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Avalon Tech shares fall 6% after Rs 883 crore block deal; 3 promoter entities likely sellers
Avalon Technologies shares sharply on Wednesday after an Rs 883 crore block deal involving 6.06% of the company’s equity. Three promoter entities were reported to be the likely sellers. The transaction is estimated to be worth between Rs 861.9 crore and Rs 922 crore.
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KSB shares rally 7% after securing Rs 118 crore export order for boiler feed pumps
KSB shares gained 7% after the company secured a $12.4-million export order from Dangote Projects Free Zone Enterprise for 18 boiler feed pump packages.
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STL Networks Emerges as L1 Bidder for ₹250 Crore RailTel Cloud Infrastructure Project
The company provides digital infrastructure and technology solutions, with capabilities across data centres, cloud infrastructure, networking and related IT services. The company focuses on delivering technology infrastructure for enterprises and government organisations. The shares of STL Networks are currently trading at Rs. 51.46 , up by 4.04%. The company has a market capitalization of Rs.…
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Molbio Diagnostics shares rally 9% as Jefferies initiates ‘high conviction top pick’ call for recently listed stock. Why is it bullish?
Molbio Diagnostics shares jumped after Jefferies initiated coverage with a Buy rating and named it a high-conviction top pick. The brokerage set a Rs 1,600 target price, implying 27% upside from Tuesday’s close and nearly 98% above its Rs 807 IPO price. The stock had listed at a 21% premium at Rs 980.
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Mahindra Manulife Mutual Fund debuts in SIF segment with an equity long-short fund
Mahindra Manulife Mutual Fund has launched the MSIF Equity Long-Short Fund under its specialised investment fund platform. The fund, aiming for long-term capital appreciation, will invest in listed equities while employing short positions through derivatives.
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8th Pay Commission: Shamli pensioners’ 12 demands include coverage for retirees before 1 Jan 2026
8th Pay Commission: Pensioners in Uttar Pradesh have sought inclusion of those who retired before 1 January 2026, along with a pension revision, 18 months of DA/DR arrears, restoration of the old pension system and other benefits.
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SBI FD Offers Up to 7.05% Interest: ₹10 Lakh Can Grow to ₹20.11 Lakh in 10 Years – Check Details
SBI Fixed Deposit is a popular fixed-income option for individuals looking to earn predictable returns on a lump-sum investment. The State Bank of India offers FD tenures ranging from 7 days to 10 years, with different interest rates for general customers and senior citizens. Investors can choose between maturity and periodic interest payouts, while eligible…
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Cupid, Sterlite Tech among 10 smallcap stocks set for sharp fund flows after Nifty rejig. See full list
Here are 10 small-cap stocks that could see the sharpest inflows and outflows.
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Can Steel Stocks Extend Their Rally? Tata Steel, JSW Steel and Jindal Steel in Focus as China and HRC Prices Hold the Key
The Indian steel industry is regaining investors’ focus, driven by continued strength in domestic HRC prices and improving steel spreads. On the other hand, the external environment, including steel prices from China, discipline and cost of coking coal, is giving out conflicting signals. With major steel companies including Tata Steel, JSW Steel, Jindal Steel and…
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Pidilite to Solar Industries: 10 Chemical Stocks Leading the Nifty Chemicals Index; Check the List
The Nifty Chemicals Index tracks the performance of companies from the Nifty 500 that belong to the chemicals sector. It selects the top 20 eligible stocks based on their six-month average free-float market capitalisation, with preference given to stocks available for trading in the NSE derivatives segment. The index is free-float market-cap weighted, meaning companies…