Page 7 - The Smart Investor News

Buzzing stock: Why is Bandhan Bank share price up 8% in trade today?

Kranthi Bathini said that the news about marquee investors investing in Bandhan Bank could generate interest among investors, given the bank's current valuation.

Max Healthcare slips 20% in 3 weeks, stock hits over 2-year low; here's why

Max Healthcare share price: In the past three days, the stock price of the hospital company slipped 7% on reports that the government plans to extend the 30% price caps to non-scheduled cancer drugs.

IRCON International stock zooms 6% on ₹862 crore order win from railways

IRCON has been awarded an EPC contract by East Central Railway. At the end of the June quarter, IRCON's order book stood at ₹23,366 crore.

RBL Bank plunges 8% even as Q1 profit zooms 170% YoY; analysts bullish

RBL Bank's net profit rose 170 per cent YoY to ₹482 crore on the back of a net interest income (NII) growth of 37 per cent to ₹2,131 crore.

Nifty IT shines, up 3%; HCL Tech, TCS, LTM, Tech Mahindra surge up to 5%

In the past four trading days, Nifty IT index outperformed the market by gaining 5.6% as against a 1.2% rise in the Nifty 50.

ICICI Prudential AMC gains 2% after steady Q2 nos, positive analyst views

Post Q2, brokerages have shared a constructive view on ICICI Prudential AMC, with Jefferies saying the quarter was a beat led by higher revenue yield. It has kept Buy rating & raised target to ₹3,760.

HCL Tech shares gain over 5% after Q2 results; brokerages remain mixed

HCLTech reported a 21.2 per cent rise in net profit at ₹5,132 crore in the second quarter of financial year 2027, up from ₹4,235 crore in the corresponding quarter last year.

Reliance Industries hits 18-month low; stock down 28% from January high

The stock price of RIL is quoting lower for the fourth straight trading day today. The counter has declined 5 per cent during the period.

IRFC to announce interim dividend in Q2 results on Oct 15; stock rises 4%

IRFC dividend 2026 record date: IRFC will announce an interim dividend on October 15 and has fixed October 23 as the record date.

Ashish Kacholia portfolio stock Aeroflex zooms 15%; hits record high

Aeroflex's board of directors is scheduled to meet on October 14, 2026 to consider and approve the company's expansion plans, including further capacity enhancements.

Suzlon jumps 5% on ₹550 cr investment plan; MOFSL says valuation attractive

Suzlon Energy share price target: MOFSL has maintained its 'Buy' rating on Suzlon Energy stock with a target price of ₹65. The target implies an upside of more than 70% from the previous close of ₹38.

Meesho share price rallies 5%, nears record high in weak market; here's why

Meesho reported 75 per cent Y-o-Y growth in orders on day 1 of its Mega Blockbuster Sale, with transacting customers increasing 60 per cent Y-o-Y.

Milky Mist stock down 5% despite clarification on FSSAI action against firm

The company said it did not received any specific notice, order or communication from FSSAI or the Tamil Nadu Food Safety Department directing an inquiry into the Company's Paneer products

Lenskart slips 5% on huge block deals; Alpha Wave Venture likely seller

At 09:15 AM, as many as 27.08 million shares, representing 1.56 per cent of Lenskart's total equity, changed hands on the BSE, exchange data shows.

Poonawalla Fincorp shares surge 8% as Q2 profit jumps nearly 5-fold

Poonawalla Fincorp has reported a five-fold surge in consolidated profit to ₹375 crore during the September quarter on account of increase in interest income.

DMart stock down 3%: Why brokerages are mixed on RK Damani co after Q2 show

Avenue Supermarts reported an increase of 8.5 per cent in consolidated net profit at ₹742.98 crore for the September quarter, on a year-on-year basis.

ITC stock rallies 5%, sees sharpest intraday rally in 6 months; here's why

Top buyers in ITC's block deal on Thursday: Fidelity Advisor Series VIII-Fidelity Advisor Overseas Fund, ICICI Prudential MF, SBI MF, Nippon India MF and Citigroup Global Markets Singapore Pte.

Torrent Power tanks 35% from April high; stock hits 31-month low

Motilal Oswal Financial Services initiated coverage on Torrent Power with a Neutral rating and a sum-of-the-parts (SoTP)-based target price of ₹1,270.

HDFC Bank, SBI, Federal, Canara Bank up 2%; what's driving banking stocks?

Analysts at Kotak Institutional Equities believe the rate hike cycle poses limited risk for banks, given healthy balance sheets, tighter underwriting standards and stronger borrower fundamentals.

TCS Q2 review: Analysts flag weak margins amid steady growth; stock up 5.6%

TCS reported a net profit of ₹13,884 crore for Q2FY27, up 14.9 per cent year-on-year from ₹12,075 crore in Q2FY26. Revenue for the company grew 11.2 per cent in reported terms at ₹73,188 crore