Latest posts
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Bharat Bijlee Is Doubling Its Transformer Capacity. Can It Close the Profit Gap?
Bharat Bijlee’s story sits at the intersection of three trends: India’s rising transmission investment, growing demand for transformers, and a company-specific earnings problem. India’s transformation capacity is planned to increase from 1,478 GVA in June 2026 to 2,345 GVA by 2032, while the transmission network is expected to expand from 5.09 lakh circuit km to…
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Orient Cables IPO Opens Today: Price Band set at ₹258–₹272; Key Dates and Details Here
Orient Cables (India) Limited has opened its Rs. 552 crore IPO for public subscription today, September 25, 2026. The price band has been fixed at Rs. 258 to Rs. 272 per equity share, with the IPO scheduled to close on September 29. The shares are proposed to list on the NSE and BSE on October…
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OFSS shares tumble 5% after Oracle sends ‘force majeure’ notice for data centre project. Are AI worries coming true?
Oracle Financial Services Software (OFSS) shares tumbled over 5% after parent company Oracle issued a force majeure notice regarding a massive New Mexico AI data centre project. The development triggered financing concerns across AI infrastructure, sending OFSS stock to a nine-week low of Rs 10,332 on the NSE.
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Ola Electric shares tumble 9% after 17% rally in 4 days. Why brokerages remain cautious
Ola Electric shares fell sharply on Friday, snapping a four-day winning streak as investors assessed the EV maker’s proposed rights issue and ongoing funding needs. Despite a recent recovery, the stock remains well below its peak. Brokerages including Citi and Kotak continue to maintain bearish views, citing operational and cash-burn concerns.
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Welspun Corp shares rise 4% after US subsidiary bags $412.5 million HFIW pipe order
Welspun Corp shares rose after its US subsidiary secured a record $412.5 million HFIW pipe order, lifting its global order book to $4.7 billion and strengthening its US manufacturing footprint.
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Jefferies is bullish on Adani Ports and 5 other logistics sector stocks. How many do you have?
Jefferies has shared an optimistic forecast for six logistics stocks, highlighting anticipated price hikes. Among them, Adani Ports is projected to rise by 20% from its present valuation. TCI Express is notably positioned for a remarkable 59% upside, while both JSW Infrastructure and Delhivery exhibit attractive investment prospects with moderate increases expected. This report reflects…
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Meesho shares can fall 28%, warns Nomura after initiating coverage with Reduce call. Here is why
Shares of Meesho dropped up to 5% to Rs 221 after Nomura initiated coverage with a Reduce rating and a Rs 167 target price, citing a 28% downside risk. The brokerage highlighted valuation concerns, rising competition from quick commerce, and margin headwinds despite liking Meesho’s asset-light model.
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India, Canada aim to conclude CEPA trade pact by end-2026: MEA
India and Canada are working to finalize their economic partnership agreement. Negotiations for the Comprehensive Economic Partnership Agreement are progressing well. Both nations aim to conclude these important talks by the end of 2026. This agreement seeks to liberalize trade and strengthen economic cooperation between the two countries. Prime Minister Modi plans a visit later…
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RBI special windows seen big enough to bring in $100B
India’s new forex inflow programs may attract approximately one hundred billion dollars. These special drives have already mobilized over forty billion dollars in foreign exchange. Experts predict these initiatives could significantly exceed initial mobilization estimates. The Reserve Bank of India introduced these facilities to support the balance of payments. These programs aim to cushion the…
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India-UK CETA takes effect: First zero-duty Indian coffee, jewellery consignments reach UK shores
The India-UK Comprehensive Economic and Trade Agreement has officially come into force. Zero-duty consignments of Indian jewellery and coffee have now landed in the United Kingdom. This landmark pact is expected to significantly boost bilateral trade between the two nations. Businesses anticipate substantial growth and increased market competitiveness following the agreement. The pact aims to…
