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Bharat Dynamics shares downgraded by Motilal Oswal, target cut by 23% after Q4 results
Bharat Dynamics’ Q4 performance came in below estimates as execution was impacted by delays in the supply of radars, seekers and other critical components for Akash and Astra Mk1 missile systems from external vendors.
Stocks to buy: Premier Energies, JSW Energy among top picks by analyst
Stocks to buy: Ruchit Jain of Motilal Oswal Financial Services recommends buying Premier Energies, JSW Energy and one other stock
Ashok Leyland Shares In Focus As Motilal Oswal Stays Bullish Despite Near-Term Headwinds — Check Target Price, Upside And More
Ashok Leyland delivered an in-line operational performance for Q4, with Motilal Oswal maintaining a bullish stance on the stock's long-term earnings outlook despite near-term demand uncertainties.
Development Bank of Japan makes maiden realty investment in India with HDFC Capital
Development Bank of Japan has invested in HDFC Capital's H-DREAM Fund, marking its first real estate venture in India. The fund focuses on affordable housing and has raised over $350 million towards a $500 million target. The development shows growing Japanese interest in India's real estate.
Stock markets decline for 2nd day on selling in oil, gas, banking shares
Stock markets closed lower for the second consecutive day on Wednesday as investors remained cautious amid conflicting geopolitical signals from the West Asia and fresh foreign fund outflows. In a volatile trade, the 30-share BSE Sensex declined 141.90 points, or 0.19 per cent, to settle at 75,867.80, with 20 of its constituents ending higher and 10 with losses. During the day, it hit a high of 76,224.68 and a low of 75,748.21, gyrating 476.47 points. The 50-share NSE Nifty skidded 6.55 points, or 0.03 per cent, to end at 23,907.15. Sensex had dropped by 479.26 points and Nifty by 118 points on Tuesday. Financials, oil & gas, IT and private banking shares were the major drag while energy, metals, and auto shares advanced, capping the downside. Among 30 Sensex firms, HDFC Bank fell the most by 2.63 per cent. Infosys, ITC, Hindustan Unilever, Reliance Industries and ICICI Bank were also among the major laggards. Power Grid, Eternal, NTPC and Tata Steel were the major ...
Monetise idle household gold, ease compliance burden to build Viksit Bharat: Kotak MF's Nilesh Shah
Nilesh Shah of Kotak Mutual Fund suggests India must unlock its vast household gold reserves. He also calls for easing business regulations. These steps are crucial for India's development. He highlighted significant gold imports and the potential of gold financing. Entrepreneurs are driving innovation despite challenges. Support for businesses is vital for global competition.
Suzlon Energy gets the wind in its sails as deliveries improve
Suzlon Energy's Q4 report shows 45% revenue increase to ₹5,500 crore and a robust order book of 5,892 MW. The company is transitioning to an integrated renewable energy platform, expecting increased commissioning momentum and improved execution control amid rising renewable demand in India.
Himalaya Wealth launches ₹500 crore SME fund to back manufacturing, deeptech firms
The Category I AIF will target profitable growth-stage SMEs in sectors including aerospace, defence, industrial automation and healthcare, amid rising investor interest in manufacturing-led businesses.
Premier Energies Shares Extend Gains A Day After Nomura, Quant Buy Stake In Block Deals
Among the key buyers, Quant Mutual Fund acquired 40.84 lakh shares, while Nomura India Investment Fund Mother Fund purchased 25 lakh shares at Rs 955 apiece.
Suzlon Energy shares rise after Q4 results. What are Motilal Oswal, Nuvama saying?
Suzlon Energy shares rose on the BSE on Monday despite the company reporting a 6% year-on-year decline in Q4 consolidated net profit to Rs 1,114 crore. Revenue from operations surged 45% YoY to Rs 5,468 crore, while profit jumped 150% sequentially from the December quarter.
Premier Energies shares in focus as promoters sell stake worth Rs 2,289 crore. Check top buyers
Promoter family members of Premier Energies sold shares worth around Rs 2,289 crore through a block deal, while institutional investors, including Quant Mutual Fund and Nomura, picked up stakes. The development comes amid strong investor interest in renewable energy and domestic solar manufacturing, supported by robust earnings growth and aggressive capacity expansion plans.
Premier Energies bulk deal: Promoters sell stake worth Rs 2,289 crore; Quant, Nomura among top buyers
Premier Energies' promoters divested shares worth nearly Rs 2,289 crore to institutional investors, including Smallcap World Fund and Quant Mutual Fund. This move coincides with heightened interest in India's solar manufacturing sector, driven by policy support and robust earnings. The company is aggressively expanding its module and cell capacities, with analysts maintaining a positive outlook.