Kusumgar shares jump 10% after solid D-Street debut. What investors should do now?
Kusumgar shares debuted nearly 37% above their IPO price and extended gains in early trade after a heavily oversubscribed public issue. While analysts remain positive on the company’s long-term prospects in engineered fabrics and defence, they advise investors to book partial profits and hold the remaining position with disciplined stop-losses.
Bonus issue alert! Last day to buy this microcap pharma stock that rallied 200% in one year
Fredun Pharmaceuticals has fixed July 16 as the record date for its 2:1 bonus issue, making today the last day to buy the stock to qualify. The microcap pharma stock has surged nearly 200% over the past year and 84% in 2026, reflecting strong investor interest and robust business momentum.
Ather Energy shares rally 6% after Hero MotoCorp approves Rs 1,000 crore additional investment
Ather Energy shares jumped on Wednesday after Hero MotoCorp approved an additional investment of up to Rs 1,000 crore in the EV maker through a preferential allotment, reaffirming its long-term commitment to the company.
Landmark Cars shares rally upto 13% post Q1 business update, revenue jumps over 22%
Landmark Cars shares rallied after the company reported record Q1FY27 sales, driven by strong vehicle deliveries and robust demand. Healthy growth in after-sales revenue and improved BYD supplies further supported the performance, while upcoming model launches across brands are expected to sustain sales momentum.
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 […]