Sumitomo Mitsui Banking Corporation (SMBC) is reportedly considering raising its shareholding in Yes Bank and establishing a wholly owned subsidiary in India, reinforcing its long-term commitment to the Indian financial services market. Rajeev Kannan, SMBC’s India head, made these remarks in a recent interview.

India’s industrial conglomerate Mahindra & Mahindra (M&M) has signed a definitive agreement with global insurer Manulife to launch a 50:50 joint venture (JV) in the life-insurance sector in India.

Shares of InterGlobe Aviation Ltd have broken out of a falling-trendline resistance on daily technical charts, indicating a potential bullish reversal in the near term.

Cochin Shipyard Ltd reported a sharp drop in its Q2 performance, with consolidated net profit falling to Rs. 101 crore, representing a 48% year-on-year decline from Rs. 193 crore in the same quarter last year.

A small-cap defence company recorded a standout performance in Q2, with its net profit soaring by over 60% year-on-year to around ₹49 crore, prompting the shares to rally by approximately 9% in today’s trading.

Tata Steel is expected to report a consolidated revenue increase of about 2% year-on-year in Q2 FY26, according to an average of six brokerages.

In a notable shift, Goldman Sachs and HSBC have recently upgraded their outlook on Indian equities. Goldman Sachs raised India to an “Overweight” rating, setting a target of the Nifty 50 at 29,000 by end-2026 (implying over 13 % upside). HSBC reiterated an overweight view on India in its Asia portfolio, targeting the BSE Sensex at 94,000 by 2026 (roughly 12.5 % upside).

Shriram Finance Ltd has emerged as a strong momentum stock after the non-banking financial company broke out from a classical cup & handle chart formation and surged to a fresh 52-week high in early November.

India’s largest commercial-and-industrial (C&I) renewable energy provider, CleanMax Enviro Energy Solutions Ltd, has secured final approval from the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO) of up to ₹5,200 crore.

Shares of Neuland Laboratories Ltd surged by about 10 %, reaching a 52-week high of ₹19,599 in morning trading on Monday, 10 November 2025, following the company’s strong performance for the quarter ended September 2025 (Q2 FY26).