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Bloomberg Quint
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Dr. Reddy's Labs, Diffusion Engineers, LMW Wheels India Dividends — Last Day To Buy
- Traders are interested in Dr. Reddy's Laboratories, Diffusion Engineers Ltd., and LMW Wheels India Ltd. as they will turn ex-dividend on July 10.
- Buying these stocks on July 10 is the last day to be eligible for dividend payment under India's T+1 settlement system.
- Diffusion Engineers Ltd. and Wheels India Ltd. stocks were leading gains, while Dr. Reddy's Laboratories saw a decline in its stock price.
- Dr. Reddy's Laboratories stock declined by 1.20%, while Diffusion Engineers Ltd. and Wheels India Ltd. saw gains on the last day to buy for dividend eligibility.
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Bloomberg Quint
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Q1 Results This Week: TCS, DMart, Tata Elxsi, Ireda Among 45 Companies To Declare Earnings
- Q1 FY26 earnings season has begun for Nifty companies with TCS, DMart, Tata Elxsi, Ireda, and others set to announce their financial results between July 9 and July 12.
- At least 45 companies are scheduled to release their first quarter results, offering insights into their financial health, future prospects, and challenges.
- Companies like TCS, DMart, and IREDA will hold Board Meetings this week to approve their quarterly results and are expected to conduct earnings conference calls to discuss the outcomes.
- Investors and analysts will closely monitor these earnings to understand the performance of the companies and the industry as a whole.
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Bloomberg Quint
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Bharat Electronics, L&T Get Nomura's 'Buy' As Defence Council Clears Rs 1.05 Lakh-Crore Indigenous Proposals
- The Defence Acquisition Council approved 10 capital acquisition proposals through indigenous sourcing, amounting to nearly Rs 1.05 lakh crore, on July 3.
- Nomura initiated coverage on Bharat Electronics and L&T with a 'buy' rating as the Defence Acquisition Council accorded Acceptance of Necessity for these projects.
- The approved projects include Surface-to-Air missiles, Electronic Warfare System, Mine Counter Measure Vessels, and more to enhance operational preparedness of the armed forces.
- The DAC's approval for Quick Reaction Surface to Air Missiles and revival of the MCMV program have positive implications for Indian defence manufacturers and shipyards.
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Bloomberg Quint
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Asian Paints Gets Double Rating Upgrade From Jefferies — Check Target Price
- Asian Paints received a double rating upgrade and a target price increase from Jefferies, shifting from 'Underperform' to 'Buy'.
- Jefferies cited a normalisation in gross margin and a more gradual pick-up in growth for Birla Opus, leading to the upgrade.
- The target price for Asian Paints was raised to Rs 2,830, indicating a 16% return potential over the previous closing level.
- The stock was trading 1.2% higher on the NSE, with a positive outlook based on expected improvements in demand conditions and gross margins.
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Bloomberg Quint
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Ireda Q1 Results Announcement Soon — All You Need To Know
- Indian Renewable Energy Development Agency (IREDA) Ltd. is set to announce its financial results for the first quarter of FY26 on July 10, 2025.
- IREDA's Board of Directors will consider and approve the audited consolidated financial results for the quarter ended June 30, 2025, on Thursday, July 10.
- IREDA closed its trading window from July 1 until 48 hours after the approval of its financial results to prevent insider trading.
- In the fourth quarter of FY25, IREDA reported a 49% year-on-year rise in consolidated net profit and recorded a 37% increase in revenue from operations.
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Bloomberg Quint
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All About Sabih Khan: Apple’s New COO Of Indian Descent Who Will Replace Jeff Williams
- Sabih Khan, a business executive of Indian descent, has been appointed as the new COO of Apple, replacing Jeff Williams.
- Khan, who has been with Apple for 30 years, is currently the senior vice president of operations and will take on his new position later this month.
- Apple CEO Tim Cook commended Khan for his contributions to Apple's supply chain, manufacturing technologies, US production, and environmental sustainability efforts.
- Khan was born in Moradabad, Uttar Pradesh, and has a background in mechanical engineering and economics. He joined Apple's procurement team in 1995 after working at GE Plastics.
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Bloomberg Quint
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Trump Ups BRICS Tariff Ante As India Awaits Finalisation Of Mini Trade Deal
- US President Trump confirmed a 10% tariff on all BRICS nations, including India, citing them as a threat to the US dollar.
- India is still waiting for the finalization of a trade deal as Trump intensifies tariff measures, hinting at steep duties on key imports like pharmaceuticals and copper.
- India exported $360 million worth of copper products to the US in 2024-25, while the US is India's largest overseas pharmaceutical market.
- Trump implied the US will take action against several countries with tariffs, emphasizing non-traditional deal-making and claiming countries may offer market access for tariff waivers.
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Bloomberg Quint
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Delhivery Gets 'Buy' As Motilal Oswal Initiates Coverage
- Delhivery is very well placed to capitalize on the growth opportunity unfolding in the express logistics sector.
- Motilal Oswal initiates coverage on Delhivery with a Buy recommendation.
- Delhivery is India’s leading 3PL logistics player, serving a wide network of ~19,000 pincodes.
- The company shows a strong focus on volume growth, cost reduction, enhanced service offerings, and tight balance sheet control.
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Bloomberg Quint
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Dr Reddy's Labs Dividend: Last Day To Buy Shares And Qualify Before Record Date
- Dr Reddy's Labs will pay a final dividend of Rs 8 per share for the financial year 2025, with a total distribution of Rs 667 crore to nearly 4.6 lakh shareholders.
- Today is the last day for investors to buy Dr Reddy's Laboratories Ltd. shares to qualify for the dividend before the stock goes ex/record-date.
- The company will announce its June quarter results on July 23. Retail investors owning nominal share capital up to Rs 2 lakh own 8.12% equity in the company, with a payout of around Rs 54 crore for this segment.
- There is focus on Dr. Reddy's Laboratories and other pharmaceutical companies like Gland Pharma Ltd., Aurobindo Pharma Ltd., Zydus Lifesciences Ltd., among others, after US President Donald Trump threatened 200% tariffs on pharmaceutical products, potentially impacting Indian drugmakers heavily due to significant sales to the US.
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Fintechnews
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UAE Proptech Huspy Secures $59M Series B to Expand Across Europe and Middle East
- Dubai-based proptech company Huspy secures $59 million in a Series B funding round led by Balderton Capital.
- The funding will support Huspy's expansion across Europe and the Middle East, invest in product development, and hire for strategic roles.
- Huspy aims to expand into more cities in Spain and enter Saudi Arabia by the end of 2025.
- The company plans to be present in most major urban markets in Europe and the Middle East over the next four years.
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Bloomberg Quint
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Five Stocks To Buy Today: Apollo Tyre, DLF, Sansera Engineering, Voltas, Among Others
- Investment experts recommend buying Apollo Tyre, DLF, Sansera Engineering, Voltas, and PNB Housing Ltd. stocks based on their analysis.
- Ajit Mishra advises buying Apollo Tyre and DLF, while Kush Bohra suggests investing in Sansera Engineering, Swati Hotkar in PNB Housing, and Voltas.
- Analysts provide specific stop-loss and target price recommendations for each stock, with varying upside potential mentioned.
- Viewers are advised to consult with their financial advisor before making any investment decisions, as the views expressed are those of the individual experts.
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Bloomberg Quint
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Indegene Gets B&K's Initiation With 15% Upside Projection
- B&K Securities initiated coverage on Indegene with a 'hold' rating and projected a 15% upside potential with a target price of Rs 648 apiece.
- Indegene, specializing in life sciences commercialization, is well-placed to benefit from outsourcing trends in the industry, according to B&K Securities.
- The company has experienced judicious growth through acquisitions, scaling from $10 million to $90 million in revenue between 2010–20.
- However, risks for Indegene include overreliance on Africa and Europe, potential drug price reductions, and increasing competition from global capability centers in the biopharma industry.
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Bloomberg Quint
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Adani Energy Has Jefferies Bullish As Double-Digit Growth Seen In Medium Term
- Jefferies maintains a 'buy' stance on Adani Energy Solutions Ltd. with a target price of Rs 1,150.
- The company is projected to have double-digit medium-term growth with significant transmission projects and steady distribution growth in Mumbai. Smart meters commissioning is identified as a key growth driver.
- Adani Energy Solutions is expected to see 34% Ebitda CAGR and 57% EPS CAGR in FY25-27E, surpassing Power Grid Corp.'s growth rates.
- Despite certain risks, the company's valuation presents upside potential with significant Ebitda delivery, transmission expansion plans, and smart meter installations.
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Bloomberg Quint
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Breaking News Live: 200% Tariff On Pharma, 50% On Copper Says Trump; AI-171 Crash Prelim Report Out On Friday
- US President Donald Trump announced a 200% tariff on pharma and a 50% tariff on copper during a press conference.
- A preliminary report on the Air India flight AI 171 crash, in which 260 people died in June, is expected to be released by Friday.
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Getfullyfunded
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5 Strategies to 10× Your Giving Tuesday Campaign
- Giving Tuesday is crucial and needs early promotion to succeed.
- Peer-to-peer fundraising with clear goals engages donors effectively.
- Utilize matching funds, DAFs, and easy checkout for success.
- Optimize donation forms for mobile, leading to higher conversion rates.
- Maintain donor engagement post-campaign for long-term relationships and success.
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