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
India’s auto sector shows renewed vigor post-GST rate rationalization, with passenger vehicles leading the recovery and two-wheelers showing optimism. Commercial vehicles, however, are expected to take longer to rebound, linked to broader capital expenditure. Meanwhile, investors are advised caution on IPOs, urging a wait for financial clarity post-listing.Read More
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