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Dixon Technologies shares fell on Monday despite posting a strong Q2 results, with net profit up 81% YoY to Rs 746 crore. Analysts at Motilal Oswal and JM Financial remain positive on long-term growth, citing strong mobile and EMS performance, but caution near-term margin pressure due to component ramp-up and cost integration.
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Shares of Punjab National Bank gained 1.7% after the lender posted a 14% year-on-year rise in profit after tax for Q2FY26, supported by improved asset quality and steady business growth. Despite a slight dip in net interest income, operating profit and key financial ratios strengthened, with GNPA and NNPA levels improving and the Provision Coverage Ratio rising.
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IDFC First Bank shares surged following a robust 75.5% year-on-year profit increase for the second quarter of FY26. This growth was fueled by strong business expansion and better operating leverage. Loans and customer deposits saw significant year-on-year increases. Asset quality remained stable. The bank's management expressed confidence in sustaining this positive trend.
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