Hyundai Motor India’s stock is performing well due to GST reforms and festive sales. Shares hit a record high, and analysts predict further growth. Nomura expects India to contribute significantly to Hyundai’s global sales by 2030. Capacity expansion is underway with a new Pune facility. The company plans new EV and hybrid models.Read More

PhonePe, the Walmart-backed Indian fintech giant, has confidentially filed for an IPO, aiming to raise approximately Rs 12,000 crore ($1.35 billion). The UPI-based payment app boasts over 600 million registered users and processes over 310 million daily transactions. Ahead of the IPO, PhonePe reported narrowed losses to 17.2 billion rupees with a 40% surge in...Read More

Indian REITs offer attractive yields, surpassing those in mature markets, making them appealing to investors. The real estate market is projected to grow significantly, driven by urbanization and infrastructure investment. While Gen Z favors rentals for flexibility, Millennials aspire to homeownership, carefully timing their purchases amidst rising costs.Read More

Rajesh Palviya of Axis Securities anticipates a consumption boost from upcoming GST rationalization, benefiting companies like Dabur, Marico, and Trent. He suggests that Nifty is poised for an all-time high, driven by domestic sectors such as real estate, BFSI, and automobiles. Palviya also advises a cautious approach to IT stocks due to H-1B visa concerns.Read More

Atlanta Electricals IPO has seen strong investor interest, with Day 2 subscription at 3.07 times and a 13% grey market premium. Analysts recommend a “Subscribe – Long Term” rating, citing a robust order book, healthy margins, and growth potential in India’s transformer and power infrastructure sector.Read More

Dilip Buildcon shares: Dilip Buildcon has emerged as the lowest bidder (L-1) for a ₹1,115 crore industrial corridor project in Kerala. The contract, awarded by the Kerala Industrial Corridor Development Corporation, includes design, construction, and O&M of infrastructure at Pudussery Central and Kannambra in Palakkad.Read More

Billionaires Mukesh Ambani and Gautam Adani are in a high-stakes battle to lead India’s new energy sector. Both Reliance Industries and Reliance Industries are investing heavily in renewable energy projects located in Gujarat’s Rann of Kutch. Reliance focuses on manufacturing. Adani leads in renewable power sales. The winner will likely dominate India’s renewable energy landscape.Read More

Torrent Power has acquired Newzone India and Newzone Power Projects for ₹211 crore, gaining control of 922 acres in Madhya Pradesh earmarked for a thermal power project. While both companies have reported no recent turnover, this acquisition expands Torrent Power’s land holdings for potential power generation. The company’s Q1 results showed a decline, with net...Read More

Post ContentRead More

When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.Read More