Uzzing Stocks News Today

Trends in the GIFT Nifty indicate a flat start for the broader index in India, with a gain of 10 points or 0.04 percent. The Nifty futures were trading around the 22,590 level.

High raw material costs dragged Lupins Q4 net profit to below the Streets estimate, however, the sharp margin improvement provided much cushion to investor sentiment.

While headwinds were a drag on Route Mobiles Q4 earnings, a line-up of big deals in FY25 is expected to aid synergies and bring better times.

On May 7, Sensex closed 383 points (0.5%) lower at 73,511.85, while the Nifty 50 fell 141 points (0.6%) to 22,301.50

However, JM Financial sees more growth engines now for Tata Tech than a few years ago, largely backed by its diverse portfolio

Brokerages are impressed by the pickup in Avenue Supermarts store additions, and improvement in general merchandise and apparel into its mix. While JPMorgan upgraded the stock, Nuvama raised its target price.

In April last year, RBI had given in-principle approval to IIHL to increase its stake in the bank to a maximum of 26 percent

ICICI Securities expects the Anup Engineering to deliver 20 percent plus growth over the next 2-3 years, fueled by its strong backlog and order pipeline,

JP Morgan upgraded Kotak Mahindra Bank (KMB) to overweight from neutral, citing supportive valuations post recent RBI actions and senior management departure. The target price has been raised to Rs 2070 per share, marking a 34 percent increase from the last close.

Ajanta Pharma approved its fourth buyback plan in as many years, offering a premium of 25 percent to stakeholders.