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Despite a 27% decline in 2025, Anand Rathi sees Premier Energis as a strong buy, projecting 37% upside. Growth is driven by high-efficiency solar lines, plant consolidation, technology upgrades, and diversification into inverters and storage. Robust execution, R&D, and sector tailwinds support revenue and margin expansion.
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The Indian rupee slid to a record low on Monday, pressured by maturing non-deliverable forward positions alongside a persistent bearish pall on the currency as India remains the among the few major economies without a trade deal with U.S.
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India’s robust 8.2% Q2 GDP growth initially propelled markets to record highs, with the Nifty and Sensex touching new peaks. However, a late pullback, led by pharma and financial stocks, saw indices close with marginal losses. Despite the dip, auto and IT sectors provided some support, with HDFC Bank and Bajaj Finance being notable decliners.
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Top 10 NSE Midcap stocks with PE ratios below their industry averages, including LIC Housing Finance, Bank of India, Hindustan Petroleum, ACC, and Petronet LNG, may signal potential undervaluation or growth concerns.
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Tata Motors’ commercial vehicle business surged on strong November sales, posting 29% YoY growth driven by broad-based domestic and export demand. Robust Q2 performance and expectations of continued momentum in construction, infrastructure and mining sectors boosted investor sentiment.
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Elon Musk told Zerodha’s Nikhil Kamath that AI and robotics will drive nearly all future economic value, with companies leading these technologies set to dominate in the long term. Asked which firms beyond his own are best positioned, Musk highlighted Google for its foundational AI work and Nvidia for its crucial role in powering the...
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The Indian Rupee hit a record low of 89.73/$ in early December, despite strong 8.2% GDP growth in Q2 FY26. Weak FPI inflows, rising imports, trade deal uncertainty, and global risk sentiment have driven depreciation. Analysts expect INR to trade with a downward bias in the near term.
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Veteran investor Manish Sonthalia views the current mid- and small-cap stock correction as a prime accumulation phase, comparing it to the post-Covid crash opportunity. He advises investors to carefully select IPOs and focus on rate-sensitive sectors, IT, capital markets, and bullion, while avoiding overvalued capital goods, railways, and defense stocks.
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The US FDA has accepted Wockhardt’s New Drug Application for Zaynich, its first-in-class antibiotic. This marks the first-ever acceptance of an NDA for a New Chemical Entity from an Indian pharma company, representing a major regulatory breakthrough.
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Temasek-backed Atomberg Technologies is reportedly considering a Mumbai IPO to raise approximately $200 million. The Indian consumer electronics firm, also backed by Steadview Capital and Jungle Ventures, is in early discussions with investment banks. This potential listing, which could include new shares and secondary sales, is anticipated as early as next year, capitalizing on India’s...
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