Ace investor Mukul Agrawal bought nearly 60 lakh shares of Hindustan Construction Company (HCC) and 4.5 lakh shares of Capacit’e Infraprojects during the fourth quarter of FY26, increasing his stake in the two smallcap companies, according to the latest shareholding data on NSE. The market veteran and founder of Param Capital Group, with over two […]
ITDC shares rally 40% in two days, skyrocket 67% in seven sessions. What’s behind the surge?
The shares of India Tourism Development Corporation (ITDC) rallied more than 16% on Friday, extending its gaining streak to the seventh consecutive session during which it rallied more than 67% despite volatility in broader markets. After hitting a fresh 52-week low of Rs 368 apiece on March 30, the stock has sharply rallied in April […]
Oil prices to settle at $75-80 in 2 months, Nifty to touch 29K by March 2027, says Emkay. Here’s why
Emkay Global Financial Services expects oil prices to stabilise in the $75 to $80 range over the next one to two months and sees the Nifty 50 touching 29,000 by March 2027, as easing geopolitical tensions set the stage for a recovery in Indian equities. The brokerage believes the U.S.-Iran ceasefire could mark the beginning […]
RailTel Corporation shares jump 4% after securing Rs 23.18 crore order
Shares of RailTel Corporation of India climbed 4.17% to an intraday high of Rs 294.20 on Friday after the company secured a Rs 23.18 crore work order. The contract, awarded by the Goa Building and Other Construction Workers Welfare Board, involves developing a dedicated online portal to streamline the board’s services and operational process The […]
Sun Pharma shares tumble 4% as firm closes in on $12-billion Organon acquisition. What’s spooking investors?
Shares of Sun Pharmaceutical Industries tumbled more than 4% to Rs 1,643.60 on Friday after The Economic Times reported that the pharma major has submitted a $12-billion binding offer for Organon & Co., entering the final stage of its most ambitious overseas acquisition bid. The stock emerged as the top loser on the Sensex and […]
Groww shares hit all-time high, jump 18% in just 3 sessions! What’s driving the surge?
Shares of Billionbrains Garage Ventures, the parent company of Groww, rallied as much as 5.3% to hit an all-time high of Rs 197 on the BSE on Friday to extend gains for a third session and rally nearly 20% over the same period. Today’s surge was backed by strong volumes, with around 2 crore shares […]
Is Nifty’s cheap-looking valuation a mirage? Why $100 oil could trap value hunters
India’s stock markets face a critical test as seemingly attractive valuations risk turning into a value trap, with analysts warning that sustained crude oil prices above current levels could trigger a fresh wave of earnings downgrades for FY27. BofA Securities has already slashed its Nifty earnings growth forecast to 8.5% for FY27 from 14% pre-conflict […]
Positive Breakout: These 9 stocks cross above their 200 DMAs
As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Source link
TCS Q4 net profit jumps 12% to Rs 13,718 crore on strong deal wins, weak rupee
Mumbai|Bengaluru: Tata Consultancy Services (TCS), India’s largest software services company, posted a 12% rise in net profit to ₹13,718 crore in the March quarter, while revenue rose 9.6% to ₹70,698 crore. Sequentially, profit was up 19.4% and revenue rose 5.4%. The numbers exceeded or matched expectations after several quarters of muted growth, aided by a […]
Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJet
Indian equity markets snapped a five-day gaining streak on April 9, witnessing profit booking after the sharp rally in the previous session. Analysts say the index formed a bearish candle with a lower high and a lower low signaling profit booking after a sharp up move of 1800 points in the last 4 sessions. In […]