SBI Card shares fall as Goldman Sachs downgrades after sharp up-move to 52-week high

Goldman Sachs cut its rating on SBI Card to ‘Neutral’ from its previous stance, with a revised price target of ₹1,006 per share.

Goldman Sachs cut its rating on SBI Card to ‘Neutral’ from its previous stance, with a revised price target of ₹1,006 per share.

Tamilnad Mercantile Bank reported a 9.9% year-on-year rise in total business for Q1 FY26, driven by steady growth in deposits and advances.

In 2024, Lodha Developers acquired V Hotels through the Insolvency and Bankruptcy Code (IBC) process. The ED had subsequently launched a probe into the alleged misconduct by the hotels’ erstwhile promoters and moved to attach assets worth ₹520 crore.

Afcons Infrastructure’s Managing Director Paramasivan Srinivasan told CNBC-TV18 in May that the company is targeting a strong 20–25% revenue growth in FY26, bouncing back from a weak FY25. This growth optimism is backed by a robust order pipeline. Afcons has…

Sigachi has committed to an ex-gratia compensation of ₹1 crore to the family of the deceased, while those injured will receive full medical and rehabilitation.

Kallat’s comments come after the company informed exchanges that certain lounge access programmes for Axis Bank and ICICI Bank had been discontinued, even though contracts with both clients remain active. .

Out of the 10 analysts that have coverage on the downgraded defence stock, five of them have a “buy” rating, four say “hold”, while one has a “sell” rating.

In June 2025, Adani Ports handled cargo volumes of 41.3 million metric tonne (MMT), registering a 12% growth from the previous year. The increase was primarily led by a 15% surge in container cargo from last year, the Adani Group…

Ahead of the issue launch, Crizac has garnered ₹258 crore from anchor investors. The company informed the bourses that it allocated 1.05 crore equity shares at ₹245 per share on July 1 to anchor investors.

The partnership, part of LTTS’ Mobility segment, will contribute to building a unified, future-ready product development platform for Traton, focused on scale, speed, and sustainable mobility solutions, the company said in a stock exchange filing.