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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...
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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.
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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.
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As of October 2025, data shows that 241 stocks were held by over 100 mutual fund schemes, indicating widespread institutional interest.
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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...
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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.
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Hero MotoCorp is expected to post strong Q2 results, driven by festive demand, volume recovery, and a richer product mix. Brokerages project double-digit growth in revenue and profit, aided by higher ASPs, stable input costs, and improved margins. Analysts remain upbeat on Hero’s festive momentum and EV strategy.
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Awfis CEO Amit Ramani addressed market concerns, clarifying that company-wide debt stands at 21 crores, a decrease from the previous year, while profitability and EBITDA have seen significant year-on-year growth.
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Groww’s successful stock listing highlights a major change in how Indians invest. Digital platforms like Groww make investing simple, like online shopping. This has brought many middle-class individuals into the stock market. The trend shows a growing confidence in equities as a way to build wealth. This shift is reshaping India’s financial landscape.
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Aequs Ltd. raised around ₹144 crore through a pre-IPO placement by issuing 1.16 crore shares at ₹123.97 each to marquee investors, including SBI Funds Management, DSP India Fund, and Think India Opportunities Master Fund.
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