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Swiggy, Waaree Energies can rally up to 29% on MSCI inclusion; hint charts
Rex Cano Mumbai
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Shares of new inclusions in the MSCI Global Standard Index namely - Swiggy, Vishal Mega Mart, Waaree Energies and Hitachi Energy traded on a tepid note, slipping up to 2 per cent in trades on Friday mirroring the overall subdued trend in the equity market. Hitachi Energy, in particular, was down 2 per cent, while the other 3 stocks traded with mild losses. MSCI in its semi-annual rejig today announced the inclusion of these 4 stocks in its Global Standard Index with effect from August 26, 2025, post market close. According to Nuvama Institutional Equities research note, these 4 stocks
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Economic Times
38 minutes ago
- Economic Times
Vishal Mega Mart shares in focus as Q1 profit jumps 37% YoY
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Time of India
an hour ago
- Time of India
Vishal Mega Mart shares in focus as Q1 profit jumps 37% YoY
Vishal Mega Mart is set to draw investor attention on Thursday after the company reported strong year-on-year (YoY) growth in profitability for the first quarter of FY26 . Profit After Tax (PAT) for the April-June period rose 37.2% to Rs 206.10 crore from Rs 150.10 crore in the same quarter last year, with the PAT margin improving to 6.6% from 5.8%. Revenue from operations grew 21% YoY to Rs 3,140.30 crore, compared to Rs 2,596.30 crore in Q1FY25. Gross profit stood at Rs 891.30 crore, up 21.6% from Rs 733.10 crore a year ago, translating to a gross profit margin of 28.4%. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like With temperatures hitting 95°F, this is the mini air conditioner everyone's buying in the U.S News of the Discovery Undo The company's reported EBITDA increased 25.6% to Rs 459.20 crore from Rs 365.60 crore, with the EBITDA margin improving to 14.6% from 14.1% in the corresponding quarter. In terms of segment contribution, apparel accounted for 47.4% of total revenue in Q1FY26, followed by general merchandise at 27.3% and FMCG at 25.1%. As of June 30, 2025, Vishal Mega Mart had a consumer base of approximately 151 million. Own brands contributed 75.8% of the company's revenue during the quarter. 'In Q1FY26, we continued to deliver a strong performance in both revenue and profitability and demonstrated the strength of our purpose-led strategy of making aspirations affordable for consumers across geographies in India,' said Gunender Kapur, Managing Director and Chief Executive Officer of Vishal Mega Mart. Live Events 'The Indian economy remained steady in Q1FY26. Moderation in retail inflation, coupled with favourable tax policie,s is expected to offer relief to household budgets and improve consumer confidence. With our business on a solid footing, we will continue to deliver affordable and aspirational products backed by cost efficiency and focus on execution to create lasting stakeholder value,' he added. Also read: Zerodha's Nithin Kamath on how a boring, invisible Sebi step brought windfall gains for retail investors ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
3 hours ago
- Time of India
Stocks in news: BPCL, Vodafone Idea, ICICI Bank, IRCTC, Vishal Mega Mart
In today's trade, shares of BPCL, Vodafone Idea, ICICI Bank, IRCTC and Vishal Mega Mart will be in focus due to various news developments. Markets saw a slight increase, continuing their consolidation. Several companies are in focus due to recent news, including Vodafone Idea, Patanjali, IOCL, and Inox Wind, as they release their first-quarter results. ICICI Bank adjusted its minimum balance requirement, while companies like United Spirits, Deepak Nitrite, IRCTC, Pfizer, Vishal Mega Mart, and BPCL reported their quarterly financial performance. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Markets edged higher, gaining over half a percent, and continued their consolidation phase. In today's trade, shares of BPCL IRCTC and Vishal Mega Mart will be in focus due to various news of Vodafone Idea, Patanjali, IOCL and Inox Wind will be in focus as the companies will announce their first quarter results Bank revises Rs 50,000 minimum balance requirement for new savings accounts to Rs 15,000 following feedback from customers. United Spirits reported a net profit of Rs 258 crore in the first quarter. Revenue stood at Rs 2,549 crore in the same Nitrite reported 45% year-on-year (YoY) decline in net profit at Rs 112 crore for the first quarter that ended June reported a 8% year-on-year (YoY) rise in its consolidated net profit for the quarter ended June 30, 2025, at Rs 331 crore. Pfizer reported a net profit of Rs 192 crore in the first quarter. Revenue stood at Rs 604 Mega Mart revenue increased by 21% from last year to Rs 3,140 crore from Rs 2,596 Petroleum Corp (BPCL) reported a better-than-expected quarterly profit, helped by a dip in costs and improved fuel demand.
