Consumption in spotlight, metals steady, defence looks stretched: Old Bridge CIO
Kenneth Andrade from Old Bridge Mutual Fund expects higher margins for consumer durables, autos, with steady metals and limited defence upside.
Uncategorized
New SC bench to hear PIL against Vedanta citing Viceroy Report after judge recuses
The PIL relies on allegations made in the Viceroy Report, which claims that Vedanta and its subsidiaries engaged in fraudulent practices, including the diversion of funds through disproportionately large dividends and artificial brand fees, as well as manipulating share prices.
DEE Development Engineers shares gain after commissioning balance part of Anjar facility
This comes a week after DEE Development Engineers bagged a Letter of Intent (LoI) worth ₹170 crore from an public sector undertaking in the power sector. The order covers the supply of about 1,900 MT of critical piping for two…
Five reasons why all metal stocks but one are shining in Monday’s trade
Metal stocks are among the top gainers in trade today, with the Nifty Metal Index climbing as 14 of its 15 constituents rose. The rally was led by steel majors like SAIL and JSW Steel, each up around 4%, driven…
Investors are looking beyond the US, and India must stay ready: DBS’ Taimur Baig
Turning to India, Taimur Baig, MD & Chief Economist at DBS Group Research said the country’s market valuations could drive outward investment opportunities.
Auto stocks from Tata Motors to M&M remain top gear as GST buoyancy continues
Auto stocks from Tata Motors to Mahindra & Mahindra are witnessing strong buying interest, fueled by recent GST rate cuts on several vehicles. Key automakers have passed on the full GST benefits to buyers, driving a surge in stock prices…
Hero MotoCorp appoints Harshavardhan Chitale as new CEO, effective January 2026
With Chitale’s appointment, Vikram Kasbekar, who has been serving as the Acting CEO, will step down from the role but continue as Executive Director and Chief Technology Officer (CTO) of the company.
Motilal Oswal projects 60% ‘bull case’ upside for this industrial gases company
Motilal Oswal also expects a 39% revenue CAGR, 49% EBITDA CAGR and a 52% Profit After Tax CAGR for the company over financial year 2025-2028.
Alibaba shares rose after release of its biggest AI model yet
The company is also investing heavily in AI and robotics. The Group’s Alibaba Cloud on Sunday (September 7) led a $100 million funding round in Shenzhen-based startup X Square Robot, CNBC reported.
Leveraged bets by Indian investors near ₹1 lakh crore; a 13x jump in five years
Blue chip stocks like Reliance Industries, TCS and Tata Motors feature among the most leveraged under the MTF, along with other PSU names like Hindustan Aeronautics (HAL), Bharat Electronics (BEL) and Mazagon Dock Shipbuilders, as of last Friday’s close.