Synopsis: Nuvama initiates Welspun Corp with a BUY of target Rs. 1,028 with 26% upside, citing strong earnings growth, capex-led expansion, margin improvement, Sintex turnaround, and a record Rs. 23,500 crore order book offering multi-year revenue visibility. This...
Synopsis: Ten stocks, such as Valiant Communications, Lumax Auto Technologies, BSE, Force Motors, and GE Vernova T&D have more than doubled from their 52-week lows, reflecting strong price momentum, sector recovery, improved earnings outlook, and renewed investor...
Synopsis: Soma Papers & Industries Ltd hit 5% circuit after its subsidiary, KS Smart Solutions, secured a Rs. 172.65 crore Punjab government project to modernize schools with 23,846 desktops and 23,207 UPS systems, enhancing digital education infrastructure, to be...
Synopsis: Morgan Stanley and Jefferies initiated coverage on Pine Labs with target prices of Rs. 260 and Rs. 300, implying 11% and 28% upside, respectively, forecasting high revenue CAGR and EBIT margin expansion to 20% by FY28 driven by affordability solutions. The...
Synopsis: Shakti Pumps received a Rs. 356.77 crore order from MSEDCL to supply and install 12,883 off-grid solar water pumping systems across Maharashtra under the PM Kusum B scheme, reinforcing its leadership in renewable agricultural solutions. This company...
Synopsis: Cholamandalam Investment and Finance rises 8% after clarification on Cobrapost allegations, calling them baseless. It stated all cash collections, KYC, tax compliance, and related-party transactions are lawful, reaffirmed business guidance, and assured...
Synopsis: Vikram Solar shares surged 9% after India Ratings upgraded its credit ratings and the board approved a Rs. 4,371 crore capex plan for battery energy storage, strengthening its financial profile and long-term growth prospects. This company manufactures solar...
Synopsis: Bondada Engineering secured a Rs. 945 crore EPC order from NLC India Renewables for 810 MW solar BOS works in Rajasthan, boosting its order book to Rs. 5,989 crore and strengthening medium-term growth visibility. The shares of this company which provide...
Synopsis: Dilip Buildcon has emerged as the L-1 bidder for 1363.55 MW solar projects under PM KUSUM-C in Madhya Pradesh, securing a Rs. 4,900 crore EPC opportunity with 25-year O&M, strengthening long-term revenue visibility and renewable energy presence. The...
