Alpha shifts: Large-caps lead for now, but Smids hold long-term promise
Gold and silver prices gained on 27 July, buoyed by reduced tensions in the Middle East and lower crude oil costs ahead of the US Federal Reserve's meeting. Gold rose $49 to $4,119, while silver increased by $1.50 to $60.39, reflecting a shift in investor sentiment.
Adjusted earnings per share, excluding certain items, climbed 21% to $2.63 in the latest quarter, comfortably surpassing analysts' expectations
Mold-Tek Packaging reported a strong Q1 FY27, with net sales up 24.9% to ₹300.45 crore and EBITDA growing by 19.1%. The company maintains confidence amid geopolitical challenges, focusing on pharmaceutical packaging and expanding its product portfolio while recovering from previous stock lows.
Crude prices fell more than 9% after Washington and Tehran paused strikes, easing near-term pressure on India's import bill, even as risks around key shipping routes and Russian supplies persist.