Synopsis: Baheti Recycling Industries has strengthened its market position with a high-value aluminium supply order from ArcelorMittal Nippon Steel India, backed by robust operational capacity and IATF certification. A specialty metals stock edged higher following...
Synopsis: The trust, India’s first power-sector InvIT, manages extensive transmission and solar assets, showing modest revenue growth but a profit decline. Strategic acquisitions, greenfield projects, and disciplined capital allocation aim to sustain predictable...
Synopsis: Hindustan Copper secured a 20-year lease extension for Rakha Mine, a vital step toward reopening and expanding one of its key assets to boost India’s domestic copper production. During Monday’s trading session, shares of the first Indian PSU and only...
Synopsis: The India Shrimp Tariff Act, introduced by US Senators Bill Cassidy and Cindy Hyde-Smith, aims to protect Louisiana’s shrimp and catfish industries from the impact of cheap Indian shrimp imports. Shrimp stocks like Avanti Feeds and Apex Frozen fell up to 3%...
Synopsis: Shree Refrigerations Ltd shares rose over 19% after the company secured two domestic work orders worth Rs. 23.75 crore. A micro-cap company that is a defence-focused manufacturer of advanced refrigeration and HVAC systems, is in the spotlight today after...
Synopsis: Kfin Technologies is in focus after its promoter entity, General Atlantic, may sell a 10-15 percent stake in the company via a block deal. This deal may be done at a 5-8 percent discount. It currently holds a 22.9 percent stake in the company. The shares of...
Synopsis: NBCC India Limited has entered into a Memorandum of Understanding with Housing and Urban Development Corporation Limited for a total consideration of Rs.117 crore. The shares of the construction company jumped 5 percent after signing an MOU with the Housing...
Synopsis: Shankara Building Products will demerge its core retail and trading business into Shankara During Monday’s trading session, shares of one of India’s leading building materials marketplaces are in focus on the stock exchanges, following the announcement of...
Synopsis: The chemical sector is set to benefit from DGFT’s recommendation of anti-dumping duties on PTFE imports from China and Russia. The move follows an investigation confirming that dumped imports caused price undercutting, suppressed domestic prices, and reduced...
Nifty 50 closed at 25,203.75, down by 121.30 points (-0.48%). Bank Nifty closed at 55,308.05, down by 151.70 points (-0.28%). Sensex closed at 82,187.49, down by 438.73 points (-0.53%). Midcap and smallcap indices slipped 0.5% each, with IT stocks dragging markets as...
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