Page 35 - The Smart Investor News

Devyani International, Sapphire Foods rally up to 9% on merger approval

Devyani International and Sapphire Foods merger will take place through a share-swap mechanism. Under the share swap ratio, 177 shares of DIL will be issued for every 100 shares of Sapphire Foods.

Dr Lal PathLabs soars 11%, hits 52-week high on huge volumes; here's why

Care Ratings expects Dr Lal PathLabs' revenue to grow by 11-12 per cent per annum in the near-to-medium term driven by organic demand growth, its expanding geographical presence and new initiatives.

Vedanta group stocks Day 2: Aluminium, Oil & Gas freeze at 5% lower circuit

Vedanta group newly-listed stocks trade on a mixed note on Day 2; Vedanta Iron & Steel hit 5% upper circuit; Aluminium and Oil & Gas were locked at lower circuits.

Sarvam AI deal lifts HCL Tech shares by 3%; Nomura says Buy for 39% upside

HCL Tech is investing $150 million in Sarvam for a 10.46 per cent stake

JM Financial backs PDS margin recovery story, sees 22% upside; stock up 7%

Analysts believe this measured approach, coupled with an improving business mix, should support a more predictable earnings profile over the medium term

VA Tech Wabag rallies 7%, hits 52-week high; should you buy, sell or hold?

In the past one month, VA Tech Wabag stock outperformed the market by soaring 25 per cent, as compared to 2 per cent rise in the Nifty 50.

GIC shares fall 5% as Centre launches OFS; floor price at 9% discount

At present, the government owns an 82.40% stake in General Insurance Corporation. At the floor price of ₹352 apiece, the sale of over 8.77 crore shares will fetch about ₹3,000 crore to the exchequer.

OMCs rally: IOC, BPCL, HPCL gain up to 4% as oil retreat boosts sentiment

A reopening of the Strait of Hormuz would provide significant relief for India by easing concerns over oil supplies, lowering freight costs and reducing pressure on inflation.

Nifty Next 50 index soars 4%, hits 52-wk high led by rate sensitive stocks

Nifty Next 50 index hit a 52-week high of 73,098.9, surging 4% on the National Stock Exchange in Monday's intra-day, and has soared 7% in the past two trading days.

RateGain Travel zooms 92% from March low; should you buy, hold or sell?

ICICI Securities initiated coverage on RateGain Travel Technologies with 'BUY' rating and a target price of ₹1,050, valuing the stock at 30x FY28E EPS.

L&T share price gains 4% on West Asia deal; analysts stay bullish

L&T has a strong presence across infrastructure, hydrocarbon, power transmission, and industrial projects in various countries of the Middle East.

Capital Market stocks: HDFC AMC, MOFSL, Nuvama rally up to 6%; here's why

With the dawn of peace in West Asia, hopefully, and the consequent sharp correction in Oil, the prospects for the Indian economy and stock market have turned for the better, says Vijayakumar of Geojit

Vedanta 4 demerged stocks debut: Aluminium shines; oil & gas, power slip

Vedanta 4 new stocks debut on BSE, NSE today; shares of Vedanta Aluminium Metal listed at ₹527 on the BSE and at ₹522 on the NSE.

Suzlon sizzles: Stock gains 3%, up 49% from 52-week low; more steam left?

Analysts view Suzlon's transition from a wind turbine manufacturer to a broader renewable energy solutions provider as a key growth driver, although successful execution remains critical.

OMCs gain up to 5%; upstream stocks fall 2% as Brent dips below $90/bbl

Oil market companies (OMCs) gain, while upstream oil companies fall after brent crude oil prices fell

Banking shares in demand; HDFC Bank, BoB, Union Bank gain up to 3%

In the past one week, the Nifty Bank outperformed the market by gaining nearly 3%, as against 0.05% decline in the Nifty 50.

Cyient buyback: Stock gains 4% as co sets record date; time to accumulate?

Cyient has announced the buyback of up to 6.4 million fully paid-up equity shares of face value of ₹5 each, for an aggregate amount not exceeding ₹720 crore, at a price of ₹1,125 per equity share

Vedanta up 3% ahead of listing of four demerged entities; should you buy?

Four companies that have taken shape following demerger from Anil Agarwal's Vedanta Ltd will list on the BSE and NSE on Monday (June 15).

Hexagon Nutrition shares yield 7% listing gains; should you book profit?

Hexagon Nutrition shares listed at ₹48.25 apiece on the NSE and ₹48 apiece on the BSE, against the IPO issue price of ₹45 per share

Nifty Auto index jumps 2%; Ashok Leyland, Bosch surge up to 4%; here's why

However, in the past one month, the Nifty Auto index underperformed the market and fell 3.6 per cent, as against 2.7 per cent decline in the Nifty 50 as of June 11, 2026.