Shares of tyre manufacturer CEAT gained 2 percent to Rs 3,720 in morning trade before paring gains on June 4 after a slew of brokerages issued bullish calls on the counter, citing robust levers for growth in the coming quarters.CLSA has given an 'Outperform' rating with a target price of Rs 3,933 per share. The brokerage sees the integration of Camso and overall margin recovery as key near-term pr...

Staffing firm Quess Corp has launched "Origint", a dedicated global capability centre (GCC)-as-a-service offering. The end-to-end service line will help global enterprises set up, scale, and operate high-performing captive centres across India and key international markets.The June 3 launch is part of Quess’s ambitious plan to pivot from traditional staffing towards high-margin professional staf...

Adani Enterprises' arm Adani Airports Holdings Ltd (AAHL) on June 4 said it has raised $750 million from a consortium of international banks, including First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank.AAHL, which is India’s largest private airport operator, raised the funds via external commercial borrowings, a stock exchange filing said.The stock of the parent firm Adani Enterpri...

Nifty 50 is unlikely to breach the 25,000-mark on the upside or fall below 22,000 on the downside, according to Manish Sonthalia, Chief Investment Officer at Emkay Global Financial Services. Despite ongoing turbulence, including elevated U.S. yields and foreign institutional investor (FII) outflows, the Indian market's immediate movement is expected to remain rangebound. "Near-term 25,000 on the u...

Shares of Tata Motors gained over a percent to Rs 714 in morning trade on June 4, snapping its three-day decline even as international brokerage firm Nomura maintained its neutral rating on the counter.Analysts at the firm have assigned a target price of Rs 799 per share for India's leading EV player. The price reflects an upside potential of 13.5 percent from the last closing price of Rs 704. The...