Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Dixon Tech shares jump 4% on govt nod to form JV with Vivo. What are experts saying?
Dixon Technologies' shares rose significantly after Vivo Mobile India secured government approval for a joint venture. This partnership will focus on manufacturing smartphones for Vivo within India. Experts foresee substantial production increases and strengthened market leadership for Dixon. The joint venture is expected to commence operations by September 2026. Dixon's strong financial metrics and policy support underpin its positive outlook.
RailTel Corp rises after securing Rs 18.54 crore order from Uttar Pradesh government
RailTel Corporation of India rose 2.66% to Rs 310.95 after the company announced that it has secured a work order worth Rs 18.54 crore from the Information Technology and Electronics Department, Government of Uttar Pradesh.
Did Goldiam International shares really crash 24% in one day? Here’s how the bonus math works
Goldiam International shares appeared to fall 24% after turning ex-bonus, but the decline was purely due to the 1:3 bonus share adjustment. Adjusted for the bonus, the stock was actually trading higher. Here's how the ex-bonus price works and what investors need to know about the corporate action.
Kalyan Jewellers shares set for best week on record after 35% surge in three sessions
Trading activity remained elevated, with around 4 crore shares changing hands by afternoon, compared with the 20-day average of 22 lakh shares. About 13% of the traded quantity had been marked for delivery.
Kalyan Jewellers jumps 9%, extends 3-day rally to 36%. What's next?
Kalyan Jewellers shares saw significant gains after a strong first-quarter business update. The company reported nearly 38% consolidated revenue growth compared to the previous year. This performance occurred despite a challenging period for gold purchases. Analysts maintain a bullish stance, citing expansion strategies and industry formalisation.
India's growth riding on copper, govt should help boost capacity, industry body says
India's infrastructure boom fuels copper demand growth significantly higher than GDP. Copper demand is projected to rise nine to ten percent annually. This surge is driven by infrastructure, clean energy, and consumer electronics needs. India has become a net importer of copper after a smelter closure. New capacities are emerging, but a deficit is still expected.
Kalyan Jewellers stock to double from here? Why analysts are bullish
Kalyan Jewellers reported strong first-quarter revenue growth despite market headwinds. The company's international business and digital platform also showed significant expansion. Analysts are bullish, with some predicting the stock could double in value. Technical indicators suggest a positive medium-term outlook for the stock. Investors will monitor future showroom launches and festive season demand.
TCS shares jump over 3% after Q1 results. What are Morgan Stanley, Citi and other brokerages saying?
TCS shares climbed 3.5% after the IT major reported a 5% year-on-year rise in Q1FY27 net profit to Rs 13,349 crore and a 14% increase in revenue. While most brokerages retained their ratings, views remained mixed on the outlook, with optimism over AI-led growth offset by concerns around weak discretionary spending, margins and global macro uncertainty.
Vedanta Aluminium, Adani Power, 4 other stocks with up to 24% upside. Do you own any?
Several brokerages have initiated coverage on Indian stocks, forecasting significant upside potential. Vedanta Aluminium and Adani Power are among the companies with positive outlooks. Uno Minda and Blue Star also show strong growth prospects for investors. Aequs and Aditya Infotech are highlighted for their manufacturing and market leadership. These selections offer investors potential gains based on analyst recommendations.
Dixon Technologies share price jumps 3% after govt clears Vivo India JV; should you buy the stock? - livemint.com
Dixon Technologies share price jumps 3% after govt clears Vivo India JV; should you buy the stock?livemint.com
Dixon Tech Shares Rally Nearly 3% After Long-Awaited Vivo JV Approval — Should You Buy?
The joint venture will engage in original equiment manufacturing (OEM) for smartphones. Dixon Tech holds 51% stake in the JV with Vivo, as per the filing.
Dixon Tech Shares In Focus After Long-Awaited Vivo JV Approval; Motilal Oswal Remains Bullish — Check Revised Target Price
Dixon has received the long-pending PN3 approval for its 51:49 JV with Vivo and Motilal Oswal expects this JV to enhance the company's manufacturing capabilities and strengthen its market share and positioning in the Android smartphone market in India.