Page 33 - The Smart Investor News

JM Financial retains Buy on Tata Motors, sees 14% upside; stock up 4%

While management has guided for high single-digit industry growth in FY27, JM Financial continues to factor in volume growth of 5.5 per cent and 7.9 per cent for FY27E and FY28E, respectively

IRFC OFS opens: Navratna PSU stock cracks 5%; should you bid or avoid?

IRFC share price today: Rajesh Palviya of Axis Securities said investor sentiment around IRFC has been subdued for a long time, and today's decline was primarily driven by the OFS announcement.

Bajaj Auto slips nearly 3%, trades ex-date for share buyback; time to buy?

Bajaj Auto's largest share buyback worth ₹5,633 crore at ₹12,000 per share will open on July 1; shareholders who hold shares as of today (June 24) will be eligible to participate in the buyback.

Arvind zooms 66% in 2026; Motilal Oswal initiates coverage with 'Buy' call

Motilal Oswal has initiated coverage on Arvind with a 'Buy' rating; it believes that company is on the verge of a strategic transformation from a fabric-focused player to a garments-led business.

Nifty IT index slips 2%; TCS, Infosys, HCL Tech, LTM, Wipro down up to 3%

In the past three weeks, the Nifty IT index tanked 13 per cent, as against 2 per cent rise in the Nifty 50.

Syrma SGS zooms 100% from March low; should you buy, hold or sell?

Syrma has entered into a JV with Japan-based Kaga Electronics to establish a technologically advanced EMS manufacturing facility in India focused on serving Japanese customers.

Info Edge gains 4% as investors cheer letter to shareholders; buy or wait?

Info Edge said it has invested about ₹4,900 crore across 135 startups since 2020, with an overall portfolio valuation of about ₹41,300 crore, implying an 8.4x multiple and 33 per cent gross IRR

Apar soars 4%, hits new high; stock zooms 146% from Jan low; here's why

In the past one month, the stock price of Apar Industries soared 34 per cent, as compared to 1 per cent rise in the BSE Sensex.

Nifty Pharma extends rally, up 2%; Piramal Pharma, Laurus gain up to 10%

Analysts said that a combination of defensive buying, strong earnings visibility, export tailwinds, and sector rotation is driving the rally in pharma stocks.

Vedanta stock down 7% after block deal; over 100 mn shares change hands

Vedanta stock block deal: Till 9:40 AM on Tuesday, as many as 109.2 million equity shares of Vedanta changed hands on the NSE, the exchange data showed.

Bharat Forge gains 2%, hits new high; what's driving stock price?

Bharat Forge secured a ₹425 crore contract from the Ministry of Defence to supply Gas Turbine Generators (GTGs) for the Indian Navy.

Delhivery at 52-wk high, up 7% on strong FY27 view; JM Fin sees 20% upside

JM Financial said Delhivery is well-positioned for strong growth in the near to medium term, supported by a favourable industry structure.

Garden Reach shares rise 5% on Navratna status; here's what analysts say

Garden Reach Shipbuilders & Engineers is a defence public sector undertaking, under the administrative control of Ministry of Defence.

JM Financial backs Inox Wind's growth outlook, retains 'Add'; shares up 4%

CRISIL Ratings withdrew Inox Wind's long-term and short-term ratings at the company's request after placing them on 'Rating Watch with Developing Implications' following recent acquisitions

Voltas soars 5% on crossing 1 million air conditioner sales in FY27

Voltas crosses 1 mn AC sales in record time: Looking ahead, the outlook for FY27 remains positive, supported by India's underlying growth trajectory and favourable structural drivers, Voltas said.

Chennai Petroleum gains 3% after Govt grants Navratna tag; more steam left?

The rally in Chennai Petroleum Corporation shares came after the company announced that the Government of India has granted Navratna status to the company

Kirloskar Oil Engines shares zoom 20% to hit record high on HyperNext order

Kirloskar Oil Engines has announced a significant order from HyperNext, a next-generation digital infrastructure company focused on delivering hyperscale-ready, AI-enabled data centre solutions.

Reliance rallies 3% post AGM, Jio IPO approval; brokerages remain upbeat

Reliance post AGM: Stock up 3% in Monday's trade. However, in the past six months, RIL has underperformed the market by falling 15%, as against 10% decline in the BSE Sensex.

Premier Explosives zooms 52% in 1 month; what's behind the rally?

In the past six months, the stock price of the company surged 78 per cent, as compared to 10 per cent decline in the BSE Sensex.

Redington share price gain 6%; up 25% in 7 days on Apple price hike buzz

Redington share price today: Redington is one of Apple's key distribution and supply chain partners in India. It distributes iPhones, iPads, MacBooks and other Apple products in the country.