Latest Stock Market News

Dharamshi acknowledges the challenge of adapting to rising valuations over time, while holding on to his value-conscious roots.

KEC International secures new orders worth Rs 1,236 crore in both domestic and international markets, including projects in India, the UAE, and Kuwait. The total order intake for FY25 reaches a record Rs 24,600 crore, marking a robust 36% growth compared to last year.

Swiggy shares: Earlier, the Bengaluru-based company received notices from the Income Tax Department regarding unpaid dues related to cancellation charges paid to merchants in the financial years 2018 and 2019, amounting to Rs 1.1 crore. Swiggy had stated last month that it would be appealing those assessment orders as well.

Veteran investor Kalpraj Dharamshi discusses the evolution of his investing journey since the 1980s. Reflecting on adapting to current market valuations, he highlights the challenge of balancing value-driven instincts with the need to stay relevant in changing environments.

Sandip Sabharwal highlights that auto sales numbers from companies like Eicher Motors, TVS, and Ashok Leyland are surpassing analyst expectations, and are not significantly impacted by tariff concerns. He also discusses prospects for large banks and real estate, expressing an unfavorable view towards Vodafone Idea and IT stocks due to profitability and economic concerns.

L&T Technology Services has secured a €50 million deal with a European automotive OEM to set up a new development centre focused on software-defined vehicles and advanced driver-assistance systems. This follows a recent $80 million deal with a US company.

Tata Motors shares: For FY2024-25, Tata Motors reported a 4% decline in total sales, reaching 9,12,155 units, down from 9,49,015 units in FY24. Passenger vehicle sales decreased by 3%, totaling 5,56,263 units compared to 5,73,495 units in FY24, while commercial vehicle sales fell 5%, with 3,76,903 units sold, down from 3,95,845 units in FY24.

Despite foreign portfolio investors offloading Rs 1.25 lakh crore worth of equities, strong domestic participation — with mutual funds and retail investors infusing over Rs 6 lakh crore — provided crucial support.

Sudip Bandyopadhyay suggests long-term investments in the power sector (NTPC, PFC, REC), Bharat Electronics, and construction, noting market dips as buying opportunities. He advises against investing in Vodafone Idea despite temporary relief from government aid and prefers Bharti Airtel in telecom. L&T and Bharat Electronics are recommended for their strong fundamentals and growth potential.