TMCV remains the market leader in MHCVs, with retail market shares of ~49 per cent in heavy CVs, ~37 per cent in passenger buses, and ~30 per cent in light goods vehicles (FY25).
The brokerage expects robust margin improvement, strong cash generation and healthy growth in the company's managed hotels pipeline to drive earnings over the medium term.
BofA expects Meesho to deliver a 26% Net Merchandise Value (NMV) CAGR over FY26-29, driven by 15% CAGR in new user additions and a 13% CAGR increase in order frequency.
The Bengaluru-based design and engineering solutions firm posted revenue of $107 million in Q3, up 3.2% Q-o-Q in constant currency (CC) terms, ahead of estimates of 1.8 per cent Q-o-Q.
Around 10:30 AM, RailTel share price was trading 1.22 per cent at ₹336.10 per share. In comparison, BSE Sensex was trading 0.23 per cent lower at 83,435.40 levels.
Most analysts highlighted that the insurer's ability to sustain margins despite the loss of GST input tax credit was the key takeaway from the Q3FY26 results.
TCS Q3 results impact: The common thread across analysts is that while Q3 execution remains strong and margins resilient, clear visibility on broad-based demand acceleration is still missing.
The stock rose to an intraday high of ₹228.40 per share. Around 11:00 AM, ixigo shares were trading 6.87 per cent higher at ₹227.85 apiece. By comparison, the BSE Sensex was down 0.08 per cent at 83,8
The northward movement in the power generation company came following the news that the KP Group has entered into a Memorandum of Understanding (MoU) with the Government of Gujarat
The brokerage said INR depreciation of about 6% Y-o-Y in Q3 has weighed on margins of OMCs and CGD players, partly offsetting the benefit of softer crude oil prices.
The benchmark BSE Sensex declined as much as 715 points, or 0.85 per cent, to hit an intraday low of 82,861, while the NSE Nifty50 shed 210 points, or 0.81 per cent, to touch 25,683 on Monday
The northward movement in the state-owned NBFC share price came after the company announced that its board has considered and approved the public issue of NCDs of worth ₹500 crore
Sensex Today | Stock Market Highlights on January 9, 2025: In the broader markets, the Nifty Midcap 100 and the Nifty Smallcap 100 ended 0.79 per cent and 1.81 per cent lower, respectively
Analysts expect margin to improve, supported by favourable seasonality in the products business, AI-led productivity gains and the benefit of a weaker rupee
Analysts said key factors to watch will include TCS's measures underway to accelerate revenue growth, deal pipeline, and overview of client budgets and progress on planned data centre investments
