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The Smart Investor News

Titan eyes 2x growth by FY30; analysts back expansion plans, mkt share gain

Titan share price rises 5 per cent in two days as FY30 roadmap boosts analysts' confidence. Brokerages see market share gains, CaratLane growth, and international expansion driving revenue growth

Titan eyes 2x growth by FY30; analysts back expansion plans, mkt share gain
Updated On : 05 Jun 2026 | 10:13 PM IST

Sai Life, Laurus Labs hit new highs; stocks rally up to 40% in 6 months

Sai's management reiterated long-term guidance of 15-20 per cent revenue CAGR with 28-30 per cent steady state EBITDA margin over the next two to three years.

Sai Life, Laurus Labs hit new highs; stocks rally up to 40% in 6 months
Updated On : 05 Jun 2026 | 3:07 PM IST

Defence stocks in demand: Paras, Data Patterns, Ideaforge surge up to 12%

At 11:29 AM on Friday, the BSE India Defence index was the top gainer among thematic indices up 1 per cent as compared to 0.11 per cent rise in the BSE Sensex.

Defence stocks in demand: Paras, Data Patterns, Ideaforge surge up to 12%
Updated On : 05 Jun 2026 | 12:10 PM IST

Voda Idea may soon enter top-50 most valued club; stock up 87% from Apr low

In the past month, Vodafone Idea's stock price has outperformed the market by soaring 41 per cent, compared to a 3.2 per cent decline in the BSE Sensex.

Voda Idea may soon enter top-50 most valued club; stock up 87% from Apr low
Updated On : 05 Jun 2026 | 11:56 AM IST

Groww gains 4% after Goldman Sachs buys 1.13 crore shares for ₹210 crore

The buying on the counter came after on Thursday, Goldman Sachs bought more than 1.13 crore shares of Groww, from venture capital firm Friale for ₹210 crore

Groww gains 4% after Goldman Sachs buys 1.13 crore shares for ₹210 crore
Updated On : 05 Jun 2026 | 11:45 AM IST

Go Digit shares climb 10% as institutional investors pick up stake

According to NSE, Aditya Birla Sunlife Mutual Fund has purchased 2.1 million shares of Digit General Insurance, while JPMorgan (Taiwan) Eastern Technology Fund also acquired 1.1 million shares.

Go Digit shares climb 10% as institutional investors pick up stake
Updated On : 05 Jun 2026 | 11:40 AM IST

Wipro shares tank 7% amid heavy volumes on buyback record date

According to data compiled by Bloomberg, 1.74 million shares were traded in multiple blocks on buyback record date

Wipro shares tank 7% amid heavy volumes on buyback record date
Updated On : 05 Jun 2026 | 10:38 AM IST

Juniper Hotels gains 7% on acquisition update; what should investors do?

The northward movement in the company's share price came after it informed the exchanges that it had executed a share purchase agreement (SPA) with Juniper Hospitality Assets Private Limited (JHAPL)

Juniper Hotels gains 7% on acquisition update; what should investors do?
Updated On : 05 Jun 2026 | 10:00 AM IST

Rajesh Exports shockwave hits LIC stock post Sebi crackdown; analyst weighs

LIC stake in Rajesh Exports: LIC shares traded under pressure today following developments related to Rajesh Exports, in which the insurer holds a 10.8 per cent stake.

Rajesh Exports shockwave hits LIC stock post Sebi crackdown; analyst weighs
Updated On : 04 Jun 2026 | 2:21 PM IST

Meesho slips 4%; Choice flags lock-in expiry as near-term overhang

Choice Institutional Equities has maintained an 'Add' on Meesho with a target price of ₹210, based on 4x FY28 EV/Revenue, flagging the impending lock-in expiry on June 9, 2026, as a near-term overhang

Meesho slips 4%; Choice flags lock-in expiry as near-term overhang
Updated On : 04 Jun 2026 | 1:34 PM IST

PhysicsWallah surges 18% as company drops ₹120 crore NBFC plan

The buying on the counter came after the company reversed its earlier decision to build an in-house lending business through its subsidiary FinZ Finance Private Limited

PhysicsWallah surges 18% as company drops ₹120 crore NBFC plan
Updated On : 04 Jun 2026 | 12:31 PM IST

Jain Irrigation zooms 13% on commissioning biochar reactor in Jalgaon

Jain Irrigation Systems Limited (JISL) has commissioned an approximately 20,000 tonne per annum industrial-scale biochar facility in Jalgaon, Maharashtra

Jain Irrigation zooms 13% on commissioning biochar reactor in Jalgaon
Updated On : 04 Jun 2026 | 11:56 AM IST

R R Kabel up 47% YTD, 21% in a month; Motilal stays Neutral at ₹2,020

Motilal Oswal Financial Services has maintained a 'Neutral' rating on R R Kabel with a target price of ₹2,020 per share

R R Kabel up 47% YTD, 21% in a month; Motilal stays Neutral at ₹2,020
Updated On : 04 Jun 2026 | 11:07 AM IST

Suzlon advances 2% as JM Financial backs FY31 growth plans, sees 17% upside

The brokerage said Suzlon is recalibrating its strategy from product sales to project sales and, eventually, to becoming a solutions provider

Suzlon advances 2% as JM Financial backs FY31 growth plans, sees 17% upside
Updated On : 04 Jun 2026 | 11:03 AM IST

Ideaforge zooms 144% since April, hits 2-year high; what's driving stock?

Ideaforge's revenue is likely to grow at a steady rate over the medium term, in line with geographical diversification, healthy demand, strong order book, and product addition, believes Crisil Ratings

Ideaforge zooms 144% since April, hits 2-year high; what's driving stock?
Updated On : 04 Jun 2026 | 10:59 AM IST

Tenneco Clean Air up 4%; JM Fin sees 19% upside, bets on strong order book

JM Financial has reiterated its 'Buy' rating on Tenneco Clean Air India, saying a strong order book gives earnings visibility. The brokerage maintained its target price of ₹680 per share.

Tenneco Clean Air up 4%; JM Fin sees 19% upside, bets on strong order book
Updated On : 04 Jun 2026 | 10:31 AM IST

BlueStone gains 6% as JM Financial reiterates 'Buy', sees over 20% upside

At the current market price, JM Financial sees an upside potential of over 20 per cent and has maintained a target price of ₹650 per share

BlueStone gains 6% as JM Financial reiterates 'Buy', sees over 20% upside
Updated On : 04 Jun 2026 | 10:22 AM IST

Ashok Leyland skids 5%, hits 6-month low; why CV stock under pressure?

In the past four trading days, the stock price of Ashok Leyland slipped 13% after the company reported muted sales volumes with a decline of 4% YoY at 14,923 units in the month of May 2026.

Ashok Leyland skids 5%, hits 6-month low; why CV stock under pressure?
Updated On : 03 Jun 2026 | 1:29 PM IST

MOFSL on Shriram Finance: MUFG deal to aid growth; keeps Buy for 28% upside

Following the deal with MUFG, Motilal Oswal said that Shriram Finance is well-positioned to capitalise on emerging growth opportunities, supported by strong execution and deep customer relationships.

MOFSL on Shriram Finance: MUFG deal to aid growth; keeps Buy for 28% upside
Updated On : 03 Jun 2026 | 12:37 PM IST

Nifty IT snaps 3-day rally, tumbles 6%; TCS, LTM tank up to 9%; here's why

IT stocks witnessed heavy selling pressure on Wednesday tracking overnight losses in technology shares in the US market. Indian ADRs cracked up to 8%.

Nifty IT snaps 3-day rally, tumbles 6%; TCS, LTM tank up to 9%; here's why
Updated On : 03 Jun 2026 | 12:27 PM IST