Godrej Industries Q1 profit falls 19% even as revenue rises 22%; shares reverse early losses

Godrej Industries’ EBITDA jumped 52% in the June quarter, with margins expanding to 11.1%, while Godrej Properties’ booking value rose 22%.

Godrej Industries’ EBITDA jumped 52% in the June quarter, with margins expanding to 11.1%, while Godrej Properties’ booking value rose 22%.

Elara Capital’s Karan Taurani raises his weightage toward Eternal over Swiggy in quick commerce, citing inconsistent profitability at Swiggy, while naming Trent, United Spirits, Radico Khaitan, Sun TV and PVR Inox among his top picks across retail, alcobev and media.

The BSE Sensex closed at 78,080, up 114 points, while the Nifty50 ended at 24,396, down 40 points. The Nifty Bank fell 251 points to 57,635, while the midcap index gained 97 points to 64,122.

Shares of Amagi Media Labs gained as much as 13.8% to hit an intraday and fresh all-time high of ₹727 apiece. The stock is up 101% from its issue price of ₹361 apiece and up 129% from its listing price…

NBCC has secured a ₹234.78-crore order from ITBP for comprehensive project management consultancy services for construction and redevelopment of infrastructure at 28 Border Out Posts in Ladakh.

Under the new framework, group companies will pay the promoter group for the use of the Aditya Birla brand, with royalty applicable from June 1, 2026. The royalty will be charged at 0.25% of revenue, subject to an annual cap…

L&T said that marking its foray into the AI factory business, it will deploy NVIDIA B300 infrastructure at its Chennai data centre campus to power Together AI’s AI-native cloud platform for large-scale training and interference.

In the grey market, Shiprocket shares are currently commanding a premium of around 35% over the upper end of the IPO price band, signalling strong investor interest ahead of the listing.

The block transaction involved shares equivalent to around 2% of Urban Company’s outstanding equity. The shares changed hands at an average price of ₹136 apiece, taking the total transaction value to around ₹428 crore.

Shares of Morepen Laboratories have gained in six out of the last 10 trading sessions and are now just 4% away from its recent 52-week high of ₹83.5.