Synopsis: Delta Corp came under pressure after the government proposed a 40 percent GST levy on casinos under the GST 2.0 framework, up from 28 percent earlier. Coupled with ongoing GST litigation worth Rs. 23,200 crore and weaker Q1 earnings, the tax hike poses...
Synopsis: Aimtron Electronics Ltd has secured a Rs. 4.62 crore order from Vanix Technologies to manufacture 50,000 IIoT and AI devices, boosting its production and ESDM capabilities. A small cap Electronic Device Manufacturer is in the spotlight after securing a...
The stock prices of leading companies in the textile and footwear segments rose following the announcement of a proposed GST rate reduction by the Group of Ministers, as investors anticipated positive benefits from the cut. What’s the News? As per the sources, the...
Synopsis: Morgan Stanley has flagged that Bharat Forge and Balkrishna Industries, which derive a significant portion of their revenue from the US market, can face an EBITDA drop by 30% and 10% respectively, triggered mainly by a staggering 50% tariff. The shares of...
Synopsis:Trishakti Industries Limited has strengthened its foothold in the infrastructure and heavy industries sector by securing a major domestic order from Tata Steel Limited. The contract involves the deployment of advanced hydraulic truck-mounted cranes along with...
Synopsis: The U.S. has ended its de minimis tariff exemption, meaning all shipments from India will now incur more duties, increasing costs and competitiveness, while making export management more challenging for Indian exporters. The United States has recently...
Nifty 50 ended at 24,426.85, down 74.05 points (−0.30%), while Bank Nifty closed at 53,655.65, shedding 164.70 points (−0.31%). Sensex finished at 79,809.65, declining 270.92 points (−0.34%). US Markets – Dow Jones Futures: Down 128.89 points (-0.28%) to...
Synopsis: SKM Egg Products Export (India) Limited, a key player in egg product manufacturing and exporter, promoter SKM Shree Shivkumar acquired additional shares through an open market purchase, increasing his stake in the company. The shares of a prominent...
Synopsis: Ravindra Energy’s associate EIM plans Rs. 1,000 crore phased investment in Pune for EV truck & battery plant and R&D centre; Board also approved up to Rs. 500 crore fundraising via QIP. Shares of a company selling solar pumps, setting up solar...
Synopsis: Nalco’s CMD has announced a joint venture with Coal India and NTPC to supply coal for a proposed Rs. 12,000-crore power plant in Odisha. A Navratna company engaged in the manufacturing and sale of alumina and aluminium is in the spotlight after its CMD...
