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Lupin shares jumped 5% after reporting a 52% YoY rise in Q1 FY26 net profit to Rs 1,221 crore, driven by strong US and India sales. Revenue rose to Rs 6,164 crore. While Choice Broking upgraded the stock to 'Buy' with a Rs 2,375 target, Motilal Oswal maintained a Neutral view citing limited upside despite earnings surprise.
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Indian export-oriented stocks fell sharply after Trump announced a 50% tariff on Indian goods like textiles, jewellery, shrimp, and chemicals. Analysts warn of sector-specific pain and stalling investments as trade tensions rise.
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NSDL shares jumped 6.6% to 997.65 on Thursday, extending their post-listing rally to 13.4% from the opening price of 880. Listed a day earlier at a 10% premium over the 800 IPO price, the stock has shown strong early gains but still trails the grey market premium, prompting investors to reassess holding vs. booking profits.
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