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ICICI Securities remains constructive on Adani Energy Solutions Ltd., maintaining its Buy rating while revising the target price to Rs 1,100 (earlier Rs 1,127), supported by strong growth visibility in both transmission and smart metering businesses. Adani Energy Solutions is now the second‑largest transmission player in competitive bids and a leading participant in smart meter…
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Raymond Lifestyle Q3 Highlights (Consolidated, YoY) Net Profit down 33% at Rs 42.9 crore versus loss of Rs 64.2 croreRevenue up 5.4% at Rs 1,849 crore versus Rs 1,754 croreEBITDA up 32% at Rs 237 crore versus Rs 180 croreEBITDA Margin at 12.8% versus 10.2% Source link
Shares of auto companies will be in focus heading into trade on Monday as India and the European Union look to finalise the Free Trade Agreement framework before the Union Budget 2026. A key part of the talks between the EU and India revolves around the Indian government potentially cutting car import tariffs for EU…
Read More “Nifty, Sensex Trade Flat; Raymond, Vodafone Idea, Auto Shares In Focus” »
Shares of auto companies will be in focus heading into trade on Monday as India and the European Union look to finalise the Free Trade Agreement framework before the Union Budget 2026. A key part of the talks between the EU and India revolves around the Indian government potentially cutting car import tariffs for EU…
Read More “Nifty, Sensex Trade Flat; Raymond, Vodafone Idea, Auto Shares In Focus” »
The shares of Adani Enterprises Ltd. rose over 5% on Tuesday as the company announces strategic partnership with Brazilian major Embraer to build indigenous Aerospace hub in India. “Our regional air transport collaboration with Embraer is not an aviation program, it is an industrial strategy. We want to connect to tier 2 and tier 3 cities,” said Ashish…
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JSW Energys net sales grew 67% YoY, but down 21% QoQ to Rs 4,082 crore. (Photo: NDTV) JSW Energy Ltd.’s net sales grew 67% YoY, but down 21% QoQ to Rs 4,082 crore, missing estimate and consensus by 5% and 10%, respectively, due to lower-than-expected power generation. Ebitda stood at Rs 2,030 crore, up 122%…