In response to a query on Airtel, the market expert said, "One can enter at the current market price, keeping a stop loss placed at Rs 1,700.
Dividend history: Looking further back, the company paid Rs 60.60 in June 2023, handed out a final dividend of Rs 42.50 in June 2022, and issued a special dividend of Rs 24 in June 2021.
"Nifty IT has been one of the stronger-performing sectors in the market lately, showing impressive strength. Improved sentiment towards global technology companies, growing interest in artificial intelligence, and expectations of stable demand from overseas clients have supported the sector's recovery," a market participant stated.
On APL Apollo Tubes, the brokerage said, "Despite late-quarter disruptions (war impact, energy shortages, destocking), the company delivered ~Rs 5,500+/t EBITDA, driven by strong brand premium and better product mix amidst supply tightness in steel tubes. Management remains confident of sustaining Rs 5,000-5,500/t EBITDA, even in volatile conditions."
L&T shares are available at the previous breakout level. Near the prevailing level, the stock has key long-term moving averages. Keep a stop loss at Rs 3,800, said an analyst.
Answering the viewers/investors queries at Daily Calls on BTTV, Vishnu Kant Upadhyay, AVP of Research, Master Capital Services shared his views on select stocks.
Among sectoral indices, the BSE IT Index surged 4.40% to end at 30,106.93, while the BSE FMCG index gained 0.72% to settle at 18,024.61.
Multibagger stocks to buy: Shares of Anand Rathi Wealth shall trade ex-date for bonus issue on Wednesday, June 03, 2026.
Nomura believes the two companies are likely to be the biggest beneficiaries of the DC opportunities due to their product offerings and strong market positioning.
Railway stock: Antique said Titagarh Rail Systems delivered an in-line March quarter performance, with revenue coming broadly in line with its expectations.
“The top 20 NPA concentration has reduced drastically to 11.8% as of Mar-26 from 29.1% on Mar-25, reflecting improved corporate health and granularity in underwriting,” MOFSL said.
MRPL, Mazagon Dock Shipbuilders Ltd, NTPC Green Energy Ltd, SJVN Ltd and IRFC, where the government held 82-89 per cent stakes declined 8-13 per cent in the past one month.
ACME Solar launched a Qualified Institutional Placement (QIP) on Monday and fixed the floor price at Rs 294.13 per share.
The brokerage expects a healthy advance growth of 24-25% CAGR over the FY26-28E period.
At current levels, MOFSL said the stock trades at 6.1 times FY28 estimated EV/EBITDA and 1.7 times FY28 estimated price-to-book (P/B) value. The brokerage reiterated its 'Buy' rating with an increased target price of Rs 106, based on 7 times FY28 estimated EV/EBITDA.
Vedanta, whose shares fell to a low of Rs 333.45, recovered about 3 per cent to Rs 342.10 level. The stock was later trading 0.73 per cent higher at Rs 339.70.
Indian IT stocks hogged spotlight on Tuesday with the index rising nearly 5 per cent, bucking the weakness in the broader markets.
Total bed capacity reached 2,861 beds, out of which 2,300 beds are currently active and operational (including 561 beds added recently). Another 445 beds remain in the active pipeline.
Among the top gainers, shares of Infosys Ltd and Tata Consultancy Services Ltd (TCS) surged 5.22 per cent and 5.24 per cent, respectively. Coforge Ltd advanced 4.02 per cent, while HCL Technologies Ltd gained 3.76 per cent.
Prior to that, it paid a final dividend of Rs 25 on June 4, 2024, and a dual distribution of a Rs 25 final dividend alongside a Rs 15 special dividend on May 17, 2023.
IFCI: For the March-ended quarter (Q4 FY26), the non-banking financial company (NBFC) reported total revenue from operations of Rs 470 crore, compared with Rs 413.61 crore in the corresponding quarter last year, reflecting a growth of around 13.63 per cent.




