Honasa Consumer shares get an upgrade from CLSA but stock remains below IPO price

Management guided for an EBITDA margin of about 7% in FY26, with 100-150 bps expansion each year over the next four to five years.

Management guided for an EBITDA margin of about 7% in FY26, with 100-150 bps expansion each year over the next four to five years.

Through this tech transfer, Thermax will manufacture key systems and balance-of-plant components of electrolysers for integration with the stacks.

Q1 Results LIVE Updates: Bharat Petroleum (BPCL), Max Healthcare, Muthoot Finance, Samvardhana Motherson, United Spirits, Godrej Industries, IRCTC, Hindustan Copper, Devyani International, Avanti Feeds, are among the important earnings today.

Defence made up 87% of Premier Explosives’ order book, while explosives and services accounted for 7% and 6%, respectively, at the end of the June quarter.

Average daily production for ONGC stood at 4.22 lakh barrels per day, which is down 1% from the March quarter, adjusting for one extra day during the quarter. This decline comes after production increased for two quarters in a row.

Despite government stimulus, property sales remain sluggish this year, prompting analysts including UBS Group AG’s to delay expectations of a recovery to mid-to-late 2026. New-home sales by the 100 largest developers have fallen more than 20% for two consecutive months,…

Barring Maruti Suzuki, Hero MotoCorp, M&M, and Tata Motors, the remaining 10 stocks in the Nifty Auto index ended with losses during Tuesday’s trading session.

Sensex Today | Stock Market LIVE Updates:The index closed below its 100-Day Moving Average (DMA) figure of 24,514. That becomes the first level for the index to cross on the upside. Tuesday’s high of 24,702 is now over 200 points…

Having corrected 25% from its all-time high levels, shares of HAL are trading at valuation multiples of 31 times and 27 times current and one-year forward price-to-earnings, which, according to Motilal Oswal, are “attractive.”

Underlying industry outlook, efforts to increase the content per vehicle, updates on inorganic initiatives and any potential impact of tariffs, would be some of the key factors to watch from Samvardhana Motherson for the June quarter.