Latest Updates Around The World
The base case assumes the Nifty index with a 12-month target of 27,958. In a bullish scenario, a 20x multiple suggests upside towards 30,497, while a conservative bear case suggests 26,486. The equity markets appear poised for their next phase of expansion after nine months of tight consolidation, with the Nifty trading within a narrow […]
February 2, 2026 Image source: olm26250/www.istockphoto.com Imagine a company that was struggling with mounting debt, stagnant revenues and operational inefficiencies a decade ago. Fast forward to today, and it is now posting record profits and has a debt-free balance sheet. Moreover, it has an ambitious plan to double its size over the next six years. […]
Mumbai: Mahindra Group on Thursday said it would invest Rs 15,000 crore in Nagpur, Maharashtra over the next decade to build its first integrated car and tractor factory in the country.Mahindra currently operates six factories for car manufacturing and another nine for tractors and agricultural machinery in various states.The new factory is expected to open […]
The latest car sales figures have investors optimistic as industry experts point to strong growth driven by recent VAT cuts. Dipan Mehta, director of Elixir Equities, said: “There were some good numbers coming out of the auto industry and the VAT cuts have clearly benefited auto volumes across the board. And more importantly, management is […]
November 13, 2025 Image source: olm26250/www.istockphoto.com Imagine a company that was struggling with mounting debt, stagnant revenues and operational inefficiencies a decade ago. Fast forward to today, and it is now posting record profits and has a debt-free balance sheet. Moreover, it has an ambitious plan to double its size over the next six years. […]
In a conversation with ET Now, Pankaj Pandey, head of research at ICICI Direct, shared his sector-wise view on automotive, chemicals, defense and jewellery. He believes the market continues to show strong performance in certain sectors, although valuations remain critical for investors. Automotive sector: M&M leaders, Eicher shines in the premium segmentWhen asked about the […]
