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Uno Minda Ltd down for fifth straight session
Uno Minda Ltd is quoting at Rs 1119.3, down 0.27% on the day as on 13:19 IST on the NSE. The stock jumped 13.12% in last one year as compared to a 4.93% slide in NIFTY and a 9.05% spurt in the Nifty Auto index.
TVS Motor Company Ltd slips for fifth straight session
TVS Motor Company Ltd is quoting at Rs 3436.7, down 2.57% on the day as on 13:19 IST on the NSE. The stock jumped 23.19% in last one year as compared to a 5.35% slide in NIFTY and a 9.13% spurt in the Nifty Auto index.
Kotak AMC’s Shibani Sircar Kurian bets on financials and healthcare; cautious on IT
Shibani Sircar Kurian, Head -Equity Research and Fund Manager at Kotak Mahindra AMC, which manages assets worth nearly $4.79 billion, said the ongoing Middle East conflict remains the biggest concern for Indian markets due to its potential impact on oil prices, growth and earnings. She said Kotak AMC remains selective, favouring financials, healthcare and parts of industrials, while staying cautious on smallcaps and Indian IT amid AI-led disruption. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Bajaj Auto Ltd spurts 1.14%, rises for third straight session
Bajaj Auto Ltd is quoting at Rs 10725.5, up 1.14% on the day as on 12:49 IST on the NSE. The stock is up 39.61% in last one year as compared to a 0.68% jump in NIFTY and a 20.66% jump in the Nifty Auto index.
Uno Minda Ltd gains for third consecutive session
Uno Minda Ltd is quoting at Rs 1176.8, up 2.71% on the day as on 12:49 IST on the NSE. The stock is up 29.06% in last one year as compared to a 0.68% spurt in NIFTY and a 20.66% spurt in the Nifty Auto index.
Mahindra & Mahindra Ltd spurts 1.18%, up for third straight session
Mahindra & Mahindra Ltd is quoting at Rs 3248.7, up 1.18% on the day as on 12:49 IST on the NSE. The stock is up 4.13% in last one year as compared to a 1.62% fall in NIFTY and a 13.84% fall in the Nifty Auto index.
Indian brands are disrupting sneakers — one ₹5,000 pair at a time. But can they earn trust?
Sneakers are now a fashion statement in India. Local brands are entering the market with competitive prices and cultural relevance. These homegrown companies aim for the mass-premium segment, offering stylish footwear. While consumers are willing to spend, building trust remains a key challenge for these new players. The market is experiencing significant growth, especially in metro cities.
Q4 Results LIVE Updates: L&T shares decline over 3%, Coforge up 8% post earnings; Bajaj Auto report today
Q4 Results LIVE Updates: It is yet another busy day for markets on Wednesday, May 6, as the over 60 firms are scheduled to report their earnings, including one Nifty 50 company Bajaj Auto, which will also be announcing its share buyback today. L&T has been downgraded by Nomura, while Coforge valuations are attractive as per analysts. Watch this space for all the LIVE updates.
M&M shares rise nearly 3% after Q4 results, emerge as top Nifty 50 gainer. Should you buy, sell or hold?
Mahindra & Mahindra shares rose nearly 3% after reporting a 48.5% increase in Q4 consolidated profit to ₹5,259.91 crore. The company expects growth in the tractor and SUV segments for FY27, supported by strong consumer sentiment and product launches.
Gujarat Cotex to raise nearly Rs 43 cr through rights issue
Gujarat Cotex is set to raise approximately Rs 43 crore through a rights issue to fund its expansion projects, including a new premium hotel. The issue, offering six shares for every one held, opened on April 10 and closes May 8. Proceeds will also bolster the company's financial standing as it diversifies into real estate, hospitality, and agri-commodity trading.
HDFC Life Q4 Results: HDFC Bank to increase stake in the company as profit rises 4% YoY
HDFC Life Insurance will issue shares worth one thousand crore rupees to promoter HDFC Bank. This move aims to strengthen the insurer's solvency and support future growth. The company reported a modest profit rise in the March quarter. Net premium income also saw an increase. The board recommended a final dividend for FY26.
Mutual fund bulls vs FII bears: The Rs 38,000 crore battle for 5 popular bank stocks
Domestic mutual funds bought banking stocks worth Rs 38,000 crore in March, countering heavy FII selling of Rs 60,655 crore during the Iran war selloff. Major accumulation was seen in HDFC Bank, ICICI Bank, SBI, Kotak Mahindra Bank, and Axis Bank. HDFC Bank emerged as the top pick across leading mutual fund houses, according to Prime Database estimates.