The brokerage house Motilal Oswal has initiated coverage on Hindustan Aeronautics (HAL) with a ‘Buy’ rating. It has a target price of Rs 5,100 on HAL, an upside of 27% from its current market price of Rs 4,031. The share price of Hindustan Aeronautics was up 2.7% at Rs 4,139.70 around 1.15 PM. According to the
Focus on the small finance banking space. Nuvama Institutional Equities initiated its coverage on Jana Small Finance Bank with a ‘Buy’ rating. The brokerage firm sees an upside of 43% at a target price of Rs 600 from its current market price of Rs 419. Nuvama initiated coverage on the stock as it finds the
Competition in the food delivery business is gaining traction. With both entities listed now, Zomato and Swiggy are neck and neck not just in food delivery but also in corporate initiatives, investor portfolios and more. Zomato, now Eternal, has taken the rebranding route while Swiggy on the other hand is focused on features. Let’s take
In a market where volatility keeps investors on their toes, dividend paying stocks offer a comforting edge for many. And among large cap companies, a few stand out for delivering strong dividends year after year. From mining giants to oil and gas majors, here is a look at the top 5 dividend yield stocks in
Titan’s share price surged to an intraday-day high of Rs 3,227.25, up nearly 7% in early trade on the National Stock Exchange after the company reported a strong pre-quarterly Q4 business update. However, the stock price came off highs in sync with the overall moderation in the market. It is still one of the top
If you are a shareholder in CRISIL or tracking the portfolio of ace investor Rekha Jhunjhunwala, here is a good reason to pay attention. The company is all set to trade ex-dividend on Friday, April 11, for its whopping 2,600% final dividend. The company has declared a final dividend of Rs 26 per share. In
The tech stocks are among the top stars in trade today. The Nifty IT Index rallied nearly 2% in early trade and is still holding over 1% gains. Some of the big winners include Infosys, Wipro, MphasiS, Coforge and the like. The Nifty IT Index has been under pressure lately on the back of recession
The FMCG major Godrej Consumer Products’ share price rose 2.4% to the day’s high of Rs 1,187.90 after Nuvama retained its Buy rating on the stock following a pre-quarterly business update. The stock is now almost 23% away from its 52-week high of Rs 1,541.85. Nuvama on Godrej Consumer Products: Business update in line with
Tata Consultancy Services left people stunned at the end of July after announcing plans to lay off more than 12,000 employees. The move has left many IT sector workers unnerved and sparked growing concerns about similar cuts in other companies. A growing call for AI and automation has incidentally led to the loss of more
Beating analysts’ estimates by a narrow margin, Tata Power on Friday posted a 9.2% growth in profit at Rs 1,060 crore in Q1FY26 as compared to Rs 971 crore in Q1FY25. Sequentially, profits grew 1.6%. Analysts had predicted a profit of Rs 1022 crore. The company beat analysts’ estimates on the revenue front also, posting
Asset Reconstruction Company (India) Limited, pioneer in the asset reconstruction industry and the first ARC to be incorporated in India, has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI). The IPO comprises of an offer for sale of up to 105,463,892 Equity Shares of face value
New Income Tax Bill, 2025: The Centre has taken a big step towards making the tax system simple and transparent in the country. The Modi government introduced the ‘Income Tax Bill, 2025’ in Parliament during the budget session this year to replace the existing Income Tax Act, 1961. This Bill, after being introduced in the
ITC Ltd on Friday released its fiscal first quarter earnings report with a profit growth of 3.21 per cent to Rs 5,343.41 crore in comparison to Rs 5,176.99 crore recorded during the corresponding quarter of FY25. It posted revenue from operations at Rs 23,129.35 crore, reporting a growth of 19.53 per cent as against Rs
