Synopsis: Coal India Ltd shares are near a 52-week high and rallied 5% in the day’s trade on expectations of higher coal prices, rising power demand, and attractive valuations. Brokerages offer mixed views: Citi and JPMorgan remain neutral, while Axis Capital upgrades...
Synopsis: An FMCG major reshuffled its wellness portfolio by selling a 19.8% stake for ₹307 crore while acquiring the remaining 49% stake in a nutrition brand for ₹824 crore, taking the total deal value to ₹1,131 crore. The stock traded around ₹2,239, reflecting a...
Synopsis: Shares of BSE Limited rose about 4% after the Securities and Exchange Board of India approved derivatives on the BSE Sensex Next 30 Index. The move could expand trading opportunities and improve liquidity. Strong financial performance and new product...
Synopsis: JPMorgan has initiated coverage on Billionbrains Garage Ventures with a Buy rating and ₹210 target price, citing strong market share gains, cross-selling potential, pricing power, and scalable platform-driven earnings growth. This Stockbroking Stock, engaged...
Synopsis: Shares of Auto OEM manufacturers fell up to 6% after the government delayed TREM V emission norms for 25–50 HP tractors until 2032. The move pushes back demand for advanced emission and fuel systems, impacting near-term growth visibility for the company. The...
Synopsis: Shares of Larsen & Toubro Ltd fell over 7% amid concerns over Middle East exposure and fixed-price contracts. Despite risks, brokerages like Macquarie Group and CLSA maintain ‘Outperform’ ratings, citing strong order backlog and manageable earnings...
SYNOPSIS: This Tata Group company clarified that Indonesia’s reported vehicle import policy discussions do not affect its 70,000-vehicle supply agreement, confirming the order remains intact and deliveries will proceed as planned. During Wednesday’s trading session,...
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: Hitachi Energy India Ltd reported record order backlog of about Rs 29,900 crore with strong 73 percent order growth, 29 percent export contribution, expanding HVDC pipeline, data-centre wins, while also seeing significant growth in revenue and profit. Being...
Synopsis: Defensive stocks belong to the FMCG, retail, beverages, and pharmaceutical sectors, which provide essential products and medicines. They tend to remain stable during market volatility due to consistent demand and steady business performance. Defensive stocks...
