What's up, what's down, how's the market doing, know it all right here! ARN: We recommend adding 40-50 words of introductory content related to Infobyte, covering the keywords "infobyte, stock market news" (3-4 occurrences). What's up, what's down, how's the market doing, know it all right here! We recommend adding 40-50 words of introductory content related to Infobyte, covering the keywords "infobyte, stock market news"
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Hero Moto: Strong Q1-Beat on Margins and PAT. Volume declined by 11% to 1.37mn units and Realization grew by 6% to Rs.70,068/unit. Positive
According to the company’s management, competition has increased in entry level segment where the company lost market share on QoQ basis. Further, the company is facing supply chain issue with shortage of rare earth magnet. Negative
MOIL: The company has posted a monthly update for July. It produced 1.45 lakh tonnes of manganese ore, up 11.4% over the corresponding year-ago period. Sales during April–July period stood at 4.53 lakh tonnes, compared to 5.02 lakh tonnes during April–July 2024, down 10% y-o-y. Negative
US President Donald Trump imposed an additional 25% tariff on imports from India bringing the combined tariffs imposed by the United States to 50%. Negative for textile stocks such as Gokaldas Exports, KPR Mills, among others.
Defence Acquisition Council (DAC) approved various proposals amounting to a total cost of about Rs 67,000 crore for all the three forces Army, Navy and Air. The defence acquisitions include night sights for BMPs (infantry fighting vehicles), compact autonomous surface craft, BrahMos systems, mountain radars, MALE drones, and missile and aircraft upgrades. The government also approved the procurement of medium altitude long endurance (MALE) remotely piloted aircraft (RPAs) for the three services. Positive read through for defence companies such as BEL, HAL, BEML and L&T
Stock update: – JK Lakshmi Cement– Strategic expansion, favourable outlook.
Stock update: Radico Khaitan (Consolidated) result update – Robust Q1; momentum to continue
Stock update: CESC Q1FY26 result – Decent Q1; Renewable energy addition to drive growth
Stock update: Zydus Wellness (Consolidated) result update – Soft Q4
Stock update: Coal India – Inline quarter; Maintain Buy
HEG: The board has approved Rs. 650 crore investment for an expansion plan to add 15,000 TPA to the existing 1,00,000 TPA capacity for Graphite Electrodes and related products. The expansion will be financed through internal accruals and potentially debt and is expected to be completed within 30 months.
JSW Steel: The Supreme Court has allowed applications for the company’s review petition regarding the Bhushan Power & Steel resolution plan to be listed for an open court hearing and oral arguments.
JSW Steel: The Supreme Court has allowed applications for the company’s review petition regarding the Bhushan Power & Steel resolution plan to be listed for an open court hearing and oral arguments.
Bharat Forge: The company will establish a state-of-the-art ring mill for aerospace applications.