Shares of Bharat Forge Ltd were in focus on Tuesday, June 16, after its wholly owned defence subsidiary, Kalyani Strategic Systems Ltd (KSSL), unveiled the Simha 4×4, a next-generation light armoured multi-purpose vehicle, at the Eurosatory 2026 defence exhibition in Paris. Developed in partnership with global defence and aerospace company Paramount, the Simha 4×4 has…
HAL Dividend 2026: Shares of state-run Hindustan Aeronautics Limited (HAL) might be in focus in the upcoming week as it is set to announce a final dividend for the financial year 2025-26. The defence PSU informed this through an exchange filing on Tuesday, June 16. In the regulatory filing, Hindustan Aeronautics informed the bourses that…
Bank Stock Picks: According to Nirmal Bang, earnings of banks under its coverage rose 17% year-on-year in the fourth quarter of FY26. Bank Stock Picks: India’s banking sector ended the fourth quarter of FY26 on a strong note, supported by healthy credit demand, improving asset quality and a growing focus on strengthening balance sheets, according…
HDFC Asset Management Company (HDFC AMC) on has launched the HDFC Growth for GOOD Portfolio, a portfolio management services (PMS) investment approach aimed at investors seeking sustainability-focused investment opportunities. The strategy excludes companies that derive a predominant share of revenue from sectors such as defence, alcohol, tobacco, gambling and meat-related businesses. The investment approach seeks…
India’s artificial intelligence opportunity may be far broader than commonly perceived, with investment potential extending well beyond software exporters and global tech giants, according to Hiren Ved of Alchemy Capital Management. Making a strong case for a relook at the domestic AI theme, Ved said, India does not lack an AI story, investors are just…
Stock Market Today at Closing: Indian stock markets rose for a third straight session, with the benchmark Sensex rising over 500 points, driven by a positive trend in global markets, optimism over a US-Iran peace deal framework, cooling crude oil prices, and lower volatility. IT and auto stocks led gains, while metals lagged. 30-share BSE…
Wall Street’s largest banks are reducing their oil-price forecasts for the upcoming quarters as optimism rises over a revival of West Asia crude output post an interim deal to reopen the crucial waterway Strait of Hormuz. Goldman Sachs Group Inc and Morgan Stanley have announced lower guidance for crude oil rates in the final quarter…
Investors may want to be cautious if the Nifty approaches the 25,000 mark, according to Rahul Arora, CEO of Ashika Institutional Equities. While markets have rallied on hopes of a US-Iran peace agreement, Arora believes several uncertainties still remain. “I think if you get a Nifty close to about 25,000 I may view it as…
Pine Labs has strongly disputed a report suggesting that proposed RBI draft rules on unused gift card balances could hurt the company’s future profitability, arguing that the money in question was never part of its revenue to begin with. The clarification follows an Entrackr report that examined the economics of gift cards and so-called “breakage”…
Jewellery Stocks to Watch: India’s organised jewellery retailers delivered another solid quarter in Q4FY26 despite gold prices soaring more than 80 per cent year-on-year. According to Nuvama’s latest earnings review, the sector’s momentum remained intact as consumers continued to purchase jewellery and gold coins even amid elevated prices. However, companies remain watchful of near-term challenges,…
