Target: ₹4,260 CMP: €3,095.25 Waaree Energies announced the acquisition of 5.37 million Series B preferred shares of United Solar Holding Inc (USH) for $30 million, which would give it a stake in USH’s large advanced 100 ktpa polysilicon plant in Oman, along with likely customer status, integrating it upstream into the PV value chain. Although […]
The Indian central bank has bought 500 billion rupees ($5.5 billion) worth of bonds as planned, as it wants to boost liquidity in the banking system.Closing prices at the auction, which consisted of bonds with maturities ranging from 2029 to 2050, were largely higher than estimates in a Bloomberg News poll. Interest rates fell after […]
Bajaj Finance (BAF) is expected to report another stable quarter when it announces its FY26 results, with both earnings and net interest income (NII) likely to grow around 23% year-on-year, supported by robust loan growth, stable margins and healthy asset quality across segments.Estimates from brokers suggest that assets under management (AUM) of the non-banking financial […]
Foreign institutional investors (FIIs) have quietly increased their stakes in most state-owned lenders in the September 2025 quarter, signaling renewed confidence in India’s public banking sector. The incremental purchases, spread across almost every major PSU bank from Bank of Baroda to State Bank of India, come as the Nifty PSU Bank index rose nearly 9% […]
Shares of newly listed Tata Capital are likely to be in the spotlight on Tuesday after the non-banking finance company made a solid but measured debut on Monday, trading 1.23% above its issue price and closing 1.4% higher on its first day of trading. Despite the muted start, analysts from Emkay Global and JM Financial […]
In the midst of increased trade tensions and market volatility, Emkay Global has identified a link of value and quality shares that it thinks could perform in the coming months. Birlasoft, Indusind Bank, Gujarat State Petronet and Oil India are among the best value bets based on their attractive valuations, improving profit growth, higher dividend […]
A perfect storm is brewing for the software giants of India Inc. Although with a weak question, poor profit growth, AI threats and the American Hire Act, US President Donald Trump, struggled another blow by beating a crushing $ 100,000 allowance on new H-1B visa applications that can defeat the margins with 50-150 basic points. […]
The Sesex has not gone anywhere in the last 12 months, with a return of -0.7% lagging behind and falls behind most global peers, a sobering outcome despite a background of policy outflow such as GST and income tax, interest rate letters and the inflow of domestic funds. Analysts point to weak business results, continuing […]
Just as Jio InfoComm reaches the scale for a separate IPO list next year, Mukesh Ambani is doubling the disruption. The chairman of the billionaire Reliance Industries LTD (RIL) at the same time builds two massive new verticals around AI and FMCG, each with ambitions to close the existing activities of the conglomerate. Reliance Consumer […]
Foreign investors can withdraw from Indian shares, but Kotak Mahindra AMC’s Nilesh Shah says that the priority for India Inc. Growth and administration must remain. In a message about microblog site X (formerly Twitter) on Friday, Shah asked a series of rhetorical questions about the shifting dynamics of the market. “Since FPIs are underweight, they […]