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Aukera raises ₹90 crore debt funding to expand lab-grown diamond jewellery business
In a significant move, lab-grown diamond brand Aukera raised ₹90 crore in debt financing, spearheaded by Alteria Capital. This influx of capital is earmarked for enhancing retail presence and advancing product innovation. Aukera's strategy includes opening additional outlets in both familiar and new cities, as the company targets the upscale segment of the booming market, ensuring a robust balance sheet for upcoming industry shifts.
Torrent Pharma among 6 stocks to hit 52-week highs & rally up to 25% in a month
Despite a sharp sell-off in the broader market, six BSE 200 stocks touched fresh 52-week highs, highlighting resilient investor confidence. The outperformers from retail, pharmaceuticals and energy sectors continued to show strong momentum, signalling sustained buying interest despite market volatility.
Kotak Institutional removes ABB India, Siemens, Cummins India from model portfolio
Kotak Institutional Equities' Sanjeev Prasad prefers private banks over IT and expensive industrial stocks, citing attractive valuations, stable credit growth and the potential for re-rating. He warned that AI-driven pricing pressure makes it difficult to value IT companies and said investors should avoid chasing richly valued capital goods and electrification stocks despite strong long-term themes. Healthcare, hospitality, retail and telecom remain among his preferred sectors.
SBI Securities prefers HDFC Bank, sees long-term upside in metals
Sunny Agarwal, Head Fundamental Research, Retail Desk at SBI Securities, remains positive on private banks, preferring HDFC Bank over Kotak Mahindra Bank after the lender received a clean legal review. He says Persistent Systems' acquisition benefits may take up to eight quarters to materialise, while slower growth remains a near-term concern. Agarwal is also bullish on the metals sector, with Indian Metals & Ferro Alloys as his top pick, and remains positive on Astral over the long term despite near-term challenges.
Five Stocks To Buy: Eternal, Trent, Eicher Motors And More | June 22, 2026
Top picks for Monday, June 22, include food-delivery platform Eternal, retail major Trent, automotive heavyweight Eicher Motors, PSU lender Union Bank of India, and pharmaceutical player Mankind Pharma.
Bata India appoints Sanjay Rao as MD & CEO
Bata India has announced Sanjay Rao will take over as Managing Director and Chief Executive Officer effective on August 24, 2026. He replaces Gunjan Shah. Rao brings over two decades of retail and consumer leadership experience from international markets. Bata Group sees India as a key growth market. Rao's appointment aims to drive consumer relevance and product strength for Bata India.
JM Fin on insurance: Retail health to drive growth; Star Health top pick
The brokerage said that it prefers Star Health in the space as it has recommended a 'Buy' rating on the stock for a target price of ₹650.
GIC shares dip 4% as Rs 3,088 crore OFS opens for retail investors. Should you participate?
General Insurance Corporation of India shares dropped 4% as the government's OFS opens for retail investors today at a discount. Meanwhile, Zydus Lifesciences successfully completed its cash tender offer for Assertio Holdings Inc., making it a wholly-owned subsidiary. This acquisition aims to boost Zydus's pipeline of innovative drugs.
Liotech Industries IPO to open on June 17: Check issue size, GMP and other details about SME offer
In the Liotech Industries IPO, 50% of the issue is reserved for non-institutional investors (NIIs) and the other 50% for retail investors. The listing of Liotech Industries is expected to take place on June 24 on the BSE SME platform.
What’s likely to move markets in the next trading session on June 12?
Indian markets will take cues from the escalating US-Iran conflict, India’s May retail inflation data, and global macroeconomic developments.
Margin play: Why Supertails is doubling down on the lucrative pet healthcare market
With medical services yielding double the margins of retail, the startup is expanding its clinic and pharmacy footprint to anchor itself at the centre of India's formalizing pet economy.
ICICI Lombard: AI Integration Lifts Growth Outlook — Buy, Sell or Hold? Read Motilal Oswal's Analysis
Leadership in motor insurance, accelerating momentum in retail health, expanding distribution capabilities, growing AI integration and a strong balance sheet remains ICICI Lombard's key growth drivers.