HCL Capital Private Limited emerged as the biggest acquirer of British American Tobacco’s (BAT) stake in ITC Hotels. The NBFC company linked with the Shiv Nadar’s HCL Group on Friday bought 14.58 crore shares worth Rs 2,998 crore via a block deal. In separate block deals, marque investors Nippon India Mutual Fund, Societe Generale, Morgan … Read more
Indian equities displayed notable resilience on Friday, with the Nifty approaching the 26,100 mark. Despite global markets, particularly the US, showing weakness, domestic indices have managed to hold their ground, sparking optimism among investors. CA Rudramurthy BV, MD, Vachana Investments while commenting on the market’s performance, pointed out that, “First of all, we have to … Read more
Indian equities closed the week on a firmer note Friday, with technology and pharmaceutical shares leading modest gains as investors drew confidence from the US government’s reopening and clearer macro signals. Sentiment was further buoyed by stronger domestic earnings and the outcome of a key state election. The Nifty 50 inched up 0.12% to 25,910.05, … Read more
SBI Mutual Fund, the largest fund house based on assets managed, had an AUM of Rs 12.60 lakh crore as on October 2025. The fund house manages 125 schemes. Here are the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services. Source link
More than 300 companies, including heavyweights such as Swiggy, Adani Green Energy, ITC, and Larsen & Toubro, are set to release their financial results this week, offering investors and analysts a comprehensive snapshot of corporate performance for the July–September quarter of FY26. The flood of earnings announcements will give markets a clearer picture of how … Read more
HDFC Securities has assigned a target price of Rs 4,243 (9.2% upside). The company’s consolidated order pipeline for the remainder of FY26 stands at around Rs 14.8 lakh crore, including an infrastructure segment pipeline of Rs 8 lakh crore. Major projects span energy, infrastructure, heavy civil, renewables, water, defence, and international hydrocarbons. Management expects 10% … Read more
“For disclosure, HUL and Asian Paints have been my top picks since the beginning of this year, and I have mentioned this on your channel before. The slowdown in consumption had been so severe that a recovery was inevitable at some point. First, we had income tax rates being revised upwards, leaving more money in … Read more
A leading fund house with Rs 2.13 lakh crore AUM as of July 2025 revealed its top 10 holdings, led by HDFC Bank, ICICI Bank, Infosys, Axis Bank, RIL, ITC, SBI, TCS, Bharti Airtel, and L&T. Source link
FMCG major ITC reported a 3% year-on-year increase in its consolidated net profit for the June quarter at Rs 5,244 crore on Friday, compared to Rs 5,092 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. The company reported revenue from operations at Rs 23,129 crore … Read more
N Chandrasekaran, the Executive Chairman of Tata Sons, pocketed Rs 155.81 crore in total compensation for the financial year 2024-25, up 15% from the Rs 135 crore he earned a year earlier, according to the company’s latest annual report. The package included Rs 15.1 crore in salary and benefits, while a hefty commission on profits … Read more