BUSINESS
Reliance Industries' share price jumps 4% after strong Q2 results; brokerages bullish
Brokerage analysts remained confident about RIL’s growth prospects after Q2 results, citing strong retail performance, stable oil-to-chemicals (O2C) earnings, and upcoming triggers from Jio’s tariff hike and new-energy ventures.
BUSINESS
Indian markets nearing end of weak phase; tide turning as global flows, policy tailwinds align: Samir Arora
Samir Arora of Helios Capital said that the recent phase of relative under-performance has largely run its course and that multiple supportive triggers could restore momentum.
BUSINESS
Nifty 50 outperforms midcap, smallcap stocks as FIIs return to buying; large-caps lead rebound
Market participants attribute largecaps outperformance over midcaps and smallcaps to signs of foreign institutional investors (FIIs) turning buyers in the secondary market after months of sustained selling.
BUSINESS
Wipro shares crash 4.6% today, top Nifty 50 loser; Q2 results show muted revenue growth, cautious guidance
Wipro Ltd share price today: Stock crashes 4.6 percent as brokerage views remained mixed on the muted revenue growth and cautious guidance post Q2 results.
BUSINESS
Nuvoco Vistas subsidiary to issue Rs 1,200 crore convertible debentures; stock up over 2%
Nuvoco Vistas said that its arm Vadraj Cement will issue unsecured, unlisted CCDs in two tranches of Rs 600 crore each -- Series A and Series B -- to proposed investors.
BUSINESS
Nestle India stock gains today after Q2 beat; analysts flag margin pressure amid strong sales, easing costs
Nestle India share price today: Brokerages including CLSA, Morgan Stanley, and HSBC acknowledged Nestle India's strong volume-led growth but differed in their outlook on margins and valuations.
BUSINESS
Infosys stock falls today even after Q2 results beat Street, brokerages say ‘buy’; check share price targets, upside
Infosys Share Price Today: Analysts including Nomura, Jefferies, and HSBC issued ‘buy’ ratings on Infosys stock with target prices in the range of Rs 1,700-1,730 per share, citing steady execution, resilient margins, and an improving deal pipeline.
BUSINESS
Reliance Industries Q2 preview: Retail, Jio, O2C strength to drive earnings growth
Reliance Industries Ltd's net profit is expected to rise 11 percent from a year earlier to about Rs 18,450 crore for the July-September quarter.
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.
