Confidence Petroleum wins LPG bottling contracts from oil PSUs but stock slips 7%

Confidence Petroleum has secured long-term LPG bottling assistance contracts from BPCL, HPCL, and IOCL, amounting to ₹42.09 crore.

Confidence Petroleum has secured long-term LPG bottling assistance contracts from BPCL, HPCL, and IOCL, amounting to ₹42.09 crore.

Amitabh Malhotra, Vice Chairman of Investment Banking at HSBC India, expects a shift toward more OFS-led IPOs in 2026, especially as promoters and private equity players look to recycle capital for other investments.

Kolkata-based Crizac is a B2B education platform for agents and global institutions, which offers international student recruitment solutions to global institutions of higher education in the UK, Ireland, Canada, Australia and New Zealand.

Wakefit may also consider a pre-IPO placement, in consultation with the BRLMs, prior to filing the red herring prospectus with the RoC. If undertaken, the size of the fresh issue will be reduced accordingly.

Kapil Singh, Auto Equity Research Analyst at Nomura India, said around 85% of India’s two-wheeler market is made up of bikes below 125cc, where buyers tend to be highly price-sensitive.

Of the 33 analysts tracking Dixon Tech, 19 of them have a ‘Buy’ recommendation, five of them say ‘Hold’, and nine others have a ‘Sell’ rating on the stock.

Brokerage firm ICICI Securities recently met with the management of Petronet LNG and believes that the company’s prospects are set to gradually improve over FY26-28.

The move is intended to help the bank maintain its majority shareholding in the subsidiary, particularly in the event of stock-based compensation granted by the company. The acquisition is subject to regulatory approvals.

Krishna Sanghavi, CIO-Equities at Mahindra Manulife Investment Management, believes banks and NBFCs will see strong earnings growth in FY27, as liabilities would have already repriced and credit growth is expected to return, putting both segments in a favourable position.

This development adds to a series of regulatory milestones for the joint venture between Jio Financial Services and BlackRock. Earlier this month, Jio BlackRock Investment Advisers Private Limited (JBIAPL), the advisory arm of the venture, also received SEBI approval to…