Market Bizzz

Zen Technologies reported a 28% fall in Q2 FY26 revenue to Rs 173.5 crore, while net profit dipped 2.2% to Rs 62 crore. H1FY26 shows a 30% revenue decline and 20% lower profit.

Veteran investor Vijay Kedia’s portfolio, valued at around Rs 1,320 crore across 16 stocks in Q2 FY26, saw strong gains with Repro India, Neuland Labs, and Elecon Engineering leading, while Affordable Robotic lagged sharply.

Agro-chemical firm Bharat Rasayan’s board has greenlit a 1:1 bonus share issue and a 1:2 stock split, aiming to enhance share liquidity and broaden its investor base. This move will see existing Rs 10 shares divided into two Rs 5 shares, followed by a bonus issuance. The company reported a robust Rs 140.92 crore net profit for FY25.

Indian markets saw a strong rally on Friday. Cooler inflation data boosted hopes for Federal Reserve rate cuts. Intel’s positive earnings fueled momentum in AI-related stocks. Major indices like the Dow, S&P 500, and Nasdaq reached record highs. This surge marks a significant weekly gain for these indices. Investors are now looking towards upcoming meetings and tech earnings.

SBI Cards and Payment Services on Friday reported 10.15 per cent increase in net profit at Rs 445 crore for the second quarter of the current fiscal.

Hindustan Coca-Cola Beverages Ltd, the bottling arm of beverage major Coca-Cola in India, reported a 73 per cent decline in net profit to Rs 756.64 crore in FY2024-25.

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.