Carysil shares can surge 33%, says Anand Rathi after strong Q2 result

Carysil’s revenue rose 16% YoY to ₹240 crore, and EBITDA increased 24% YoY to ₹46 crore in Q2.

Carysil’s revenue rose 16% YoY to ₹240 crore, and EBITDA increased 24% YoY to ₹46 crore in Q2.

Reliance Industries’ current refining strength has the potential to drive further upgrades, JPMorgan said in its note.

Equirus Capital’s Vijay Agarwal noted that labour expenses are not a pass-through in contracts, so companies will absorb the increase. Contract labour dynamics will remain unchanged, with PF compliance already in place and social security numbers helping workers retain benefits…

Earlier this month, Zen Tech had won two orders, collectively worth ₹289 crore, from the ministry for the upgradation of its anti-drone systems (ADS). The projects are to be completed within a year.

Around 2.05 lakh shares changed hands at an average traded price of ₹7,014 per share.

RateGain Travel Technologies partners with Arpón Enterprise to integrate UNO Channel Manager and ArpónWin Surfing PMS, aiming to boost hotel revenue and streamline operations with AI-driven solutions.

The reported shift comes two years after the international body had characterised India’s FX management regime to ”stabilised arrangement” from ”floating” in December 2023.

Mark Matthews of Bank Julius Baer views Google as a potential long-term leader in AI, noting its rapid progress with Gemini and its integrated strategy across chips, Search and YouTube. On India, he said recent underperformance was driven by foreign…

The recent negative developments around PVC prices are primarily linked to supply glut, weak demand, which has led to price declines and inventory losses.

In the domestic market, 24-karat gold traded at ₹12,704 per gram, while 22-karat gold stood at ₹11,645 per gram. Silver was quoted at ₹162.90 per gram, or ₹1.62 lakh per kilogram.