Latest Stock Market News

Siemens India shares: Siemens reported a 21.5% YoY rise in net profit for the December quarter, reaching Rs 614.6 crore, up from Rs 505.7 crore last year. However, consolidated revenue fell 3.3% YoY to Rs 3,587.2 crore, compared to Rs 3,709.5 crore.

The rupee weakened by 6 paise to 85.78 against the US dollar due to a negative trend in domestic equities and the recovery of the American currency. Liquidity constraints and concerns over reciprocal tariffs also pressured the rupee, despite support from foreign fund inflows.

Marico shares: Motilal Oswal has set a target price of Rs 775 for Marico, indicating a potential upside of nearly 21.5% from the current levels. The brokerage expects Marico to achieve 11% revenue growth and 13% EBITDA growth on a compound annual growth rate (CAGR) basis over FY25-27.

Vodafone Idea shares: Vodafone Idea is set to experience a significant increase in its regulatory dues when the moratorium ends in September. JM Financial projects that Vi s payouts will reach Rs 29,100 crore by March 2026 and further rise to an average of Rs 43,000 crore annually from FY27 to FY31.

Pankaj Pandey, Head of Research, discusses market behavior amid tariff anxieties. He believes a correction could lead to a rebound if the market stabilizes. Pandey favors cement stocks like UltraTech and Ambuja Cement, and sees selective opportunities in auto and tier-II IT companies such as Coforge. Revenue growth forecasts remain strong despite uncertainties.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources

NCC secured two advance work orders from BSNL, valued at a total of Rs 10,804.56 crore, for the middle-mile network of BharatNet in Uttarakhand and Madhya Pradesh, along with Dadra & Nagar Haveli, and Daman & Diu. The contracts have a three-year construction period and a 10-year maintenance duration.

IRFC shares:According to Trendlyne data, the average target price for the stock is Rs 50, indicating a potential downside of 61% from the current market price. The consensus recommendation from one analyst is a Strong Sell for the stock.

Waaree Renewable Technologies secures a Rs 262 crore solar power project from Waaree Energies for 170 MW AC capacity. Despite last year s stock underperformance, the company has displayed impressive returns over the last five years. The latest financials show a net profit of Rs 53.48 crore.