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Mid and small-cap stocks currently trade at higher PEs, demanding superior growth to justify valuations compared to large caps. While seemingly overvalued based on current forward PEs, strong growth expectations, particularly in auto and consumer durables during the festive season, could validate these valuations. Fund manager allocation towards mid and small-caps suggests continued buying support despite valuation concerns.

VRL Logistics shares start trading ex-bonus from Thursday, August 14, following the company’s 1:1 bonus share issue. Investors buying the stock today will not be eligible for the bonus, determined by the August 14 record date. Under the scheme, shareholders receive one additional share for every share held, doubling holdings while the share price adjusts proportionally.

Bharat Petroleum Corporation Limited (BPCL) reported a 141% year-on-year rise in Q1FY26 net profit to Rs 6,839 crore, up from Rs 2,842 crore a year ago. Revenue grew marginally to Rs 1,29,615 crore, while total expenses fell 2% to Rs 1,22,583 crore. The Average Gross Refining Margin declined to $4.88 per barrel from $7.86.

When the closing price rises above the VWAP, it indicates that the closing price is higher than the average price at which the stock was traded throughout the day, weighted by trading volume.

Saurabh Mukherjea of Marcellus Investment Managers anticipates profit margin compression in the AMC sector due to increased competition. He suggests potential US tariffs on India are negotiation tactics, expecting a 20% rate post-Russia-US deal, benefiting India s position against China. Mukherjea highlights tech disruption in broking and asset management, citing Zerodha and Groww s success.

Vishal Mega Mart reported strong Q1FY26 results, with PAT rising 37.2% to Rs 206.10 crore and the margin improving to 6.6%. Revenue grew 21% to Rs 3,140.30 crore, while gross profit and EBITDA rose 21.6% and 25.6% respectively. Apparel led revenue at 47.4%, and own brands contributed 75.8%. The company’s consumer base reached approximately 151 million.

Jubilant Foodworks shares: The company posted a robust 59.8% year-on-year jump in profit after tax (PAT) for Q1 FY26, reaching Rs 97.2 crore. The PAT margin expanded by 115 basis points to 4.3%. Quarterly revenue climbed 17% year-on-year.

A significant uptick in futures open interest signifies substantial growth in the number of active, unexpired futures contracts in a specific security.

Banks are closely watching Indian companies foreign investments. They are asking more questions about the purpose and success of these ventures. This happens as foreign investment in India has significantly decreased. Banks now want detailed information and proof before approving money transfers abroad. This ensures investments are genuine and used correctly, as per Reserve Bank of India guidelines.