Markets staged a remarkable recovery Tuesday, closing nearly flat despite opening sharply lower following weak global cues, while IndusInd Bank shares crashed after revealing significant accounting discrepancies in its derivatives portfolio. The benchmark Sensex ended marginally lower by 12.85 points or 0.02 per cent at 74,102.32 after falling as much as 371 points in early...
We wish our readers a very happy, colourful, and joyous Holi 2025! After five consecutive months of selloff, India’s benchmark Nifty 50 is up over 1 per cent in March so far, driven by signs of economic growth picking up and inflation easing to comfortable levels. Investors are optimistic about a potential revival in corporate...
Target: ₹872 CMP: ₹719.10 We maintain our Buy rating on JK Lakshmi (JKLC) with an unchanged target price of ₹872/share (9x FY27E consolidated EBITDA), post our interaction with the management. After a flattish FY25, we estimate JKLC’s volume growth to accelerate to 9 per cent CAGR during FY25-27E on the ramp-up of its north expansion....
Stock market: Indian stocks have been going through a rough phase in recent months as the world’s fifth-largest stock market faces heightened uncertainty, driven by Donald Trump’s stop-start tariff policies, which are pushing investors away from risky bets due to concerns about the global economic fallout. From West to East, all major markets are feeling...
Rail Vikas Nigam Ltd: Company is the lowest bidder for a highway project in Andhra Pradesh. The project worth Rs 554.64 crore (Positive) Waaree Renewables: JV secures Rs 740 crore solar EPC order for 125 MWAC project (Positive) Thomas Cook: Company announced the launch of a new product, the “Borderless Travel Card.” (Positive) Adani Green...
