Page 29 - The Smart Investor News

Knack Packaging shares list at 10% premium; should investors book profit?

Knack Packaging shares listed at ₹188 apiece on the NSE and ₹186 on the BSE, against the IPO issue price of ₹170 per share

Nomura retains 'buy' on Uno Minda amid expansion plans, sees 33% upside

The company had been manufacturing seat recliners since 2022, but is now expanding to manufacture complete seating systems.

Eternal stock up 2%; Motilal Oswal retains buy for 31% upside

Motilal Oswal Financial Services has reiterated its 'Buy' rating on Eternal stock for a target price of ₹380, implying an upside of 31 per cent from its current price.

Cyient DLM zooms 106% from March low; brokerages see more upside

Share price of Cyient DLM hit a 52-week high of ₹546.55, rallying 9 per cent on the BSE in Tuesday's intra-day deals.

Nifty IT index up 3%; Infosys, Tech Mahindra, LTM, Persistent gain 4%

In the past four trading days, IT index outperformed the market by soaring 9 per cent, as against a 2 per cent gain in the Nifty 50.

IOL Chemicals surges 19%, up 136% since April; what's driving the stock?

IOL Chemicals' management remains confident of delivering mid-teens to high-teens revenue growth over the medium term, along with gradual improvement in EBITDA margins.

Jubilant FoodWorks gains 4% on Q1 update; Motilal Oswal stays 'Neutral'

Post Q1 business update, MOFSL has maintained a 'Neutral' view on Jubilant FoodWorks for a target price of ₹475, implying an upside of 8 per cent from the previous close of ₹438.25.

RITES soars 9% on huge volumes on securing $35.8 mn overseas work order

RITES announced that it has secured a major international contract from South Africa-based Volantis Asset Finance (Pty) Ltd valued at over USD 35.8 million (~₹3,400 crore).

Titan up 4%, hits new high post Q1 biz update; brokerages see more upside

Titan registered a strong all-round performance in Q1FY27 with domestic business growing by 37% driven by 39% growth in the jewellery business, while international business grew by 128%.

Tata Stock: Trent tanks 11% as Q1 revenue growth misses Street estimates

Trent reported standalone revenue of ₹5,666 crore for Q1FY27, up around 19 per cent year-on-year from ₹4,781 crore. The growth, however, fell short of Street expectations of 22-23 per cent

Cochin Shipyard falls 5% as govt launches OFS; should you participate?

Cochin Shipyard OFS: The government has announced to sell up to 5 per cent stake in Cochin Shipyard at a floor price of ₹1,400 per share through an offer for sale beginning Tuesday.

Aegis Logistics zooms 84% in 1 month, hits new high; Aegis Vopak soars 54%

Aegis Logistics surged 5% to hit a new high at ₹1,388.65, while Aegis Vopak Terminals share price soared 10% to ₹284.10 cent on the BSE in Monday's intra-day trade.

Radico Khaitan soars 5%, hits new high; stock up 64% from March low

Radico Khaitan said that its millionaire and top-selling brand Magic Moments achieved a milestone of 3.25 million cases volume in Q1FY27.

Senco Gold rises 6% after strong Q1 update; old gold exchange drives sales

Senco Gold said that its standalone revenue grew around 60 per cent Y-o-Y in Q1, while retail revenue increased 48 per cent and same-store sales growth stood at 38 per cent.

Glenmark Pharma jumps over 2% on launch of Olanzapine single-dose vial

Glenmark Pharma stock advanced over 2% in Monday's intra-day trade, after the company's US arm announced the launch of Olanzapine single-dose vial.

MPS jumps 8% on HDFC Securities' 'Stock Pick of the Week' tag; check target

HDFC Securities has recommended investors buy the stock in the ₹1,880-1,930 band and accumulate on dips in the ₹1,705-1,740 band (13x FY28E EPS)

GCPL rises 4%; JM Financial ups target on strong Q1 update, sees 17% upside

JM Financial has maintained a 'Buy' rating on GCPL after a strong Q1 business update. The brokerage has raised its target to ₹1,250, implying an upside of 17% from the previous close of ₹1,076.90.

HDFC Bank gains 2% on Q1 business update; brokerages decode fine print

HDFC Bank's business momentum remained steady, with sequential advances and deposits continuing to register healthy growth, said ICICI Securities in a note.

Nykaa up 3%, hits 52-wk high on upbeat Q1 forecast; brokerage maintains Buy

Nykaa stock surged 3% to ₹320 after the company said it expected around 30% YoY revenue growth in Q1FY27. JM Financial maintains 'Buy' rating on stock with a target price of ₹360.

Aastha Spintex lists at 4% discount; should you ride out the volatility?

The cotton yarn and cotton bales manufacturer and trader debuted at ₹130 per share on both the BSE and NSE, down ₹6 or 4.41 per cent from its issue price of ₹136 per share