Emmvee Photovoltaic Power is expanding rapidly, with plans to boost its module capacity to 16.3 GW and solar cell capacity to 8.94 GW by FY28. The company has shown strong financial growth, with PAT rising to Rs 369 crore in FY25. SBI Securities recommends a “Subscribe for Long Term,” citing solid fundamentals and improved profitability...Read More
Anand Shah of ICICI Prudential AMC expresses caution on India’s IPO market, citing stretched valuations and unrealistic growth assumptions. He believes genuine value lies in established listed companies with proven earnings, strong business moats, and rational pricing, especially amidst a time-correcting market.Read More
Ashok Leyland share price: Ashok Leyland reported a 7% YoY rise in Q2 net profit to Rs 820 crore, driven by strong exports, operational efficiencies, and steady margins. Brokerages remain bullish, with Nomura and Morgan Stanley raising target prices, citing improved profitability, structural growth, and attractive valuations.Read More
Info Edge reported a sharp 1,260% YoY jump in Q2 profit to Rs 316 crore, driven by higher revenue and exceptional gains. Revenue rose 15% to Rs 805 crore, with billings up 12% YoY. Brokerages Nomura and Goldman Sachs maintained Buy ratings, citing strong margins, stable growth outlook, and attractive valuations despite muted hiring trends.Read More
Asian Paints shares surged to a new high after reporting a strong 43 percent profit jump for the September quarter. Decorative paint demand and cost savings fueled this growth. Revenues also saw a rise. While the company declared a dividend, analysts hold differing views on its stock valuation and future growth prospects.Read More
Tata Steel’s September quarter profit soared fourfold to Rs 3,183 crore, driven by robust Indian sales and improved Netherlands operations. Consolidated sales climbed nearly 9% to Rs 58,689 crore, with Ebitda jumping 46%. The company also saw a reduction in UK operating losses and a decrease in tax expenses, signaling a strong financial performance.Read More
Honasa Consumer, the company behind Mamaearth, has reported a strong financial performance. The company achieved a net profit of Rs 39 crore in the second quarter of FY26. This marks a significant recovery from a net loss in the same period last year. Revenue from operations also saw a healthy year-on-year growth.Read More
Gold prices eased from a three-week high as a stronger dollar weighed on demand. Investors await the resumption of U.S. economic data to gauge the Federal Reserve’s interest rate path amid a prolonged government shutdown. Economists anticipate a December rate cut to support the labor market.Read More
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