NHPC share price: The company’s stock fell more than 5 per cent after the Government of India unveiled plans to divest up to a 6 per cent stake in the hydropower major through an Offer for Sale. According to the Department of Investment and Public Asset Management, the OFS will be conducted with a floor…
On the financial front, Trent reported a 30 per cent year-on-year rise in net profit to Rs 455 crore for the quarter ended March 31, 2026. Standalone revenue increased to Rs 4,936.6 crore, compared with Rs 4,106.1 crore in the corresponding quarter last year, while operating EBITDA rose 43 per cent YoY to Rs 668…
The stock market saw notable moves today as several stocks emerged as top gainers and losers. Leading the gainers were companies that posted positive developments or benefited from sectoral momentum. These stocks recorded significant price appreciation, supported by higher trading volumes and positive investor sentiment.Meanwhile, the losers list featured stocks that came under pressure due…
Shares of BEML slipped over 1 per cent to hit an intraday low of Rs 1,693 after brokerage turned mixed on the stock post company’s Q4FY26. The firm reported a sharp decline in March quarter earnings, prompting a mixed response from brokerage. While revenue growth remained steady and order inflows stayed strong, a steep drop…
Kotak Mahindra Bank Share Price: Nuvama maintains Hold on lender’s stock; cites better operating leverage, LLP to drive-up RoAs – Check target (Image source: Shutterstock/ET NOW) Kotak Mahindra Bank Share Price Target 2026: Brokerage firm Nuvama has maintained its Hold call on Kotak Mahindra Bank’s stock two days after the lender’s board has approved a…
NBCC Share Price Target 2026: State-owned NBCC recently reported a 37 per cent increase in its consolidated net profit to Rs 241.38 crore for the quarter ended March 31. Its net profit was Rs 175.91 crore in the year-ago period. Brokerage Nuvama has reviewed the PSU stock and recommended ‘Buy’ rating along with the target…
Ather Energy share price in focus: The brokerage firm, Nirmal Bang Institutional Research, has initiated a buy call on Ather Energy Ltd, a two-wheeler maker and a constituent of the BSE 500. Let’s go through the reasons behind the rating, and also check the company’s Q4 performance. Nirmal Bang has initiated coverage on Ather Energy…
Auto stocks in focus: India’s automobile retail momentum remained firm in May 2026 across most segments, with passenger vehicles (PVs), two-wheelers (2Ws), light commercial vehicles (LCVs) and tractors registering healthy year-on-year growth, Morgan Stanley noted. The brokerage has reiterated its preference for Maruti Suzuki, Mahindra & Mahindra, TVS Motor and Hero MotoCorp as its top…
In the previous trading session, Tech Mahindra Ltd surged to a closing price of 1543.2, marking a strong gain of 4.00%. Infosys Ltd advanced 3.58% to close at 1202.5, while Coal India Ltd increased by 3.21% to 472.6. Tata Consultancy Services Ltd and JSW Steel Ltd also saw gains, closing at 2297.4 and 1299.4, respectively….
The Tata Sons management sought approval for an equity infusion of approximately ₹7,000 crore into the group’s digital consumer businesses at the May 26 board meeting. The digital consumer business includes platforms such as BigBasket, Tata Cliq and other consumer-facing digital ventures housed under Tata Digital, according to people familiar with the matter. However, Tata…
