The contract covers annual maintenance contract (AMC) services for servers, storage systems, network equipment and network-security devices, along with licence renewals.
Indian rupee LIVE updates: The Indian rupee hit a record low of 91.14 per dollar amid FII outflows and uncertainty over the India–US trade deal, dropping 1% in five sessions as dollar demand persists.
Antique in its note said that Adani Power is set for a multi-year earnings upcycle, driven by a 2.3x capacity expansion from 18.15 giga watt (GW) in financial year 2025 (FY25) to 41.9 GW by financial year 2033.
The Nifty IT index is still down 15% on a year-to-date basis, despite the stocks recovering 13-14% from the lows made in September this year.
Karan Taurani of Elara Capital has an ‘Accumulate’ rating on PVR INOX with a target price of ₹1,225. He estimates FY26 EBITDA at around ₹850 crore (pre-Ind AS) and says a meaningful valuation upgrade will depend on sustained occupancy gains…
Gold rose to $4,311.64 per ounce, driven by a weak US dollar and Fed rate cut hopes, while silver neared all-time high on strong industrial demand and tight supplies, especially in India.
With the new order, Inox Wind said its total order inflow for the financial year 2026 stands at 600 MW, with an additional 2.5 giga watt (GW) of framework agreement to be executed over the next three years.
The Indian rupee hit a record low of 90.82 per dollar, pressured by NDF maturities, FPI outflows, and US tariffs. BSE Sensex and Nifty 50 slipped, while RBI intervened to limit losses.
Axis Bank has revised its outlook, saying NIMs are now expected to trough in either the fourth quarter or the first quarter of FY26, compared with its earlier guidance of the third quarter.
Of the 29 analysts that have coverage on Avenue Supermarts, eight have a “buy” rating, 12 have a “hold” rating and nine have a “sell” rating. The consensus estimates of price targets from analysts imply a potential upside of 10.6%…