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Q1 Results Next Week: Reliance, HCLTech, Wipro, Tech Mahindra, BHEL Among 140+ Companies Reporting
RIL, HCLTech, Wipro, BHEL, TechM among companies to announce Q1FY27 results next week
Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth
Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.
Top Gainers & Losers on 9 July: Kalyan Jewellers, Swiggy, Kaynes Tech, Anant Raj, Thermax among top gainers - livemint.com
Top Gainers & Losers on 9 July: Kalyan Jewellers, Swiggy, Kaynes Tech, Anant Raj, Thermax among top gainerslivemint.com
Syrma SGS to Kaynes Tech: EMS stocks jump up to 7.5% as Centre waives customs duty on key electronic components
The government's waiver of basic customs duty on electronics manufacturing components until 2029 led to sharp stock gains for companies like Kaynes Technology. This initiative aims to enhance domestic production of electronics and support India's goal of becoming a global manufacturing hub.
Viviana Power Tech gains after securing Rs 71 crore turnkey contract from PGVCL
Viviana Power Tech advanced 2.15% to Rs 781.50 after the company announced that it has secured a turnkey contract worth Rs 71.38 crore from Paschim Gujarat Vij Company (PGVCL).
Here are two reasons why Syrma SGS Tech shares gained up to 5% today
This is an extension of the existing Nil BCD benefit rather than a fresh duty reduction. The amendment ensures these components continue to enjoy duty-free imports through March 2029, providing long-term policy visibility for manufacturers.
Dixon Tech, Syrma SGS, Amber shares surge up to 6%. What does customs duty relief mean?
Shares of Dixon Technologies, Syrma SGS Technologies and Amber Enterprises rallied after the Centre expanded customs duty exemptions on electronics manufacturing machinery and components until 2029. The move is expected to reduce import costs, improve margins, encourage fresh investments and strengthen India's electronics manufacturing ecosystem across batteries, displays and smartphones.
Dixon, Kaynes Tech Shares Up 5%: EMS Stocks In Focus After Government Waives Customs Duty On Key Parts
Dixon, Syrma SGS, Avalon Technologies and Kaynes shares rallied up to 6% after the government waived customs duty on key electronics components.
Syrma SGS, Dixon Tech, Amber shares gain up to 5% after this positive development
Syrma SGS holds a distinct competitive edge in the domestic manufacturing of magnetic products, including inductor coils, chokes and transformers.
Ideaforge Tech gains after board OKs opening of QIP
Ideaforge Technology added 2.03% to Rs 855 after the company the launched of qualified institutional placement for equity shares with a floor price of Rs 835.86 per equity share.
Stock Alert: JSW Infra, Ideaforge Tech, Uno Minda, Orchid Pharma
Ideaforge Technology launced the qualified institutional placement (QIP) issue and fixed the floor price at Rs 835.86 per share. The company may offer a discount of up to 5% to the floor price.
Stocks to watch: Cochin Shipyard, Premier Energies, ideaForge Tech among shares in focus today; check list here - livemint.com
Stocks to watch: Cochin Shipyard, Premier Energies, ideaForge Tech among shares in focus today; check list herelivemint.com