Bluspring Enterprises said its step-down subsidiary has secured a ₹2,049.8 crore operations and maintenance contract from BALCO, with the stock rallying over 17% during Friday’s trade.
The brokerage has a “buy” rating on the M&M stock with a price target of ₹4,580 per share, an upside of 52% from its previous closing price.
Goldman Sachs Bank Europe SE acquired 1.13 crore equity shares, representing a 0.18% stake in the company, at a transaction value of ₹210.4 crore. The shares were purchased from Friale Fund IV LLC at a price of ₹185.50 apiece.
Gautam Shah, Founder of Goldilocks Global Research, sees the Nifty remaining range-bound between 23,150 and 24,000, while forecasting the small-cap index could rise to 20,000. Shah also believes Indian IT stocks are nearing a bottom and that PSU stocks could…
Tejas Desai, Partner & Tax Financial Services Leader at EY India believes the move will make Indian bonds more attractive to overseas investors. He also highlighted higher investment limits for NRIs and OCIs and measures to simplify foreign investment, though…
Coal India has put an all-time high 35 million tonne of coal on offer for sponge iron producers and relaxed rules for steel companies as it looks to boost domestic coal availability and reduce import dependence.
Caterpillar shares hit record highs, up 61% YTD and 165% in 12 months, with strong demand and AI infrastructure tailwinds supporting bullish technical targets.
While CLSA and HSBC have “outperform” and “buy” ratings on Titan, Jefferies has a “hold” recommendation and see up to 24% upside from its previous close.
RBI will bear full hedging cost on fresh 3-5 year FCNR(B) deposits till September 30 2026 to boost stable foreign currency inflows.
Currently, Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) have specific, streamlined routes to invest in Indian equity markets without needing a full SEBI registration.