Groww’s IPO enters Day 2 with 57% subscription and strong retail demand, while brokerages including SBI Securities, Religare, and Anand Rathi recommend a ‘Subscribe’ rating. The IPO, trading at a 14.75% grey market premium, reflects strong retail participation and optimism around the fintech’s robust growth and profitability.Read More

Britannia Industries’ Q2 profit rose 23% YoY to Rs 655 crore, driven by cost control and stable commodity prices. The company also appointed Rakshit Hargave as its new CEO.Read More

Mutual funds are investing in IPO anchor books, raising concerns about potential overvaluation. Fund houses clarify their rationale, emphasizing long-term potential and portfolio fit over hype. Exposures remain minimal, guided by strict regulatory frameworks and internal research models evaluating business fundamentals, governance, and market position.Read More

Delhivery shares: Delhivery’s shares dropped 8.5% after the logistics firm reported a Rs 50.38 crore net loss in Q2 FY26, despite record shipment volumes and revenue growth. The company also announced a CFO transition, with Vivek Pabari set to take over from Amit Agarwal in January 2026.Read More

Indian stocks surged on Thursday, led by strong quarterly results from Sun Pharma and Britannia. The inclusion of four Indian firms in the MSCI index further boosted sentiment, with major indices seeing gains. While broader markets remained flat, specific stocks like Paytm also experienced significant upward movement, attracting foreign investment interest.Read More

In an encouraging shift on Thursday, the Indian Rupee gained 8 paise versus the US Dollar, finishing the day at 88.62. This ascent was partly fueled by a softer dollar and lower crude oil rates, alongside supportive sentiment from strong domestic equity performances. However, the influence of foreign investor sell-offs tempered what could have been...Read More

Grasim Industries shares: The company reported a 76% year-on-year rise in consolidated net profit for Q2 FY26 to ₹553.48 crore, up from ₹314.63 crore a year earlier.Read More

Investors must buy BPCL and NTPC shares today, 6 November, to be eligible for their interim dividends of Rs 7.5 and Rs 2.75 per share, respectively.Read More

Emmvee Photovoltaic Power has announced its Rs 2,900-crore IPO, with a price band of Rs 206-217 per share, opening November 11. The company, a leading solar PV manufacturer, aims for a valuation exceeding Rs 15,000 crore. Proceeds will primarily fund loan repayments. This move aligns with India’s surging solar manufacturing capacity.Read More

Brokerage firms remain optimistic on key stocks across the banking, infrastructure, and pharmaceutical sectors, citing improving earnings visibility and stable margins. Elara Capital has raised its target prices for City Union Bank and Ambuja Cement, while Choice Institutional Equities sees a 30% upside in R R Kabel. Motilal Oswal maintains a Buy on Gland Pharma,...Read More