Profit by knowlytics
Suzlon Energy’s net profit fell nearly 6% year-on-year in the first quarter. Revenue from operations, however, grew over 22% during the same period. The company achieved its highest-ever first-quarter deliveries at 506 MW. Analysts maintain buy ratings, though some lowered price targets due to margin pressures. Geopolitical issues and logistics disruptions impacted the company’s recent…
Prominent investors Mukul Agrawal, Ashish Kacholia, and Dolly Khanna have exited eleven stocks. Their stakes in these companies have declined below one percent this quarter. Some stocks saw gains while others experienced significant price drops. These investors are known for identifying promising small-cap companies. Their moves suggest profit booking and reduced exposure to underperformers.
Larsen & Toubro (L&T) shares climbed after the company reported a 14% YoY rise in Q1 FY27 net profit to ₹4,123 crore. Revenue from operations grew 7% to ₹67,942 crore, with international business contributing 51% of total revenue. Following the strong earnings, brokerages maintained their ‘Buy’ ratings on the stock.
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Foreign investors reduced stakes in most Nifty IT stocks during the June quarter. Oracle Financial Services Software saw the largest foreign investor stake increase. Mutual funds also cut holdings in nine of ten Nifty IT companies. Some foreign investors now see opportunities in beaten-down IT valuations. Sector growth faces challenges from artificial intelligence and global…
On July 29, five Nifty 500 stocks including Hindustan Unilever, Suzlon Energy, and Capri Global Capital closed below their Volume Weighted Average Price (VWAP). According to StockEdge data, closing below VWAP indicates that late-session trading occurred below the day’s average price, signalling potential short-term selling pressure.
Inox Wind secured a repeat 200 MW turnkey order from NLC India worth Rs 1,600 crore. This project involves end-to-end execution and will be commissioned within twenty-four months. The company’s order book now stands at 4.7 GW, strengthening its market position. Inox Wind’s CEO expressed confidence in growth visibility and timely project delivery. The company…
Shree Balaji (Mala) Textiles is set for its stock market debut today on the BSE SME platform. The company’s shares are showing a strong grey market premium of 80%. Its recent IPO received an overwhelming subscription of over 186 times overall. Proceeds from the issue will primarily strengthen the company’s working capital needs. Shree Balaji…
Inox Wind secured a repeat 200 MW turnkey order from NLC India worth Rs 1,600 crore. This project involves end-to-end execution and will be commissioned within twenty-four months. The company’s order book now stands at 4.7 GW, strengthening its market position. Inox Wind’s CEO expressed confidence in growth visibility and timely project delivery. The company…
On July 28, four Nifty 500 stocks, including Radico Khaitan and Kalyan Jewellers, closed above their Volume Weighted Average Price (VWAP). According to StockEdge data, trading above VWAP indicates that buyers paid above the day’s volume-weighted average, signalling potential short-term bullish momentum across these counters.