Titan reported a strong Q4FY26 with 35% net profit growth and a 50% surge in jewellery sales, yet shares slid around 6%. The drag came from international business losses that outweighed the domestic momentum. Even so, most brokerages stayed positive, keeping Buy or Overweight calls and lifting price targets on the long-term jewellery outlook.
Hero MotoCorp shares rose about 4% after Jefferies upgraded the stock to a Hold rating, citing strong Q4FY26 performance. The bike maker posted around a 30% jump in net profit and announced a total FY26 dividend of Rs 185 per share. Still, brokerages are split as demand improves but margins remain a key concern.
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Kotak Mahindra Bank stock dropped about 5% after Q4FY26 results, even as the bank delivered a solid quarter. Net profit grew 13.3% year on year and NII rose 8.1%, while asset quality improved with both gross and net NPAs declining. Morgan Stanley stayed bullish with an “Overweight” rating despite the selloff.
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