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Afcons’ turnaround story stumbles on execution roadblocks
Payment delays and labour shortages continue to squeeze margins and delay revenue conversion, overshadowing a record ₹43,300-crore order book and causing the stock to fall…
Munjal Auto Industries shares soar 15%, hit 52-week high after Q1 results. What moved the stock?
Munjal Auto Industries reported a strong Q1 FY27 performance, with consolidated revenue rising sharply and the company turning profitable from a year-ago loss. Both its…
Sugar stocks Balrampur Chini, Dhampur Sugar, Dalmia Bharat Sugar, others rally up to 7%. Here’s why
Sugar stocks rose sharply on Thursday as domestic sugar prices climbed 8-10% in a month to a seven-year high. Rising global sugar prices, worsening supply…
Tata Trusts kickstarts process for finding a successor for Tata Sons chair N Chandrasekaran
The Sir Dorabji Tata Trust passed a resolution to initiate the setting up of a selection committee for the purpose of recommending a person for…
UBS upgrades MCX rating to Buy with Rs 3,800 target price: Can it boost the stock?
UBS upgraded MCX to Buy from Neutral and raised its target price to Rs 3,800, citing attractive valuations, resilient trading volumes and positive regulatory developments.…
Stocks to buy: Nagaraj Shetti recommends Bank of Maharashtra, Hindustan Copper shares to buy in the short-term
The Indian stock market remained under strain, with Nifty 50 down 0.28% and BSE Sensex stable. Elevated crude oil prices and increasing retail inflation impacted…
India bonds consolidate as traders seek fresh cues
Indian government bonds showed minor fluctuations as market participants remained cautious, looking for new cues. Meanwhile, oil prices settled amidst ongoing concerns over a possible…
KRN Heat Exchanger shares hit 5% upper circuit as Q1 net profit more than doubles
Shares of KRN Heat Exchanger and Refrigeration hit a upper circuit on Thursday, following a strong Q1 FY27 earnings performance. The rally was driven by…
Euro zone bonds little changed as oil prices steady
Euro zone bond yields showed little movement on Thursday, coinciding with steady oil prices. Recent U.S. inflation data has lessened the market's anticipation of a…
Global Market: Japan wholesale inflation stays elevated, bolstering September rate hike bets
Japan’s wholesale inflation stayed elevated in July, with producer prices rising 7.2% year-on-year, reinforcing expectations of a September Bank of Japan rate hike. Broad-based cost…
Global Market: Japanese bond yields hold near highs as markets brace for BOJ rate hike
Japanese government bond yields remained broadly steady as investors increased bets on a possible Bank of Japan rate hike in September. Short-term yields stayed near…
