Waaree Energies shares are in focus after a robust March quarter and full-year performance. The company reported significant revenue and profit growth. Strategic investments in polysilicon and expansion of module and ingot facilities are underway. Waaree also announced a new glass manufacturing unit. The company has guided for strong EBITDA in FY27, signaling continued growth and value chain integration.Read More
India’s rupee faces sustained pressure as weak capital inflows and elevated oil prices strain the balance of payments. Despite RBI intervention, deficits are expected to widen for a third year, limiting policy flexibility. Analysts foresee further depreciation, with forecasts pointing to continued weakness amid global outflows and persistent external vulnerabilities.Read More
Five stocks from the Nifty 500 universe closed over 1% above their VWAP on April 29, indicating strong intraday buying and improving market sentiment. A close above VWAP reflects price strength during the session and is considered a short-term bullish signal, suggesting sustained accumulation and the potential for continued upward momentum.Read More
Larsen & Toubro will sell its stake in L&T Metro Rail Hyderabad. The deal is valued at Rs 1,461.47 crore. This transaction will make L&T Metro Rail Hyderabad no longer a subsidiary. The sale is expected to conclude by June 30. Hyderabad Metro Rail Limited will refinance the existing debt. L&T’s corporate guarantee will be released upon completion.Read More
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