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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.
Gold slips marginally in futures trade; silver rebounds on value buying
Gold futures on MCX edge lower on weak global cues and strong US dollar, while silver recovers on bargain buying, analysts see correction but say long term outlook for bullion stays positive
Sterlite Tech hits 5% upper circuit on QIP launch; zooms 495% in 6 months
Sterlite Technologies plans to raise up to ₹1,500 crore through the QIP route. Recently, Bandhan Mutual Fund sold 1.82 million equity shares of STL in open market trade.
Trent rallies after mgmt flags potential growth outlook in 47th AGM
Trent jumped 4.18% to Rs 3273 after the company's management outlined its long-term growth strategy for its fashion and value-retail businesses at the 47th annual general meeting (AGM).
Centre brings together states, industry for $100 billion textile exports goal
India aims to double its textile and apparel exports to $100 billion by 2030, with a nationwide exercise and summit focusing on strategies for key hubs. Discussions centered on technical textiles, man-made fibers, and improving logistics. The initiative emphasizes district-led growth and value addition to bolster the nation's global textile trade presence.
India’s biggest equity fund makes contrarian bet on IT stocks
India’s largest actively managed equity fund, PPFAS Flexi Cap, is increasing exposure to beaten-down IT stocks, taking a contrarian view on AI disruption fears. CIO Rajeev Thakkar argues pessimism is overdone, betting on productivity gains and valuation comfort even as the Nifty IT index heads for its worst year since 2008.
'Buy' Meesho, Citi says, projects 23% upside on this differentiator
Citi described Meesho as a value-focused e-commerce platform with multiple strategic differentiators compared to other players in the online retail space.
SpaceX shares fall 16% on Monday; Three-day fall wipes out $600 billion in value
Retail remained a buyer in SpaceX even during Monday's 16% fall, but the inflows were below last week's levels, according to Vanda Research.
Gold, silver prices today: Rates rise on MCX on value buying amid progress in US-Iran peace talks
Gold, silver prices today: Rates rose on the MCX due to value buying after media reports suggested progress in US-Iran peace talks. However, an uptick in the US dollar and 10-year bond yields capped gains.
Jio IPO, AI push to aid RIL's next growth leg: S Meena, Swastika Investmart
The AGM reinforces Reliance's transition from traditional energy to a tech-energy-retail powerhouse. The Jio IPO is the near-term catalyst for value unlocking
Jio IPO kickstarts RIL's value unlocking cycle: Sunny Aggarwal, SBI Sec
RIL is entering a value unlocking cycle (Jio IPO), capex monetisation phase (New Energy) and platform expansion phase (AI & Retail/FMCG) with clear visibility on Ebitda doubling in 5 years.