Hero MotoCorp shares slipped 3% to Rs 5,382 after reporting a 6.3% decline in October sales for FY26, driven by lower motorcycle and domestic sales. However, scooter and export volumes rose sharply. Citi retained its Buy rating with a Rs 6,100 target, citing festive demand and solid retail momentum.Read More
Veteran investor Ashish Kacholia reduced his holdings in four companies during the September quarter. He trimmed stakes in Dhabriya Polywood, Fineotex Chemical, Xpro India, and Brand Concepts. This move signals selective profit-taking after strong multi-year gains in these investments. Kacholia’s portfolio currently holds 48 stocks valued over Rs 2,739 crore.Read More
Indian government bonds rose in early trading on Tuesday, as speculation of central bank support and the rupee’s best open in about three weeks spurred short-covering.Read More
Thangamayil Jewellery surged 19% to a record high of Rs 3,089 after posting a strong turnaround in Q2FY26 and record sales in October. The company reported a net profit of Rs 58.5 crore versus a loss last year, while revenue jumped 45% YoY. October revenue crossed Rs 1,000 crore for the first time, driven by festive demand.Read More
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
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