Synopsis:- A pharma stock rose 4% after launching Pomalidomide Capsules in the U.S., a generic version of a cancer treatment drug. The product is available in 1mg–4mg strengths and targets a $3.2 billion market, while the company may benefit from 180 days of shared...
Synopsis: Shares of a leading plywood manufacturer fell 4.2% after the Income Tax Department conducted search and seizure operations at its office, manufacturing unit, and promoter’s residence. The company operates with 66.3 million sq. m production capacity and...
Synopsis: A Maharatna defence stock gained nearly 1% after securing a ₹2,901 crore contract from the Ministry of Defence to supply six ALH Mk-III maritime helicopters for the Indian Coast Guard. The order forms part of a larger ₹5,083 crore defence deal aimed at...
Synopsis:- A leading jewellery retailer has received a ‘Buy’ rating with a ₹635 target, implying 46% upside from ₹436. Backed by an omnichannel model, plans to scale to 700 stores, 58% repeat revenue, and 27% Q3 growth, the company shows improving profitability and...
Synopsis:- A ₹1,087.45 crore offer-for-sale IPO opens from March 4–6, with a price band of ₹1,287–₹1,352 and listing on March 11. Grey market premium stands at 0.59%. Post-issue EPS rises to ₹15.61, while promoter holding is 26.43%, reflecting premium positioning and...
Synopsis: Several stocks remained in focus after large institutional investors executed bulk deals worth thousands of crores. A promoter offloaded nearly 14% stake in a retail chain, while global funds picked up significant holdings. In another case, investors bought...
Synopsis: Shares remain in focus after UBS set a ₹640 target, implying 44% upside from ₹451. The brokerage expects RoA to reach 2% by FY28 and sees value at 2.4x FY27E P/B. The firm also plans to raise ₹1,000 crore via listed NCDs. India’s NBFC sector plays a...
Synopsis:- Escalating tensions in West Asia triggered sharp sectoral reactions across markets. Travel stocks declined amid flight disruptions, while defence names surged up to 14%. Metal counters slipped despite recent gains, and rice exporters weakened on trade...
Synopsis: Crude oil surged up to 13% after Middle East tensions escalated, briefly holding near $80 per barrel before cooling. Supply risks around the Strait of Hormuz, which handles 20% of global oil, remain key. Meanwhile, OPEC+ plans to raise output by 206,000...
Synopsis:- ICICI Direct has given a ‘Buy’ call with a ₹610 target, implying 12% upside from ₹540. The company holds a ₹1,294 crore order book and ₹850 crore YTD inflows, largely defence-led. Despite near-term execution delays, capacity expansion plans support...
