Synopsis: Narmada Macplast Drip Irrigation Systems is in focus after the company announced the approval of issuing bonus shares in the ratio 1:1 and stock split in the ratio of 1:5. The shares of this water management company are in focus after its board considered...
Synopsis:The company acquired Unitronics through its subsidiary, ILJIN Electronics (India) Private Limited, for NIS(New Israeli Sheqel) 156 million. The company, engaged in consumer durables, electronics, railway sub-systems, and defence, is in focus after acquiring...
Synopsis: Supreme Power received a ₹4.48 crore order from TNPDCL via Danya Electric, showing its strong growth in the transformer manufacturing sector. This micro-cap transformer stock, engaged in manufacturing and supplying high-quality oil-filled power transformers,...
Nifty 50 ended the session at 24,680.90, declining 156.10 points or 0.63%. Bank Nifty ended the session at 56,084.90, declining 444.00 points or 0.79%. Sensex also ended lower at 80,870.48, declining 592.61 points or 0.73%. Global Markets Alibaba plans to launch...
Synopsis: Shares of a leading solar cell and module maker dipped 4% despite strong Q1 results, with profit surging 56% YoY and revenue rising 10%. Analysts remained cautious due to limited export exposure and a modest downside target. The shares of a prominent...
Synopsis: Kotak Mahindra Bank’s Q1FY26 net profit decreased 7.6 percent QoQ and 6.76 percent YoY as a result of higher credit costs and declining margins. Brokerages are mixed despite the poor results; some anticipate improvement in the upcoming quarters, while...
Synopsis: OBSC Perfection is in focus after the company secured an export order worth Rs 2.70 crore from an Israel-based defence company, making it the first export order catering to the defence industry. With a market capitalisation of Rs 712 crores, the shares of...
Synopsis: TCS is in focus after announcing its largest-ever layoff of 12,261 employees amid AI disruptions and global headwinds, with analysts offering mixed views on its future outlook. A large-cap IT stock is in the spotlight today following reports of workforce...
Synopsis: Balkrishna Industries targets Rs. 23,000 crore revenue by FY2030, driven by expansion in off-highway tires, carbon black, and new categories. A leading global manufacturer of off-highway tires is on track for significant expansion. This article details the...
Synopsis: Shares surged 2% after winning a ₹33.99 crore railway electrification order, reflecting strong business momentum. With revenue and profit doubling in H2FY25 and low debt, the stock appears undervalued compared to industry peers, signaling positive investor...
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