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Nexus Ventures sells ₹208 crore worth of Delhivery shares
Nexus Ventures has sold a 0.6% stake in Delhivery for about ₹208 crore through a block deal. The transaction comes as the logistics company expands its electric delivery fleet and continues to focus on improving profitability.
Bernstein reiterates Fervo Energy stock rating on execution focus By Investing.com - Investing.com India
Bernstein reiterates Fervo Energy stock rating on execution focus By Investing.comInvesting.com India
USD/JPY and GBP/USD: Focus Remains on Yen and Sterling - Investing.com India
USD/JPY and GBP/USD: Focus Remains on Yen and SterlingInvesting.com India
Akasa Air eyes 30% capacity growth in FY27
Akasa Air is set for a significant 30% capacity expansion this financial year, with ambitious long-term plans remaining steadfast despite geopolitical uncertainties. The airline, operating 39 Boeing 737 MAX aircraft, currently dedicates about a quarter of its capacity to international routes. With a focus on strong capitalization, Akasa Air is well-positioned to navigate rising operational costs, aiming for 30-40% growth over the next 4-5 years.
Avience Biomedicals IPO share allotment in focus today; GMP, steps to check status online
Avience Biomedicals IPO share allotment is expected today, following a staggering 385 times subscription. The debut on NSE SME is expected this Thursday. Learn how to check your allotment status.
Persistent Systems Shares in Focus As Motilal Oswal Maintains Bullish Stance — Check Upside, Target Price
Motilal Oswal remains constructive on Persistent Systems, supported by its differentiated AI capabilities, strong deal pipeline, and consistent execution across verticals.
Advit Jewels IPO Day 1 LIVE: Issue opens today. GMP hints 46% listing pop. Should you buy or not?
Advit Jewels IPO Day 1 LIVE: The strong Advit Jewels IPO GMP reflects positive sentiment in the grey market, while the company's focus on craftsmanship, brand positioning, and growing demand for premium jewellery continues to attract investor interest.
Rupee opens 1 paise lower at 94.69 against US dollar
The Indian rupee opened weaker at 94.69 against the US dollar, down 1 paise. Market focus has shifted from oil prices to expectations of a US Federal Reserve rate hike in September, impacting Asian currencies including the rupee.
Meesho shares in focus as Citi initiates coverage with Buy rating. Here's why
Citi has initiated coverage on Meesho with a Buy rating and Rs 210 target, citing strong user growth, deep penetration beyond metros, and improving monetisation. The brokerage expects robust NMV expansion and margin gains, driven by advertising and logistics execution, even as average order values decline modestly.
Vishal Mega Mart Shares In Focus As Investec Initiates 'Buy' On 'Double Engine Growth' - Check Target Price
Investec said Vishal Mega Mart with its scale of 795 stores, over 74% private-label mix, sharp sourcing and pricing is structurally best positioned to do better than competitors.
Bharat Electronics shares in focus after defence PSU wins orders worth Rs 1,081 crore
Bharat Electronics shares are in focus following a significant Rs 1,081 crore order win, adding to previous gains. The defence PSU reported a 5% net profit rise for Q4 FY26, driven by strong defence project execution and increased revenue. Analysts from Goldman Sachs maintain a 'Buy' rating, while Nomura holds a 'Neutral' stance, highlighting order inflow and margin trends as key watchpoints.
Block deal alert! Craftsman Auto shares in focus as promoter to sell stake worth Rs 486 crore
Craftsman Automation shares are under scrutiny as promoter Srinivasan Ravi plans to sell up to 2.01% stake via a block deal worth Rs 486 crore. This secondary transaction, with a floor price of Rs 9,250, follows a recent Rs 2,000 crore QIP. The move aims to monetize holdings and boost liquidity, with Ravi facing a 180-day lock-up. The company reported a strong Q4 with a 74.4% profit surge.