Oil prices to hit $120 soon? Goldman Sachs makes big prediction as Hormuz concerns loom
Goldman Sachs has warned Brent crude could spike to $120 per barrel if disruptions through the Strait of Hormuz persist, though its base case assumes easing Middle East tensions and prices averaging $80 in Q4.
ICICI Bank eyes $500 million dollar bond issue via GIFT City
ICICI Bank is close to raising at least $500 million through five-year dollar bonds via its GIFT City unit, leveraging the RBI’s concessional swap facility. The proceeds will support client financing, marking the lender’s first US dollar bond issuance in nearly a decade.
HDFC Bank shares fall for 2nd day but Jefferies, others brokerages remain bullish. Should you buy the dip?
HDFC Bank shares extended losses for a second straight session after its Q1 FY27 earnings, but brokerages remain optimistic on the stock. Jefferies, Motilal Oswal, Nomura and JM Financial have retained their bullish ratings, with target prices implying upside of up to 35% from current levels.
PNB shares jump 7% in 2 days after Q1 earnings. Should you buy, sell or hold?
Punjab National Bank shares have surged in the last two sessions after the PSU lender reported a 214% year-on-year jump in Q1 FY27 net profit to Rs 5,253 crore, prompting bullish brokerage calls. Net interest income rose 2% to Rs 10,798 crore.
SBI Funds Management shares list at 7% premium, but target prices go up to Rs 750. Time to buy?
SBI Funds Management Share Price: SBI Funds Management debuted with a nearly 7% premium over its IPO price, falling short of grey market expectations. Despite this, brokerages remain bullish, with Emkay assigning a Rs 750 target price and Equirus Rs 675, while analysts advise long-term investors to hold the stock on strong fundamentals.
Coal India subsidiary CMPDI shares climb 7% after Q1FY27 profit surges 54% YoY
CMPDI shares jumped nearly 7% after the Coal India subsidiary reported strong Q1FY27 results, with revenue rising 18% and net profit surging 54% year-on-year. Robust operational growth and the announcement of a Rs 1.05-per-share interim dividend further lifted investor sentiment.
Karur Vysya Bank shares soar 11% after stellar Q1 results. What investors should know
Karur Vysya Bank shares rose sharply after the private lender posted a 45% year-on-year jump in Q1 net profit to Rs 756 crore. Strong growth in net interest income, an improved net interest margin, healthy loan and deposit growth, and stable asset quality lifted investor sentiment.
Alpha Wealth 2.0: Why some investors keep finding the next opportunity before everyone else
The best advantage is not information, but perspective. With wealth creation going beyond traditional investing. Discover why investors are reconsidering capital allocation, portfolio strategy and long-term wealth creation and how the Alpha Wealth Summit 2.0 is facilitating these conversations.
Mrs Bectors Food shares surge 30% in 4 days after Sunil Singhania’s Abakkus acquires 1% stake. Do you own?
Mrs Bectors Food shares extended their four-day rally to nearly 30% after Abakkus Investment Managers acquired a 0.96% stake through a bulk deal. The stock hit a five-month high of Rs 219.61, supported by investor interest and steady March-quarter growth in revenue and profit.
MTAR Technologies falls 5%, extends 4-day slide to 20%
MTAR Technologies shares hit the 5% lower circuit for a fourth straight session on Tuesday, taking their four-day decline to nearly 20% and one-month loss to 31%. The sell-off came as promoter and mutual fund holdings declined in the June quarter. However, foreign institutional investors raised their stake to 24.80% from 17.31%, signalling stronger overseas […]