Ather Energy IPO crosses the line in final hours of Day 3; retail portion booked 1.55 times
Ather Energy’s Rs 3,000-crore IPO achieved full subscription on its final day, driven by strong institutional demand, although grey market signals remained weak. Retail investors showed consistent interest, while QIBs surged in the last stretch. Despite valuation concerns and a declining GMP, analysts offer mixed recommendations, citing Ather’s growth potential and premium positioning.
US auto tariff relief brings temporary respite for OEMs, but uncertainty looms: Jay Kale
Auto tariff relief in the US offers a temporary respite for OEMs, but inflationary pressures persist across sectors. Uncertainty looms, potentially leading to a demand slump, exacerbated by recent guidance cuts from Porsche and pre-buying trends. While domestic auto majors acknowledge a recent slowdown, TVS remains optimistic about two-wheeler growth, contrasting with Maruti’s muted outlook […]
Short-term challenges for IT and Metals, but consumer and financial sectors offer upside: Rana Gupta
Rana Gupta of Manulife Investment suggests India’s financial markets are navigating a volatile period. The next 90 days are crucial as global trade rebalances. While tariff finality may come, corporate adjustments will bring uncertainty. Sectors like IT and metals face headwinds. Consumer and financial sectors may see revival due to policy support and lower crude […]
Varun Beverages Q4 results: PAT rises 33% YoY, revenue surges 29%
Varun Beverages reported a 33.45% YoY rise in Q4 net profit to Rs 731.3 crore, with revenue up 29% to Rs 5,680 crore. Volume growth, especially in India and South Africa, drove performance. The company also declared a Rs 0.50 interim dividend.
HAL, GRSE and other defence stocks fall up to 5% on profit booking amid India-Pakistan tensions
Shares of Hindustan Aeronautics (HAL), Garden Reach Shipbuilders & Engineers (GRSE), Data Patterns, Cochin Shipyard, and others saw declines of up to 5.2% during the session. GRSE led the losses with a drop of 5.2%, followed by Data Patterns (-4.5%) and HAL (-3.1%).
The golden illusion: Know the risks behind gold’s safe haven image
Gold, though seen as a safe-haven, carries notable risk with high volatility and drawdowns. Over 15 years, equities outperformed gold, but gold’s negative correlation with equities supports diversification. Experts suggest a balanced portfolio with 10–20% gold allocation to manage risk and enhance long-term returns.
IndusInd Bank remains fundamentally strong despite top management exit: Ashvin Parekh
There is absolutely no question about the future of the bank. However, it is a good important lesson for all the financial institutions and the bank has certainly suffered. It suffered a huge market cap loss also. But then, of course, there is a big lesson for the institutions as well.
Short-term geopolitical jitters may pause market, but earnings will regain focus: Nischal Maheshwari
Market expert Nischal Maheshwari suggests the market might pause briefly. It will then focus on earnings. Defence stocks are gaining traction due to order wins and positive sentiment. Maheshwari advises caution on defence stocks for long-term investments. He believes the market isn’t currently pricing in a major geopolitical escalation. Historically, markets have shown resilience after […]
Vishal Mega Mart shares in focus after Q4 net profit jumps 88% YoY to Rs 115 crore; revenue up 23%
On Tuesday, shares of Vishal Mega Mart closed 0.1% higher at Rs 107.6 on the BSE. The stock has gained 2% so far in 2025 and remains up 3% over the past one month. Its current market capitalisation stands at Rs 49,468 crore.
Samsung Electronics posts 22% jump in Q1 net profit
South Korean tech giant Samsung Electronics reported a better-than-expected 21.7 percent rise in first-quarter net profit on Wednesday as consumers rushed to buy smartphones under the looming threat of US tariffs. The world’s largest memory chipmaker reported net profit of 8.22 trillion won ($5.75 billion) for the January-March quarter, up 21.7 percent on-year.