Multibagger stock Sudarshan Chemical surges 20%, hits 52-week high on  ₹1,180 crore acquisition | Stock Market News

Multibagger stock Sudarshan Chemical surges 20%, hits 52-week high on ₹1,180 crore acquisition | Stock Market News

Source: Live Mint Shares of Sudarshan Chemical Industries rallied 20 per cent on Friday, October 11 to their 52-week high after the company announced the acquisition of the global pigment business of Germany’s Heubach Group. The company in an exchange filing today said, “… Sudarshan Chemical Industries Limited has entered into a definitive agreement on…

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Equirus Capital sees over 38% upside in this NBFC stock, initiates coverage with ‘long’ recommendation | Stock Market News

Equirus Capital sees over 38% upside in this NBFC stock, initiates coverage with ‘long’ recommendation | Stock Market News

Source: Live Mint Following three months of positive but muted returns, brokerage Equirus Capital has initiated coverage on NBFC stock MAS Financial Services with a ‘long’ recommendation and a target price of ₹401, indicating an upside potential of over 38 per cent. “We believe MASFIN has the perfect elements (promoter pedigree, stellar asset quality track…

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TCS’ Q2 margin miss drives earnings downgrades

TCS’ Q2 margin miss drives earnings downgrades

Source: Live Mint MUMBAI : IT bellwether Tata Consultancy Services Ltd (TCS) raised the curtains on the sector’s September quarter (Q2FY25) earnings with subdued performance.  Sequential constant currency revenue growth at 1.1% slightly missed the consensus estimate of 1.3%. Weaker growth in the North American market dragged overall growth even as the traction in the…

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Cummins India shares tank 6% after Goldman Sachs downgrades stock to ’sell’, sees 23% downside | Stock Market News

Cummins India shares tank 6% after Goldman Sachs downgrades stock to ’sell’, sees 23% downside | Stock Market News

Source: Live Mint Shares of Cummins India experienced a sharp decline of approximately 6 per cent during intra-day trading on Friday, October 11. This drop came in the wake of a downgrade from global brokerage house Goldman Sachs, which has revised its rating on the stock to ‘sell.’ Alongside this downgrade, the brokerage also reduced…

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Indian stock market: 8 key things that changed for market overnight – Gift Nifty, US inflation to TCS Q2 results | Stock Market News

Indian stock market: 8 key things that changed for market overnight – Gift Nifty, US inflation to TCS Q2 results | Stock Market News

Source: Live Mint Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open on a muted note on Friday tracking a mixed trend in global markets. Asian markets traded higher, while the US stock market ended lower after the inflation rose higher than expected. On Thursday, the Indian…

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