The Indian rupee opened weaker against the US dollar on March 13, down 16 paise to 92.35 per dollar. High global oil prices and geopolitical tensions are key factors.
Balaji Amines said some of its key raw material suppliers have invoked the force majeure clause amid the ongoing geopolitical tensions, according to a regulatory filing.
For financial year 2026, PG Electroplast has a revenue guidance of ₹5,700 crore to ₹5,800 crore, implying a growth of 17% to 19% over financial year 2025.
UBS has also added ABB India to its Asia-Pacific key call list, citing an improving risk-reward profile supported by both structural and cyclical growth drivers.
The 220 basis points have been allocated to Bajaj Finance, whose exposure has been increased by 160 basis points to 480 basis points, and to Eternal, whose allocation has also been increased by 60 basis points to 210 basis points.
The company said it has entered a five-year supply agreement with a customer to supply high-quality, high-fibre-count optical fiber cables, via its overseas wholly-owned subsidiary.
PG Electroplast has lost nearly a week of AC production due to LPG shortages at its plants, Managing Director Vikas Gupta said. Three of the company’s four AC manufacturing units faced disruptions for several days, hitting output during March, a…
Nilesh Shah, Founder of Envision Capital, said market valuations have corrected to historical averages, creating opportunities despite negative global news flow. Several mid- and small-cap stocks now trade at 12–14 times earnings while still growing around 20%. He also remains…
Mirae Asset Financial Services (India) merged with Mirae Asset Sharekhan Financial Services on March 11, enhancing their digital retail and high-value secured lending solutions.
Nearly 40% of Rashtriya Metal Industries’ revenue comes from exports to key international markets, including the UAE, the US, Thailand, Sri Lanka, Kenya, Indonesia, Oman and Saudi Arabia.