Latest posts
-
D-Street stocks are breaking long-held supports as selloff deepens
Indian equity markets are experiencing a notable decline, evidenced by the NSE Nifty 50 Index’s continuous fall over seven weeks. The collective market capitalization has taken a hit of approximately $250 billion, alarming investors. Factors such as rising global bond yields, increasing oil prices, and a weakening rupee are creating a turbulent environment, prompting a…
-
PNB LUXURA vs HSBC TravelOne: Unlimited Lounge Access, Travel Rewards – Which Premium Credit Card Offers More Travel Benefits?
Premium credit cards can offer benefits such as travel rewards, airport lounge access, hotel discounts and lifestyle privileges. Among the options available, PNB LUXURA and HSBC TravelOne carry the same ₹4,999 joining fee but differ in annual fees, reward structures and travel benefits. While PNB LUXURA offers unlimited domestic and international lounge access, HSBC TravelOne…
-
Nomura initiates coverage on Allied Blenders with Buy rating, sees up to 20% upside
Nomura has initiated coverage on Allied Blenders & Distillers with a Buy rating and a target price of Rs 850, implying nearly 20% upside. The brokerage sees premiumisation, backward integration and margin expansion as key growth drivers, with EPS expected to grow at a 26% CAGR over FY26–FY29. Execution delays and slower premiumisation remain key…
-
Tata Chemicals, Tata Motors PV, other Tata stocks slide up to 4% as Tata Sons rejig clouds listing prospects
Tata group stocks declined after Tata Trusts proposed restructuring Tata Sons to potentially remove its NBFC and CIC classification, which could allow the holding company to remain private and ease regulatory requirements linked to a listing.
-
Vikram Solar shares rise 3% after securing 400 MW module order from leading EPC company
Vikram Solar shares rose 3% after securing a 400 MW module supply order for decentralised solar projects across Maharashtra. The company will supply 620 Wp N-Type TOPCon G12R modules from October 2026 through March 2027. The order strengthens its presence in agricultural-feeder solarisation and India’s expanding renewable energy infrastructure.
-
Ellenbarrie Industrial Gases shares rise 5% after securing Rs 481 crore order from BHEL
Ellenbarrie Industrial Gases shares rallied 5.10% after the company secured a Rs 481-crore contract from BHEL to build a 1,200 TPD cryogenic Air Separation Unit for its Coal to Ammonium Nitrate Project. The turnkey project will be executed over eight quarters and is expected to be commissioned in FY29, expanding Ellenbarrie’s presence in India’s coal…
-
Nifty Bank crashes 1,800 points in 2 days, slips below 54K for first time in 4 months. What’s next?
Banking stocks have come under heavy pressure, with the Nifty Bank index plunging nearly 1,800 points in two days and slipping below 54,000 for the first time since early June. The selloff has been driven by concerns over potential RBI rate hikes and rising bond yields.
-
German Green Steel IPO Final Day: Subscription Hits 5.39x With GMP At ₹24.5
German Green Steel and Power Limited’s IPO opened on September 25 and closes today, September 29. It is a book-build issue of Rs. 303.90 crore, made up of a fresh issue of 2.09 crore shares worth Rs. 290 crore and an offer for sale of 10 lakh shares worth Rs. 13.90 crore. The price band is…
-
Senior citizen paid ₹9.91 lakh tax on tax-free bond interest by mistake: How he got a refund
A senior citizen from Gurugram mistakenly reported ₹25.42 lakh of tax-exempt bond interest as taxable income, resulting in excess tax of ₹9.91 lakh. After the assessing officer rejected his rectification plea, the ITAT directed that the income be treated as exempt and the refund granted.
-
NCC Secures ₹1,077 Crore Drinking Water Supply Project from Andhra Pradesh Government
The company is an infrastructure company engaged in turnkey EPC contracts and BOT projects across various infrastructure segments. Its operations cover buildings, transportation, water and environment, electrical transmission and distribution, mining, irrigation and railways. According to Screener, construction accounted for around 99% of its business in Q1 FY27. The shares of NCC are currently trading at…
