🇮🇳 India Daybook: TCS Q1 Profit Hits ₹13,349 Cr, Gyftr Limited Debuts on NSE

📍 EARNINGS

• TCS: The IT major reported a consolidated net profit of ₹13,349 crore for Q1 FY27, marking a 5% YoY increase. Revenue grew 14% YoY to ₹72,275 crore, supported by a strong order book of $9.5 billion and a surge in AI-led transformation deals.

📍 ORDER WIN

• Premier Energies: The company has secured significant solar orders, bolstering its presence in the renewable energy infrastructure segment.
• BHEL: Remains in focus following its massive ₹21,000 crore EPC contract from Meja Urja Nigam and a separate ₹2,500 crore order from Nigeria’s Dangote Refinery.

📍 REGULATORY

• Reliance Industries (RIL): The company received an administrative warning from SEBI regarding alleged insider trading by two employees and an immediate relative. RIL stated that the warning is cautionary and does not impose any financial or operational restrictions.
• Lupin: Secured tentative approval from the USFDA for generic Enzalutamide tablets (prostate cancer) and tentative approval for HIV treatment tablets (Bictegravir, Emtricitabine, and Tenofovir Alafenamide).

📍 NEW LISTING

• Gyftr Limited: Trading in the company’s equity shares is scheduled to commence on the National Stock Exchange (NSE) today, July 10, 2026, under the symbol GYFTR.

📍 CORPORATE ACTION

• TCS: Declared an interim dividend of ₹12 per equity share; the record date for eligibility has been fixed as July 15, 2026.
• RCF: Planning an equity expansion through a Follow-on Public Offer (FPO) to support its upcoming projects.
• HDFC Bank: Reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points, effective recently, influencing loan pricing.

📍 INVESTOR MEET

• Man Industries: The company is hosting an in-person analyst and investor meeting for ICICI Prudential AMC today, July 10, 2026, to discuss business outlook and strategic initiatives.

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