
Tata Power Q2 Net Profit Rises 33% to ₹1,652 Cr; Brokerages Split on Targets
Tata Power posted 33% YoY Q2 FY27 net profit growth to ₹1,652 crore as revenue rose 26% to ₹19,886 crore. Citi targets ₹525 while CLSA holds at ₹415.
Equities & Market Coverage Desk
The TradeKaizen Markets Desk covers Indian equities, index movements, institutional flows, and exchange disclosures from NSE and BSE.

Tata Power posted 33% YoY Q2 FY27 net profit growth to ₹1,652 crore as revenue rose 26% to ₹19,886 crore. Citi targets ₹525 while CLSA holds at ₹415.

An ETMarkets study of 36 single-scheme mutual fund picks with >₹10 cr holdings found nine surged 50%–144% YTD, beating crowded consensus large-caps.

Adani Ports will acquire Dutch liquid storage firm Evos for €2.56B (~₹27,100 cr), funding ~50% via equity and the rest via MUFG-underwritten debt.

Sensex tumbled ~500 pts from intraday highs as Nifty slipped below 25,250 on Nov 12, dragged by global tech jitters, DII profit-booking, and pre-CPI caution.

The Indian rupee stalled near 94.50–94.60 per USD on Nov 12 as oil-importer dollar bids and expected RBI intervention offset November FPI equity inflows.

Nvidia CEO Jensen Huang reported $36.3M in FY26 pay (-27.1% YoY) alongside a 3.58% equity stake (~870.6M shares) as board governance scrutiny intensifies.

Nuvama Wealth Management reported a 19.5% YoY increase in Q2 FY27 net profit to ₹303.5 cr and 20.35% revenue growth, sending the stock up 6.6% and near its July 2026 peak.

Spot gold slid to a one-week low near $3,950–$3,980/oz on Nov 12 as hotter US inflation pushed the dollar to 19-month highs and 10Y Treasury yields above 5%.

Coal India subsidiary Mahanadi Coalfields received SEBI approval for a ~$1B IPO via 10% OFS (66.18 crore shares), potentially valuing the unit near $10B.

TGV SRAAC reported a 50.4% YoY rise in Q2 FY27 net profit to ₹55.72 cr, prompting an 8% intraday rally and pushing its five‑year return to 147%.

SEC filings show Anthropic CFO Krishna Rao holds 9.50M Class A shares worth ~$703M at the $74 IPO midpoint, and will sell zero shares in the $64.4B debut.

ICICI Direct reiterated Buy on CESC with a ₹176 target (~36% upside from ₹130–₹131), citing its 1.5 GWp ReNew Solar acquisition and ₹260B clean-energy plan.