Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Bharat Petroleum Corporation inks deal to acquire 40% stake in Tiki Tar and Shell India
TTSIPL operates in the business of marketing, processing, purchasing, importing, exporting, and selling bitumen and bituminous products primarily in India, with export sales extending to Nepal, Bhutan, and Bangladesh. Its product portfolio provides solutions for both highways and airport runways, consisting specifically of VG Grade Bitumen, Polymer Modified Bitumen (PMB), Crumb Rubber Modified Bitumen (CRMB), Emulsion, and Emulsion OB.
Haleon to invest Rs 2,000 crore to set up first India plant
Haleon is investing Rs 2,000 crore to build its first manufacturing plant in Pithampur, India. This move sharpens its focus on India, a fast-growing consumer healthcare market. The plant will produce oral-health products, including Sensodyne. It aims to reach one billion more consumers by 2030, with 300 million in India. The facility will also cater to export markets.
Consumer goods companies chart new manufacturing and sourcing course as West Asia crisis hits supply chain
Indian consumer goods firms like Dabur, Britannia, Tata Consumer Products, and Emami are rerouting manufacturing and sourcing away from West Asia due to the Iran conflict and Strait of Hormuz disruptions. Companies are shifting production to India, Egypt, and Turkey, and exploring new export routes to mitigate business impacts and ensure supply chain stability.
Solar Industries secures ₹1,076 crore defence products export order; Stock up 53% this year
Earlier this month, Solar Industries' management guided revenue growth of over 40% in FY27, with its defence business expected to cross ₹4,500 crore and nearly 70% of that coming from international markets. Consolidated revenue is expected to cross ₹14,000 crore in FY27.
Premier Explosives shares jump 10% on ₹350 crore export order win; up 43% in April
Premier Explosives stock surged 10% to ₹545 on April 22 after securing export orders worth ₹350.23 crore for defense products. Despite a weak December quarter performance, the company's strong order book remains promising for future growth.