Moneycontrol PRO
HomeAuthorDebaroti adhikary News

Debaroti Adhikary

Senior Sub Editor

Moneycontrol

Trent shares fall 8% after revenue growth stays flat sequentially; brokerage outlook mixed

BUSINESS

Trent shares fall 8% after revenue growth stays flat sequentially; brokerage outlook mixed

Trent share price: The sharp fall in the share price wiped off Rs 13,146 crore from Trent's market cap in just five minutes since opening on Tuesday.

Amara Raja doubling down on building local distribution network in US amid tariffs: Report

BUSINESS

Amara Raja doubling down on building local distribution network in US amid tariffs: Report

Amara Raja share price: The stock has risen more than 3 percent in the past five days, but fell around 2 percent in the past one month.

Cupid shares fall 20% for 2nd straight session after 550% jump in 2025: Here's what analysts say

BUSINESS

Cupid shares fall 20% for 2nd straight session after 550% jump in 2025: Here's what analysts say

Cupid share price: The shares of the condom-maker dropped to a one-month low of Rs 337.10 apiece on Monday, before recovering some losses.

HDFC Bank shares fall 2% after Q3 business update; Union Bank jumps 4% to fresh 52-week high

BUSINESS

HDFC Bank shares fall 2% after Q3 business update; Union Bank jumps 4% to fresh 52-week high

Union Bank of India shares meanwhile gained more than 4 percent to a fresh 52-week high of Rs 162.99 apiece.

Premier, Waaree Energies shares fall up to 7%, down up to 9% since F&O inclusion

BUSINESS

Premier, Waaree Energies shares fall up to 7%, down up to 9% since F&O inclusion

Bernstein on Monday maintained its 'Underperform' rating on both Premier and Waaree Energies, seeing up to 26% downside potential.

Infosys, HCLTech shares fall 2% as CLSA says 'trim your positions', expects soft Q3 earnings for IT sector

BUSINESS

Infosys, HCLTech shares fall 2% as CLSA says 'trim your positions', expects soft Q3 earnings for IT sector

The international brokerage has downgraded HCLTech shares to 'Hold' from ‘Outperform’, and cut its rating for Tech Mahindra to 'Outperform' from 'High Conviction Outperform'.

RIL shares hit record high, ONGC jumps up to 2% after US raids Venezuela: Here's what analysts say

BUSINESS

RIL shares hit record high, ONGC jumps up to 2% after US raids Venezuela: Here's what analysts say

Jefferies said that the potential US takeover could lift sanctions on Venezuelan crude exports. It further highlighted how Reliance Industries and ONGC may benefit from this.

Defence stocks soar after US raids Venezuela; BEL, Paras Defence, HAL jumps up to 5%

BUSINESS

Defence stocks soar after US raids Venezuela; BEL, Paras Defence, HAL jumps up to 5%

Defence stocks jumped possibly due to expectations of sustained tensions after US raided Venezuela, abducting its President Nicolás Maduro and his wife.

'No opportunities to invest': Here's why fund manager Siddhartha Bhaiya was sitting on 80% cash in late 2024

BUSINESS

'No opportunities to invest': Here's why fund manager Siddhartha Bhaiya was sitting on 80% cash in late 2024

The popular market expert and managing director of Aequitas has passed away on Dec 31 after suffering a cardiac arrest at the age of 47.

LIC loses Rs 11,500 crore as ITC shares decline up to 14% in two days: Here's why

BUSINESS

LIC loses Rs 11,500 crore as ITC shares decline up to 14% in two days: Here's why

The sharp selloff in ITC shares wiped out Rs 13,740 crore from three state-run insurers' portfolio in just two days.

Fund manager Siddhartha Bhaiya passes away at 47: Here's why he recently said 'Indian equities in a bubble of epic proportions'

BUSINESS

Fund manager Siddhartha Bhaiya passes away at 47: Here's why he recently said 'Indian equities in a bubble of epic proportions'

Aequitas confirmed the news, stating that Bhaiya passed away on December 31 while on a family vacation in New Zealand.

Budget 2026 likely to be presented on Sunday, February 1, reports CNBC-TV18

BUSINESS

Budget 2026 likely to be presented on Sunday, February 1, reports CNBC-TV18

Nirmala Sitharaman will break her own record and become the first Indian Finance Minister to present the Budget for the nine consecutive sessions.

NTPC, JSW Energy rise up to 4% as Jefferies expects power stocks to rebound in 2026

BUSINESS

NTPC, JSW Energy rise up to 4% as Jefferies expects power stocks to rebound in 2026

Jefferies said that renewable energy purchase agreements and thermal power capacity additions will likely gather pace in 2026.

Olectra Greentech shares jump 6% as operations begin at Hyderabad EV plant; JBM Auto up 8%

BUSINESS

Olectra Greentech shares jump 6% as operations begin at Hyderabad EV plant; JBM Auto up 8%

The facility is expected to have an annual per shift production capacity of 2,500 buses.

Devyani Intl shares jump 8%, Sapphire Foods down 6% on merger deal; JM Financial sees up to 45% upside in combined m-cap

BUSINESS

Devyani Intl shares jump 8%, Sapphire Foods down 6% on merger deal; JM Financial sees up to 45% upside in combined m-cap

A shareholder owning 100 shares of Sapphire Foods as on the record date will get 177 shares of Devyani International after the conclusion of the merger.

Brokerages bearish on ITC as excise duty on cigarettes may hit earnings growth, slash target prices by up to 34%

BUSINESS

Brokerages bearish on ITC as excise duty on cigarettes may hit earnings growth, slash target prices by up to 34%

ITC share price: The sharp selloff has wiped off around Rs 72,000 crore from the company’s market capitalization in just two days.

MCX adjusts to 1:5 stock split: Here's why you should ignore the 80% plunge

BUSINESS

MCX adjusts to 1:5 stock split: Here's why you should ignore the 80% plunge

MCX share price: In reality the stock jumped around 4 percent to hit a fresh 52-week high of Rs 2,278 apiece, adjusting for the stock split.

Vodafone Idea shares jump 4% as report says AGR dues to be halved after reassessment

BUSINESS

Vodafone Idea shares jump 4% as report says AGR dues to be halved after reassessment

Vodafone Idea share price: Another report said that the company the AGR relief package recently approved by the Union Cabinet is setting the stage for the government’s exit from the telecom company.

Sapphire Foods set to merge with Devyani International: What it means for shareholders

BUSINESS

Sapphire Foods set to merge with Devyani International: What it means for shareholders

As part of the merger, Sapphire Foods will merge into Devyani International through a share-swap mechanism.

ITC shares fall 5% to fresh 52-week low on multiple rating downgrades: Check latest target prices

BUSINESS

ITC shares fall 5% to fresh 52-week low on multiple rating downgrades: Check latest target prices

ITC share price: The shares of ITC extended significant losses for the second consecutive session after the government notified new excise duty on cigarettes, effective from next month.

'Outlook for 2026 is cautious yet constructive': Here's what analysts expect for SME IPOs after subdued 2025 performance

BUSINESS

'Outlook for 2026 is cautious yet constructive': Here's what analysts expect for SME IPOs after subdued 2025 performance

Several of these IPOs resulted in either muted or even discount listings in 2025, resulting in sharp losses for investors as these issues come with large lot sizes in comparison to mainboard IPOs.

Zydus Wellness shares rise 10% in two days as Motilal Oswal gives 'buy' rating, sees up to 35% upside

BUSINESS

Zydus Wellness shares rise 10% in two days as Motilal Oswal gives 'buy' rating, sees up to 35% upside

Zydus Wellness share price: The domestic brokerage said that the company is a diversified health and nutrition company with leadership in several consumer wellness categories.

ITC shares crash 10%: Rajiv Jain's GQG, PPFAS are among leading institutions to have over 1% stake in the firm

BUSINESS

ITC shares crash 10%: Rajiv Jain's GQG, PPFAS are among leading institutions to have over 1% stake in the firm

ITC share price: A total of 46 mutual funds held 14.3% stake in the company at the end of September 2025 quarter

ITC share crash impact: Nifty FMCG index falls 3% to near 9-month low

BUSINESS

ITC share crash impact: Nifty FMCG index falls 3% to near 9-month low

FMCG stocks: ITC shares dropped 10% on Thursday after the government imposed new excise duty on cigarettes

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347