Reliance

Addverb announces entry into Humanoid Robotics, aims to launch next-gen humanoid in 2025 – ET HealthWorld

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Addverb announces entry into Humanoid Robotics, aims to launch next-gen humanoid in 2025 – ET HealthWorld

New Delhi: Addverb, an industrial robotics and warehouse automation player, has announced its entry into the humanoid robotics field, with the launch scheduled for 2025. This landmark move represents a new chapter in Addverb’s evolution, which began with developing fixed automation systems and mobile robots. Previously, Addverb introduced “Trakr,” an AI-powered robot with autonomous navigation, … Read more

HDFC Securities initiates coverage on Swiggy, sets target price of Rs 430

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HDFC Securities initiates coverage on Swiggy, sets target price of Rs 430

Citing Swiggy’s solid brand presence and user base, brokerage HDFC Securities has initiated coverage on the Dalal Street debutant with an Add rating and a stock target price of Rs 430. The brokerage highlights the company’s strong growth prospects in quick commerce but notes operational hurdles could impact its long-term profitability trajectory. The target price … Read more

Nilesh Shah on India’s next big growth plays and why market corrections are just short-lived blips

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Nilesh Shah on India’s next big growth plays and why market corrections are just short-lived blips

“I mean individual positions yes, but otherwise I still think it is well contained and every quarter, every four-five months we see a situation where markets do correct or there is a correction of 5% to 10% which is relatively short lived and it bounces back,” says Nilesh Shah, Envision Capital. Josh and hosh right? … Read more

Swiggy IPO gets bids worth $15 billion from big investors like Norges, Fidelity: Report

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Swiggy IPO gets bids worth billion from big investors like Norges, Fidelity: Report

Big investors including Norway’s sovereign wealth fund Norges and Fidelity have placed bids worth more than $15 billion in Swiggy‘s India IPO, 25 times the $605 million portion reserved for such investors, four sources told Reuters on Thursday. Swiggy, a SoftBank-backed Indian food and grocery delivery giant, will next week launch its $1.35 billion IPO … Read more

Deven Choksey on 3 themes that are right for investing in a volatile market

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Deven Choksey on 3 themes that are right for investing in a volatile market

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says he is confident about investing in the metal sector as the metal market is about to undergo a significant change. Energy prices are stable, while demand remains strong and positive. As energy prices are expected to decrease due to the rise of renewable energy and its use … Read more

Deven Choksey on why long-term investors should eye Motherson Sumi

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Deven Choksey on why long-term investors should eye Motherson Sumi

“We’ve held stocks from the entire TVS Group for over 30 years. The Bajaj Group has been in our portfolio for over 40 years, and Reliance has been part of our portfolio for more than 25 years. We hold these companies because their businesses have shown steady growth. We’re not looking for exceptional returns like … Read more

Consolidation breakout can take Nifty to 23,400: Analysts

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Consolidation breakout can take Nifty to 23,400: Analysts

The strength in the market is expected to continue this week. Technical analysts predict Nifty could reach 23,400. Recommended stocks for trading this week include Reliance, SBI, L&T, Tata Power, Tata Steel, JSW Energy, Granules, JK Cement, BEL, Ashok Leyland, TVS Motors, RCF, Tata Tech, and Tata Elxsi. DHARMESH SHAH HEAD OF TECHNICALS, ICICI SECURITIES … Read more

Q4 results this week: RIL, ICICI Bank, HCL Tech, among 166 companies that’ll announce earnings

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Q4 results this week: RIL, ICICI Bank, HCL Tech, among 166 companies that’ll announce earnings

With Wipro and Infosys’ results out this week, the fourth quarter earnings season will now pick up pace as the upcoming week will witness the results for Axis Bank, ICICI Prudential Life Insurance, Mahindra & Mahindra Financial Services, Tata Elxsi, along with 167 other companies. Other big players across sectors, like HUL, Indian Hotels, OFSS, … Read more