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Cochin Shipyard shares may remain in focus after the company emerged as the lowest bidder for a Rs 5,000 crore defence contract to build five next-generation survey vessels for the Indian Navy. The order is subject to procedural approvals, even as the stock trades below key averages currently momentum.
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Shares of Texmaco Rail & Engineering are in focus after the company secured two orders totaling Rs 242.63 crore. The larger contract, worth Rs 219.18 crore, comes from Mumbai Railway Vikas Corporation Ltd for designing, supplying, installing, testing, and commissioning signalling systems for a new Mumbai suburban railway line under MUTP-IIIA, with completion scheduled within 36 months.
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Wealth managers are advising investors to take profits on gold and silver after their significant rally, suggesting a cautious approach. While geopolitical tensions and industrial demand fueled the surge, current valuations are considered stretched. New investors are cautioned against large allocations, with SIPs recommended for gradual entry.
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New RBI guidelines effective April 1, 2026, mandate 100% collateral for bank funding to capital market intermediaries, including significant cash margins. This will likely push equity brokers towards bond markets and commercial papers, increasing funding costs and potentially impacting sector profitability and market liquidity.
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