SYNOPSIS: This cement manufacturing company’s promoter plans to sell a 7.24 percent stake via OFS at Rs. 52 per share to meet public shareholding norms, reducing promoter holding to 75 percent post-divestment. During Tuesday’s trading session, shares of a company...
SYNOPSIS: BofA upgraded this India-based automotive technology company to “buy”, indicating a 32 percent upside, citing growth from EV traction motors, driveline recovery and railways segment expansion, while expecting strong revenue and earnings growth through...
SYNOPSIS: A defence electronics company involved in indigenous missile and weapon systems is drawing attention after strong Q3 growth, acquisitions, greenfield expansion plans and management projecting 45-50 percent revenue CAGR over the next three years. An...
SYNOPSIS: The company has secured an EPC order worth up to Rs. 100 crore from Tata Power for monopole transmission structures in Mumbai, with project execution scheduled within 10 months from order issuance. During Monday’s trading session, shares of one of the...
SYNOPSIS: One of the fastest-growing EPC companies with a JV has emerged as the L1 bidder for a Rs. 274 crore Frontier Highway road project in Arunachal Pradesh, involving EPC construction and five years of maintenance. During Monday’s trading session, shares of one...
SYNOPSIS: IZMO’s semiconductor subsidiary partnered with European firms to develop and commercialise photonic integrated circuits for telecom, datacom, aerospace and sensing markets, targeting the rapidly growing silicon photonics industry. During Monday’s trading...
SYNOPSIS: Adani Group company has secured a 25-year power supply contract from MSEDCL for a 1,600 MW thermal project, with the first-year tariff set at Rs. 5.30 per kWh, providing long-term revenue visibility. During Monday’s trading session, shares of the largest...
SYNOPSIS: This company started copper cathode production at its 12,000-tonne DRC plant, marking entry into the global copper market and targeting expansion to 30,000 tonnes amid rising demand from electrification and energy transition. During Monday’s trading session,...
SYNOPSIS: Defence stocks remained under pressure amid profit booking, execution concerns, and supply chain risks. However, strong order books, rising defence exports, and sustained government spending continue to support the sector’s long-term outlook. Defence stocks...
SYNOPSIS: India’s aerospace market is projected to reach Rs. 2.2 lakh crore by 2029. Here are three engineering companies quietly positioning themselves to benefit from rising defence spending, aircraft demand and aerospace supply chain expansion. India has one of the...
