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CarTrade Tech jumps as foreign brokerage raises target
CarTrade Tech surged 5.02% to Rs 2,827.85 after a foreign brokerage reiterated its bullish view on the stock and raised its target price, signalling significant upside potential from current levels.
I Squared, TPG-CPPIB consortium nears bid for KKR-backed Re Sustainability
I Squared Capital and a TPG-CPPIB consortium are preparing final bids for KKR-backed Re Sustainability in a deal valued at up to $1.4 billion, as rival private equity firms exit the race.
Union Cabinet approves six-lane Dwarka tunnel, Kanpur-Kabrai highway worth Rs 14,115 crore
The Union Cabinet has greenlit two significant highway projects totaling over Rs 14,000 crore. A six-lane tunnel will soon connect Dwarka Expressway to South Delhi, easing congestion and boosting urban mobility. Additionally, a new greenfield highway will link Kanpur and Kabrai in Uttar Pradesh, promising faster travel and improved logistics for regional economic growth.
HSBC inks pact with Prestige Group to pre-lease 1.2 million sq ft office in Bengaluru
Global banking giant HSBC has secured a massive 1.2 million sq ft office space in Bengaluru's Prestige JRC Signature Towers. This significant deal, valued at over Rs 3,000 crore for a 20-year lease, highlights Bengaluru's appeal for multinational financial firms. The under-construction campus, set for completion in October 2027, underscores the strong demand for integrated, high-quality office spaces in India's tech and finance hub.
Nomura expects IT firms to see 'anaemic' growth in FY27. Here are latest target prices for Infosys, TCS, and others
Nomura expects subdued near-term growth for Indian IT companies as macro uncertainty and weak tech spending weigh on demand ahead of Q1 earnings. However, it sees long-term opportunities emerging from AI-driven changes, with IT firms potentially expanding their addressable market as enterprises increasingly rely on system integrators in hybrid human–digital workflows.
Accel, Nikhil Kamath-backed Sarla Aviation completes flight test campaign of demo e-aircraft
Bengaluru-based Sarla Aviation, backed by Nikhil Kamath, has successfully completed flight tests for its electric aircraft technology demonstrator, Sylla. This milestone precedes the planned 2028 launch of their full air taxi, Shunya. Sylla 1.0 validated key engineering objectives, including vertical take-off and hover capabilities, marking a significant step for India's urban air mobility sector.
Explained: Why Tata Elxsi shares crashed 7% after KPI Tech’s Q1 revenue, profit guidance warning
Tata Elxsi shares fell sharply on Wednesday after rival KPIT Technologies warned of weaker-than-expected Q1FY27 revenue and margins due to a sudden slowdown in orders from European automakers. The update raised concerns over demand across the automotive engineering and software services space, weighing on peer stocks.
Kratikal Tech Share Price Today | BO: KARK - Investing.com India
Kratikal Tech Share Price Today | BO: KARKInvesting.com India
Cartrade Tech share price jumps 6%. Nomura sees more big upside - Mint
Cartrade Tech share price jumps 6%. Nomura sees more big upsideMint
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.
KPIT Tech shares sink 17%, see worst plunge since 2020 Covid crash. Time to buy or more pain ahead?
KPIT Technologies shares dropped to a fresh 52-week low on Wednesday after the company warned of weaker-than-expected Q1 FY27 revenue and margin performance due to a sudden slowdown in orders from European automakers. Technical analysts caution that the stock remains under pressure, with key support seen around the Rs 550 level.
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.