Page 134 - Markets News

Shakti Pumps share price rises over 5% on ₹170-crore order win from MPUVN

Shakti Pumps (India) share price rose 5.27 per cent to the day's high of ₹736.70 apiece

LG Electronics, Whirlpool of India, Crompton Greaves hit 52-week lows

Analysts believe that demand for seasonal products within consumer discretionary is expected to be normalized in Q4 with inventory expected to normalize by January 2026.

Vishal Nirmiti files DRHP for IPO, aims to raise ₹125-cr via fresh issue

Vishal Nirmiti comprises a fresh issue of equity shares of face value ₹10 each aggregating up to ₹125 crore and an OFS of up to 1.5 million equity shares

HDFC Sec turns bullish on Dr Lal PathLabs; upgrades to 'Buy'; raises target

Dr Lal PathLabs is focusing on innovation, including new wellness packages and high-end, super-speciality tests, with a focus on capturing prescription shares

Mirae Asset Sharekhan bullish on Lemon Tree on strong pipeline, RevPAR

Lemon Tree Hotels management has guided for mid-teens revenue growth driven by a busy wedding season, surge in MICE activities, higher share from Aurika, Mumbai and contribution from new hotels

Oil & Gas index surges nearly 3%; HPCL, Oil India, BPCL, IOC rally up to 6%

OMC's are well positioned to benefit from fall in crude prices, improvement in refining margins, fuel consumption growth and petchem demand growth in India.

Rites surges over 7% post $3.6-million Zimbabwe order win

Rites share price surged on Wednesday as it expanded its African order book significantly with the latest Zimbabwe deal.

KPI Green Energy shares gain 8% after Quyosh Energia buys stake

On Tuesday, according to National Stock Exchange (NSE) bulk deal data, Quyosh Energia purchased 11,28,596 shares at ₹454.61 per share through a bulk deal

Earnings, policy aid to lift Indian equities after 2025 underperformance

The Nifty ‍50 and Sensex advanced about 10 per cent and 8.5 per cent, ​respectively, in 2025, marking their tenth straight year of annual gains

Hindustan Zinc shares drop as silver rally loses steam; check details

On Wednesday, Silver prices tumbled with MCX Silver futures (March 2026 expiry) hitting a low of ₹2,32,228 per kilogram

Motilal Oswal bullish on VA Tech Wabag; strong order book supports growth

On the bourses, VA Tech Wabag share price rose as much as 6.17 per cent to an intraday high of ₹1,349, before trading 2.81 per cent higher at ₹1,306.20 around 12:50 PM.

PSU Bank index soars 31% in 2025; outperforms Nifty for 5th straight year

At 11:39 AM on Wednesday; the Nifty PSU Bank index was the top gainer among sectoral indices, up 1.8 per cent at 8,581.65, as compared to 0.5 per cent rise in the Nifty 50.

Axis Securities says 'Buy' Jindal Steel; 3 reasons behind bullish call

Axis Securities bets on Jindal's position at the brink of capacity expansion, its growing product portfolio, and attractive valuation

Apollo Micro Systems shares hovers near 5% upper circuit; here's why

The buying on the counter came after its subsidiary IDL Explosives was granted a running contract (RC) to supply of bulk explosives to the subsidiaries of Coal India

Bharat Forge hits 52-week high on inking contract with Ministry of Defence

The buying on the counter came after the company inked the largest small arms contract with the Ministry of Defence

Motilal Oswal sees KFin Tech as dominant, cash-generative; check outlook

KFintech is expected to deliver a compound annual growth rate of around 16 per cent in revenue, Ebitda, and profit after tax over FY25 to FY28, Motilal Oswal said

Maruti, M&M, TVS Motor drive strong auto finish in 2025: Motilal Oswal

In passenger vehicles, the brokerage expects the segment to post 19 per cent year-on-year (Y-o-Y) growth in dispatches in December, broadly in line with retail trends.

Brokerages raise target on Shriram Finance post analyst call; details here

Management emphasised that MUFG is being onboarded as a long-term strategic partner, bringing not only significant capital support but also meaningful value addition through funding diversification

Zydus Wellness zooms 10% in trade; Motilal Oswal initiates 'Buy'; check TP

Motilal Oswal Financial Services has initiated coverage on Zydus Wellness with 'Buy' for a target of ₹575, which implies an upside of 25.8 per cent from current levels

Jindal Stainless, Jindal Steel, SAIL, Tata Steel rally up to 4%; here's why

Jindal Steel plans to double its structural steel manufacturing capacity to 2.4 MTPA by mid-2028, aimed at addressing the growing demand for heavy and ultra-heavy structural steel sections.