Latest Stock Market News

Licious, backed by Temasek Holdings Pte, aims to become profitable by 2026 as it gears up for a potential IPO valuing over $2 billion. The firm is expanding into brick-and-mortar stores, enhancing delivery speed, and targeting a 30-minute delivery window to compete with quick commerce rivals.

Uno Minda shares are in focus after signing a joint venture with Inovance Automotive to develop high-voltage EV powertrain products for vehicles. Inovance will acquire a 30% stake in Uno Minda Auto Innovations, converting it into a joint venture. The collaboration aims to strengthen Uno Minda’s position in the electric vehicle market. The stock’s target price is Rs 1,109.

India s smallcap index has tumbled 22% from its peak, with earnings of these companies collapsing by 17.9% YoY in 9MFY25. Analysts predict further declines in smallcaps due to continued earnings downgrades and sector-wide weakness, while largecaps show more stability.

ICICI Securities advises buying Eureka Forbes with a revised target price of Rs 665, noting anticipated revenue and PAT growth over FY24-27E. Despite a recent decline in quarterly income to Rs 602.18 crore, net profit stands at Rs 35.03 crore. Promoters hold 62.56% stake, and key risks include competitive pressures and higher commodity prices.

GMR Airports posted an 11% YoY rise in January 2025 passenger traffic to 1.06 crore, despite a 2% MoM decrease. The company reported a Q3 FY25 net profit of Rs 202.1 crore, rebounding from the previous year s loss, with revenue up 19.2% YoY.

M&M shares might dip momentarily, but their medium-term outlook remains positive with robust performance in the auto sector. Pharma, particularly generics, biosimilars, and CDMO, is expected to do well. Consumer stocks poised for growth, especially discretionary spending, will benefit from reduced income tax and monsoons, bolstering demand in Q2 onwards.

Paytm has partnered with SBI Mutual Fund to launch the JanNivesh ₹250 SIP initiative. This scheme aims to promote financial inclusion by enabling small, regular investments. It supports the Government of India s vision for economic growth and anticipates growing the mutual funds market significantly.

Zomato s CEO Deepinder Goyal has introduced Nugget, an AI-supported customer support platform for its food delivery, Blinkit, and Hyperpure segments. Developed over three years, Nugget manages over 15 million interactions monthly and is open to global businesses. Zomato plans to rebrand as Eternal Ltd, consolidating its four main businesses under this new name.

Pashupati Advani addresses challenges for smaller NBFCs and predicts prospects for infrastructure, cement, and metals to lead economic recovery. He highlights government spending to boost consumption, the robust luxury market, and hesitancy on banks and IT. Key investment opportunities lie where the government is focusing, particularly in infrastructure and other essential sectors.