Bharat Electronics receives fresh orders worth ₹569 crore
Bharat Electronics Limited secured ₹569 crore in new orders for defence and non-defence products. Shares of BEL ended 1.23% higher at ₹393.55 on the NSE today, December 12.
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Coforge’s Encora deal draws caution amid weak IT growth outlook, say fund managers
Sandip Agarwal, Fund Manager at Sowilo Investment Managers and Bhavin Shah, Founder CIO & CEO of Sameeksha Capital flag high valuation and execution risks in Coforge’s Encora acquisition, warning of limited near-term upside amid a slowing Indian IT sector and…
Quantum Advisors raises IT exposure, cuts metals and autos on valuation concerns
Quantum Advisors’ Portfolio Manager Nilesh Shetty expects a selective market in 2026, favouring undervalued large-cap IT stocks and private sector banks. He sees easing valuation pressure after earnings growth, expects FII outflows to reverse, and remains cautious on metals, autos,…
Honasa Consumer promoter Varun Alagh picks up ₹50 crore shares in block deal
Following this purchase, Varun Alagh’s total shareholding in Honasa Consumer has increased to 10.56 crore equity shares, which now constitutes 32.45% of the company’s total share capital.
Muthoot Microfin’s individual loan AUM crosses ₹1,000 crore; total assets exceed ₹13,000 crore
Muthoot Microfin’s individual loan AUM crossed ₹1,000 crore, with total AUM over ₹13,000 crore, serving 3.36 million customers across 1,718 branches in 21 states and Union Territories.
Spandana Sphoorty transfers ₹494 crore stressed loans to ARC under Swiss Challenge route
Spandana Sphoorty Financial has approved the transfer of ₹493.55 crore worth of stressed and written-off loans to an asset reconstruction company.
Silver in classic bubble, risks sharp fall, warns Pace 360 strategist
Amit Goel, Co-founder and Chief Global Strategist at PACE 360, said silver has immediate support in the $70–71 range and could trade between $70 and $84 for the next couple of weeks before any further breakout.
Markets end lower ahead of Dec series expiry; Nifty slips below 26,000
Equity benchmarks ended lower ahead of the December expiry, with broad-based selling dragging Nifty below 26,000, even as select financials and FMCG stocks offered limited support.
Hindustan Zinc shares snap four-day gaining streak, mirror silver price decline after new 52-week high
Vedanta’s subsidiary Hindustan Zinc is the only listed Silver play in India. Promoter Vedanta still owns 61.9% stake in the company at the end of the September quarter. At the highs of the day, the stock had a market capitalisation…
F&O Changes: These eight stocks should be on your radar on Tuesday and Wednesday
Four stocks will exit, and four new stocks will enter the futures and options (F&O) segment starting December 31, which will mark the commencement of the January series. While HFCL, NCC, Titagarh and Cyient will exit the F&O space, Swiggy,…