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InCred Equities has turned selective on Indian equities, adding Camlin Fine Sciences and mid-sized banks to its high-conviction list while dropping Adani Ports and Cipla. The brokerages reshuffle comes amid slowing earnings momentum, even as broader markets rally on improving macroeconomic signals.
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News and Media
Luca de Meo may become the new CEO of Kering. He is currently the CEO of Renault. Kering owns Gucci and other luxury brands. De Meo has experience in the automotive industry. Kering hopes he can improve their performance. The company's shares have decreased in value. Gucci's performance has been underwhelming.
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News and Media
UltraTech Cement must divest approximately 7% of its India Cements stake, valued at over 667 crore, to comply with SEBI's minimum public shareholding norms after an oversubscribed open offer increased its stake beyond the regulatory limit. India Cements has until February 2026 to meet the 25% public shareholding requirement through various methods.
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News and Media
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