Stock Market LIVE: Can Fin Homes’ Risk-Reward Shifts As Morgan Stanley Rolls Valuation Forward
Morgan Stanley continues to view Can Fin Homes as a defensive, secured lending play, backed by moderate growth prospects and a mid-teens return on equity profile.
Check bull, bear and base cases for the counter here.
Stock Market LIVE: Premier Energies Order Highlights
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Premier Energies gets orders worth Rs 2,307 crore in the third quarter of FY26
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Execution of orders received in Q3 scheduled across FY27 & FY28
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Q3 orderbook supports aim to reach 10.6 GW solar cell, 11.1 GW solar module capacity by Sept 2026
Source: Exchange Filing
Stock Market LIVE: Govt Confirms Three Year Safeguard Duty
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Govt issues final notification confirming three year safeguard duty
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Safeguard duty at 12%, 11.5%, 11% over three years
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Duty Applies to HR coils, CR coils, coated & colour coated steel
Shriram Finance ‘Fuelled Up For Growth’, Says Brokerages As Jefferies, Nomura Hike Target Price
The positive sentiment around Shriram Finance continues as multiple brokerages have once again put out bullish calls on the non-banking financial company, on account of the recent investment from MUFG.
Brokerages remain bullish about Shriram Finance’s growth potential, especially after the $4.4 billion investment from MUFG, which may unlock fresh synergies for the NBFC.
Stock Market LIVE: Bharat Forge, Orient Tech, IndiGo In Focus
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Bharat Forge: The company signed a contract worth Rs 1,662 crore with the defence ministry to supply 2.6 lakh indigenously developed CQB carbines to the Indian army.
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Torrent Pharma: The board is to meet on Jan 5 to consider fundraising.
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Interglobe Aviation: The company received Rs 458 crore penalty order from Delhi GST body for Fiscal 2019- Fiscal 2023. The company will contest the order, and the said order does not have any significant impact on financials, operations or other activities of the company.
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Orient Tech: The company fixed Jan. 5 as a record date for issue of bonus shares.
Stock Market LIVE: GIFT Nifty Indicates Positive Bias
Good morning, readers.
The GIFT Nifty is trading at a 0.06% advance at 26,118.50 as of 7:05 a.m., indicating a positive bias open for the benchmark Nifty 50.
In yesterday’s trading session, the Nifty 50 declined marginally by 3.25 points or 0.01% to settle at 25,938.85, while the BSE Sensex slipped 20.46 points or 0.02% to close at 84,675.08.
. Read more on Markets by NDTV Profit.