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Astral shares drop 6% after demerger. What should investors do?
Astral shares fell nearly 6% on Monday after the company’s board approved the demerger of its chemicals business into a newly incorporated entity, Astral Chemie. According to an exchange filing, the Composite Scheme of Arrangement also includes Astral Limited and Al-Aziz Plastics. The stock hit a low of Rs 1,389 amid the development and approval process.
Vikran Engineering surges after bagging order worth Rs 3,517.98 crore in Maharashtra
Vikran Engineering jumped 8.44% to Rs 76.22 after the company accepted a turnkey EPC work order worth Rs 3,517.98 crore from NOPL Solar Projects for the development of a 969 MW AC solar power project across multiple locations in Maharashtra.
Stocks To Buy: Check Kush Bohra's Top Picks Of The Day | June 29, 2026
Technical analyst Kush Bohra shares his top picks for the day.
Five Stocks To Buy: Maruti Suzuki, HCLTech, Tata Consumer And More | June 29, 2026
Top picks for Monday, June 29 include Maruti Suzuki, HCL Technologies, GMR Airports, Tata Consumer Products and Chalet Hotels.
UPL Share Price Live Updates: UPL Sees a Weekly Return Drop of 2.98%
Astral shares in focus on demerger news but JPMorgan downgrades; check price targets
Another brokerage firm CLSA said the demerger is unlikely to have a meaningful impact on the stock in the near term, adding that sustained growth and margin improvement in the chemicals business will be the key drivers for any future rerating.
Stocks to buy: Tech analyst picks Astra Microwave, Jay Bharat, Welspun Corp
Stocks to Buy: Choice Broking Weekly Recommendations, Aakash Shah recommends buy on Welspun Corp, Astra Microwave Products and Jay Bharat Maruti.
Will It Rain Very Heavily In Mumbai Today? Check IMD's Forecast As Waterlogging Reported
According to the Regional Meteorological Centre of the India Meteorological Department, Mumbai is likely to see thunderstorms accompanied by lightning, gusty winds of 30-40 kmph and heavy rainfall at isolated places.
Israel Strikes Hezbollah Underground Infrastructure In Lebanon, Informs US Of Attack
Israel informed the United States and the American representative in Lebanon in advance of the operation.
Why clean land records are key to India's property market
States are rapidly digitizing land records to streamline India's complex property market. This move aims to curb disputes, speed up transactions, and boost credit access by creating transparent, integrated ownership data. Buyers, homeowners, developers, and banks stand to gain significantly from enhanced efficiency and reduced risks. While not a magic bullet for all disputes, this modernization is a crucial step for economic growth and improved ease of doing business.
IND vs AUS Women's T20 World Cup: Live Streaming, Probable XI & Head-to-Head Record
India will need to defeat Australia to advance to the semi-finals.
Waaree Energies says US Customs found no exports of China-cell solar modules
Waaree also said that its US operations remain unaffected by the development. The company said manufacturing activities, customer deliveries and commercial operations continue as usual, adding that it remains committed to regulatory compliance and will cooperate with the relevant authorities while providing updates as required.