Latest Updates Around The World
The latest earnings season has seen broad-based growth across multiple sectors, although market sentiment remains cautious, especially in mid-cap and small-cap stocks. Metals and oil and gas have boosted corporate profits, but fundamentals outside the commodities sector have also held up.Commodity-based profit growth Commenting on the theme, Gautam Duggad of Motilal Oswal said, “Metals and […]
Shares of retailer Kalyan Jewelers India hit the 10% upper limit on BSE, rising to Rs 417.75 after the jeweler’s blockbuster third-quarter profit triggered a flurry of bullish brokerage calls with price targets as high as Rs 750, a potential upside of 80% from current levels.The shares remained stuck after the company reported a staggering […]
Quarterly earnings from October to December are expected to post the highest growth in eight quarters on the back of an improved earnings environment, with the Nifty likely to post 8% year-on-year growth, Motilal Oswal Financial Services (MOFSL) said. Meanwhile, profits of companies within MOFSL’s coverage universe can report 25% year-on-year growth.Excluding financials, earnings for […]
India Inc has registered its first profit rise in five quarters, signaling a turnaround in the corporate profit cycle after a long period of austerity. The upgrade is largely driven by mid- and large-cap companies, even as small-caps continue to be downgraded.In Motilal Oswal’s equity universe, FY2026 earnings after tax (PAT) increased by 2% over […]
Motilal Oswal Financial Services has identified 30 companies that it believes could benefit most as India enters its next multi-decade growth era. The broker expects India’s gross domestic product to rise from $4 trillion today to over $16 trillion by 2042, driven by steady domestic demand, a young demographic, rising productivity and a sustained investment […]
In January 2021, when conglomerate Aditya Birla Group announced its grand entry into the stable paint industry with a huge capital investment that was subsequently increased to Rs 10,000 crore, the clear target was market leader Asian Paints, which dominated more than half the market share in decorative paints. Analysts then started calling this the […]
Early signs from the exit polls predict a clear victory for the NDA and a setback for the Congress-RJD alliance. Multiple surveys released on Tuesday evening predicted a strong victory for the NDA, led by the BJP and JD(U), while the opposition Mahagathbandhan (MGB) is expected to trail by a wide margin.According to the Peoples […]
Singapore Telecommunications Ltd (Singtel) will reportedly offload about 0.8% stake in Bharti Airtel through a block deal worth Rs 10,300 crore. The deal has a minimum price of Rs 2,030 per share, which reflects a discount of 3.1% to Bharti Airtel’s last closing price.The stake sale is likely part of Singtel’s ongoing efforts to restructure […]
Bajaj Auto is expected to report a healthy set of numbers for the September quarter (Q2FY26), with revenues likely to rise around 12% year-on-year and profit after tax rising 16%, according to the average of six brokerage estimates. Analysts see a combination of higher exports, a richer product mix and currency tailwinds supporting the quarter, […]
Sun Pharma is expected to show steady but moderate growth in its September second quarter (Q2 FY26) earnings, with analysts highlighting a combination of factors: a high base effect from last year’s Revlimid sales, weak performance at Taro and early-stage spending on the US launch of Leqselvi, the recently approved specialty drug.According to average broker […]
