1d ago
63 Moons shares jump 11%, extend six-session rally to 34% after Mumbai MPID court order
Shares of 63 Moons Technologies Ltd have risen for six straight sessions, gaining 34% overall, including an 11% jump on Friday to Rs 847.05. The move follows a Mumbai MPID Court order cancelling the attachment of the company’s assets under an earlier notification, subject to certain conditions. Against this backdrop, MOFSL has issued a positional buy call with a target price of Rs 910.
1d ago
2d ago
Trump faces scrutiny over stock-market timing claims after March 22 post moved oil and futures
On March 22, Trump wrote that the U.S. and Iran were holding “productive conversations,” and about 15 minutes later oil prices fell while U.S. stock futures rose. That day also saw a one-minute burst of nearly 6,200 oil futures contracts traded, valued at about $580 million, far above recent averages. The article reports no concrete negotiating progress, agreement framework, or policy change, describing the market-sensitive messaging as unilateral and lacking a sustained causal basis for the price moves.
2d ago
2d ago
SML Mahindra shares jump 44% in two sessions after board approves acquisition of M&M’s truck and bus business
SML Mahindra’s board has approved the acquisition of Mahindra & Mahindra’s truck and bus business, with the deal expected to close in FY27 subject to regulatory approvals and other closing conditions. The combined entity would hold a 52% share of the sub-3.5-tonne light commercial vehicle market and around 6% of the heavy commercial vehicle segment. The company is targeting a 10–12% share in heavy commercial vehicles by FY31 and more than 20% by FY36. The announcement acted as a clear stock-specific catalyst, driving SML Mahindra shares up 44% over two days.
2d ago
7-29
SK Hynix shares sink 10.84% after Q2 operating profit misses estimates and no new guidance
SK Hynix reported second-quarter results it called an “all-time high quarterly performance,” but its operating profit fell short of market expectations. After the earnings release, the stock plunged 10.84% to 1.382 million Korean won in a single session. The company did not announce a new shareholder return policy on its follow-up conference call and provided no forward guidance, adding uncertainty about its near-term outlook. Shares of Samsung Electronics also fell 5.45%.
7-29
7-28
Meesho shares fall 3.05% to Rs 177 on block-deal chatter over Elevation Capital’s potential 12% stake sale
Meesho Ltd shares fell 3.05% to Rs 177, pushing its market capitalization below Rs 83,000 crore, amid market talk that early investor Elevation Capital could sell about 12% via a block deal valued at roughly Rs 1,200 crore. Elevation Capital held a 12.04% stake as of the quarter ended June 2026. In its latest quarter, Meesho reported 274 million annual transacting users (+29% YoY) and 725 million placed orders (+29% YoY), but the update did little to ease valuation concerns tied to a potential shareholder exit.
7-28
7-27
GHV Infra Projects jumps 5% to Rs 253.60 as shares hit upper circuit
Shares of GHV Infra Projects touched the 5% upper circuit intraday at Rs 253.60, taking the company’s market capitalisation to Rs 1,827 crore. For the March 2026 quarter, the company reported a 206% sequential rise in net profit to Rs 19.84 crore, while revenue climbed 67.25% quarter-on-quarter. On July 21, the company said it secured a Rs 1,250 crore EPC contract in Maharashtra. Acuite also upgraded the firm’s long-term bank-facility rating from ACUITE BBB (stable) to ACUITE A (stable) and its short-term rating from ACUITE A3 to ACUITE A1.
7-27
7-27
Analysts lift PVR Inox target price to Rs 1,350–1,500 after Q1FY26 profit of Rs 56.5 crore
PVR Inox swung to profit in Q1FY26, posting net profit of Rs 56.5 crore as revenue rose 12% year on year to Rs 1,642.3 crore and EBITDA jumped 90% to Rs 229.6 crore. The company’s balance sheet moved to a net cash position of Rs 80.7 crore and it operated 1,779 screens. Analysts have raised target prices to Rs 1,350–1,500 while maintaining “buy” ratings, citing the results and a strong slate of upcoming films as key catalysts for the stock.
7-27