Multi Commodity Exchange of India shares reached a new peak on Wednesday on the back of strong volumes. Analysts are optimistic, with UBS raising its target price to Rs 12,000. The exchange’s recent performance shows robust growth in profit and trading turnover, particularly in the bullion segment. New product launches are also contributing to its positive trajectory.Read More
India Inc’s optimism for the second half of FY26 is tempered by muted Q2 earnings, with companies focusing on cost control. While markets anticipate a rebound driven by rate cuts and tax rationalization, Dhananjay Sinha of Systematix Group cautions that the expected 14-15% growth next year is partly a statistical effect.Read More
HDFC AMC shares fell nearly 50% in early trade, but the drop is purely technical as the stock turned ex-bonus after a 1:1 bonus issue. The price adjustment reflects the addition of new shares without impacting investor wealth. Shareholders on record as of November 25 will receive bonus shares in the company’s first-ever such issuance.Read More
Maruti Suzuki has surged 47% year-to-date in 2025, outperforming the Nifty Auto index. This marks a significant turnaround after five years of lagging the sector. Analysts see a positive trend despite recent profit-booking. The company’s strong quarterly results and optimistic demand outlook, including potential for increased exports, support this positive sentiment.Read More
Infosys buyback: November 26 marks the final opportunity for eligible shareholders to tender shares in Infosys’ Rs 18,000 crore buyback program. Shareholders can tender shares at Rs 1,800 apiece, with acceptance ratios varying significantly for retail and general categories.Read More
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