ICICI Securities (I-Sec) has initiated coverage on United Breweries Ltd (UBL) with an ‘Add’ rating, setting a target price of ₹2,300. The brokerage firm anticipates strong revenue, EBITDA, and PAT growth over the next few years, driven by premium portfolio expansion and improved operational efficiency. Investment Rationale I-Sec expects United Breweries to deliver: The brokerage…
Bharat Forge Ltd., India’s leading auto and defense component manufacturer, reported its Q4 FY25 earnings, highlighting strong revenue growth but potential challenges in its defense business and tariff impact on exports. Financial Performance Challenges in Defence and Export Segments Despite overall growth, Bharat Forge’s defense business may drag domestic revenue, while the passenger vehicle segment…
The Indian rupee experienced its steepest single-day decline in a month, weakening by 0.5% to 84.8250 against the U.S. dollar, as escalating tensions between India and Pakistan weighed on investor sentiment. Geopolitical Impact on Currency Markets India’s Operation Sindoor, which targeted nine terror-linked sites in Pakistan and Pakistan-occupied Kashmir (PoK), has led to heightened concerns…
Dabur India Ltd, one of the country’s leading FMCG brands, has unveiled a refreshed growth strategy aimed at achieving double-digit revenue and profit growth by FY28. The company plans to modernize its product portfolio, expand premium offerings, and aggressively pursue mergers and acquisitions to strengthen its market position. Strategic Overhaul for Sustainable Growth Dabur’s seven-pronged…
Shares of KFin Technologies Ltd are under the spotlight as General Atlantic Singapore Fund Pte. Ltd, a key promoter, prepares to offload 6% of its stake in the financial services firm via block deals. Stake Sale Details Strong Q4 Performance KFin Technologies recently reported a 14.3% year-on-year (YoY) increase in consolidated net profit for Q4…
JM Financial has reiterated its ‘Buy’ rating on Coforge Ltd, raising its target price to ₹10,000, citing strong order book growth and robust revenue projections for FY26. Investment Rationale The brokerage firm highlighted Coforge’s record signed order book, which has increased 47.7% year-on-year (YoY). Management expects organic growth in FY26 to surpass FY25, driven by…
Shares of Symphony Ltd soared 12% intraday on Thursday following the company’s robust Q4 FY25 earnings, which showcased a 63% rise in consolidated profit after tax (PAT) to ₹79 crore, compared to ₹48 crore in Q4 FY24. Strong Financial Performance Symphony reported a 36% increase in consolidated revenue, reaching ₹1,576 crore, while standalone revenue surged…
Both moringa water and lemongrass water have gained popularity in the wellness space, offering distinct benefits for skin health, digestion, and overall well-being. But which one is better suited for your needs? Moringa Water: The Nutrient Powerhouse Moringa, often called the “Miracle Tree,” is packed with vitamins A, C, and E, along with essential minerals…
Zucchini, a popular summer squash, is generally considered safe and nutritious. However, in rare cases, it can cause food poisoning due to the presence of cucurbitacins, naturally occurring compounds that can be toxic in high concentrations. What Causes Zucchini Poisoning? Cucurbitacins are bitter compounds found in some members of the cucurbit family, including zucchini, cucumbers,…
What you eat first thing in the morning can significantly impact your digestion, energy levels, and overall health. While some foods provide essential nutrients and aid metabolism, others can cause acidity, bloating, or discomfort. Here’s a look at the eight best and worst foods to start your day with. Best Foods to Eat on an…
