Borosil Renewables returned to profit in Q1FY27, posting a standalone net profit of ₹87.71 crore for the quarter ended June 30, 2026, versus a net loss of ₹27.23 crore a year earlier. Revenue rose 22.1% year on year to ₹405.69 crore. The company said its EBITDA margin stayed above 33% for a fourth straight quarter, supported by a solar-wind hybrid captive power plant commissioned in March 2026. Its board approved the unaudited results on July 16, 2026.

Indian precision manufacturing company Indo-MIM is launching a Rs 3,800 crore IPO priced at Rs 461–485 per share, with subscriptions opening on July 23 and listing scheduled for July 30. The deal includes a Rs 500 crore fresh issue and a Rs 3,312 crore offer for sale (OFS) by existing shareholders. The company said it plans to use part of the proceeds to repay debt and reported a 26% year-on-year increase in FY2026 profit and revenue. The IPO is described as a routine capital-raising exercise and does not involve policy shifts, systemic risks, or cross-market transmission mechanisms.

Axis Bank reported Q1FY27 net profit growth of 23% year on year, but its net interest margin fell 16 basis points quarter on quarter to 3.46%, below market expectations. The stock dropped 5.54% to Rs 1,255.25 in one session as investors reacted to the margin miss. Several foreign brokerages kept Buy ratings and set target prices in the Rs 1,490–1,700 range, while flagging NIM pressure as the key near-term constraint. Gross NPAs rose to 1.3% due to seasonal agri slippages, which analysts expect to ease.

Eveready Industries’ FY2025-26 report showed profit after tax rising to ₹171.23 crore from ₹82.38 crore, while revenue from operations increased to ₹1,454.61 crore from ₹1,343.92 crore. Alkaline battery sales rose 70.5% year on year, with the company holding an overall dry cell value market share of about 51.4%. The board recommended a dividend of ₹2.50 (50%) per fully paid-up equity share, up from ₹1.50 in the previous year. The company also commissioned a new greenfield alkaline battery manufacturing facility at Jammu.

Reliance Industries posted Q1 FY27 revenue of Rs 3.11 lakh crore, up 25% year on year, while EBITDA rose 10% to Rs 54,067 crore. Net profit fell 22% to Rs 20,946 crore, after an exceptional gain in the prior-year quarter. Brokerages raised price targets, including Nuvama at Rs 1,765 and Nomura at Rs 1,690.

India’s Bank Nifty index fell 1.6% on June 20 after quarterly results from major private lenders pushed HDFC Bank and Axis Bank down 5% each. Investors focused on concerns that net interest margins are narrowing. ICICI Bank’s earnings beat expectations, highlighting divergence within the sector. The index traded at 57,578.25 during the session, near the 20-day moving average support level of 57,800.

ICICI Bank posted Q1 FY27 results, with standalone net profit rising 15.95% year on year to Rs 14,804.5 crore and net interest income up 12.7%, while net interest margin improved to 4.36% and asset quality continued to strengthen. Several global brokerages raised earnings forecasts and maintained positive ratings, with target prices going as high as Rs 1,700. The stock rose 1.13% on the day and is up 8.7% so far in 2026, outperforming the Nifty 50.

HDFC Bank posted a Q1 FY2026 (April–June) net profit of Rs 19,059.72 crore, up 4.98% year on year but below the estimate of Rs 19,332 crore. Net interest income came in at Rs 33,535.95 crore, also under expectations. After the results, the stock slid 4.29% on the day to Rs 784.45. The bank’s market capitalisation is above Rs 12.64 lakh crore, and the shares are down 17.2% in 2026, lagging the Nifty 50’s 6.9% decline.