Tata Motors faces margin squeeze despite strong sales growth
Tata Motors Passenger Vehicles reported a 9.3% rise in consolidated revenue in Q1FY27, but margins fell 120 basis points to 7.4%. Net profit plunged about 80% to Rs 775 crore, hit by…
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Lumino Industries sets IPO price band at Rs 78-82 per share
Lumino Industries, a Kolkata-based power cables and electrical wires maker, will launch its Rs 700-crore initial public offering on August 27. The company has fixed the price band at Rs 78-82 per…
Saatvik Green Energy shares jump on Rs 190 crore order win
Shares of Saatvik Green Energy rose 4.5% to Rs 419 on Friday, their biggest single-day gain in over a month, after its subsidiary Saatvik Solar Industries secured a Rs 190 crore order…
Meesho shares hit 3-month high, up 87.6% from IPO price
Meesho shares surged 5.4% on August 20 to Rs 207, a three-month high, extending their winning run for a fourth straight session. The stock is now trading 87.6% above its IPO price…
Motilal Oswal Initiates Buy On Aditya Infotech With Rs 705 Target
Motilal Oswal has initiated coverage on Aditya Infotech with a 'Buy' rating and a target price of Rs 705 per share. The brokerage expects the company's CP Plus brand to benefit from…
Motilal Oswal bullish on ONGC, sees upside in gas
Motilal Oswal has maintained a bullish stance on Oil and Natural Gas Corporation, citing attractive risk-reward. The brokerage expects ONGC's gas price realisation to continue rising, unlike Oil India, as 7-8% of…
Motilal Oswal sees ICICI Prudential AMC shares rising 23%
Motilal Oswal has set a target price of Rs 720 for ICICI Prudential Asset Management Company, implying a potential upside of 23% from current levels. The brokerage cited multiple growth drivers, including…
Symbiotec Pharmalab IPO to raise ₹1,757 crore from August 24
Symbiotec Pharmalab, an Indore-based pharmaceutical and biotechnology company, will launch its initial public offering on August 24 to raise ₹1,757 crore. The price band is fixed at ₹938-988 per share, valuing the…
India becomes Asia’s least-preferred stock market in BofA survey
India has replaced Indonesia as Asia's least-preferred stock market in a Bank of America survey of 98 fund managers managing $272 billion in assets, with 32% of respondents net underweight on Indian…
Titan Q1 profit surges on jewellery sales, brokerages raise targets
Titan Company reported a strong first-quarter performance for FY27, with consolidated revenues growing 29 per cent year-on-year, driven by its jewellery segment. Jewellery sales rose 30 per cent, excluding bullion and digital…
