UltraTech Cement shares rose after the company posted a 17% year-on-year rise in Q1 FY27 consolidated net profit to Rs 2,599 crore and a 16% increase in revenue to Rs 24,648 crore. The stock also gained after multiple brokerages raised their target prices, encouraged by strong earnings and management guidance

HDFC Bank’s stock has declined significantly this year, losing considerable investor value. Analysts note a widening operating gap between HDFC Bank and ICICI Bank. Margins are under pressure for HDFC Bank, while loan growth lags peers. ICICI Bank shows stronger earnings, better margins, and faster credit growth. Investors await margin recovery and management stability for…

Gold prices saw an increase as oil prices softened due to diplomatic efforts. Yemen’s Houthis threatened a naval blockade, which could disrupt oil shipping routes. This situation comes amid ongoing tensions between the United States and Iran. Mediators have presented proposals to Tehran, indicating active diplomatic contacts. Meanwhile, Russia’s gold reserves have seen a slight…

Bangalore-based Indo-MIM has announced the price band of its ₹3,812 crore-Initial Public Offering (IPO) at ₹461-485 per share. The issue will open for subscription on July 23 and close on July 27.

The Securities and Exchange Board of India fined CDSL one crore rupees. This penalty addresses cybersecurity and operational lapses following a malware attack. The depository failed to adequately secure critical systems, which disrupted operations. CDSL’s systems were isolated from the market after the incident. No monetary penalty was imposed on former top officials.

Karur Vysya Bank announced a significant 45% rise in first quarter net profit. This increase brought their earnings to ₹756 crore compared to the previous year. The bank’s pre-provision operating profit also saw a substantial 36% jump. Net interest income grew by 32%, boosting overall financial performance. However, the bank’s gross non-performing assets experienced a…

The firms have set target prices of Rs 675 and Rs 750 for March and June 2027, implying an upside of up to 31% from the IPO issue price of Rs 574.

Four stocks from the Nifty500 segment that gained over 3.5% featured in the RSI Trending Up scan on July 20 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

On July 20, seven stocks in the Nifty500 appeared on the ‘White Marubozu’ bullish scanner, according to StockEdge’s technical scan data. The bullish candlestick pattern reflects strong buying momentum throughout the trading session, signalling sustained positive sentiment and the potential for a continuation of the upward price trend.