Page 27 - Markets

Patel Engineering shares up 4% on Arunachal Pradesh hydro project revival

Patel Engineering shares rose after it bagged a ₹1,700 crore restoration project from the Arunachal Pradesh Government for the development of a Hydropower Project

Nuvama downgrades SAIL to 'Reduce' on weak steel margins, rising debt

Nuvama Institutional Equities has downgraded the Steel Authority of India (SAIL) to 'Reduce', flagging concerns around excess flat steel supply in India and weak steel margins

IndiGo gains 2% as CEO says 'worst is behind us'; Stock up for 6th session

InterGlobe Aviation shares rose on Thursday after CEO Pieter Elbers said to employees that the "worst is behind us," following disruption at airports across the country

IOC shares slide 4%; BPCL, HCPL down 2%; What's dragging OMC stocks?

JM Financial said Brent crude is likely to remain subdued at around $65 per barrel in the near term, at least until the US mid-term elections in November 2026

KSH International IPO closes today; subscription lags at 35%, GMP flat

KSH International IPO comprises a fresh issue of 10.9 million shares worth up to ₹420 crore and an OFS of 7.6 million equity shares worth up to ₹290

Investing in Gujarat Kidney IPO? Check 5 key risks before you decide

Gujarat Kidney IPO will be offered at a price band of ₹108 to ₹114 per share, with a lot size of 128 shares

Amber Enterprises target price cut at JM Financial; check outlook, target

JM Financial cut its earnings per share estimates for the FY25-26 to FY27-28 period by 3-5 per cent to account for higher minority interest and lower revenue assumptions for FY27-28

Sun Pharma shares fall over 2% after USFDA flags facility as OAI

The USFDA conducted an inspection at the company's Baska facility from 8 September 2025 to 19 September 2025 and has subsequently classified the inspection outcome as Official Action Indicated (OAI)

Anchor lock-in expiry to unlock $24 billion worth shares by March 2026

The expiry of anchor lock-ins is closely tracked by market participants as it can influence post-IPO stock performance

PL Capital starts with 'Buy' on ICICI Pru AMC ahead of listing; target here

Analysts at PL Capital expect ICICI Prudential AMC's equity AAuM to grow at a CAGR that is 2.5 per cent higher than the industry average over FY25-28

Motilal Oswal backs SBI as preferred pick; 7 reasons behind bullish call

The public sector lender, the analysts said, has delivered a strong performance in recent years, supported by steady business and revenue growth alongside well-contained credit costs

Nuvama calls Saregama a 'recession-proof' pick; bets on strategic tie-up

Nuvama believes the company's growth trajectory remains well positioned, supported by a diversified mix of revenue streams including music licensing, video content, artist management and live events

Stock Market Highlights: Sensex falls 3rd day, down 120 pts; Nifty ends at 25,818; Cons Durables dip

Sensex Today | Stock Market Highlights on December 17, 2025: In the broader market, the BSE MidCap and the SmallCap indices ended lower by 0.54 per cent and 0.73 per cent, respectively

ICICI Sec starts coverage on Leela Palaces with 'Buy'; 45% upside seen

ICICI Securities has set a target price of ₹600 for Leela Palaces Hotels and Resorts, based on a 22x EV/Ebitda on December 2027 earnings estimates for its hotels business

VLS Finance share price soars 12% on bourses; here's what is fuelling rally

VLS Finance has announced that it proposes to buy back up to 26,31,578 fully paid-up equity shares of face value ₹10 each, for an aggregate maximum amount not exceeding ₹99.99 crore

Blue Cloud shares rise 4% on BSNL 5G FWA empanelment in Maharashtra, Goa

Blue Cloud Softech Solutions was empanelled as an official partner of Bharat Sanchar Nigam Ltd. for 5G Fixed Wireless Access (5G FWA) services.

Motilal Oswal retains Buy on Vishal Mega Mart, sees 25% upside; here's why

MOFSL said Vishal Mega Mart's management remains optimistic about sustaining double-digit Same Store Sales Growth on an annual basis for a fairly long period

Steel cos to face near-term headwinds, warns Elara Capital; flags 4 reasons

Elara expects steel companies to face near-term headwinds, driven by softer steel prices alongside rising raw material costs, which are likely to result in margin compression in Q3FY26

Meesho shares jump 19%, extend gains to nearly 90% over IPO price

Meesho stock rose as much as 19 per cent during the day to a new high of ₹214.4 per share, the best session since listing on December 10 this year

Ahluwalia Contracts share price rises 5% on winning ₹888 crore order

Ahluwalia Contracts (India) share price jumped over 7% in Wednesday's session. As of now, the stock price pared gains and was trading 3.61% higher at ₹986.51 apiece.