)
Tanmay Tiwary specialises in covering equity markets, focusing primarily on sectors like automobile, FMCG, and new-age/internet companies. With almost five years of experience under his belt, Tiwary has previously worked with HT TechCircle (then NewsCorp TechCircle), CNBC TV, and Republic TV. He has also worked with Forbes and Sportskeeda. He holds post-graduate degrees from the University of Leicester and the Indian Institute of Journalism and News Media, Bengaluru.
Tanmay Tiwary specialises in covering equity markets, focusing primarily on sectors like automobile, FMCG, and new-age/internet companies. With almost five years of experience under his belt, Tiwary has previously worked with HT TechCircle (then NewsCorp TechCircle), CNBC TV, and Republic TV. He has also worked with Forbes and Sportskeeda. He holds post-graduate degrees from the University of Leicester and the Indian Institute of Journalism and News Media, Bengaluru.
The rally in Bandhan Bank's share price followed an upgrade from Hong Kong-based brokerage firm CLSA, which raised its rating to 'High Conviction Outperform' from the previous 'Outperform' rating
The northward move in KEI Industries share price came after foreign brokerage firm Morgan Stanley initiated coverage with 'Overweight' rating, with a target price of Rs 4,391
Nuvama has picked Jubilant, Trent, V-Mart, Titan, and Aditya Vision as its top bets going forward, highlighting their strong performances and promising outlook
The Nifty SmallCap index surged 2.70 per cent, or 410.7 points, to hit an intraday high of 15,579.15. Similarly, the Nifty MidCap index increased 1.72 per cent to an intraday high of 50,609.25
The decline in pharma stocks followed comments from President Donald Trump, who indicated that the US may impose tariffs of around 25 per cent on pharmaceutical, automobile, and semiconductor imports
A key factor influencing the change in target price is ABB India's disappointing order inflow, which missed expectations by 24 per cent, highlighting potential challenges in the near-term
Among the key themes identified in the report is the growing importance of rural markets. Nuvama expects companies with a stronger rural exposure to outpace urban-focused peers in the next 2 quarters
With industry focus shifting to volume growth in the closing quarter of the year, the likelihood of substantial price hikes in the near-term remains low due to the continued high competitive pressure
According to reports, UBS said that Max Healthcare is well-positioned for earnings growth, with solid foundations in place
While many consumer durables companies reported disappointing earnings, missing their profit estimates due to lower margins, the EMS players exceeded expectations with strong revenue and profit growth
On the bourses, Ashok Leyland share price jumped as much as 2.59 per cent to hit an intraday high of ₹225.30 apiece
Motilal Oswal sees decent visibility for loan and earnings growth, as well as continued progress on stressed asset resolutions
Domestic, as well as global brokerages are optimistic about Lupin's future, citing strong earnings visibility and a promising product pipeline
The downfall in Siemens' share price came after the company posted weak results for the first quarter ended December 31, 2024 (Q1FY25)
The Sensex surged 1.42 per cent (1,071.33 points) to 76,459.72, while the Nifty50 bounced 1.37 per cent (312.5 points) to 23,110.85, suggesting that some support is still present
On the bourses, Birlasoft share price plunged 6.39 per cent to hit a fresh 52-week low of Rs 472.40 per share on Wednesday, February 12, 2025
Eicher Motors posted weaker-than-expected Ebitda margin, which contracted 190 basis points (bps) to 24.2 per cent in Q3FY25, from 26.1 per cent a year ago
Varun Beverages recommended a final dividend of Rs 0.50 per share. The 'Record Date' is yet to be fixed by the Board of Directors of the Company
At 6:31 AM, GIFT Nifty Futures were trading 16 points higher at 23,476, signaling a flat to positive start for Indian bourses
The M&M share price has jumped 4.36 per cent in 2 days, including today's gain, on the back of strong Q3 results and outlook