Synopsis: JBM Auto shares surged 8% after the company strengthened its leadership in India’s electric bus market, capturing a 49% market share in May 2026 with 157 registrations, driven by strong manufacturing capabilities and rising demand for electric mobility...
Synopsis: These five transmission-focused companies stand out with robust order books ranging from Rs. 21,000 crore to Rs. 1.70 lakh crore, providing strong revenue visibility and long-term growth potential. India’s power transmission sector is benefiting from...
Synopsis: LTIMindtree shares plunged 8% amid a broader IT sector selloff as investors assessed AI’s opportunities and risks. While UBS remains optimistic about AI-led growth, Jefferies warned that automation could disrupt traditional IT services demand. The shares of...
Synopsis: The Union Cabinet approved the Naya Safar scheme to phase out BS-IV commercial vehicles in Delhi-NCR, boosting prospects for commercial vehicle and electric bus manufacturers as fleet operators transition to BS-VI and electric alternatives. Delhi-NCR is set...
Synopsis: Shares of Borosil Renewables Ltd surged 9% after the Indian government extended countervailing duties on Malaysian solar glass imports for five years. The move is expected to curb cheap imports, boost domestic demand, and improve capacity utilization. The...
Synopsis: Vedanta and Hindustan Zinc shares fell up to 3% after the company confirmed ED searches at group offices under a FEMA investigation. The decline comes despite Vedanta’s recent credit rating upgrade and ongoing demerger plans aimed at unlocking shareholder...
Synopsis: CarTrade Tech shares jumped 8% after Kotak Institutional Equities upgraded the stock to ‘Buy’ and raised its target price to Rs. 2,300. The brokerage cited OLX’s improving profitability, strong dealer network, and limited AI disruption risks as key...
Synopsis: UltraTech Cement is in focus after Morgan Stanley named it its preferred pick in the cement sector. Despite rising cost pressures and margin headwinds, the company’s scale, capacity expansion, and sustainability initiatives position it to outperform peers...
Synopsis: Zepto’s planned Rs. 11,000–12,000 crore IPO faces significant challenges, including a 30% decline in unlisted share prices, broader startup valuation corrections, and intense competition in quick commerce that demands continued heavy spending and...
Synopsis: KRN Heat Exchanger hit a 5% upper circuit after successfully raising Rs. 350 crore through a QIP. Strong participation from marquee investors including ADIA, ValueQuest, WhiteOak, and VQ FasterCap boosted investor confidence, driving the stock higher despite...
