Page 3 - Abhinav Ranjan

Buzzing stock: Why is Bandhan Bank share price up 8% in trade today?

Kranthi Bathini said that the news about marquee investors investing in Bandhan Bank could generate interest among investors, given the bank's current valuation.

ICICI Prudential AMC gains 2% after steady Q2 nos, positive analyst views

Post Q2, brokerages have shared a constructive view on ICICI Prudential AMC, with Jefferies saying the quarter was a beat led by higher revenue yield. It has kept Buy rating & raised target to ₹3,760.

Swaraj Engines shares zoom 15% as Q2 net profit rises 22%, revenue up 26%

Swaraj Engines is primarily in the business of supplying engines to the Swaraj Division of Mahindra & Mahindra (M&M).

Suzlon jumps 5% on ₹550 cr investment plan; MOFSL says valuation attractive

Suzlon Energy share price target: MOFSL has maintained its 'Buy' rating on Suzlon Energy stock with a target price of ₹65. The target implies an upside of more than 70% from the previous close of ₹38.

Poonawalla Fincorp shares surge 8% as Q2 profit jumps nearly 5-fold

Poonawalla Fincorp has reported a five-fold surge in consolidated profit to ₹375 crore during the September quarter on account of increase in interest income.

Market share gains make Jefferies bullish on Kalyan; stock up 46% in 3 mths

Jefferies noted that Kalyan Jewellers is among India's largest organised jewellery retailers, with over 500 showrooms globally and 7 per cent share of the organised jewellery market.

Hexaware Technologies share price zooms 12% on Anthropic tie-up

Hexaware Technologies has signed a multi-year partnership with Anthropic. Under the partnership, Hexaware becomes a Preferred Partner in Anthropic's Claude Partner Network.

Oil on a boil: OMCs, IndiGo & other crude-sensitive stocks sink up to 5%

Oil prices climbed sharply on Thursday due to rising attacks on vessels in the West Asia and hurricane-related production shutdowns in the US, reviving fears of severe supply disruptions.

Fino Payments Bank share price rallies 17% after Q2 business update

Fino Payments Bank said that the loan referral disbursals rose by 223 per cent to ₹278 crore in the September quarter.

ITC sees 2.9% of equity change hands in single large trade; stock slumps 3%

According to Bloomberg data, 366.7 million shares, representing 2.93 per cent of the company's equity, changed hands in a single large trade.

Vishal Nirmiti shares make weak debut, list at 2% discount to IPO price

Vishal Nirmiti shares listed at ₹215 on both the BSE and NSE, at a discount of ₹5, or 2.27 per cent, to the IPO issue price of ₹220.

Senco Gold jumps 8% on Q2 biz update; achieves highest-ever topline in H1

Senco Gold said that Q2 revenue growth accelerated to 29 per cent Y-o-Y at retail level, supported by 19 per cent growth from existing stores (SSSG growth).

Banks vs NBFCs: Where to invest after RBI rate hike? Analysts answer

Jefferies has named ICICI Bank, State Bank of India (SBI) and Axis Bank as its top picks among large-cap banks post RBI MPC outcome.

Rate hike not to significantly impact earnings or growth: Ambareesh Baliga

Ambareesh Baliga said he does not see a rate-easing cycle even if the West Asia situation is resolved. However, if the situation remains unresolved, he expects further rate hikes by the central bank.

Chennai Petroleum, MRPL shares defy market weakness, gain up to 6%

Analysts said that upstream players and standalone refiners will outperform in the second quarter on firm crude realisations and strong transport fuel cracks.

Airfare strength to offset fuel cost in Q2; IndiGo PAT may rise 176%: Elara

Elara has retained its positive stance on IndiGo in the medium to long term, saying India's aviation demand cycle remains intact and competitive supply remains constrained.

Tilaknagar Inds: HDFC Sec keeps 'buy', bets on Imperial Blue's growth story

According to HDFC Securities, ground checks indicate that Tilaknagar Industries is effectively addressing state-specific requirements to strengthen the Imperial Blue franchise.

Vedanta to announce 1st dividend after demerger this week; stock up 4%

Vedanta will announce its first interim dividend after the demerger on October 8. Vedanta has set Octobr 14 as the diidend record date.

Q1 results impact: Rentomojo shares jump 6% on first earnings post-listing

Rentomojo shares made a strong debut on the bourses last month. Its shares were listed at ₹482 on the NSE, up 19.42 per cent from the issue price of ₹404.

TCS Q2 preview, dividend: Analysts see modest growth; PAT may rise by 13%

TCS Q2 results date, dividend announcement: TCS will declare its Q2 results on Oct 8. Besides, TCS could also recommend an interim dividend. TCS has set Oct 14 as the dividend record date