Shares of State Bank of India Ltd. (SBI) can rise up to 31.6%, brokerage firm CLSA wrote in its latest note on Wednesday, May 27. CLSA has maintained its “outperform” rating on SBI with a price target of ₹1,275 apiece. CLSA’s target is among the top 10 on the street for India’s largest lender. It…
RIL AGM 2026 date: In an exchange filing on Wednesday, the oil-to-telecom conglomerate informed the stock exchanges – BSE and NSE – that the AGM of its members will be conducted on Friday, June 19, 2026 at 2 PM. RIL AGM 2026 date: Reliance Industries Limited (RIL) will hold its 49th Annual General Meeting on…
Shares of Transrail Lighting Ltd. declined as much as 7% on Wednesday, May 27, reacting to their fourth quarter performance. The stock is attempting to recover from the early lows. Its profit after tax (PAT) declined 24% to ₹96.5 crore from ₹127 crore in the fourth quarter last year. Its revenue declined on a higher…
Tata Motors PV is making a fresh pitch for India’s hatchback market at a time when SUVs dominate consumer attention. The automaker on Thursday launched the next-generation Tata Tiago and Tiago.ev, betting on sharper styling, premium features and aggressive pricing to revive excitement in a segment it believes has been “neglected” by the industry. The…
1 / 13 Zydus Lifesciences Ltd | The company on Wednesday (May 27) said its Buyback Committee has approved an increase in the buyback price and a reduction in the number of equity shares to be repurchased under its ongoing buyback programme. The company said the buyback price has been increased from ₹1,150 per equity…
India’s younger consumers are transforming whisky culture with premium choices, cocktail experimentation and mindful drinking habits. From Indian craft whiskies to immersive bar experiences, Gen Z and millennials are prioritising flavour, authenticity and social experiences over old-school drinking traditions. Source link
Shares of Arkade Developers Ltd. gained more than 3% on Wednesday, May 27, after the real estate company secured a cluster redevelopment project in Kandivali East, Mumbai, with a projected Gross Development Value (GDV) of around ₹1,100 crore. The real estate company said it has secured redevelopment rights for nine housing societies in Ashok Nagar,…
Ace investor Vijay Kedia has written to Finance Minister Nirmala Sitharaman with a set of suggestions aimed at strengthening India’s capital markets, including a proposal to abolish long-term capital gains (LTCG) tax on listed equities. In his letter, Kedia argued that long-term investors should be viewed as providers of patient risk capital rather than speculators….
The broadening out of the market rally should continue, as earnings and technical factors turn constructive, investors hope. A fragile stock rally is starting to show signs of broadening out, suggesting there could be opportunity for investors in the market beyond artificial intelligence alone. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s…
Shares of Lenskart Solutions Ltd. traded higher on Wednesday, May 27, after brokerage firm Elara Capital initiated coverage on the stock with a ‘Buy’ rating, describing the company as a structural compounder and a category-defining player in India’s eyewear market. The brokerage assigned a target price of ₹615 per share, implying an upside potential of…
