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Nazara Technologies to buy two Spanish gaming firms
Nazara will initially buy a 50% controlling stake in Bluetile Games S.L. and BestPlay Systems, worth $100.3 million. The remaining stake is likely to cost $130-140 million
Tracker-mounted solar projects give higher output than fixed-tilt systems: Study
A study by SgurrEnergy and Nextpower found that single-axis solar tracker systems in India generate 15–23% more energy than fixed-tilt installations and deliver higher efficiency across key performance metrics. The analysis, based on projects in Rajasthan, Andhra Pradesh and Madhya Pradesh, showed trackers also improve capacity utilisation and performance ratios while requiring 14–18% lower installed capacity to achieve similar output.
The two defence stocks this portfolio manager likes
Conrad Saldanha, MD & Portfolio Manager of Neuberger Berman, says market uncertainty due to Middle East tensions has created selective long-term opportunities. He sees attractive valuations emerging in global IT services after a sharp correction, while tech fundamentals remain strong. In India, he is selectively adding large caps like Reliance Industries and Bharti Airtel and likes IT midcaps such as Coforge and Persistent Systems as well as defence play Data Patterns, on weakness. Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Momentum Stocks: Hinduja Global, Silly Monks, North Eastern Carrying rally up to 13% on sheer momentum
Eurotex, TCI Finance, Dynacons Systems were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.