HAL Q2 Results: Hindustan Aeronautics Ltd (HAL) reported a 10% year-on-year rise in Q2 net profit to ₹1,669 crore, with revenue up 11% to ₹6,629 crore. Sequentially, PAT jumped 21% from ₹1,384 crore in Q1FY26, supported by a 38% increase in revenue to ₹4,819 crore in the previous quarter.Read More
Helios Capital’s Samir Arora challenges mutual funds’ IPO investment strategies, urging due diligence beyond just valuation. He highlights Helios’ selective anchor investments in four IPOs this year, all showing positive post-listing performance. This comes amid ongoing debates on tech IPO valuations, with Lenskart’s lukewarm debut and insights from Nithin Kamath and Ashneer Grover adding to...Read More
SpiceJet Q2 Results: Budget carrier SpiceJet widened its consolidated net losses in the September quarter to Rs 621 crore compared to the net loss of Rs 458 crore in the year ago period. The profit after tax (PAT) is attributable to the owners of the holding company.Read More
HAL shares slipped on Wednesday after the Q2 results as margins fell short of guidance despite a 10% rise in profit. Revenue growth met expectations, but cost pressures hit operating performance. Analysts noted that while near-term sentiment is weak, the stock’s long-term uptrend remains intact.Read More
Asian Paints Q2 Results: Asian Paints announced a strong performance for the September quarter. Net profit surged 43% year-on-year to Rs 994 crore. Revenues grew 6% to Rs 8,514 crore. The company saw double-digit volume growth in its domestic decorative business. International sales also increased. Asian Paints declared an interim dividend of Rs 4.5 per...Read More
Fujiyama Power Systems launches its Rs 828 crore IPO on November 13. The price band is set at Rs 216-228 per share. The issue will be open for subscription until November 17. The company plans to use the funds for a new manufacturing facility and debt repayment. Research houses recommend subscribing for long-term growth.Read More
Goldman Sachs has turned bullish on India, upgrading it to ‘Overweight’ and predicting Nifty at 29,000 by end-2026. The brokerage identified 14 stocks across sectors — including Titan, Reliance, Maruti Suzuki, and NTPC — that could spearhead the next leg of market gains, driven by structural reforms, rising consumption, and strong corporate earnings visibility.Read More
The Nifty is poised to hit 26,300, says Dharmesh Shah, Vice President and Head of Technical and Derivatives Research at ICICI Direct, who believes India remains in a structural bull market. With defence stocks like Bharat Electronics (BEL) and PSU banks such as Canara Bank leading the rally, Shah advises investors to buy on dips...Read More
Allcargo Logistics’ demerger of its international supply chain business into a new listed entity, Allcargo Global, takes effect today. Shareholders will receive one Allcargo Global share for every Allcargo Logistics share held. The record date, revised from November 10 to November 12, determines eligible shareholders. The demerger became effective on November 1 after NCLT approval.Read More
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