Page 46 - The Smart Investor News
IT shares under pressure on mixed TCS Q1 numbers; Nifty IT index down 2%
TCS, Infosys, Wipro, LTIMindtree, Tech Mahindra, HCL Technologies and Persistent Systems are down in the range of 1% to 2%.
 "IT shares under pressure on mixed TCS Q1 numbers; Nifty IT index down 2%")
HCL Tech Q1 preview: What to expect amid tariff jitters, seasonal weakness
HCL Technologies is expected to post a 3.76 per cent decline in net profit for the first quarter, sequentially
 "HCL Tech Q1 preview: What to expect amid tariff jitters, seasonal weakness")
Market rally boosts stocks of loss-making companies on turnaround hopes
The rally comes amid a recovery phase in markets, with SMIDs climbing back toward their September 2024 highs
 "Market rally boosts stocks of loss-making companies on turnaround hopes")
Signature Global shares rise 4% in trade; Axis Capital sees 43% more steam
Signature Global share price gained 3.7 per cent in trade on Thursday on BSE, logging an intraday high at ₹1,294 per share; check target
 "Signature Global shares rise 4% in trade; Axis Capital sees 43% more steam")
Gabriel India zooms 51% thus far in July; should you buy, hold or sell?
Anand Rathi Share and Stock Brokers recommend a 'Buy' rating on Gabriel India with a target price of ₹1,400
 "Gabriel India zooms 51% thus far in July; should you buy, hold or sell?")
Glenmark hits new high; zooms 37% in 2 months; what's driving pharma stock?
Since June 25, in 12 trading days, the stock has surged 12% after the company launched the lung cancer treatment drug Tevimbra in India, following the approval by the CDSCO.
 "Glenmark hits new high; zooms 37% in 2 months; what's driving pharma stock?")
JPMorgan sees EMS as 'sunrise sector'; Syrma, Dixon, Kaynes lead the pack
JPMorgan initiated coverage on six EMS stocks, rating Syrma, Dixon, and Kaynes 'Overweight', Amber and Cyient DLM 'Neutral', and Avalon 'Underweight'
 "JPMorgan sees EMS as 'sunrise sector'; Syrma, Dixon, Kaynes lead the pack")
ACME Solar soars 8%, nears record high; Elara Capital sees 15% more upside
Elara Capital initiates coverage on ACME Solar with a Buy rating and target price of ₹325 per share.
 "ACME Solar soars 8%, nears record high; Elara Capital sees 15% more upside")
This smallcap realty stock jumped 9% after acquiring 2 prime land parcels
Peninsula Land shares jumped 9.2 per cent, logging an intraday high at ₹39.5 per share on acquiring two prime land parcels in Sogaon, Alibaug (11 acres) and Bhilawale, Karjat (29 acres)
 "This smallcap realty stock jumped 9% after acquiring 2 prime land parcels")
UTI AMC rallies 6%, hits new high in weak market; here's why
UTI AMC stock: Analysts believe that improving capital market returns are expected to boost equity AUM growth, aiding the topline and treasury gains for Asset Management Companies.
 "UTI AMC rallies 6%, hits new high in weak market; here's why")
Belrise Industries soars 13% in 2 days, hits record on Jefferies 'Buy' call
The northward move in Belrise Industries shares came after foreign brokerage Jefferies initiated coverage with a 'Buy' rating, and set a target price of ₹135, implying a potential upside of 31per cent
 "Belrise Industries soars 13% in 2 days, hits record on Jefferies 'Buy' call")
Vedanta stock tanks 8% as Viceroy Research shorts parent's debt
The US-based research firm Viceroy Research has turned short on Vedanta Resources, as it found the group's financial structure unsustainable and operationally compromised.
 "Vedanta stock tanks 8% as Viceroy Research shorts parent's debt")
ITC Hotels hits new high, surges 6% in 2 days; market cap nears ₹50,000 cr
With efficient capital allocation, investing 8-10 per cent of revenues for capex on renovation/on-going projects, the cash flow generation is expected to be strong in the coming years
 "ITC Hotels hits new high, surges 6% in 2 days; market cap nears ₹50,000 cr")
Jefferies sees 15% upside in Adani Power on capacity expansion drive
Jefferies maintained a 'buy' call on Adani Power, citing strong capacity addition. It sees 15 per cent upside for the stock
 "Jefferies sees 15% upside in Adani Power on capacity expansion drive")
Premiumisation to drive Arpu growth for all telecom operators in Q1
Analysts expect a sequential increase in Arpu for all telecom operators in Q1 FY26, driven by the ongoing shift from 4G to 5G and higher service usage
 "Premiumisation to drive Arpu growth for all telecom operators in Q1")
Madhuri Kela's portfolio stock nears record high; zooms 95% from April low
Shares of Samhi Hotels hit a 52-week high of ₹234.90, rallied 6% on the BSE in Wednesday's intra-day, trading close to its record high level of ₹237.80, touched on February 27, 2024.
 "Madhuri Kela's portfolio stock nears record high; zooms 95% from April low")
Gold rate outlook: Yellow metal slips as investors assess tariff scenario
Gold rate outlook: At the time of writing this report, both spot gold and the MCX August gold contract were down by 1 per cent on the day. The spot gold was hovering around $3,295
 "Gold rate outlook: Yellow metal slips as investors assess tariff scenario")
Bitcoin may hit $140k-$145k by Nov 2025: Sumit Gupta, Co-founder, CoinDCX
The availability of institutional-grade tools and improving regulatory clarity is encouraging a more sophisticated, professional investor base to participate in this evolving asset class
 "Bitcoin may hit $140k-$145k by Nov 2025: Sumit Gupta, Co-founder, CoinDCX")
Divis Labs bucks weak pharma shares trend; hits new high on strong Q1 hopes
In the past six months, the Divis Labs stock has outperformed the market by surging 18 per cent, as against 1.4 per cent fall in the BSE Healthcare index and 7 per cent rise in the BSE Sensex.
 "Divis Labs bucks weak pharma shares trend; hits new high on strong Q1 hopes")
BPCL, HPCL near record highs, zoom up to 57% from March low; here's why
Elara Capital maintain its positive view on OMCs amid subdued crude prices and expects the government to allow OMCs to earn above-historical integrated margin
 "BPCL, HPCL near record highs, zoom up to 57% from March low; here's why")
