BUSINESS
Received couple of orders, expecting more in next 2 month: BEL’s Manoj Jain on emergency procurements
In the previous quarter earnings call, Jain had noted that the company expects to bag multiple orders from the recently-approved emergency procurement proposal for the Indian Armed Forces following Operation Sindoor.
BUSINESS
Defence PSU BEL aims at over 15 percent revenue growth this year on strong orders and execution
BEL fell short of its internal revenue growth target for Q1FY26 on shipment delays owing to tensions in the Middle East but is confident of making up for the shortfall in Q2FY26.
BUSINESS
ABB India earnings preview: Muted margins may offset strong revenue growth; high base also in play
According to a Moneycontrol poll of seven brokerages, revenue is expected to rise nearly 11 percent YoY to Rs 3,179 crore. EBITDA margin is expected to decline to 18.3 percent from 19.2 percent in the previous year.
BUSINESS
Buy, hold or sell? Analysts revise IT calls amid headcount woes, AI, disappointing Q1
Across five major IT firms, namely TCS, Infosys, HCL Technologies, Wipro, and Tech Mahindra, analysts made major revisions to their calls on the stocks, data from Bloomberg shows.
BUSINESS
IT layoffs don’t matter anymore—Here’s why fund managers are shrugging off TCS cuts
According to a recent Elara Capital report, 9 out of 15 leading asset management companies or 60 percent remain underweight on the IT sector. Players like Quant MF, PPFAS MF, and ICICI Prudential MF are notably underweight.
BUSINESS
PowerGrid Q1: Revenue to see minor uptick but subdued power demand, finance costs could weigh
India’s overall power generation declined 2% year-on-year in Q1FY26, mainly due to lower output from conventional sources.
BUSINESS
NTPC Q1 preview: High interest costs, weak demand likely to impact earnings despite strong capex
A softer summer and early onset of the monsoon led to a decline in electricity demand across the country, affecting coal-based power generation volumes, say brokerages
BUSINESS
L&T Q1 preview: Robust profit growth on strong execution; but weaker order flows may limit near-term upside
Brokerages feel that a combination of weak order flows, margin pressure, and a cautious project conversion cycle, especially in the Middle East, may assail the behemoth.
BUSINESS
IEX rebound: Value buying or smart exit route?
After a 50% crash form the peak, IEX bounces back 10%, but market insiders say funds may be averaging to exit, not buying into value
BUSINESS
Bharat Electronics Q1 Preview: Strong orderbook, Make-in-India initiatives continue to drive growth despite weak quarter
According to a Moneycontrol poll of six brokerages, BEL's revenue is expected to rise 10% YoY in Q1FY26 to Rs 4,244 crore but may see a 53% sequential fall. They see net profit growing 15% YoY to Rs 925 crore.
BUSINESS
IEX shares shed record 30% in a day; but here's why analysts expect further corrections
Analysts believe that eventually one could see a derating in the PE multiple. The current 35–40x PE multiple was given based on strong earnings and monopoly positioning and that premium is likely to go down, they say.
BUSINESS
Mutual funds bet big on small-caps in June quarter; majority sees MF stake rise
The preference for small-caps during the June quarter coincided with the BSE SmallCap index surging more than 17 percent, outpacing the 14 percent rise in the BSE Midcap index and the 8.7 percent gain in the Nifty 50.
BUSINESS
India’s first woman AMC founder wants to build a mutual fund empire from Tier-2 India
Madhu Lunawat’s The Wealth Company aims to build an asset management powerhouse by focusing on underserved Tier 2 and 3 markets
BUSINESS
Mutual funds cut stakes in private banks for second month, managers call it a “tactical shift”
Fund houses reduce weights after 20-month high; valuations, fundamentals still supportive
BUSINESS
SEBI’s twin fund plan stirs debate: Will it clarify or confuse retail investors?
While the move caps costs, advisors warn it may undo years of mutual fund categorisation reform
BUSINESS
South could be the new North: UltraTech executive director Atul Daga
During the quarter consolidated net profit increased by 49 percent Year-on-Year to Rs 2,226 crore. Revenue also jumped by 13% to Rs 21,275 crore in the June quarter FY2026.
BUSINESS
Sebi proposes second fund in a category to balance growth with investor interest
Allowing second fund to launch at the same expense ratio as that of the first fund is a welcome move and should avoid unnecessary new launches, said fund managers.
BUSINESS
UltraTech Cement Q1 preview: Net profit, revenue seen rising on volume growth, pricing uptick
Consensus estimates peg the EBITDA margin at 20.6 percent, up from 17 percent in Q1FY25. Most analysts attribute the margin gains to softer input costs and better operational efficiency.
BUSINESS
Regulatory safeguards have been put in place to reduce speculation, ensure stable pricing: Sebi chief on electricity futures
The monthly contracts, launched on July 14, modeled on global energy commodities like natural gas and coal, are expected to become high-volume, low-speculation instruments
BUSINESS
Fund Manager Survey: Sentiment turns most bullish since 2024; India slips to fourth rank in Asia, according to BoFA
Virtually no one is calling for a lower level for Asia ex-Japan equities a year out, the survey noted.
BUSINESS
SEBI to issue draft circular on MF Scheme simplification soon, say sources
The purpose of the simplification is to make the investors understand the product or the scheme they are investing.
BUSINESS
Indian mutual funds ride US rally in June as Big Tech boosts global bets
Meta, Microsoft, Amazon lead Rs 1,200-plus crore gain in foreign portfolios; PPFAS, Motilal Oswal among top beneficiaries despite regulatory buying curbs
BUSINESS
Samir Arora’s flagship fund pounces on these four stocks in June — Here’s why analysts think they’re smart bets
Siemens Energy India, Vishal Mega Mart, Niva Bupa Health Insurance, and Swiggy are the four stocks that Samir Arora’s flagship fund picked up
BUSINESS
NFO launches rise in June, but mobilisation drops 52% amid volatility and product fatigue
Investors are losing interest in market themes, according to industry sources.
