Dilip Buildcon Shares Rally 4% as Lowest Bidder for Rs 702 Crore Gujarat Flood Control Project
Dilip Buildcon was named the lowest bidder (L‑1) for Gujarat's ₹702 crore flood‑control project on the Narmada River. The EPC‑based contract spans 24 months and adds a significant order to the company's pipeline. Shares rallied about 4% after the announcement, trading at ₹434.95 with a P/E of 5.01, suggesting cheap valuation. Despite a 12.4% revenue decline, net profit surged 620% YoY, underscoring strong profitability.
India’s AIF Industry Crosses Rs 15 Lakh Crore as Domestic Capital & Liquidity Reshape Private Markets
India’s alternative investment fund (AIF) sector has crossed the ₹15.05 lakh crore mark, underscoring rapid scale and emerging maturity. Equity‑oriented AIFs have delivered roughly 8.7 % alpha over the BSE Sensex across multiple cycles, highlighting consistent outperformance. Domestic investors now contribute about 55 %...
Infosys Shares in Focus on AI-First Framework to Capture $400 Bn Services Opportunity. What Are Brokerages Saying?
Infosys unveiled its AI‑first value framework, Topaz, aimed at capturing a $300‑$400 billion services opportunity by 2030. The platform is already embedded in 90 % of its top 200 clients, contributing 5.5 % of revenue, and supports new partnerships such as Infosys‑Cognition and...
LIC's Rs 17.5 Lakh Crore Portfolio Goes Against the Wind: IT Stocks in, Banks Out
Life Insurance Corporation of India (LIC), the nation’s largest domestic institutional investor, dramatically re‑balanced its ₹17.83 lakh crore portfolio in the December quarter. It poured roughly ₹5.4 billion into top IT names – TCS, HCL Technologies and Coforge – lifting IT holdings from...
Netweb Tech Shares Jump 4% After Launch of ‘Make in India’ AI Supercomputing Systems Powered by NVIDIA
Netweb Technologies India announced its ‘Make in India’ AI supercomputing portfolio, featuring the desktop‑sized Tyrone Camarero Spark and the larger GB200 system built on NVIDIA’s Blackwell‑Grace architecture. The Spark delivers 1 petaflop of AI performance with 128 GB unified memory, while the...
Carlsberg Considering Listing of India Business to Unlock Shareholders Value: Group CEO
Carlsberg’s Group CEO Jacob Aarup‑Andersen confirmed the company is actively exploring an initial public offering of its Indian business, though no final decision has been made. The move aims to unlock shareholder value as the subsidiary posted high single‑digit volume...
IPO-Bound Kissht's NBFC Arm Gets Crisil Rating Upgrade on Strong Growth
Kissht’s NBFC subsidiary Si Creva Capital Services received a CRISIL rating upgrade, moving its long‑term rating to A‑/Stable and short‑term to A1. The upgrade follows a surge in assets under management, which climbed to Rs 5,533 crore by September 2025, driven by rapid expansion...
S45 Introduces AI-Based Platform for IPO Execution
S45 has launched India’s first AI‑enabled investment‑banking platform to streamline IPO execution. The system replaces manual spreadsheets with real‑time demand analytics, eligibility checks, and regulatory tracking. In a pilot covering 26 listings, the platform helped raise Rs 1,120.8 crore and achieved an...
PhonePe IPO at $15 Billion: Can the Marquee Valuation Trigger a Re-Rating for Its Rival Paytm?
Gaudium IVF and Women Health's Rs 165 Cr Public Issue to Open on Feb 20; 1st IPO in Fertility Care...
Stocks to Buy in 2026 for Long Term: IGL, Siemens Energy Among 5 Stocks that Could Give 10-40% Return
Brokerage houses have highlighted five Indian equities that could deliver 10‑40% returns by 2026. Motilal Oswal sees Indraprastha Gas (IGL) rising 41% to ₹235 and Siemens Energy up 31% to ₹3,600. Citi maintains a Buy on Lupin with a 15% upside,...
Market Quote of the Day by Sir John Templeton | “The Time of Maximum Pessimism Is the Best Time to...
Sir John Templeton’s adage that the best buying opportunities arise at peak pessimism is highlighted as a timeless investing principle. The article notes that widespread fear compresses valuations, allowing strong companies to be bought at discounts, while emphasizing the need...
Carlsberg Brews IPO for India as Sales Keep Rising
RBI Issues Draft Norms for Reporting on Forex Derivative Transactions Involving Rupee
The Reserve Bank of India released draft norms requiring Authorised Dealer Category‑I banks to report all rupee‑denominated foreign‑exchange derivative transactions undertaken by their related parties worldwide. This follows earlier steps that mandated primary dealers and banks to disclose rupee interest‑rate...
Goldman Sachs Doubles Down on Aye Finance Despite Muted Debut; BofA Picks up Stake in EIL in Rs 100 Crore...
Goldman Sachs increased its stake in Aye Finance by buying 16.8 lakh shares for about Rs 22 crore, bringing its total exposure to roughly Rs 91 crore. The NBFC’s IPO was 97 % subscribed, yet the shares opened flat at Rs 128.80, just 0.16 % below the issue...
Torrent Pharma, Indus Towers Among 9 Stocks that Hit 52-Week Highs & Rallied up to 20% in a Month
The benchmark Sensex jumped roughly 650 points to end the session above 83,000, sparking a broad market rally. Nine BSE 200 constituents—spanning steel, banking, telecom infrastructure, pharmaceuticals and finance—each breached their 52‑week highs, marking the strongest yearly performance for these stocks....
Infosys ADRs Surge 4%, Wipro's Rise over 2% Despite Weak Wall Street Trade
Infosys ADRs rebounded on Friday, jumping 4% to a intraday high of $14.77, while Wipro ADRs rose 2.2% to $2.33 despite a weakening Nasdaq and soft domestic IT trading. The broader U.S. market slipped, with the Nasdaq down 0.9% and...
BSE Gets Sebi Nod to Launch 'Focused Midcap Index' Futures and Options Contracts
The Bombay Stock Exchange (BSE) has secured SEBI approval to roll out cash‑settled futures and options on its new Focused Midcap Index, which tracks the top 20 mid‑cap companies by free‑float market capitalisation. The contracts will be monthly, expiring on...
Morgan Stanley Said to Consider $500 Million India Fund, Shifts some Assets
Morgan Stanley Investment Management is exploring a $500 million continuation fund focused on India, intending to transfer eight healthcare‑related assets, including Omega Hospitals and RG Scientific, into the new vehicle. The move signals the firm’s effort to provide existing investors an...
Duroflex, Premier Industrial Corporation, 3 More Companies Get Sebi Nod to Launch IPO
Securities and Exchange Board of India (SEBI) cleared IPO filings for five companies spanning manufacturing, pharma, nutrition, power EPC and sleep solutions. Premier Industrial Corporation and Duroflex will issue mixed fresh and offer‑for‑sale (OFS) shares, while Virupaksha Organics proposes a...
Wipro, Infosys, TCS and 9 Other Stocks Hit 52-Week Lows and Slip up to 20% in a Month
A wave of weakness hit India’s blue‑chip segment as the Sensex slumped nearly 1,048 points, pushing nine BSE 200 stocks to fresh 52‑week lows. Leading IT giants Wipro, L&T Technology Services, TCS and Infosys each fell between 14% and 19% over...
EIL Q3 Profit Soars over 3x YoY to Rs 302 Crore
Engineers India Ltd (EIL) posted a net profit of Rs 302 crore for Q3 FY2025‑26, more than three times its profit a year earlier. The surge was driven by a dramatic rise in turnkey contract earnings, which jumped to Rs 273.68 crore from Rs 18.92 crore,...
India Bond Traders Seek Buybacks as Yields Climb Despite Switch
Indian bond traders are pressing the government for buybacks as 10‑year yields climb despite a recent debt‑switch operation. The benchmark 10‑year yield rose to 6.6878%, up about five basis points after the Treasury swapped ₹755 billion of FY27 bonds for longer‑term...
Gainers & Losers: TCS, SpiceJet & Bajaj Finance Among 6 Top Movers on Friday
Indian markets closed sharply lower on Friday, with the Nifty slipping 1.3% to 25,471 and the Sensex dropping 1.25% to 82,627. The sell‑off was led by consumer, IT and energy stocks, as the Nifty IT index fell 1.4% amid heightened...
Senco's Stellar Q3 Topline Growth Driven by Gold Price Rally; Likely to Close FY with ₹8,000 Cr Revenue: MD
Senco Gold & Diamonds reported a 39% same‑store sales surge in Q3, driven primarily by a 65% rally in gold prices over the past year. Despite the topline boost, Q3 volumes slipped 3% YoY and nine‑month volumes fell 10%. EBITDA...
Kwality Wall's Listing Date Announced as HUL Gets Trading Approval for Demerged Entity
Hindustan Unilever Ltd received BSE and NSE approvals to list its de‑merged ice‑cream arm, Kwality Wall’s, on February 16, issuing 2.34 billion shares. The spin‑off creates India’s first pure‑play listed ice‑cream company, with a one‑for‑one share allocation to HUL shareholders as of...
Ola Electric Q3 Results: Loss Narrows YoY to Rs 487 Crore; Revenue Falls 55%
Ola Electric reported a narrower Q3 FY26 loss of Rs 487 crore versus Rs 564 crore a year earlier. Revenue from operations plunged 55% year‑on‑year to Rs 470 crore, driven by a steep decline in automotive sales. Unit deliveries fell to about 32,680, down from 84,029,...
Rupee Closes Nearly Flat, Modest Depreciation Bias Lingers
India’s rupee ended Friday essentially unchanged, closing at 90.6350 per dollar, a slight dip from the prior session. The currency faced pressure from weak domestic equities, elevated interbank dollar demand, and maturing non‑deliverable forward contracts, while the Reserve Bank of...
Market Highlights: Sensex Settles 1,048 Pts Lower, Nifty Below 25,500; HUL, Eternal Drop 4% Each
Indian benchmarks tumbled on Friday, with the Sensex shedding 1,048 points and the Nifty slipping below the 25,500 mark. A broad sell‑off was led by the IT index, which fell more than 5% as investors fretted over AI‑driven disruption and...