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Stocks to buy for the long term: Axis Bank, Delhivery among Ventura's top picks with 19% to 58% upside - Mint
Stocks to buy for the long term: Axis Bank, Delhivery among Ventura's top picks with 19% to 58% upsideMint
Kotak Institutional removes ABB India, Siemens, Cummins India from model portfolio
Kotak Institutional Equities' Sanjeev Prasad prefers private banks over IT and expensive industrial stocks, citing attractive valuations, stable credit growth and the potential for re-rating. He warned that AI-driven pricing pressure makes it difficult to value IT companies and said investors should avoid chasing richly valued capital goods and electrification stocks despite strong long-term themes. Healthcare, hospitality, retail and telecom remain among his preferred sectors.
KPIT Tech shares hit by downgrades, target price cuts. What JPMorgan and other brokerages said
KPIT Technologies shares plunged after the company issued a weak preliminary Q1 FY27 business update, prompting several brokerages, including JPMorgan and JM Financial, to downgrade the stock and cut target prices. While analysts remain optimistic about the company's long-term prospects, they expect near-term earnings and growth to remain under pressure.
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.
Debt serviceability of corporate sector continues to improve, RBI notes in FSR report
Debt serviceability of corporate sector, as measured by the interest coverage ratio (ICR), a key indicator of corporate sector vulnerability, has continued to improve, RBI noted in its financial stability report. Supported by a stronger sequential increase in gross profits relative to interest expenses, the ICR rose to 6.5 in Q4:2025-26. However, at the aggregate level, the share of vulnerable firms (ICR < 1) increased during the quarter while the debt service ratio remained below the long-term average. Strong balance sheets of the non-financial corporate sector, along with those of financial institutions, have been a key pillar of domestic financial stability, the report noted. The private non-financial corporate sector maintained robust performance in Q4:202526, supported by higher sales growth and stable operating margins.
India's Below-Normal July Rain Forecast Risks Crop Outlook
July rainfall is expected to be less than 94% of the long-term average of about 28 centimeters, largely due to the emergence of an El Nino weather pattern in the Pacific Ocean, Mrutyunjay Mohapatra, director general of the IMD, said at an online briefing Tuesday.
Railtel Corp shares gain over 2% after firm wins Rs 108 crore order from Mahanadi Coalfields
Railtel Corporation's shares surged after announcing a significant Rs 107.61 crore order from Mahanadi Coalfields for an MPLS VPN network. This follows another recent win from Thane Municipal Corporation for a citizen engagement platform and a Goa Labour Welfare Board portal. Despite recent short-term dips, the company shows strong long-term returns and robust quarterly earnings growth, with revenue up 28% year-on-year.
KPIT Tech shares hit 10% lower circuit as company expects Q1 revenue decline, sharp hit to margins
KPIT Technologies shares plunged 10% after the company warned of a revenue drop in Q1 FY27, citing unexpected actions from European automakers. While short-term performance is expected to be weak, KPIT remains optimistic about long-term growth driven by outsourcing and automation. The company anticipates a strong rebound in the second half of FY27, building a solid foundation for future expansion.
Trade Setup For July 1: Nifty Support Slips To 23,700 Amid Mixed Global Cues, IT Drag | Check Key Levels
If the benchmark fails to sustain above this level, the downtrend may continue towards 23,550, followed by 23,400 in the short term.
RBI's net short forward dollar position increases to $106 bn by end-May
RBI's net short dollar position in the forward market rose to $106.66 billion in May, with increases across both short- and long-term maturity buckets
Quote Of The Day By Sundar Pichai: 'You Have To Work With People Who Make You Feel Insecure...'
Google CEO Sundar Pichai highlights the value of working with talented people who challenge and inspire growth. He says constructive discomfort, humility and continuous learning help individuals improve, innovate and achieve long-term success.
Nifty IT hits over 3-year low, crashes 30% year-to-date. Is it the right time to buy IT stocks?
With the Nifty IT index hitting a 3-year low, analysts share insights on the evolving landscape of the sector. Despite cautious client spending and economic uncertainties, opportunities in AI-led services may present a compelling case for long-term investors. Is it the right moment to buy?