Antique has maintained its Buy call with a target price of ₹1,861 for FY28, based on an embedded Ebitda multiple of 12x, representing a 20 per cent premium to NAV
While its 42x FY27E PE appears rich compared with the last five-year average of 43x, analysts believe the valuation is justified given its strong growth outlook, low margin volatility, and high ROE
The sell-off, however, was more pronounced in the broader markets, with the Nifty Midcap100 and Nifty Smallcap100 indices plunging 3.57 per cent and 3.64 per cent, respectively
After remaining firmly in negative territory through much of last year and into June 2025, the ERI improved gradually, though it has softened again in recent months
Omnitech Engineering shares kicked off their maiden trading at ₹202 apiece on the NSE, reflecting a discount of ₹25, or 11.01 per cent, from the issue price of ₹227 per share
The BSE benchmark fell around 659 points to hit a low of 81,589 against the previous close of 82,258.66. Likewise, the NSE Nifty index dropped 228 points to touch a low of 25,268
Here is the complete list of stocks that will remain in focus as they trade ex-date following announcements of corporate actions, including dividend payouts, bonus issues, and stock-splits
Among key developments, the brokerage highlighted the acquisition of Rashtriya Metals Industries Limited (RMIL), the Mundra project expansion, and the launch of lithium-ion recycling operations