Page 8 - The Smart Investor News

Thermax share price soars 7% on renewal energy arm stake sale buzz

According to reports, Thermax plans to divest over 51% stake in its renewable energy subsidiary First Energy, with an estimated enterprise value of ₹3,000 crore.

Info Edge shares jump over 4% on Q2 biz update; billings rise 12.8% YoY

Info Edge reported a 12.8 per cent year-on-year increase in its standalone billings to ₹822.3 crore for the second quarter ended September 30, 2026.

Hospital stocks: Why have Fortis, Apollo, Max, Yatharth rallied up to 5%?

According to reports, the Centre has decided to cap trade margins for all non-scheduled anti-cancer drugs at 30 per cent of the MRP.

Hexaware Technologies share price zooms 12% on Anthropic tie-up

Hexaware Technologies has signed a multi-year partnership with Anthropic. Under the partnership, Hexaware becomes a Preferred Partner in Anthropic's Claude Partner Network.

TCS shares jump 3% ahead of Q2 results; what to expect & how to trade?

TCS Q2 results: Analysts expect large IT companies, such as TCS, to lag mid-tier firms amid macro uncertainty, AI-led productivity and increased competition.

Adani group stocks under pressure; Enterprises, Green Energy tank up to 7%

Adani Enterprises' stock price on Thursday quoted at its lowest level since May 14, 2026, having declined 13% in the last six trading sessions.

Sun TV stock on a roll, up 40% in 3 weeks; Elara sets target price at ₹925

Elara Capital believes that Sun TV holds a highly cash-generative TV business, underpinned by a strong sports portfolio, while the core media segment remains the 'cash cow'.

ITC sees 2.9% of equity change hands in single large trade; stock slumps 3%

According to Bloomberg data, 366.7 million shares, representing 2.93 per cent of the company's equity, changed hands in a single large trade.

Paytm, Mobikwik share prices crash up to 10% amid UPI MDR delay buzz

According to reports, the implementation of the new UPI MDR framework is likely to be deferred to January 1, 2027 from the earlier proposed October 15 rollout, with no final decision yet.

Senco Gold jumps 8% on Q2 biz update; achieves highest-ever topline in H1

Senco Gold said that Q2 revenue growth accelerated to 29 per cent Y-o-Y at retail level, supported by 19 per cent growth from existing stores (SSSG growth).

PVR Inox rallies 10%; stock hits 22-month high in weak market

Analysts estimate 31% occupancy for PVR Inox, aided by a strong performance of Hollywood content such as Odyssey and Spider-Man: Brand New Day, along with sleeper hits like Hanuman Ansh.

Kanohar Electricals soars 20%; stock up 79% from IPO price in three weeks

Kanohar Electricals' share price hit a new high of ₹1,129.35 on the BSE in Wednesday's intra-day deals, having zoomed 79% from its issue price of ₹632 per share.

RBI rate hike impact: Bank, NBFC shares rebound; Auto, realty trade weak

At 10:31 AM on Wednesday, the Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services traded up to 1% higher; while, the Nifty Auto and Nifty Realty remained in negative zone.

Chennai Petroleum, MRPL shares defy market weakness, gain up to 6%

Analysts said that upstream players and standalone refiners will outperform in the second quarter on firm crude realisations and strong transport fuel cracks.

Kalyan Jewellers shares shine on Q2 business update, rise over 3%

Kalyan posted a consolidated revenue growth of over 26 per cent year-on-year (YoY), led by robust operating momentum on the ground with healthy same-store-sales growth.

PTC Industries rallies 5%, hits record high in weak market; here's why

PTC Industries' QIP issue opened on Wednesday at a floor price of ₹22,150 per share, with the company having the option to offer a discount of up to 5% to the floor price.

Titan shares crash 4% on slower-than-expected jewellery growth in Q2

Titan's jewellery sales grew 21 per cent, below the Nomura's expectation of around 25 per cent.

Hindustan Aeronautics share price rises 3% on heavy volume; here's why

Reports suggest that in its bid to meet the growing requirements of indigenous helicopter platforms, HAL plans to establish a second production line for Shakti engines at its Koraput facility.

Specialty chemicals: Alkyl, Balaji Amines zoom up to 20% on huge volume

The Indian speciality chemicals industry is expected to maintain a stable growth trajectory, supported by structural demand drivers, policy support and globalisation, said Balaji Amines.

In sweet spot! Sugar stocks surge up to 9%. What's behind the rise?

Analysts attribute the current rally in sugar stocks to the latest surge in global sugar prices. US sugar futures rose 4 per cent in a day, 14 per cent in a month, and over 23 per cent in a year.