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Hyundai Motor India shares gain 5% despite profit slump; Why brokerages remain bullish | Check target prices
Hyundai Motor India shares rose over 5% after it reported record Q2 FY27 sales and revenue, despite a 23.9% drop in net profit as costs…
STT hikes backfire? Zerodha's Nithin Kamath says traders are moving to ‘riskier options trades’
Zerodha's Nithin Kamath warned that higher securities transaction taxes and other curbs on futures and options trading may have pushed traders toward riskier behaviour. On…
Jupiter Wagons share price rises fourth session straight; jumps 9% today; here's why | Check target, rationale
Jupiter Wagons shares opened at ₹186.24 on NSE today, as compared to previous close of ₹181.05 on Wednesday.
India isn't out of the AI race as private equity investors see promise
In its 19 October report, investment bank Goldman Sachs estimated that prospective IPOs over the next 2-5 years could add $50-$100 billion in incremental market…
Vedanta Aluminium more than doubles profit; cost cuts in focus to drive earnings
Vedanta Aluminium’s September-quarter net profit more than doubled, while revenue rose 41% and EBITDA surged 83% year-on-year. The company expects higher production volumes and lower…
Rupee hits two-week low on 'sticky' dollar bids, modest intervention cushions
The Indian rupee experienced a sharp decline on Thursday, hitting a two-week low against the dollar. Traders highlighted that heightened dollar demand and overseas debt…
Adani group stocks jump up to 3%, add Rs 23,000 crore to total m-cap. What’s behind the surge?
Adani Group stocks rose on Thursday, adding Rs 23,000 crore to their combined market capitalisation, as Q2 results and bullish brokerage calls lifted sentiment. Adani…
Jefferies initiates coverage on NSE with ‘Buy’; here’s why it sees fresh growth potential
Jefferies has initiated coverage on NSE with a ‘Buy’ rating and a target price of Rs 2,085, indicating over 17% upside. The brokerage expects structural…
Vedanta Aluminium reports 41% revenue growth to Rs 22,066 crore in September quarter
In the September quarter, Vedanta Aluminium experienced a remarkable 41% growth in revenue year-on-year. Despite predictions of falling aluminium prices, production is on the rise…
One Planet Partners ties up with Japan’s SMTB to deploy ₹3,000 cr for maiden fund
One Planet Partners has partnered with Japan’s Sumitomo Mitsui Trust Bank for its maiden fund, to deploy around ₹3,000 crore in investments across energy transition,…
Noel Tata is stepping down from six Tata Group company boards in November | Here's why
Noel Tata will step down from the boards of six Tata Group companies on November 12, when he turns 70, in line with retirement policy.…
