Tanmay Tiwary
 "Tanmay Tiwary")
Tanmay Tiwary
Tanmay Tiwary specialises in covering equity markets, focusing primarily on sectors like automobile, FMCG, and new-age/internet companies. With nearly 5 years of experience in leading media organisations, his journey began with HT TechCircle (then NewsCorp TechCircle), followed by roles at CNBC, Republic. He has also worked with Forbes and Sportskeeda in the past. Academically, he holds two post-graduate degrees, one in broadcast journalism from the Indian Institute of Journalism and News Media, Bengaluru, and another in Mass Communications from the University of Leicester. He completed his undergraduate studies in journalism and mass communications from IP University in 2018.
Tanmay Tiwary specialises in covering equity markets, focusing primarily on sectors like automobile, FMCG, and new-age/internet companies. With nearly 5 years of experience in leading media organisations, his journey began with HT TechCircle (then NewsCorp TechCircle), followed by roles at CNBC, Republic. He has also worked with Forbes and Sportskeeda in the past. Academically, he holds two post-graduate degrees, one in broadcast journalism from the Indian Institute of Journalism and News Media, Bengaluru, and another in Mass Communications from the University of Leicester. He completed his undergraduate studies in journalism and mass communications from IP University in 2018.
Tanmay Tiwary
Nifty India Defence index down 2%; what's dragging defence stocks today?
Market experts attributed the weakness to a combination of valuation concerns, liquidity pressures and profit booking.
 "Nifty India Defence index down 2%; what's dragging defence stocks today?")
Diesel relief, LPG boost: Motilal Oswal pegs 31% upside for HPCL stock
Despite the near-term volatility, HPCL's valuations remain reasonable, the brokerage noted. The stock trades at 1.4x one-year forward price-to-book, slightly above its long-term average of 1.2x.
 "Diesel relief, LPG boost: Motilal Oswal pegs 31% upside for HPCL stock")
Gold loans, fee income to power Capri Global; JM Financial starts coverage
JM Financial said the non-bank lender's diversified retail-focused franchise, strong asset quality and expanding non-interest income engine position it well for sustained growth.
 "Gold loans, fee income to power Capri Global; JM Financial starts coverage")
Aequs IPO opens December 3; should you bid? Check GMP, price band here
Aequs IPO to open on December 3, 2025: Aequs plans to use the IPO proceeds for a mix of debt reduction and business expansion.
 "Aequs IPO opens December 3; should you bid? Check GMP, price band here")
Nifty50 to hit 29,300 by end-2026? Nomura lists top 20 stock picks
Nomura expects Indian markets to trade in the range of 20-22x one-year forward earnings, assuming risk premia remain low.
 "Nifty50 to hit 29,300 by end-2026? Nomura lists top 20 stock picks")
Nomura sees re-rating potential in Indian Banks; Axis, ICICI, SBI top picks
The brokerage argued that the profitability downcycle, marked by several quarters of net interest margin (NIM) compression and elevated credit costs, is now behind the sector.
 "Nomura sees re-rating potential in Indian Banks; Axis, ICICI, SBI top picks")
Nuvama says 'Buy' again on Coromandel Int'l; 3 drivers behind the call
Analysts at Nuvama expect Coromandel to clock ~15 per cent revenue compound annual growth rate (CAGR) over the next five years, with profitability improving as integration benefits materialise.
 "Nuvama says 'Buy' again on Coromandel Int'l; 3 drivers behind the call")
Motilal Oswal flags NTPC Coal-to-Gas boost, but cautions on execution
According to MOFSL, the proposed 5-10 mt/annum coal-to-SNG plant marks a strategic pivot that may improve PLFs, boost energy security, and potentially create new revenue streams.
 "Motilal Oswal flags NTPC Coal-to-Gas boost, but cautions on execution")
GAIL outlook brightens as tariff hike, volume revival boost FY27 prospects
PNGRB, in its 27 November order, raised GAIL's integrated pipeline tariff by roughly 12 per cent to ₹65.7 per mmbtu, effective 1 January 2026.
 "GAIL outlook brightens as tariff hike, volume revival boost FY27 prospects")
Indian consumer firms to see Q3 margin spur as input costs soften: Nomura
Nomura sees GCPL, Tata Consumer, Marico, and Britannia as the key near-term winners of the commodity downcycle.
 "Indian consumer firms to see Q3 margin spur as input costs soften: Nomura")
Jefferies backs Lenskart with 'Buy' despite muted market debut; here's why
The brokerage said Lenskart's vertically integrated omnichannel model; spanning design, manufacturing and retail; drives cost efficiency, faster delivery and a superior customer experience.
 "Jefferies backs Lenskart with 'Buy' despite muted market debut; here's why")
India IT sector nearing FY27 revival; AI ramp-up to be key, says Nomura
Valuations across the sector remain attractive, but Nomura stays selective. It has rolled forward its valuation framework to H1FY28 while maintaining target multiples.
 "India IT sector nearing FY27 revival; AI ramp-up to be key, says Nomura")
4 reasons why ICICI Sec initiates coverage on Travel Food Services with Buy
The brokerage believes that TFS' ability to secure and renew airport concessions, combined with rising per-passenger spending, will support consistent growth across its QSR and lounge businesses.
 "4 reasons why ICICI Sec initiates coverage on Travel Food Services with Buy")
Motilal Oswal ups Piramal Finance target, retains 'Buy' on retail-led surge
The brokerage believes Piramal is entering a phase where scale benefits, lower operating costs and a sharper credit framework will drive meaningful expansion in return ratios.
 "Motilal Oswal ups Piramal Finance target, retains 'Buy' on retail-led surge")
New Tata Sierra seen powering PV push, but brokerages split on stock
While Nomura maintained its 'Neutral' stance on the stock, Emkay reiterated its 'Add' rating, underscoring the model's strategic importance in the fast-growing midsize SUV segment.
 "New Tata Sierra seen powering PV push, but brokerages split on stock")
Nuvama starts coverage on Premier Energies with 'Buy', sees J-curve growth
The brokerage argues that Premier Energies is strategically positioning itself to capture exponential growth in the New Energy ecosystem, even as its core solar business remains on solid footing.
 "Nuvama starts coverage on Premier Energies with 'Buy', sees J-curve growth")
Value fashion outperforms as analysts highlight V-Mart as top retail pick
Brokerages have identified V-Mart Retail as a preferred pick on the back of superior same-store momentum, strengthened unit economics, and accelerating store expansion.
 "Value fashion outperforms as analysts highlight V-Mart as top retail pick")
Tata Capital primed for strong growth, bank-like returns, says IIFL Capital
IIFL Capital expects TCL's ~15 per cent valuation discount to CIFC to narrow as the company delivers sector-leading earnings momentum.
 "Tata Capital primed for strong growth, bank-like returns, says IIFL Capital")
Neuland, Lupin, Divi's lead domestic, CDMO surge amid US generics headwinds
Analysts noted that while US generics face margin headwinds, domestic formulations and CDMOs remain resilient. Biosimilars are also poised for growth through new launches and regulatory support.
 "Neuland, Lupin, Divi's lead domestic, CDMO surge amid US generics headwinds")
Antique bets on Adani Ports' scale, margins; initiates coverage with 'Buy'
Despite its aggressive expansion pipeline, analysts point out that APSEZ has strengthened its balance sheet meaningfully.
 "Antique bets on Adani Ports' scale, margins; initiates coverage with 'Buy'")
