Prestige Estates Projects Ltd. reported a significant 95% surge in consolidated net profit to Rs 457.4 crore for the September quarter, driven by increased income and reduced expenses. The company’s total income also saw a rise to Rs 2,697.8 crore.Read More

India’s midcap stocks are reaching new heights, outperforming larger companies. Strong company earnings and reasonable stock prices are driving this surge. Experts see this as a fundamental shift, not just a temporary trend. Investors are favoring quality midcap companies with good growth and improving finances. This trend is supported by strong domestic investment.Read More

Pine Labs’ Rs 3,899.91 crore IPO debuts on Friday, November 14. Grey market trends suggest a modest 3% premium. The IPO saw strong institutional demand but tepid response from non-institutional investors. Analysts cite valuation concerns despite recent profit growth. The digital payments sector shows strong growth potential driven by increasing card usage and merchant digitization.Read More

Urban Company shares have fallen nearly 30% from their post-listing high, prompting investor questions about a buying opportunity. Analysts are divided, with some advising caution due to persistent downtrend and others seeing potential for a gradual recovery. The company reported a widened net loss in Q2 FY25 despite a significant revenue increase.Read More

Groww’s co-founder Ishan Bansal expressed optimism following the company’s strong stock market debut, highlighting a focus on long-term growth through customer acquisition, product expansion, and technological investment. The company plans to leverage India’s underpenetrated market and has significantly upgraded its infrastructure to support future growth, while maintaining a confident outlook on its valuation and profitability.Read More

SIP investments have surged significantly, highlighting their role in fostering investor discipline and overcoming emotional biases. Despite market volatility and concerns over high valuations, continuing SIPs is crucial for long-term wealth creation and compounding. Investors are advised to maintain discipline and avoid timing the market.Read More

Tata Motors (CV) shares fell sharply on Thursday after a strong market debut in the earlier sessions, prompting questions about whether the correction signals profit-taking or a buying opportunity. Analysts remain positive, citing the demerger’s value unlocking, strong freight demand, easing input costs, and the Iveco acquisition as key long-term catalysts for the commercial vehicle...Read More

Vodafone Idea shares have seen a significant rise driven by optimism regarding relief on Adjusted Gross Revenue dues. Global brokerage Citi has set a target price of Rs 14, suggesting a potential upside. The Supreme Court’s order allows for a reassessment of AGR dues, opening avenues for financial relief.Read More

Data Patterns India surged after reporting strong Q2 results, with revenue and profit showing significant growth. Despite a margin dip due to a large strategic contract, management expects normal margins ahead. The company maintains healthy growth guidance, supported by a strong order book and positive outlook for FY26.Read More

Cochin Shipyard shares saw a sharp decline after the PSU reported a steep 48% YoY drop in Q2 net profit to Rs 101 crore, hurt by higher subcontracting costs and provisions, which surged fourfold year-on-year to Rs 21 crore, though they declined 37% sequentially. Revenue slipped 13% YoY, while EBITDA margin plunged to 5.9%.Read More