Profit by knowlytics
Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
Indian stock markets extended gains on Thursday after the US Federal Reserve paused interest rates. However, some policymakers signaled a potential rate hike later this year. Broader markets experienced declines while select large-cap stocks led the Sensex higher. Rising Brent crude prices and a split Fed decision present significant headwinds for markets. The Indian economy’s…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Kospi skyrocketed over 122% since the beginning of the year to hit a lifetime high of 9,386 in June on the back of a global AI frenzy, before things began to go downhill. While South Korea’s stock market grabbed headlines as the world’s best-performing stock market this year so far, analysts were quick to point…
European shares traded in a tight range as investors balanced rising geopolitical tensions in the Middle East and uncertainty over the U.S. interest rate outlook against a steady flow of corporate earnings. Energy stocks gained on higher oil prices, while Schneider Electric surged after raising guidance.
Shares of Balkrishna Industries jumped 8% after the tyre maker reported a 50% year-on-year rise in June-quarter net profit, driven by strong volume growth. The company also outlined ambitious 2030 growth targets backed by a Rs 6,800 crore capex plan.
Swiggy Q1 Results: The online food and grocery delivery platform reported a 37% year-on-year increase in revenue from operations to Rs 6,812 crore in the April–June quarter of FY27, compared with Rs 4,961 crore in the year-ago period.
Hyundai Motor India reported a net profit of Rs 889 crore for Q1 FY27. This represents a significant 35% decrease from the previous year’s earnings. Revenue from operations saw a slight dip to Rs 16,335 crore. EBITDA also tumbled 31% year-on-year to Rs 1,512 crore. The company experienced a challenging quarter due to multiple headwinds.
Bajaj Finance on Thursday reported 28% year-on-year (YoY) growth in its standalone net profit at Rs 6,081 crore, compared with Rs 4,765 crore in the last year quarter. Net interest income in the reporting period increased 23% YoY to Rs 12,571 crore.
Shareholding data for the June 2026 quarter show that retail investors increased their stakes in 328 small-cap stocks for the second consecutive quarter, signalling sustained confidence.
Vedanta’s net profit surged seventy-two percent year-on-year for the first quarter. Revenue from operations also increased fifty-four percent during the same period. The company’s EBITDA soared ninety-eight percent to its highest level ever. EBITDA margin improved significantly, excluding the copper business segment. These strong financial results reflect a robust performance for Vedanta.