Adani Power shares crash 80% in just one day! Is that true?

Adani Power shares slipped to Rs 147 on Monday after trading ex-split following a 1:5 stock sub-division. The decline is purely optical, as the overall value of holdings remains unchanged. The company had reported a consolidated June-quarter profit of Rs 8,759 crore, and Morgan Stanley initiated coverage with an overweight rating, projecting a 41.9 GW […]

Can IT stocks rise after Trump’s H-1B hike?

IT stocks are back in the spotlight after a turbulent week marked by Trump’s H-1B fee announcement. Despite near-term volatility, average analyst target prices in Trendlyne show decent upsides for leading names such as TCS, Infosys, and HCL Tech, while staying cautious on LTIMindtree.

Adani Green Energy shares surge 13% in 2 sessions. Jefferies forecasts 27% upside, here’s why

Adani Green Energy’s shares surged following SEBI’s clearance regarding Hindenburg Research’s allegations, boosting investor confidence. Jefferies raised the target price to Rs 1,300, citing significant upside potential and projecting substantial capacity additions. Supported by promoter infusion and long-term power purchase agreements, the company anticipates improved financial metrics and strong EBITDA growth, despite potential risks like […]

Garden Reach Shipbuilders shares surge 6% after signing 5 new MoUs

GRSE share price: Garden Reach Shipbuilders & Engineers (GRSE) signed five MoUs with key players in shipbuilding, ports, and infrastructure, targeting green vessels, ship repair, port development, multimodal logistics, and ropeway connectivity. These collaborations aim to boost India’s shipbuilding capacity under the Maritime Amrit Kaal vision.

TIMF Holdings, 360 ONE Funds invest Rs 140 cr in Rubicon Research ahead of IPO

Rubicon Research secured Rs 140 crore from TIMF Holdings and 360 ONE funds before its IPO. General Atlantic Singapore RR Pte transferred shares in this deal. General Atlantic remains the majority shareholder. The company plans to launch its IPO by the end of this year. Proceeds will be used for debt repayment and acquisitions.

Adani Enterprises shares rally 9% in 2 days. Jefferies sees 15% upside, here’s why

Adani Enterprises shares are up following Sebi’s clearance of stock manipulation allegations. This boosted investor confidence. Jefferies maintains a Buy rating, citing growth drivers like the Navi Mumbai International Airport. Green energy expansion also adds momentum. The regulatory clearance comes after Hindenburg’s report triggered a sell-off. Despite the rally, the stock is still down over […]

GST 2.0 wave: Mahesh Patil’s guide to winning sectors and hidden contrarian pick

Mahesh Patil from Aditya Birla Sun Life AMC outlines an investment strategy shaped by GST 2.0. The focus shifts towards consumption-oriented sectors like autos and consumer durables, anticipating earnings upgrades. While remaining neutral on IT, Patil identifies it as a contrarian opportunity, poised for a potential rebound with US recovery and attractive valuations.