Synopsis: Indian Energy Exchange (IEX) dropped up to 4% as the regulator considers cutting transaction fees from 2 to 1.5 paise per kWh, potentially lowering revenue, especially for Term-Ahead Market contracts. The company, which offers an automated platform and...
Synopsis: Ceinsys Tech, Senores Pharma, Capital Infra Trust, and V I P Industries saw notable bulk deal activity today. Ceinsys Tech hit 5% upper circuit, Senores Pharma jumped 7%, while VIP shares are under pressure. Shares across technology, pharmaceuticals,...
Synopsis: Forex trading in India is not entirely banned but strictly regulated. Only authorised brokers and approved INR currency pairs are allowed, while offshore trading and unauthorised platforms are illegal, ensuring investor safety and the stability of India’s...
Synopsis: Equirus initiates coverage on JSW Cement with a Long rating and Rs. 167 target, 41% upside with citing its 80% GGBS market share, strategic northern expansion, strong steel linkages, and projected 18% revenue and 33% EBITDA growth over three years. This...
Synopsis: Poly Medicure expects a strong H2 rebound with 22–25% growth, improved exports, and FY26 revenue growth of 15–16%. Backed by acquisitions and over Rs. 750 crore cash, it plans expansion in orthopaedics, cardiology, and oncology while eyeing full export...
Synopsis: Adani Ports raised FY26 EBITDA guidance to Rs. 22,350–23,350 crore and cargo target to 545–555 MMT, acquired 50 MTPA NQXT to support its 1-billion-tonne 2030 goal, and approved issuance of 14.38 crore shares for growth funding. This company develops,...
Synopsis: The company expects H2 FY26 to outperform H1, 20–22% AUM growth, plans to pass on rate cuts by end-Q3, remains capitalized for 2.5–3 years, sees demand for 3 crore housing units, and guides gross NPAs at 1.15–1.1%. This company is among India’s largest...
Synopsis: BP will sell 65% of Castrol to Stonepeak for a $10.1 billion enterprise value, netting $6 billion to cut debt, forming a joint venture while retaining a 35% stake and future exit option. This company is engaged in the business of manufacturing &...
Synopsis: GK Energy received a Rs. 276.93 crore order from MSEDCL for 10,000 solar water pumps under the PM-KUSUM scheme in Maharashtra, to be executed within 60 days, boosting its presence in renewable energy and solar irrigation. This company provides EPC...
Synopsis: Crompton Greaves Consumer Electricals received a Rs. 46.20 crore EPC order from MSEDCL for 2,000 solar water pumping systems under the PM-KUSUM scheme in Maharashtra, to be executed within 60 days, strengthening its renewable energy presence. This company is...
