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The Smart Investor News
Titan eyes 2x growth by FY30; analysts back expansion plans, mkt share gain
Titan share price rises 5 per cent in two days as FY30 roadmap boosts analysts' confidence. Brokerages see market share gains, CaratLane growth, and international expansion driving revenue growth
 "Titan eyes 2x growth by FY30; analysts back expansion plans, mkt share gain")
EMS zooms 17% on bagging ₹103 cr sewer network order from UP Jal Nigam
EMS received the lowest bidder (L-1) status from UP Jal Nigam (Urban), Varanasi, for the construction of sewer networks and house connections in four wards of Nagar Nigam, Varanasi
 "EMS zooms 17% on bagging ₹103 cr sewer network order from UP Jal Nigam")
Zee Entertainment gains 4% on fund raise plan; stock up 25% so far in June
Over the weekend, Zee Entertainment Enterprises said it board is scheduled to meet on Wednesday, June 10 to consider and approve raising of funds.
 "Zee Entertainment gains 4% on fund raise plan; stock up 25% so far in June")
Ather Energy shares zoom 82% from Jan low; what's driving the rally?
In the past one year, Ather Energy shares have appreciated by 240 per cent, as against 4 per cent decline in the BSE Sensex.
 "Ather Energy shares zoom 82% from Jan low; what's driving the rally?")
Juniper Hotels gains 7% on acquisition update; what should investors do?
The northward movement in the company's share price came after it informed the exchanges that it had executed a share purchase agreement (SPA) with Juniper Hospitality Assets Private Limited (JHAPL)
RBI MPC keeps repo rate unchanged at 5.25%, maintains 'neutral' stance
RBI MPC June meeting: In its policy meeting, which took place between June 3-5, the committee continued with the 'neutral' stance
 "RBI MPC keeps repo rate unchanged at 5.25%, maintains 'neutral' stance")
Wipro shares tank 7% amid heavy volumes on buyback record date
According to data compiled by Bloomberg, 1.74 million shares were traded in multiple blocks on buyback record date
 "Wipro shares tank 7% amid heavy volumes on buyback record date")
Go Digit shares climb 10% as institutional investors pick up stake
According to NSE, Aditya Birla Sunlife Mutual Fund has purchased 2.1 million shares of Digit General Insurance, while JPMorgan (Taiwan) Eastern Technology Fund also acquired 1.1 million shares.
 "Go Digit shares climb 10% as institutional investors pick up stake")
Groww gains 4% after Goldman Sachs buys 1.13 crore shares for ₹210 crore
The buying on the counter came after on Thursday, Goldman Sachs bought more than 1.13 crore shares of Groww, from venture capital firm Friale for ₹210 crore
 "Groww gains 4% after Goldman Sachs buys 1.13 crore shares for ₹210 crore")
Sai Life, Laurus Labs hit new highs; stocks rally up to 40% in 6 months
Sai's management reiterated long-term guidance of 15-20 per cent revenue CAGR with 28-30 per cent steady state EBITDA margin over the next two to three years.
Voda Idea may soon enter top-50 most valued club; stock up 87% from Apr low
In the past month, Vodafone Idea's stock price has outperformed the market by soaring 41 per cent, compared to a 3.2 per cent decline in the BSE Sensex.
 "Voda Idea may soon enter top-50 most valued club; stock up 87% from Apr low")
Defence stocks in demand: Paras, Data Patterns, Ideaforge surge up to 12%
At 11:29 AM on Friday, the BSE India Defence index was the top gainer among thematic indices up 1 per cent as compared to 0.11 per cent rise in the BSE Sensex.
Rajesh Exports shockwave hits LIC stock post Sebi crackdown; analyst weighs
LIC stake in Rajesh Exports: LIC shares traded under pressure today following developments related to Rajesh Exports, in which the insurer holds a 10.8 per cent stake.
Tech Mahindra misses Q4 profit estimate; stock down over 3% in two sessions
In Q4, Tech Mahindra recorded a net profit of ₹1,353.8 crore, up 16 per cent from ₹1,166.7 crore a year ago. On a sequential basis, profit was up 20.6 per cent.
 "Tech Mahindra misses Q4 profit estimate; stock down over 3% in two sessions")
Firstsource Solutions share price jumps 15% with 10x volumes; Q4 in focus
Firstsource Solutions shares surged over 15% on heavy volumes today amid an IT rebound. Here's what's driving the rally: Q4 expectations and analyst views on stock outlook
 "Firstsource Solutions share price jumps 15% with 10x volumes; Q4 in focus")
AGR dues: Vodafone Idea to pay ₹124 crore a year over next 6 years
The telco will also pay ₹100 crore annually, from March 2032 to March 2035
 "AGR dues: Vodafone Idea to pay ₹124 crore a year over next 6 years")
Ahmedabad, Kolkata, Pune most affordable, Mumbai falls below 50% EMI ratio
Ahmedabad, Kolkata, Pune most affordable, Mumbai falls below 50% EMI ratio
 "Ahmedabad, Kolkata, Pune most affordable, Mumbai falls below 50% EMI ratio")
Vietnamese major Vingroup plans $3 billion investment in Telangana
Vingroup has signed an MoU with Telangana for a proposed $3 billion phased investment spanning an electric taxi fleet, a mobility platform, a Vinhomes smart city, social infra and renewable energy
 "Vietnamese major Vingroup plans $3 billion investment in Telangana")
Bank of Maharashtra OFS subscribed 3x; Bajaj Finance sells 2% stake in BHFL
Bank of Maharashtra OFS subscribed 3x; Bajaj Finance sells 2% stake in BHFL
Stocks to Watch today: SBI, Adani Enterprises, Sun Pharma, Hudco, LIC, IRFC
Stocks to Watch today, December 03: Shares of SBI, HDFC Bank, and ICICI Bank will remain in focus today as RBI has announced that they will continue to be classified as systemically important banks
 "Stocks to Watch today: SBI, Adani Enterprises, Sun Pharma, Hudco, LIC, IRFC")