TRUMP SAYS HE IS NOT CONCERNED IRAN WOULD REBUILD URANIUM IN MONTHS

TRUMP SAYS THE U.S. IS GETTING CLOSE TO A DEAL WITH CANADA THAT COULD COME BEFORE THE ELECTIONS, AND THAT ON BUILDING CAR PLANTS HE IS ANNOUNCING ONE TODAY

Q2 Wrap For Today: Key Guidance Changes

Infy - CC growth guidance cut to 1-2% vs 1.5-3%

Coforge - FY27 EBIT margin guidance raised to 16% vs 15.5%

Shree cement - FY27 vol guidance raised to 40-41 MT

Dr Reddy - Semaglutide relaunch till Mar, Reiterated FY27 EBITDA Margins guidance of 20%+

JSW Steel - Coking coal prices to rise $25/tonne

Jana SFB - FY27 PAT growth guidance raised to 100% vs 80%; deposit growth to accelerate in H2

Newgen Software - FY27 guidance cut to 10% vs 15%

Shriram Fin: Lowers FY27 AUM growth guidance to 15-17% vs 18%

Opening Cues

Iran-US War Commentary Remains Mixed

Gold Trades Below $4000/oz

Slight Retreat In Brent/Natural Gas Prices

Nikkei In Red-On AI Led Sell-Off

Asian Markets Open Mixed

Risk Off Sentiment Remains

Technicals Remain Weak

FII Shorts Unchanged At 90%

FIIs Turn Buyers In Cash Market After 1 Session

EARNINGS WATCHLIST

POSITIVE

Dr.Reddy's Labs-Q2-Margins surprise positively

Kotak Mahindra Bank- Strong 2Q with a beat on key operating metrics

Apollo Micro-Highest ever revenue, EBIDTA

TruAlt Bio, Bharat Coking Coal-Turnaround quarter

AU Small Finance Bank- Credit cost delivery much better than guidance

IDFC First Bank-NIM recovery ahead

Lumax Auto-PAT up 58% YoY

JK Cement-Strong operational beat

Coforge- Mgmt. confident on margin expansion

Tata Motors CV, IndusInd Bank, Torrent Pharma-Large Inline (With +ve bias)

NEGATIVE

Infosys-Cuts FY27 constant-currency revenue growth guidance

SBI Funds-PAT down 20% QoQ, weak receivables growth

JK Tyre-EBITDA margin contracted to 6.9% from 13% YoY

Oracle Financial Services-Weaker than estimates

L&T TECH: CO. AND NOKIA FORGE ENGINEERING COLLABORATION TO SUPPORT NOKIA ENGINEERING AND R&D ACTIVITIES IN INDIA

COFORGE: MANAGEMENT RAISED CONSOLIDATED EBIT MARGIN GUIDANCE FOR FY27 TO 16% FROM 15.5%, WITH A PLAN TO ACHIEVE A REPORTED Q4 EBIT OF 17% AND EXPECT MARGINS TO EXCEED 17% IN FY28;

THE COMPANY AIMS TO BE AMONG THE TOP THREE HIGHEST-EBIT-MARGIN TECH SERVICES FIRMS IN THE SHORT TO MEDIUM TERM, DRIVEN BY AI ADOPTION IN INTERNAL PROCESSES AND PROACTIVE SOLUTIONS.

Jyoti Structures - Wins another order worth Rs 949 crores

Order is for ±800 kV HVDC Bipole Barmer-II & South Kalamb Transmission Lines for package TL01 & TL02

Co has recently restarted of tower manufacturing Plant-2, with an additional annual manufacturing capacity of approximately 35,000 metric tonnes

Combined manufacturing capacity of Nashik Plant-1 and Plant-2: 72,000 MT per annum - almost double

SOME RECOVERY IN BROADER MARKET, NIFTY RECOVERED 140 PTS

STERLITE TECH says

On Track To Achieve FY29 Revenue Guidance Of *20,000 Cr

Seeing Disproportionate Growth From North America

Upgrade FY29 Margin Guidance From 27% Το 30%

Want 50-60% Of Biz To Come From Data Center By FY29

Focus Is On Healthy Balance, Have ₹700 Cr Of Cash

DIXON 🔴

Chinese smartphone brands lose Indian market share as AI-driven chip shortage pushes up prices - MC

Chinese smartphone brands lose ground in India due to costs.

Combined market share fell to 68% in the September quarter.

Samsung reclaimed the top position in smartphone shipments.

NETWEB says

Confident Of Crossing 24,000 Cr Revenue In FY27

₹75,000 CR NEXT-GEN DESTROYER PROGRAMME ON DAC AGENDA TODAY — MAJOR OPPORTUNITY FOR INDIAN SHIPBUILDERS & DEFENCE SUPPLIERS: ZEE BUSINESS