ADITYA BIRLA CAPITAL LTD Q1 RESULTS
Infosys Q2 Results: Profit jumps 13% YoY to Rs 7,364 crore, revenue up 9%
Infosys Q2 Results: Infosys announced strong financial results for the second quarter of FY26. Net profit saw a 13% year-on-year increase to Rs 7,364 crore. Revenue from operations grew by 9% to Rs 44,490 crore. The company also declared an interim dividend of Rs 23 per share. Infosys revised its FY26 revenue guidance upwards.
Eternal Q2 Results: Zomato parent's PAT plunges 63% YoY to Rs 65 crore, but revenue soars 183%
Eternal Q2 Results: Food delivery giant Eternal witnessed a significant 63% drop in net profit to Rs 65 crore for the September quarter, falling short of market expectations. Despite this, revenue surged by an impressive 183% year-on-year to Rs 13,590 crore. The company's strong topline growth, up 90% sequentially, pleased investors, pushing its stock to a new 52-week high.
Nomura sets Nifty50 target at 26,140 for March 2026, adds 3 stocks to preferred list
Nomura maintains its Nifty50 target at 26,140 for March 2026, adding Prestige Estates, Swiggy, and Titan to its preferred stocks list. The brokerage favours sectors like Financials, Autos, Cement, and Pharmaceuticals while remaining cautious on Capital Goods, IT Services, and Metals amid modest recovery expectations.
How Rs 78 lakh crore mutual fund industry tweaked portfolios after GST rate cut, before Q2 results
In September, mutual funds rebalanced portfolios, increasing exposure to banks, automobiles, and select sectors, while trimming technology and consumer stocks; key buying seen in HDFC Bank, ICICI Bank, Kotak, and Tata Steel.
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Tata Investment Corp shares tumble over 12% in two days after trading ex-split
Tata Investment Corporation shares slipped 3.5% to Rs 908 after trading ex-split, following a 1:10 stock split on October 14. Despite an apparent 90% drop, market capitalisation remained unchanged. Q1 results showed strong profit growth, while the stock gained over 7% post-adjustment. Investor attention is on Tata Sons’ potential listing.
Stocks in news: Axis Bank, Infosys, Wipro, Hyundai, RBL Bank, Angel One, Jio Financial
Indian markets saw a strong rebound, driven by positive trade news and a stronger rupee. Several major companies including Axis Bank, Infosys, and Hyundai are in the spotlight today. Investors are watching for second-quarter results from IT giants Infosys and Wipro. Hyundai announced a significant investment in India. RBL Bank will consider fundraising. Angel One reported a profit decline.
French luxe retailer Galeries Lafayette set for India entry
Galeries Lafayette is set to open its first Indian store in Mumbai's historic Turner Morrison Building. This marks a significant entry into India's growing luxury market. The Parisian department store is partnering with Aditya Birla Fashion and Retail Ltd for operations. A second store is planned for New Delhi.
Aditya Birla fashion unit to open Galeries Lafayette stores in Mumbai, Delhi
French luxury retailer Galeries Lafayette is set to open its first Indian store in Mumbai. Aditya Birla Fashion and Retail announced the partnership. Plans are underway for a second store in Delhi. The company aims to open stores in at least four major Indian cities within three years. An online platform for Galeries Lafayette is also planned for India.
Axis Bank Q2 Results: Standalone profit falls 26% YoY to Rs 5,090 crore as provisions spike sharply
Axis Bank Q2 Results: Axis Bank's standalone net profit experienced a significant 25% year-on-year decline, falling to Rs 5,090 crore in the second quarter. This decrease occurred despite a marginal 2% rise in net interest income, which reached Rs 13,744 crore during the same period.
HDB Financial Services Q2 Results: Profit drops 2% YoY to Rs 581 crore, NII jumps 20%
HDB Financial Services Q2 Results: HDB Financial reported a marginal 2% drop in net profit to Rs 581 crore for the July-September quarter, despite a 13% increase in revenue to Rs 4,545 crore. Net interest income rose 20% YoY to Rs 2,192 crore, supported by higher yields and efficient funding. The company's gross loan book grew 13% YoY to Rs 1.
Mutual funds raise investments in PSU banks in September, weight hits 17-month high
Mutual funds have raised their exposure to PSU banks, pushing the sector’s weight to a 17-month high of 3.3% in September. This marks a 30-basis-point month-on-month rise from 3% in July and August 2025, and a 70-basis-point increase year-on-year from 2.6% in September 2024, according to Motilal Oswal Financial Services.
IREDA shares slip nearly 3% a day after Q2 results as investors book profits
Shares of Indian Renewable Energy Development Agency (IREDA) fell 2.6% to Rs 153.35 after a strong Q2 FY26 showing. Despite a 41.5% YoY jump in net profit and robust operational metrics, investors booked profits, leading to a price correction. Loans and disbursements also saw significant growth.
IIM Lucknow sees a jump in average and median stipend for summer placements
IIM Lucknow achieved a significant summer placement drive for its 2025-2027 batch. The average stipend reached Rs 1.67 lakh per month, an increase from last year. The highest stipend offered was Rs 3.95 lakh per month. Over 580 offers were secured by students. Top firms participated, including Adani, Accenture, and Google, with several new recruiters joining the process.
Mutual funds load up on bank stocks in September, buy Kotak and ICICI Bank shares worth over Rs 3,000 crore
Mutual funds reduced cash reserves slightly in September. Key banks like Kotak and ICICI saw additions. Investors bought into HDFC Bank and Tata Steel in large caps. Mid-cap funds favored Hero MotoCorp and Indus Towers. Small-cap additions included Kingfa Science and HealthGlobal. Reliance Industries and TCS were consistently added for the third month.
IREDA Q2 Results: Cons profit jumps 41% YoY to Rs 549 crore; stock rises 4%
IREDA Q2 Results FY26: Indian Renewable Energy Development Agency (IREDA) reported a consolidated net profit of ₹549.33 crore for Q2 FY26, up 41.5% YoY from ₹388 crore in Q2 FY25. Revenue from operations rose 26.2% YoY to ₹2,057 crore.
Tata Capital shares to make D-Street debut on Monday. Here's what to expect
Tata Capital’s Rs 15,511 crore IPO is set to debut on October 13, with funds aimed at strengthening Tier-I capital, supporting retail lending, digital initiatives, and infrastructure financing. Despite strong anchor participation and top-tier credit ratings, the grey market premium has turned flat, suggesting a muted listing. Analysts maintain a long-term positive outlook on the NBFC.
Tata Capital shares make weak debut, list at just 1% premium after 2025’s biggest IPO
Tata Capital share price: Tata Capital shares debuted on stock exchanges with a modest gain. The IPO saw strong demand from institutional investors. Proceeds will bolster the company's capital base for future lending. Tata Capital has shown steady revenue and profit growth in recent fiscal years. This listing marks a significant step for the Tata Group's financial services arm.
Best flexi cap mutual funds to invest in October 2025
Investors should make sure that they are choosing a scheme that is in line with their risk appetite. For example, some flexi cap schemes may be more conservative than others. It is for you to identify the one that suits your temperament. If you are planning to invest in flexi cap funds, here are our recommendations. We will closely watch the performance of these schemes and update you about it every month.
Flipkart's exits; Dassault's India expansion
Happy Friday! Flipkart has divested stakes in multiple startups and companies to sharpen its focus on its main business. This and more in today's ETtech Morning Dispatch.
Etailer Flipkart offloads Rs 2,400 crore investments to focus on core and IPO
According to publicly available block deals data, Bengaluru-based Flipkart, which is majority-owned by US-headquartered Walmart, sold shares in companies including Aditya Birla Lifestyle Brands, Aditya Birla Fashion and Retail (ABFRL) and trucking aggregator platform Blackbuck. The latest was Flipkart's sale of its entire stake of about 6% in Aditya Birla Lifestyle Brands through a block deal worth Rs 998 crore on October 6.
TCS to announce Q2 results today: 10 things to track and how to trade
Tata Consultancy Services announces Q2 results today. Investors anticipate subdued growth and minimal margin changes. The company navigates challenges including employee separation, wage adjustments, and uncertain US demand. Key factors to watch include the impact of layoffs, US market outlook, revenue growth, and margin performance. Mega deals and vertical performance are also under scrutiny.
Mamata Banerjee hints at pressure behind Kumar Mangalam Birla skipping factory inauguration
West Bengal Chief Minister Mamata Banerjee suggested that industrialist Kumar Mangalam Birla's cancellation of his visit to inaugurate a paint factory might have been due to external pressure. Birla cited health issues for his absence from the event in Kharagpur, a decision Banerjee alluded to being influenced by a 'highly loaded virus'.
Aditya Birla Sun Life Mutual Fund suspends fresh subscription in its 3 international funds
Aditya Birla Sun Life Mutual Fund suspends fresh subscriptions in three international funds from 7 Oct 2025, revises minimum SIP/STP and Liquid Fund application amounts, while existing plans continue unaffected.
Stocks in news: Adani Green, M&M, Kalyan Jewellers, ONGC, Brigade Enterprises
Indian markets surged over half a percent, buoyed by strong domestic and global factors. The Nifty is poised to test higher levels, with analysts favoring PSU banks, oil marketing companies, and defense stocks. Several companies like Adani Green, M&M, and ONGC are in focus due to significant business developments and approvals.
SBI Life Insurance, Aditya Birla MF, others buy 6% stake in AB Lifestyle Brands for Rs 998 cr
SBI Life Insurance, Aditya Birla MF, Morgan Stanley, Goldman Sachs, and other entities have cumulatively acquired over 7.31 crore shares, representing a 6 per cent stake, in Aditya Birla Lifestyle Brands from Flipkart Investments for Rs 998 crore through open market transactions on Monday.
Stock Radar: Aditya Birla Capital stock hits fresh record high in October 2025; time to buy or book profits?
Aditya Birla Capital shares hit a record ₹304 in October 2025, maintaining strong bullish momentum. Analysts expect the rally to continue, targeting ₹325 in the coming weeks amid robust technical indicators and sustained uptrend signals.
Aditya Birla Lifestyle shares surge 11% on Rs 950 crore block deal; Flipkart likely seller
Aditya Birla Lifestyle shares: The stock surged after a major block deal of over 7 crore shares (5.93% equity) took place. Flipkart Investments is reported to be the seller, with the deal executed at Rs 130 per share, totaling over Rs 900 crore. The transaction, attracting multiple institutional investors, highlights sustained interest in India’s premium lifestyle and apparel sector.
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