Investing in the NBFC business is non-core to the telecom business, hence, analysts may consider it a slight negative from a capital allocation perspective.
ICRA expects Sai Life Sciences to maintain strong growth momentum over the medium term on the back of a healthy growth outlook for the industry, good product mix and deepening customer engagement.
ICICI Securities cited a "trifecta" of structural drivers-rising electricity demand, transmission expansion, and renewables-that is boosting demand for conductors, cables, and transform
According to data compiled by Bloomberg, about 669.6 million shares changed hands. The buyers and sellers of the transactions were not known immediately.
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
Bandhan Bank shares extended the gains to the fifth straight session to hit a seven-month high today, rising 4% to ₹190.20. The five-day winning streak has resulted in a cumulative gain of 10%
IRFC OFS: IRFC has confirmed that the government will not exercise the oversubscription or greenshoe. The decision was likely influenced by the lukewarm response from institutional investors
Today's buying in Tejas Networks was buoyed by an announcement in which the Tata Group company signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios
Antique Stock Broking assigned a 'Buy' rating on Canara HSBC Life and a target price of ₹190 per share, an upside of 26.7 per cent from Wednesday's close
The BSE PSU index hit a fresh 52-week high of 22,583.56 in Wednesday's intra-day trade, inching towards its all-time high level of 23,018.87 on August 1, 2024
The US set a 126 per cent preliminary duty on solar imports from India, while the Trump administration set initial duties from 86 per cent to 143 per cent for Indonesia and 81 per cent for Laos
