Navin Sahadeo, Analyst of ICICI Securities expects continued high dividends from UltraTech Cement and improving traction in Grasim’s paints and B2B e-commerce businesses. Meanwhile, the cement sector faces near-term pressure, with the July-September quarter of 2026 (Q2FY27) realisations expected to…
The company reported operating income of ₹291 crore in Q1 FY27, up 81% from ₹161 crore in the year-ago quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 89% year-on-year to ₹261 crore, while the operating EBITDA margin expanded…
The Indian currency opened at 95.44 per US dollar, compared with Tuesday’s (August 25) close of 95.41. The week started on a positive note for the currency, as on Monday, the rupee had opened at 95.64 against the US dollar.
Copper prices hit a new record high in New York, while they remained at least $300 short of the previous record on LME.
The transaction involved 1 crore shares, or 2% of ICICI Prudential AMC’s total equity, changing hands, according to exchange data. The shares were offered in a price range of ₹2,998-₹3,158 apiece, representing a discount of around 7%-2% to the stock’s…
According to exchange data, around 2.1 crore shares, or 3.37% of the company’s total outstanding equity, changed hands in the block deal.
The stock has surged nearly 40% this year, and there’s more to come, say analysts at Motilal Oswal.
US inflation held steady at 3.7% in July, above the Fed’s 2% target, intensifying debate on interest rates. Strong Q3 GDP growth is expected.
Understanding a business, assessing management quality, evaluating balance sheets, studying sector trends and judging valuations require depth and experience. But the scale and speed of modern markets demand stronger analytical support. Hence, nearly 84% of Indian stockbrokers plan to increase…
Morgan Stanley reaffirmed its ‘Overweight’ rating on Adani Energy Solutions with a target price of ₹1,943, citing a strong order pipeline after a ₹4,700-crore Maharashtra project win.