Tesla’s Profit Plunges: A Wake-Up Call for Indian Investors Tesla Inc.’s profit has taken a significant hit, despite the company achieving record electric vehicle (EV) sales in the third quarter. The decline in profit is largely attributed to rising costs, which have put a strain on the company’s operations. As Elon Musk shifts his focus […]
Introduction to Asian Stocks Decline Asian stocks declined following a volatile session on Wall Street that saw broad losses across equities and haven assets. MSCI’s Asia equity benchmark retreated further from its record close earlier this week, with Japanese shares leading the decline. Factors Contributing to the Decline The Nasdaq 100 lost 1% after a
Beyond Meat: The Latest Meme Stock Sensation Meme stock rallies have become commonplace in the US market lately, and the latest beneficiary of this trend has been Beyond Meat, a stock that has gained more than 1000% in the last five trading sessions, reports BBC. The unprecedented rally comes even as the company struggles with
Brokerages’ Top Stock Picks for Today The Indian stock market is abuzz with activity, and top brokerages have shared their insights on the stocks to watch. In this article, we will delve into the details of the top stock picks, including NMDC Ltd, Titan Company, Tata Steel Ltd, Maruti Suzuki India Ltd, and Urban Company.
Gold and Silver Prices in India Take a Hit After Festive Season Gold prices in India today slumped to Rs 1,22,320, after the festive season. On Tuesday, Gold prices slid the most in 12 years after a weeks-long furious rally. Bullion’s record high prices fell by as much as 6.3% after hitting a fresh peak
Titan Company Ltd. Upgraded to ‘Buy’ by UBS: A Rebound on the Horizon? UBS has upgraded Titan Company Ltd. from Neutral to ‘Buy’ with a target price hike to Rs 4,700 from the earlier Rs 3,600. This upgrade comes as a result of the company’s impressive performance in the jewellery industry, despite the volatility in
Coforge Q2 Results: Date, Time, and Earnings Call Details Coforge Ltd. is set to announce the results for the second quarter of FY26 this week. Its Board of Directors will also consider the payment of a second interim dividend for FY26. The leading digital solutions provider has a global workforce of over 32,000 and serves
Can Fin Homes Q2 Review: Strong On Profitability, Weak On Growth, Says HDFC Securities Can Fin Homes Ltd.’s Q2 FY26 earnings were ahead of estimates, largely due to higher-than-expected net interest margins (4%) and muted credit costs (3bps). The company’s strong profitability was driven by a sharp reflation in NIMs, which was a result of
Sunteck Realty Q2 Review: Strong Financials Despite Collections Miss, Says Motilal Oswal Sunteck Realty Ltd. has reported its Q2 FY26 results, with pre-sales increasing by 34% YoY to Rs 7 billion. Although collections missed estimates, coming in 28% below at Rs 3.3 billion, the company’s strong financials have led Motilal Oswal to maintain its ‘Buy’
Urban Company Draws Mixed Ratings from Global Brokerages Urban Company Ltd. has drawn mixed initial coverage from global brokerages, with Morgan Stanley initiating an ‘Underweight’ rating and a target price of Rs 117, while Goldman Sachs has started with a ‘Neutral’ rating and a target of Rs 140. Morgan Stanley Initiates ‘Underweight’ Rating Morgan Stanley