Page 25 - The Smart Investor News

Textile stocks Arvind, S P Apparels surge up to 13%; log 52-week highs

The proposed UK and EU free trade agreements (FTAs) are expected to improve the competitiveness of Indian textile export, believe analysts.

Nifty IT sinks 2% to 3-year low; TCS, Infosys, HCL Tech, LTM hit 52-wk lows

As per data, the Nifty IT Index has corrected nearly 42 per cent from its all-time high of 46,089, recorded in December 2024, and is now trading close to its April 2023 lows.

Swiggy hits new all-time low, down 8% in June; JM Financial lowers target

Analysts at JM Financial believe that 1QFY27 will reinforce the widening divergence between Blinkit and Instamart, with the former likely to outperform; they lowered target price on Swiggy to ₹250.

Delhi EV Policy impact: Auto stocks skid; Eicher dips 7%, Ather at new high

Delhi EV Policy Impact: Bharat Forge, Hero MotoCorp, Bajaj Auto, Uno Minda, Sona BLW Precision Forgings and Samvardhana Motherson International were down in the range of 1 per cent to 5 per cent.

Jagsonpal Pharma rallies 14% on acquisition update; time to book profit?

Jagsonpal Pharmaceuticals has entered into a definitive agreement to acquire an 85 per cent equity stake in Aequitas Healthcare

Motilal Oswal sector of the week: Healthcare; Max, Global Health top picks

Indian healthcare sector remains well positioned for sustained long-term growth, supported by structural demand, expanding hospital infra, higher healthcare spends, and favourable demographic trends.

Turtlemint Fintech lists at 11% discount; should you exit or accumulate?

Turtlemint Fintech shares listed at ₹134.90 apiece on the NSE and ₹136.20 on the BSE, against the issue price of ₹152 per share

Welspun Corp stock zooms 111% from February low; here's why

The medium to long term business outlook for Welspun Corp continues to remain positive across all its businesses, supported by strong focus on Oil & Gas, energy security and transition initiatives.

Trent stock shines in subdued market, up 3%; should you buy, hold or sell?

In the past month, Trent outperformed the market by surging 17 per cent, as compared to 2 per cent rise in the Nifty 50.

Aurobindo Pharma nears all-time high, up 30% in 4 months; more upside left?

Aurobindo Pharma stock hit a 52-week high at ₹1,585, and quoted close to its record high of ₹1,592 hit in September 2024. HDFC Securities maintains 'Add' rating on the stock.

Astral falls 7% on chemicals business demerger announcement; time to buy?

Astral demerger: Notably, the company informed the exchanges that its board has approved a scheme to demerge its chemicals business into a separately listed company.

Persistent crashes 9%, hits 52-week low; what's making Street nervous?

Persistent announced the acquisition of German digital engineering firm Nagarro SE through a voluntary public takeover offer at €81/share in cash, implying an EV of €1.27 billion.

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.