Azad Engineering shares jumped after the company announced a major pact with Pratt & Whitney Canada. It has signed a Master Terms Agreement and Purchase Agreement to develop and manufacture aircraft engine components. The long-term partnership aims to boost Azad’s aerospace manufacturing capabilities and support advanced component production for global programs, in line with India’s...Read More
Delhi’s Khan Market has slipped to 24th globally in expensive retail locations, though it remains India’s priciest high street. London’s New Bond Street now leads the world. Indian high streets show remarkable resilience, attracting brands due to rising affluence and limited mall supply, driving significant rental growth in cities like Gurugram and New Delhi.Read More
Infosys shares jumped 3% to Rs 1,531 on 19 November as the company announced its Rs 18,000 crore buyback opening on 20 November. The tender offer allows repurchase at Rs 1,800 per share, with entitlements set for small and other shareholders. The process closes on 26 November, marking Infosys’ first tender buyback since 2017.Read More
LG Electronics India shares saw an uptick on Wednesday after Morgan Stanley initiated coverage on the stock with an overweight rating, highlighting strong margins, capital efficiency, and growth potential from new manufacturing, exports, and B2B operations. While near-term FY26 earnings may dip, medium-term expansion and localisation efforts are expected to drive revenue, margins, and steady...Read More
Motilal Oswal has identified ten small and midcap stocks poised for strong earnings growth through FY28. The brokerage’s latest picks span various sectors, with projections indicating significant EPS improvements for companies like Dixon Technologies, Kaynes Technology, and Coforge. Investors can examine these selections for potential robust returns.Read More
Tata Steel shares saw a slight increase after strong September quarter results. The company reported significant profit growth year-on-year and quarter-on-quarter. Revenue also climbed, indicating improved operations. Analysts maintain a positive long-term view, reiterating a ‘BUY’ rating with a target price suggesting potential upside. Technical indicators show neutral momentum with some short-term weakness.Read More
Indian government bonds traded narrowly as expectations of inclusion in the Bloomberg Global Aggregate Index were tempered by reduced buying from the “others” investor category, including the RBI. While index inclusion news spurred some buying, a sharp drop in “others” purchases limited gains, raising market confidence concerns. Investors await Fed minutes for U.S. rate cues.Read More
Groww shares have seen wild swings post-listing due to strong initial demand, extremely low free float of just 7%, and rich valuations. Heavy early buying and short-covering have amplified volatility, while tech-style multiples for a cyclical, competitive broking business are putting pressure. Price swings in Groww shares may continue as sentiment, fundamentals, and technical factors...Read More
The Indian rupee strengthened to a two-week high on Wednesday, driven by positive sentiment among traders and increased exporter activity. This rise comes amid ongoing concerns about trade deals and potential central bank intervention. Meanwhile, expectations of India’s inclusion in a major global bond index are also gaining traction, influencing market dynamics.Read More
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