Armed with a 25% market share, debt-free balance sheet, and strong OEM lock-ins, Bonfiglioli hits the primary market at ₹558-586 per share. Analysts say the IPO is fairly priced, but not cheap.

TCS shares rose 3% after the company reported higher Q2 profit and revenue, with annualised AI revenue reaching $3.1 billion. Brokerages were broadly positive but differed on growth and margin prospects, while technical indicators pointed to improving momentum above ₹2,250–2,260.

TCS gained around 11% in a week, supported by stronger-than-expected results, institutional buying and growing AI revenue. Analysts see potential for further gains if the stock breaks above ₹2,500, while identifying ₹1,970–2,000 as a crucial support zone.

Tata Elxsi's investments, including in AI, and onshoring expenses amid US immigration challenges need closer tracking

LTCG, STT: The Government must seriously look into anchoring hot money flows into equity segment by extending the holding period to say 2-3 years and abolishing the long term capital gains tax for equity, says SBI Research