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Goldman Sachs said the company's execution challenges are likely to ease soon, with Tejas Mk1A deliveries expected to commence from September 2026 and GE Aerospace's engine supplies likely to become more streamlined during FY27.
The stock was trading around Rs 3,063 after closing at Rs 3,129 in the previous session. Over the past month, Trent has declined more than 8%, giving up much of the momentum it had built earlier this year.
Three top brokerages, three different calls on India: Morgan Stanley sees the de-rating as cyclical, HSBC counts on FII flows to reverse, BofA flags multiple risks that could still derail the rally.
Chandigarh businessman Arun Gupta alleged he invested in the business due to Salman Khan's association with the Being Human brand, but the promised promotional support never materialised.
Neuland Laboratories shares climbed as much as 7% after the drugmaker reported a more than 10-fold rise in Q1 net profit to Rs 147.7 crore
Track MV Electrosystems' stock market debut with live updates on listing price, share price, premium, GMP, market reaction and expert views.
More than 165 companies, including LIC, Hero MotoCorp, Trent and Britannia, will announce Q1 FY27 earnings on Aug. 6.
Bank of America downgraded the real estate developer to 'Underperform' from 'Buy'. The brokerage also cut its target price to Rs 695 from Rs 800, implying limited upside from current levels.
The disruption led to delays in several Mumbai local trains operating on the Western Railway corridor, causing inconvenience to commuters, especially during peak traffic hours.
The share price has risen 37.3% year-to-date and 60.7% in the last 12 months.
