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Benzinga Inspire
Ananthu C U
Benzinga Staff Writer
Apple To Assemble iPhone 16 Pro Models In India: Report
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Apple plans to manufacture top-tier iPhone 16 models in India with Foxconn, expanding production beyond China.
Shriram Finance Top Gainer As Nifty Roars Back To All Time High
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Nifty hits new all-time high of 24,861.15, boosted by Shriram Finance's 9.18% surge, while ONGC experiences biggest drop of 1.25%.
Paytm Shares Rocket 10% After Reports Of Getting Govt Nod To Invest In Its Payments Division
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Paytm shares rose 10% after getting govt. approval to invest in payments arm. Approval was delayed due to China link.
UBS Upgrade Keeps Ashok Leyland In The Black Despite Smaller Q1 Profit
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Ashok Leyland shares rose 6% despite 6% profit dip in June quarter. UBS upgraded stock to buy with target price of ₹280 due to strong demand and better valuations.
Motilal Oswal Financial Services Shares Surge 5% On Strong Q1 Results
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Motilal Oswal Financial Services stock rose 5% after reporting strong Q1 results. Net profit up 67.36% to ₹881.89 crore, revenue up 53.99% to ₹2,312.34 crore.
SJVN Shares Soar 13% After Getting ₹13,947 Cr Project In Mizoram
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Shares of SJVN rose 10% after securing a ₹13,000 crore project in Mizoram. The project is expected to be completed in 6 years with 8 units of 300 MW each.
Tech Mahindra Shares Deep In Red As Brokerages Wait For Turnaround After Worse-Than-Expected Q1 Results
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Tech Mahindra's stock falls after brokerages' bearish calls and mixed Q1 results.
This Technical Analyst Advises Caution On IFCI As It Nears Record High
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Analyst advises booking profits on IFCI within 88-92 range, waiting for correction before re-entry.
Tech Mahindra's Net Profit Up 22.96% To ₹851 Cr, Misses Estimates
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Tech Mahindra's Q1 results: Net profit up 22.96% to ₹851.5 crore, revenue slips 1.16%. EBIT margin at 8.5%.
Jupiter Wagons Net Profit Rise 46% to ₹91.92 crore
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Jupiter Wagons announced Q1 results, with 46.24% rise in net profit to ₹91.92 crore, and revenue up 16.81% to ₹879.86 crore.
Google Maps Rolls Out Metro Ticket Booking In Kochi, Chennai Via Namma Yatri
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Google Maps partners with Namma Yatri to introduce metro ticket booking in Kochi and Chennai, with plans to expand to other cities and modes of transport.
HG Infra Shares Surge 5% After Winning ₹763 Cr Order From Road Transport Ministry
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Shares of HG Infra surged 5.38% after winning the bid for a ₹763.11 crore MORTH project in Uttar Pradesh. Project expected to be completed in 2 years.
Nvidia Begins Equipping India Partners Tata Comm and Jio Platforms With Latest AI Chip
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AI chip giant Nvidia delivers newest chips to Indian partners Tata Communications and Jio Platforms to boost AI-cloud infrastructure development in India.
Brokerages Turn Cautious On Suzlon Despite Strong Showing In June Quarter
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Suzlon shares surged after strong results, but Nuvama and ICICI Securities downgraded stock. Q1 showed 200% profit jump, high order inflow and margin.
Axis Bank Shares Plunge As Brokerages Cut Target Price After Q1 Results Missed Expectations
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Axis Bank shares fell 4.35% after disappointing Q1 results led to target price cuts by brokerages. Net profit rose 4.1% but missed estimates.
Not RVNL Or IRCON, Nuvama Picks Titagarh, Texmaco As Winners Of Budget 2024
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Budget increases allocation for rolling stock within railway benefiting players like Titagarh and Texmaco says Nuvama.
Indian Passport Ranks 82nd In Henley Passport Index 2024, Offers Visa-Free Access To 58 Nations
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India's passport ranking jumps to 82nd position on Henley Index, allowing visa-free travel to 58 countries including popular destinations like Indonesia, Maldives, and Thailand.
Bajaj Finserv Net Profit Surges 10.04% To ₹2,138 Cr
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Bajaj Finserv reports 10.04% rise in net profit for June quarter, total income jump 35% to ₹31,480.14 crore.
KNR Construction, PNC Infratech, NCC Top Picks Of Analysts After Budget Doles Out ₹15,000 Cr To Andhra Pradesh
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Brokerages chose Andhra Pradesh-linked stocks as top picks in infrastructure segment after govt announced ₹15,000cr for state in budget.
ICICI Sec Sees HAL, BEL, BDL Benefiting From Budget Allocation, But Picks These 2 Small Cap Stocks As Top Bets
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ICICI Securities picks Solar Industries, Azad Engineering, and Zen Technologies as top choices due to increased allocation towards aircraft engines.