Synopsis: Coca-Cola has moved closer to its proposed Rs 9,600 crore India bottling business IPO by inviting investment banks to pitch for the mandate, marking a key step in the listing process. Hindustan Coca-Cola Beverages, headquartered in Bengaluru, is...
Synopsis: Brokerages have recommended five stocks across the fintech, retail, chemicals, IT, and FMCG sectors, with target prices indicating a potential upside of up to 69 percent. Brokerage reports are widely followed by investors as they provide insights into a...
Synopsis: The company’s growth outlook is supported by a 33 percent EBITDA margin, 11.3 percent FY27 revenue growth outlook, AI adoption, and subscriber growth despite slower business inquiries The article outlines the rationale behind the company’s growth...
Synopsis: Fintech stock gained investor attention after it announced its Indonesia expansion strategy through a local partnership to offer payment technology and soundbox solutions. The share of this company, which allows over 300 million users to make UPI transfers,...
Synopsis: Textile stock jumps 5 percent after acquiring Falcon Yarns. The acquisition is expected to expand manufacturing capacity, improve operational efficiency, and support the company’s long-term growth plans. The share of this company, which is engaged in...
Synopsis: Microfinance company’s stock gained around 11 percent after reporting an 18 percent YoY rise in assets under management to Rs 14,457 crore and a 49 percent YoY increase in Q1 disbursements. The share of this company, which is focused on providing...
Synopsis: The defence stock jumped 5 percent after it announced the acquisition of a 41.33 percent promoter’s stake in Premier Explosives for around Rs 1,550 crore. The shares of this company, which supplies hardware, avionics, and underwater warfare electronics to...
Synopsis: Jefferies has shared its latest views on three leading pharma stocks. Here’s a look at its sector outlook, ratings, target prices, and why it prefers one stock over the other two. Pharma stocks are back in focus after global brokerage Jefferies shared...
Synopsis: Alcohol stock fell 6.7 percent despite a 46 percent jump in Q1 FY27 net profit, as investors reacted to weaker quarter-on-quarter earnings, higher input costs, and lower other income. The share of this company, which manufactures and markets Alcoholic...
Synopsis: Eight stocks gained investor attention after block deals worth over Rs 2,300 crore, involving institutional buying and selling across banking, pharma, technology, and financial services sectors. The Indian stock market witnessed several block deals, bringing...