Siemens Energy shares zoom 5%, hit upper circuit post listing; brokerages project 30% upside
Siemens Energy India’s shares have witnessed a surge. This follows its listing on the BSE. Brokerage firms anticipate a substantial upside, with target prices reaching Rs 3,700. Analysts foresee the company benefiting from India’s power transmission investments. Jefferies projects a strong EPS CAGR. Antique Broking highlights the company’s role in decarbonization. Motilal Oswal expects significant […]
Markets in a sideways zone and looking at West Asia development, tariff deadline: Dipan Mehta
The stock market is currently navigating uncertainty due to developments in West Asia and the impending end of President Trump’s tariff pause. While some investors are adopting a wait-and-see approach, positive domestic factors like improving monsoons and interest rate cuts are providing support. Experts suggest focusing on quality businesses at reasonable valuations, regardless of their […]
Markets eye tariff clarity and Middle East calm for next big move: Ashi Anand
Ashi Anand of IME Capital suggests that easing monetary policy by the RBI, including CRR cuts, could revive consumer demand and capital goods investment. Markets await clarity on Trump’s tariffs and the Iran-Israel conflict as potential triggers for an upswing.
ESAF Small Finance Bank shares soar 11% after board approves Rs 735-crore bad loan sale to ARC
ESAF Small Finance Bank shares jumped following the board’s approval to sell non-performing loans to an asset reconstruction company. The bank also partnered with Maruti Suzuki India. This collaboration aims to provide retail financing solutions for vehicles. The partnership targets first-time buyers in tier-II and tier-III cities. Technical indicators show the stock is neither overbought […]
Sebi eases regulations for startup founders and public sector cos to boost capital market
The Securities and Exchange Board of India (SEBI) has approved new rules. Startup founders can now hold employee stock options after listing. Alternative investment funds get co-investment opportunities. Public sector companies can voluntarily delist with relaxed norms. Foreign funds will benefit from eased investment rules. These changes aim to boost investment and simplify regulations for […]
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the Nifty 500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 18, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the […]
Siemens Energy to list on exchanges after demerger; growth prospects bullish
Siemens Energy India shares are set to debut on the stock market following its demerger from Siemens. Analysts predict substantial growth, projecting a 40% CAGR in earnings until FY27. With a potential market capitalization exceeding USD 10 billion, it could become India’s largest T&D equipment player. Strong order books, capacity expansion, and government T&D projects […]
Oil falls as investors weigh chance of US intervention in Iran-Israel conflict
Oil prices experienced a slight dip on Thursday due to investor uncertainty following President Trump’s ambiguous statements regarding potential U.S. involvement in the Israel-Iran conflict. Brent crude futures fell by 0.48% to $76.33 a barrel, while U.S. West Texas Intermediate crude decreased by 0.37% to $74.86.
Camlin Fine Sciences sees 51% surge in shares amid anti-dumping duties on Chinese Vanillin
Camlin Fine Sciences’ shares have jumped due to anti-dumping duties on Chinese manufacturers by the US and EU, benefiting its aroma exports, particularly vanillin. The company plans to increase vanillin capacity utilization, aiming for higher revenue and improved EBITDA margins. Brokerages have raised valuations, citing growth potential and a better debt position, leading to a […]
Asian stocks slide after Fed’s inflation warning
Asian equities experienced a dip following Jerome Powell’s inflation outlook. The Fed held rates steady, signaling two potential cuts this year, but tariff-driven uncertainty complicates policy easing. Powell highlighted that tariffs are likely to boost prices, impacting consumers. Markets await further details on the global economy and geopolitical tensions.