News Overview

Kaynes Technology shares rallied over 13% after reports of semiconductor expansion plans under India Semiconductor Mission 2.0. The company is exploring global partnerships for wafer fabrication, materials, and chip ecosystem development while leveraging its ₹3,307 crore Sanand OSAT facility.

Juniper Green Energy IPO will open for subscription on July 30, 2026. The ₹1,800 crore renewable energy IPO offers exposure to India's growing clean energy sector, with a 7.9 GW portfolio, strong project pipeline, and plans to reduce debt through IPO proceeds.

Swiggy stock rallied for the third straight session, gaining 7.7% as investors welcomed Nandita Sinha's appointment as Instamart CEO. Improving sentiment after Zepto's reported valuation cut and expectations of better quick commerce profitability further supported the rally.

Suzlon Energy shares dropped nearly 3% after the company reported Q1 FY27 earnings. Revenue surged 22.3% year-on-year, but net profit fell 5.9%, reflecting margin pressure. Brokerages remain optimistic about the company's long-term renewable energy growth story despite the short-term earnings miss.

Paradeep Phosphates shares rallied 11% after the company posted robust Q1 FY27 earnings. Revenue surged 36% YoY, net profit rose 24%, and the board approved a ₹250 crore Aluminium Fluoride plant, strengthening the company's long-term growth strategy amid favorable fertilizer sector trends.

Infosys surged more than 5% in intraday trade after Jefferies upgraded the IT sector and added the company to its India Model Portfolio. Improving AI sentiment and global rotation away from Asian chip stocks further supported the rally.

The Nifty IT index surged nearly 3% and has gained almost 16% in July, driven by strong Q1 FY27 earnings, improving investor sentiment, and global sector rotation. Infosys, TCS, Coforge, LTIMindtree, and Wipro were among the top gainers as the index continued its sharp recovery.

The Manipal Health Enterprises IPO has opened for subscription at a price band of ₹560–590 per share. With a GMP of ₹10, an estimated listing gain of 1.69%, and a muted Day 1 subscription, investors are closely tracking demand and grey market sentiment before making their investment decision.

The Indo MIM IPO allotment is expected to be finalized soon after the issue was subscribed 72.37 times. Check the latest GMP, subscription figures, estimated listing price, and learn how to verify your allotment status online through NSE and BSE.

Suzlon Energy reported a mixed set of Q1 FY27 earnings with strong revenue growth, record wind turbine deliveries, and a robust 6.1 GW order book. However, declining net profit and shrinking EBITDA margins led to a nearly 10% fall in the company's share price. Here's a detailed analysis of what drove the market reaction and what investors should watch going forward.