Latest Stock Market News

Bharat Dynamics shares rose 3.2% to Rs 1,534 after Q1FY26 PAT surged 154% YoY to Rs 18.35 crore, driven by strong operational performance. Revenue climbed 23.07% to Rs 231.09 crore, while total income grew 23.29% to Rs 334.79 crore. Total expenses increased 19.72% to Rs 311.66 crore, reflecting higher costs but still delivering robust profit growth.

Honasa shares: Global brokerage Jefferies maintained a ‘Buy’ rating with a target price of ₹400, noting 7% YoY revenue growth in line with estimates. Gross margin contracted ~50 bps YoY, while A&P spending rose 3%. EBITDA margin slipped ~60 bps YoY to 7.7% (+2.6 ppt QoQ). EBITDA was flat YoY, but net profit saw slight growth, both exceeding expectations.

Jeffrey Schmid believes monetary policy is “appropriately calibrated” for current economic conditions and should remain modestly restrictive for now.

Deven Choksey indicates portfolio reshuffling is happening across investor levels. Mutual funds are exiting overvalued mid and small-cap stocks. They are securing profits and investing in underperforming companies. This shift contributes to market volatility. The IT sector shows a slight recovery. Investors are cautiously buying quality IT companies with existing order visibility.

Nykaa shares rose 5.4% to Rs 215.95 after brokerages reaffirmed bullish views post-Q1 results. Net profit jumped 79% YoY to Rs 24 crore, revenue grew 23% to Rs 2,155 crore, and GMV climbed 26% to Rs 4,182 crore. Nuvama and JM Financial maintained Buy ratings, citing strong beauty growth, improving fashion performance, and margin expansion potential.

BlueStone plans to raise up to Rs 1,541 crore via its IPO, comprising a fresh equity issue of Rs 820 crore and an OFS of 1.39 crore shares by existing investors, including Accel India III, Saama Capital II, Kalaari Capital, Iron Pillar, and Sunil Kant Munjal.

Trump threatens legal action against Fed Chair Jerome Powell, slamming rate policy and $3.1B HQ renovation claims.

Andrew Ferris of Ecognosis Advisory suggests that inflation is rising. He believes the Federal Reserve will not cut interest rates in September. He finds the S&P 500 overvalued. Ferris highlights that Indian, South Korean, and Taiwanese markets are performing well. He also notes the strength of defence stocks due to ongoing global conflicts.

Regaal Resources initial public offering of Rs 306 crore witnessed strong investor demand. The IPO was subscribed 7.17 times on its second day. The grey market indicates a premium of 25% over the issue price. The IPO includes a fresh issue and an offer for sale. Proceeds will be used for debt repayment and corporate purposes.

RVNL shares fell after its Q1 profit dropped 40% year-on-year to Rs 134.36 crore, hit by lower revenue and weaker operations. The stock, down 24% in 2025, trades below key SMAs with RSI in oversold territory, signalling continued bearish momentum.