Indian stock markets opened lower on Friday. Both Sensex and Nifty are continuing their decline for the third day. Investors are booking profits. Foreign investors are also selling shares. This caution is overshadowing positive corporate earnings and trade talks. The Sensex and Nifty are set to end the week with small losses.Read More

Bajaj Housing Finance will be in focus after reporting an 18% YoY rise in Q2 net profit to Rs 643 crore, with revenue up 14% to Rs 2,755 crore. Sequentially, PAT grew 10%. Morgan Stanley maintained an ‘Overweight’ rating and set a target price of Rs 1,150, adding to the stock’s positive sentiment.Read More

Crompton Greaves Consumer Electricals reported a 41% YoY drop in Q2 FY25 net profit to Rs 75 crore, though revenue rose 1% to Rs 1,916 crore. Margins weakened due to commodity inflation and higher costs, but subsidiary Butterfly Gandhimathi posted double-digit growth. The company entered the solar rooftop segment with Rs 500 crore in new...Read More

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Infosys shares are under scrutiny as the record date for its Rs 18,000 crore share buyback approaches on November 14. This marks the company’s largest buyback ever, despite recent stock underperformance. The IT giant reported strong Q2 FY26 results with a 13% net profit increase and revised revenue guidance upwards.Read More

Life Insurance Corporation of India shares saw a significant jump. The company reported a strong 31 percent rise in its net profit for the July-September quarter. Global brokerage Citi has given a ‘Buy’ rating. They see a potential 50 percent upside for the stock. This positive outlook is driven by LIC’s performance and business strategy.Read More

Lenskart’s IPO grey market premium has dropped 70% from its peak, signaling investor caution despite strong subscription numbers. Analysts point to valuation concerns, suggesting muted listing gains, though the company’s robust business model and growth potential in India’s eyewear market are acknowledged as long-term positives.Read More

Pine Labs IPO: In its IPO report, SBI Securities gave Pine Labs a ‘Subscribe for long-term’ recommendation, highlighting the company’s strong growth prospects, improving profitability, and large market opportunity. The brokerage said the fintech firm is well placed to tap into the Rs 276 trillion digital payments market projected by FY29.Read More

Investors have a final chance today to buy Power Grid Corporation of India shares for a Rs 4.50 interim dividend. The stock will trade ex-dividend from November 10. This dividend is for the financial year 2025-26. Eligible shareholders will receive the payout on December 1. Other companies also have ex-dividend dates soon.Read More

Curis Lifesciences launched its Rs 27.5 crore SME IPO on November 7, aiming to raise funds for infrastructure expansion and working capital. The company, which focuses on contract manufacturing and exports, reported strong revenue and profit growth in FY25. The IPO will close on November 11, with shares set to list on the NSE SME...Read More