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Honeywell Aerospace shares dropped significantly after supply-chain problems impacted sales targets. The company lowered its annual sales growth outlook for 2026 significantly. Analysts expressed concern over the reduced growth forecast compared to sector strength.
Fortis Healthcare's financial report for the first quarter showcases a promising 2.3 percent rise in profit. The consolidated profit after tax now stands at Rs 273 crore, reflecting growth from last year. Additionally, revenue surged 17.5 percent to reach Rs 2,545 crore. The hospital segment thrived, alongside successful diagnostics operations. Leaders of the company highlighted ongoing investment in infrastructure and a positive business momentum for the future.
Technocraft Ventures Ltd secured Rs 75.55 crore from anchor investors before its public offering. The company's Rs 252-crore initial public offering will open for subscription on August 7. It has fixed a price band of Rs 200-212 per share for the issue. Proceeds will fund working capital and general corporate purposes. The infrastructure firm's equity shares are proposed for listing on the BSE and NSE.
Sebi investigated 402 cases in 2025-26 for securities law violations. Fraudulent and unfair trade practices saw 121 cases taken up for scrutiny. Insider trading and illegal trade practices accounted for 224 investigations initiated. Financial statement fraud also came under regulatory focus with 57 cases. Market intermediaries underwent increased surveillance with over 900 brokers inspected.
Muthoot Microfin reported a more than 13-fold rise in Q1 net profit to Rs 81 crore, driven by 49% higher loan disbursements, lower credit costs and improved asset quality. Gross loan portfolio grew 18%, while net interest margin remained stable at 12%.
Indian markets found support from easing crude oil prices and the RBI's stable policy outlook despite range-bound trade. Analysts said Nifty holding above 24,600 keeps bullish momentum intact, with improving earnings expectations and stock-specific buying supporting broader market resilience.
Nifty ended nearly flat after a range-bound session but stayed above key moving averages, preserving its bullish trend. Analysts recommended Tata Technologies and AIIL as buy ideas, citing breakout patterns, strong momentum, rising volumes and favourable technical indicators for further upside.
In FY26, Indian corporate bond fundraising experienced an 8.4 percent drop. However, the total number of bond issuances climbed to 1,967, showcasing resilience. Notably, public issuances surged, yet private placements continued to lead overall fundraising efforts. Additionally, corporate bond trades settled through clearing corporations indicated increased activity in the secondary market, while municipal bond issuances and commercial paper listings saw remarkable growth.