Looking ahead, the reduction of the United States (US) import tariffs from 25 per cent to 18 per cent is a significant structural tailwind for the company, the management said.
Commerce Minister Piyush Goyal has indicated India may secure zero-duty textile access to the US, matching a tax relief granted to Bangladesh that has put Indian exporters under pressure.
To cater the increasing demand, the Eicher's board has approved a proposal for capacity expansion at Royal Enfield, taking annual production capacity upto 2 mn units from the existing 1.46 mn units.
At 11:15 AM on Friday; the Nifty India Defence was the sole sectoral index trading in green and up 0.08 per cent, as compared to 1 per cent decline in the Nifty 50.
The Nasdaq IT services basket has corrected meaningfully, dragging Indian IT ADRs lower and triggering a risk-off sentiment that has spilled into domestic markets, said ICICI Securities.
TCS, Wipro, Infosys, Coforge, Tech Mahindra, Persistent Systems, HCL Technologies, LTIMindtree and Mphasis were down in the range of 4 per cent to 5 per cent in intra-day trade on Thursday.
At 11:55 AM on Wednesday; SBI's market cap stood at ₹10.78 trillion, as compared to TCS's market cap of ₹10.68 trillion on the BSE, the exchange data shows.
The stock price of Tata Motors hit a new high of ₹492 in intra-day on Wednesday, and has zoomed 50 per cent from its listing day price of ₹327.65 per share on November 12, 2025.
Aurobindo Pharma stock outlook: Eugia III resolution (in the backdrop of fresh observations) and the launch momentum across geographies would be key determinants, say analysts.
Despite today's decline, in the past one month, these stocks have outperformed the market, surging up to 33 per cent, as against 0.56 per cent rise in the benchmark Sensex.
However, in the past six months, Swiggy (down 13 per cent) and Eternal (down 1 per cent) have underperformed the Sensex (up 5 per cent), amid concerns regarding increased competition
With US-India trade deal on the horizon coupled with healthy diversification efforts at the company (ADS), Sansera Engineering remains one of top pick in the auto ancillary space for ICICI Securities.