Page 27 - The Smart Investor News

Kusumgar shares list at 37% premium; Emkay says 'Buy' for 91% upside

Kusumgar IPO listing: The stock listed at ₹574 apiece on the BSE, a premium of ₹155, or 36.99 per cent, over its issue price of ₹419 per share

MCX jumps 4% on heavy volume; analyst advises staying away, here's why

Shares of Multi Commodity Exchange (MCX), driven by heavy trading volumes, gained nearly 4 per cent in intraday trade to touch ₹2,889 on the NSE on Tuesday.

Divi's Labs rallies 3%, market cap nears ₹2 trillion; what's driving stock?

As the largest pure-play API/CDMO, Divi's should continue benefiting from custom-synthesis order-book conversion and the structural China+1/BIOSECURE-linked tailwind, analysts believe.

IDBI Bank rises 4% on fresh privatisation buzz; right time to buy?

IDBI Bank privatisation news: A Bloomberg report said that Fairfax Financial Holdings, founded by Indian-born Canadian billionaire Prem Watsa, might raise its per-share bid by a few rupees.

CarTrade zooms 70% since June, hits 6-month high; UBS sees more upside

UBS initiated coverage on CarTrade with a Buy rating and price target of ₹4,000, driven by significant top-line growth, as current revenue across its platforms represents only 3-4% of TAM.

Welspun Corp gains 4% in weak market, zooms 129% in 6 months; here's why

Welspun Corp announced receipt of fresh large orders worth ₹1,400 crore for supply of pipes for oil & gas export projects, from its India facility.

Nuvoco Vistas shares zoom 13% after strong Q1 results; buy, sell or hold?

Today's rally in Nuvoco Vistas Corporation was buoyed by the company's Q1 results, in which its consolidated profit rose 20 per cent Y-o-Y to ₹159.63 crore.

Just Dial share price surges another 13% on strong Q1 show. Time to buy?

Just Dial share price opened 4.5 per cent higher, defying the weakness in the Indian stock market and extended gains to hit the day's high of ₹770 on the BSE. In just two trading days, the stock had g

Biocon surges 6%, nears 52-week high after block deals; Mylan likely seller

According to reports, Mylan, which is part of Viatris, planned to sell up to 5.64 per cent stake in Biocon, worth up to ₹3,481 crore in block deals today.

HCL Tech shares fall 3% despite Q1 beat; deal wins keep analysts upbeat

HCL Tech reported a 20.3 per cent increase in net profit for the first quarter to ₹4,624 crore on a year-on-year basis. Revenue for the quarter was up 13.9 per cent to ₹34,579 crore.

RK Damani-backed DMart tanks 4% post Q1 show. Should you buy, sell or hold?

Radhakishan Damani-backed DMart had posted its June quarter earnings on Saturday, wherein it said its consolidated net profit rise 11.3 per cent to ₹860 crore.

BHEL soars 4%, trades higher for 4th straight day; here's why

Analysts expect limited impact on BHEL from the government's move to allow four Chinese electrical equipment companies to participate in PSU tenders for HV transformers and GIS equipment.

Kalyan Jewellers shares extend rally, up 47% in 4 days on strong Q1 update

Kalyan Jewellers share price has zoomed 47% in four days following a robust business update for the April-June quarter of the financial year 2026-27.

IndiGo share price slips 3% on oil price spike; here's what analysts say

Notably, aviation turbine fuel (ATF) accounts for about 40 per cent of airline operating expenses, making airlines highly sensitive to crude prices.

Oracle Financial zooms 92% from March low; what's driving stock price?

In the past three months, OFSS stock outperformed the market by surging 65 per cent, as compared to a 0.52 per cent rise in the BSE Sensex.

JSW Infra rallies 5%, nears record high; ICICI Direct sees more upside

JSW Infra is expected to be on a strong long-term growth trajectory over FY26-FY30 backed by expansion of ports capacities, strengthening logistics network and inorganic growth opportunities.

Just Dial zooms 15% on fastest QoQ revenue growth post Covid era

The company started FY27 on a strong note, with revenue growing 6.6 per cent QoQ, its fastest sequential growth in a decade outside the post-COVID recovery period, said Shwetank Dixit of Just Dial.

MRPL shares jump 9% as ONGC approves strategic oil reserve in Mangaluru

ONGC has approved an expansion of the country's strategic oil reserves, highlighting a push to strengthen energy resilience following the shock of the Iran war.

Nifty PSU Bank soars 4%, Indian Bank up 10% post Q1 nos; analysts upbeat

PSU Bank index logged its sharpest intra-day gain in three months on Friday. Analysts expect PSU Banks to outdo private peers on earnings front on improvement in asset quality and high credit growth.

Mukul Agrawal-owned Lux Industries zooms 10% on Reebok licensing agreement

Lux Industries has entered into an agreement with RILUK IPCO for the purpose of designing, manufacturing and selling selling men and women innerwear and thermal wear products in India.