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Ambit's Dhiraj Agarwal bets on FMCG revival, says power theme needs selective approach
Dhiraj Agarwal, Managing Director at Ambit Investment Managers, expects Indian equities to remain range-bound and sees long-term growth in exchanges, wealth managers and AMCs as domestic savings increasingly move into equities.
As Vedanta Group posts record FY26 earnings, Chairman Anil Agarwal lays out vision for a ‘very exciting new chapter’
Vedanta Group reported a record profit of ₹25,096 crore in FY26, driven by a revenue of ₹1,74,075 crore. The company plans a demerger to create sector-focused entities, enhancing growth strategies and financial flexibility, with significant investments in aluminium, oil, and power sectors.
SC to hear Vedanta's stay plea against Adani's Jaiprakash Associates takeover
Vedanta, owned by Anil Agarwal, had outbid Adani Group in one of the largest and most keenly tracked insolvency cases in the country. The committee of creditors, though, opted for the resolution plan offered by the Adani Group because of higher upfront payments. Vedanta has told the Supreme Court that the insolvency process lacked transparency and failed to maximise value for creditors. It alleged that the process followed by JAL's committee of creditors in approving the plan of the Adani Group was "unfair, opaque, and inequitable".
Momentum Stocks: Jindal Saw, HFCL, Syrma SGS, Laurus Labs, hit 52-week high
IZMO, BF Utilities, Agarwal Industrial Corporation were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.