Tata Steel shares hit a 52-week high of Rs 187, rising 3% on Wednesday and extending their rally for a sixth straight session. The uptrend follows bullish calls from brokerages, including Motilal Oswal, which upgraded the stock to Buy with a target of Rs 210, citing improving realizations, operating efficiencies, and strong domestic demand.Read More
Shares of DCM Shriram surged 8% to Rs 1,409 after the company reported a 153% YoY rise in net profit to Rs 159 crore for Q2FY26. Revenue grew 11% to Rs 3,272 crore, driven by strong performance in the chemicals, vinyl, and agri segments, prompting an interim dividend of 180%.Read More
Ashi Anand of IME Capital sees India’s speciality chemical sector poised for long-term growth, benefiting from global de-risking from China and cost competitiveness. While cautious on two-wheeler EVs due to uncertain profitability, he is optimistic about passenger vehicles and auto ancillaries, highlighting a multi-year opportunity in supply chain shifts away from China.Read More
Lenskart IPO: In the grey market, the IPO premium has slipped to about 18% from 27% a few days earlier, based on the issue price of ₹402 per share. Though listing gains are still anticipated, the drop in premium suggests investor sentiment has cooled slightly before the debut.Read More
Shares of CAMS fell up to 6.6% to Rs 3,718.40 on the BSE after the company reported a 5.7% YoY drop in Q2 FY26 PAT to Rs 113.94 crore. However, revenue hit a record Rs 376.74 crore, up 3.2% YoY and 6.4% QoQ, supported by robust growth in both mutual fund and non-mutual fund businesses.Read More
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