Synopsis: Hospitality stock gained investor attention after approving the acquisition of a 100 percent stake in Kelzai Eco Reserves for Rs 281.88 crore to expand its luxury resort portfolio. The share of this company, which is a premier owner, developer, and asset...
Synopsis: India’s two largest steelmakers opened FY27 on a strong note, with one retaining the production lead while the other posted faster domestic growth, reflecting different operational strengths and business priorities. India’s steel sector began...
Synopsis: Kotak Securities initiated a ‘Sell’ rating on Solar Industries India with a target price of ₹10,300, citing expensive valuations, limited upside, and low margin of safety. Despite strong growth prospects and a projected 28% PAT CAGR, the brokerage believes...
Synopsis: HFCL shares are in focus after the launch of OptiQ AI™, an integrated optical connectivity portfolio for AI, cloud, and hyperscale data centres. The offering includes advanced fibre solutions designed for high bandwidth, faster deployment, improved...
Synopsis: CBIC has expanded customs duty exemptions to cover 85 categories of battery manufacturing machinery, along with key display and smartphone components. The move lowers manufacturing costs, supports domestic capacity expansion, and could benefit companies...
Synopsis: Shares of Antony Waste Handling Cell fell 5% after the company reported a building collapse at its Pimpri Chinchwad Waste-to-Energy plant following heavy rainfall. While rescue operations are underway, the company said it expects no immediate material impact...
Synopsis: BofA Securities Europe SA acquired a 0.58% stake in Knack Packaging Limited for ₹13.34 crore, highlighting strong institutional confidence in the company’s growth prospects. This Newly Listed Stock, engaged in manufacturing flexible packaging products,...
Synopsis: A brokerage has started coverage on Power Mech Projects, highlighting its diversified business, strong execution, healthy order pipeline and long-term growth prospects, supported by India’s expanding infrastructure and power investments. The shares of...
Synopsis: A solar EPC player has compounded revenue at a 66.5% CAGR over the past decade, crossing ₹1,700 crore consolidated revenue in FY26 while strengthening its balance sheet into a net-cash position after listing. Backed by an asset-light model and expanding...
Synopsis: Several leading new-age companies across quick commerce, fintech, fitness, and pharma are gearing up for IPOs in 2026. Their upcoming public issues are expected to attract strong investor interest, backed by expansion plans, improving financials, and...