Now Reading: Amagi Media, Sun TV, Astral lead Q1 gains; Sensex down 150 points
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Amagi Media, Sun TV, Astral lead Q1 gains; Sensex down 150 points
Amagi Media, Sun TV, Astral lead Q1 gains; Sensex down 150 points
Shares of Amagi Media Labs jumped over 8% on the NSE after it reported a standalone PAT of Rs 22.97 crore in Q1FY27, against a loss of Rs 5.53 crore a year…
The Story in Brief
Shares of Amagi Media Labs jumped over 8% on the NSE after it reported a standalone PAT of Rs 22.97 crore in Q1FY27, against a loss of Rs 5.53 crore a year ago. Sun TV shares rose 3% as PAT climbed nearly 16% year-on-year to Rs 611.97 crore, and the board declared an interim dividend of Rs 5 per share. Astral gained 6% on a PAT of Rs 135.8 crore versus Rs 96.6 crore. Tata Motors CV shares surged over 6% after consolidated PAT rose 83% to Rs 2,600 crore.
The Sensex fell 150 points to 77,815.91, while the Nifty slipped 90 points to 24,345.45. Gold dropped Rs 1,062 to Rs 1,53,820 per 10 grams. Over a dozen companies including Page Industries, Max Healthcare, Jubilant FoodWorks, and Brigade Enterprises are scheduled to report their June quarter results today.
The Indian Opinion
The usual narrative around Q1 results paints a picture of broad market euphoria, but the Sensex and Nifty both ended in the red, reminding us that stock-specific gains do not mean the whole market is thriving. Gold's sharp fall also signals shifting investor sentiment. With over a dozen major firms reporting today, the real test will be whether earnings growth translates into sustained index recovery or remains confined to a few outperformers.
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above.
