BUSINESS
Hero MotoCorp shares fall 5% after Jefferies downgrades to 'Underperform', cuts target price by 11%
Hero MotoCorp share price: The shares of the bike-maker fell to Rs 5,513 apiece in the morning trading hours of Thursday, the lowest level seen by the stock in nearly five weeks.
BUSINESS
MCX fixes record date for 1:5 stock split: What it means for shareholders?
MCX stock split: MCX has fixed January 2 as the record date for its first-ever stock split.
BUSINESS
HRS Aluglaze shares hit 5% upper circuit after listing at 31% premium over SME IPO price
HRS Aluglaze IPO GMP: Ahead of their market debut, the unlisted shares of the company were trading with nearly 23% GMP over the IPO price.
BUSINESS
IndiGo, SpiceJet stocks could see some turbulence in near-term, say analysts; here are key levels for investors
Airline stocks: There has been disruption during the peak season for air travel, which should create temporary blip in the airline earnings, an analyst said.
BUSINESS
ICICI Prudential AMC shares to list Friday: This brokerage gives 'Buy' rating, sees up to 39% upside from IPO price
ICICI Prudential AMC share price: The Rs 10,603-crore IPO closed yesterday after being subscribed 39 times its offer size at a price band of Rs 2,061-2,065 per share.
BUSINESS
Morgan Stanley bullish on Reliance Industries, sees up to 20% upside: Here's why
Reliance Industries share price: Morgan Stanley noted that RIL has invested more than $80 billion since COVID-19 period, and these investments will likely begin to bear fruit from 2026 onwards.
BUSINESS
Vedanta shares rise 2% to fresh 52-week high as analysts say demerger offers 'value unlocking' potential
Vedanta share price: Kotak Institutional Equities upgraded its rating on Vedanta shares to 'Buy' from 'Add', and raised its target price for the stock to Rs 650 per share.
BUSINESS
Jefferies says Zepto's IPO plans, Swiggy's Rs 10,000-crore QIP won't trigger quick-commerce price war
Eternal-owned Blinkit continues to be the leader in the industry, with best-in-class profitability due to its growth-first strategy and aggressive store expansion, Jefferies said.
BUSINESS
KSH International IPO subscribed 26% on Day 2, analysts highlight long-term potential despite muted GMP
KSH International IPO GMP: Ahead of their market debut, the unlisted shares of KSH International were trading with 0-1.56% GMP over the IPO price.
BUSINESS
Shriram Finance shares rise 3% ahead of board meet on Friday to consider fundraising
Shriram Finance share price: The board may also discuss a possible deal with Japan's Mitsubishi UFJ Financial Group (MUFG), which is reportedly planning to acquire a minority stake in the gold financier.
BUSINESS
Meesho shares rally 20% after UBS initiates 'Buy' call, market cap nears Rs 1 lakh crore
Meesho share price: Meesho shares have now surged around 95% from IPO price, with market cap surging by nearly Rs 25,000 crore in just six sessions since market debut.
BUSINESS
Hind Zinc shares jump 3% to 16-month high as silver futures cross Rs 2.05 lakh/kg for first time
Hindustan Zinc share price: The shares of the Vedanta Group-company have now surged more than 29% in less than a month.
BUSINESS
Park Medi World shares settle 9% lower than IPO price after weak market debut
Park Medi World share price: The Rs 920-crore IPO of the company that operates hospital chain under the brand Park Hospital was subscribed more than 8 times its offer size from December 10-12.
BUSINESS
Nephrocare Health Services shares fall 4% after listing at 7% premium to IPO price
Nephrocare Health Services share price: The tepid market debut comes after the Rs 871-crore IPO of Asia's largest dialysis service provider was subscribed 14 times its offer size from December 10-12.
BUSINESS
Cello World shares drop 2.5% after Investec initiates 'Sell' call, warns of further downgrades: Here's why
Cello World share price: Investec kept a target price of Rs 530 apiece for the shares of the company, implying a downside potential of around 7% from the stock's previous closing price of Rs 571.30 per share.
BUSINESS
Meesho shares rally 74% from IPO price in five sessions; m-cap soars by Rs 14,000 crore since debut
Meesho share price: The company had a market capitalization of more than Rs 73,000 crore during its much-awaited market debut on December 10. At today's high, the company's market capitalization stood at over Rs 87,000 crore.
BUSINESS
Shakti Pumps shares rally 45% in four sessions after hitting record low: Here's why
Shakti Pumps share price: Although the stock has made some recovery, it is still down around 43% from its 52-week high, and nearly 85% lower than its all-time high of Rs 5,124.80 per share, which it had hit in October last year.
BUSINESS
Small, midcap stocks fall up to 8%; PB Fintech, Swiggy, Ola Electric among top losers: What lies ahead?
This drop in smallcap and midcap stocks is a manifestation of increased caution and a return to normal levels after the upward trend, rather than an indication of weakening of the underlying fundamentals in the long run, an analyst said.
BUSINESS
KSH International IPO subscribed 15% on Day 1, GMP remains flat: Here's why analysts recommend 'Subscribe'
The IPO which opened for public bidding today, will close on December 18, and aims to raise Rs 710 crore at a price band of Rs 365-384 per share.
BUSINESS
Axis Bank down 5% as management sees NIM pressure in Q3 as well; Bank Nifty falls 0.7% to trade near 59k
Axis Bank share price: Citi Research maintained its 'Neutral' call for the shares of Axis Bank, with a target price of Rs 1,285 apiece. This implies only a marginal upside potential from the stock's previous closing price of Rs 1,284.8 apiece.
BUSINESS
Fertiliser stocks surge after FM assures of ample supply in rabi season: FACT, Paradeep Phosphates rise up to 7%
Fertiliser stocks: 'Today we have a bumper buffer available of urea for the rabi season,' Finance Minister Nirmala Sitharaman said in the Lok Sabha, adding that this was done to meet the higher demand by farmers.
BUSINESS
Bharti Airtel shares rise 2% as Morgan Stanley increases target price, expects tariff hike in Q1FY27
Bharti Airtel share price: The international brokerage said that it expects the Indian telecom industry's repair phase to continue in the near term.
BUSINESS
Lenskart share price: Here's why Morgan Stanley sees 10% upside potential in the newly-listed stock
Lenskart share price: Morgan Stanley said that the company is a distinctive play on shifting lifestyle dynamics, and is largely insulated from macro headwinds.
BUSINESS
M&M, Eicher Motors, Bajaj Auto shares fall up to 2% amid Mexico's tariffs, profit booking
Auto stocks: The index closed as the top losing sector on the market today, snapping a two-session gaining streak.
