Aurobindo Pharma shares gain after USFDA classifies Telangana facility as VAI
Aurobindo Pharma shares rise nearly 2% after USFDA issues Establishment Inspection Report, classifies Telangana Unit-VII as Voluntary Action Indicated, closing inspection.
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United Breweries shares fall 5% after warning of cost pressures; Here are key triggers
22 analysts have coverage on United Breweries, of which 10 have a “buy” rating, eight say “sell”, and four have a “hold” recommendation. Equirus Securities downgraded the stock to “reduce” and has a price target of ₹1,424.
SRF shares in focus after solid Q4; ups capex to expand capacity
SRF has approved a ₹2,300 crore investment, up from ₹1,100 crore announced in October 2024, to set up a 20 ktpa HFO plant along with a new 30 ktpa HF facility and downstream value-added derivatives. The project will be executed…
Trump pauses effort to escort ships in Strait of Hormuz, citing deal progress
Trump pauses Project Freedom ship escorts in Strait of Hormuz amid progress on Iran deal, Operation Epic Fury declared over, oil prices fall, ceasefire holds but tensions and attacks persist
These stocks are likely to benefit from the ECLGS 5.0 announcement
The scheme targets ₹2.55 lakh crore in incremental credit, including a dedicated ₹5,000 crore window for the aviation sector.
Gold rises over 1%, silver jumps 2% as oil prices ease
Gold and silver prices rise on global bullion recovery as oil falls on Iran deal hopes, with traders watching US jobs data and Fed rate outlook.
L&T shares get a downgrade from Nomura, HSBC cuts target after Q4 results
Nomura said that L&T is trading at 32 times and 26 times its estimated financial year 2027 and 2028 core earnings, implying lesser comfort on valuations due to near-term uncertainties and limited visibility on improving Return on Equity (RoE).
Zen Technologies launches India’s first AI-powered integrated anti-drone system
Shares of Zen Technologies Limited ended at ₹1,532.85, up by ₹6.80, or 0.45%, on the BSE.
Supreme Court directs MSEDCL to pay ₹250 crore to JSW Energy in tariff dispute
Shares of JSW Energy Ltd ended at ₹562.00, down by ₹0.65, or 0.12%, on the BSE.
Coinbase cuts 14% jobs, shifts to lean AI-first model, says CEO Brian Armstrong
Coinbase cuts 14% jobs as CEO Brian Armstrong pushes lean AI-first structure, citing market slowdown and rapid automation reshaping work across the company.