Waaree Renewable Technologies shares jumped more than 10% to trade at Rs 1,174.10 after the company reported strong quarterly results for Q4. The move reflects investor confidence in the clean energy company's recent financial performance, though specific revenue, margin, and profit figures from the quarterly report were not disclosed in available reporting. Waaree Renewable Technologies operates within India's rapidly expanding solar and renewable energy sector, where policy tailwinds and capacity expansion targets have sustained elevated investor interest. The double-digit single-session gain signals meaningful near-term sentiment repricing for the stock. Traders and analysts will now focus on whether management guidance, order book disclosures, or margin trajectory from the full earnings release can sustain momentum beyond the initial reaction.
The Indian government has launched an OFS to sell up to 6.5% of its LIC stake, opening for non-retail investors on August 4, 2026, at a floor price of Rs 382 per share, about 11% below Monday's close. The discounted offering is likely to pressure LIC shares in the near term as supply increases sharply.
More than a dozen major Indian companies including Bharti Airtel, ONGC, Pidilite, Nykaa, DLF, and Ather Energy report April-June 2026 earnings on August 4. Results span telecom, energy, consumer goods, real estate, and EV sectors, giving markets a broad read on corporate health mid-earnings season.
Amazon shares hit a new all-time high Monday, pushing its market cap above $3 trillion following a sustained post-earnings rally. The milestone places Amazon among the very few companies globally to reach this valuation, with investor focus on AWS and advertising growth driving the move.
Sensex Gains 500 Points as Oil Falls on Iran Talks
The Sensex rose around 500 points and the Nifty crossed 24,500 on Monday after Donald Trump announced talks with Iran, pushing oil prices lower. IndiGo, ITC, FMCG, and metals led the gains as cheaper crude eased cost and inflation concerns.