Market News

Logistics firm A1 Ltd secures orders worth Rs 35 crore

Logistics firm A-1 Ltd has secured new orders totaling Rs 35 crore from prominent industrial houses, including Solar Industries Ltd, Mahadhan Agritech, and Sai Baba Polymer. These contracts, scheduled for execution by June 2026, significantly boost the company's revenue visibility for the current fiscal year.

NHAI flags off asset monetisation for FY27

The National Highways Authority of India has started its asset monetisation drive for the current financial year. Bids were opened for two national highway stretches in Tamil Nadu. Epic Concesiones 2 Pvt Ltd emerged as the highest bidder for TOT-Bundle 19. NHAI aims to raise significant funds through asset monetisation in the coming years.

Analysts stay bullish on IndiGo stock as the FY30 vision takes shape

IndiGo, in its recently held analyst meet, reiterated its ambition to raise international capacity share to around 40 per cent by FY30 from the current 30 per cent, according to a note by Elara.

NH builders seek predefined input rates for projects under active bids

Road builders are asking the government to set fixed rates for bitumen and fuel. This is for highway projects currently up for bidding. They warn that current price differences could lead to unfair bidding and delay projects. The industry believes this will ensure transparent and fair competition. It aims to protect the financial health of these crucial infrastructure developments.

Central Bank of India targets over Rs 3,500 crore bad-loan recovery in FY27

Central Bank of India plans significant recovery from bad loans exceeding Rs 3,500 crore in FY27. The bank will also introduce wealth management and credit card services in the latter half of the current fiscal year. Development of cash management services for corporate clients is also underway. These initiatives aim to boost the bank's financial performance and non-interest income.

Nomura Picks Potential Winners Of The Data Centre Boom In India; Calls It A Decadal Opportunity

Nomura is forecasting a staggering 30% CAGR through 2030, potentially lifting total capacity to around 7 gigawatts from the current 1.5-1.6 gigawatts.

JSW Steel Share Price Live Updates: JSW Steel's Current Trading Status

Ashok Leyland bags order for 715 vehicles from VRL Logistics

Ashok Leyland on May 25 announced securing an order for 715 vehicles from VRL Logistics, strengthening their long-standing partnership. The order includes AVTR 3120 haulage trucks, BOSS 1615 trucks, and Oyster staff buses. Deliveries have already begun, with 300 vehicles supplied so far, while the remaining 415 units are slated for delivery within the current year, highlighting continued demand for Ashok Leyland’s commercial vehicle portfolio.

Ola Electric set for sharp Q1 rebound as registrations cross Q4 levels

Ola Electric is witnessing a strong sales recovery, with current-quarter registrations already surpassing the previous quarter's total. The EV maker expects quarterly volumes to nearly double as demand rebounds, supported by a focus on disciplined growth, operational efficiency, and market expansion.

Retail players can skip Central Bank of India OFS, say analysts, cite margin and earnings concerns

Retail investors are being urged by market analysts to steer clear of the government's shares sale in Central Bank of India. The bank's current margin issues and uncertain future profitability raise red flags. Despite the attractive discount on the offer price, experts forecast further share sales needed for compliance, leading to persistent sales pressure on the stock.

Honda to drive in over 10 new models by 2030

Honda is set to introduce more than ten new models in India. This includes sports utility vehicles with petrol, hybrid, and electric powertrains. The company will launch its first electric vehicle in the latter half of the current financial year. Compact and mid-sized SUVs are also planned, with local manufacturing. India is a key market for Honda's future growth.

IRDAI may ease norms for insurance cos to invest more in REITs, InvITs

Insurers may soon see relaxed investment rules for real estate and infrastructure trusts. The regulator is considering a combined 6% exposure limit, up from the current 3% for each. Strong investor interest in recent infrastructure offerings, like the Raajmarg InvIT, has fueled demands for greater insurer participation in these long-duration yield assets.