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<p><strong>Apollo Microsystems share price:&nbsp;</strong>Shares of Apollo Microsystems Ltd, a Hyderabad-based defence technology company, rose nearly 2 per cent to Rs 173.19 apiece in Monday’s trade following its Q1FY26 results and the announcement of a first-ever export order worth $13.37 million (Rs 113.81 crore). The stock saw renewed investor interest after the exchange filing on August 4 highlighted strong operational performance and a key milestone in its global expansion strategy.</p>

<h2><strong>Q1FY26 earnings highlights&nbsp;</strong></h2>

<p>Apollo Microsystems reported a 110 per cent year-on-year (YoY) jump in net profit, which surged to Rs 176.8 million from Rs 84.3 million in the same quarter last year.</p>

<ul>
	<li>
	<p>Revenue stood at Rs 1,335.8 million, up 46 per cent YoY from Rs 912 million.</p>
	</li>
	<li>
	<p>EBITDA rose 83 per cent YoY to Rs 409.4 million, from Rs 223.7 million.</p>
	</li>
	<li>
	<p>EBITDA margin improved by 600 basis points to 31 per cent.</p>
	</li>
	<li>
	<p>PAT margin expanded by 400 basis points to 13 per cent, both YoY and sequentially.</p>
	</li>
</ul>

<p>The management attributed the earnings growth to timely execution of its strong order book and transition of high-value defence systems into production.</p>

<h2><strong>Export order details</strong></h2>

<p>Apollo Microsystems announced its first international defence export order worth $13.37 million. The company said this marks a strategic milestone in expanding its global footprint. "This achievement reflects the trust international clients place in our capabilities. It reaffirms our commitment to unlocking growth opportunities in new markets,” Apollo Microsystems said in a regulatory statement.</p>

<h2><strong>Stock performance</strong></h2>

<p>The stock saw a 10 per cent dip in the last month. Apollo Microsystems has delivered over 48 per cent gains in the last three months, driven by strong business momentum. Over a five-year horizon, the stock has delivered a&nbsp;1,298 per cent return, establishing itself as a multibagger in the defence space.</p>

<h2><strong>Investor Outlook</strong></h2>

<p>With a strong order pipeline, increasing focus on indigenisation, and now a footprint in the export market, Apollo Microsystems is positioning itself as a key player in India’s Make in India and defence export narratives.</p>

<p>Analysts remain optimistic on the company’s earnings trajectory, given the expanding margin profile, strategic wins, and operational efficiency.</p>


Multibagger defence stock rises nearly 2% on quarterly earnings, margin expansion and global breakthrough


Defence multibagger Apollo Microsystems shares edged higher in trade; what drove the rally?

<p>Stocks, just like friends, come in all types;&nbsp;some are loyal, some volatile, and a few are just plain adventurous. This Friendship Day, why not gift your portfolio something that grows in value? Here's a curated list by Market guru Anil Singhvi and&nbsp;Zee Business Research for stocks that perfectly match every kind of friendship. Scroll ahead to find your ideal "stock friend" -&nbsp;whether it’s&nbsp;HDFC Bank or Zomato!</p>


Which stock is your portfolio's best friend? Market guru Anil Singhvi pick these scrips; check full list here

<p>Swiggy Platforms&nbsp;<span style="box-sizing: border-box; margin: 0px; padding: 0px;">Ltd. on Thursday reported a sharp uptick in losses for the April-June quarter of FY26, posting a consolidated net loss of&nbsp;Rs 1,197 crore, nearly double the&nbsp;Rs 611 crore&nbsp;loss recorded a year ago. Its shares slumped nearly 4 per cent the next day (Friday) and continued to trade about&nbsp;36 per cent&nbsp;below their</span>&nbsp;52-week high, reflecting investor disappointment amid intensifying competition in the food delivery and quick commerce space.</p>

<p>In contrast, Eternal’s parent company, the owner of Zomato and quick commerce brand Blinkit, delivered comparatively better results.</p>

<p>Eternal reported a positive net profit of Rs 25 crore, despite a 42 per cent&nbsp;year-on-year drop in adjusted EBITDA to Rs 172 crore. This demonstrated greater operational resilience and efficiency relative to Swiggy.</p>

<h2><strong>Topline Growth</strong></h2>

<p>Both companies witnessed a significant&nbsp;growth in demand. Swiggy’s gross order value in its B2C business climbed <strong>45 per cent&nbsp;YoY to Rs 14,797 crore</strong>, and total revenue surged <strong>54 per cent&nbsp;YoY to Rs 4,961 crore</strong>. Meanwhile, Eternal’s B2C net order value rose <strong>55 per cent&nbsp;to Rs 20,183 crore</strong>, driving a <strong>70 per cent&nbsp;jump in consolidated revenue to Rs 7,167 crore</strong>.</p>

<h2><strong>Quick Commerce</strong></h2>

<p>Blinkit recorded a net order value increase of <strong>127 per cent&nbsp;YoY to Rs 9,203 crore</strong>, surpassing Swiggy’s quick commerce arm, Instamart, which saw <strong>108 per cent&nbsp;YoY growth</strong> to Rs 5,655 crore. Blinkit added <strong>243 new dark stores</strong>, totaling <strong>1,544</strong>, compared to Instamart’s <strong>45 additions</strong>, bringing its count to <strong>1,062</strong>. This dominance in rapid delivery infrastructure reinforces Eternal’s edge in quick commerce.</p>

<h2><strong>Profitability Canvas</strong></h2>

<p>Profitability Canvas<br />
Eternal reported net profit despite dwindling EBITDA, while Swiggy's loss mounted. Swiggy reported an operating loss of Rs 813 crore versus Rs 348 crore last year, a result of deep investment in Instamart and logistics.</p>

<p>Eternal also indicated its optimism by aiming for 2,000 Blinkit dark stores by December 2025, hoping expenses to normalize over time.</p>

<p>Conversely, Swiggy is still exposed to increasing losses as investments in quick commerce keep flowing.&nbsp;</p>

<h2><strong>Investor Takeaway</strong></h2>

<p>As Swiggy keeps spending big on expanding quick commerce, margin pressures and increasing losses have taken a toll on its shares. Eternal (Zomato + Blinkit), while under stress, has more control over operations and is progressing strategically on infrastructure.</p>

<p>Investors following the space should keep an eye on the important levers in the future: order value expansion, dark store expansion, and EBITDA recovery path. Cost rationalisation efforts, earnings commentary, and competitive positioning within rapid commerce continue to be critical for both companies.</p>


Swiggy’s shares fall nearly 4% after Q1 net loss doubles; Eternal’s Blinkit continues to lead quick commerce growth in a mixed earnings landscape.


Swiggy vs Zomato Q1: Eternal, Blinkit outperform as Swiggy’s net loss doubles to Rs 1,197 crore

<p>Shares of PNB Housing Finance slumped over 15 per cent to hit a 52-week low of Rs 834 on Friday, August 1, following the resignation of Managing Director and CEO Girish Kousgi. The stock hit its lower circuit on the NSE, trading down 14.91 per cent at Rs 834.90 apiece.</p>

<h2><strong>What fueled the fall</strong></h2>

<p>The company informed exchanges that&nbsp;Girish Kousgi will step down effective October 28, 2025, to pursue opportunities outside the organisation. He had joined PNB Housing in October 2022, steering the company through a strategic transformation phase.</p>

<p>In a statement, R. Chandrasekaran, Chairman of the Nomination and Remuneration Committee, said “The Board will initiate a rigorous, transparent, and merit-based selection process to appoint a new leader who will further enhance the legacy of PNB Housing Finance.”</p>

<h2><strong>Company's plan after this&nbsp;</strong></h2>

<p><span style="font-size: 13px;">PNB Housing Finance has affirmed that its&nbsp;strategic roadmap, growth plans, and financial stability remain intact&nbsp;despite the leadership transition.</span></p>

<p><span style="font-size: 13px;">The company stated that Kousgi has built a “strong foundation”, which will enable continuity in execution and performance.&nbsp;</span></p>

<h2><strong>June quarter performance</strong></h2>

<p>In the June quarter (Q1 FY26), the company posted a 23 per cent jump in net profit to Rs 534 crore, compared to Rs 433 crore in the same quarter last year.</p>

<ul>
	<li>Total income rose to Rs 2,082 crore vs Rs 1,832 crore YoY</li>
	<li>
	<p>Interest income improved to Rs 1,980 crore, up from Rs 1,739 crore</p>
	</li>
	<li>
	<p>Net interest income (NII) increased 17 per cent to Rs 760 crore</p>
	</li>
	<li>
	<p>Net interest margin (NIM) improved to 3.75 per cent, up from 3.65 per cent</p>
	</li>
	<li>
	<p>Gross NPAs declined to 1.06 per cent, from 1.3 per cent YoY</p>
	</li>
</ul>

<h2><strong>Stock performance</strong></h2>

<p>Despite robust financials, investor sentiment took a hit post the leadership change. Here’s how the stock has performed:</p>

<ul>
	<li>
	<p>Down 15 per cent intraday on August 1</p>
	</li>
	<li>
	<p>Dropped 18 per cent in the last five sessions</p>
	</li>
	<li>
	<p>Fell 25 per cent in the last one month</p>
	</li>
	<li>
	<p>Down 6 per cent in the last six months</p>
	</li>
	<li>
	<p>52-week high: Rs 1,202.20 (Sept 13, 2024)</p>
	</li>
	<li>
	<p>52-week low: Rs 746.70 (Feb 28, 2025)</p>
	</li>
</ul>

<p>The company’s market capitalisation now stands at approximately Rs 21,721 crore.</p>


PNB Housing Finance share price tanks over 25% in a month as MD &amp; CEO Girish Kousgi announces exit; company affirms growth plans remain intact.

&nbsp;


PNB Housing Finance plunges 15% to hit 52-week low as CEO Girish Kousgi resigns; what investors should know

<p>Textile and apparel stocks took a heavy beating on Thursday as markets reacted sharply to former US President Donald Trump’s fresh move to slap a <strong>25% tariff on Indian exports</strong>, effective August 1. The move triggered a sector-wide sell-off, with key export-linked textile counters falling as much as <strong>9 per cent&nbsp;in intraday trade</strong>.</p>

<p>At the opening bell, the BSE Sensex crashed nearly 800 points, while the Nifty 50 dropped over 200 points, before recovering into the green by afternoon. However, the textile sector remained deep in the red, underscoring investor concerns over its high dependence on the US market.</p>

<h2><strong>Why are textile stocks falling?</strong></h2>

<p>The US is India’s <strong>largest destination for textile and apparel exports</strong>, accounting for nearly 42 per cent&nbsp;of the country’s total outbound textile trade. According to the Commerce Ministry, India exported <strong>$34.4 billion worth of textiles in FY24</strong>, making it a key pillar of India’s manufacturing and export economy.</p>

<p>Trump’s tariff announcement is seen as a direct blow to competitiveness. “The 25 per cent&nbsp;tariff significantly raises the landed cost of Indian textiles in the US market. For MSME exporters, this is a major setback. Export margins could vanish overnight,” said Sanjay Tripathy, CEO, BRISKPE.</p>

<h2><strong>Textile stocks performance</strong></h2>

<table>
	<thead>
		<tr>
			<th>
			<p><strong>Stock</strong></p>
			</th>
			<th>
			<p><strong>Price Movement (Intraday)</strong></p>
			</th>
		</tr>
	</thead>
	<tbody>
		<tr>
			<td>
			<p>Welspun Living</p>
			</td>
			<td>
			<p>-5.04%</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Pearl Global</p>
			</td>
			<td>
			<p>-7.32%</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Arvind Ltd</p>
			</td>
			<td>
			<p>-2.86%</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Indo Count Industries</p>
			</td>
			<td>
			<p>-4.30%</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Vardhman Textiles</p>
			</td>
			<td>
			<p>-3.19%</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Alok Industries</p>
			</td>
			<td>
			<p>-2.56%</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Kitex Garments</p>
			</td>
			<td>
			<p>-3.94%</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Sangam India</p>
			</td>
			<td>
			<p>-2.78%</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Page Industries</p>
			</td>
			<td>
			<p>+0.72% (outlier gain)</p>
			</td>
		</tr>
	</tbody>
</table>

<p>Mid-cap names like Indo Count and Vardhman saw sharp declines, while export-focused stocks like Pearl Global and Welspun Living bore the brunt.</p>

<h2><strong>What should investors do now?</strong></h2>

<p>Markets will react negatively to the imposition of tariff on India. Despite the unpredictable policymaking of the US, markets were expecting a tariff deal to work out as longer-term US-India strategic interests are aligned,” said&nbsp;Nilesh Shah, MD Kotak Mahindra AMC.</p>

<p>However, not all is lost.&nbsp;Investors with a long-term horizon may view this correction as a buying opportunity in top-quality names. Stocks with strong balance sheets, robust US exposure, and ability to diversify product mix (e.g. into technical textiles) could emerge stronger.</p>

<h2><strong>Watch out for </strong></h2>

<ul>
	<li>
	<p>Watch Q2 earnings for guidance on order books and margin impact.</p>
	</li>
	<li>
	<p>Investora may focus&nbsp;on top textile stocks like Page Industries or Arvind for stability.</p>
	</li>
	<li>
	<p>Tariff-related pain may persist short term, but long-term tailwinds like PLI schemes, China-plus-one, and monsoon-driven rural demand remain intact.</p>
	</li>
</ul>

<p>&nbsp;</p>


Trump’s 25% tariff on Indian goods jolts textile stocks, triggering a sharp sell-off in counters like Welspun, Arvind, and Indo Count amid fears of a deeper export blow.


Textile stocks crash over 9% after Trump’s tariff tantrum; should investors buy the dip or wait it out?

<p><strong>Trump Tariff News:</strong>&nbsp;US President Donald Trump's 25 per cent tariff on Indian goods spooked global markets in the evening, dragging down GIFT Nifty and raising fears of a shaky session on D-Street ahead of F&amp;O expiry.</p>

<p>Despite extended negotiations between the US and India, the tariff announcement landed late Wednesday, ahead of the August 1 deadline, catching markets off guard. Experts warn that the move could hit export-driven sectors and sentiment, at least in the near term.“Markets will react negatively to the imposition of tariff on India. Despite the unpredictable policymaking of the US, markets were expecting a tariff deal to work out as longer-term US-India strategic interests are aligned,” said&nbsp;Nilesh Shah, MD Kotak Mahindra AMC.</p>

<h2><strong>Key sectors likely to be affected</strong></h2>

<p>Following Trump’s announcement, <strong>Gift Nifty futures dropped sharply</strong>, sliding over 160 points to near <strong>24,700</strong>, pointing to a weak open for Indian equities. Sectors such as <strong>textiles, engineering, and chemicals</strong> may face immediate selling pressure due to their export exposure.&nbsp;</p>

<p>Trump’s post on social media lashed out at India’s trade practices and its energy ties with Russia, further souring the tone for global investors.</p>

<p>[[{"fid":"383495","view_mode":"default","type":"media","link_text":null,"attributes":{"height":386,"width":598,"class":"media-element file-default"}}]]</p>

<h2><strong>Will this trigger a deeper correction?</strong></h2>

<p>The 25 per cent&nbsp;tariff, while significant, is not expected to derail India’s macro outlook entirely. Exports to the US accounted for $77.5 billion in 2024, and the estimated GDP hit from this move ranges between Rs 25,000-Rs 66,000 crore, or just 0.07-0.2 pe cent, according to analysts.</p>

<p>That said, the sentiment shock, especially on a monthly expiry day, could heighten volatility, with traders rushing to adjust positions in derivatives.“Markets will hope for a ‘TACO’ trade if better senses prevail,” the expert added, referring to a “Trump-Adjusts-Changes-Opinion” scenario, something markets have seen in the past.</p>

<h2><strong>India-China economy&nbsp;</strong></h2>

<p>While the US clamps down on India, China continues to defy sanctions, trading with Iran, Russia, and North Korea without immediate consequence. Its economic scale and competitiveness give it leverage India still lacks.&nbsp;“China is defying US/UN sanctions on Iran oil, Myanmar and Russia trade, and North Korea support. Size and the competitiveness of the economy has its advantages,” the expert noted.</p>

<h2><b>What can the investors expect?&nbsp;</b></h2>

<p>Aditi Nayar, Chief Economist, ICRA Ltd highlighted,&nbsp;"When the US had initially imposed tariffs, we had lowered our forecast of India's GDP expansion to 6.2% for FY2026, presuming a tepid rise in exports and a delay in private capex. The tariff (and penalty) now proposed by the US is higher than what we had anticipated, and is therefore likely to pose a headwind to India's GDP growth. The extent of the downside will depend on the size of the penalties imposed.</p>


Trump's surprise 25% tariff on Indian goods rattles global markets, sends Gift Nifty lower, and raises concerns of heightened volatility on Dalal Street ahead of the crucial F&amp;O expiry session.


Trump’s Tariff Tantrum: GIFT Nifty futures crack below 24,700; should D-Street bulls worry amid F&O expiry?

<p>On July 30, the Indian Space Research Organisation (ISRO), in partnership with NASA, will launch the highly anticipated NISAR satellite from Sriharikota using a GSLV Mk-II rocket. Officially named the NASA-ISRO Synthetic Aperture Radar (NISAR), this Earth observation satellite is set to monitor and map everything from earthquakes and landslides to crop patterns and urban subsidence.</p>

<p>The anticipated Rs 12,500-crore mission is more than just another satellite, it’s a collaboration between the two leading space agencies and a technological leap in radar-based Earth imaging. But what makes NISAR so unique, and how will it help India and the world? Here's a complete guide.</p>

<h2><strong>What is the NISAR satellite?</strong></h2>

<p>NISAR is the world’s first Earth observation satellite with dual-frequency radar — combining NASA’s L-band SAR (1.257 GHz) and ISRO’s S-band SAR (3.2 GHz) systems. That means it can penetrate clouds, vegetation, and even soil to detect changes on Earth’s surface—whether it’s an underground water shift, deforestation, crop growth, glacier movement, or tectonic shifts.</p>

<p>At nearly 3 tonnes and costing over $1.5 billion, NISAR is also one of the most expensive Earth-monitoring satellites ever built.</p>

<h2><strong>Why do we need NISAR?</strong></h2>

<p>The Earth is constantly changing due to climate change, natural disasters, and human activity. Satellites like NISAR provide real-time, detailed information to track these changes. But unlike optical satellites, which are limited by weather and lighting conditions, NISAR’s radar can scan the planet day and night, through clouds, smoke, and rain.</p>

<h2><strong>Its precise imaging will be crucial for:</strong></h2>

<ul>
	<li>
	<p>Disaster management (earthquakes, floods, landslides)</p>
	</li>
	<li>
	<p>Crop monitoring and food security</p>
	</li>
	<li>
	<p>Infrastructure health (bridges, roads, dams)</p>
	</li>
	<li>
	<p>Ice sheet tracking and ecosystem studies</p>
	</li>
	<li>
	<p>Groundwater and soil health mapping</p>
	</li>
</ul>

<p>For India, it’s especially valuable for monitoring farmland, forests, and high-risk seismic zones.</p>

<h2><strong>How will NISAR work?</strong></h2>

<p>After launch, NISAR will orbit the Earth at an altitude of 747 km in a sun-synchronous polar orbit, covering the entire planet every 12 days. But it’s not your average camera-in-space—NISAR uses Synthetic Aperture Radar (SAR), a technique that simulates a massive radar antenna by combining radar pulses captured over time.</p>

<h2><strong>Key technical specs:</strong></h2>

<ul>
	<li>
	<p>Swath width: 240 km (wide enough to cover large land areas quickly)</p>
	</li>
	<li>
	<p>Spatial resolution: 3 to 10 meters (can detect centimetre-scale ground movement)</p>
	</li>
	<li>
	<p>Radar combo: L-band (deep penetration, used globally) + S-band (high detail, focused on India)</p>
	</li>
	<li>
	<p>Scan frequency: Each ground point revisited every 12 days</p>
	</li>
</ul>

<p>ISRO will use the S-band radar primarily over India to assess crop yields, forest biomass, and land deformation, while NASA’s L-band scans will offer global data.</p>

<h2><strong>What’s in it for India?</strong></h2>

<p>While it’s a joint mission, India has a big stake in the project. ISRO has developed the spacecraft bus, S-band radar, launch integration, and end-to-end mission operations for Indian users. Key benefits for India include:</p>

<ul>
	<li>
	<p>Dedicated data streams for agriculture, forestry, and disaster relief</p>
	</li>
	<li>
	<p>Faster response times: Damage proxy maps can be delivered within 5 hours during disasters</p>
	</li>
	<li>
	<p>Support for state-level water management, land subsidence, and flood preparedness</p>
	</li>
	<li>
	<p>Boost to India’s global satellite capability and research collaborations</p>
	</li>
</ul>

<p>NISAR will also generate high-resolution crop maps quarterly, and biomass estimates annually, key to India’s rural economy and food policy.</p>

<h2><strong>&nbsp;How was NISAR built?</strong></h2>

<p>NISAR’s construction was an engineering feat spread across continents:</p>

<ul>
	<li>
	<p>NASA built the L-band radar system, 12-m mesh antenna, and radar structure via its Jet Propulsion Laboratory (JPL).</p>
	</li>
	<li>
	<p>ISRO contributed the I-3K satellite bus, S-band radar, power systems, and data handling subsystems, developed at the Space Applications Centre, Ahmedabad.</p>
	</li>
	<li>
	<p>The final radar assembly happened at JPL, but integration and testing were done in Bengaluru.</p>
	</li>
	<li>
	<p>ISRO will launch the satellite from Sriharikota and handle daily flight operations via its Telemetry and Tracking Centre.</p>
	</li>
</ul>

<p>This kind of co-development between ISRO and NASA is rare and underscores India’s growing capability in deep space collaboration.</p>

<h2><strong>Where will the data go?</strong></h2>

<p>Once in orbit, NISAR will generate up to 3 TB of data per day, beamed down to NASA ground stations in Alaska, Chile, and Norway, and to ISRO’s stations in Shadnagar and Antarctica.</p>

<p>In India, the National Remote Sensing Centre (NRSC) will process and distribute the data to government departments, scientists, and public platforms.</p>

<p>Also,&nbsp;NISAR’s data will be free and open, a major boost for universities, startups, and policy planners.</p>

<h2><strong>What’s next?</strong></h2>

<p>The launch window opens on July 30, with NISAR scheduled to lift off on a GSLV Mk-II rocket from ISRO’s Satish Dhawan Space Centre. The mission has a planned life of 3 years, extendable up to 5, and is already drawing global attention.</p>

<p>As the world’s eyes turn to India’s coastline for this historic liftoff, NISAR represents more than a science mission, it’s a statement of India’s rising space power and its commitment to climate and disaster resilience through science.</p>


NISAR satellite, ISRO NASA collaboration, Rs 12,500 crore radar satellite, earthquake flood tracking satellite, space-based disaster monitoring, NISAR launch July 30.


 ISRO-NASA NISAR Satellite Launch on July 30: India’s most ambitious earth-monitoring mission explained

<p>Realty stocks came under pressure on Monday, July 28, with Lodha Developers leading the decline despite reporting a robust 42 per cent year-on-year jump in consolidated net profit for the June quarter. The Nifty Realty index slipped over 3 per cent intraday, with Lodha Developers tanking nearly 7 per cent, making it the biggest laggard in the pack.</p>

<h2><strong>Profit jumps to Rs 675 crore, revenue at Rs 3,625 crore</strong></h2>

<p>Lodha Developers posted a consolidated net profit of Rs 675.1 crore for Q1 FY26, up from Rs 475.9 crore in the same quarter last year. Total income surged to Rs 3,624.7 crore from Rs 2,918.3 crore in the year-ago period, driven by strong housing demand across key markets like MMR, Pune, and Bengaluru.</p>

<p>The company reported its best-ever Q1 pre-sales performance at Rs 4,450 crore, according to MD &amp; CEO Abhishek Lodha.</p>

<h2><strong><span style="font-size: 15.21px;">Reasons behind the fall&nbsp;</span></strong></h2>

<h3><span style="font-size: 13px;">Lodha acknowledged that pre-sales could have been stronger but for a two-week disruption during the India-Pakistan border tension, which impacted buyer sentiment. However, he remained optimistic, citing structural tailwinds such as low mortgage rates, rising affordability, and premiumisation of home demand as key growth drivers.</span></h3>

<p>“We’ve already achieved over 90 per cent of our FY26 business development guidance in Q1 alone,” Lodha said, adding that five new projects with Rs 22,700 crore in gross development value (GDV) have been added across MMR, Pune, and Bengaluru.</p>

<h2><strong>Nifty Realty index in the red</strong></h2>

<p>The broader realty pack saw a steep correction with stocks like Godrej Properties (-3.6%), DLF (-4.3%), Prestige Estates (-4.2%), and Brigade Enterprises (-3.3%) trading deep in the red. Anant Raj was the only stock in the Nifty Realty index to post gains, rising 0.52 per cent.</p>

<h2><strong>Outlook</strong></h2>

<p>While Lodha’s fundamentals remain strong, analysts say the correction may be due to profit booking or sectoral drag despite the earnings beat. With robust guidance and upcoming launches, investor focus will remain on Q2 momentum and project execution.</p>


Brokerage mood remains cautious even after strong earnings; MD Abhishek Lodha cites India-Pak conflict impact


Lodha Developers share falls 7% despite 42% jump in Q1 profit; Nifty Realty under pressure

<p><strong>IEX Share Price: </strong>Indian Energy Exchange (IEX) share price rebounded sharply on Friday, July 25, rising over 12 per cent in early trade to Rs 148.50 apiece on the BSE. This came after the stock plunged nearly 30 per cent in the previous session, reacting to regulatory uncertainty triggered by the Central Electricity Regulatory Commission’s (CERC) decision to implement market coupling from next year.</p>

<h2><strong>What is triggering the rally?</strong></h2>

<h3><strong>Q1 earnings</strong></h3>

<p>The partial recovery in IEX shares was supported by the company’s Q1 FY26 earnings announced post-market hours on Thursday. The power trading platform reported a 25 per cent year-on-year (YoY) jump in consolidated net profit to Rs 120 crore, up from Rs 96 crore in the same quarter last year.</p>

<p>Revenue during the quarter rose 19 per cent to Rs 184.2 crore from Rs 154 crore a year ago. Power volumes traded on the exchange grew 15 per cent to 32.4 billion units, while trading in Renewable Energy Certificates (RECs) surged 149 per cent to 52.7 lakh units.</p>

<h3><strong>Falling prices across market segments</strong></h3>

<p>Despite higher trading volumes, IEX witnessed a decline in electricity prices across key segments due to improved supply liquidity. The average price in the Day Ahead Market (DAM) fell 16 per cent YoY to Rs 4.41 per unit. In the Real-Time Market (RTM), prices dropped 20 per cent to Rs 3.91 per unit.</p>

<p>Liquidity in the DAM improved 45.2 per cent YoY during the quarter, IEX noted in its filing.</p>

<h3><strong>Market coupling impact</strong></h3>

<p>The sharp sell-off in IEX shares earlier this week was attributed to investor concerns around the market coupling mechanism proposed by CERC. Under this framework, a centralised entity will determine a uniform market clearing price, potentially impacting IEX’s dominant market position and pricing power.</p>

<p>While Friday's bounce offered some relief, analysts remain cautious.</p>

<h2><strong>Technical outlook</strong></h2>

<p>According to Anshul Jain, Head of Research at Lakshmishree Investments, IEX has broken below the lower end of its 39-week trading range at Rs 158.“A confirmed weekly close below Rs 158 will validate the breakdown and shift the stock into a sell-on-rallies setup. The next support lies at Rs 112. Unless the stock reclaims Rs 158 soon, further weakness may persist in the short to medium term,” Jain said.</p>

<h2><strong>Stock performance snapshot</strong></h2>

<p>Despite Friday’s bounce, IEX remains under pressure:</p>

<ul>
	<li>
	<p><strong>1-month return</strong>: down 22 per cent</p>
	</li>
	<li>
	<p><strong>6-month return</strong>: down 13 per cent</p>
	</li>
	<li>
	<p><strong>YTD</strong>: down 20&nbsp;per cent</p>
	</li>
	<li>
	<p><strong>1-year return</strong>: down 16 per cent</p>
	</li>
	<li>
	<p><strong>2-year return</strong>: up 20 per cent</p>
	</li>
	<li>
	<p><strong>5-year return</strong>: up 153 per cent</p>
	</li>
</ul>

<p>At 9:35 AM, IEX was trading at Rs 148.40, up 12.04 per cent on the BSE.</p>


Stock rebounds after 7-day losing streak; CERC’s market coupling directive continues to weigh on outlook.&nbsp;


IEX share price rebounds over 12% amid market crash; Here's what investors should know

<p>With the due date for filing income tax return (ITR) approaching, taxpayers are in a state of confusion regarding the rebate under Section 87A of the Income Tax Act. One of the main reasons for this is the last budget 2025 announcement, which had sought to raise the rebate to Rs 60,000. But, it does not apply during the current ITR filing season.</p>

<h2><strong>What is ITR Rebate?</strong></h2>

<p>An ITR rebate is a reduction in your total tax payable after you’ve calculated your income tax liability. It is like a final discount offered by the government to reduce your tax burden, but only if your income falls within a specified limit. The most commonly used rebate is under Section 87A, which benefits small taxpayers. After your total tax is determined according to your income slab, this rebate is deducted, reducing your ending tax liability at times to zero.</p>

<h2><strong>What is Section 87A</strong></h2>

<p>Section 87A of the Income Tax Act provides a rebate in tax payable, not in income. The condition? Your aggregate taxable income should be below a limit specified. In FY 2024-25, if you are reporting under the old regime and your income is below Rs 5 lakh, you receive a rebate of Rs 12,500. If you choose the new regime, and your income is up to Rs 7 lakh, you're entitled to a rebate of Rs 25,000. The rebate can be availed by resident individuals and will be deducted after arriving at your tax, and not before.</p>

<h2><strong>What rebate is available now?</strong></h2>

<p>You are currently filing your ITR for income earned during the financial year <strong>2024-25 (Assessment Year 2025-26).</strong> The rules applicable here are based on Budget 2024, not Budget 2025.</p>

<p>Here’s the Section 87A rebate you can actually claim this year:</p>

<p>Here’s the small, clean table summarising the Section 87A rebate for FY 2024-25 (AY 2025-26):</p>

<table>
	<thead>
		<tr>
			<th><strong>Tax Regime</strong></th>
			<th><strong>Applicable FY (AY)</strong></th>
			<th><strong>Total Income Limit for Rebate</strong></th>
			<th><strong>Maximum Rebate</strong></th>
		</tr>
	</thead>
	<tbody>
		<tr>
			<td>Old Tax Regime</td>
			<td>FY 2024–25 (AY 2025–26)</td>
			<td>Up to Rs 5,00,000</td>
			<td>Rs 12,500</td>
		</tr>
		<tr>
			<td>New Tax Regime</td>
			<td>FY 2024–25 (AY 2025–26)</td>
			<td>Up to Rs 7,00,000</td>
			<td>Rs 25,000</td>
		</tr>
	</tbody>
</table>

<h2><strong>Rs 60,000 rebate? That’s for next year</strong></h2>

<p>The Rs 60,000 rebate under Section 87A announced in Budget 2025 will apply only to income earned in FY 2025-26. You will be able to claim it next year while filing returns for AY 2026-27.</p>

<p>Until then, stick to the current limits Rs 12,500 under the old regime and Rs 25,000 under the new regime.</p>

<h2><strong>What if your income slightly exceeds Rs 7 lakh?</strong></h2>

<p>The new regime also offers marginal relief. If your total income slightly crosses Rs 7,00,000 and the tax payable exceeds the additional income above Rs 7 lakh, you can still claim a rebate equal to the excess tax over Rs 7 lakh income. This ensures you don’t lose all benefits for earning just a few rupees more.</p>


Confused about Rs 12,500, Rs 25,000, or Rs 60,000? Here’s what you can actually claim as Section 87A rebate for FY24

&nbsp;


ITR Filing 2025: Can you claim Rs 12,500, Rs 25,000 or Rs 60,000 in Income Tax for FY24?

<p>Paytm parent One97 Communications Ltd&nbsp;reported a consolidated net profit of Rs 123 crore for the June quarter (Q1 FY26), marking a&nbsp;turnaround from a net loss of Rs 839 crore in the same period last year.</p>

<p>Contribution profit was at Rs 1,151 crore, an increase of 52 per cent year-on-year, and contribution margin was at 60 per cent, led by better net payment margins, a higher percentage of revenue from financial services distribution, and reduced direct costs. Revenue from operations grew 27.7 per cent YoY at Rs 1,918 crore, led by growth in subscription merchants, increased GMV, and better traction in financial services.</p>

<h2><strong>Higher other income drives net gain</strong></h2>

<p>The profit was aided largely by a sharp increase in other income, which rose 74.6 per cent year-on-year to Rs 241 crore from Rs 138 crore. However, core operational efficiency also improved considerably, with the company moving into the green at the EBITDA level.</p>

<h2><strong>EBITDA Margin</strong></h2>

<p>Paytm reported EBITDA of Rs 71.5 crore, a strong reversal from an EBITDA loss of Rs 793 crore in Q1FY25. The EBITDA margin stood at 3.7 per cent, underlining management efforts toward cost control and monetisation.</p>

<h2><strong>Revenue</strong></h2>

<p>Total revenue rose 27.7 per cent year-on-year to Rs 1,917.5 crore, reflecting continued growth in payments, merchant services, and financial products. The company’s lending and device business continued to scale up, contributing to the topline.</p>

<h2><strong>Stock up 19% in&nbsp;one month</strong></h2>

<p>Tuesday’s rally extended Paytm’s winning streak to three sessions. The stock has now climbed over 19 per cent in the last one month, gaining investor confidence ahead of the earnings print. However, at current levels, the stock still trades at a 50 per cent discount to its IPO price of Rs 2,150.</p>

<h2><strong>Analysts divided on valuation</strong></h2>

<p>Out of 19 analysts tracking the stock, nine have a ‘<strong>Buy</strong>’ rating, seven suggest a ‘<strong>Hold</strong>’, while three recommend a ‘<strong>Sell</strong>’. While profitability marks a key milestone, concerns remain around the sustainability of other income and regulatory clarity post-RBI’s crackdown earlier this year.</p>


Paytm Q1 Results: One97 Communications posts Rs 122.5 crore net profit, revenue up 28% YoY

<p>Shares of Zomato parent Eternal Ltd. surged to an all-time high of Rs 311.6 on Tuesday, pushing the company’s market cap&nbsp;past the Rs 3 lakh crore mark.</p>

<p>The parent company of food delivery and quick-commerce platform Zomato has now become more valuable than over 20 Nifty 50 heavyweights, including Wipro, Tata Motors, JSW Steel, and Nestle India.</p>

<h2><strong>Eternal outpaces Nifty blue chips</strong></h2>

<p>At its peak today, Eternal’s mcap touched ₹3 lakh crore, putting it ahead of several long-established Indian corporates:</p>

<ul>
	<li>
	<p><strong>Wipro</strong>: Rs 2.72 lakh crore</p>
	</li>
	<li>
	<p><strong>Tata Motors</strong>: Rs 2.53 lakh crore</p>
	</li>
	<li>
	<p><strong>JSW Steel</strong>: Rs 2.52 lakh crore</p>
	</li>
	<li>
	<p><strong>Nestle India</strong> &amp; <strong>Coal India</strong>: Rs 2.38 lakh crore each</p>
	</li>
	<li>
	<p><strong>Bajaj Auto</strong>: Rs 2.36 lakh crore</p>
	</li>
	<li>
	<p><strong>Asian Paints</strong>: Rs 2.27 lakh crore</p>
	</li>
</ul>

<p>With this rally, Eternal has joined the elite club of India’s most valuable listed companies, a status that once seemed unlikely for a loss-making tech platform.</p>

<h3><strong>Quick-commerce turns the corner</strong></h3>

<p>The sharp uptick in Eternal’s stock price follows a strong set of June quarter earnings. While the company didn’t post a profit, its losses narrowed meaningfully in the quick-commerce vertical. Revenue also witnessed a healthy double-digit jump compared to the same quarter last year, signalling operating leverage kicking in.</p>

<p>Management commentary was upbeat on continued order growth, customer stickiness, and improving unit economics in its Blinkit (quick-commerce) arm,&nbsp;all key triggers for long-term bullish sentiment.</p>

<h3><strong>Brokerages bullish; Jefferies sees Rs 400 target</strong></h3>

<p>Several brokerages have revised their target prices upwards post Q1. Jefferies, one of the most bullish on the Street, now expects the stock to hit Rs 400,&nbsp;implying a further 33 per cent upside from current levels.</p>

<p>Others like CLSA and Macquarie have also upgraded the stock, citing margin improvements, order frequency uptick, and possible monetisation through advertisements and hyperlocal commerce.</p>

<h3><strong>Info Edge gains too, Rs 40,000 crore stake value</strong></h3>

<p>The surge in Eternal’s market cap has also proved to be a windfall for Info Edge (India) Ltd., which holds a significant stake in the company. The value of its holding has jumped to nearly Rs 40,000 cr accounting for over one-third of Info Edge’s own mcap of rs 94,000 crore.</p>

<p>This makes Eternal a key strategic asset on Info Edge’s balance sheet, potentially shielding it from volatility in its other verticals like Naukri and 99acres.</p>

<h3><strong>Stock cools off from day’s high, but up 44% in 2025</strong></h3>

<p>After hitting its intraday high of Rs 311.6, Eternal’s shares cooled slightly to trade around Rs 299.1,&nbsp;still up 10.1 per cent on the day. The stock has now delivered a&nbsp;<strong>43.67&nbsp;per cent return ytd</strong>&nbsp;in 2025, outpacing the broader Nifty 50 index.</p>

<h3><strong>Should you buy now?</strong></h3>

<p>While valuation concerns linger, most analysts believe the stock still offers upside, particularly for long-term investors with high risk tolerance. With improving cash flow visibility, operational discipline, and aggressive penetration in the hyperlocal delivery space, Eternal is increasingly being viewed as more than just a food-tech bet.</p>

<p>For retail investors, entry at current levels should be made with caution. Experts suggest staggered buying and keeping an eye on Q2 margins and order frequency as key metrics.</p>


Eternal’s market cap crosses Rs 3 lakh crore after a record stock surge, overtaking Wipro and Tata Motors; strong Q1 numbers and bullish brokerages drive momentum


Eternal market cap hits Rs 3 lakh crore, outshines Wipro, Tata Motors and more; should investors ride the rally?

<p>Indian Vice President Jagdeep Dhankhar resigned on Monday, July 21, due to health issues and the advice of doctors. His resignation occurred just moments after he presided over the inaugural Monsoon session of the Rajya Sabha. The 73-year-old handed in his resignation letter to President Droupadi Murmu and appreciated being given the chance to serve the country in one of its most senior constitutional positions.</p>

<p>In his resignation letter, Dhankhar expressed gratitude to President Murmu, Prime Minister Narendra Modi, and the Union Cabinet, saying it was a matter of "great pride" to have been part of India's journey as a global and economic powerhouse. His resignation is a major happening in Indian politics, especially as Parliament approaches a pivotal legislative phase.</p>

<h2><strong>Who is Jagdeep Dhankhar</strong></h2>

<p>Born on May 18, 1951, in the rural village of Kithana in Rajasthan's Jhunjhunu district, Dhankhar's ascension has been characterised by resilience, learning, and service to the people. An Honours degree holder in Physics from Maharaja's College, Jaipur, Dhankhar graduated in LLB from the University of Rajasthan in 1979. In the same year, he was admitted as an advocate with the Bar Council of Rajasthan.</p>

<p>He constructed a strong legal career, practicing mostly at the Supreme Court and in High Courts throughout India. He specialised in steel cases, coal cases, mining cases, and international commercial arbitration cases, among others. The Rajasthan High Court appointed him as a Senior Advocate in March 1990.</p>

<p>Prior to entering national politics, Dhankhar was also the Governor of West Bengal (2019–2022), guiding one of India's most politically volatile states through a particularly roiling period.&nbsp;</p>

<h2><strong>From law to constitution</strong></h2>

<p>Dhankhar's career spanned the court and corridors of power. He was the most senior appointed Senior Advocate of Rajasthan prior to his Governorship, and ultimately rose to the Vice President's seat in 2022. His time witnessed him chairing the Rajya Sabha with an iron fist but a constitutional mindset, particularly during periods of political tension.</p>

<p>He is married to Dr Sudesh Dhankhar and has a daughter Kamna.</p>

<h2><strong>What happens when the Vice President resigns?</strong></h2>

<p>According to Article 68(2) of the Constitution of India, a bye-election for the vacant position of the Vice President should be conducted as early as possible after the resignation. The newly elected Vice President shall serve for the complete five-year term, irrespective of the existing term of the retiring VP. "An election to fill a vacancy in the office of Vice-President. shall be held as soon as possible," says Article 68(2).</p>

<p>During such absence, the duties of Chairperson of the Rajya Sabha are carried out by the Deputy Chairperson of the Rajya Sabha or such other member as the President may select.</p>


The 73-year-old former West Bengal Governor stepped down hours after chairing the Monsoon session; he thanked President, PM Modi, and Cabinet in a heartfelt letter.


From courtroom to Constitution, how Jagdeep Dhankhar rose to Vice President of India

<p>Shares of this smallcap energy stock&nbsp;continued their&nbsp;rally&nbsp;on Monday, surging to a fresh 52-week high of Rs&nbsp;2,350, marking a 13 per cent&nbsp;intraday rally on the BSE. The sharp upmove comes on the back of robust order wins, sector tailwinds, and investor interest, including marquee names like Ashish Kacholia.</p>

<p>The stock has gained a staggering 39 per cent&nbsp;from its March 2025 low of Rs 1,020, making it one of the standout performers in the smallcap energy and infrastructure space.</p>

<h2><strong>Why is the stock rallying?</strong></h2>

<h4>1. <strong>Strong Order Book, Strategic Wins</strong></h4>

<p>As of May 2025, Advait Energy Transitions ltd&nbsp;had an unexecuted order book of Rs&nbsp;800 crore, with 66 per cent&nbsp;of that stemming from its Power Transmission Solutions (PTS) division and the rest from New &amp; Renewable Energy (NRE) projects. This includes notable wins worth Rs&nbsp;265.5 crore in May alone, featuring clients like Power Grid Corporation.</p>

<h4>2. <strong>Sectoral Tailwinds from Government Policy</strong></h4>

<p>The government's ambitious renewable energy goals, integrating 500 GW of renewable energy capacity by 2030, are directly benefiting players like Advait. CRISIL Ratings estimates over Rs 1 trillion in capex in the Inter-State Transmission System (ISTS) sector through FY26- 27, double the outlay of the previous two years.</p>

<p>This momentum is translating into real business traction for EPC and infrastructure players tied to the renewable ecosystem.</p>

<h4>3. <strong>Renewables and Green Hydrogen Play</strong></h4>

<p>Advait is no longer just a power transmission player. It has expanded aggressively into green energy with:</p>

<ul>
	<li>
	<p>300 MW green hydrogen production capacity under India’s PLI scheme</p>
	</li>
	<li>
	<p>50 MW Battery Energy Storage System (BESS)</p>
	</li>
	<li>
	<p>Over 200 MW solar integration projects</p>
	</li>
</ul>

<p>This makes it a diversified and future-ready bet on the clean energy transition.</p>

<h2><strong>Market Buzz</strong></h2>

<p>Investor sentiment also got a boost from the revelation that ace investor Ashish Kacholia held a 2.67 per cent&nbsp;stake (288,185 shares as of March 2025). Though the June quarter shareholding pattern is awaited, the presence of such high-conviction investors typically attracts broader market attention in small-cap names.</p>

<h2><strong>Industry Outlook</strong></h2>

<p>According to Motilal Oswal Financial Services, India's cable and wire exports have delivered a 19% CAGR over FY20–25, with robust demand from global markets like the US, Europe, and the Middle East.</p>

<p>The shift towards low and medium-voltage (LMV/MV) cables for renewable integration, and product-level certifications for global markets, is creating a structural long-term demand story for Indian manufacturers.</p>

<h2><strong>Technical Snapshot</strong></h2>

<ul>
	<li>
	<p><strong>Current Price:</strong>&nbsp;Rs 2,258.70 (up 8.25% intraday)</p>
	</li>
	<li>
	<p><strong>52-Week Range:</strong>&nbsp;Rs 1,020 – Rs 2,350</p>
	</li>
	<li>
	<p><strong>2-Week Gain:</strong> 32%</p>
	</li>
	<li>
	<p><strong>YTD Gain:</strong> Over 39%</p>
	</li>
</ul>


Top investor Ashish Kacholia backed stock rallies for the second month straight; here's all you need to know.&nbsp;


Ashish Kacholia-backed stock hit an all-time high; do you have this energy stock in your portfolio?

<p>The Department of Posts (DoP) has issued a fresh directive to safeguard depositor interests by initiating a routine freeze on matured small savings accounts that remain inactive for over three years post-maturity. As per the latest order, this account-freezing exercise will now be conducted twice a year to identify and secure such dormant funds. Here's everything you&nbsp;need to know.</p>

<p>(Images: Unsplash, Pixabay)</p>


Angana Pal Chinya