Large Cap

SBI Q2 Net Profit Climbs 27.9% To ₹18,331.44 Cr, Beats Estimates
|Public sector banks have outpaced private lenders in terms of profit growth so far this earnings season as provisions see a sharp drop and public lenders improve operations.
Tata Steel Shares Upbeat As Surprise Q2 Earnings Beat Draws Optimism From Analysts
|The company's revenue from operations came down 3.2% year on year to ₹53,904 crore, compared with the ₹55,682 crore posted in the corresponding quarter of the previous year. Indian steelmakers have been under pressure as pricing stays muted as China floods the market with cheap exports, though steel deliveries in India improved marginally during the quarter.
GAIL India Shoots Up 6% As Brokerages Stay Bullish Despite Q2 Miss
|Morgan Stanley and Jefferies both issued favourable calls on the stock, highlighting GAIL's growth potential and re-rating prospects.
Why Is Tata Tech Up Today Despite Falling Short Of Q2 Estimates?
|Tata Group-owned Air India has engaged Tata Technologies to revamp its aircraft interiors, focusing on design improvements, weight optimisation and the integration of advanced materials to enhance passenger experience, the latter said on Monday.
Bharti Airtel Q2 Net Profit More Than Doubles To ₹3593.2 Cr On Tariff Hikes, Misses Street Estimates
|Airtel and its main competitors — Jio and Vodafone — hiked tariffs during the quarter as they look to shore up their margins in a traditionally price-sensitive market and move towards monetising 5G services.
ICICI Bank Q2 Net Profit Climbs 14.5% To ₹11,745.88 Cr, Beats Estimates But NIMs Weaker Than Expected
|The bank's net profit climbed to ₹11,745.88 crore in the quarter ended September, compared with the ₹10,261 crore it earned a year ago.
IndiGo Swings To Q2 Net Loss Of ₹986.7 Cr, Misses Estimates By Huge Margin
|The carrier's numbers were under pressure from higher fuel and employee costs as well as issues with Pratt & Whitney engines that have grounded part of its fleet and raised costs.
Tata vs. Adani: Comparing Multibillion-Dollar Empires
|The Tata Group is far more diversified across various different sectors, ranging from steel-making and consumer goods to hotels and IT. However, the Adani Group has unique interests in ports and green energy, apart from airports and cement.
Kotak Bank Q2 Profit Rises 5% To ₹3,343 Cr, Misses Street Estimates
|Ahead of earnings, Kotak Bank's share price ended 0.7% higher at ₹1,871.85 on Friday. The stock has shed 1.95% so far this year.
Axis Bank Trades More Than 1% Lower Ahead Of Q2 Result: What To Expect
|NII for the quarter is projected to rise by 10% year on year. Although slippages are expected to increase by 29%, they are predicted to decline by 12% sequentially.
Bharti Airtel Gets Massive Upgrade As HSBC Sees 13.6% Upside Ahead
|HSBC's upgrade factors in its confidence in Bharti Airtel's future growth, particularly in its mobile and home broadband segments.
Karan Johar's Dharma Productions Offers Stake To Mukesh Ambani's Reliance Amid Growing Troubles: Report
|A potential deal would bolster Reliance's presence in India's content production sector, though the size of the stake under negotiation has not been confirmed.
Strong Likelihood Of Gains In Titan's Share Price Within Next 15 Days, Says Morgan Stanley
|Morgan Stanley also noted that the delayed occurrence of the Pitru Paksh period last year had created a high base effect, contributing to the current year's growth outlook. Additionally, the brokerage highlighted improvements in Titan's growth momentum.
BEL Shares See-Saw After Inking ISRO Deal: Will Defence Stock Bounce Back From Poor Show On 1st Day In Nifty 50?
|The deal, signed at SAC Ahmedabad, is expected to boost indigenisation efforts in defence and space production, helping the country save foreign exchange, according to BEL.
Reliance Shareholders Lose ₹63,000 Cr In A Day As Profit Booking Batters Market
|The Mukesh Ambani-led conglomerate, which is India's largest company by market cap, said it would issue bonus shares to shareholders on a 1:1 basis, meaning investors would receive one new share of the scrip for every existing share.
Why Morgan Stanley Is Still 'Underweight' On Asian Paints, Berger Paints But Raised Earnings Estimates
|Over 55-60% of input costs for paint manufacturers are tied to raw materials, with crude oil influencing the cost of key components such as titanium dioxide, a critical ingredient in white paint.
Accenture Results Brighten Mood Among TCS, Infosys, Wipro, Other IT Stocks, Brokerages Share Mixed Reactions
|While the rise of generative AI and strong project wins provide reasons for optimism, hurdles remain, according to the brokerages.
Tata Power Hits All-Time High As Brokerage Upgrades Rating, Raises Target By 74%
|Tata Power's share price jumped up on Friday morning hitting a new all-time high of ₹485.90.
IPO-Bound Hyundai Motor India Should Be Valued Higher Than Maruti, Says Nomura
|Hyundai Motor India, which is set to launch India's biggest IPO soon, should be valued higher than market leader Maruti Suzuki, according to global brokerage Nomura.
Vedanta Share Price Swings Into The Red As It Mulls 4th Interim Dividend For Year
|he steady dividend payouts and capital appreciation have contributed to a 276% total shareholder return and a 65% dividend yield over the past five years as of June 30, according to the company's investor presentation.
BEL Shares On The Rise As Macquarie Sees 19% Upside
|Bharat Electronics (BEL) stock rose as Macquarie maintained its bullish call with target price of ₹350, citing strong FY25 guidance and backlog support.
Be Selective In IT Stocks As Signs Of Demand Recovery Still Muted, Jefferies Warns
|Jefferies did point out that the U.S. Federal Reserve's larger-than-expected 50 basis points interest rate cut has shifted investors' focus toward the IT sector, as a weaker dollar could help revive client spending and reduce interest burdens on firms.
Power Grid Shares In Black After Winning Interstate Transmission System At Gujarat
|Power Grid won the bid to develop a transmission system in Gujarat, including dynamic reactive compensation and STATCOM at Khavda Pooling Stations. Company has won multiple orders in the past and share price rose 0.7% on Tuesday.
Zomato's MCap Crosses ₹2.5 Lakh Cr For The First Time — Now India's 38th Biggest Firm
|Zomato‘s share price extended its gaining streak to the third consecutive session on Friday as the stock surged up around 4% to hit a new all-time high of ₹290.70.
Star Health Hit By Massive Data Breach, Millions Of Customers' Data Leaked On Telegram: Report
|Reuters said that it managed to download policy and claims documents, including names, phone numbers, addresses, taxdetails, ID card copies, test results and medical diagnoses, through the chatbots.
Adani Group To Pick Up 47% Stake In ITD Cementation As It Looks To Supercharge Portfolio: Report
|The agreement for this acquisition was reportedly reached earlier this week and an official announcement is expected shortly.
Why Macquarie Sees Upside For Tata Steel, JSW Steel, Hindalco, Other Metal Stocks
|Macquarie said steel companies are well-positioned to benefit from domestic price premiums and steady leverage, along with reduced input costs. The brokerage also noted that commodity prices could face upside risks in the next six to 12 months, potentially benefitting these firms further.
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