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Oil unlikely to fall below $80/bbl amid supply disruptions: Maulik Patel
Maulik Patel, Head of Research, Equirus Investment Securities, said growth in CNG volumes is slowing, especially in key markets like Delhi. Policy reforms such as bringing gas under GST and reducing taxes could support demand. Investors are advised to consider CGD stocks on price declines.
Kaynes Technology shares fall 2% amid market selloff; BofA purchases stake worth Rs 42 crore via block deal
Kaynes Technology India shares dropped over 2% to Rs 3,612 on Friday, mirroring a broader market selloff. This occurred despite BofA Securities acquiring shares worth Rs 42 crore in a block deal on Thursday. The company's stock has underperformed benchmarks over the past year, though it reported a 15% profit growth in Q3 FY25.
BofA Securities enters Kaynes Technologies via Rs 42 crore block deal; stock down 48% in six months
BofA Securities acquired 1.16 lakh Kaynes Technologies shares via a block deal, while the stock continues a multi-month downtrend despite rising revenue and quarterly profit growth
ABB India gains 4% on ₹620 cr investment plan; stock up 19% so far in CY26
ABB India share: Capacity expansion and new R&D labs should enhance technological capabilities, support export opportunities, and improve long-term growth visibility, says ICICI Securities.