Buzzing Stock

PPFAS’s CIO warns Walmart, Amazon, Reliance and Tata are all vying for market share; the fund will wait for durable moats and sustained earnings before committing to players in the sector

HAL shares gain 3% as cabinet clears Rs 62,000 crore order for 97 Tejas Mk1A fighter jets

HAL share price: The LCA Mk1A, an upgraded variant of the Tejas, has been designed for enhanced combat capabilities.

Infosys stock gains on JV with Telstra’s Versent Group in Australia, brokerages give thumbs up

Infosys shares rose after it agreed to acquire a 75 percent stake in Telstra’s Versent Group, forming a joint venture to drive AI-led cloud and digital transformation.

Eternal shares see Rs 5,624 crore block deal as Antfin likely exits holding

Eternal shares slipped on Thursday after a Rs 5,624 crore block deal took place on the bourses, with Antfin likely fully exiting its stake.

Castrol India shares rally on favourable ruling in Rs 4,131 crore MVAT dispute with Maharashtra

The company had received favourable order from the MVAT tribunal in the case, however, the MSTD appealed before the CESTAT against the orders for 9 out of 10 years. On July 11, 2025 CESTAT in an order ruled in favour of Castrol India, rejecting the tax department's appeal.

Laxmi Dental shares up 2% as Motilal Oswal initiates coverage, sees 26% upside

Laxmi Dental has no direct competitors in the listed space, and has an experienced management team with extensive expertise in the field, said the brokerage.

Swiggy stock up 4.5%, extends gains for 2nd day as IIFL gives 'buy' rating and sees up to 40% upside

As per IIFL, Swiggy is 5-7 quarters behind Eternal in food delivery, 3-8 quarters behind Blinkit in quick commerce

Top gainers and losers today: Stocks that moved the most on June 2

Markets were unnerved by renewed tariff threats from the US, particularly around steel imports, adding to concerns over foreign fund outflows and rising geopolitical uncertainty.

Gujarat Fluorochemicals stock sinks 5% following Q4 earnings, brokerages mixed

Brokerages were divided on their outlook on Gujarat Fluorochemicals, despite the miss in standalone EBITDA and margins.

SAIL, Tata Steel, other metal stocks rally on easing retail inflation in India, US

India's retail inflation inched down to 3.16% in April; US consumer price index increased 0.2% last month, below expectations of a 0.3% gain

Aurobindo Pharma shares fall 3% amid fire incident at firm's Kakinada facility

Incident led to damage to certain ancillary equipment and no injuries were reported, said the company

IndiGo shares fall over 3% amid likely cost impact as Pakistan shuts airspace

Due to airspace closure by Pakistan, a few of our international flights continue to be impacted, says IndiGo

IDBI Bank shares rise after DIPAM Secy says disinvestment progressing steadily

The shareholders’ agreement is under negotiation, and an asset valuer has been appointed, DIPAM Secretary Arunish Chawla has said, hoping for a likely closure by the first half of this fiscal.

Citi revises call on GSPL to 'Buy' from 'Sell', target price implies 19% upside

Citi has set the target price for GSPL at Rs 325, with a 19 percent increase from its previous target price.

Jupiter Wagons shares rise 5% after mobility arm launches new factory for LCVs

The company further aspires to achieve a revenue target of Rs 100 crore in the first year of the operations, said Vivek Lohia, the Managing Director of the Group.

Textile stocks surge after FM Sitharaman announces mission for cotton productivity in Budget

This initiative is expected to revitalize India’s traditional textile sector. Sitharaman emphasized the government's commitment to promoting ELS cotton varieties, signaling strong support for the industry.

Brokerages largely unchanged on view towards JSW Steel despite Q3 profit decline

JSW Steel share price: JM Financial reiterated its buy rating, raising the target price by 3 percent to Rs 1,160 per share

Axis Bank shares slip to lowest level in 14 months as 44 lakh shares exchanged in block deal

43.6 lakh shares of Axis Bank were exchanged in two block deal windows in trade today.

Aditya Birla Real Estate faces minor setback on Worli land ruling; strong growth outlook intact: Antique

While the High Court previously ruled in ABREL’s favor, the Supreme Court reversed the decision on January 7, 2025, directing ABREL to hand over 6.31 acres to BMC. The remaining 3.69 acres are freehold and will remain with ABREL.

Tata Steel shares trade marginally lower post-December quarter business update

Tata Steel's Q3FY25 report shows India crude steel production up 8% QoQ and 6% YoY, with deliveries rising 4% QoQ and 8% YoY

Kotak initiates coverage on Bajaj Housing with a ‘sell’ rating, sees 21% downside for stock

While Kotak acknowledged the company's long growth runway and pristine asset quality, it noted that these positives are already factored into the current valuations. The report estimated a fair value at 3.4x book and 27x earnings for December 2026.

IndusInd Bank no more in league of India's 10 most valuable lenders

The IndusInd Bank stock dropped 18 percent to hit over one-year low of Rs 1,065. As its m-cap went down to Rs 81,000 crore, it moved to the 12th spot

Tata Communications unveils AI infra with NVIDIA-accelerated computing, shares up 3.5%

As part of the initiative, Tata Communications will integrate cutting-edge NVIDIA software solutions into its AI Cloud offerings.

Bikaji Foods enters QSR segment, to invest Rs 131 crore for 53% stake in Hazelnut Factory

This acquisition is a part of the company's overall strategy to develop and expand its QSR business vertical.

Dabur India shares tumble 3% after UBS downgrades to 'hold', cites lofty valuations

UBS also raised its target price on the FMCG giant to Rs 700 per share, which implies an upside of seven percent from the previous session's close.