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Water crisis ahead? PL Capital says water deficit creates Rs 20 lakh cr infra opportunity, picks 3 stocks
India's widening water deficit could create an infrastructure investment opportunity worth over Rs 20 lakh crore over the next decade, according to PL Capital. The brokerage expects sustained growth across water treatment, recycling and wastewater management, and has identified VA Tech Wabag, Enviro Infra Engineers and Denta Water as key beneficiaries.
Cooling products see mixed demand in June qtr; AC sales slump, beverages, ice cream stay resilient
Summer demand for products showed a mixed trend. While air-conditioner sales dipped due to unseasonal weather and rising prices, beverages, ice cream, and dairy products saw robust growth. Consumers are opting for more affordable refreshment options and impulse buys, with traditional hydration products also gaining popularity across urban and rural areas.
Top Gainers & Losers on June 22: Kirloskar Oil Engines, Delhivery, Gabriel India, Urban Company among top gainers
The Indian stock market closed with gains as US-Iran peace talks progressed, boosting pharmaceutical and technology stocks. The Nifty 50 rose 0.37% to 24,102, while the Sensex closed at 77,044, up 0.31%. Broader markets and various sector indices also recorded positive movements.
Affordable housing, rental expansion and RERA Reforms set to define next growth phase in India's urban region: Report
India's housing sector is set for a major overhaul, driven by urbanization and policy shifts. A KPMG report highlights the urgent need for affordable housing, especially for lower-income groups, by addressing land costs and approval delays. The rise of rental housing as a formal asset class is also emphasized, alongside crucial reforms to boost trust and efficiency in the real estate regulatory framework, ensuring project completion and buyer protection.
The new man of steel! India seen to fill in the void China may leave
India Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low, offering significant growth potential. Unlike China's property-driven boom, India's demand will stem from infrastructure, manufacturing, and urban development. This growth will be more gradual, influenced by execution challenges and a focus on greener production.
Hurdles behind India's supertall buildings & vertical ambitions
India's urban growth is rapid, yet only one building crosses the 300-meter supertall mark. Fragmented regulations and infrastructure gaps hinder taller constructions. Developers face higher costs and extended timelines for supertall projects. While supertalls offer efficient land use, the focus remains on addressing affordable housing and essential urban services for the next two decades.
Stocks to Buy: CLSA expects eyewear maker to cross levels of ₹600 despite valuation chatter
CLSA described Lenskart as a leading eyewear brand in India that is well-positioned to cater to the country's affluent urban consumers as well as emerging middle-income cohorts, while continuing to offer affordable products for the mass market.
Centre targets nearly 300 GW power generation capacity by next year: Manohar Lal Khattar
India is boosting its power generation capacity, focusing on nuclear energy. The nation aims to reach nearly 300 GW next year. Nuclear power is key for long-term energy security, targeting 100 GW by 2047. Tripura is set to receive urban infrastructure projects worth Rs 1,200 crore. Reforms are crucial for growth.
Toyota launches Urban Cruiser Ebella E3: Check price, features, variants, range and more
Toyota Kirloskar Motor has launched the Urban Cruiser Ebella E3 electric SUV. The vehicle is priced at Rs 23,60,000 ex-showroom. It features a 61 kWh battery, Level 2 ADAS, and a 10.25-inch combimeter. Toyota offers an 8-year battery warranty and multiple financial schemes. The company also provides extensive service support with trained technicians.
OIL Green Energy signs JV agreement with Hindustan Waste Treatment
To collaborate on integrated bioenergy and sustainable waste management projects in India
India’s scorching nights strain power grid and threaten health
India faces a dual threat from dangerously hot summers and increasingly sweltering nights, exacerbated by global warming and urban heat islands. This sustained heat strains both people and power infrastructure, leading to record energy demand and widespread blackouts, particularly impacting vulnerable populations.
Engineers India Ltd leads losers in 'A' group
Ganesha Ecosphere Ltd, Central Bank of India, Max Healthcare Institute Ltd and GMR Power & Urban Infra Ltd are among the other losers in the BSE's 'A' group today, 22 May 2026.