Synopsis: Nuvama remains positive on Allied Blenders despite Q3 disruption caused by Telangana destocking and Maharashtra policy changes. It expects a Q4 recovery, supported by premiumisation, traction in ABD Maestro’s new launches, and margin expansion from...
Synopsis: LIC Housing Finance is showing signs of recovery as Citi expects stronger Q4 disbursements, easing balance transfer pressure and over 6% AUM growth in FY26. Loan repricing, stable asset quality and upcoming strategic initiatives such as co-lending and...
Synopsis: Kotak Mahindra Bank is in focus after issuing a clarification on alleged Rs 160 crore irregularities involving Panchkula Municipal Corporation FDs. The bank stated it has filed a complaint and initiated reconciliation. While allegations raised concerns...
Synopsis: NATCO Pharma shares rose after announcing a demerger of its agrochemicals business, with a 1:1 share entitlement for shareholders. Investors will receive one share of the new entity for every share held. The move aims to unlock value, improve business focus,...
Synopsis: Shares of multiple companies, including Rashi Peripherals Ltd, Jindal Poly Films Ltd, and Adani Green Energy Ltd and more, were in focus after bulk and block deals worth Rs 333 crore. Institutional activity from BNP Paribas Financial Markets and ICICI...
Synopsis: PG Electroplast shares jumped 9% after easing concerns over LPG supply disruptions that had impacted AC production. The company’s successful shift to alternative energy and near-normalisation of output boosted investor confidence ahead of peak summer demand....
Synopsis: Shares of C2C Advanced Systems Limited hit a 20% upper circuit after securing an Indian Navy-linked order from Hindustan Shipyard Limited. The deal improves revenue visibility and strengthens its position in defence electronics, while a Rs 160–180 crore...
Synopsis: RPSG Ventures shares surged 20% after the Rs 16,600 crore RCB deal reset IPL franchise valuations, triggering a sector-wide re-rating. Investors are now valuing its Lucknow Super Giants stake more optimistically, given significant hidden value. The rally...
Synopsis: Indian benchmark indices ended sharply higher on March 24, lifting broader market sentiment and triggering strong moves in several smallcap stocks. Sunlite Recycling, GOCL Corporation, Shree Rama Multi-Tech, NINtec Systems and Jay Bee Laminations hit their...
Synopsis: IRFC’s Rs 12,842 crore refinancing for HURL strengthens its loan book by adding a large strategic asset, improving diversification into railway-linked infrastructure, and reinforcing its role under the IRFC 2.0 strategy. The deal also supports asset quality,...