How global and domestic cues are shaping gold and silver prices
On the Multi Commodity Exchange (MCX), gold hovered around ₹1.30 lakh per 10 grams, with 24 carat, 22 carat, and 18 carat variants showing limited movement.
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PTC Industries shares rise 4% as subsidiary signs multi-year deal with Honeywell for aerospace castings
Aerolloy Technologies signs a long-term supply deal with Honeywell Aerospace Technologies for titanium and superalloy castings, boosting PTC Industries and strengthening India in global aerospace.
IREDA shares fall to a new low as stock correct nearly 60% from its peak
IREDA had issued shares at a price of ₹165.14 as part of its QIP in June, through which it had raised ₹2,000 crore. The stock is trading below those levels.
Old Bridge’s Kenneth Andrade sees capex themes, pharma, and autos gaining strength
Kenneth Andrade, CIO of Old Bridge Mutual Fund, is focusing on capex-driven sectors including pharmaceuticals, automotive and metals, while staying selective on IT services and holding back on new-age tech due to valuations. Andrade continues to prefer companies with strong…
Nomura sees marginal growth pickup in Indian IT in FY27; mid-caps to outpace large caps
Abhishek Bhandari, Executive Director–Tech & Internet at Nomura India, said that as large global cloud companies move to monetise their massive AI investments, spending will rise at the application layer, creating fresh opportunities for Indian IT services firms.
Adani Ports partners with Motherson to establish auto export facility at Dighi Port
Motherson and Adani Ports partner to set up an automobile export facility at Dighi Port, Maharashtra, aiming to handle 2,00,000 cars annually and boost India’s automotive supply chain.
Nvidia partner Foxconn’s sales soar in sign AI demand persists
The Taiwanese electronics producer still depends on Apple Inc. for a sizable portion of its revenue, assembling the iPhone and other marquee products for the US company.
Oil and gas margins to stay under pressure as costs rise and rupee weakens: ICICI Securities
Probal Sen of ICICI Securities says gas distributors face margin pressure from rising costs and a weak rupee, while Reliance Industries remains better positioned with strong refining margins and an S&P rating upgrade.
Waaree Energies shares fall 4% despite US arm securing 288 MW module supply deal
Waaree Energies Ltd.’s stock fell nearly 4% despite its US arm securing a 288 MW solar module order, adding to the recent pipeline of deals from domestic as well as international entities. Q2 profit surged 130% to ₹871 crore, but…
AMFI Rejig: Muthoot Fin, LG India set to enter ‘largecap’ category; REC, Bajaj Housing may see downgrade
Based on the current classification, the 1st to the 100th company based on their six-month average market cap are categorized as largecap companies, companies from the 101st position till the 250th place are midcaps, while the 251st company onwards are…