Britannia Industries Ltd’s December quarter (Q3FY26) earnings were largely in line with expectations, with consolidated revenue rising 9.5% year-on-year to ₹Rs 4,885 crore. Growth during the quarter was evenly driven by volumes and realizations, as the company increased grammage for its ₹5 and ₹10 packs following the Goods and Services Tax (GST) rate cut in…
Wipro Ltd shares fell 7% on Monday after its December quarter (Q3FY26) results and management commentary signaled subdued revenue growth and margin pressure. Despite furloughs, Q3 revenue growth came closer to the upper end of the guidance range of -0.5% to +1.5%. Sequential constant currency (CC) revenue grew 1.4%, aided by about 80 basis points…
Yet the market’s verdict is at odds with broker opinion. Of the 21 brokerage firms tracking Somany Ceramics, 19 recommend ‘buy’, ‘add’ or ‘accumulate’, while only two suggest a ‘hold’, according to Bloomberg data. The divergence reflects a stock caught between near-term execution challenges and a broker consensus betting on a multi-year turnaround. Analysts argue…
BHEL shares slid 15% after reports flagged possible Chinese competition in power equipment. Analysts say policy risks are overstated, with execution, margins and a ₹2.2 trillion order book in focus. Source
