Latest posts
-
Coforge shares rise 2% after firm appoints Akhil Kumar Gupta as chairman post OP Bhatt’s abrupt resignation
Coforge appoints former Bharti Enterprises vice-chairman Akhil Kumar Gupta as chairperson and independent director for five years, following boardroom turmoil triggered by O P Bhatt’s resignation. The IT services firm retains its FY27 guidance and long-term growth targets.
-
Stocks to buy: JM Financial expects soft Q2 season for IT majors; check target prices for Infosys, TCS, others
JM Financial predicts a lackluster Q2 earnings season for leading IT companies. Despite obstacles, firms like TCS and Infosys exhibit target prices suggesting room for growth. The brokerage foresees ongoing competitive challenges and macroeconomic instability. However, with wage hikes coming to an end for certain companies, margins are expected to improve. Investors should remain vigilant,…
-
Vikram Solar shares rise 3% after securing 400 MW module order from leading EPC company
Vikram Solar shares rose 3% after securing a 400 MW module supply order for decentralised solar projects across Maharashtra. The company will supply 620 Wp N-Type TOPCon G12R modules from October 2026 through March 2027. The order strengthens its presence in agricultural-feeder solarisation and India’s expanding renewable energy infrastructure.
-
Prasol Chemicals surges 10% as Q1 net profit jumps 151% YoY to ₹61 Crore; Targets ₹1,650 Crore revenue in FY27
The company is a specialty chemicals manufacturer with a product portfolio focused on acetone and phosphorus-based chemicals and their derivatives. The company serves multiple industrial applications and has been expanding its product portfolio towards higher-value derivatives. The shares of Prasol Chemicals are currently trading at Rs. 838.00, up by 9.71%. The company has a market capitalization…
-
Buying property abroad for your NRI child? Know how much parents can transfer and what tax rules apply
Indian resident parents can use the RBI’s Liberalised Remittance Scheme (LRS) to fund the purchase of overseas property by an NRI or OCI child, subject to FEMA rules. Here’s what to know about the $2,50,000 annual limit, gifts, loans, TCS and documentation.
-
DA hike for central govt employees: Will 3% increase be announced this week?
Central government employees await the next DA hike, with inflation data indicating a possible 3% increase to 63%. Employee unions expect an announcement in early October, ahead of Dussehra. Here’s how the revised DA is calculated and when the Centre may announce it.
-
Nomura initiates coverage on Allied Blenders with Buy rating, sees up to 20% upside
Nomura has initiated coverage on Allied Blenders & Distillers with a Buy rating and a target price of Rs 850, implying nearly 20% upside. The brokerage sees premiumisation, backward integration and margin expansion as key growth drivers, with EPS expected to grow at a 26% CAGR over FY26–FY29. Execution delays and slower premiumisation remain key…
-
IRB InvIT Fund raises ₹2,351 Crore via institutional placement to acquire 2 BOT highway assets
Building a highway is only half the story. The other half is deciding who owns it once it is built and traffic starts flowing. Investment trusts, or InvITs, let developers pass operating roads to long-term investors who want steady toll income. The developer gets its money back and can start the next project. Shares of…
-
Post Office Interest Rates Revised: Check Latest Rates, Investment Limits and Tax Benefits for 2026
Post Office Savings Account The Post Office Savings Account offers 4% per year from October-December 2026. Minimum balance required is ₹500 and there is no maximum limit of balance. Under Section 80TTA, interest earned on savings accounts can be deducted up to ₹10,000 for eligible people. As per Section 80TTB, senior citizens can claim up…
-
TAC Infosec Has Fallen 43% in 2026: What Change Is Needed for Earnings to Catch Up With Its Valuation?
TAC Infosec has delivered rapid growth in a market where cybersecurity spending is becoming increasingly important, but its valuation still depends on the company sustaining that momentum. With the stock having corrected sharply, the focus now shifts to whether stronger customer monetisation, international expansion and operating leverage can translate growth into earnings that support the…