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Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth
Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.
Taiwan central bank chief warns of AI bubble risk
Taiwan's central bank governor warns of an AI bubble risk from over-leveraged tech firms, despite real growth and Taiwan's key role in the AI supply chain.
Stock Alert: JSW Infra, Ideaforge Tech, Uno Minda, Orchid Pharma
Ideaforge Technology launced the qualified institutional placement (QIP) issue and fixed the floor price at Rs 835.86 per share. The company may offer a discount of up to 5% to the floor price.
Dixon Tech, Coforge, 8 other stocks among Motilal’s non-Nifty ideas ahead of Q1 results
Motilal Oswal has identified ten non-Nifty stocks for investors ahead of quarterly earnings. The brokerage anticipates healthy revenue growth across various market capitalizations. TVS Motor and Dixon Technologies are among the top picks with significant upside potential. Radico Khaitan and Indian Hotels Company also show promising revenue growth prospects. Coforge and Kirloskar Oil Engines are also highlighted for their future performance.
Asian shares mixed, oil prices decline after Opec+ announces output hike
Asian shares and US futures were mixed on Monday following a long weekend on Wall Street, while selling of technology shares pulled benchmarks in Tokyo and Seoul lower. Oil prices slipped after OPEC+ announced Sunday that seven of its members plan to expand oil production by a combined total of 188,000 barrels per day in August. It was the fifth consecutive month OPEC+ members have agreed to raise output. The countries increasing their output are Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman. Uncertainty over supplies persists as talks with Iran aimed at fully reopening the Strait of Hormuz appear to be on hold during funeral ceremonies for Ayatollah Ali Khamenei, which will continue for several days. In energy trading early Monday, Brent crude, the international standard, lost 25 cents to $71.87 a barrel. US benchmark crude lost 10 cents to $68.59 a barrel. Japan's Nikkei 225 lost 0.4% to 69,468.17. Tech giant SoftBank Group Corp. declined 3.4%, while computer
Flipkart names Vinay Vaidya as senior VP to bolster tech leadership
Flipkart has appointed Vinay Vaidya as Senior Vice President of Technology for its supply chain, aiming to bolster its tech leadership and advance AI and platform capabilities. Vaidya, with extensive experience from Amazon and Tata Digital, will oversee technology across fulfilment, seller experience, and marketplace operations.
This move by Dixon Tech could create a large and high-margin opportunity, Investec says
Beyond smartphones, Investec said Dixon's IT hardware and telecom businesses remain on a strong growth trajectory. It expects ongoing backward integration initiatives to support margin expansion from FY28 onwards.
CarTrade Tech shares rocket 6% as Nomura raises target price. Here are 3 reasons why
CarTrade Tech shares rose after Nomura reiterated its 'Buy' rating and raised its target price, citing stronger growth prospects for OLX. The brokerage expects artificial intelligence-led monetisation, new revenue streams, expanding margins and rising adoption of financing, escrow and logistics services to support long-term earnings growth.
Rekha Jhunjhunwala-backed VA Tech Wabag rises 4% on order win; up 58% YTD
VA Tech Wabag is backed by marquee investor Rekha Jhunjhunwala. As per the March 2026 quarter shareholding pattern, Rekha Jhunjhunwala owns 50,00,000 shares (8.2 per cent stake) of VA Tech Wabag.
TVS Motor, Dixon Tech In, Reliance, M&M Out: Which Stocks Made It Into Macquarie's New India Portfolio?
The biggest changes came in the brokerage's tactical portfolio, where it introduced Axis Bank, Hyundai Motor India and Dixon Technologies, while removing Shriram Finance, Reliance Industries and Coal India.
Rekha Jhunjhunwala portfolio stock VA Tech Wabag jumps over 6% after announcing an order win; details here
Rekha Jhunjhunwala's portfolio stock, VA Tech Wabag, jumped more than 6% in morning trade on Wednesday, 1 July, after the company announced a large order win in Austria.
Stocks to Watch today: HDFC Bank, Biocon, SJVN, Container Corp, Yes Bank
Stocks to Watch today, June 30, 2026: Tech Mahindra, Axis Bank, Godrej Properties, RITES, SIS, Jagsonpal Pharma, and Sterling and Wilson Renewable Energy are top stocks to remain in focus