Page 3 - The Smart Investor News

Hero Motors hits new high; stock up 99% against issue price in 7 days

Hero Motors' share price hit a new high of ₹167.45 in Thursday's intraday trade. The stock has more than doubled, up 108% from its listing day's low of ₹80.50 on the BSE.

Adani Energy Solutions gains 5.5%; extends winning streak to 3rd session

Over the previous three sessions, Adani Energy Solutions shares have gained more than 7 per cent, compared with a nearly 1 per cent decline in the Nifty 50 index.

Nifty IT defies market weakness, rises 2%; Mphasis, Coforge, TCS lead

The Nifty IT index advanced 2.1 per cent during intra-day deals, with nine out of ten constituent stocks of the index trading in the green.

Bajaj Auto, M&M, Hero Moto skid up to 6%; here's why auto stocks are down

Nifty Auto index decline 3 per cent to 25,507, hitting an over four month low on the National Stock Exchange in Thursday's intraday deal.

A-One Steels shares make strong debut, list at 14% premium on BSE

A-One Steels shares opened at ₹462 apiece on the BSE, up ₹57, or 14.07 per cent, from the issue price of ₹405.

Moneyview shares make stellar debut, list at 63% premium on BSE

Moneyview opened at ₹55.61 per share on BSE, 63.56 per cent higher than IPO price and on NSE the shares opened 61.76 per cent higher at ₹55.

Azad Engineering zooms 111% in six months; hits new high on heavy volumes

Analysts at ICICI Securities upgraded the rating on Azad Engineering to 'Buy' as they expect follow-up large orders from GE, providing another 5-6 years of visibility to the newly commissioned unit.

Hospital stocks under pressure: Apollo, Yatharth, Fortis, Max drop up to 7%

According to reports, the Supreme Court flagged concerns over the wide gap between the price-to-retailer and maximum retail price of essential medicines.

Aequs rallies 5%, trades higher for fourth straight day; here's why

The board of directors of Aequs on September 25, 2026, approved the preferential issue of up to 28.07 million warrants, to the Promoter Group, aggregating approximately ₹650 crore.

KPI Green Energy gains 4% after ₹2,410 crore wind asset acquisition

The transaction is expected to close by 28 February 2027. The scale of the project stands 507.9 MW of operational wind capacity, 301.4 MW held by AEPL and 206.5 MW by NWPL

Cupid shares surge 17% in 2 days to record high; what's behind sharp rise?

The multibagger stock has entered the small-cap index as part of the Nifty semi-annual rejig. According to Nuvama Alternative & Quantitative Research, Cupid could see inflows of $10 million.

Savita Oil Tech zooms 200% in 9 months; what's driving lubricant stock?

Analysts at ICICI Securities believe that Savita Oil Technologies is well positioned to benefit from strong demand traction in transformer oils & industrial lubricants.

Molbio gains 9% as Jefferies assigns 'Buy' tag on innovation-led model

Calling Molbio a 'high-conviction pick', Jefferies has set a target price of ₹1,600 on the counter, signalling an upside of 27 per cent from its last closing price of ₹1255.60 apiece.

Nifty IT cracks 11% in Sept; Infy, Wipro, Tata Elxsi trade at 52-week lows

The Nifty IT index has underperformed in September, falling over 11%, as against a 6% decline in the Nifty 50.

PB Fintech, Turtlemint Fintech tank up to 43% in 4 days; hit 52-week lows

PB Fintech and Turtlemint Fintech Solutions witnessed heavy selling pressure in recent days after Irdai proposed an overhaul of insurance distribution rules.

Landmark Cars surges 12% on huge volume in weak market; here's why

Landmark Cars is adding a BYD facility in Noida and M&M showroom at Kolkata. These additions align with its long-term strategy to deepen engagement with existing OEM partners.

Varmora Granito shares list at 5% premium over IPO price, beat expectations

On the BSE, the stock listed at ₹152, a premium of ₹4 or 2.7 per cent, while on the NSE, the stock made its debut at ₹155, a premium of ₹7 or 4.73 per cent.

Ola sheds 3.5%: Why is EV 2W stock down despite ₹1,000 cr fundraise plan?

Ola Electric shares declined over 3 per cent after the board's nod to raise ₹1,000 crore via a rights issue.

Why are Tata group stocks falling today? TTML, Tata Chem, TMPV dip up to 5%

Tata Trusts, led by Chairman Noel Tata and holding 66% of Tata Sons, has proposed merging TESS and TCE with Tata Sons to help the holding company remain private and exit the RBI's NBFC/CIC framework.

Nifty Pharma defies mkt slump, up 1% as select drugs exempt from US tariffs

Qualifying speciality medicines from India will be eligible for zero duty, providing some relief to Indian drugmakers with exposure to the US market.