Synopsis: Shares of Power Grid jumped after it secured a major interstate transmission project in Karnataka. Through this deal, nearly 3 GW of renewable energy will be transmitted under the BOOT model. The share of India’s largest electric power transmission utility...
Synopsis: Indian Gas Exchange is preparing for an IPO of about Rs 600-700 crore by the end of 2026. The majority of this will come from IEX offloading its stake. Gas trading volumes are increasing, new products are being introduced, and the industry appears set for a...
Synopsis: Shares of Madhya Bharat Agro Products are in focus after reporting a massive 116% and 77% jump in Q3 sales and net profit, respectively, YoY. Additionally, the company is investing Rs 450 crore to expand its Banda and Dhule plants. The shares of this...
Synopsis: Markets fell today as discussions of a strict new US sanctions bill on Russia frightened investors. The bill targets countries that continue to purchase Russian oil, including India, and threatens to raise tariffs by upto 500%. Markets noted a sharp...
Synopsis: SEBI says Bank of America violated market rules during Aditya Birla Sun Life AMC’s 2024 share sale worth $180 million. SEBI highlighted some lapses involving confidential information, which is prohibited from being shared with others, while The shares of...
Synopsis: Panacea Biotech jumped sharply after the company completed enrollment for the Phase III trial of its dengue vaccine, DengiAll®, with over 10,000 participants. The shares of this research-based biotechnology company are in focus after it announced a key...
Synopsis: The outcome of the war between China and Taiwan will be a major disruption to world markets. The semiconductor industry, trade and technology will be dramatically impacted, creating great risk for investors across the globe After recent US actions in...
Synopsis: Lemon Tree Hotels jumped sharply after reports emerged that global PE firm, Warburg Pincus, might take a major stake in the company. It is reported that the transaction may begin with the purchase of APG’s stake, followed by a preferential allotment...
Synopsis: PTC Industries is in focus after it secured a major order from ISRO’s VSSC, the company will supply aerospace-grade titanium alloy ingots made with the Double VAR process. The shares of this company, engaged in manufacturing metal components for critical and...
Synopsis: Panorama Studios International jumped sharply after signing a massive Rs 100 crore multi-film deal with Malayalam star Nivin Pauly, making it expand its presence in the Malayalam film industry. The shares of this company, engaged within the Indian media and...
