Madhusudan Kela’s Portfolio: 2 stocks soar over 50% in just 5 months
ETMarkets examined the June 2025 quarter disclosures of veteran investor Madhusudan Kela, who holds stakes above 1% in about 14 companies, with a combined market value of nearly Rs 2,700 crore as of August 26.
Why Chinese stocks are shining amid economic gloom
Vodafone Idea shares dive 11% in 2 sessions after govt rules out further relief on AGR dues
Vodafone Idea shares: Vodafone Idea shares slid 11.3% in two sessions to ₹6.56 after the government ruled out fresh relief on AGR dues, confirming no further concessions beyond equity conversion already made.
Export-oriented shrimp, textiles stocks slide up to 12% after Trump’s 50% tariff takes effect
Indian shrimp and textile exporters faced a significant downturn, with shares plummeting up to 12% following U.S. President Trump’s imposition of a 50% tariff on Indian imports. This move, effective Wednesday, has eroded India’s competitiveness, particularly in key sectors like apparel and seafood, where competitors face lower tariffs.
JP Power shares hit 5% upper circuit on Rs 300 crore solar project proposal
JP Power’s board has approved exploring a 50 MW solar facility at its existing 500 MW Jaypee Bina Thermal Power Plant (JBTPP) site. The project will move ahead subject to requisite approvals, including clearance from lenders.
Ola Electric shares rally 9% in 2 days after PLI nod sparks investor optimism
Ola Electric’s share price has seen a sharp rally after the company received PLI certification for its Gen 3 scooter range. The approval is expected to bolster margins and profitability, though competition from Ather and TVS and ongoing financial pressures continue to weigh on sentiment.
HDFC Bank shares dip 2% after 1.56 million shares change hands in block deal after bonus adjustment
A large block deal of 1.56 million HDFC bank shares was executed just a day after the bank’s stock price adjusted for its recent 1:1 bonus issue, which took effect on Tuesday. Block deals are bulk trades between big investors, executed via a separate window to avoid adding volatility to regular market trading.
ETMarkets Smart Talk| Smallcaps in oversold zone; likely to outperform in next 12 months: Naveen Kulkarni
Indian markets are showing positive economic signs. Inflation is easing and rate cuts are expected. Naveen Kulkarni of Axis Securities PMS suggests smallcaps are undervalued. GST reforms could boost consumption. Sectors like autos, hospitality, and BFSI are in focus. Growth stocks may outperform value stocks. Investors are eyeing opportunities beyond largecaps for better returns in […]
IT sector slowly showing signs of bottoming out: Capitalmind’s Sidhanth Paul
The Indian IT sector is showing signs of recovery. Valuations reflect existing pessimism. Mid-tier companies are focusing on AI and automation. Revenue growth in these areas could lead to a sector rerating. Power, manufacturing, and consumption sectors are expected to drive market growth. Investors should watch for earnings delivery to justify valuations.
AI giant Nvidia beats earnings expectations but shares fall
AI powerhouse Nvidia reported quarterly earnings Wednesday that beat expectations, but shares slipped amid concerns about an AI chip spending bubble and the company’s stalled business in China. – Fortune in play – The earnings report comes amid market worries about an AI spending bubble that could burst and hurt the chip giant’s fortunes.