Market expert Dipan Mehta stated that the defense sector is mature, with stock prices reflecting order book strength. He advised underweight investors to seek entry points during quarterly disappointments, emphasizing a buy-and-hold strategy. Regarding gold financing, Mehta praised Muthoot Finance's focus and risk management, suggesting temporary uncertainty could offer attractive entry points for long-term investors.
In FY26, the benchmark Sensex delivered a respectable 9% gain, but the real fireworks came from the small-cap segment, which surged nearly 14%. This rally turned the spotlight on smaller companies, with as many as 36 small-cap stocks becoming multibaggers. Yet, beneath this broad-based cheer, theres another side to the story. So far, in the first eight months of FY26, 18 small-cap stocks have plunged between 40% and 77%, and among them, seven have crashed more than 50%. These sharp declines make them worth a closer lookfor both bargain hunters and cautious investors alike. (Data Source: ACE Equity)
Oswal Pumps Ltd has announced a significant 48% surge in its consolidated net profit, reaching Rs 97.50 crore for the September quarter. This impressive growth is underpinned by a substantial rise in total income, which climbed to Rs 546.48 crore from Rs 310.84 crore in the same period last year.
Paras Defence and Space Technologies shares surged following strong September quarter results, with net profit jumping 50% and revenue climbing 22%. The company also secured a significant Rs 35.68 crore order from the Ministry of Defence for Portable Counter-Drone Systems, alongside a Rs 3.95 crore order for Radio Frequency Jammers. This positive news has propelled the stock to new highs.
Ram Ratna Wires announces 1:1 bonus shares with record date on 26 Dec. Q2FY26 PAT rises 29.9%, revenue up 23.8%, and stock has delivered 136% returns over two years.
Ather Energy witnessed significant block deals totaling Rs 545 crore as NIIF-II booked profits by offloading shares. Boston-based Ghisallo and Societe Generale were among the notable buyers, acquiring substantial stakes in the electric two-wheeler manufacturer. Other investors like Invesco Mutual Fund and Motilal Oswal also participated in the transaction.
Pine Labs delivered a strong market debut, listing at a 9.5% premium and rallying further to give IPO investors gains of nearly 30% from the IPO price. Brokerages remain positive on the companys long-term prospects but advise allotted investors to hold.
Societe Generale made significant investments on Thursday. The French bank acquired stakes in Sammaan Capital, Tata Capital, and Axis Bank. Its largest purchase was in Sammaan Capital. These block deals involved substantial financial transactions. Investors will be watching these companies closely following this development.
A recent US government shutdown has sparked debate on its impact on America's global standing and trade relations with India. Market expert Santosh Rao suggests the political narrative remains divided, with uncertainty clouding trade talks. While the shutdown highlights governance strains and fiscal concerns, its long-term economic impact is expected to be limited, with the US economy showing resilience.
Indian markets are consolidating, with midcap valuations appearing stretched. Equitree Capital's Pawan Bharaddia highlights the 1,0005,000 crore market-cap segment as a sweet spot, offering strong earnings growth at reasonable valuations. He also identifies India's tourism sector as a potential multi-decadal investment opportunity due to improving connectivity and domestic travel.
