News

Gautam Shah, Founder, Goldilocks Global Research On CNBC-TV18

 #CNBCTV18Market | Oil marketing cos under pressure, HPCL down over 4% after crude surges pic.twitter.com/B8KYeZat0t

— CNBC-TV18 (@CNBCTV18Live) June 12, 2025

Amnish Aggarwal of PL Capital maintains a negative outlook on the entire paints sector, citing structural changes and rising competitive intensity. New entrants like Grasim, JSW, JK Cement, and Pidilite Industries are increasing pressure, potentially expanding the organised market from 4 to 8–10 players. This heightened competition limits room for margin expansion and profitability growth. Even with decent volume growth, profit growth is likely to remain in the mid to high single digits, while valuations, such as Asian Paints trading at 44–45x, leave little scope for re-rating.

Praveer Sinha, MD & CEO, Tata Power On CNBC-TV18

Shares of Tanla Platforms Ltd. gained 12% on Thursday, June 12, after the company said its board of directors will meet next week to consider the proposal for buyback of equity shares of the firm. here

Shares of One97 Communications, parent company of payments aggregator Paytm, were trading with losses of up to 10% on Thursday, June 12. The stock witnessed its biggest single-day drop since February last year.

Shares of CE Info Systems Ltd declined over 7% on Thursday, June 12, after 28.6 lakh shares of the company or 5.3% equity changed hands at ₹1,813.7 per share. here

The shares of Tanla Platform jumped 11% after the company said its board of directors will meet next week to consider the proposal for buyback of equity shares of the firm.

CE Info #LargeTrade | 28.60 lk shares (5.30% eq) change hands at ₹1,813.70/sh via block deals https://t.co/Zh8D6LmqFA pic.twitter.com/PdNswegxwt

— CNBC-TV18 (@CNBCTV18Live) June 12, 2025

The shares of Paytm tumbled over 10% in the early hours of the day’s trade. This came to pass after the FM’s MDR Clarification.

 #CNBCTV18Market | Market opens flat ahead of key eco data, Nifty above 25,100 pic.twitter.com/oQhWc92Oi0

— CNBC-TV18 (@CNBCTV18Live) June 12, 2025

The grey market premium (GMP) of integrated solar pump manufacturer Oswal Pumps rose over 14% on Thursday, June 12, a day ahead of the ₹890 crore issue opening. The one-day bidding for anchor investors will open later today. here

Market Watch: Sudarshan Sukhani, Technical Trends

Buy Chambal Fertilisers with a stop loss of ₹554

Buy Hero Motocorp with a stop loss of ₹4,330

Buy ITC with a stop loss of ₹417

Buy Siemens with a stop loss of ₹3,300

Market Watch: Mitessh Thakkar, Technical Analyst

Buy Infosys for a target price of ₹1,675 with a stop loss of ₹1,608

Buy GAIL for a target price of ₹210 with a stop loss of ₹195.50

Buy Kotak Mahindra Bank for a target price of ₹2,200 with a stop loss of ₹2,120

Buy Biocon for a target price of ₹370 with a stop loss of ₹347

 #Rupee Check | Rupee Opens At 85.43/$ Vs Wednesday’s Close Of 85.51/$ pic.twitter.com/URkeJscKPM

— CNBC-TV18 (@CNBCTV18Live) June 12, 2025

3.50 crore shares (3.64% eq) worth ₹7,703 crore change hands at ₹2,201 per share in the block de al window. here

60.93 Lakh Shares (0.06% Eq) Worth ₹156.65 Crore Change Hands At ₹257.1 per share In Block Deal Window.

In response to the Reserve Bank of India’s (RBI) recent policy rate cut, leading public sector lenders Canara Bank and Union Bank of India have announced reductions in their lending rates across various tenures and benchmarks. here

#HyundaiIndia may tap into parent co #HyundaiMotor’s global supply chain for rare-earth magnets

Hyundai India has adequate inventory of rare-earth magnets for this year, sources say to @Parikshitl pic.twitter.com/kG7P9KTVgc

— CNBC-TV18 (@CNBCTV18Live) June 12, 2025

NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.