Synopsis: Shares of Kilburn Engineering jumped sharply after the company secured new orders worth Rs 58.22 crore from multiple division with a Rs 40.8 crore order for rotary dryers for carbon black, along with additional orders for tea dryers, paddle dryers, and...
Synopsis: ONGC, Oil India, and Hindustan Oil Exploration Company surged up to 10% in today’s trade as Brent crude reached $68 per barrel, boosting the earnings outlook for upstream oil producers Investors piled into oil and gas stocks today as shares of drilling and...
Synopsis: RVNL jumped after the company secured the lowest bidder status (L1) for a Rs 242 crore project from South Central Railway for designing, supplying, installing, testing, and making the system operational. This Navratna Railway Stock, engaged in implementing...
Synopsis: Alldigi Tech jumped sharply after the company reported that its revenue, EBITDA and net profit jumped by 9.5%, 42% and 5% YoY respectively. Additionally, the board surprised investors by declaring an interim dividend of Rs 30 per share. The shares of this IT...
Synopsis: India-EU FTA to cut tariffs on most goods, boosting pharma, engineering, and chemicals exports, while autos, alcohol, and some food sectors may face rising EU import competition. The recently concluded India-EU Free Trade Agreement (FTA) marks a historic...
Synopsis: Shares of Dynamic Cables jumped sharply after the company reported a 42% YoY growth in net profit, despite revenue growing by only 19%, mainly aided by improved cost control. The shares of this company, engaged in manufacturing power infrastructure cables,...
Synopsis: RITES shares jumped sharply after it secured a $20.6 million (Rs 185 crore) contract from ICVL Mozambique to provide diesel locomotives along with two years of maintenance. The shares of this railway PSU, engaged in the transport consultancy and engineering...
Synopsis: Auto stocks fell by up to 5% after reports that India would reduce import duties on European cars to 40%. Investors fear that this decision will increase competition and put pressure on the profits of domestic automakers. Today, many Indian automobile...
Synopsis: Jyoti Structures jumped sharply after it reported a 53% growth in revenue, followed by 55% growth in net profit on a YoY basis, despite operating margins gliding by 200 bps in the period. The shares of this company, engaged in electricity, transmission,...
Synopsis: Trump’s renewed interest in purchasing Greenland has sparked widespread discussion. Arctic defence dominance, massive undiscovered energy reserves or simply politics? Greenland, normally just a huge, icy island, has suddenly become a hot topic in world...