Synopsis: HDFC Asset Management Company Limited reports 20.11% YoY revenue growth and a 19.97% YoY net profit surge in Q3 FY26 results. This Asset Management company, engaged in managing mutual funds, portfolio management services, alternative investment funds, and...
Synopsis: Groww’s Q3 FY26 results are something of a mixed bag. Revenue rose 25% to Rs 1,216 crore; however, profits dropped 28% during the same period. Even though its user activity remains strong, its market share is holding steady. One of India’s leading...
Synopsis:- The stock trades near ₹672 with a brokerage target of ₹806, implying 27% upside. Demerger plans, EBITDA CAGR of 20%, aluminium expansion to 525 kA, 3.5 MTPA alumina addition, and power capacity rising by 1,000 MW support long-term rerating potential. The...
Synopsis: Polycab India plunged sharply after a large block deal took place, valued at around Rs 590 crore. About 7.98 lakh shares, or approximately 0.53% of the company, were traded at an average price of Rs 7,387.5. The shares of this leading company, engaged in the...
Synopsis: Torrent Pharma’s acquisition of JB Chemicals will raise its domestic market rank from 7th to 5th, with Rs. 12,500 cr raised via bonds and Rs. 1,500 cr via commercial paper, enhancing scale, synergies, and competitiveness. One of the leading Indian...
SYNOPSIS: Motilal Oswal sees CY26 as the IT growth bottom, with Infosys well placed for an AI-led rebound through FY27-FY28, supported by strategic AI-native partnerships like Cognition’s Devin. During Wednesday’s trading session, shares of a global leader in...
Synopsis: CLSA has reiterated a Buy on HDFC Bank Limited with a ₹1,200 target, citing temporary concerns, stable loan and deposit growth, improving margins, and attractive valuation compared to ICICI Bank Limited. This India’s largest private sector bank,...
SYNOPSIS: L&T shares faced sentiment pressure after reports of potential Kuwait oil tender cancellations, though the company clarified the projects were not part of its order book, limiting direct business impact. During Tuesday’s trading session, shares of a $30...
Synopsis: TCS and HCLTech delivered steady Q3 performance with healthy revenue growth and strong AI traction, supported by robust deal wins and expanding AI partnerships, though brokerages have differing views on valuations and near-term upside with mixed buy, hold,...
Synopsis: Several prominent Indian stocks, including Brainbees, Sula Vineyards, Siemens Energy, AWL Agri Business, and Afcons Infrastructure, are nearing their 52-week lows. Many stocks in the Indian market are trading near their 52-week lows, signaling potential...