The Smart Investor News

Larsen & Toubro gains 2%, rallies 11% in two weeks; what's driving stock?

Looking ahead, L&T's management expects sustained demand across infrastructure, hydrocarbon, renewables, power T&D, power capabilities and water treatment in both domestic and international.

Sterlite Tech hits 5% upper circuit on QIP launch; zooms 495% in 6 months

Sterlite Technologies plans to raise up to ₹1,500 crore through the QIP route. Recently, Bandhan Mutual Fund sold 1.82 million equity shares of STL in open market trade.

IndiGo up 24% in June; on course to log biggest monthly gain in over 7 yrs

On Thursday, IndiGo stock rallied nearly 5% as crude oil prices dipped below US-Iran war levels. The airline stock logged its biggest monthly rally in March 2019.

Adani Enterprises regains ₹4 trillion market cap; zooms 65% in 3 months

Share price of Adani Enterprises hit a 52-week high of ₹3,103.50, has bounced back 77 per cent from its 52-week low of ₹1,753.45 touched on March 30, 2026.

Gold, silver ETFs fall up to 4% as stronger dollar, rate-hike fears weigh

Analysts said silver ETFs have corrected more sharply than gold ETFs as silver functions both as a precious metal and an industrial commodity

Vedanta, NALCO, Hind Zinc: Metals stocks dip up to 3%; here's why

A sell-off in precious metals, especially Silver, owing to strength in the US dollar and hawkish US Federal Reserve stance, triggered selling pressure in metal stocks on Thursday, say analysts.

Nifty Auto index rallies 2%; Tata Motors PV, M&M, Eicher surge up to 3%

Key trigger: Brent Crude prices have declined to $73/barrel, to almost its lowest since start of the US Iran war on February 28, 2026.

Morgan Stanley sees 20% upside in Adani Ent; rates 'Overweight'; here's why

Morgan Stanley initiated coverage on Adani Enterprises with an 'Overweight' rating. It has assigned a target price of ₹3,638 on the stock.

InterGlobe Aviation rallies 15% in 1 month, hits 5-month high; here's why

IndiGo's FY26 results underlined that demand remains strong, despite a host of challenges spanning internal/external disruptions and cost escalations throughout the year, analysts say.

ICICI Bank soars 3%, nears record high; brokerages upbeat on stock

In the past one month, ICICI Bank outperformed the market by surging 9 per cent, as compared to 1 per cent rise in the Nifty 50.

JSW Infra soars 5%, nears 52-week high; outperforms market; here's why

JSW Infra outperformed the market by surging 11% in the past week and rallying 20% in the past month.

JM Financial retains Buy on Tata Motors, sees 14% upside; stock up 4%

While management has guided for high single-digit industry growth in FY27, JM Financial continues to factor in volume growth of 5.5 per cent and 7.9 per cent for FY27E and FY28E, respectively

IRFC OFS opens: Navratna PSU stock cracks 5%; should you bid or avoid?

IRFC share price today: Rajesh Palviya of Axis Securities said investor sentiment around IRFC has been subdued for a long time, and today's decline was primarily driven by the OFS announcement.

Bajaj Auto slips nearly 3%, trades ex-date for share buyback; time to buy?

Bajaj Auto's largest share buyback worth ₹5,633 crore at ₹12,000 per share will open on July 1; shareholders who hold shares as of today (June 24) will be eligible to participate in the buyback.

Arvind zooms 66% in 2026; Motilal Oswal initiates coverage with 'Buy' call

Motilal Oswal has initiated coverage on Arvind with a 'Buy' rating; it believes that company is on the verge of a strategic transformation from a fabric-focused player to a garments-led business.

Nifty IT index slips 2%; TCS, Infosys, HCL Tech, LTM, Wipro down up to 3%

In the past three weeks, the Nifty IT index tanked 13 per cent, as against 2 per cent rise in the Nifty 50.

Syrma SGS zooms 100% from March low; should you buy, hold or sell?

Syrma has entered into a JV with Japan-based Kaga Electronics to establish a technologically advanced EMS manufacturing facility in India focused on serving Japanese customers.

Info Edge gains 4% as investors cheer letter to shareholders; buy or wait?

Info Edge said it has invested about ₹4,900 crore across 135 startups since 2020, with an overall portfolio valuation of about ₹41,300 crore, implying an 8.4x multiple and 33 per cent gross IRR

Nifty Pharma extends rally, up 2%; Piramal Pharma, Laurus gain up to 10%

Analysts said that a combination of defensive buying, strong earnings visibility, export tailwinds, and sector rotation is driving the rally in pharma stocks.

Apar soars 4%, hits new high; stock zooms 146% from Jan low; here's why

In the past one month, the stock price of Apar Industries soared 34 per cent, as compared to 1 per cent rise in the BSE Sensex.