Latest posts
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5 Stocks Likely to Benefit After Government Cuts Edible Oil Import Duties
The government has reduced import duties on major edible oils at a time when domestic vegetable-oil prices have increased by nearly 20% over the past year. The timing is significant as India enters the September-November festive period, when demand for edible oils generally rises with higher consumption of sweets, snacks and fried foods. India meets…
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NSE draws brokerage attention on stock market debut as 3 firms initiate coverage on Day 1
NSE shares rallied after a muted listing at Rs 1,800, pushing the exchange into India’s ninth-most valued company with a market cap of Rs 4.63 lakh crore. The post-listing surge came as three major brokerages initiated coverage on Day 1 with positive ratings. Macquarie called NSE “The Dominator” and assigned an Outperform rating with a…
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Infra Major Ashoka Buildcon Expands Power Portfolio With Sakoli Transmission SPV Acquisition
India’s power grid is going through its biggest rebuild in a generation. Renewable capacity is being added faster than the wires that carry it, and the government has been handing transmission projects to private developers through competitive bidding to close that gap. For infrastructure companies, this opens a new lane.They no longer only build for…
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Stocks to buy: UBS picks 4 NBFC shares with upside potential of up to 36%
UBS anticipates a robust cycle of unsecured credit growth in India, primarily fueled by personal loans. The brokerage emphasizes the strong asset quality in banks and non-banking financial companies (NBFCs), coupled with sufficient liquidity in the system. Investors might consider four recommended NBFC stocks, like Shriram Finance and Poonawalla Fincorp, as they promise substantial upside…
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Insurance Stocks Crash After IRDAI Distribution Reforms: What Do Lower Commissions Mean for PB Fintech, HDFC Life and Others?
India’s insurance sector is seeing growing focus on distribution costs, commissions and the role of intermediaries in selling policies. Any changes to these rules can affect how insurers, brokers, banks and digital insurance platforms earn from policy distribution. Against this backdrop, the latest regulatory proposals have drawn significant attention across insurance-linked stocks. With a market…
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Exide Industries In Focus After Subsidiary Commissions 6 GWh Lithium-Ion Cell Plant in Bengaluru
It is a battery manufacturing firm that works both in automotive and industrial sectors in India. This firm manufactures and markets lead acid batteries which are used in the automotive sector, power, telecommunications, infrastructure, UPS, railway, mining, and defence industries with sales to over 70 countries. The shares of Exide Industries are currently trading at Rs.…
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Why Did Augmont’s Q1 Profit Fall Despite Digital Gold Surging 120% and Revenue Rising 30%?
The shares of this small cap company majorly engaged in operates one of India’s largest gold and silver ecosystems, supporting high‑volume transactions through technology, supply chains, and institutional- grade processes, were in focus after its revenue jumped by 30% With the market capitalization of Rs. 8,041 Crores, the shares of Augmont Enterprises Ltd were trading at…
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Avantel shares rise 9% after Rs 177 crore satellite communication order from Zetwerk
Avantel shares jumped over 8% on Thursday after securing a Rs 177.35 crore purchase order from Zetwerk Manufacturing Businesses for satellite communication equipment. Scheduled for execution by March 2027, the domestic manufacturing contract boosts revenue visibility for the telecom and defence electronics manufacturer following robust Q1 FY27 results.
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Mumbai tenant gets flats worth ₹1.38 cr after surrendering tenancy rights; receives tax notice — ITAT grants relief
Manoj Devshi Chhadva, a tenant in a Mumbai housing society, received two flats valued at ₹1.38 crore for surrendering his tenancy rights. He got a tax notice and later challenged it. Here’s why he won the case.
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Power Grid In Focus As Company Takes 100% Control Of Barmer HVDC Transmission
India’s flagship power transmission utility has locked in another piece of the country’s renewable evacuation network, taking full control of a Rajasthan-linked project company after a competitive bidding win. The underlying project runs across three states and uses a transmission format that isn’t exactly routine. The price tag attached to the deal is modest, almost…
