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Of the 21 analysts that have coverage on CEAT, 15 have a “buy” rating and three have “hold” and “sell” rating each.

The Indian Oil Group company said that an initial investment of around ₹400 crore has been planned for setting up petrol and diesel retail outlets over the next two to three years.

Zepto is looking to raise around $800 million in its IPO, an increase from an earlier plan of $400-500 million.

Ulrich Urbahn, head of multi-asset strategy and research at Berenberg, said optimism around artificial intelligence following earnings was also driving sentiment, while a weaker dollar has boosted the value of international stocks. Meanwhile, “investors are less scared of Trump given…

Among stock picks, Probal Sen, Energy Analyst at ICICI Securities, noted that compressed natural gas (CNG) volumes surprised on the upside in the third and fourth quarters, prompting ICICI Securities to revise estimates upwards.

Ridham Desai argued that investors who lean too heavily on price-to-earnings ratios may be missing the point.

SEBI now allows automated release and sale of pledged securities. Earlier, brokers had to first unpledge shares before delivering them, causing delays and manual steps.

Other defence-related shares also rallied. Stocks like Mazagon Dock Shipbuilders and Garden Reach Shipbuilders & Engineers (GRSE) gained 3% and 10%, respectively, during the session.

The HDB Financial IPO comprises a fresh issue of ₹2,500 crore and an offer for sale (OFS) of ₹10,000 crore by parent HDFC Bank, which currently holds a 94.3% stake in the company.

IEX Share Price | The Real-Time Market (RTM) saw its highest-ever monthly volume, reaching 4,770 MU, 42% more than 3,352 MU in May 2024.