Finolex Cables shares have reached a 52-week high, driven by strong Q1 results and a recommendation from Jefferies to accumulate the stock with a target price of ₹1,410. Investors should consider this stock for their portfolio, especially with the potential for further growth in the coming quarters.
The RBI’s acquisition financing framework has opened up new opportunities for banks to fund acquisitions, with State Bank of India leading the charge with five to six M&A financing deals in the pipeline. The facility has enabled banks to attract clientele from sectors like the software industry, increasing the lending limit to up to 75% of the deal value.
UTI Mutual Fund’s Brand Canvas 2026 concluded with a grand finale at Kristu Jayanti University in Bengaluru, where top teams competed for the top spot. Team ‘Power Rangers’ from VIT Business School, Vellore, emerged as the winners with an ad film for UTI Mutual Fund.
BSE’s entry into the Nifty 50 is expected to attract significant passive inflows of around $700 million, potentially leading to a substantial influx of funds. The sustainability of the valuation will ultimately depend on BSE’s earnings and business performance.
India’s index-options trading activity faces a near-term drag from the new stock closing auction system, leading to reduced market participation and sharp price swings. Brokers, exchanges, and fund managers must adapt to the changing market dynamics.
Jubilant Pharmova’s Q1 FY27 financial performance was mixed, with revenue increasing by 17% YoY to Rs 2,229 crore, but EBITDA decreasing YoY due to various factors. The company’s shares declined by 6% after the earnings announcement.
A US judge has dismissed charges against Indian billionaire Gautam Adani, but expressed concerns over the Justice Department’s decision to drop the fraud and bribery case. The judge’s decision raises questions about the integrity of the judicial process.
The Reserve Bank of India (RBI) has assigned Lead Bank Responsibility to the State Bank of India for the new districts in Ladakh, marking a significant development in the region’s banking landscape. The move is expected to boost economic growth and financial inclusion in the area.
SBI Mutual Fund has launched a new Balanced Hybrid Fund that aims to generate long-term capital appreciation and income by investing in equity and debt instruments. The fund offers a disciplined framework for participation across equity and fixed-income markets, making it an attractive option for investors seeking stable returns.
Chevron’s Project Kilby is set to power Microsoft data centers, while Rocket Companies’ CEO Varun Krishna embarks on a bold culture experiment. Could this be a game-changer for Big Oil?
