. Robust…
Emerging markets saw substantial equity outflows totalling $46.1 billion in June. South Korea and Taiwan experienced the largest investor withdrawals from their stock markets. However, emerging market debt attracted foreign inflows, showing investor preference for fixed income.
SK Hynix anticipates a severe global memory chip shortage extending beyond 2030. Accelerating artificial intelligence infrastructure demand fuels this projected supply constraint. The company is exploring new fabrication facilities in regions like the United States. South Korea plans significant domestic memory chip production expansion over five years. Record profits highlight SK Hynix’s strong leadership in…
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…