Ashok Leyland shares are set for the best annual returns in 10 years and Nomura sees further upside
Ashok Leyland remains Nomura’s preferred pick in the CV sector. Its EPS estimates for the stock are 19% and 20% ahead of consensus for financial…
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Dixon Tech growth uncertainty over IT hardware import norms may drag stock further, Morgan Stanley says
According to the brokerage, the continuation of the Import Management System could allow global brands such as Acer, Lenovo, HP, and Asus to continue importing…
Saregama eyes 30% of new Hindi film music from Bhansali Productions
The investment is structured through convertible preference shares, with Saregama’s stake set to depend on Bhansali Productions’ financial performance and an option to raise its…
Groww, Lenskart, ICICI Prudential AMC shares rise up to 7% with trading volumes of over ₹3,000 crore
Shares of recently listed Billionbrains Garage Ventures Ltd., Lenskart Solutions Ltd., and ICICI Prudential AMC Ltd. gained by as much as 7% today, accompanied by…
HCC shares jump 10% after ₹1,000 crore rights issue sees full subscription
Existing shareholders of HCC will be entitled to 277 rights equity shares for every 630 fully paid-up equity shares held as on the record date.
Bondada Engineering shares gain 5% after winning ₹945 crore solar power order in Rajasthan
Bondada Engineering said the order is expected to be executed within the stipulated timeline and will contribute meaningfully to the firm’s revenue growth over the…
Gold price could hit $10,000 by 2029 end, says Ed Yardeni
Ed Yardeni of Yardeni Research forecasts continued gains in US equities, projecting the S&P 500 at 7,700 by end-2026 and 10,000 by 2029. Yardeni said…
Rupee recovers from recent lows: Key drivers behind the move
The Indian rupee rose to 89.45 per US dollar, aided by RBI intervention, foreign fund inflows, and strong equities, but remains Asia’s weakest currency in…
Stocks to Buy: Welspun Group company has the potential to rise 32%, Nuvama says
With a robust capacity arsenal, Welspun Corp is planning to participate in infrastructure growth in India and energy independence efforts in the US, Nuvama said.
Upper Circuit Stocks: Defence company share surges 5% after twin DRDO approvals
The technologies will enable Apollo Micro to design, manufacture and support critical DEW sub-systems for defence applications and enhance indigenous capability in advanced weapon systems.