Nuvama Institutional Equities has initiated coverage on Knowledge Marine & Engineering Works with a ‘Buy’ rating and a target price of Rs 2,500, citing strong maritime sector tailwinds, a robust order book, superior margins, and execution strength across geographies. The brokerage expects sharp growth in revenue and profitability through FY28, supported by government-led infrastructure spending and green tug opportunities.Read More
Indian equities ended lower on Wednesday as thin, pre-holiday trade and foreign investor selling kept sentiment muted. Sensex and Nifty slipped marginally, dragged by oil & gas, pharma and IT stocks. Market activity remained subdued ahead of the Christmas break, mirroring low volumes across global markets.Read More
ASBL, one of the top real estate companies in Hyderabad, hosted the Bengaluru Realty Meet, a strategic engagement series designed to help investors understand the evolving Hyderabad vs Bengaluru landscape within the Indian property sector.Read More
The Indian rupee closed modestly weaker on Wednesday as dollar demand from local corporates and on account of maturing positions in the non-deliverable forward (NDF) market blunted positive cues from gains in most regional peers.Read More
Key stocks in focus on Wednesday included Manappuram, Hindustan Copper, Groww, Websol Energy, IndiGo and Kajaria Ceramics as markets paused their recent winning streak.Read More
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