News for ICICI Securities Limited (ISEC.BO)

Tata Steel stock gained 0.86% to Rs 152.85 on BSE today. Market cap of the firm stood at Rs 1.90 lakh crore

Muted revenue growth, narrowing margins and downgrades weighed on companies in December quarter.

The 25% tariffs imposed on Canada and Mexico took effect Tuesday along with fresh levies on Chinese imports. In his address to the US Congress, President Donald Trump said that reciprocal tariffs will take effect from April 2 on countries like India, South Korea, the EU, China and others.

Amid bearish investor sentiment that has dented valuations of foodtech majors Zomato and Swiggy by billions, brokerage ICICI Securities sees a potential upswing in the companies’ fortunes as soon as May 2025.

Shares of Adani Power Ltd have lost 46% lower from their record high but ICICI Securities is positive on the recovery. Adani Power stock reached a record high of Rs 896.75 on June 3, 2024. However, it is trading at Rs 482.30 in the current session. The brokerage said legal disputes on power purchase agreements (PPAs) are largely resolved with Adani securing compensation and higher tariffs. ICICI Securities has assigned a price target of Rs 600, a 24% upside to the current price.

Insurtech major Go Digit General Insurance soared over 11% to INR 324.60 apiece during the intraday trading session on the BSE today (March 4)

The multibagger stock closed 4% higher at Rs 10,515 on Monday. Market cap of the firm rose to Rs 15,755 crore.

Nifty50 index managers announce rejig with Zomato and Jio Financial Services entering, sparking debate on valuation and criteria.

Feb 21, 2025 / 08:30AM GMTOperator Ladies and gentlemen, good afternoon, and welcome to the CIE India's Q4 and full-year CY24 results conference call hosted by

The BSE Sensex stood at 75,352.10, down 383.86 points or 0.51  per cent. Nifty fell 118 points or 0.51 per cent to 22,795.25.

The multibagger stock fell 21% in six months and lost 11% in three months. Inox Wind shares are down 9.66% this year.

Zen Technologies shares hit lower circuit of 10% at Rs 971.50 on Tuesday against the previous close of Rs 1,079.40 on BSE.

"22,800 acted as support for the benchmark Nifty50 recently. "This weekly expiry may be seen in the 22,600-23,300 range," the market expert told Business Today.

Bandhan Bank, UCO Bank, Natco Pharma, Ircon International Ltd, IRCTC, ACC, BEML, Titagarh Rail Systems and Tanla Platforms were among BSE MidSmallcap 400 companies hitting their 52-week lows today.

The BSE Sensex was trading at 75,613.32, down 383.54 points or 0.50 per cent. Nifty stood at 22,815.85, down 143.65 points or 0.63 per cent. Small and midcap (SMID) indices fell 1-2 per cent.

Ajax Engineering Ltd stock debuts weak on BSE and NSE, but remains optimistic for long-term growth in infrastructure sector.

Ajax Engineering sold its shares in the price band of Rs 599-629 apiece, which could be applied for a minimum of 23 shares and its multiples to raise a total of Rs 1,269.35 crore.

Feb 14, 2025 / 10:00AM GMTOperator Ladies and gentlemen, good day and welcome to the Q3 and nine months FY25 results conference call of Bajaj Consumer hosted by

Honasa Consumer's shares surged 8.5% to Rs 222.10 on the BSE after reporting a Q3 net profit of Rs 26 crore, nearly unchanged from Rs 25.9 crore a year ago. ICICI Securities believes the market undervalues Honasa, assigning just 28% of its value to Mamaearth, with an EV/sales multiple of 1.1x versus peers trading above 5x.