Equitas SFB names Balaji Nuthalapadi interim CEO; shares jump 9%
The appointment needs RBI approval; founder P.N. Vasudevan quit last week over a perceived conflict of interest linked to his daughter's NBFC
2 min readStock Market
After a 12% jump, analysts give 4 reasons Reliance can rise
Monday's rally was the stock's biggest one-day gain since April 2020; brokerages point to volumes, short covering, results and the Jio listing
2 min read
Motherson Wiring shares surge 13% as Q2 profit rises 35%
Revenue rose 47% to ₹4,054 crore on higher vehicle content and new models, though materials costs grew faster.
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Axis Diwali picks: Reports differ, but four names match
Coforge, Hindalco, APL Apollo Tubes and Elecon appear in both accounts of the brokerage's list; four others appear in only one.
2 min read
JM Financial: Oil, not valuations, will bring FIIs back
Foreign investors have pulled about $64 billion from Indian shares in two years, and the brokerage says Brent must fall below $105 before that eases.
3 min read
Varun Beverages slips 4% as packaging costs squeeze Q3 margins
The PepsiCo bottler's revenue grew 33% and profit 13.5%, but its operating margin fell to 21.6% on costlier preforms, films and cans.
1 min read
Coal India Q2 profit jumps 57%, but shares slip 3%
Brokerages trimmed their targets on higher costs, though low coal stocks at power plants could lift dispatches in the coming months.
1 min read
HUL shares rise 3% on Q2 profit; brokerages trim targets
Hindustan Unilever's profit rose 4% and sales 15% in the July–September quarter, but Jefferies, Nomura and JM Financial cut their price targets.
2 min read
Asian markets rise on SK Hynix results; Nikkei up 1.3%
Chip and AI stocks led gains in Tokyo, Shanghai and Hong Kong on Wednesday, while investors waited for the US Federal Reserve's decision.
2 min read
Smallcaps jump up to 21% in two days: what analysts advise
The Nifty Smallcap 100 has gained over 4% in two sessions, led by Ather Energy, but analysts say it still faces key resistance levels.
2 min read
Jio Platforms lists at ₹1,358, 21% above its IPO price
The debut makes Jio Platforms India's second most valuable listed company after parent Reliance; Isha Ambani called it a promise to investors.
2 min read
Subros jumps 10% on ₹1,225-crore Maruti order for AC units
The auto air-conditioning maker will supply HVAC assemblies for two Maruti Suzuki models over about seven years, but its stock is still down about 45% in a year.
1 min read