Polycab faces investor scepticism after income-tax findings; analysts unconvinced
Income-tax findings on an “unnamed” company perceived to be Polycab Industries and the company’s clarification failed to convince analysts. The
September 23, 2026
Income-tax findings on an “unnamed” company perceived to be Polycab Industries and the company’s clarification failed to convince analysts. The
Target: ₹362 CMP: ₹274.60 The successful debt restructuring at Vedanta parentco Vedanta Resources (VRL) removes a major overhang on the
Benchmark equity indices climbed in early trade on Thursday amid a rally in global markets and buying in Reliance Industries.
After the successful venture into automobile sector, Sajjan Jindal-led JSW Group is preparing the ground for listing its cement business
Benchmark equity indices declined in early trade on Wednesday amid fresh foreign fund outflows and a largely weak trend from
Public sector companies or PSUs are an important resource for the Centre when it comes to fund raising but that
India has toppled Taiwan to take the second place in the MSCI EM Index, with a weightage of 17.1 per
Edelweiss Financial Services’ has announced a Rs 250-crore public issue of NCDs, with yield of up to 10.46 per cent
Target: ₹1,400 CMP: ₹1,297.50 After underperforming its listed peers on pre-sales growth over FY21-23, we believe Sobha is set to
Equity markets opened in green on Thursday. The NSE Nifty was up by 0.42 per cent or 90.50 points to
The board of PTC Industries on Wednesday approved preferential issue of up to 2.35 lakh shares to certain non-promoters at
Shares of Adani group stocks will remain in focus, as Supreme Court is set to announce its verdict on Adani-Hindenberg
Target: ₹150 CMP: ₹128.80 Zomato has raised its platform fee for food delivery services by 33 per cent, hiking it
Life Insurance Corporation of India (LIC) on Monday said tax authorities have slapped a demand notice of about ₹806 crore
Target: ₹202 CMP:₹185.05 Bharat Electronics Ltd, a defence public sector undertaking, is engaged in the business of Defence Electronics, especially
The Indian equities seem poised for an eventful ride in 2024, propelled by the tailwinds of a remarkable preceding year
Long-term investors can buy the shares are Jubilant Pharmova (₹545.75) at current levels. The stock made a low of ₹268.60
Life Insurance Corporation of India’s has reduced its shareholding in Bharat Heavy Electricals Ltd to 9.617 per cent from 11.701
Target: ₹3,700 CMP: ₹3,133.70 The company reported a robust growth outlook across all segments, resulting in strong earnings visibility from
The Friday morning market opened with a decline, following the positive start earlier in the week. NSE Nifty was down
Target: ₹635 CMP: ₹ 562.15 We met Sushanth Pai, Chief Financial Officer, Matrimony.com (Matrimony). Takeaways: 10–12 per cent revenue growth
Shares of Hyderabad-based Azad Engineering will be listed on the bourses today. The company, whose IPO saw an overwhelming response
Shares of RBZ Jewellers closed 5 per cent higher on listing day after opening on a dull note. The stock
Shares of Happy Forgings will be listed at the bourses today. The company has fixed the issue price at ₹850,
Shares of the Muthoot Pappachan Group company Muthoot Microfinance were listed on a lacklustre note at the bourses on Tuesday.
The last week of 2023 is likely to remain volatile, said analysts. Settlement in the derivative segment this week and
Bank Nifty December futures (48,020) The Bank Nifty index is trading higher. The index is currently at 47,930, up 0.20 per
Benchmark equity indices began the trade on an optimistic note on Friday tracking firm global market trends. The 30-share BSE
Nifty could hit the 24200 level in 2024, driven by heavyweight stocks from the BFSI, auto, cement and healthcare sectors,
AXISCADES Technologies stock surged 10 per cent to hit a 52-week high on the NSE, it traded at ₹675 as of
Target: ₹320 CMP: ₹250.15 In our view, PCBL’s stock price is not factoring in the value of its recently acquired
Target: ₹4,600 CMP: ₹3,961 Siemens, in its analyst meet, highlighted growth opportunities across segments, plans to demerge its energy division,
tock Market today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE,
The stock market witnessed a roller-coaster ride, with benchmark indices opening with a gap down from the previous close on
Target: ₹185 CMP: ₹167.25 Bharat Electronics (BHE) has received several order inflows aggregating ₹8,790 crore in Q3-FY24 to date. Until
After opening in record highs, equity benchmarks closed in red on Wednesday. While BSE Sensex lost 930.88 pts or 1.30
Public sector banks have continued their good run on the bourses this year with the Nifty PSU Bank index gaining
DroneAcharya Aerial Innovations Ltd announced the conduct of DGCA certified drone pilot training for the Maharashtra Police Department. The company
Crisil Ratings has downgraded its rating on non-convertible debentures of Bandhan Bank Ltd to ‘Crisil AA-/Stable’ from ‘Crisil AA/Negative’ and
Siemens Ltd has taken the first exploratory step towards demerging its energy business, with the board approving the setting up