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PhysicsWallah shares can rally 32% from current levels, DAM Capital says with 'buy' rating
PhysicsWallah has seven analysts tracking the stock, of which six have a "buy" recommendation and one has a "hold" rating on the stock. The consensus price target of ₹131.57 implies an upside potential of 24% from Tuesday's close.
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI Report
India's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's external position. These steps aim to strengthen the Rupee and attract foreign capital. This could lead to a balance of payments surplus for FY27. Inflows are expected to boost foreign exchange reserves and banking system liquidity.
Meesho: Why Jefferies believes the stock could rally 34% from current levels
Jefferies sees significant growth for Meesho. The brokerage initiated coverage with a 'Buy' rating and a target price of Rs 225. This suggests a potential 34% rally for the stock. Meesho is well-positioned to benefit from India's expanding value-commerce market. The company targets price-conscious consumers, particularly in smaller cities. Jefferies expects strong growth in net merchandise value and revenue.
Stocks To Buy: HSBC bets on this 'consensus buy', projects 32% upside
Max Financial Services is a "consensus buy" on the street, with all 30 analysts covering the stock having a "buy" recommendation on the same. The consensus price target of ₹2,063, implies an upside potential of 29% from current levels.
NHAI flags off asset monetisation for FY27
The National Highways Authority of India has started its asset monetisation drive for the current financial year. Bids were opened for two national highway stretches in Tamil Nadu. Epic Concesiones 2 Pvt Ltd emerged as the highest bidder for TOT-Bundle 19. NHAI aims to raise significant funds through asset monetisation in the coming years.
Fertiliser Ministry seeks to double subsidy from Rs 1.71 lakh crore budgeted for FY27 as Iran war hits costs
With rising prices of imported soil nutrients stemming from ongoing conflicts in West Asia, the fertiliser ministry is pushing for a substantial hike in subsidy allocations for the current fiscal year. This move underscores the government's commitment to farmers, who rely heavily on state-supported urea and P&K fertilisers.
Hands-on with Intel's Arc G3 handheld at Computex: It might finally give AMD some competition
Intel is set to challenge AMD's hold on handheld gaming. New Arc G-Series processors, seen on the MSI Claw 8 EX AI+, offer better graphics and efficiency. Early impressions suggest smoother gameplay than current AMD-powered devices. This development could significantly shift the handheld gaming landscape. Availability in India and pricing remain key factors for its success.
Will India's AI multibaggers face a reality check as global bubble fears test valuations?
India's AI stocks are facing scrutiny as global concerns about a tech bubble grow. Companies linked to data centers and high-performance computing have seen significant gains. Experts question if earnings can justify current valuations. Investors are now focusing on the sustainability of these high stock prices. The AI opportunity remains strong, but careful stock selection and valuation discipline are crucial.
Analysts stay bullish on IndiGo stock as the FY30 vision takes shape
IndiGo, in its recently held analyst meet, reiterated its ambition to raise international capacity share to around 40 per cent by FY30 from the current 30 per cent, according to a note by Elara.
India posts USD 7.1 billion current account surplus in Q4 FY26, says RBI
India reported a current account surplus of USD 7.1 billion, or 0.7 per cent of GDP, in the January-March quarter of 2025-26, according to the Reserve Bank data released on Monday. The surplus stood at USD 13.7 billion, or 1.4 per cent of GDP, in the fourth quarter of 2024-25. However, for the entire fiscal year, the current account deficit stood at USD 25.2 billion, or 0.6 per cent of GDP, compared to USD 22.9 billion, or 0.6 per cent of GDP, during 2024-25. "Net services receipts increased to USD 60.4 billion in Q4 2025-26 from USD 53.3 billion a year ago," according to RBI's data on Developments in Indias Balance of Payments during the Fourth Quarter (January-March) of 2025-26. Services exports increased on a year-on-year basis in major categories, such as computer services and other business services. On the other hand, the merchandise trade deficit at USD 83.4 billion in Q4 2025-26 was higher than USD 59.3 billion in Q4 2024-25.
Indus Towers shares get a downgrade from UBS; Find out why its cautious on the sector
UBS has downgraded Indus Towers to "sell" from its earlier rating of "neutral" and cut its price target to ₹395 from ₹495 earlier. The revised price target implies a downside potential of 7% from current levels.
Tata Sons won't discuss Chandrasekaran's third term at board meet on Friday
Tata Sons' board is not expected to discuss a third term for chairman N Chandrasekaran at its meeting this week, despite having deferred a decision on his reappointment in February. The board will instead focus on the group's FY26 performance and plans for the current fiscal year.