ITC’s Q2 earnings are anticipated to show a modest profit increase of up to 11% year-on-year, with revenue projected to climb around 15%. Analysts expect steady cigarette volumes and an improved product mix to drive growth, though FMCG and agri segments might see slower progress.Read More
Orkla India’s Rs 1,667 crore IPO opened today, receiving 22% subscription within the first hour, led by strong retail and NII participation. Priced between Rs 695–730, the issue carries a grey market premium of Rs 77, implying a 10.5% listing gain. Analysts recommend a long-term ‘Subscribe’ based on solid brand strength and financials.Read More
Aditya Birla Capital shares: Advent International’s affiliate Jomei Investments has fully exited Aditya Birla Capital, selling its entire 2% stake, or 53.2 million shares, via a block deal at ₹308 per share for ₹1,639 crore ($186 million), a 1.5% discount to the previous close.Read More
Apple briefly hit a $4 trillion valuation driven by strong iPhone demand and renewed investor optimism, joining Nvidia and Microsoft in the elite club despite lingering concerns over its AI strategy.Read More
Veteran investor Dolly Khanna has reshuffled her Rs 500 crore portfolio, adding to five small-cap stocks including Mangalore Chemicals and Coffee Day Enterprises. Her trades signal selective optimism in India’s industrial and fertilizer sectors, with a contrarian bet on Coffee Day’s revival potential.Read More
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