Synopsis: Shyam Metalics has commissioned commercial production at its 18,000 TPA aluminium foil facility in Sambalpur, Odisha, with its 60,000 TPA FRP plant on track for a September 2026 launch. India’s downstream aluminium segment is witnessing rising...
Synopsis: ICICI Lombard shares fell 15% after weak Q1FY27 results showed a 46% YoY decline in PAT due to higher claims, fire losses, additional motor third-party reserves, and lower investment income. Brokerages flagged near-term earnings pressure, rising competition,...
Synopsis: Oriental Hotels reported an 18.31 percent QoQ decline in revenue and an 83.65 percent drop in net profit, reflecting a weaker Q1 FY27 performance. This Tata Group Stock, engaged in owning, operating, and managing luxury hotels, restaurants, banquets, and...
Synopsis:- A leading Delhi-NCR developer sold fewer homes in the June quarter than a year ago, yet pre-sales value still grew sharply, a mismatch that traces back to a deliberate shift toward pricier, branded residences rather than any real slowdown in demand. Shares...
Synopsis: HSBC has reaffirmed its ‘Buy’ rating on this East India cement manufacturer, increasing the target price to ₹475, suggesting a nearly 20% upside. This follows a strong EBITDA performance in the June quarter, supported by higher prices and a...
Synopsis:- HCL Technologies delivered a Q1 FY27 beat on margins and deal bookings, but the brokerage reaction has been genuinely split, with target prices ranging from Rs. 1,040 to Rs. 1,450 across nine major research houses, reflecting a broader disagreement over...
SYNOPSIS: Landmark Cars Ltd gained investor attention after a 35% stock rally driven by strong Q1FY27 results, rising vehicle sales, growing EV contribution, improved BYD performance, and upcoming model launches. The company’s partnerships with Mercedes-Benz, BYD, MG,...
Synopsis: A listed electronics and technology solutions player has entered a strategic tie-up with a leading Indian cybersecurity firm to jointly pursue enterprise and government business opportunities, even as its latest annual numbers show a sharp turnaround in...
Synopsis: A leading IT services major delivered a steady first quarter with double-digit revenue and profit growth, even as its Advanced AI business more than doubled year-on-year. Record bookings and margin expansion point to continued momentum heading into the rest...
Synopsis: The Indian government is close to accepting Fairfax Financial Holdings’ revised offer to acquire a 60.7 percent stake in IDBI Bank. The shares of this private sector bank gained 5 percent after reports suggested the government is close to accepting...
