Micro-cap chemical stock is in focus after it jumped up to 17% after announcing its Q3FY25 results, with robust growth in its QoQ revenue and net profit. Share Price Movement With a market capitalization of ₹908 Cr, the stock of Bhageria Industries opened at 199 up 9% from yesterday’s close, and after opening, it made [...]
The Union Cabinet is likely to approve the National Critical Mineral Mission (CMM) worth Rs. 18,000 crore as per sources. The aim is to boost domestic production, reduce import dependence, and encourage offshore mining auctions. Union Minister G Kishan Reddy highlighted the collaboration between public and private sectors and underlined India's first offshore mineral auction [...]
The consumer electrical sector in India is witnessing significant growth, driven by rising disposable incomes and an increasing demand for convenience-driven solutions. As urbanization expands, there’s a growing adoption of energy-efficient home appliances, smart devices, and automated systems. Additionally, the wires and cables segment, crucial for electrification and infrastructure development, is seeing a surge in [...]
Investors anxiously anticipate the second-quarter earnings figures, which are due to be revealed next week. Analysts analyze organizations' financial performance to predict market reactions based on sales, profit, and strategic outlooks. The findings will certainly impact market sentiment and investment decisions in the future. Here are the 6 companies that are set to publish quarterly [...]
Ahead of the 2025-2026 Union Budget, India's defence sector anticipates continued emphasis on self-reliance and modernization, building on initiatives like the Defence Production Policy and import embargoes on foreign defence equipment. With a projected defence spending increase to $415.9 billion by 2029, the government is focusing on fostering domestic manufacturing, encouraging private sector participation, and [...]
As of 2024, India had over 1,46,126 km of national highways, with thousands of kilometers added annually under government initiatives like Bharatmala Pariyojana. Companies involved in this sector are key contributors to economic development. Some leading highway builders, responsible for constructing major expressways and highways, are currently trading below their three-year average P/E ratio. Listed [...]
Shares of India’s one of the leading Heat exchanger companies with a robust customer base consisting of Voltas, Daikin, Blue Star, and many more in focus after Ace Investor Mukul Agrawal made a fresh investment in it considering its potential. Price Action With a market capitalization of Rs. 5,380 Crores, the shares of KRN Heat [...]
BlackRock views India as well-positioned for long-term growth, driven by emerging macro trends and the ability to navigate the US-China competition. Vivek Paul, Global Head of Portfolio Research and UK Chief Investment Strategist at BlackRock Investment Institute, highlights India’s strong growth prospects, which can support higher price-to-earnings (PE) ratios. Although current PE ratios for large-cap [...]
The FM Nirmala Sitaraman announced a new center of excellence in artificial intelligence for education with a total outlay of ₹ 500 crore. In 2023, FM made a similar announcement with three centers of excellence in AI for agriculture, healthcare, and sustainability. This push by the government to merge AI with several other sectors comes [...]
The railway sector had anticipated an 18 to 20 percent increase in budgetary allocation, but stocks fell by up to 11 percent after Finance Minister Nirmala Sitharaman did not mention any major reforms for the sector in this year's budget. Following this, there was a high expectation for this year's Railway Budget as they performed [...]
