Convert, split, pledge: How share capital is used as a tool and trick to manipulateA tiny number of shares can sometimes set the "price" for the entire company. And a price built on almost no real trading is exactly the ki...
India, US sign Rs 292 crore deal for buying Javelin missilesIndia has formalized an agreement with the United States for the acquisition of Javelin anti-tank missiles, utilizing emergency procurement...
Elara initiates coverage on Alkem, Eris, IPCA and Mankind. Check ratings and targetsElara has initiated coverage on four pharmaceutical stocks, assigning Buy, Accumulate and Reduce ratings. Alkem Laboratories emerged as its...
Jefferies initiates SBI Funds Management coverage with Buy; sees 26% upsideJefferies initiated coverage on SBI Funds Management with a Buy rating and a Rs 710 price target, implying 26% upside. The brokerage expect...
US earnings cycle no longer carried by Mag7 as profits spread across S&P 500US earnings momentum is broadening beyond the Magnificent 7, with S&P 500 CY27 EPS estimates rising nearly 22% year-on-year. Stronger reven...
Nvidia at heart of data centre revolution, says BNP Paribas; sees 36% upsideBNP Paribas has issued an outperform rating on Nvidia with a target price of $285, implying a 36% upside. The brokerage highlighted Nvidia'...
Abercrombie & Fitch stock surges: Why ANF is on fireAbercrombie & Fitch shares surged 36% after a strong Q2 earnings beat and upgraded guidance. Record revenue, robust brand growth, tariff re...
Lupin share falls 2%; Citi downgrades to Sell, cuts target price to Rs 2,050Lupin shares fell after Citi downgraded the stock to ‘Sell’ and cut its target price to Rs 2,050. The brokerage expects weaker US base-busi...
HP forecasts strong fourth-quarter profit on price hikes, US tariff refundsHP forecast fourth-quarter profit above Wall Street estimates, helped by expected tariff refunds and higher prices for premium and AI-power...
EPFO credits August pensions early to 4,40,901 pensioners in Keralam Zone amidst Onam celebrationsThe Employees' Pension Fund Organisation credited August pensions early for 4,40,901 pensioners. This advance disbursement occurred on Augu...
Hindustan Zinc vs Hindalco: Why Jefferies raised target prices for both, but prefers one over the otherJefferies has raised its target prices for Hindustan Zinc and Hindalco Industries, but prefers the former, retaining a Buy rating versus Ho...
Jefferies picks 4 NBFCs with up to 20% upside that may continue outperforming Nifty, bank stocks. Here’s whyJefferies has picked Bajaj Finance, Cholamandalam Investment and Finance Company, Aditya Birla Capital and Shriram Finance to outperform th...
Will IHCL's merger with Oriental Hotels unlock value for shareholders? Here's what Goldman Sachs, Nomura, and others sayIHCL’s merger with Oriental Hotels is expected to be EPS accretive and strengthen its presence in South India, according to brokerages. Nom...
Food recall: Is your dog’s food affected? Check reason, list of recalled canned products of Fromm and moreFromm Family Foods has recalled two canned dog food products in the US and Canada. These products may contain small pieces of metal, accord...
Jefferies retains Buy on Crompton Greaves; sees up to 29% upsideJefferies retained its Buy rating on Crompton Greaves Consumer Electricals with a Rs 330 target, implying nearly 29% upside. The brokerage ...
Higher EPS pension: What is government doing on pending application for higher EPS pension; here's what union minister saidEPS 95 latest news: The Employees' Provident Fund Organisation (EPFO) has received over fifteen lakh applications for higher EPS pensions. ...
EPS pension hike: Will minimum pension rise from Rs 1,000 to Rs 7,500?Minimum EPS pension: Pensioners are advocating for a boost in the minimum EPS pension. The government reassured them that existing pensions...