Brokerage firm Nirmal Bang in its note had mentioned that defence stocks have surged in the recent past due to heightened emphasis on indigenisation and Atmanirbhar Bharat initiatives.
Gold prices slipped to a two-week low as ceasefire hopes between Iran and Israel reduced safe-haven demand. Domestic rates also eased, though long-term investor interest remains strong.
JSPL shares have corrected 16% from their 52-week high of ₹1,081, which it had hit in June last year. Nuvama believes the recent correction, driven by seasonal weakness, presents a buying opportunity.
While the stock appears expensive by most valuation metrics, CLSA sees the post-listing underperformance as overdone, especially given the company’s strong brand equity.
Kolkata-based Ellenbarrie Industrial Gases has garnered ₹255.76 crore from anchor investors ahead of its IPO. Some of the marquee institutions that participated in the anchor round include Nippon India MF, HDFC MF, Axis MF, HDFC Life Insurance Company, Tata MF,…
Real estate developer Kalpataru competes with listed entities such as Oberoi Realty, Lodha Developers, Godrej Properties, Keystone Realtors, Prestige Estates Projects, Sunteck Realty, and Mahindra Lifespace Developers.
EPC company Globe Civil Projects is seeking a valuation of ₹424 crore, and plans to utilise IPO proceeds for working capital requirement, and purchase of construction equipment or machineries.
KPIT Technologies expects to consolidate the revenues of the acquired business beginning Q2FY26. This consolidation is estimated to contribute approximately 4% revenue growth in FY26 over FY25.
Huang is the world’s 12th richest person with a $126 billion fortune, which is almost entirely made up of Nvidia shares, according to the Bloomberg Billionaires Index. The CEO has sold more than $1.9 billion in Nvidia stock, according to…
As per the March quarter shareholding pattern, Motilal Oswal Nifty Midcap 100 ETF had a 2.24% stake in the company.