RELIANCE POWER LTD Q1 RESULTS

Multibagger in 6 months, GMDC shares surge 13% to hit fresh 52-week high

GMDC is one of India’s leading mining and mineral processing companies with operations for more than five decades.

Varun Beverages Ltd forms JV with Everest International to make refrigerators

Varun Beverages has entered into a joint venture with Everest International Holdings, forming White Peak Refrigeration. VBL holds a 50% stake in the venture, which will focus on manufacturing visi-coolers and other refrigeration equipment. The company has invested ₹21.25 crore, acquiring 2,12,50,000 equity shares in White Peak Refrigeration Pvt Ltd.

NTPC shares in focus after Tanda Thermal Power Station Stage-I shutdown

NTPC shares are set to be in focus after the state-run power producer announced the permanent closure of its Tanda Thermal Power Station, Stage I, effective September 1. The facility comprised four units of 110 MW each. The shutdown, approved by the competent authority and communicated to the CEA, aligns with NTPC’s ongoing portfolio optimisation strategy.

Broadcom Q3 earnings beat expectations driven by AI revenue - can its custom chips challenge Nvidia?

AVGO stock: Broadcom's fiscal third-quarter earnings exceeded expectations, fueled by robust AI demand. The company anticipates even higher revenue in the current quarter, driven by custom AI accelerators, networking components, and VMWare software. While shares remained mostly flat, investor optimism persists regarding Broadcom's potential to challenge Nvidia's market share in AI chips.

Reliance's Oil-to-Chemicals profit margins largely unaffected by Russian crude: Jefferies

Jefferies reports Reliance Industries' O2C profitability shows minimal dependence on Russian crude due to offsetting logistics costs. The company's O2C profitability is tracking a strong 15 per cent year-on-year growth in the first half of 2026, supported by firm auto fuel margins and European diesel spreads. Reliance maintains compliance with Western sanctions and can adapt to potential Russian crude sanctions.

Omnichannel jewellery retailer Bluestone narrows Q1 loss as revenue rises 41%

For the Bengaluru-based company, which announced its first results after listing on the Indian bourses, total expenses during the quarter rose 29% to Rs 538.4 crore, led by a 51% jump in employee benefit costs to Rs 62.9 crore.

Adani Green, Waaree Energies and other renewable energy stocks in focus as GST cut to 5% from 12%

Renewable energy stocks like Adani Green, Tata Power, NTPC, and Waaree Energies in focus after the GST Council cut tax on solar, wind, biogas, and other clean energy devices and parts to 5% from 12%, lowering costs for developers and boosting green transition.

Small and mid-cap firms lag behind large caps in Q1 earnings show

An ETIG analysis reveals that small and mid-cap firms underperformed large caps in the June quarter, with profit growth hitting multi-quarter lows. Large caps saw improved profit and sales growth, maintaining stable profit margins, while smaller firms experienced declines.

Hotel stocks rally up to 50% in FY26: Will GST 2.0 give them an extra boost?

Hotel stocks surged up to 50% in FY26, fueled by strong demand, GST reform hopes, and expansion plans. Analysts remain bullish on Lemon Tree, Chalet, and Apeejay Park, citing rising room rates, reduced debt, and new projects. Seasonal travel and premium supply gaps further support the growth outlook.

Treasury chaos: 30-year yield soars past 4.97% as US faces tariff refund threat

Treasury yields moved higher as investors worried about the future of U.S. tariffs after a key court ruling. The 30-year yield crossed 4.97%, its highest in weeks, while global bond markets also saw a sharp rise. The case over Trump tariffs has now created fresh questions for Wall Street, government revenue, and market stability.

JSW Cement Q1 profit before exceptional item & tax at Rs 164.74cr, revenue up 7.8%

JSW Cement Ltd reported a multi-fold increase in its profit before exceptional items and tax of Rs 164.74 crore for the first quarter ended June 2025.

Reliance Power, Reliance Infra shares hit 5% upper circuit. A look at Anil Ambani group stocks' 1-year run

Reliance Power and Reliance Infrastructure shares surged to 5% on Tuesday, continuing a two-day rally. Reliance Power shares have seen a sharp rally buoyed by positive developments in its renewable energy business.

Rs 2.4 lakh crore wiped out from Mukesh Ambani stocks in 1 year. Can Reliance drive the comeback?

Mukesh Ambani's ten companies collectively experienced a market value erosion of nearly Rs 2.4 lakh crore in the past year, with Reliance Industries leading the decline. Despite this downturn, brokerages remain optimistic about Reliance's long-term prospects in telecom, new energy, and AI, while concerns linger regarding the Jio IPO and its potential benefits for RIL shareholders.

Reliance Intelligence is the new Jio for Mukesh Ambani: Can AI leap help RIL become deep-tech giant?

Mukesh Ambani is making a bold AI push with the launch of Reliance Intelligence, promising "AI everywhere for every Indian." At RIL’s AGM, AI took center stage, signaling a shift from oil to deep tech. With $100 million in joint ventures, giga-scale data centers, and global partnerships, brokerages call it India’s most aggressive GenAI play yet.

D-St plans on Jio's mind, likely tariff hike may boost valuation: Analysts

Reliance Industries is planning to list Jio Platforms by 2026. This move may lead to a 15% tariff increase in the telecom sector. Analysts predict Jio's valuation could rise beyond $133 billion. The IPO will offer exits to early investors. Sebi's new rule benefits Jio's listing. Reliance aims to leverage GenAI, using new energy and Nvidia chips.

Ahead of Market: 10 things that will decide stock market action on Tuesday

Indian markets rebounded on Monday after three sessions of losses, driven by stronger-than-expected 7.8% GDP growth and relief from a U.S. court ruling on Trump’s tariffs. Analysts highlighted optimism in autos and consumer durables but cautioned on GST and borrowing risks.

Explained: What record-breaking Jio IPO means for 44 lakh Reliance Industries shareholders

Mukesh Ambani is gearing up for Jio's mega IPO — tipped as the "mother of all IPOs" – but Reliance Industries' 44 lakh shareholders may be sidelined. Unlike the Jio Financial Services spin-off, this listing won't give them direct shares. Instead, they'll benefit indirectly via RIL’s 66.3% stake, which may face a holding company discount from investors seeking direct exposure.

Is India's Q1 GDP growth overestimated? The surprise behind the better-than-expected 7.8% number

HSBC India warns that India’s June quarter GDP growth of 7.8% may be overstated due to low deflators, especially in services and manufacturing. Inflation adjustments risk inflating real growth. External pressures like US tariffs and GST revenue impacts pose further challenges. Economists emphasize cautious optimism and stress the need to monitor growth sustainability amid evolving fiscal and global dynamics.

Robust Q1 GDP numbers reflect India's resilience: Economic Affairs Secretary

Reliance AGM 2025: Reliance Retail's consumer biz to become direct arm of RIL, sets ₹1 lakh cr revenue target

Reliance Retail's Consumer Products business, RCPL, will become a direct subsidiary of Reliance Industries, announced at the 48th AGM. Isha Ambani highlighted India's expanding consumer market, driven by the middle class and rural adoption of branded products.

RBL Bank shares rise 3% after Societe Generale acquires shares worth Rs 79 crore via bulk deal

RBI Bank share price: French lender Societe Generale executed a bulk deal in RBL Bank, purchasing over 31 lakh shares worth Rs 79 crore at an average price of Rs 250.57, while simultaneously offloading 1.29 lakh shares in another trade.

India Inc earnings downgrade drought shows first signs of breaking: Will Q2 mark the bottom?

The earnings decline for Indian companies might be nearing its end. Q1 saw the smallest downgrade cycle in a year. Large companies are showing stability. Oil and Gas sector boosted overall growth. Construction materials and telecom sectors are performing well. Textiles and consumer durables are facing challenges. Rural consumption revival and potential RBI policy changes could aid growth.

Reliance Industries shares in focus after Rs 45 crore Nauyaan Shipyard buyout

Reliance Industries shares: RIL has fully acquired Nauyaan Shipyard Pvt Ltd in a ₹45.3 crore deal, completing its phased buyout from Welspun Corp. The shipyard is now a wholly owned step-down subsidiary of RIL.