Cupid shares rose 8.8% over two sessions to Rs 289.95. For the April–June quarter, the company reported consolidated net profit of Rs 44 crore, up from Rs 15 crore a year earlier, while revenue from operations jumped 159% to Rs 155 crore. EBITDA increased 265% to Rs 60 crore and the EBITDA margin expanded 1,127 bps to 39%. The company said it implemented a minimum 10% price increase across its export portfolio and benefited from a favourable USD/INR exchange-rate environment, supporting export realisations and margin expansion.

Dish TV reported a consolidated net loss of Rs 286 crore for the quarter ended June 30, 2026, more than tripling from a year earlier. Subscription revenue dropped 41% to Rs 161 crore, while total expenses rose 46% to Rs 375 crore and operating revenue fell 19% to Rs 266 crore. The company is expanding its VZY Smart TV ecosystem as viewing habits shift.

Senco Gold reported a 67% year-on-year rise in consolidated revenue to Rs 3,056 crore for the quarter ended June 30, 2026, while consolidated profit after tax fell 3% to Rs 101 crore. The PAT margin narrowed to 3.3% from 5.7%, and the EBITDA margin declined to 7% from 10%. The company attributed the margin squeeze to promotional discounting, lower gold prices and changes in customs duty. Shares fell more than 8% on the day.

India’s gold ETF net inflows fell 55% month on month in July, while silver ETF inflows dropped 70%, according to data from the Association of Mutual Funds in India. Gold ETF assets under management rose to Rs 1.73 lakh crore, while silver ETF AUM slipped to Rs 77,676 crore. Gold ETFs posted an average return of 1.37% for the month, while silver ETFs recorded an average loss of 2.48%.

Godrej Consumer Products said Managing Director and CEO Sudhir Sitapati resigned with immediate effect, sending the stock down as much as 10% intraday to Rs 916 on the BSE. Citi said management reiterated its FY27 guidance and gave no indication of a change in strategy. CLSA kept an Underperform rating and cut its target price to Rs 772, while HSBC downgraded the stock to Hold and reduced its target to Rs 1,120. The company recently reported a 12% year-on-year rise in quarterly net profit to Rs 505 crore.

Gold held near a 10-week high, with spot prices up 0.3% at $4,377.79 an ounce while U.S. futures were little changed. The metal earlier touched its highest level since June 5 but met resistance at the 100-day moving average around $4,387. Traders have cut the implied chance of a September Federal Reserve rate hike to 48% and are awaiting U.S. CPI data to reassess the rate path. Inflation worries tied to the Middle East conflict have offered support, while silver, platinum and palladium traded in narrow ranges.

India’s gold-loan lender Muthoot Fincorp has appointed Kotak Mahindra Capital, Morgan Stanley India, JM Financial and SBI Capital Markets as bookrunning lead managers for its planned ₹3,000crore initial public offering. The issue is expected to be largely fresh shares and could dilute promoter ownership by about 10%. As of March 31, 2026, the company’s consolidated assets under management stood at ₹73,448.82 crore.

Gold prices edged higher near a two-month high as markets waited for upcoming US inflation readings. Spot gold was at $4,396.87 an ounce after touching $4,434.84, the highest since June 5, while US gold futures rose 0.8% to $4,456.10. Traders see about a 50% chance of a rate increase in September and a 79% chance in December.

International crude prices jumped about 5% on Friday as expectations for a Strait of Hormuz agreement faded, settling at $82.13 a barrel. U.S. equities ended lower, with the Nasdaq down 0.32%, the Dow off 0.13% and the S&P 500 edging down 0.06% after the benchmark had set a record closing high earlier in the week. Intel shares declined after the chipmaker said it plans to raise $15 billion through a share sale. Energy stocks outperformed, with Apache and Marathon Petroleum among notable gainers.