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Laurus Labs shifts gears as CDMO emerges as key growth driver; Nuvama sees 24% upsideNuvama Institutional Equities has initiated coverage on Laurus Labs with a ‘Buy’ rating and a target price of Rs 2,520, implying a 24% upsi...- PC Jeweller, Shanti Gold & other jewellery stocks rally up to 10%. Here's whyJewellery stocks, including Shanti Gold International, PC Jeweller and Sky Gold and Diamonds, rose sharply on Friday as mutual fund houses ...
- Persistent Systems shares slide 5% despite Q2 revenue growth. Buy, sell or hold?Persistent Systems shares fell 5% despite 7.8% sequential constant-currency revenue growth in Q2FY27, as margin contraction and a sharp dec...
- Jio IPO priced accessibly, proceeds to help clear $3 billion net debt: Isha & Akash AmbaniJio Platforms has set an IPO price band of ₹1,065 to ₹1,119 per share. The company plans to raise around ₹30,000 crore during its initial p...
- Stocks in news: RIL, Wipro, Jio Financial, Tata Communications, YES Bank, PNBFrom a technical perspective, the 23,000–23,100 zone remains an immediate resistance level for the Nifty, according to Ponmudi R, CEO of En...
- Investors temper Anthropic IPO valuation expectations over revenue growth slowdownSome investors who attended Anthropic's investor day on Wednesday in San Francisco discussed a valuation of around $1.5 trillion, three of ...
- Udaan sees growth after four years with 13% rise in revenuesUdaan has shifted to a cluster-led operating model with greater accountability for performance at the city and category levels, according t...
- Indian consumer firms face margin squeeze despite strong quarterly salesIndian FMCG companies are expected to report narrower September-quarter profit margins despite double-digit sales growth, as rising raw mat...
- Global Market: IMF urges governments to cut spending, reduce debt as borrowing costs riseThe IMF has urged governments worldwide to rein in spending, narrow budget deficits and reduce debt as global public debt approaches 100% o...
- US banks post strong profits, but inflation and rate risks cloud outlookMajor US banks reported higher third-quarter profits, supported by resilient consumer spending, AI investment and stronger trading revenue....
- HCL Tech shares rally over 4% after Q2 results. What are CLSA, JPMorgan, others saying?HCL Technologies share price: HCL Tech shares rose after the IT services major reported a 21% YoY rise in Q2 FY27 net profit to Rs 5,132 cr...
- IKEA targets 4x revenue growth in India by 2030The observation comes as the retailer plans to quadruple its revenue in India by 2030, expand its store network to 30 from the current eigh...
- GMR Airports among 3 stocks showing White Marubozu patternThree Nifty500 stocks that gained over 5% on October 9 featured in StockEdge’s White Marubozu scan, indicating strong buying momentum durin...
- HCL Tech Q2 Preview: Will the IT major narrow its guidance? 5 things to watch out forHCL Tech is set to announce its September quarter results on October 12, with brokerages expecting 12% year-on-year profit growth and 16% r...
- FMCG companies face a Q2 margin squeeze: Rising crude oil, palm oil and packaging costs threaten profits despite demand recoveryFMCG companies are likely to face operating margin pressure in the September quarter of FY27 due to rising crude-linked derivatives, palm o...
- Explained: Why IT stocks ignored Donald Trump’s PERM suspension to gain Rs 70,000 crore in one dayIT stocks rallied up to 4% on Friday, adding Rs 70,000 crore in market capitalisation, despite the US suspension of a labour certification ...
- Infosys, TCS, Wipro and other IT stocks rise up to 4%. Here are 3 important triggers to watchIT stocks including TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Coforge and Persistent Systems rose up to 4% on Friday. The gains came ami...
- India Inc's Q2 revenue growth to moderate to 16-16.5%: ReportIndia Inc’s revenue growth is estimated to moderate to 16-16.5% year-on-year in the September quarter from 17.4% in Q1, while aggregate Ebi...
- TCS, Infosys, HCL Tech, other IT stocks jump up to 3% despite weak market sentiment. What to expect as Q2 earnings season begins?IT stocks rose on Thursday as investors turned their attention to TCS, which is set to kick off the Q2 earnings season. Analysts expect mod...
- AI deals seen driving medium-term growth as Indian IT sector faces muted Q2: ReportIndia's IT services sector is likely to see muted performance in the second quarter of FY27, but increasing traction in artificial intellig...
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