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Latest Stock Market News

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Orient Cement Ltd, now part of billionaire Gautam Adani-led Adani Group, on Friday reported a multi-fold jump in its net profit to Rs 205.37 crore for the first quarter ended June 2025.

Goldman Sachs bought nearly 9 lakh Authum Investment shares for Rs 200 crore at a 20% discount. Despite recent volatility, the stock remains a strong multibagger performer.

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TVS Motor Company on Friday said its board will next week consider and approve raising of funds via the issue of securities on a private placement basis.

Realty firm Sobha Ltd on Friday reported a more than two times increase in its consolidated net profit to Rs 13.61 crore for the quarter ended June.

Hexaware Technologies posted a 38% YoY profit rise to ₹380 crore in Q2, but missed expectations due to higher costs and muted revenue. Revenue guidance was also lowered, prompting a 10.7% stock decline despite steady overall growth.

Despite the Sensex falling 720 points on Friday, seven BSE 500 stocks including Laurus Labs, Shyam Metalics, and ICICI Bank touched new 52-week highs, reflecting strong bullish momentum amid broader market weakness.

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Airtel Africa posted a 25% YoY revenue surge to $1.41 billion and a 20% profit rise to $156 million in Q1 FY26, driven by tariff hikes, strong data growth, and subscriber expansion, especially in Nigeria and Francophone Africa.

Aadhar Housing Finance posted an 18.5% YoY rise in Q1 net profit to ₹237 crore on a 19.4% income increase, despite higher provisions and a slight NIM dip. Disbursements surged 32%, and AUM grew 22% YoY.

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A decline in promoter holdings may hint at fundraising or possible misalignment of interests. Nine Nifty500 companies saw significant stake reductions in the June 2025 quarter versus March.

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Wall Street s main indexes opened steady on Friday following record closes for the S&P 500 and the Nasdaq in the previous session, while investors looked for signs of progress in trade talks as they braced for the August 1 tariff deadline.

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