FinSiddhi – Page 1876

Tata Elxsi shares fell sharply on Wednesday after rival KPIT Technologies warned of weaker-than-expected Q1FY27 revenue and margins due to a sudden slowdown in orders from European automakers. The update raised concerns over demand across the automotive engineering and software services space, weighing on peer stocks.

Business News

Multibaggers: 11 stocks rallied over 20% in each of the last three July-September quarters

FinSiddhiJuly 1, 2026

A study of seasonal market trends shows 15 stocks with market capitalisation above Rs 1,500 crore have delivered consistent July–September gains over the past three years. Most of these stocks have also posted strong one-year returns, with several turning multibaggers, suggesting momentum combined with seasonal strength may signal continued outperformance potential.

Business News

Explained: Why Paisalo Digital shares hit 20% upper circuit on Wednesday

FinSiddhiJuly 1, 2026

Paisalo Digital shares hit the 20% upper circuit after the company announced that promoter shareholding increased to 46.72% in Q1FY27 from 41.75% in FY26 through open market purchases. The company also outlined an AI-led growth strategy and a roadmap to double its AUM, income and profit over the next three years.

Business News

Why is market rising today? Sensex gains 600 points, Nifty above 24K. 3 key factors

FinSiddhiJuly 1, 2026

Indian stock markets surged on Wednesday, breaking a two-day losing spell. Positive global sentiment and other factors propelled investor confidence, with Sensex and Nifty 50 registering significant gains. The market capitalization saw a substantial increase, adding nearly Rs 2.5 lakh crore. While FMCG and Realty sectors led the charge, IT stocks experienced a downturn.

Business News