Page 22 - The Smart Investor News

P N Gadgil share rises 3% as Nuvama initiates with 'Buy'; 31% upside eyed

PNG is the second-largest jeweller in Maharashtra by store count. Since its IPO in Sep' 24, the company has added 24 stores to its network of 39, aiming to strengthen its presence in Maharashtra.

RBL Bank hits 52-week high as Emirates NBD eyes 60% stake in $3bn deal

Emirates NBD Bank (PJSC) and RBL Bank have entered into a definitive agreement for ENBD to acquire a majority stake in the private lender through primary infusion of approximately $3 billion

Havells India Q2: Mixed show; brokerages cut targets but maintain 'Buy'

The company's revenue for the second quarter rose 5.2 per cent Y-o-Y to ₹4,779.33 crore, as against ₹4,539.31 crore. On a quarter-on-quarter (Q-o-Q) basis, the revenue fell 12 per cent

South Indian, AU SFB, Federal, DCB Bank rally up to 13%; here's why

South Indian Bank, Federal Bank, AU SFB and RBL Bank hit their respective 52-week highs on the BSE in intra-day trade on Monday on the back of strong earnings and RBL Bank deal.

Analysts split on LTTS post Q2FY26 results; should you buy, sell or hold?

Analysts at Choice Institutional Equities have upgraded LTTS to 'Buy' from 'Add', while Centrum Institutional Research has maintained its 'Neutral' rating on the stock

Should you bet on UltraTech Cement post its Q2? Analysts decode

UltraTech Cement's consolidated net profit jumped 75.2 per cent year-on-year (Y-o-Y) in Q2FY26 at ₹1,231.58 crore, as against ₹702.82 crore.

Here's why Nuvama trimmed Dixon Technologies' target price post Q2 results

Nuvama analysts have marginally lowered Dixon Technologies' December 2026 target price to ₹16,600 from ₹16,800, valuing the stock at 65x estimated December 2027 EPS

What should investors do with Polycab shares after Q2 show? Analysts answer

Nuvama highlighted that Polycab posted revenue, Ebitda, and APAT growth of 18%, 62%, and 51% Y-o-Y in Q2, respectively, noting that the base in Q2FY25 was low due to volatile copper prices.

HAL, BDL, Data Patterns rally up to 5%; why defence stocks in focus today?

At 10:20 AM; Nifty India Defence index was up 1.5 per cent, as compared to 0.35 per cent rise in Nifty 50 in Friday's trade.

Here's why Nuvama sees a strong second half for JSW Infrastructure in FY26

The brokerage has pegged a December 2026 target price of ₹360 per share, based on a 22x EV/Ebitda multiple for December 2027

Wipro shares drop 4% after mixed Q2 results; should you sell or hold?

Wipro's share price fell after its net profit was up 1.15 per cent compared to the same quarter last year

Infosys falls 2% even after Q2 beat; stock falls for 5th day; time to sell?

Infosys shares fell even after it raised the lower end of its annual revenue guidance

Kajaria's Q2 polish impresses, while demand cracks remain; analysts weigh

Emkay remains upbeat on Kajaria Ceramics, reiterating its Buy call, while Nuvama Institutional Equities takes a more measured stance, maintaining a Hold rating on the shares

What should investors do with Eternal (Zomato) after Q2? Brokerages decode

Nomura has reiterated a 'Buy' call on Eternal with a target price of ₹370 per share, as it sees an advantage for the company over peers in the quick commerce business

Nestle Q2 review: Buy or sell? New MD, GST cuts sway analysts' views

"Given favourable industry tailwinds from goods and services tax (GST) rate reduction, we believe the management's topline focus is prudent," Emkay noted

Zee Ent posts weak Q2; ad revenue dips for 6th straight qtr; buy or sell?

During the quarter, Zee Entertainment's advertising revenue dropped 10.6 per cent to ₹806.3 crore, marking the sixth consecutive quarter of decline, against ₹901.7 crore a year ago.

Paytm hits 52-week high, stock rallies 16% so far in October; here's why

Shares of One 97 Communications, the parent company of Paytm, hit a 52-week high of ₹1,305, gaining 2 per cent on the BSE in Thursday's intra-day trade amid heavy volume.

Auto shares in demand; TVS Motor hits new high, M&M, Eicher rally 2%

At 10:19 AM; BSE Auto index and Nifty Auto index, the top gainers among sectoral indices, were up 1.3 per cent each, as compared to 0.5 per cent rise in the BSE Sensex and Nifty 50.

Indian Hotels, Lemon Tree, ITDC gain up to 4% on strong business outlook

The industry witnessed 18-20 per cent growth in the first half of Fy26 and is expected to clock mid to high teens growth in the second half as well

Should you buy or sell Tata Communications shares post Q2? Analysts weigh

Tata Communications, reported a 19 per cent year-on-year (Y-o-Y) decline in its consolidated net profit at ₹183.21 crore for the second quarter of the financial year 2025-26 (Q2 FY26).