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...
Synopsis: Vivid Electromech started FY27 with steady growth, supported by strong execution, fresh order wins, a healthy project pipeline, capacity expansion plans and focus on fast-growing infrastructure and data centre opportunities. The shares of this small cap...
Synopsis: Tata Steel remained in focus after HSBC reaffirmed its ‘Buy’ rating, saying the Netherlands criminal proceedings involve limited historical incidents and are unlikely to materially affect the company’s fundamentals or growth outlook. The...
Synopsis: ICICI Prudential AMC shares are in focus after its Q1 FY27 results and brokerage updates. Revenue grew 17.5% YoY to ₹1,564 crore, while net profit rose 23.1% to ₹965 crore. Global brokerages remain largely positive on the stock, citing strong long-term...
Synopsis: Shares of this PSU stock are in focus after securing Rs. 501.45 crore worth of new work orders from the Rajasthan Council of School Education, Bharat Electronics (BEL), and Power Finance Corporation (PFC) across multiple infrastructure projects. The shares...
Synopsis: A leading building materials manufacturer posted its strongest-ever first-quarter EBITDA performance, with shares rallying sharply after volume and profitability beat expectations. A newly commissioned grinding unit in Gujarat and an expanding integrated...
Synopsis: The shares of this pharmaceutical company gained attention after it announced a Rs. 231.87 crore acquisition to take full ownership of its biologics subsidiary and strengthen its biotechnology business. The shares of this company, which develops,...
Synopsis: Shares of Saatvik Green Energy gained 7% after Motilal Oswal initiated coverage with a ‘Buy’ rating, citing its Rs. 8,000 crore order book, capacity expansion plans, and expectation of a 44% PAT CAGR over FY26–FY28. The shares of this company are...
Synopsis: Tata Power is exploring an overseas borrowing to strengthen funding for its operations and future investments, while also managing its financial obligations as the company continues expanding across key business segments. The shares of this large cap...
