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Amit Mudgill

Reporter · IN

Indexed articles, last 90 days
411
Latest publication
Oct 1, 2026
Outlet visibility, for Business Today
Top 50K sites
Earliest in this view
Jul 5, 2026

Latest articles

  1. Article · Oct 1, 2026 · Amit Mudgill

    Rs 2.7 lakh crore gone! Tata Sons tussle wipes out 10% value of Tata group stocks - BusinessToday (opens the original)

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    The ongoing Tata Sons tussle has eroded nearly Rs 2.7 lakh crore in market capitalisation (mcap) of listed Tata group stocks in less than two months. A total of 26 listed Tata stocks have lost 10 per cent or Rs 2,65,748 crore of their combined mcap to Rs 24,37,166 crore from Rs 27,02,915 crore between August 12 and Wednesday, data compiled from corporate database AceEquity showed. A total of 23 of 26 Tata shares delivered negative returns, with a dozen recording double-digit declines.

  2. Article · Oct 1, 2026 · Amit Mudgill

    CAFE III fuel efficiency norms: TMPV, M&M may emerge as key beneficiaries - BusinessToday (opens the original)

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    With the government notifying CAFE 2027 norms, with no material changes from the July 2026 draft, foreign brokerage Nomura believes most original equipment manufacturers (OEMs) can meet FY28 CAFE requirements with relatively moderate EV penetration. It estimated EV penetration of 1-3 per cent for Maruti Suzuki India Ltd (MSIL), 4-7 per cent for Hyundai Motor India Ltd, 4-7 per cent for Tata Motor Passenger Vehicle Ltd (TMPV), and 13-15 per cent for Mahindra & Mahindra (M&M). As the targets tight

  3. Article · Oct 1, 2026 · Amit Mudgill

    Bajaj Finance, Tata Capital, LT Finance, SHFL share price targets as cost of funds rise - BusinessToday (opens the original)

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    Nomura in a fresh note projected 1-12 per cent cut in earnings per share (EPS) for FY27 and FY28 for NBFCs, led by worries over rising cost of funds. While the foreign brokerage believes the structural strengths of NBFCs remain intact in a rate-hike scenario, it find the recent regulatory development more concerning. It prefers Bajaj Finance Ltd, Tata Capital Ltd and LT Finance among diversified lenders, and Shriram Finance among vehicle financiers. Nomura said housing financiers could also be c

  4. Article · Oct 1, 2026 · Amit Mudgill

    RIL share price target: Will oil to telecom major surprise investors in Q2? - BusinessToday (opens the original)

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    Nuvama Institutional Equities on Thursday retained its ‘Buy’ rating on Reliance Industries Ltd, with a target price of Rs 1,766 a share, saying the oil-to-telecom major could report a stronger-than-expected Ebitda growth in the September quarter. The domestic brokerage said consolidated Ebitda for RIL may rise 17 per cent year-on-year (YoY), against its earlier assessment of 12 per cent growth, driven by a further expansion in middle distillate crack spreads. The brokerage said profit after tax

  5. Article · Oct 1, 2026 · Amit Mudgill

    Kotak Mahindra Bank share price: Why this stock rose 4% today after CEO announcement - BusinessToday (opens the original)

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    Shares of Kotak Mahindra Bank Ltd (KMB) climbed 4 per cent in Thursday's trade after the RBI approved the appointment of Anup Kumar Saha as MD & CEO, easing leadership concerns at the private lender. To recall, the incumbent MD & CEO Ashok Vaswani had earlier said he did not wish to seek reappointment upon completion of his current term in December 2026, citing personal reasons. Following the development, KMB shares rose 3.85 per cent to hit a high of Rs 433.70 on BSE. The lender saw its market

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