Page 9 - Markets News

Suzlon Energy up 40% from April lows; analysts see up to 20% more upside

Suzlon Energy share price target: Suzlon Energy stock has jumped 40% from its April lows. Analysts recommend buying the stock on dips for an upside of 20% from current levels.

Tata Chemicals up 9% on heavy volumes; board to mull dividend in Q4 results

Today is the second straight session when Tata Chemicals shares have moved northward, gaining more than 12 per cent in the period.

City Union Bank shares gain 8% after Q4 results; dividend, bonus announced

City Union Bank has reported 25% Y-o-Y rise in Q4 net profit to ₹360 crore. Besides, City Union Bank has declared a dividend of 200% and recommended a bonus issue in 1:3 ratio.

HUL Q4 preview: Revenue may grow in mid-single digit; key expectations

HUL Q4 earnings preview, dividend announcement: HUL is set to announce its March quarter results on Thursday. HUL could also recommend a final dividend for its shareholders.

Kirloskar Pneumatic Company zooms 13% on posting Q4 results; PAT up 79%

Kirloskar Pneumatic Company posted a consolidated net profit of ₹143.8 crore for Q4, as compared to ₹80.3 crore a year ago, up 79 per cent

TARIL shares jump 10% on ₹150 crore order win; stock up 25% in 1 month

TARIL is engaged in the design, engineering, manufacturing, testing, and supply of a wide range of transformers and reactors.

AC makers, power stocks rise up to 6% on demand surge amid severe heatwave

Analyst said that demand and consumption of electricity may further rise due to more intense heatwaves, with more frequent use of air conditioners, air coolers, and other appliances.

Torrent Power hits 52-week high; up 39% April: what's driving the rally?

Torrent Power is engaged in power generation, transmission and distribution businesses.

Paytm share price tumbles 8% after RBI cancels Payments Bank licence

Paytm share price today: Paytm Payments Bank was barred from onboarding new customers with effect from March 11, 2022.

Cohance Lifesciences shares zoom 20% to hit upper circuit; here's why

Cohance Lifesciences share price today: Cohance Lifesciences, a contract development and manufacturing organisation, has appointed Cipla's ex-CEO Umang Vohra as its executive chairman and group CEO.

Gold outlook: Range-bound with bearish bias; check support, resistance

Gold is expected to range trade with a bearish bias with a possible test of $4600 unless the US and Iran make material progress towards resolving the conflict through diplomatic channels.

IDBI Bank shares jump 8% after FM says 'disinvestment process to continue'

IDBI Bank disinvestment: FM Nirmala Sitharaman has said that the government will proceed with the stake sale in the lender.

Solar stocks fall up to 7% as US slaps antidumping duties on Indian imports

The US Commerce Department has announced preliminary antidumping duties on solar cells and panels imported from India, Indonesia ​and Laos.

Cochin Shipyard shares up 40% in April so far; time to buy or book profit?

Cochin Shipyard is a Miniratna company under the Ministry of Ports, Shipping, and Waterways.

UTI AMC shares fall 5% after Q4 results; brokerages see up to 29% upside

Today's sharp move in UTI AMC stock came after the asset manager reported a net loss of ₹51.4 crore in Q4FY26 versus a net profit of ₹102 crore clocked in the same quarter a year ago.

Analyst suggests bear & bull spreads on Nifty, AU SFB; check strategy

Nandish Shah of HDFC Securities suggests a bear spread strategy on Nifty and a bull spread strategy o AU Small Finance Bank.

Margin concerns and high valuations may cap gains for Nestle India

Nestle India reported strong Q4 growth, but rising raw material costs, sustained ad spends and high valuations may limit upside despite volume-led gains

Nifty IT index sinks 4%; HCLTech, Persistent Systems, Coforge dip up to 11%

IT stocks came under sharp selling pressure today after HCLTech's Q4 results and weak growth guidance.

GIG to invest up to ₹7,000 crore in unlisted businesses over 5 years

Godrej Industries Group plans to invest Rs 5,000-7,000 crore in unlisted businesses over five years as it targets higher growth and a larger market capitalisation by 2031

Crude outlook: Brent below $100, but risks persist as disruption lingers

The ceasefire has still not seen the normalcy resuming in the Strait, which raises concerns for demand destruction in the coming months as the scarcity has yet to fully materialise.