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IPO multibagger ESDS shares hit 5% lower circuit as Q1 net profit more than halves. Time to sell?Newly-listed ESDS Software Solution hit the 5% lower circuit at Rs 1,758 after Q1 FY27 net profit fell 57% sequentially to Rs 29.3 crore. D...- Meesho shares can fall 28%, warns Nomura after initiating coverage with Reduce call. Here is whyShares of Meesho dropped up to 5% to Rs 221 after Nomura initiated coverage with a Reduce rating and a Rs 167 target price, citing a 28% do...
- YouTube brings AI to shopping in India with new tools for viewers, creatersYouTube is enhancing its shopping experience by implementing new AI tools for product inquiries. The platform has expanded its affiliate pr...
- VCs hungry for kitchen startups; Vala Afshar’s blueprint for India’s AI futureHappy Thursday! Venture capital investors are betting on the premiumisation wave wafting into Indian kitchens. This and more in today’s ETt...
- RPS Ventures sells 0.9% stake in Meesho for Rs 899.7 croreAs of June 30, RPS Ventures held a 1.2% stake in Meesho. Norges Bank, Fidelity, Goldman Sachs, Morgan Stanley and Citigroup were among the ...
- Hero Motors shares hit 20% upper circuit after lackluster debut. Should you buy, sell or hold?Hero Motors shares staged a dramatic recovery on Wednesday, surging 20% to hit the upper circuit at Rs 98.40 after listing at a 2% discount...
- Global Market: Grab executives buy over $30 million in shares after stock slumpGrab Holdings executives purchased over $30 million in shares to boost investor confidence following a 50% stock decline. The sell-off occu...
- SS Retail shares rally another 6% after bumper listing at 51% premium over IPO price. Buy, sell or hold?SS Retail shares extended gains after a bumper debut, rising over 6% following a 50.73% listing premium on the BSE. With the stock trading ...
- Meesho shares drop 4% after block deal worth Rs 900 crore. Should you buy the dip?Meesho shares witnessed a dip on Wednesday after 3.86 crore shares changed hands in a block deal worth Rs 899.71 crore on the BSE. The tran...
- Bajaj Finance shares jump 3% after UBS upgrades to Neutral, hikes target price while Jefferies screams BuyBajaj Finance shares jumped 3% on Wednesday following bullish brokerage calls. Global brokerages Jefferies and UBS issued positive outlooks...
- Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities reversed morning gains on Tuesday, with Sensex falling 330 points and Nifty closing lower after sharp volatility during the...
- Meesho shares rally 12% after UBS hikes target price by 24%. What’s keeping analysts bullish?UBS has raised its Meesho estimates across NMV, contribution profit and EBITDA, citing stronger seller and buyer growth and improving unit ...
- Indian diaspora founders account for $560 billion of overseas unicorn value: ReportThe figure was calculated by dividing each company’s value equally among its founders and adding only the share of those who grew up in Ind...
- ESDS Software shares snap 3-day fall, hit 5% upper circuit. What should shareholders do?Shares of ESDS Software Solutions snapped a three-day falling streak on Monday, hitting a 5% upper circuit at Rs 1,622. After surging 325% ...
- Value commerce startup CityMall in talks to raise Rs 400-500 crore led by Jungle Ventures: SourcesCityMall’s push into ecommerce in smaller towns and cities comes at a time when larger 10-minute delivery players such as Flipkart Minutes ...
- Ahead of Market: 10 things that will decide stock market action on MondayIndian equities extended their recovery, with Nifty gaining 0.33% as moderation in crude and global yields supported sentiment. Sensex slip...
- Ahead of Market: 10 things that will decide stock market action on FridayIndian equities ended mixed on Thursday as Sensex slipped 22 points after sharp volatility during the closing auction session, while Nifty ...
- Rs 80,000 crore digital ad pie: Karan Taurani spots a hidden profit lever in new-age stocksIndia’s new-age internet companies may be sitting on a profit engine that investors are still not fully pricing in: advertising.
- Meesho discontinues CPO role, product leaders to report directly to business headsMeesho has discontinued its chief product officer (CPO) role as part of a product team restructuring, with product leaders now reporting di...
- CLSA sees 29% downside in Meesho despite a 19% YTD rally. Buy, sell or hold?CLSA maintained an Underperform rating on Meesho with a Rs 150 target, citing stretched valuations and optimism around advertising monetisa...
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