Earnings cuts, capex delay loom as oil stays high: Nomura

Aurodeep Nandi, India Economist and Executive Director at Nomura, has trimmed India’s FY27 real GDP growth estimate to around 7%, while raising inflation forecasts.

Aurodeep Nandi, India Economist and Executive Director at Nomura, has trimmed India’s FY27 real GDP growth estimate to around 7%, while raising inflation forecasts.

23 analysts have coverage on Delhivery, of which 19 have a “buy” rating, three say “hold” and one has a “sell” rating on the stock. The consensus estimates of price targets implies an upside potential of 22% from current levels.

The Centre has notified a new “switch to PNG” framework that lays down uniform rules for city gas distributors to roll out gas pipelines.

For midcaps and smallcap stocks, DSP MF advises a more cautious stance or allocation to active managers, with a focus on valuations and quality in a Systematic Investment Plan (SIP) mode.

While shares of Havells India and Voltas have declined 23% each so far from their respective 52-week highs, shares of Voltas are down 14% from their recent peak.

As per regulations, traders must maintain at least 50% of their collateral in cash or cash equivalents for intraday positions.

BofA Securities expects Infosys to retain its EBIT margin guidance in the 20%-22% band, with FY27 revenue growth seen at 1.5%-4.5% year-on-year in constant currency terms. For HCLTech, revenue growth guidance is estimated at 2.5%-5.5% year-on-year in constant currency.

Larsen and Toubro wins significant Guwahati water project as L and T Water and Effluent Treatment secures Assam order despite recent profit drop and volatile share performance.

PG Electroplast had earlier informed the exchanges that it was facing constraints with regards to LPG gas, due to the ongoing war in West Asia, which has resulted in gas suppliers restricting the supply, which ended up impacting the production…

Deven Choksey, Managing Director of DRChoksey Finserv, prefers IT stocks for near-term gains, expecting companies like Infosys, Persistent Systems, HCLTech, and select mid-tier firms in embedded technology to rebound quickly if market conditions stabilise. He remains positive on retail-focused NBFCs,…