Room air conditioner (RAC) prices could rise by another 3–4% as manufacturers continue to grapple with higher raw material costs, even after raising prices by around 10% since the start of the year, according to HDFC Securities. The brokerage believes demand remains healthy enough to support further price increases, although margins are still under pressure….
Shares of Netweb Technologies India Ltd. will be in focus after BofA Securities initiated coverage on the stock. The foreign brokerage started coverage on the counter with a ‘Buy’ rating and a price target of ₹5,000 per share, implying a potential upside of 14% from current levels. The brokerage sees Netweb as one of the…
Shares of Landmark Cars Ltd. climbed as much as 15% on Tuesday, July 14, after the company reported a strong business update for the June quarter, with double-digit growth across its key segments. The auto retailer posted its highest-ever first-quarter sales, driven by healthy growth in both vehicle sales and after-sales services. For Q1FY27, revenue…
The rupee has weakened by over 0.9% in just a day and a half this week. If the Indian currency doesn’t recover from this level, it would be the biggest weekly fall since May 11, when crude oil prices spiked to $105 a barrel due to a collapse of a ceasefire proposal between the US…
Samsung Electronics Co is likely in early stages of exploring a potential sale of American depositary receipts, news agency Bloomberg reported, citing sources. Samsung has allegedly held preliminary discussions with lenders but is yet to make a decision regarding proceeding with the same, people in the know told Bloomberg. Samsung will monitor the volatile memory…
Escalating Middle East tensions: Rising tensions in the Middle East remain the biggest factor weighing on market sentiment. The US-Iran conflict has intensified, with reports indicating that the United States carried out its third consecutive night of strikes on Iran. US President Donald Trump has also announced a fresh blockade targeting Iranian trade through the…
As geopolitical tensions in West Asia continue to keep global crude oil prices volatile, investors should avoid making knee-jerk portfolio decisions based on oil price movements, according to Kotak Mahindra Asset Management Company Managing Director Nilesh Shah. Speaking with ET NOW, Shah said crude oil prices remain one of the few factors that are largely…
Biocon Ltd. shares worth ₹3,680 crore have changed hands in the pre-open block deal window on Tuesday, July 14, according to recent data available. The stock is up 7% in reaction to the block deal as a major overhang is now past. As many as 9.2 crore shares or 5.64% of the company’s outstanding equity…
Shares of Just Dial Ltd. surged another 13% on Tuesday, July 14, extending their four-day rally to nearly 40% after the company reported its strongest quarterly revenue growth in two years and announced sweeping changes to its top management. With today’s gain, the stock has rallied 40% in just four trading sessions. Eight analysts currently…
The won gained as much as 0.7% to reach 1,486.20 per dollar, the highest since May 12. It’s the best-performing currency in Asia on Tuesday. By Bloomberg July 14, 2026, 12:18:59 PM IST (Published) 1 Min Read The South Korean won advanced to its strongest level since May on expectations that dollar inflows from SK…
