Latest Stock Market News

Carborundum Universal Ltd on Friday recorded a dip in its consolidated net profits at Rs 60.39 crore for the April-June 2025 quarter due to a decline in its sales in the abrasives business, the company said.

Nalco reported a stellar 78% YoY jump in Q1FY26 net profit to Rs 1,049.5 crore, with revenue rising 33.3% to Rs 3,807 crore. The company also declared a Rs 2.50 final dividend. Despite strong results, shares slipped 1%, trading below key SMAs.

The Indian rupee ended lower for a fifth straight week, its biggest consecutive weekly drop in six months, as trade tensions between India and the United States escalated following President Donald Trump s call for new tariffs on Indian goods.

Tata Motors Q1 Results: The profit attributable to shareholders was higher than Street estimates of Rs 3,408 crore.

Promoter pledge levels rose in several Nifty500 companies during Q1 FY26, signaling potential financial stress or liquidity needs. Key names include Afcons, Marico, Ajanta Pharma, and Asian Paints, raising investor caution amid higher collateral-backed funding.

PG Electroplast shares fell 23% after Q1 net profit dropped 20% YoY and 54% QoQ to ₹67 crore. Despite 14% YoY revenue growth, early monsoon hit seasonal AC sales. Management stays optimistic on long-term outlook.

Indian stocks fell for a sixth week, hit by Trump’s tariff move, weak earnings, and foreign outflows. Select stocks saw sharp moves post-Q1 results. Investor sentiment remained fragile.

Grasim Industries announces a strong first quarter. The company s net profit rises by 32% compared to last year. Revenue from operations also increases significantly. Cement and Chemicals businesses drive the growth. The Paints business remains a key focus. The company anticipates benefiting from India s economic growth. Expansion plans for Cellulosic Fibres are underway.