Research Reports

The Strong Start: Five-Sector Beat on Q1 FY27 Earnings

Q1 FY27 · earnings · profit growth

Bayer CropScience: The ₹2,207 Crore Promoter Exit

promoter exit · shareholding consolidation · stake acquisition

Cochin Shipyard: The State Steps Back From a Naval Yard

PSU · divestiture · government stake sale

Aditya Birla Money Q1: PAT falls 28% YoY to ₹11.1 Cr as broking profit collapses

Benares Hotels Q1: revenue up 35% YoY but PAT gains capped at 9% as depreciation bites

DEN Networks Q1: consolidated PAT falls 36% YoY to ₹34.6 Cr as treasury income, margins shrink

Jain Resource Recycling: Furnace Explosion Halts Unit II, Capacity Impact Uncertain

furnace explosion · operational disruption · safety

Natco's African Wager: ₹1,060 Crore Bet on South Africa's Pharmacy

cross-border M&A · South Africa · Adcock Ingram

Jindal Saw Q1: consolidated PAT down 78% YoY to ₹91 Cr as margins collapse; revenue +9%

HCLTech: From Services to Infrastructure — The ₹3,500 Crore AI Bet

AI infrastructure · data centers · capex

SG Finserve Q1: standalone PAT doubles YoY to ₹53.7 Cr as interest income surges ~100%

Leapfrog Engineering's maiden FY26: PAT up 21% to ₹19.6 Cr, margins widen

Plastiblends Q1FY27: PAT +67% YoY to ₹14.95 Cr on RM-driven inventory gains, margins expand

HCLTech Q1: consolidated PAT ₹4,626 Cr up 20% YoY beats Street, margins hold firm

Khaitan Chemicals Q1: standalone PAT halves YoY to ₹10.9 Cr as fertiliser margins compress

ICICI Pru AMC Q1: standalone PAT up 23% YoY to ₹965 Cr, margins expand on treasury rebound

Bajaj Consumer Q1: consolidated PAT ₹70.7 Cr, up ~85% YoY as margins expand to ~24%

CG Power: The Numbers Behind the Two-Futures Week

cg power · semiconductors · osat

The NIM Squeeze Spreads — Public Sector Banks Confirm Deposit-Cost Pressure

Q1 FY27 results · deposit costs · net interest margin

Five Stocks Rose 8–17% on Monday. None of Them Filed Anything.

price surge · volume spike · catalyst check

Avantel Q1: consolidated PAT +67% YoY to ₹5.39 Cr, margins expand on cost leverage

defence electronics · satellite communication · margin expansion

L&T Finance Q1: consolidated PAT ₹916 Cr, up 31% YoY on 27% loan-book growth and margin lift

nbfc · retail lending · loan book growth

Bank of Maharashtra Q1 PAT ₹2,021 Cr up 27%; one-off flatters core to ~13%, NIM softens QoQ

psu bank · net interest margin · provision writeback

Indian Bank: consol PAT ₹3,357 Cr, +49% headline but ~10% clean as ₹1,000 Cr ECL buffer built

psu bank · asset quality · provisioning buffer

Elecon Q1: adjusted PAT flat, margins slip 130bps; reported PAT −60% on prior-year one-off base

industrial gears · capital goods · margin compression

One Jeweller Had a Reason to Rise 18%. The Rest Just Followed.

jewellery stocks · gold prices · price surge

The Distress Ladder: This Week's Regulatory Red Flags

sebi enforcement · ibc insolvency · auditor resignation

Cupid Breweries Q1: consolidated net loss widens 124% YoY to ₹0.85 Cr, revenue still nil

alcobev · breweries · pre-revenue

Anand Rathi core PAT +24% to ₹116 Cr; reported ₹163 Cr lifted by fair-value gains

wealth management · fair value gains · aum milestone

The Addendum

tantia constructions · governance · disclosure