Vedanta has close to 20 lakh retail shareholders, or those with authorised share capital of up to ₹2 lakh, who own a 11.25% stake in the mining conglomerate at the end of the March quarter.
With this, Omaxe has expanded its presence in the state of Punjab. The company has an established presence across six cities in the state, including Chandigarh, Ludhiana, Patiala, Derabassi, Amritsar, and Bathinda.
Amit Anwani, Research Analyst at PL Capital Group, pointed out that private companies are playing a significant role in this growth, particularly in defence electronics, vehicles, and missile-related systems.
Brokerage firm Kotak said that NMDC has cut iron ore prices marginally by 2.5% month-on-month in June 2025, with further reductions likely.
On November 27, 2024, Wipro announced the extension of its relationship with Marelli for an additional four years.
The non-institutional investor portion was booked 1.80 times, while the retail individual investor category was subscribed 77%. Meanwhile, the qualified institutional investors segment was booked 10%.
Brokerage firm Morgan Stanley expects a more constructive, volume-led agchem cycle in 2026, which could support stronger asset utilisation and operating leverage-driven margin tailwinds, contrasting with the twin challenges of shaky demand and weak pricing that have defined FY25.
The rise comes as intensifying clashes between Israel and Iran fuel global anxiety, prompting investors to move towards traditional safe-haven assets.
Shiv Puri, Founder and MD of TVF Capital Advisors, notes that certain segments like online recruitment continue to perform well, with some companies successfully diversifying their businesses. He recommends focusing on specific opportunities within these key sectors.
Brokerage firm Citi maintained its “buy” recommendation on IGL, with a price target of ₹250. The brokerage said that the Aam Aadmi Party government’s policy in 2023 had mandated all-electric fleets by 2030, which had dampened IGL’s volume growth prospects…