INFOSYS Q3 EARNINGS
Tata Steel shares rise 2%. Why brokerages remain bullish; see up to 30% upside potential
Tata Steel shares rise over 2% following strong Q2 FY27 earnings, with net profit increasing 16% year-on-year. Brokerages largely retain Buy ratings, although target prices vary. Nomura cuts its target, while Jefferies remains optimistic and Axis Securities upgrades its rating, citing improving margins and earnings prospects.
MRF shares fall after heavy raw material costs push Q2 profit down. Why Motilal Oswal screams Sell
MRF reported a 27% YoY decline in Q2 consolidated net profit to Rs 387 crore, as a 43% surge in raw material costs offset 17% revenue growth to Rs 8,660 crore. Motilal Oswal maintained its ‘Sell’ rating with a target price of Rs 1.05 lakh, citing margin pressure, rising input costs and demand concerns.
Cochin Shipyard net profit falls 50% to Rs 54 crore in Q2
Cochin Shipyard Ltd reported a 50% decline in consolidated net profit for the September quarter of FY27. The company's net profit fell to Rs 53.77 crore compared to Rs 107.52 crore a year earlier. However, total income increased to Rs 1,331.81 crore from Rs 1,245.88 crore during the same period. Total expenses also rose to Rs 1,256.71 crore compared to Rs 1,095.97 crore previously.
Titan bets on studded jewellery, premium watches and eyewear to drive growth
Titan’s strong Q2 performance, driven by studded jewellery and premiumisation, is expected to sustain earnings growth, with gold price stability and a prolonged wedding season likely to revive buyer growth.
MRF Q2 Results: Net profit falls 13% YoY to Rs 417 crore, revenue rises 17%; board declares interim dividend
MRF reported a 12.9% YoY decline in consolidated net profit to Rs 417 crore in Q2FY27, despite 17.4% revenue growth. EBITDA fell 14.9%, while the board declared an interim dividend of Rs 3 per share.
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Consumption recovery may take a hit on inflation, weaker rains: Dabur India CEO
Dabur India is monitoring the impact of rising commodity inflation and weaker rainfall on rural consumption. Although there has been steady demand, challenges may emerge in the next two quarters. The company's rural market growth has outpaced urban growth, but this gap is narrowing. Dabur has initiated price increases while striving to maintain growth. The firm is expanding its rural reach and optimizing product distribution channels.

Q2 Earnings Scorecard: Which sectors outperformed and which fell behind?
The September quarter results indicate strong revenue and profit growth in sectors like automobiles and banking. In contrast, sectors such as IT and pharmaceuticals showed weakness amid inflationary pressures. Automobile sector leaders like Maruti Suzuki and Bajaj Auto reported significant growth in sales and exports. L&T's orders surged, while the cement sector faced challenges with fluctuating prices.

Saregama plans Rs 1,200 crore content spend for FY28-FY30
Saregama India plans to invest around Rs 1,200 crore in new content over FY28-FY30, assuming annual budget increases of 10%. The company expects earlier music acquisitions to drive margin expansion, while maintaining 20-23% revenue CAGR guidance for its music business. It is also expanding subscriptions, artist management and live events.

Muhurat Trading 2026: Sensex falls 29 points, Nifty below 25,000 as market snaps 6-day explosive rally on Diwali. What lies ahead in Samvat 2083?
The Indian stock market experienced sharp gains during the Muhurat Trading session on Diwali. Sensex increased by 350 points, surpassing 81,380, indicating strong investor interest. Nifty 50 rose over 80 points, crossing 23,100 as well. Tata Steel, Sun Pharma, BEL, and HDFC Bank contributed to these gains, while some stocks faced losses. Overall, the market breadth remained positive, with more advances than declines.

Divi's Labs Q2 Results: PAT surges 64% YoY to Rs 1,127 crore; revenue jumps 35%
Divi's Laboratories has achieved a remarkable profit surge of 63.6% year-on-year for the September quarter of FY27, driven by a 35.4% increase in operational revenue, totaling Rs 3,676 crore. The company's total income reached Rs 3,770 crore in Q2FY27, while the first half of the fiscal year saw total earnings hit Rs 6,907 crore.

Tata Steel Q2 Results: Profit rises 16% YoY to Rs 3,700 crore, revenue up 11%; Noel Tata to retire as director
Tata Group's Tata Steel has reported a 16.2% year-on-year increase in profit after tax for Q2FY27. Consolidated revenue from operations grew by 11.5% year-on-year, reaching over Rs 65,436 crore. The profit after tax for the quarter was around Rs 3,700 crore, compared to the previous year's amount. Additionally, Noel Naval Tata will retire from his position effective November 11, 2026.

Tesla IPO investors turned $1,000 into $242,000: Can its $1.52 trillion valuation deliver another big payday for shareholders?
Since its initial public offering in 2010, Tesla has surged over 24,000% in stock value. Despite this history, recent earnings data for Q3 reveal a downturn in operating income. Tesla shares plunged 10.77% on Thursday, November 5, closing at $343.69. Friday’s rebound in Nasdaq offered some relief. The company’s high market price suggests optimism for future innovations in AI, like Robotaxis and Optimus. New shareholders face challenges compared to those who invested early.

Why did market rally today? Sensex ends 1,718 pts higher, Nifty reclaims 25,000 as D-Street concludes bumper week. 4 factors behind today’s gains
In a surprising turn of events on Friday, both Sensex and Nifty soared by more than 2%, contrasting with the downturn seen in global markets. This upward movement was sparked by a historic influx of share purchases by foreign investors, emphasizing their belief in India's financial potential. Mahindra & Mahindra shone bright with robust earnings information, though broader markets faced challenges.

Berger Paints Q2 profit lags revenue growth on higher costs
Berger Paints India recorded a consolidated net profit of ₹217.1 crore for the September quarter. Revenue from operations increased by 13.2% to ₹3,200.4 crore during the same period. The profit growth was affected by rising raw material costs and increased advertisement spending, leading to squeezed margins. Consolidated earnings before interest, tax, depreciation and amortisation rose to ₹370.7 crore. The company implemented staggered price hikes to address ongoing raw material inflation.

Bharti Airtel shares jump 3% after Q2 net profit rises 31% YoY. What are brokerages saying?
Bharti Airtel shares rose on Friday after the telecom major reported a 31% year-on-year rise in Q2 FY27 net profit to Rs 8,887.5 crore. Revenue grew 17%, while ARPU improved to Rs 271. Brokerages largely remained positive, citing strong growth, improving margins and healthy cash flow generation.

Titan Q2 Results: Profit jumps 54% YoY to Rs 1,722 crore; total income up 25%
Titan Q2 Results: Titan Company reported a 54% year-on-year rise in consolidated net profit to Rs 1,722 crore in Q2 FY27, driven by strong demand across jewellery, watches and eyewear. Revenue growth remained broad-based despite a shift in the festive calendar, while international jewellery operations expanded with the addition of Damas..

M&M Q2 Results: Profit rises 25% YoY to Rs 4,588 crore, revenue grows 25%
M&M Q2 Results: Revenue from operations grew 25.4% YoY to Rs 57,514.98 crore in Q2FY27, against Rs 45,885.40 crore reported in the year-ago period.

DBS Group Q3 net profit falls 5% to S$2.81 billion, misses estimates
DBS Group reported a 5% year-on-year decline in third-quarter net profit to S$2.81 billion, missing analyst estimates due to weaker market trading income. The bank also announced dividends and a leadership transition, with Anthony Lim set to become chairman in January 2027.

BSE shares jump 4% after Q2 results. Here’s what Bernstein, Motilal, others are saying
BSE shares rose sharply after the exchange reported a 44.9% year-on-year increase in Q2FY27 net profit to Rs 809 crore. Motilal Oswal maintained its Buy rating, Bernstein retained Underperform, while Nuvama continued with Hold. Here's what the three brokerages said about BSE's earnings and growth outlook.

Lenskart Q2 Results: Profit zooms 122% YoY to Rs 227 crore; revenue grows 36%
Lenskart Solutions achieved a net profit of Rs 227.08 crore in Q2FY27, reflecting a 122.1% YoY increase. Revenue from operations rose to Rs 2,845.03 crore, marking a 35.7% YoY growth. Product margin improved to 64% compared to 63.4% in the same quarter last year. The company added 165 new stores in Q2FY27, enhancing its active store count to 3,624.

BMW Q3 profit falls 15% as China competition weighs
BMW reported a 15% year-on-year decline in third-quarter net profit to 1.45 billion euros, a day after issuing its second profit warning of 2026. Intensifying competition from Chinese automakers, rising costs and weaker demand in China are weighing on the German luxury carmaker. Its vehicle deliveries in China plunged 24.8% during the quarter, while global deliveries fell 6.3%.

Ferrari nudges up full-year forecasts after beating consensus in Q3
Ferrari has revised its earnings outlook for 2026 due to impressive third-quarter performance that exceeded expectations. The company noted a 12% increase in adjusted EBITDA, greatly surpassing analyst forecasts. This growth stems from sales of high-margin vehicles and personalized customer requests. However, the total vehicle shipments dipped slightly, totaling 3,368 in the July-September timeframe. The robust order book extends through 2028, with more product launches on the horizon.

Bayer raises 2026 profit outlook on strong pharmaceuticals performance
Bayer raised its 2026 profit outlook after its pharmaceuticals division delivered stronger-than-expected third-quarter sales. The German group also lowered its debt forecast, signalling improving growth momentum and a stronger financial position.

Sensex rises 308 points, Nifty above 23,000 even as broader markets crash. Will D-Street bulls extend recovery next week?
Indian market indices Sensex and Nifty ended the week on a high note, each climbing by up to 0.5%. Even as the broader market suffered losses, standout performers like Trent and IndiGo flourished thanks to positive earnings. The Nifty IT index was a highlight, soaring over 2%, while Nifty Consumer Durables fell nearly 2%.

Microsoft beats expectations fueled by Azure cloud business
Microsoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. The Azure cloud services experienced a remarkable growth of 48%, driven by an increasing demand for AI technologies. In a strategic move, the company has offered voluntary buyouts to 60,000 employees while continuing to innovate hardware aimed at enhancing AI capabilities.

Microsoft beats expectations fueled by Azure cloud business
Microsoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its Azure cloud computing division which grew by 48 percent in the September quarter. However, Google on Wednesday reported that revenue from its cloud division doubled to $30.7 billion during the quarter, bringing it closer to Microsoft's Azure revenue, which reached $33.2 billion in the same period.
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