Shares of 3M India surged 13% to Rs 34,700 after reporting a 43% year-on-year rise in Q2FY26 profit to Rs 191 crore. Revenue grew 14%, led by broad-based sales across all segments. ICICI Securities raised its target to Rs 35,700, citing strong auto demand and government-led infrastructure momentum.Read More
Gold and silver extended their losses amid strength in the dollar index, with prices opening at Rs 1,20,743/10 grams, lower by Rs 666 or 0.55%. Gold December futures prices at MCX have held steady in the last one week, hovering near their resistance of Rs 1.21 lakh.Read More
The Indian Rupee has recovered from its record low, gaining 21 paise to trade at 88.56 against the US dollar. This rebound is attributed to a decrease in global crude oil prices. However, the Rupee still faces pressure from a strong dollar and foreign fund outflows from the capital market.Read More
Bharti Airtel’s Q2 performance signals strong growth ahead, with ARPU rising to ₹256, a 48%+ EBITDA margin, and a revived Africa business boosting revenues. Geojit Investments’ Gaurang Shah expects ARPUs to touch ₹275–300 in the coming quarters and a possible tariff hikes by late 2025 could strengthen Airtel’s profitability and sector-wide earnings outlook.Read More
Bharti Hexacom shares: The telecom operator posted a strong September quarter, with net profit surging 66.4% year-on-year to Rs 421 crore and revenue rising 10.5% to Rs 2,317 crore, driven by higher mobile ARPU and robust growth in its Homes and Offices segment.Read More
Indus Towers shares: Bharti Airtel has received board approval to raise its stake in Indus Towers by up to 5%, with the purchase to be carried out in one or more tranches over time, according to its latest regulatory filing.Read More
Tata Consumer Products reported a 10.98% YoY rise in Q2FY26 PAT to Rs 404 crore, driven by a 17.8% growth in revenue. Morgan Stanley and Goldman Sachs maintained bullish views, raising target prices to Rs 1,265 and Rs 1,350, respectively, citing strong margins, easing input costs, and robust growth across branded and international businesses.Read More
Fintech firm Groww’s upcoming IPO faces uncertainty due to potential Sebi regulations on F&O trading, a key revenue driver. While the company is diversifying into margin trading and wealth management, these newer segments are still small contributors. Analysts suggest regulatory clarity is needed to alleviate investor concerns about short-term earnings volatility.Read More
India’s upcoming IPOs from Lenskart and Groww spark a valuation debate. Lenskart, a retail giant, faces scrutiny over its high P/E ratio despite strong revenue, while digital broker Groww, already profitable, offers a scalable, asset-light model. Investors weigh growth potential against valuation concerns and regulatory risks.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.