Anand Rathi shares surged up to 12.7% driven by strong retail participation and positive market sentiment. Intraday gains of 4.7% reflect investor optimism and confidence in the company’s growth outlook and fundamentals.Read More
Shares of Netweb Technologies surged to a record Rs 4,108 on the NSE, up 13%, extending a rally of 80% in a month and 170% in six months. The stock’s momentum is driven by India’s digital infrastructure growth, AI adoption, data localisation policies, and major order wins, including Nvidia-powered server contracts and Tyrone GPU-accelerated AI...Read More
Advance Agrolife IPO Day 2: In the grey market, the IPO is trading at about a 9% premium to its issue price, indicating upbeat early sentiment and a likely listing near Rs 109 per share.Read More
Pfizer shares surged after the US drugmaker agreed to lower prescription drug costs for Medicaid under a deal with the Trump administration. The agreement includes a $70 billion investment in R&D and domestic manufacturing, a three-year tariff grace period, and participation in the White House’s TrumpRx platform launching in 2026, offering many treatments at an...Read More
India’s IPO market has seen over 80 listings in the past two months, raising nearly Rs 35,000 crore across mainboard and SME segments. Despite the surge, investor returns have been muted, with the average gain at just 7%. In the mainboard space, 16 out of 31 companies now trade below their issue price, highlighting the...Read More
Investment expert Dipan Mehta shares market insights. Public sector banks present strong financial opportunities. Their internal growth dynamics now compare favorably with private banks. Select midcap IT companies also show promise. Tata Elxsi and Coforge offer earnings visibility. Mehta suggests caution regarding metals and largecap IT stocks. Investors may consider these sector recommendations.Read More
ITC’s long-standing dominance is being challenged as Godfrey Phillips’ Marlboro surges, doubling in 2025 and delivering 9x returns over three years. While ITC still holds over 75% market share, aggressive Marlboro rollout and rising preference among younger smokers are eroding its stronghold. Q1 FY26 volume trends highlight intensifying competition and continued market share loss for...Read More
Jain Resource Recycling debuted at a 14% premium, opening at Rs 265 against its Rs 232 IPO price. The Rs 1,250 crore IPO saw strong investor demand, subscribed 16.8 times overall. The non-ferrous metal recycler, despite rapid financial growth, faces challenges in sustaining growth and expanding its thin 3% net margin post-listing.Read More
Tata Motors’ demerger takes effect on October 1, splitting its commercial vehicle and passenger vehicle businesses into two listed entities. Shareholders will receive one share in the new CV company per existing share, with listings expected by mid-November, enabling independent valuation and trading.Read More
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