In an exclusive conversation with ET Now, Parag Thakkar, from Fort Capital shared his perspective on Tata Consultancy Services’ (TCS) latest quarterly results, the company’s strategic shift towards AI and data centre investments, and his bullish stance on the metals and banking sectors. “We have 2.5% weight in TCS and we are not going to … Read more
Markets staged a recovery amid volatility and closed near the week’s highs, buoyed by broad-based buying following the recent correction. The initial sessions remained muted, but sentiment saw a sharp turnaround after the MPC policy announcement. Consequently, both benchmark indices posted gains of nearly 1%, with the Nifty ending at 24,894.25 and the Sensex at … Read more
India’s Tata Group has had a challenging 2025, losing more than a staggering $75 billion in market value this year. Notably, a significant portion of this decline occurred in the past couple of weeks, driven by challenges such as US visa restrictions and a cyberattack that halted production. According to Bloomberg data, the combined market … Read more
China is rolling out an “anti-involution” strategy in 2025, a sweeping policy aimed at ending years of cutthroat competition and oversupply in industries from steel and solar to electric vehicles. For Indian investors, the shift could ripple across metals, energy, and renewables, with Reliance Industries, Tata Steel, JSW Steel, and Hindalco among the stocks analysts … Read more
Tata Steel shares dipped 0.50% to Rs 167 on Thursday, retreating after a robust 6% gain in the previous session. The slight pullback occurred despite ongoing optimism in the metal sector, supported by global supply dynamics and domestic protective policies. On Wednesday, Indian metal stocks surged as investors responded to expectations of firmer global steel … Read more
Tata Steel India’s crude steel production remained flat at 5.26 million tons year-on-year in the quarter ended June 30, 2025 while its delivery volumes fell nearly 4% YoY in Q1FY26 at 4.75 million tons versus 4.94 million tons reported by the company in the year ago period. Maintenance related shutdowns in Jamshedpur (reline of G … Read more
Shares of Tata Steel climbed as much as 1.7% on Thursday, extending a two-day rally to 5.5%, buoyed by firm global cues, a rebound in metal prices, and optimism surrounding the company’s UK operations. The stock has surged over 7% in the past week and is up 21% in the last six months, even as … Read more
After a rough start to 2025, Tata Group stocks have staged a sharp rebound over the past three months. Sixteen group companies have posted double-digit gains—rising as much as 49%—but the comeback has been led largely by lesser-known names rather than the usual blue-chip heavyweights. Take, for instance, Automobile Corporation of Goa, which has emerged … Read more
In a stunning reversal of fortune, at least 40 companies pulled off a comeback story, shifting from losses in FY24 to profits in FY25. Stocks of nine of these companies have rewarded investors with multibagger returns exceeding 100%. Leading this remarkable turnaround brigade is Anil Ambani-led Reliance Power, which catapulted from a staggering loss of … Read more
In a market where the Nifty trades at 20 times FY27 PE, the immediate reaction is often to cry “overvaluation” based on historical standards. But Pankaj Pandey, Head of Retail Research at ICICI Direct, argues this approach is fundamentally flawed. The veteran analyst contends that India’s benchmark index has undergone a structural transformation that renders … Read more