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Kotak said that it would look for consistent earnings delivery versus already-high expectations before adopting a more constructive view on the Aether Industries stock.

HSBC has valued Vishal Mega Mart at 65x target price-to-earnings multiple, a 15% discount to Trent’s standalone business.

The number of shares that will be freeing up for trading amount to $17 billion in value, according to the latest note by Nuvama Alternative and Quantitative Research.

In March 2025, Dilip Buildcon’s joint venture had secured a contract from BSNL for Bharat Net Phase III project.

Drew Pettit, Director of US Equity Strategy and ETF Research at Citi, maintained a neutral stance on the US, noting that while underlying fundamentals remain strong, much of the positive outlook is already priced into valuations.

At the interbank foreign exchange, the rupee opened at 86.65 against the US dollar before rising to 86.60, up 13 paise from its previous close.

As highlighted by HSBC, Page Industries’ topline growth will moderate as all three segments are missing drivers, unlike the past when at least one of the segments achieved above-average growth.

In India, gold traded at ₹1,00,480 per 10 grams for 24 karat purity and ₹92,100 for 22 karat, according to Goodreturns.

Uday Kotak welcomed the rise of equity investments among Indian households, calling it a structural shift. But he also urged caution, warning against “excessive exuberance” as mutual fund assets surge to 31% of bank deposits.

Shares changed hands at an average price of ₹197 per share, taking the total transaction value to ₹440 crore. Buyers and sellers the transaction are not known.