Sanjay Kathuria said that investors should examine the costs and conditions of financial products before committing their money. The mindset should be to ask questions.
Jio Platforms' ₹30,213 crore IPO was fully subscribed within 100 minutes of opening on October 21. The issue was booked 22.19 times, with strong institutional demand driving the bids.
VK Vijayakumar of Geojit Investments said that market has turned decisively weak amid reports of possible renewed strikes by the US on Iran after the midterm elections in the US.
Devina Mehra, founder and CMD of First Global, suggested investors diversify their portfolio with global exposure as India accounts for less than 3 per cent of global market capitalisation.
ITC Hotels said that occupancy rose 481 bps to 76 per cent and ADRs grew 14 per cent, resulting in overall RevPAR growth of 21 per cent Y-o-Y in Q2 of FY2027.
MRPL also featured among the top three most active equities on the NSE by both volume and value. As per exchange data, nearly 80 million shares, worth ₹1,387.19 crore, changed hands.
For Q2FY27, Apollo Micro Systems reported record performance across all key metrics. Its consolidated profit grew by 54 per cent Y-o-Y to ₹46 crore, while revenue surged by 72 per cent to ₹388 crore.
Chennai Petroleum reported a PAT of ₹2,271 crore in Q2FY27, as against a PAT of ₹732 crore during the same quarter last year. This translates into a gain of 210 per cent on a Y-o-Y basis.
The latest decline has dragged the Nifty Metal index down around 6.3 per cent over the past four trading sessions, compared with a 3 per cent fall in the benchmark Nifty 50 index in the same period.
MOFSL has reiterated a Sell rating on Cyient Ltd, with SoTP-based target price of ₹1,020, implying an 11 per cent downside from the previous close of ₹1,144.
Today's selling in SRF was seen despite the company reporting a 31 per cent Y-o-Y increase in consolidated net profit to ₹509.12 crore for the quarter ended September.
Analysts attribute the strong performance of recent IPOs to investor preference for niche and differentiated businesses, backed by healthy growth expectations and high entry barriers in some segments.
Vishal Mega Mart Q2 results: The company has reported a consolidated net profit of ₹157.9 crore in Q2, up 3.7 per cent on a Y-o-Y basis. Its profit margin contracted to 4.6 per cent in the quarter.