L&T said its buildings and factories business vertical won ‘significant’ orders across several states in India. It classifies orders in the ₹1,000 crore to ₹2,500 crore range as ‘significant’.
The production has been closed at the JLR Solihull plant due to an issue regarding parts, which involves a supplier, according to the report.
A lower excise duty impacts cost the cost burden for oil marketing companies, and with pump prices unlikely to change, the benefit is also retained.
In the current environment, the brokerage prefers defensive names and stocks that have corrected recently but continue to offer strong fundamentals. It has identified 10 stock ideas with up to 42% upside across three broad categories.
Middle East conflict tightens helium supply from Qatar, hitting chipmaking at VAT and others, risking cuts across electronics, automobiles and smartphones.
Motilal Oswal believes the company is well placed to benefit from the structural growth of India’s mutual fund industry, with overall QAAUM expected to grow at a 17% CAGR over FY26-28.
Sensex Today | Stock Market LIVE Updates: The Nifty continues to find resistance at higher levels. 23,500 is an important level to cross, while on the downside, 23,000 remains a key support. Traders may want to remain light on positions,…
For calendar year 2026 and 2027, Goldman Sachs has cut the earnings growth forecast to 8% and 13% respectively, from 16% and 14%, prior to the war in West Asia.
Oil prices edged lower while still remaining elevated and US equity futures gained as President Donald Trump delayed his deadline to reach a deal with Iran, improving market sentiment post a global equity sell-off.
Both acquisitions are expected to close in Q1FY27 and are likely to contribute around 1.2% to Infosys’ FY27 revenue, assuming nine months of consolidation.