Synopsis: A telecom infrastructure and products company has secured a Rs. 2,666.09 crore order from Rail Vikas Nigam Limited for the BharatNet Phase-III project in Uttar Pradesh (West). The contract includes telecom equipment deployment, optical fiber network...
Synopsis: Dixon Technologies shares surged over 5% after reports indicated the Indian government may soon approve its joint venture with Vivo. The partnership is expected to boost smartphone manufacturing capacity and strengthen local production. The shares of this...
Synopsis: A precision forgings maker steps into advanced robotics with a fresh capex approval, signalling its most deliberate push yet beyond the automotive world it has long called home. For years, the road was the only market that mattered. Drivelines,...
Synopsis: A state-owned hydropower developer has signed a Memorandum of Agreement with the Government of Arunachal Pradesh for the development of the 3,097 MW Etalin Hydroelectric Project on the Dri and Tangon rivers in the Dibang Basin. The project will be executed...
Synopsis: Green energy stock shares surged 7% after the government initiated an assessment of aging wind turbines for repowering. The move, coupled with the company’s new 5 MW turbine launch, strengthened investor confidence in future growth prospects. The shares of...
Synopsis: GIC shares are in focus after the Government of India launched an Offer for Sale (OFS) to divest up to 5% stake at a floor price of ₹352 per share. The issue includes 2% base and 3% greenshoe option, with retail participation opening June 17. The Centre...
Synopsis: A leading commercial vehicle manufacturer’s EV subsidiary turned profitable in FY26 with a PAT of over ₹100 crore, while electric bus deliveries surged 238 percent YoY to 1,530 units. The company has also broken ground on a greenfield battery pack...
Synopsis: HSBC initiated coverage on IDFC First Bank with a Buy rating, citing strong loan growth, improving profitability, and operating leverage, while projecting a 23% upside potential. This Mid-Cap Private Sector Bank, engaged in providing retail banking,...
Synopsis: Dixon has partnered with a global technology player to expand into advanced optical connectivity and telecom equipment manufacturing, aiming to capitalize on rising demand from AI, cloud infrastructure and data centres. The shares of this mid cap company...
Synopsis: Shares of this Navratna PSU fell nearly 5 percent after the Government of India announced an Offer for Sale (OFS) worth around Rs.838 crore. The floor price for the OFS has been fixed at Rs.303 per share, representing a discount of nearly 6 percent to the...