BUSINESS
Nestle India share price rises 4% after Q2 results beat estimates, top Nifty gainer; brokerages positive on sales, volumes
Nestle India's Q2 results prompted upbeat commentary from brokerages such as CLSA and Morgan Stanley, which highlighted strong volume-led sales growth and a better-than-expected performance on profitability.
BUSINESS
Nestle India Q2 net profit down 24% YoY to Rs 753 crore, beats estimates; double-digit sales growth across segments
Nestle India's net profit for the quarter, down from than in the same quarter a year ago, reflected the impact of the absence of exceptional gains.
BUSINESS
Axis Bank stock rating - Buy; Analysts positive after Q2 results; check share price targets, upside
Analysts said that Axis Bank’s underlying trends in credit growth and asset quality remain encouraging despite near-term volatility in reported earnings.
BUSINESS
Hyundai Motor stock call: Brokerages say buy after Rs 45,000-cr investment plan; check target prices, upside
Morgan Stanley, HSBC and Nomura offered bullish views on Hyundai Motor India shares, projecting strong growth through FY30 driven by new product launches, a multi-powertrain strategy and expansion into premium segments.
BUSINESS
Axis Bank shares jump 4% today after Q2 results; brokerages stay bullish despite one-offs hurting earnings
Brokerages largely retained a bullish stance on Axis Bank post its Q2 results, citing resilient core performance and steady improvement in asset quality.
BUSINESS
Sanjeev Prasad turns mildly positive on markets, says FY27 profit growth could hit 17% as earnings stabilise
Corporate earnings have begun to show signs of stabilising after a period of very heavy downgrades over the last 12-15 months, said Sanjeev Prasad, Managing Director and Co-Head of Kotak Institutional Equities.
BUSINESS
Persistent Systems stock jumps over 6% after strong Q2 results; brokerages raise target prices
Persistent Systems stock rose sharply post Q2 results, as analysts cited broad-based growth and margin expansion, though some cautioned that valuations remain elevated.
BUSINESS
Tech Mahindra Stock Call: Nomura, CLSA bullish after Q2 results; Jefferies, Morgan Stanley urge caution
Brokerages were mixed on Tech Mahindra after Q2 results, with Nomura and CLSA bullish on margin gains and turnaround progress, while Jefferies and Morgan Stanley remained cautious on growth recovery.
BUSINESS
Tech Mahindra stock falls today after Q2 results draw mixed reaction; Nomura, CLSA bullish, Jefferies cautious
Tech Mahindra's Q2 results drew a range of brokerage reactions -- from bullish calls by Nomura and CLSA to cautious stances by Jefferies and Morgan Stanley.
BUSINESS
LG Electronics India Stock Call: Nomura initiates with ‘buy’ after bumper listing gain; check target price
Nomura has initiated coverage on LG Electronics India stock with a 'buy' rating after the stock's bumper listing on Indian stock exchanges. Its target price implies a 7 percent upside.
BUSINESS
Anant Raj stock dips 4% after Rs 1,100 crore QIP at 5% discount; data centre expansion in focus
Anant Raj Ltd set the floor price at Rs 695.83 per share and issued shares at Rs 662.00 per share, representing a 4.86 percent discount to the floor price.
BUSINESS
Infosys wins Rs 14,000 crore NHS contract to modernise workforce management system
Infosys wins mega contract worth GBP 1.2 billion from from the NHS Business Services Authority (NHSBSA) to replace the National Health Service’s ageing Electronic Staff Record (ESR) system.
BUSINESS
HCL Tech’s asset-light AI play gets bullish calls from brokerages, seen better placed than TCS’ infra-led path
HCL Tech has signalled that its AI expansion will be led through services rather than heavy investments in infrastructure or proprietary platforms.
BUSINESS
HCL Tech shares rise 2% after Q2 results beat estimates, brokerages raise guidance; check upside, target prices
HCL Technologies share price rose 2% in the morning trade today after a decent set of Q2 results, as multiple brokerages turned more positive on the stock, citing improved growth guidance in the company’s core services business and a strong order pipeline.
BUSINESS
Sensex, Nifty end lower as profit booking, weak global cues weigh; Adani Ports, Bajaj twins among top gainers
Sensex and Nifty partially recouped losses in the late afternoon. Markets remained cautious as renewed trade tensions between the US and China continued to unsettle investors, even as sentiment abroad showed early signs of stabilising.
BUSINESS
Adani Ports stock rises 1.5%, top Nifty gainer today after Investec initiates with ‘buy’ call; check upside
Investec has a positive view on Adani Ports and SEZ stock, implying a potential upside of nearly 22 percent.
BUSINESS
‘Expect 10-15% returns from gold, not 50%’: Invesco's Tahir Badshah says gold price rally may be losing steam
Tahir Badshah of Invesco Mutual Fund advises investors to temper return expectations from gold to 10-15%, down from the recent 30-50% surge. He attributes the past rally to central bank buying, a trend he feels has reached a mature stage.
BUSINESS
L&T wins Rs 2,500-5,000 crore grid infrastructure orders in Middle East; stock trades mildly lower
Larsen & Toubro said it has won large orders in the range of Rs 2,500-5,000 crore for its Power Transmission & Distribution business for grid infrastructure in the Middle East.
BUSINESS
Waaree Renewable Technologies stock soars over 13% today to new all-time high after Q2 net profit doubles
Waaree Renewable Technologies share price jumps over 13 today to hit a fresh all-time high, after the company's Q2 net profit more than doubled.
BUSINESS
DMart shares fall 2.8% after Q2 earnings; brokerages flag margin pressure, mixed outlook on online biz
Avenue Supermarts share price today: Analysts noted stabilisation in Avenue Supermarts' gross margins in Q2, they flagged rising operating expenses, slower same-store growth, and the scaling back of its online venture. Higher employee and finance costs weighed on margins.
BUSINESS
Silver ETF prices ease today after blistering rally; HDFC Silver ETF slides over 4%
Despite partially cooling off today, all major Silver ETFs remain sharply higher for the week -- up between 8 and 9 percent over the past five sessions.
BUSINESS
Bank Nifty climbs 1% to above 56,750; PSU stocks spearhead rally with SBI, PNB in focus
With PSU banking stocks leading a rise in Bank Nifty, analysts see improving sentiment in the banking sector after a brief consolidation phase.
BUSINESS
TCS Q2 net profit up 1.4% YoY at Rs 12,075 crore; IT co declares Rs 11 dividend, unveils giga AI plan
TCS Q2 FY26 Results: Tata Consultancy Services second quarter net profit slightly missed expectations. India's largest IT firm unveiled an ambitious plan to build a 1 GW capacity AI datacentre in India.
BUSINESS
LG Electronics India IPO: Bargain pricing surprises street; industry leader seeks listing at steep discount to peers
Despite scale, profitability and returns superior to peers, LG Electronics India is listing at 35x FY25 earnings, a steep discount to the sector’s 60x average. That explains why brokerages have recommended ‘subscribe’ or even ‘must subscribe’ for LG Electronics India’s public issue.
