News Overview

Reliance Industries Q1 FY27 results show strong revenue and EBITDA growth despite lower net profit. Jio Platforms remains the key growth engine with strong 5G expansion, broadband growth and IPO plans.

SBI Funds Management IPO is expected to make a strong market debut as the issue received 41.73 times subscription. With GMP at ₹101, the estimated listing price stands at ₹675, indicating a possible 17.60% gain for investors.

Global crude oil prices surged as escalating US-Iran military tensions triggered fears of supply disruptions from the Middle East. Brent crude climbed above $91 per barrel, while gold prices gained as investors turned toward safe-haven assets amid heightened geopolitical uncertainty.

Vedanta Ltd and its newly demerged entities Vedanta Aluminium Metal and Vedanta Oil & Gas have received rating upgrades from CRISIL, highlighting stronger business profiles, improved financial flexibility and lower leverage. The upgrades support investor confidence as Vedanta focuses on growth across zinc, aluminium, oil & gas and other natural resource businesses.

Caliber Mining IPO is a ₹450 crore book-built issue opening from July 17 to July 21, 2026. Check IPO details, GMP trend, price band, financial performance, business strengths, risks, and listing expectations.

Jio Financial Services delivered a strong Q1 FY27 performance with triple-digit profit growth, higher loan disbursements, and expansion across financial services segments. Despite strong fundamentals, JFSL shares continue to face pressure due to valuation concerns, rising expenses, and weak recent stock performance.

Axis Bank delivered a strong Q1 FY27 performance with a 23% jump in net profit, improved asset quality, and healthy loan growth. However, the stock dropped more than 5% after earnings. Here's a detailed look at why the market focused on shrinking margins and future profitability instead of headline profit growth.

Adani Power shares climbed nearly 2% ahead of its Q1 FY27 earnings announcement scheduled for July 22. The board will also consider fundraising proposals, while recent acquisitions, a 25-year power supply agreement with MSEDCL, and a ₹2 lakh crore capacity expansion plan continue to strengthen the company's long-term growth outlook.

HDFC Bank shares dropped nearly 5% on July 20 after the bank's Q1 FY27 earnings missed market estimates. Despite reporting year-on-year growth in net profit and NII, investors reacted negatively to the earnings miss. However, Jefferies, Bernstein, and Nomura continue to maintain bullish ratings, citing strong asset quality and long-term growth prospects.

Hyderabad-based Skyroot Aerospace scripted history with the successful launch of Vikram-1, India's first privately developed orbital-class rocket. Mission Aagaman carried multiple domestic and international payloads into Low Earth Orbit, marking a major milestone for India's commercial space sector.