Moody’s affirms Ba1 rating on Tata Motors, upgrades view on JLR. 10 reasons why

Moody’s Ratings affirmed Tata Motors’ Ba1 corporate family rating with a positive outlook, while upgrading Jaguar Land Rover’s (JLR) rating to Ba1. The upgrade reflects TML’s strengthened credit profile through debt reduction and earnings growth. JLR’s electrification efforts and TML’s demerger plans are key factors influencing these ratings, with JLR expected to contribute over 90% […]

HAL, Jubilant Ingrevia among 10 stocks rise even as Israel-Iran conflict dampens market sentiment

Escalating Israel-Iran tensions sent Indian markets reeling, with the Sensex and Nifty 50 plummeting. Bucking the trend, shipping stocks soared on rising crude prices and container rate expectations. Jubilant Ingrevia rallied after a significant block deal, while defense stocks gained amid conflict concerns. Realty shares and Jubilant Foodworks also saw increases due to sector activity […]

NTPC signs $750 billion foreign currency loan

NTPC loan agreement: NTPC has secured a $750 million foreign currency loan from Bank of Baroda and HDFC Bank’s IFSC units to fund capacity expansion, green energy projects, and refinance existing borrowings, marking a milestone in India’s external commercial borrowings space.

Stay the course, no need for tactical portfolio shift: Vikas Khemani

Vikas Khemani from Carnelian Asset Management suggests a portfolio focused on India’s long-term potential. Banking, financial services, and manufacturing are key sectors. Consumption, both discretionary and non-discretionary, offers opportunities. Crude price fluctuations can create buying chances in related sectors. Auto ancillary companies with diversified exposure are attractive. Individual company analysis is crucial for informed investment […]

Oswal Pumps IPO subscribed 6% on Day 1: Check GMP, price band, and other key details

Oswal Pumps IPO: As of 10:24 AM, Oswal Pumps’ IPO had received bids for 9,14,976 shares against the 1,62,12,980 shares on offer. The highest demand so far has come from non-institutional investors (NIIs), who subscribed to 9% of their allotted portion. Retail investors subscribed 7%, while qualified institutional buyers (QIBs) had not yet placed any […]

ONGC shares jump 3% as Brent Crude spikes over 12% on Mideast tensions

ONGC share prices rose over 3% on Friday after Brent crude surged more than 12% amid rising geopolitical tensions following Israel’s airstrike on Iran. With oil prices climbing to multi-month highs, ONGC stands to benefit from improved realisations, boosting earnings from its upstream operations.