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Hindalco and National Aluminium Company shares fell Tuesday. A brokerage firm downgraded both companies. They cited weak growth prospects for the coming quarters. Aluminium prices are expected to decline. Hindalco’s large capital expenditure could impact its balance sheet. NALCO’s expansion coincides with softening alumina prices. Earnings for both companies are projected to fall.Read More

Gaudium IVF has set its IPO price band at Rs 75-79 per share, aiming to raise Rs 165 crore and valuing the company at Rs 575 crore. The fertility services provider’s public offering opens February 20, with funds earmarked for expanding its IVF centre network and debt repayment. This marks a significant step for the ART sector in India.Read More

Motilal Oswal has included Groww’s parent company (Billionbrains Garage Ventures) and Dixon Technologies among its bullish stock ideas in its latest coverage, reflecting confidence in secular growth themes beyond the core index. The brokerage’s Buy call on Groww underscores its dominant retail broking market share and diversified revenue expansion potential, while Dixon Tech features as a high-conviction pick in the electronics manufacturing services (EMS) space...Read More

Australian shares climbed on Tuesday. BHP surged to a record, boosting the resources sector. This set the tone as earnings season began. The S&P/ASX 200 extended gains. Focus remained on domestic earnings due to market closures elsewhere. Investors watched for signals on iron ore demand and the sector outlook. Jobs data is now a key focus.Read More

Nitin Raheja of Julius Baer believes the IT sector selloff is overdone, with AI disruption unfolding gradually. He sees strong cash flows enabling IT firms to invest in AI acquisitions and data centers. Raheja also highlights India’s low household equity allocation as a long-term growth driver for capital markets, favoring asset managers for now.Read More