Day: August 7, 2026

ITC Share Price Live Updates: ITC’s Financial Snapshot

Japan’s Nikkei fell over 1% on Friday, dragged down by a selloff in AI and semiconductor stocks, even as the broader Topix stayed roughly flat. SoftBank Group was a key laggard, dropping 4.3% despite posting a smaller-than-expected 18% profit decline for the quarter, investors weren’t convinced the results were strong enough to sustain a rally.

Tata Investment Corp and Tata Chemicals shares rallied up to 7% after the RBI classified Tata Sons among the 16 upper-layer NBFCs, reviving focus on the holding company’s potential listing. The central bank is also examining Tata Sons’ application to surrender its core investment company registration.

Indraprastha Medical Corporation shares surged over 8.5% to Rs 392.90 following strong Q1FY27 earnings. The healthcare operator reported a 9% YoY increase in consolidated net profit to Rs 56 crore and an 11% rise in revenue to Rs 406 crore. The company also fixed September 18 as the dividend record date.

SpaceX shares rose over 6% on Thursday in heavy trading, with more than $23 billion worth of shares changing hands — likely the busiest session since the company joined the Nasdaq 100 on July 7. The rally came despite the first of several scheduled lockup expiries, which more than doubled the number of publicly tradable…

Jefferies’ Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB Fintech’s PolicyBazaar in favor of Multi Commodity Exchange of India (MCX) and eyewear retailer Lenskart Solutions. The move, detailed in his GREED & fear report, signals a shift toward exchange infrastructure and consumer retail plays.

Kalyan Jewellers shares witnessed an uptick on Friday after Jefferies initiated coverage with a Buy rating and Rs 830 target, implying 39% upside. The stock has rallied 63% in a month. Analysts see further gains, citing strong momentum, franchise-led expansion, healthy returns and improving operating performance.

Tamil Nadu Chief Minister C Joseph Vijay rejected an all-party meeting on the Mekedatu Dam. He asserted his government would not compromise on Cauvery water rights. The opposition leader demanded the meeting, citing concerns over water release. Vijay stated the state’s position was already conveyed to the Prime Minister. He urged the opposition not to…

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Fredun Pharmaceuticals share price rose over 3.5% following strong Q1 FY27 results, with net profit increasing 94.1% YoY to ₹13.13 crore. Revenue surged 90.7% YoY to ₹227.75 crore, while total expenses increased primarily due to rising raw material costs and other factors.