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Stocks to Watch Today: Rentomojo, Marico, Juniper Hotels and Major Market Updates
M
Moneycontrol•06-10-2026, 06:53
Stocks to Watch Today: Rentomojo, Marico, Juniper Hotels and Major Market Updates
- •Rentomojo reported a 38.6 percent decline in Q1 net profit to Rs 7.8 crore, while revenue surged 51.1 percent to Rs 126.3 crore.
- •Juniper Hotels entered into a binding MoU with Imagicaaworld Entertainment to acquire the operating Novotel Imagicaa hotel in Khopoli for Rs 248 crore.
- •Marico increased its stake in Satiya Nutraceuticals from 60 percent to 84.09 percent by acquiring an additional 24.09 percent stake.
- •Axis Bank, Kotak Mahindra Bank, and IndusInd Bank released their quarterly business updates showcasing robust growth in advances and deposits.
- •Zydus Lifesciences partnered with MSN Laboratories to launch the generic version of riociguat tablets in the United States market.
Key Questions Answered
Rentomojo reported a 38.6% drop in consolidated net profit to Rs 7.8 crore, while its revenue surged 51.1% to Rs 126.3 crore for the June quarter.
Juniper Hotels entered into a binding memorandum of understanding with Imagicaaworld Entertainment to acquire the operating Novotel Imagicaa hotel in Khopoli, Maharashtra, for Rs 248 crore.
Marico acquired an additional 24.09% stake in Satiya Nutraceuticals, increasing its total holding from 60% to 84.09% on a fully diluted basis for an aggregate consideration of Rs 1,392.07 crore.
