Market Movers: EPS Downgrades for Trent, Asian Paints, ITC; Big Boost for Bharti Airtel, Hindalco

Market Movers: EPS Downgrades for Trent, Asian Paints, ITC; Big Boost for Bharti Airtel, Hindalco

The Indian stock market’s benchmark index, Nifty 50, has remained largely unchanged over the past twelve months, despite significant downward revisions in corporate earnings projections. According to a recent report by JM Financial, while stock prices have shown resilience, earnings estimates have been progressively lowered over the past year, signaling potential concerns about corporate profitability….

Tata Group Stocks on a Roll! Rally Continues for Third Day Straight

Tata Group Stocks on a Roll! Rally Continues for Third Day Straight

Tata Group stocks continued their upward momentum for the third consecutive trading session on Thursday, March 6. Leading the charge was Tata Coffee, which surged 3.57%, making it the top gainer among the group’s listed companies. Other Tata Group stocks, including Tata Investment, NELCO, Voltas, Tata Elxsi, Tata Steel, and Tata Chemicals, also witnessed notable…

Investors Rejoice as Brainbees Solutions Sees Biggest Intraday Gain Since Listing!

Investors Rejoice as Brainbees Solutions Sees Biggest Intraday Gain Since Listing!

Brainbees Solutions, the parent company of FirstCry, experienced a remarkable surge in its share price on March 6, 2025. The stock jumped 15.20% in intraday trading, reaching ₹420.85, making it the largest single-day gain since the company’s public listing in August 2024. By 2:00 p.m., trading volumes were notably high, with approximately 2.6 million shares…

IRCTC Becomes Navratna—Will Investors Ride the Profit Train?

IRCTC Becomes Navratna—Will Investors Ride the Profit Train?

On March 3, 2025, the Indian government announced that the Indian Railway Catering and Tourism Corporation (IRCTC) had been granted ‘Navratna’ status, marking a significant milestone in the company’s remarkable journey. This designation places IRCTC among an exclusive group of public sector enterprises that enjoy greater financial autonomy and flexibility in decision-making. The move reflects…

Bharat Forge Soars 3% on Landmark Partnership with Compal Electronics!

Bharat Forge Soars 3% on Landmark Partnership with Compal Electronics!

Bharat Forge’s share price witnessed an intraday gain of nearly 3% on Thursday following the announcement of a significant partnership in the technology manufacturing space. The company revealed that its subsidiary, Kalyani Powertrain, has entered into a strategic collaboration with Taiwan’s Compal Electronics to manufacture servers in India. In an official statement released on March…

Trade Policy Turmoil Sends TSX Spiraling 1.2%

Trade Policy Turmoil Sends TSX Spiraling 1.2%

Canada’s primary stock index, the S&P/TSX Composite, faced a sharp decline on Thursday as losses in the technology and financial sectors weighed heavily on the market. The downturn was driven largely by increasing investor anxiety over the rapid shifts in U.S. trade policy, which have unsettled global financial markets. The index closed at 24,584.04, marking…

Crude Slips Amid Market Jitters Over Potential Tariff Easing

Crude Slips Amid Market Jitters Over Potential Tariff Easing

Oil prices continued their downward trend as market participants reacted to recent remarks by U.S. Commerce Secretary Howard Lutnick. Speaking in a televised appearance on Fox News, Lutnick suggested that the Trump administration might reconsider some of the tariffs imposed on Mexico and Canada. However, he did not provide specific details on the scope of…

Tata Motors Rebound? Morgan Stanley Sees 38% Upside After Prolonged Losses

Tata Motors Rebound? Morgan Stanley Sees 38% Upside After Prolonged Losses

Tata Motors Ltd. may witness a significant 38% rise in its stock price from Tuesday’s closing level, according to a research note issued by Morgan Stanley on March 5. Despite this optimistic price projection, the global brokerage firm has maintained an “equalweight” rating on the stock, which is akin to a neutral stance. Morgan Stanley…

Investor Buzz: NAPS Global India IPO Hits 36% Subscription on Day 2, Retail Segment Strong at 66%!

Investor Buzz: NAPS Global India IPO Hits 36% Subscription on Day 2, Retail Segment Strong at 66%!

On the second day of bidding, March 5, as of 2:30 PM, the initial public offering (IPO) of NAPS Global India had been subscribed 0.36 times. This indicates that investors had placed bids for 4,62,400 shares out of the total 12,48,001 shares available in the offering. Breaking down the subscription data across different investor categories,…

Polycab Soars Again! Stock Extends Rally, Morgan Stanley Foresees 52% Surge

Polycab Soars Again! Stock Extends Rally, Morgan Stanley Foresees 52% Surge

Shares of Polycab India, the country’s largest manufacturer of cables and wires, continued their upward momentum for the fourth consecutive trading session. On March 5, the stock surged 3.5% in intraday trade, reaching ₹5,078 per share. The rally comes after global brokerage firm Morgan Stanley reiterated its bullish outlook on the company, citing robust demand…