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Jio Financial Services takes full control of Jio Payments Bank with Rs 104.5 crore SBI stake buy
By purchasing a significant share from SBI, Jio Financial Services now wholly owns Jio Payments Bank, strengthening its position to expand financial offerings alongside recent inve...
Read Full Article →Siemens Energy shares to list tomorrow after demerger. Here's what Jefferies expects
The upcoming stock market debut of Siemens Energy in India is anticipated to drive substantial revenue growth by FY27, supported by increasing government investments and a rise in...
Read Full Article →Swiggy shares may rally 50%, says IIFL as it initiates coverage with buy call
IIFL expects Swiggy’s robust revenue expansion and margin improvements in food delivery and quick commerce sectors to drive significant stock price appreciation over the coming yea...
Read Full Article →Adobe shares slump 7% as investors skeptical of quicker AI-adoption returns
Investor concerns about the pace and profitability of AI implementation contributed to a notable decline in Adobe’s stock value, reflecting uncertainty despite expectations of high...
Read Full Article →JM Financial retains Buy on PDS, target price Rs 690
PDS is anticipated to experience substantial revenue and profit growth by FY26 due to enhanced outsourcing, operational improvements, and market expansion, supporting continued inv...
Read Full Article →I-Sec maintains Add on Marico, target price Rs 740: ICICI Securities
ICICI Securities projects steady financial growth for Marico between FY25 and FY27, driven by increased market presence, product diversification, and strong overseas operations, su...
Read Full Article →I-Sec maintains Buy on 3M India, target price Rs 33,500
ICICI Securities expects significant revenue and profit growth for 3M India in the coming years, reflecting confidence in the company’s robust financial results and future business...
Read Full Article →Advait Energy block deal: Vijay Kedia buys stake worth Rs 17 crore in smallcap counter
Vijay Kedia’s recent purchase of shares in Advait Energy highlights growing investor confidence as the company reports substantial revenue and profit growth alongside notable stock...
Read Full Article →BSE shares crack 4% after being placed under ASM framework
The recent 4% decline in BSE Ltd’s stock following regulatory intervention highlights investor caution amid previous rapid price increases and significant quarterly financial impro...
Read Full Article →Texmaco Rail shares rally 5% after Rs 44 crore order win from Mumbai Railway Vikas Corporation
The recent contract awarded to Texmaco Rail is expected to contribute positively to its future revenue streams, supporting the company’s ongoing growth despite recent profit fluctu...
Read Full Article →Oriental Carbon block deal: BofA buys stake in this Rs 300 crore m-cap counter. Stock surges 20%
Bank of America's recent purchase of a significant shareholding in Oriental Carbon coincides with a notable stock price increase, reflecting investor interest despite mixed recent...
Read Full Article →Sustained capacity addition, PPA tie ups improve revenue visibility for Acme Solar
Acme Solar’s increased energy production and expanded infrastructure, supported by new power agreements and additional funding, are expected to enhance its future earnings stabilit...
Read Full Article →HDFC Securities maintains Add on Supreme Industries; target price unchanged at Rs 4,110
HDFC Securities recommends increasing investment in Supreme Industries, anticipating improved plumbing demand and consistent growth in key financial metrics, while maintaining the...
Read Full Article →Motilal Oswal initiates coverage on Time Technoplast with ‘buy’ rating, Rs 578 target price; stock u...
Motilal Oswal’s positive outlook on Time Technoplast reflects the company’s consistent growth in revenue, earnings, and profit margins, supporting expectations of continued financi...
Read Full Article →Where is India’s equity wealth sitting? Zerodha holds 1 in 10 rupees of retail & HNI assets
Zerodha controls a significant portion of India's retail and high-net-worth individual equity investments, demonstrating substantial market presence and investor confidence, while...
Read Full Article →Buy Lemon Tree Hotels, target price Rs 174: ICICI Securities
ICICI Securities projects continued growth for Lemon Tree Hotels, highlighting improved earnings, rising occupancy rates, and expected debt reduction, supporting a favorable invest...
Read Full Article →US stocks gain as investors focus on trade, jobs data
The recent increase in US equity markets reflects investor optimism about upcoming trade negotiations and labor statistics, while individual stock movements were affected by compan...
Read Full Article →Newgen Software shares soar 9% on bagging $2.5 million five-year international contract
The recent international contract valued at $2.5 million over five years is expected to enhance Newgen Software’s revenue stream, complemented by robust quarterly earnings and anti...
Read Full Article →ICICI Securities maintains Add on Apollo Hospitals, raises target price to Rs 7,500
The updated projections for Apollo Hospitals indicate stronger revenue growth and margin expansion, leading to higher earnings estimates and a revised valuation multiple for the up...
Read Full Article →Buy Ahluwalia Contracts, target price Rs 1,210: JM Financial
JM Financial expects Ahluwalia Contracts to deliver solid earnings and revenue expansion supported by a significant order backlog and improving profit margins, indicating positive...
Read Full Article →Will Zerodha go for an IPO? Here's what Nithin Kamath said
Zerodha, supported by solid profits, is preparing for short-term challenges while aiming to evolve into a diversified financial services company with a revenue goal of Rs 10,000 cr...
Read Full Article →I-Sec maintains Add on Alkem Laboratories, revises target price to Rs 5,900
ICICI Securities projects moderate revenue growth and improved margins for Alkem Laboratories but has lowered earnings forecasts for FY27E because of increased tax expectations, in...
Read Full Article →Zerodha’s MTF bet pays off, touches Rs 3,000 crore in 6 months despite a bear market: Nithin Kamath
Zerodha’s Margin Trading Facility has rapidly grown to ₹3,000 crore within half a year, providing a revenue cushion amid market declines and contributing positively to the company’...
Read Full Article →CDSL shares witness strong bullish momentum, up 60% from March lows
CDSL’s stock experienced substantial gains and increased trading activity, indicating renewed market interest and confidence despite recent declines in quarterly profit and revenue...
Read Full Article →Incremental positives in Vodafone Idea, but funding hinges on AGR clarity: Balaji Subramanian
Vodafone Idea’s improving revenue and average revenue per user indicate progress, but resolving adjusted gross revenue obligations remains essential for securing necessary funding...
Read Full Article →Inox Wind shares slide 3% after Q4 results, but brokerages predict 21% upside
Despite a short-term decline, Inox Wind’s quarterly profit and revenue growth suggest considerable potential gains, with analysts highlighting solid performance and strategic devel...
Read Full Article →In a challenge to peers, Canara Bank waives minimum balance rule
By removing the average monthly balance requirement, Canara Bank expects reduced fee income but aims to increase customer investments in fixed deposits, potentially offsetting loss...
Read Full Article →Salasar Techno Engineering Q4 net profit grows 30 pc to Rs 20 cr
Salasar Techno Engineering reported a notable rise in consolidated earnings for the March 2025 quarter, driven by increased revenue and resulting in a 30 percent boost in net profi...
Read Full Article →Titagarh Rail Systems Q4 results: Net profit declines 18% YoY, revenue down by 4%
During the fourth quarter, Titagarh Rail Systems experienced a notable reduction in net earnings and top-line income compared to the previous year, yet the board proposed distribut...
Read Full Article →FSN E-Commerce Ventures block deal: BNP Paribas sells shares worth Rs 502 crore in Nykaa parent
BNP Paribas Financial Markets completed a major share sale valued at Rs 502 crore in Nykaa's parent company, coinciding with the firm’s notable year-on-year profit and revenue grow...
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