Ather Energy share price target goes up to Rs 1,714. What are CLSA, Nomura, and HSBC saying?
Ather Energy shares surged up to 18% after the electric two-wheeler maker reported a sharp improvement in its June-quarter performance, prompting global brokerages including Nomura, CLSA, HSBC and Emkay to reiterate bullish views. Analysts cited strong demand, improving margins and capacity expansion, with target prices implying upside of up to 35%.
Dabur shares drop 3% after FSSAI bars FMCG major from selling products with ‘100%’ guarantee claims
Dabur India shares fell nearly 3% after the Food Safety and Standards Authority of India (FSSAI) barred the FMCG company from selling certain food products carrying misleading “100%” claims. The regulator said labels such as “100% Natural” and “100% Pure” violate the Food Safety and Standards (Advertising and Claims) Regulations, 2018, as they are ambiguous, […]
Thangamayil share selloff continues: Stock drops 5% despite Rs 344 crore sales in first 3 days of August
Thangamayil Jewellery shares fell significantly despite robust August sales figures. The company reported strong sales during the auspicious Aadi Perukku festival. However, weak guidance and market uncertainties impacted investor sentiment negatively. Customers postponed purchases due to gold price expectations and geopolitical concerns. The company anticipates demand recovery in the latter half of the fiscal year.
Juniper Green Energy IPO allotment likely today; GMP signals 4% listing premium. Here’s how to check your status
Ahead of its stock market debut on August 6, the company’s shares are commanding a Grey Market Premium (GMP) of around Rs 10 per share. Based on the upper end of the IPO price band at Rs 225, the GMP indicates a potential listing gain of nearly 4%.
MV Electrosystems IPO allotment expected today; GMP signals 24% listing gain. Here’s how to check your allotment status
The company’s shares are slated to make their stock market debut on August 6. Ahead of the listing, the IPO continues to enjoy strong traction in the grey market, with a Grey Market Premium (GMP) of around Rs 100 per share. This suggests a potential listing gain of nearly 24% over the upper issue price […]
Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?
Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes faded. Shipping activity through the Strait of Hormuz has slowed following reported attacks. Experts predict higher crude prices if disruptions persist for extended periods. Analysts anticipate oil prices to cool down as supply […]
Gold steady with Middle East turmoil, US jobs data in focus
Gold prices remained stable as investors watched for U.S.-Iran talks. Conflicting reports emerged regarding potential negotiations between the United States and Iran. Investors are anticipating U.S. jobs reports for Federal Reserve interest rate clues. Higher rates typically pressure gold prices, which offer no interest. South Korea’s central bank plans to increase its gold holdings.
FPI inflows into Indian G-Secs dry up as US rate hike looms
Foreign investors are reducing positions in Indian debt after a key index inclusion was delayed. Inflows into Indian debt have significantly slowed down over the past two weeks. US treasury yields have become more attractive, influencing investor decisions and market sentiment. Traders are awaiting the upcoming monetary policy announcement for further policy direction. Cooling oil […]
ITC Q1 earnings hit by cigarette tax burden; FMCG, paper businesses offer support
ITC’s June 2026 earnings fell due to higher cigarette taxes and disruptions. Resilient growth in the consumer segment cushioned the overall impact. Categories like dairy and snacks showed strong year-on-year gains. The paperboards and packaging business also saw a significant recovery. Analysts have reduced earnings estimates for upcoming fiscal years.
Global Market Today: Asian shares rise after Wall Street rally driven by tech stocks
Asian shares advanced, mirroring a Wall Street rally fueled by technology stocks. The yen stabilized after intervention-driven gains, while oil prices declined amid easing Middle East tensions. Investors anticipate a busy corporate earnings week, seeking evidence of AI spending translating into growth. US manufacturing activity expanded rapidly, showing strong demand and increased production. Markets are […]