Ashish Kacholia cuts stake in two chemical stocks after 114% rally. What’s driving the move?
Ace investor Ashish Kacholia has reduced holdings in two chemical stocks. Yasho Industries and Fineotex Chemicals saw stake reductions by the investor. This move occurred after substantial stock price rallies earlier this year. Supply chain issues and Chinese competition are impacting the chemical sector. Kacholia also reduced his stake in NBFC SG Finserve.
IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 cr
Fairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 crore. The government plans to sell its stake, and LIC will also divest shares. Fairfax’s offer of Rs 81 per share is higher than last year’s bid. This transaction marks the largest foreign […]
L&T Tech shares rally 6% after Q1 net profit rises 13%; Nomura, Nuvama, other brokerages revise target prices
L&T Technology Services reported a nearly 13% year-on-year net profit increase for Q1 FY26. Revenue from operations also saw an 11.5% rise during the same period. The company’s shares rallied 6% following the announcement of these positive financial results. Nomura and Nuvama provided analyst views on the company’s performance and outlook. L&T Technology Services shares […]
Nuvoco Vistas shares soar 10% after strong Q1. Why Nomura, Choice see up to 47% upside?
Shares of Nuvoco Vistas surged after the cement maker reported a strong set of Q1 FY27 earnings, prompting multiple brokerages to reiterate bullish views. Analysts cited better-than-expected profitability, resilient pricing, cost discipline and capacity expansion plans as key drivers supporting further upside in the stock.
Tata Elxsi shares slide 6% after weak Q1 results. Why Motilal Oswal sees 16% downside from current levels?
Tata Elxsi shares fell despite reporting a strong June quarter, with net profit rising 18.2% YoY to Rs 170.6 crore and revenue increasing 14.5% to Rs 1,021.1 crore. The stock declined as investors appeared unimpressed despite healthy growth in profitability and operating margins.
Radhika Gupta has 17% of her portfolio abroad. Here’s how much she wants Indians to invest globally
Radhika Gupta advises prioritizing domestic equity and debt before international investments. Global diversification is a necessary component after building a portfolio’s foundation. Different markets perform well at different times, necessitating international exposure. Many companies and sectors are not present in India, offering unique investment opportunities. Gupta recommends a 10-15% allocation to international assets for most […]
ETMarkets Smart Talk | Tier III India is creating the next wave of millionaires: Centrum Wealth CEO Sandeep Das
Wealth creation is expanding beyond metros into smaller cities. Family offices are growing significantly, managing wealth more formally. Cross-border investing is increasing for both NRIs and resident Indians. Technology and AI are enhancing personalized client engagement and efficiency. Trust and human judgment remain central to advisory services.
Oil Price Today (July 15): Crude oil above $86 as US-Iran exchange fresh strikes. Bigger surge brewing?
Brent crude settled at its highest level since June 12 for a second consecutive session, while West Texas Intermediate (WTI) closed at its strongest level since June 15.
You can’t spell chai latte without AI. That will hurt India
The AI adoption craze is looming over what’s promising to be another lackluster earnings season for IT services exporters. Last week, Tata Consultancy Services Ltd., the biggest among them, reported 0.4% growth in revenue over the previous three months after stripping out currency fluctuations, the slowest expansion in a year.
Korea’s AI stock rout is becoming a lesson in leveraged excess
South Korea’s AI stock boom is now a cautionary tale of leverage’s power. SK Hynix’s plunge triggered billions in stock sales, deepening the Kospi’s slide. Leveraged products and concentrated index weightings amplified market swings in both directions. This dynamic is now being watched globally as Korea is central to the AI hardware supply chain. Regulators […]