Big relief coming as India-US trade deal inches closer. 10 stocks with upside of 34%
India and the US are nearing a trade deal, potentially resolving tariff issues and boosting export-oriented sectors. This development could lead to positive investor sentiment, with ten identified stocks showing significant upside potential, ranging from 12% to 34%.
Tata Steel shares see volume spike after strong Q2 results; Analyst sees nearly 20% upside
Tata Steel shares saw a slight increase after strong September quarter results. The company reported significant profit growth year-on-year and quarter-on-quarter. Revenue also climbed, indicating improved operations. Analysts maintain a positive long-term view, reiterating a ‘BUY’ rating with a target price suggesting potential upside. Technical indicators show neutral momentum with some short-term weakness.
Infosys, TCS, HCL Tech and other IT stocks surge up to 4%. Here’s why
Indian IT stocks witnessed a sharp rise on Wednesday as a global anti-AI trade drove investors toward safer technology names. Analysts say fading enthusiasm for AI stocks could boost FPI flows into India, while Infosys also drew attention ahead of its Rs 18,000-crore share buyback opening Thursday.
Tenneco Clean Air shares slide 5% in debut trade after solid listing pop. Should you buy, sell or hold?
Tenneco Clean Air India made a strong market debut with a 27% listing premium before slipping nearly 5% as early profit-taking set in. Analysts cite strong parentage, technological capability, and margin strength, but advise caution given sector cyclicality. Experts suggest partial profit-booking while holding the remainder with a stop-loss near Rs 480.
Morgan Stanley sees multi-year growth runway for LG Electronics as it initiates coverage
LG Electronics India shares saw an uptick on Wednesday after Morgan Stanley initiated coverage on the stock with an overweight rating, highlighting strong margins, capital efficiency, and growth potential from new manufacturing, exports, and B2B operations. While near-term FY26 earnings may dip, medium-term expansion and localisation efforts are expected to drive revenue, margins, and steady […]
PSU banks remain attractive, valuation gap with private banks still wide: Rahul Arora
Public sector banks are rallying, sparking debate on their valuations compared to private lenders. Rahul Arora sees opportunities, especially in SBI and Bank of Baroda. He notes a significant valuation gap remains, suggesting further upside potential for PSU banks. Private banks face growth limitations due to large balance sheets. Global fund flows could favor banks […]
FMCG, IT and largecaps offer value amid market volatility: Parag Thakkar
Parag Thakkar sees opportunities in select large companies and FMCG stocks for patient investors. He is constructive on Hindustan Unilever’s future performance, expecting a turnaround from November. Thakkar also views Dabur as an interesting contra bet due to predicted intense winter. He remains cautious on Tata Motors’ JLR business but is optimistic about the paints […]
Infosys shares gain 3% as firm launches Rs 18,000 crore buyback on November 20
Infosys shares jumped 3% to Rs 1,531 on 19 November as the company announced its Rs 18,000 crore buyback opening on 20 November. The tender offer allows repurchase at Rs 1,800 per share, with entitlements set for small and other shareholders. The process closes on 26 November, marking Infosys’ first tender buyback since 2017.
Narendra Solanki cautions against short-term bets on high-flying IPOs
Indian IPO markets are witnessing significant gains, with Groww crossing a ₹1 lakh crore market cap. Experts note rich valuations for platforms like Groww and PhysicsWallah, suggesting a long-term investment focus due to low equity penetration and sector tailwinds, despite valuations running ahead of fundamentals.
KP Energy shares soar 8% on MoU with Inox Wind to develop 2.5 GW renewable projects across India
Inox Wind and KP Energy have signed an exclusive MoU to jointly develop 2.5 GW of wind and wind-solar hybrid projects across multiple states. Inox Wind will supply turbines, engineering support, and handle turbine commissioning and O&M, while KP Energy will manage land, approvals, connectivity, and balance-of-plant EPC and O&M. The collaboration aims to streamline […]