Shares of Samvardhana Motherson International rose by 2.5% on Tuesday, March 17, after the company provided an update regarding its acquisition strategy aimed at enhancing its international presence. Through its indirectly owned subsidiary Motherson Global Investments BV, the company is in the process of acquiring an 81% stake with voting rights in Yutaka Giken Co,…
Shares of Adani Power rose over 2% on Tuesday, extending their recent gains, as the stock continued to rally on the back of a major order win and improving demand outlook. The Adani Group stock climbed to ₹157.50, marking its highest level in three months, after surging more than 5% in the previous session following…
Varun Beverages Share: Investors are going to get an opportunity of up to 35% upside in the beverage sector giant Varun Beverages. Brokerage firm Bank of America (BofA) has given a BUY rating while maintaining a positive stance. The brokerage has given an upside target price of Rs 550 for investors. The brokerage said in…
The mercury is heating up, and so can your portfolio returns. With India expected to experience above normal temperatures in the coming months, amid increased likelihood of severe heatwaves in the three months till May, investors can look to make the most of it by betting on certain segments of the Indian stock market. According…
US-Iran war: Extending yesterday’s pullback rally on Tuesday morning session, the key benchmark indices of the Indian stock market opened northward in the Opening Bell. The Nifty 50 index opened at 23,493 and touched an intraday high of 23,566 within an hour of the market opening. The BSE Sensex opened higher at 75,826 and climbed…
Leading brokerage firm Motilal Oswal Financial Services has increased the target of Hindalco Industries shares from ₹ 1,070 to ₹ 1,110 and advised “BUY”, which means there is a possibility of an upside of about 20% from the current price. The company believes that the future of Hindalco is strong as the international market environment…
Maharatna PSU power financier REC Limited on Monday announced a fourth interim dividend of ₹3.20 per share and fixed Friday, March 20, as the record date to determine eligible shareholders. “…this is to inform that the Board of Directors ofREC Limited (“REC” / “the Company”) in its meeting held on March 16, 2026, considered and…
Sankaran Naren, Executive Director and Chief Investment Officer of ICICI Prudential Mutual Fund, has cautioned investors against treating silver as a long-term asset class, saying the white metal behaves more like a small-cap stock and carries significantly higher risk. Speaking at the MFD Galaxy 16th Knowledge Summit 2026, Naren said that while silver can deliver…
Ola Electric Share Price: Brokerages are quite bearish on the shares of electric two-wheeler company Ola Electric. Brokerage firm CITI has reduced its share target price on the company from Rs 27 to Rs 22. This is a decline of more than 18 percent in the target price. After this report, there was pressure in…
Stock market today: The domestic benchmark indices, Nifty 50 and Sensex. continued their rebound this week, with both main indices starting in positive territory on Tuesday and further enhancing their growth. The Nifty 50 commenced at 23,493.20, increasing by 84.40 points or 0.36 percent, while the Sensex began at 75,824.17, rising by 321.32 points or…
