Market News

Companies should focus on business growth, profitability rather than just share price: NSE chief

NSE MD and CEO Ashish Chauhan urged companies to prioritize building sustainable businesses and long-term value over solely chasing share prices. He emphasized that market valuation should reflect genuine business performance and growth. Chauhan advised entrepreneurs to focus on their core operations, highlighting that consistent profitability and innovation, even in small improvements, eventually attract market recognition and unlock significant growth opportunities.

Dalal Street Week Ahead: Nifty to test crucial 24,500 level; breakout may define next trend

Indian markets navigated a subdued week, ending with modest gains as Nifty hovered near a crucial resistance zone between 24,160 and 24,500. Technical indicators suggest caution, with a decisive move above this hurdle needed to fuel further upside. Investors are advised to maintain a selective approach, focusing on stock-specific opportunities while managing risk diligently. Pharma and Media sectors show relative strength, while Energy and IT lag.

Vikran Engineering secures 969 MW AC solar power project of Rs 3,517.98 cr

The Company had earlier accepted a work order from Onix Renewable on 23 December 2025 for execution of the EPC works for the 600 MW project for Rs 2035.26 crore. Against the said earlier arrangement, work to the extent of around Rs 388.67 crore had been tentatively executed and the balance order value of around Rs 1,893.26 crore stands mutually cancelled pursuant to the revised contractual arrangement.

Why Equirus is avoiding loss-making startups in its ₹1,500 crore fund

Equirus new fund launch comes as India’s startup funding market becomes more selective, even though early-stage capital has held up better than late-stage funding.

BMO Market+ International Equity Fund Series Share Price | NLB:ZMPI ETF - Investing.com India

BMO Market+ International Equity Fund Series Share Price | NLB:ZMPI ETFInvesting.com India

BEML bags additional order worth $5.35 million from West Asia; Here's where total order value stands

BEML wins an additional 5.35 million dollar West Asia export order, lifting contract value to 41.73 million dollars and total international orders to 112.35 million dollars

Turtlemint Fintech IPO listing date on 29 June: Here’s what GMP hints ahead of debut

Turtlemint Fintech IPO listing is scheduled on 29 June, after a subscription period from 19 to 23 June. The IPO received strong demand, particularly from retail investors. The share price is fixed between ₹144-152, with a total offering value of up to ₹660.72 crore.

Rites announces enhancement in value of contract received from NEYVELI U P

SoftBank slides 12% as fears of OpenAI IPO delay weigh on investor sentiment

The Japanese technology investor has seen its shares rally to record highs in recent months, driven largely by expectations that an OpenAI listing would unlock significant value for its investment portfolio.

Brokerages stay bullish on Laurus Labs as CDMO momentum and margins improve

Laurus Labs' stock has surged 30% on robust FY26 results, fueled by a booming contract manufacturing business and improved product mix. The company is investing ₹3,000 crore in expanding capacities, particularly for high-value CDMO services, which are projected to double their revenue share by 2030. Analysts are optimistic, raising earnings forecasts and maintaining a 'BUY' rating, anticipating continued growth across its diverse segments.

Tata Chemicals surges on Tata Sons listing buzz

Tata Chemicals shares surged on Thursday, driven by the RBI's new guidelines for upper-layer NBFCs, sparking hopes for a Tata Sons listing. Analysts suggest this could unlock significant value for Tata Chemicals, which holds a stake in the unlisted entity. The potential listing of Tata Sons, valued in the unlisted market, could boost Tata Chemicals' market capitalization substantially, marking a shift from its current book value reflection.

Axis Bank seeks shareholder nod to raise Rs 55,000 crore in FY27

Axis Bank is seeking shareholder approval to raise a substantial Rs 55,000 crore in FY27, comprising Rs 20,000 crore via equity and Rs 35,000 crore through debt. This move supports the bank's ongoing strategy to bolster its balance sheet by aggressively mobilizing deposits. The bank is focusing on acquiring new premium customers and deepening relationships with existing ones to drive growth and enhance customer value.