Motilal Oswal's research report on Nestle IndiaNestle India (Nestle) has seen a strong recovery in FY26, with revenue growth of 15% YoY, supported by a rebound in volume growth (+11% in FY26 vs. broadly flat volumes in FY25). Volume acceleration was led by strong double-digit growth across Prepared…
ORION CORPORATIONPRESS RELEASE30 JUNE 2026 at 8.00 EESTOrion Pharma announces agreement with Shilpa Medicare for nivolumab biosimilar for European marketOrion Pharma (“Orion”) and Shilpa Biologicals Private Limited, a fully-owned subsidiary of Shilpa Medicare Limited (“Shilpa”), have entered into a…
Shares of Adani Ports and Special Economic Zone (APSEZ) gained around 1% to Rs 1,794 in early trade on Tuesday after the company announced that it has entered into a definitive agreement with Terminal Investment Limited (TiL), the container terminal operating and investing arm of MSC Group, for the…
Shares of Maruti Suzuki India Ltd rose nearly 4 percent on June 30 after Jefferies upgraded the stock to "Buy" from its earlier rating and raised its target price to Rs 16,500 per share, citing improving demand prospects and easing cost pressures.At 11.20 am, Maruti Suzuki shares were trading 3.9 p…
Indian flat steel prices remained largely resilient during the week ended June 26, while rebar prices fell to their lowest level this calendar year, according to Nomura's latest weekly steel report.Domestic hot-rolled coil (HRC) prices eased marginally by Rs 50 per tonne week-on-week to Rs 58,200 p…
Choice Equity Broking, Knack Packaging LtdKnack Packaging Ltd. (KPL), Incorporated on March 4, 2013, the company is among India’s leading integrated, innovation-driven, export-oriented, and sustainability-focused packaging solutions providers. It offers a diverse portfolio of packaging products, in…
Nomura has reiterated its 'Buy' rating on Bharti Airtel and raised its target price to Rs 2,355 from Rs 2,220, citing sustained ARPU growth, strong free cash flow generation and attractive valuations.The brokerage expects Airtel to deliver 14% EBITDA CAGR and 14% operating free cash flow CAGR over…
HDFC Bank shares traded marginally lower in early deals on June 30 after the company appointed former Chief Election Commissioner and former Finance Secretary Rajiv Kumar as its new part-time chairman, marking a key step towards resolving the governance overhang on investor sentiment.The stock slip…
Equity benchmarks fell half a percent due to profit booking on June 29, with consistent weakness in market breadth. About 1,918 shares declined against 1,106 advancing shares on the NSE. The market is expected to see range-bound trading with a positive bias. Below are some short-term trading ideas…
Axis Bank (AXISBANK) CFO Puneet Sharma resigned, leaving effective August 31, 2026. Sharma served 6+ years overseeing finance, legal and investor relations. No successor has been n
BPCL Q4 net profit ₹3,192 crore after ₹4,349 crore BPRL impairment; Q4 EBITDA ₹10,061 crore (8.5% margin). Cumulative BPRL impairments ₹11,314 crore; FY26 forex loss ₹1,644 crore.
Jefferies keeps Buy on HDFC Bank ADR (HDFCBANK), target Rs1,050. Stock trades ~13x FY27 earnings and ~1.7x adj. P/B. Independent review cut governance risk; possible board and CEO
Indian benchmark indices are likely to see a flat to positive start on June 30, mirroring a firm trend in GIFT Nifty, which was trading around 23,991.50 in early trade.Track the latest updates on GIFT Nifty right here on MoneycontrolIndian benchmark indices snapped their two-day gaining streak on J…
Mukesh Ambani told shareholders last August that Jio Platforms Ltd. would seek a stock market listing in the first half of 2026, according to Bloomberg.
Life Insurance Corporation of India (LIC), the country’s largest insurer and the biggest institutional investor in the stock market, is set to see its stake in National Stock Exchange (NSE) emerge as its fifth-largest investment in a listed company, according to data analysed by Moneycontrol.As of…
TORONTO, June 29, 2026 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation TSX:FTG OTCQX:FTGFF today announced the opening of its Aerospace facility in Hyderabad, India.FTG held its Grand Opening of FTG Aerospace Hyderabad, culminating three years of effort to establish an operation in India. Th…
Amazon.com NASDAQ:AMZN and Walmart NASDAQ:WMT-owned Flipkart are ramping up their push into India's fast-growing quick-commerce market, putting fresh pressure on incumbents Eternal and Swiggy. The intensified competition has weighed on investor sentiment, with Eternal shares falling 28% from their…
UTI Asset Management Company has acquired Rs 425 crore worth shares in Multi Commodity Exchange of India via open market transactions on June 29.MCX India shares may have reacted to the transaction, rising nearly 3 percent to Rs 2,914.5 amid big volumes on the National Stock Exchange, especially af…
Issued senior secured US dollar bonds to fund lending growth, maintaining strong asset quality and profitability. AUM grew 53% CAGR to ₹366bn, with gold loans as the largest segment and a robust branch network. Advanced technology, diversified funding, and strong governance underpin continued expan…
IIFL Asset Management has acquired nearly 2 percent equity stake in Indo Tech Transformers, the power and distribution transformers maker, from promoter via block deals on June 29.Perhaps, the stock may have reacted to the transaction, freezing at 5 percent upper circuit at Rs 3,081.9, the highest…
