Synopsis: Gravita India shares rose 4% after the company announced a Rs 49 crore capex to expand lead recycling capacity by 80,300 MTPA at its Mundra plant. The expansion strengthens growth visibility, export advantage, and operational scale, while improving investor...
Synopsis: Shares of Aditya Infotech and SpiceJet surged after significant stake transactions involving promoters and institutional investors. While Aditya Infotech witnessed Rs 920+ crore worth of stake sales absorbed by marquee institutions, SpiceJet saw a Rs 127...
Synopsis: Shares of the MRI manufacturer have corrected 66% from their peak amid valuation concerns despite strong revenue and margin expansion. While the company has demonstrated sharp growth and improving profitability, sustainability of performance in a...
Synopsis: Bajaj Holdings, Fino Payments Bank, 63 Moons Technologies, and MMTC reported significant contributions from other or exceptional income in Q3. In several cases, non-core income exceeded revenue from operations, while Bajaj Holdings’ profits were boosted by...
Synopsis: CLSA highlights a US$33 billion order opportunity for HAL over FY25–30, supported by strong backlog growth and long-term revenue visibility. Despite recent corrections, the brokerage maintains an ‘Outperform’ rating with 38% upside. Robust Q3 earnings and...
Synopsis: Concord Biotech shares surged 18% after hitting a 52-week low, driven largely by technical factors including oversold RSI levels and aggressive short covering. The rally was supported by optimism ahead of an investor meet, despite ongoing business challenges...
Synopsis: Bernstein remains positive on Swiggy and Eternal despite rising AI buzz, stating that strong logistics infrastructure protects incumbents from disruption. With AI seen as an incremental demand driver and targets implying 45–60% upside, the broking maintains...
Synopsis: SpiceJet shares hit the 10% lower circuit after nearly 15 crore shares, or 8.4% equity, changed hands in a block deal, triggering heavy selling. The stock has declined 25% over seven sessions. Despite rising passenger market share and 14% YoY revenue growth,...
Synopsis: Shringar House of Mangalsutra is in focus after announcing a Rs 15 crore capex to expand capacity from 2,500 kg to 4,000 kg annually. The 60% increase, backed by facility relocation and upgraded machinery, aims to support rising demand and drive revenue...
Synopsis: PC Jeweller shares are in focus after announcing entry into precious metal mining through the incorporation of a Republic of Chad-based subsidiary. The move signals backward integration into raw material sourcing. While the entity is yet to commence...
