DLF's Q1 FY27 pre-sales collapsed 94% YoY to Rs 657 crore, but management held its Rs 20,000 crore full-year target on a loaded H2 launch pipeline. Realty
Q1 FY27 bookings came in at just ₹657 crore, down about 94% year-on-year, with no housing launches during the quarter due to deferred project timing. Management reiterated its full-year ₹20,000 crore pre-sales target, pointing to a loaded H2 pipeline — Gurugram phases, Arbour Senior Living, Westpark Phase 2 Mumbai and a Goa launch — but whether that pipeline actually launches on schedule is unconfirmed, and is exactly what the desk's open DLF guidance claim is tracking.
Infosys trimmed the top end of its FY27 revenue growth guidance to 1.5-3%, the confirmed cut at the center of the sector's standing guidance-caution thread. Information Technology
At its Q1 FY27 results, Infosys narrowed its FY27 constant-currency revenue growth guidance from 1.5-3.5% to 1.5-3.0% — a cut to the upper end — citing global economic uncertainty and cautious client tech spend, while holding EBIT margin guidance at 20-22%. This confirms the cut side of the sector's open claim; the other three large-caps in it (HCLTech, TCS, LTIMindtree) have not offset it with a raise.
Lupin guided FY27 US sales down to a $250-280M quarterly run-rate as Tolvaptan/Mirabegron competition intensifies, reiterating recovery only from FY28. Pharmaceuticals
Lupin guided FY27 US revenue to $1.1-1.2bn, with quarterly runs falling to $250-280M from $366M in Q1, and FY27 EBITDA margin to ~25% from 29.7% in FY26, as Tolvaptan and Mirabegron generic competition intensifies from Q2 with new entrants. Management reiterated growth resumes only in FY28 on new launches (pegfilgrastim biosimilar, dalbavancin, sugammadex, eribulin) — elaboration of the trough thesis from the same Aug 7 call, not new information.
Sugar stocks extended a third straight rally as a new government stockholding limit on bulk buyers takes effect September 1.
Balrampur Chini and Banari Amman rallied for a third straight session on a new central-government stockholding limit for bulk sugar buyers, effective September 1 through November 30, 2026, amid elevated sugar prices. No corroborating news was found this session for the other names in the day's dispersion (Kronox, Solara, KWIL).
RBI's draft barring revolving credit at non-card-authorised NBFCs remains open for comment until Aug 28, with no notification yet. Financial Services
The RBI's draft restricting non-card-authorised NBFCs to term loans only — barring flexi/revolving credit products, aimed at curbing evergreening risk — remains in its public comment window through August 28, 2026. As of this session it has not been notified in either its drafted or a softened form, so the sector's open question is still unresolved either way.