HDFC Securities CEO Dhiraj Relli said midcap and smallcap stocks have faced sharp selling pressure, with retail investors and HNIs driving much of the activity.
Tata Motors’ commercial vehicle business reported a 42% year-on-year revenue jump in Q2 FY27, while net profit more than doubled, beating estimates. Wholesales rose 42%, and strong cash generation pushed the business into a net cash position.
Strong order inflows and healthy near-term prospects are supporting power and industrial companies, but valuations remain a concern for Mirae Asset Mutual Fund. Senior fund manager Ankit Jain flags potential delays in global AI investments and capital expenditure, while a…
IndusInd Bank reported a net profit of ₹1,242 crore for Q2 FY27, compared with a loss of ₹437 crore a year ago, beating the CNBC-TV18 poll estimate of ₹1,066 crore. Gross and net NPA ratios declined sequentially, while the bank’s…
PL Capital Chairperson and Managing Director Amisha Vora believes the recent market correction has improved valuations and created opportunities for long-term investors willing to stay patient. She prefers power, pharma, capital goods and select lenders, while also seeing potential in…
Steel Strips Wheels is one of the stocks bucking the trends amidst the midcap and smallcap sell-off after its Q2 results. The stock has more than doubled in value on a year-to-date basis.
Tonbo Imaging Founder and CEO Arvind Lakshmikumar says the company’s investments over the past decade are expected to drive the next phase of growth, with platform systems contributing from FY29 and high-power microwave systems from FY30.
Dhruv Bhatia, Fund Manager-Equity at Edelweiss Mutual Fund, says the recent selloff in mid- and small-cap stocks is largely a phase of profit booking rather than a structural change in market leadership. He remains constructive on select mid-caps, private banks,…
At the end of the September quarter, Sterlite Tech’s open order book has grown nearly 4.6x from last year to ₹35,274 crore, while backlog schedule stood at ₹32,253 crore. Net cash balance during the end of the quarter stood at…
SEBI’s Project Jagrook aims to improve financial literacy through its Samajh Se Investing Simple campaign, helping investors understand market risks, verify payments and avoid investment fraud.