Page 14 - The Smart Investor News
IRFC OFS: Should you apply post muted institutional response? Experts weigh
IRFC OFS: IRFC has confirmed that the government will not exercise the oversubscription or greenshoe. The decision was likely influenced by the lukewarm response from institutional investors
 "IRFC OFS: Should you apply post muted institutional response? Experts weigh")
Tejas Networks shares rally 8% on 5G deal; analyst stays bullish
Today's buying in Tejas Networks was buoyed by an announcement in which the Tata Group company signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios
 "Tejas Networks shares rally 8% on 5G deal; analyst stays bullish")
Bank of Baroda share price rallies 6% in 1 week, hits record high
The bank has seen improvement in asset quality parameters with lower incremental slippages, leading to lower credit costs
 "Bank of Baroda share price rallies 6% in 1 week, hits record high")
Canara HSBC gets new 'Buy' from Antique; sees favourable risk-reward
Antique Stock Broking assigned a 'Buy' rating on Canara HSBC Life and a target price of ₹190 per share, an upside of 26.7 per cent from Wednesday's close
 "Canara HSBC gets new 'Buy' from Antique; sees favourable risk-reward")
PSBs, power stocks lift BSE PSU index by 11% in 1 month, near record high
The BSE PSU index hit a fresh 52-week high of 22,583.56 in Wednesday's intra-day trade, inching towards its all-time high level of 23,018.87 on August 1, 2024
 "PSBs, power stocks lift BSE PSU index by 11% in 1 month, near record high")
TCS, HCLTech, Infosys: IT stocks gain up to 4% in trade; Nifty IT rises 3%
Individually, HCLTech shares were up 3.57 per cent; Infosys, Tech Mahindra, TCS, and Wipro were trading over 2 per cent higher
 "TCS, HCLTech, Infosys: IT stocks gain up to 4% in trade; Nifty IT rises 3%")
Waaree to Premier Energies: Solar stocks slump up to 14% on US tariffs
The US set a 126 per cent preliminary duty on solar imports from India, while the Trump administration set initial duties from 86 per cent to 143 per cent for Indonesia and 81 per cent for Laos
 "Waaree to Premier Energies: Solar stocks slump up to 14% on US tariffs")
NTPC rallies 15% in one month, stock hits 52-week high; here's why
NTPC is a strategically important vehicle for furthering Government of India's objectives in the power sector.
 "NTPC rallies 15% in one month, stock hits 52-week high; here's why")
Polycab rallies 21% in 1 month; stock hits record high in weak market
Polycab India management expects the strong W&C momentum to sustain in Q4, traditionally the strongest quarter.
 "Polycab rallies 21% in 1 month; stock hits record high in weak market")
Gokaldas, Arvind, Trident dip up to 6%; why textile stocks under pressure?
The government has halved benefits under the RoDTEP scheme for exporters in textiles, and gems & jewellery, restricting incentives to 50% of notified rates and value caps with immediate effect.
 "Gokaldas, Arvind, Trident dip up to 6%; why textile stocks under pressure?")
Bharti Airtel dips 4%, sees sharpest intra-day fall in 3 months; here's why
Bharti Airtel to infuse ₹20,000 crore in Airtel Money to push digital lending.
 "Bharti Airtel dips 4%, sees sharpest intra-day fall in 3 months; here's why")
IDFC First Bank target, earnings estimates slashed after ₹590 cr fraud
Emkay Global has cut its FY26, FY27 and FY28 earnings estimates by 30 per cent, 13 per cent and 9 per cent, respectively
 "IDFC First Bank target, earnings estimates slashed after ₹590 cr fraud")
Northern Arc Capital shares rise 3% in trade; Motilal Oswal initiates 'Buy'
The brokerage is upbeat on Northern Arc's structural transition toward direct-to-customer (D2C) lending and rising fee income contribution
 "Northern Arc Capital shares rise 3% in trade; Motilal Oswal initiates 'Buy'")
Summer demand, capacity additions underpin Geojit's bullish call on Amber
With rising demand for consumer durables and improving penetration, alongside margin expansion, Geojit expects the company's earnings to grow at a 35 per cent CAGR over FY26E-FY28E
 "Summer demand, capacity additions underpin Geojit's bullish call on Amber")
Stock under ₹200: Yatra Online gets 'Buy' call for more than 50% upside
Keynote Research has maintained a 'Buy' call on Yatra Online with a target price of ₹236, implying an upside of more than 50 per cent from the previous close of ₹147.23 on NSE
 "Stock under ₹200: Yatra Online gets 'Buy' call for more than 50% upside")
BLS International share price zooms 11% on heavy volumes; should you buy?
BLS International share price jumped 10.8 per cent to ₹297.30 in the intraday trade on the National Stock Exchange (NSE)
 "BLS International share price zooms 11% on heavy volumes; should you buy?")
ITC Hotels share price up 5% on heavy volumes; buy, sell or hold?
ITC Hotels share price target: ITC Hotels shares jumped 5 per cent on heavy volumes in Monday's trade. An analyst has said that ITC Hotels shares could rally up to ₹230-240 in the recent pullback
 "ITC Hotels share price up 5% on heavy volumes; buy, sell or hold?")
Suzlon, Ola Electric, Bata, RPower, Wipro hit 52-week lows in firm market
Wipro, Cyient, Hexaware Technologies, KPIT Technologies and L&T Technology Services from the IT sector and Info Edge (India) and C.E. Info Systems from the IT-related sector hit 52-week lows on Monday
 "Suzlon, Ola Electric, Bata, RPower, Wipro hit 52-week lows in firm market")
Vedanta shares rise 2% as board to consider fundraise; analysts bullish
Vedanta share price: In an exchange filing, Vedanta said that its board will meet on Wednesday (February 25) to consider a fundraising proposal via NCDs
 "Vedanta shares rise 2% as board to consider fundraise; analysts bullish")
AU SFB tanks 7%; de-empanelment may trigger trust deficit, say analysts
The stock faced selling pressure after Haryana's finance department issued a circular de-empanelling all AU Small Finance Bank accounts across the state with immediate effect
 "AU SFB tanks 7%; de-empanelment may trigger trust deficit, say analysts")