Synopsis: Ather Energy shares rose 10% as CLSA maintained an Outperform rating with a Rs. 1,450 target, citing long-term growth from the EL platform, though near-term margin pressure and raw material inflation remain concerns. The shares of this Indian electric...
Synopsis: The Indian rupee has halted its recent recovery, hovering around 94.3 per dollar as tit-for-tat US-Iran military strikes around the Strait of Hormuz pushed Brent crude back toward $72.44 per barrel. With Doha peace talks scheduled for Tuesday and a packed...
Synopsis: Multiple Indian companies, including Bajaj Finance, Mahindra & Mahindra, Gujarat Gas, TeamLease Services, and Kajaria Ceramics, have announced corporate actions this week, including dividends, buybacks, and a demerger. Record dates span June 29 to July...
Synopsis: Optiemus Electronics Limited, a wholly owned subsidiary of Optiemus Infracom Limited, has entered into a strategic manufacturing partnership with global IoT solutions provider Quectel to locally manufacture advanced wireless communication modules in India. ...
Synopsis: Alkem Laboratories’ subsidiary signed a supplementary agreement to acquire a 51-55% stake in Switzerland-based Occlutech Holding AG, strengthening its global medical technology business and international presence. This Mid-Cap Pharma Stock, engaged in...
Synopsis: A Bengaluru-based power services company has locked in a five-year operations contract worth over ₹406 crore from one of India’s largest natural resources conglomerates, reinforcing its revenue visibility and execution credentials in the thermal power...
Synopsis: In a major leadership development, Kotak Mahindra Bank’s Managing Director and CEO Ashok Vaswani has decided not to seek reappointment after the expiry of his current term on December 31, 2026, citing personal reasons. The board has initiated a formal...
Synopsis: Astal Laboratories has initiated plans to raise up to ₹300 crore while scouting acquisitions of globally certified pharmaceutical plants, marking a dual-pronged strategy to accelerate entry into regulated export markets and strengthen manufacturing...
Synopsis: Board has approved a strategic business restructuring to create two focused companies, aiming to improve operational focus, support future growth, and provide shareholders with ownership in both businesses. The shares of this small cap company majorly...