📰 Latest Economy & Stock Market News
Vijay Kedia-backed Atul Auto shares fall 9% despite nearly 4x YoY surge in Q1 profit
Updated at : 2026-08-10 15:35:01

Vijay Kedia-backed Atul Auto shares fell 9% despite a nearly four-fold year-on-year jump in Q1 FY27 net profit. Revenue rose 43%, supported by a sharp increase in three-wheeler dispatches. The company is also expanding its electric vehicle push through a partnership with Exponent Energy, targeting 15,000 rapid-charging electric three-wheelers.

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Global Market: China bears the brunt of Asia’s crude oil demand cut as Middle East supplies shrink
Updated at : 2026-08-10 15:30:01

China is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude imports fell sharply in June and July, despite a recovery in July. August shipments are expected to improve, but September could offer a clearer picture of supply disruptions.

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Hindustan Copper Q1 Results: PAT zooms 163% YoY to Rs 353 crore; revenue rises to Rs 937 crore
Updated at : 2026-08-10 15:25:02

Hindustan Copper reported a 163% year-on-year jump in Q1FY27 net profit to Rs 353 crore, while revenue from operations rose 81.4% to Rs 936.5 crore. EBITDA more than doubled to Rs 507.5 crore from Rs 212.3 crore, with EBITDA margin expanding to 54% from 41% a year earlier, the state-owned miner said in a regulatory filing.

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Global Market |Bank of Japan signals vigilance on Yen weakness, keeps door open for rate hikes
Updated at : 2026-08-10 15:20:02

The Bank of Japan monitors yen weakness closely, with Governor Kazuo Ueda highlighting its impact on import costs and inflation. While short-term rates remain at 0.75%, currency movements increasingly influence price trends. Policymakers balance supporting economic recovery with managing inflation risks amid global uncertainties and sustained yen depreciation.

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Hitachi Energy jumps 7% after Q1 results. Here's why Nomura initiated coverage on stock
Updated at : 2026-08-10 14:50:02

Hitachi Energy India shares jumped over 7% after the company reported a 123.5% YoY rise in Q1 FY26 profit. Nomura initiated coverage with a Buy rating and Rs 40,030 target, citing strong order inflows, rising T&D demand and multiple growth opportunities.

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Alphabet vs Meta: Which stock is the better long-term bet?
Updated at : 2026-08-10 14:45:01

Alphabet and Meta are both investing heavily in AI to drive advertising growth and build new revenue streams. While Alphabet benefits from greater diversification across Search, YouTube and Cloud, Meta has a strong edge in AI-powered advertising. The key question for investors is which stock offers the better long-term risk-reward opportunity.

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Global Market: Shanghai, Hong Kong stocks rise as consumer gains offset tech weakness
Updated at : 2026-08-10 14:40:02

Shanghai and Hong Kong stocks gained on Monday as consumer and property shares offset weakness in technology stocks. Investors assessed fresh Chinese inflation data, which pointed to persistent deflationary pressures, for clues on Beijing’s policy outlook. Expectations of fiscal support and resilient exports also shaped market sentiment.

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Vedanta Oil and Gas shares surge 12% to fresh record high. What should investors do?
Updated at : 2026-08-10 14:35:01

Vedanta Oil and Gas shares rose sharply on Monday after CRISIL upgraded the company’s long-term credit rating. The company reported a sharp turnaround in Q1 FY27, posting a net profit of Rs 945 crore. Here’s a look at its financial performance, growth plans and key factors investors should consider.

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Pix Transmissions shares surge over 12% after Q1 profit spikes 98% YoY
Updated at : 2026-08-10 14:30:02

Pix Transmissions shares surged after the company reported a 97.8% YoY jump in Q1 FY27 PAT to Rs 4,829 crore. Revenue from operations rose 21.6% YoY to Rs 13,453 crore, while total comprehensive income increased 98% to Rs 4,817.52 crore.

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