Post Q1 business update, MOFSL has maintained a 'Neutral' view on Jubilant FoodWorks for a target price of ₹475, implying an upside of 8 per cent from the previous close of ₹438.25.
Shares of Teja Engineering, Kratikal Tech, Atharva Poly-Plast, and Sampark India -listed at a premium to their respective issue prices, while Seemax Resources, and Vinit Mobile debuted at a discount
RITES announced that it has secured a major international contract from South Africa-based Volantis Asset Finance (Pty) Ltd valued at over USD 35.8 million (~₹3,400 crore).
Info Edge reported an over 14% growth in Q1 standalone billings, led by strong growth in the recruitment solutions division.
Titan registered a strong all-round performance in Q1FY27 with domestic business growing by 37% driven by 39% growth in the jewellery business, while international business grew by 128%.
Trent reported standalone revenue of ₹5,666 crore for Q1FY27, up around 19 per cent year-on-year from ₹4,781 crore. The growth, however, fell short of Street expectations of 22-23 per cent
Cochin Shipyard OFS: The government has announced to sell up to 5 per cent stake in Cochin Shipyard at a floor price of ₹1,400 per share through an offer for sale beginning Tuesday.
Stocks to watch today: Power Grid, Sterlite Technologies, ZEN Technologies, TVS Motor Company, Varun Beverages, Torrent Pharma, Cochin Shipyard, Titan, Trent, among others, will be in focus today
Brent crude futures gained 28 cents, or 0.39%, to $72.29, and US WTI crude rose to $68.84 a barrel, up 29 cents, or 0.26% as of 0046 GMT, after settling down to around pre-Iran war levels on Monday
The July 7 listings will surpass the previous highest single-day tally recorded on June 24, when 4 SME companies made their market debut after collectively raising ₹252.55 crore
Technical stock picks: Anand James, Chief Market Strategist at Geojit Investments recommends 'Buy' on Siemens Energy India, EID Parry and Cholamandalam Investment on Tuesday.
Volumes on BSE during the first two trading days of July fell by 7-10 per cent compared with the same days in the previous week, in line with analysts' expectations
Shrikant Chouhan, Head of Equity Research at Kotak Securities explains why the brokerage has an 'ADD' rating on Sobha and a 'BUY' rating on Equitas Small Finance Bank.
The rupee slipped to a three-week low as dollar buying by oil firms and NDF demand offset support from lower crude oil prices
Foreign institutional investors invested Rs 14,109 crore in Indian equities in the second half of June, with financial services leading inflows as selling pressure moderated in FMCG and IT
Even after matching CEA targets with current capacity and factoring in demand from data centres, automobiles and railways, demand will still far exceed supply
As a base-case scenario, they have maintained June 2027 Sensex target at 89,000 levels, up nearly 14 per cent from the current levels. Morgan Stanley attached 50 per cent probability to this forecast.
Indian equity benchmarks rose to their highest closing levels in about 10 weeks, supported by HDFC Bank, easing crude oil prices and continued foreign portfolio investor inflows
Broad-based demand and an overseas rebound lift Q1
Stock scam scandals led India to develop strict requirements for its cash equities market, with rules tightened in the early 2000s and then again in the period 2017 to 2020