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Shaleen Agrawal

Associate Editor

Moneycontrol

Groww Q3 FY26 net profit falls 28% YoY on previous one-time gain; stock jumps 4% as operating revenue rises

BUSINESS

Groww Q3 FY26 net profit falls 28% YoY on previous one-time gain; stock jumps 4% as operating revenue rises

Groww (Billionbrains Garage Ventures) posted a strong operating performance in Q3 FY26, with revenue rising 26 percent year-on-year to Rs 1,261 crore and adjusted profit after tax up 24 percent, driven by user growth, market-share gains across equities and derivatives, and higher contributions from newer products.

Did Kotak Mahindra Bank stock really crash 80 percent today? Here’s why investors must not worry

BUSINESS

Did Kotak Mahindra Bank stock really crash 80 percent today? Here’s why investors must not worry

Shares of Kotak Mahindra Bank only 'appeared' to crash 80 percent on Wednesday, due to the bank’s 5:1 stock split. On a split-adjusted basis, the stock was trading around Rs 419-420, down about 1.6 percent, with no impact on investor value. The shareholdings in demat accounts will automatically increase fivefold.

Sensex, Nifty open flat amid range-bound trade after recent volatility; all eyes on 25,550-25,600 support band

BUSINESS

Sensex, Nifty open flat amid range-bound trade after recent volatility; all eyes on 25,550-25,600 support band

Sensex and Nifty opened flat-to-lower today, with the muted opening following another volatile session. The market remains in a range-bound phase, and the near-term direction hinges on how the Nifty behaves around crucial technical levels.

ICICI Prudential Life Insurance Q3 net profit rises 20%; stock jumps over 2% as VNB margin improves

BUSINESS

ICICI Prudential Life Insurance Q3 net profit rises 20%; stock jumps over 2% as VNB margin improves

ICICI Prudential Life Insurance posted a solid Q3 FY26 results, with profit rising year-on-year on the back of stronger investment income and improved profitability. Growth was led by the retail protection business. The insurer's stock jumped.

HDFC Bank shares rise today after CLSA reiterates ‘outperform’ call, erases gains later; check upside

BUSINESS

HDFC Bank shares rise today after CLSA reiterates ‘outperform’ call, erases gains later; check upside

Shares of HDFC Bank traded flat by afternoon on Tuesday after paring early gains, even as CLSA reiterated its ‘Outperform’ call with a Rs 1,200 target, dismissing concerns around deposit growth and the elevated loan-to-deposit ratio as largely temporary.

TCS, HCL Tech shares swing into green by noon after early losses, as investors factor in Q3 results weakness

BUSINESS

TCS, HCL Tech shares swing into green by noon after early losses, as investors factor in Q3 results weakness

Shares of Tata Consultancy Services and HCL Technologies recovered from early weakness to trade modestly higher by noon, as investors reassessed Q3 results and broker commentary that acknowledged steady execution but flagged limited near-term upside.

Bharat Coking Coal IPO subscription tops 140x on Day 3 as NIIs, QIBs pour in bids; investor optimism builds

BUSINESS

Bharat Coking Coal IPO subscription tops 140x on Day 3 as NIIs, QIBs pour in bids; investor optimism builds

Bharat Coking Coal IPO saw aggressive bidding on day 3, with overall subscription breaching a staggering 140 times, led by strong demand from non-institutional investors, and as qualified institutional investors poured in bids. Retail quota also see strong subscription.

Opening Bell: Sensex, Nifty fall in early trade today as Trump tariff risks cloud near-term outlook

BUSINESS

Opening Bell: Sensex, Nifty fall in early trade today as Trump tariff risks cloud near-term outlook

Indian equity benchmarks Sensex and Nifty slipped about 0.2 percent in early trade on Tuesday, easing after Monday’s rebound as caution resurfaced amid geopolitical concerns and continued foreign fund selling.

HCL Tech stock extends losses, falls over 2% after Q3 results as brokerages flag limited near-term upside

BUSINESS

HCL Tech stock extends losses, falls over 2% after Q3 results as brokerages flag limited near-term upside

Shares of HCL Technologies slipped more than 2 percent in early trade on Tuesday as investors remained cautious despite a strong Q3 showing. Brokerages broadly flagged limited near-term upside.

TCS shares slip in early trade as cautious brokerage views weigh after Q3 results

BUSINESS

TCS shares slip in early trade as cautious brokerage views weigh after Q3 results

Shares of Tata Consultancy Services slipped 0.6 percent in early trade as investors reacted cautiously to its Q3 results, with most brokerages flagging limited growth visibility despite an in-line operational performance excluding one-offs.

HCL Tech Q3 results review: Fundamentals improve, but brokerages cautious on near-term stock outlook

BUSINESS

HCL Tech Q3 results review: Fundamentals improve, but brokerages cautious on near-term stock outlook

HCL Tech’s Q3 results are seen reducing downside risk to earnings and reinforcing confidence in its deal momentum and medium-term growth. But, most brokerages see the stock as fairly priced in the near term.

TCS stock outlook cautious after Q3 results; brokerages flag weak growth visibility

BUSINESS

TCS stock outlook cautious after Q3 results; brokerages flag weak growth visibility

The outlook for Tata Consultancy Services stock has turned cautious after Q3 results, with most brokerages flagging weak growth visibility and muted international momentum, even as operational performance remained largely in line excluding one-offs.

TCS Q3 profit falls 14% YoY on exceptional charges; revenue sees modest growth, Rs 57 dividend declared

BUSINESS

TCS Q3 profit falls 14% YoY on exceptional charges; revenue sees modest growth, Rs 57 dividend declared

Tata Consultancy Services’ Q3 FY26 net profit fell 14 percent year-on-year to Rs 10,657 crore, missing Street estimates, as large exceptional charges linked to restructuring, labour law changes and a US legal provision weighed on reported earnings. Excluding these one-offs, profit rose 8.5 percent, while the IT major declared a Rs 57 per share dividend.

DMart shares jump 3% to hit one-month high after Q3 results, rally despite still-cautious brokerage views

BUSINESS

DMart shares jump 3% to hit one-month high after Q3 results, rally despite still-cautious brokerage views

Shares of Avenue Supermarts (DMart) rose nearly 3 percent on Monday to a one-month high after a margin-led Q3 earnings beat, even as most brokerages remain cautious, with Citi at Sell and Jefferies and Nuvama at Hold.

Lemon Tree Hotels shares jump today on Warburg-led restructuring; brokerages see value unlocking

BUSINESS

Lemon Tree Hotels shares jump today on Warburg-led restructuring; brokerages see value unlocking

Shares of Lemon Tree Hotels Ltd rose nearly 2 percent as brokerages were bullish on the Warburg-led restructuring. Nuvama and Investec maintained ‘Buy’ calls, citing value unlocking from the Fleur demerger and a cleaner, asset-light, zero-debt structure.

Opening Bell: Sensex, Nifty deepen losses, fall 0.5% in early trade; volatility spikes, key support tested

BUSINESS

Opening Bell: Sensex, Nifty deepen losses, fall 0.5% in early trade; volatility spikes, key support tested

Sensex, Nifty fall on Monday: The cautious start to indices follows a fifth straight session of losses on Friday, which pushed the Nifty closer to its medium-term support zone. Benchmark indices were down around 0.3 percent in early trade, with the Sensex falling over 250 points.

DMart stock outlook turns cautious after Q3 results: Brokerages offer guarded calls despite margin beat

BUSINESS

DMart stock outlook turns cautious after Q3 results: Brokerages offer guarded calls despite margin beat

Avenue Supermarts (DMart) Q3 Results Review and Stock Call: The margin expansion was the standout, helping deliver an earnings beat even as growth indicators stayed measured. Brokerages are largely cautious to bearish on the stock.

US Supreme Court holds off on Trump tariff ruling; Indian markets stay under pressure, uncertainty weighs

BUSINESS

US Supreme Court holds off on Trump tariff ruling; Indian markets stay under pressure, uncertainty weighs

The US Supreme Court on Friday did not issue a ruling on challenges to President Donald Trump’s tariffs, prolonging uncertainty for global markets. In India, the lack of clarity kept sentiment fragile, with equities under pressure amid tariff concerns and stalled trade talks with the US.

Andhra Cements shares jump 10% to hit upper circuit as promoter OFS opens at premium floor price

BUSINESS

Andhra Cements shares jump 10% to hit upper circuit as promoter OFS opens at premium floor price

Andhra Cement's OFS for promoter Sagar Cements’ 8.14 percent stake sale opened on Friday at a premium to market price. The floor price for the OFS has been set at around Rs 72 per share, implying a premium of 8.9 percent to Andhra Cements’ closing price on Thursday.

Bharat Coking Coal IPO Day 1 update: Issue subscribed 6x by mid-afternoon; retail, NIIs pile in as QIBs step up

BUSINESS

Bharat Coking Coal IPO Day 1 update: Issue subscribed 6x by mid-afternoon; retail, NIIs pile in as QIBs step up

PSU IPO: Bharat Coking Coal's public issue got subscribed over 6x by the mid-afternoon on day 1 of the bidding. The strong response shows expectations of value unlocking for Coal India Ltd's from the listing.

Bharat Coking Coal IPO fully subscribed within 25 minutes of opening on Day 1; retail and NIIs drive demand

BUSINESS

Bharat Coking Coal IPO fully subscribed within 25 minutes of opening on Day 1; retail and NIIs drive demand

PSU IPO: Bharat Coking Coal's initial public offering was fully subscribed within first half an hour of opening on day 1 of the bidding. The Rs 1,071.11-crore public issue is entirely an offer for sale of 46.57 crore equity shares by promoter Coal India, priced in a band of Rs 21-23 per share.

Sensex, Nifty slip into red in early trade after flat start; investors eyeing key support levels after selloff

BUSINESS

Sensex, Nifty slip into red in early trade after flat start; investors eyeing key support levels after selloff

Markets had opened in the green but quickly gave up gains, reinforcing the cautious tone that has prevailed since the Nifty slipped below the 26,000 mark in the previous session. Analysts see the early weakness as a test of the market’s ability to absorb recent selling pressure.

BHEL shares rebound over 3 percent today in early trade after sharp sell-off; order win helps stock

BUSINESS

BHEL shares rebound over 3 percent today in early trade after sharp sell-off; order win helps stock

Friday’s rebound in BHEL shares reflects selective buying in beaten-down capital-goods stocks after Thursday’s sharp correction, which was triggered by policy-related concerns.

Buy or Sell NHPC stock? CLSA’s ‘high-conviction outperform’ call hinges on FY26 capacity jump, earnings

BUSINESS

Buy or Sell NHPC stock? CLSA’s ‘high-conviction outperform’ call hinges on FY26 capacity jump, earnings

CLSA says that NHPC's installed capacity could rise by as much as 64 percent year-on-year in FY26, setting the stage for a stronger earnings profile over the medium term. Also, NHPC’s board has approved fund-raising of up to Rs 2,000 crore via bonds.

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