ETHOS FINANCIAL RESULTS Q3
Rs 17,000 crore IPO! Tata Capital’s D-St debut plan now hinges on NCLT nod for merger with Tata Motors Fin
Tata Capital has plans to raise USD 2 billion through an IPO with expectations of a valuation around USD 11 billion. The move is conditional on the final approval of Tata Motors Finance's merger by NCLT, anticipated to complete by FY25 end. The offering includes fresh issues and sales by existing shareholders.
Let's get RIA about regulation: How India can cut through the red tape for growth and innovation
India’s jalebi regulatory framework needs reform to reduce bureaucratic burdens and enhance efficiency. The proposed High-Level Committee aims to address ambiguities, curb bureaucratic abuse, and promote honest governance. Recommendations include sunset clauses, risk-based inspections, and technological solutions to streamline compliance, fostering a business-friendly environment.
Jefferies removes India's Siemens from Asia ex-Japan portfolio, gets greedy for Chinese BYD, Tencent, CATL
Jefferies has removed India's Siemens from its Asia ex-Japan long-only equity portfolio to increase China’s weighting by 2%. The move follows Siemens' 22% underperformance over six months, with India and Korea’s weightings reduced by 1% each.
How quality stocks can be your secret weapon for market resilience
Market corrections present opportunities for investors to buy high-quality stocks at a discount. The "Quality Factor" helps identify fundamentally strong companies with better returns, lower risk, and faster recovery. A study of Nifty 500 stocks from 2012-2025 shows high-quality stocks significantly outperforming low-quality ones in returns and resilience, reinforcing quality investing’s long-term benefits.
Stocks to buy today: ICICI Securities upgrades City Union Bank; AnandRathi sees over 30% upside in Coforge
Anand Rathi maintains its Buy rating on Sharda Cropchem, citing expectations of double-digit revenue growth and stable margins, with a target price of Rs 730, indicating a 30% upside potential.
ADRE Result 2025 Announced: Here's how to check Assam Grade 3 and Grade 4 results
ADRE Result: The Assam Direct Recruitment Exam results for Grade 3 and Grade 4 posts have been announced today. Candidates can check their results on the official websites slrcg3.sebaonline.org and assam.gov.in. The recruitment aims to fill 12,600 vacancies. The SLRC has also released category-wise and post-wise cut-off marks. Over 13 lakh candidates appeared for the exams.
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5G base station additions plunge as Jio and Airtel slow down network-building capex
Recent data highlights a significant reduction in quarterly 5G base station additions by Reliance Jio and Bharti Airtel. The decreased rollout of 5G sites is leading to slower revenue growth for tower companies like Indus, as India's top telcos have nearly completed their 5G rollouts and 4G network expansions.
Quick commerce sector to benefit most from tax rebates as higher disposable income kicks in from May 2025: ICICI report
The quick commerce sector will be a key beneficiary of the income tax cut announced in the Union Budget 2025, as it will trigger strong consumption growth among middle-class consumers, an ICICI Securities report anticipated.
India Playbook 2025: Market concerns may temper as we head into FY-26
Domestically falling forex reserves, a weaker Rupee, slowdown in retail consumption, banking system liquidity crunch and cut in Corporate India earnings since 2Q 2024 are the key concerns which have led to FIIs taking out US$ 24 bn in the last six months.
IndiGo shares rise 2% after announcing direct flights from Mumbai to Krabi
IndiGo shares rose 2% following the announcement of new direct flights between Mumbai and Krabi. The airline, which remains a market leader with a 65% domestic PAX share, plans to operate six weekly flights to Krabi from March 2025, increasing to daily services by the end of the month.
LIC Housing Finance shares jump 2% as board approves Rs 1.23 lakh crore borrowing plan for FY26
LIC Housing Finance shares saw a rise after its board approved a significant borrowing plan of Rs 1.23 lakh crore for FY26 through various financial instruments. The company's Q3 net profit rose by 23.1% year-over-year, though there was a decline in net interest income.
Is the selling in smallcap stocks over? Motilal Oswal’s Sneha Poddar offer insights
The recent underwhelming earnings performance of many small and midcap companies on account of rising costs, weakening demand, and sector-specific headwinds have eroded profitability, leading to earnings downgrades.
Brewers' body urges Karnataka govt to apply rules uniformly, flags frequent tax hike
The Brewers Association of India (BAI) has requested the Karnataka government to address the frequent tax hikes and arbitrary regulations affecting the beer industry. The BAI highlighted discrimination in tax application and urged the government to ensure fair competition and a level-playing field for all beer suppliers in the state.
Coforge shares earn upgrades, Morgan Stanley gives Rs 11,500 target price
Coforge shares:The company has secured its largest deal to date, expected to contribute to revenue starting from Q1 FY26. If the deal progresses as projected, it could generate an additional $80–120 million in revenue for FY26, resulting in a 5–8% growth for the following year.
Stocks to buy today: Global brokerage firms see up to 50% upside in Varun Beverages & Polycab India
Jefferies, JPMorgan, and Morgan Stanley have expressed positive views on Varun Beverages, M&M Financial Services, and Polycab India, respectively, maintaining favorable ratings and increasing target prices.
Target’s strong Q4 profit: Target warns about consumer spending decline and tariff pressures—Is the US economy at risk?
Target Q4 Earnings 2025 exceeded expectations despite economic hurdles. The company reported $1.1 billion in net income, with EPS at $2.41, surpassing forecasts. However, revenue declined by 3.1% to $30.9 billion due to shifting consumer behavior and rising tariff concerns. Comparable sales grew by 1.5%, driven by strong demand in beauty and apparel. Target’s stock surged 5%, though it remains down 10.7% YTD. With inventory reduced by 12%, the company aims to strengthen its market position in fiscal 2025. Investors are watching how pricing strategies and cost optimization will shape Target’s future performance.
Growing up, with uncertainties
New GDP estimates show Q3 growth has improved to 6.2% and the FY25 growth estimate has been revised to 6.5%. Previous fiscal growth estimates were also revised upward. However, global economic uncertainties and possible trade wars under Trump introduce unpredictability, making it crucial for economic policies to sustain growth without triggering inflation.
Buy Infosys, target price Rs 2,200: JM Financial
JM Financial has a buy call on Infosys with a target price of Rs 2200. Infosys reported a consolidated total income of Rs 42623 crore for Q3 FY24, with a net profit of Rs 6822 crore. The company has revised its revenue growth guidance to 4.5% to 5% in constant currency terms and plans to hire 20,000 freshers next year.
Ethos ticks well on D-St with rising sales of luxury watches
Ethos added five new stores in the December quarter and 13 in the first nine months of FY25, taking the total count to 73 stores. The company aims to open six more boutiques by the end of FY25. It has signed six exclusive brand partnerships since April, with more collaborations in the pipeline.
Jio Financial Services shares drop 4% to hit fresh 52-week low
Jio Financial Services share price: Shares of Jio Financial Services Ltd fell 4.3% to Rs 198.6, reaching a new 52-week low amid ongoing selling pressure. The stock has declined 42% in the past six months. Despite recent financial struggles, Jio Financial is set to join the Nifty 50 index by March's end, potentially driving passive fund inflows.
Sensex gains 400 pts on positive Asian cues, strong economic growth data; Nifty above 22,200
Indian benchmark indices Sensex and Nifty opened higher on Monday, mainly driven by gains in IT and auto stocks. The positive opening followed data showing India's economy expanded by 6.2% in the October-December quarter. Paytm shares fell over 4% after facing a show cause notice from the Enforcement Directorate.
Buy SRF, target price Rs 3,115: JM Financial
JM Financial recommends buying SRF with a target price of Rs 3115, a 12.7% increase from its current price. SRF's positive outlook includes expected demand for PTFE grades and stable packaging film margins. The company's recent financial performance showed growth in both income and profit. Promoters and FIIs hold significant stakes.
Maha Kumbh to drive consumption demand in Q4 FY25, boosting hospitality, trade, and transport Sectors: CareEdge
The MahaKumbh megaevent in Q4 FY25 is expected to boost consumption demand, aiding sectors such as trade, hospitality, and transport, according to CareEdge. India's GDP growth improved to 6.2% in Q3, driven by agricultural output and the services sector. Easing inflation and lower taxes are projected to further strengthen consumption demand, despite global uncertainties.
India's economy set for Q4FY25 boost with increased govt. spending and capex: UBI report
India's economy is projected to improve in Q4FY25, driven by increased government spending, capital expenditure, and higher consumption due to events like Maha-Kumbh and the wedding season. The RBI has supported this growth with rate cuts and liquidity provisions, aiming for a 7.6% GDP growth in Q4FY25.
Q3 GDP booster, Feb auto sales data among 8 factors that could impact D-Street trade this week
Rupak De, Senior Technical Analyst at LKP Securities, commented that Nifty continues to stay in the bearish zone. He noted that in the short term, Nifty is likely to find support between 21,800 and 22,000.
Horoscope Today, March 2, 2025: How will Venus retrograde impact Aries, Pisces, Leo, Virgo & other zodiac signs? Here's your daily horoscope predictions
Horoscope Today, March 2, 2025 – Get ready to uncover what the stars have in store for you! With Venus in retrograde from March 1 to April 12, 2025, major shifts in love, finances, and personal growth are happening. Whether you're an Aries facing challenges or a Pisces trusting your instincts, each zodiac sign has unique opportunities and warnings today. Discover your lucky number, lucky color, and how cosmic energy influences your career, relationships, and financial decisions. Stay ahead with detailed daily predictions and embrace the changes coming your way.
SpiceJet clocks profit on reduced expense
Low cost carrier SpiceJet reported a profit of Rs 25 crore for Q3FY25, a turnaround from a loss of Rs 301.5 crore in the same quarter last year. This marks the first time in a decade the company's net worth has been positive, reflecting the success of its financial recovery efforts.
SpiceJet Q3 Results: Co posts Rs 26 profit vs loss a year ago; revenue up 35%
SpiceJet Q3 Results: SpiceJet turned profitable in Q3 2024, recording a net profit of Rs 26 crore due to strong passenger demand and improved efficiency. The airline's revenue surged by 35%, and its net worth became positive for the first time in a decade, supported by strategic financial recovery efforts.
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