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Vijay Kedia Stocks Trading at a Discount of Up to 50% From Their 52-Week Highs to Keep an Eye On
Vijay Kedia is a well-known Indian investor and stock market veteran, recognised for his long-term investment approach and ability to identify promising businesses with strong growth potential. He began investing in the stock market at the age of 19 and later founded Kedia Securities in 1992. Kedia is known for his SMILE investment philosophy, ‘Small…
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Borosil Renewables In Focus After Revising Expansion Capex To ₹1,100 Crore & Delaying Timeline
India’s largest solar glass manufacturer, has pushed out the commissioning timeline on its Gujarat furnace expansion beyond what was originally announced. The company points to disruptions from an ongoing overseas conflict as the reason behind both the delay and a higher project cost. Alongside the revised schedule, the board has also reviewed a newly notified…
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Cranex In Focus After Securing Orders Worth ₹7.18 Crore For Cranes & Material Handling Systems
The requirement for the use of heavy machinery and material-handling equipment directly relates to the growth of infrastructure, power generation facilities, and large engineering projects being undertaken. Cranes and lifting machines are essential in moving heavy equipment and materials in construction sites, power plants, and production facilities. The share price of Cranex Ltd closed at…
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Adroit Industries IPO Opens Tomorrow; 7 Key Points Investors Need to Know Before Applying
Adroit Industries (India) Limited is launching its Initial Public Offering (IPO) to raise funds for capital expenditure at its manufacturing facilities, investment in its subsidiary, repayment of borrowings, and general corporate purposes. The IPO totals up to Rs. 150.71 crore, which includes the fresh offer of 98.97 lakh equity shares for Rs. 132.62 crore and…
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Rites Stock In Focus After Electrification Project Cost Revised To ₹154.65 Crore
India’s state-run engineering and consultancy firms occupy an unusual niche: they don’t compete for every project on price the way private contractors do, they’re often simply asked to keep managing work they’ve already been trusted with, sometimes for years, as the scope and cost of that work evolves. Project Management Consultancy contracts, in particular, tend…
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Ceigall India In Focus After Subsidiary Commissions Additional 5 MW Solar Capacity In Maharashtra
The renewable energy sector in India is seeing growth as various states promote access to renewable energy as a mode of clean energy for agriculture and energy during the day. The solar parks that are being set up closer to the distribution stations also provide an added advantage by helping improve decentralization of power supply…
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Z-Tech (India) In Focus As Stock Jumps 8% On Securing UP Forest Department Deal
The diversified civil engineering and environmental services company , best known for its sustainable infrastructure and theme park work, has quietly picked up a new type of government client. The company has been awarded a project tied to a well-regarded botanical garden in Uttar Pradesh, its first engagement with a state Forest Department. Details on…
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ArMee Infotech IPO: From Issue Details to Financials; Here’s What You Need to Know
ArMee Infotech is coming up with its Initial Public Offering (IPO). The company plans to use the proceeds for business expansion, funding working capital, prepayment or repayment of certain outstanding borrowings, and general corporate purposes. The IPO is a book-built issue of Rs. 300.00 crore. The issue is entirely a fresh issue of 80.00 lakh…
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Purple Style Labs In Focus After Approving $7 Million Investment In US Subsidiary
The firm is an omnichannel platform in luxury fashion that runs under the name Pernia’s Pop-Up Shop. The firm sells luxury clothing items, jewelry, and other fashion-related products via digital platforms and experience centers. The shares of Purple Style are currently trading at Rs. 539.55, up by 1.16%. The company has a market capitalization of Rs.…
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Swiggy’s Big Bet: Can its ‘Dineout’ Challenge Zomato’s ‘District’ for India’s Dining Platform Leadership?
India’s dining-out market is becoming an increasingly important opportunity for consumer internet platforms. Restaurant discovery and table reservations are now expanding into a broader “going-out” ecosystem that includes offers, experiences, events and entertainment. This gives platforms an opportunity to increase the frequency with which users engage beyond food delivery. Swiggy is now pushing Dineout beyond…
