Borosil Renewables reported a standalone net profit of ₹87.71 crore for Q1FY27, reversing the net loss of ₹27.23 crore in Q1FY26. Revenue from operations increased 22.1% to ₹405.69 crore, supported by higher average selling prices and operational efficiency. On a consolidated basis, the company posted a net profit of ₹86.64 crore against a loss of ₹20.35 crore in the prior year. The EBITDA margin remained above 33% for the fourth consecutive quarter, aided by a new solar wind hybrid captive powe

The IPO pf Indo-MIM comprises a fresh issue of Rs 500 crore and an offer for sale of up to Rs 3,312 crore by existing shareholders and promoters.

Axis Bank shares fell 5.54 per cent to Rs 1,255.25. The consensus target on the stock, which included fresh targets by 32 brokerages, stood at Rs 1,579.65, implying 25 per cent potential upside for the stock.

Eveready Industries India Limited reported revenue from operations of ₹1,454.61 crore and PAT of ₹171.23 crore for FY 2025-26, aided by exceptional gains from the Noida plant sale. The company commissioned India's only operating alkaline battery facility at Jammu with an investment of ~₹200 crore and a capacity of 456 million units per annum. The Board recommended a dividend of ₹2.50 per share, and the 91st AGM is set for August 11, 2026.

Reliance Industries shares gained after the conglomerate reported better-than-expected June quarter earnings, driven by robust growth across its energy, digital and refining businesses. Brokerages remained bullish on the stock, with several reiterating Buy ratings and raising target prices, citing strong operational performance, improving refining margins and long-term growth prospects across Jio, retail and renewable energy.

Jefferies said ICICI ‌Bank surprised positively, followed by Kotak ​Bank and Axis ​Bank, while HDFC Bank's earnings were relatively weaker

ICICI Bank shares gained in early trade on Monday after the private lender's June quarter results beat Street estimates. Brokerages remained bullish on the stock, highlighting sector-leading loan growth, resilient margins and strong asset quality.

HDFC Bank crashed in early trade after the lender's June quarter earnings marginally missed estimates on both profit and net interest income, even as brokerages retained their bullish ratings on the stock.

Stock Market Today: Equity benchmark indices opened lower on July 20 as escalating US-Iran war tensions pushed crude oil prices above $90 a barrel.