Bandhan Bank shares crash 15% after Q1 results; lender cuts RoA guidance. Should you buy, sell or hold?

Reliance Industries received a warning letter from market regulator Sebi. The letter cited alleged insider trading by two employees and a relative. Sebi investigated trades made while possessing unpublished price-sensitive information. The company stated it will address the concerns raised by the regulator. Sebi’s warning is cautionary and imposes no financial restrictions.

Dabur India anticipates a significant boost in its first-quarter profit, driven by strategic price hikes that effectively countered rising inflation and packaging costs. The company noted resilient consumer sentiment despite global challenges, with sequential improvements in business performance. Strong double-digit growth is projected across key international markets like Egypt and Turkey, alongside robust expansion in…

Restaurant chains experienced a significant recovery in the April-June quarter. Value growth and expansion into smaller cities drove this positive trend. Higher in-store traffic and improved daily sales contributed to the recovery. Chains are focusing on value meals and selective price adjustments. This marks a reversal after several quarters of declining sales and profits.