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Laser Power & Infra's ₹742 crore IPO to open for subscription on July 9
Kolkata-based Laser Power & Infra Ltd (LPIL), an integrated manufacturer of power cables, conductors and specialised products for the power transmission and distribution industry, will launch its Rs 742 crore initial public offering (IPO) on July 9. The issue will close on July 13, according to its red herring prospectus. The IPO comprises a fresh issue of equity shares worth Rs 542 crore and an offer for sale (OFS) of shares aggregating up to Rs 200 crore by promoter selling shareholders, according to filings. Net proceeds from the fresh issue will be utilised towards repayment or prepayment of borrowings amounting to Rs 490 crore and for general corporate purposes. LPIL operates three manufacturing units in West Bengal with a combined installed capacity of 85,448 MT. The company reported revenue of Rs 2,326 crore and net profit of Rs 151 crore in FY26. Its order book stood at Rs 3,243 crore as of March 31, 2026. The firm, which also has an EPC division, is a licensed stranding .
Enviro Infra wins ₹257 crore sewage treatment projects in Uttar Pradesh
The projects, awarded by Uttar Pradesh Jal Nigam (Rural), will be executed through two SPVs under the Hybrid Annuity Model.
Brent crude oil bias may remain bearish-to-neutral in H2CY2026
Mohammed Imran, research Analyst at Mirae Asset Sharekhan has a bearish-to-neutral view on Brent through H2CY2026, with a base-case range of $68-72/bbl.
Water crisis ahead? PL Capital says water deficit creates Rs 20 lakh cr infra opportunity, picks 3 stocks
India's widening water deficit could create an infrastructure investment opportunity worth over Rs 20 lakh crore over the next decade, according to PL Capital. The brokerage expects sustained growth across water treatment, recycling and wastewater management, and has identified VA Tech Wabag, Enviro Infra Engineers and Denta Water as key beneficiaries.
Infra Stock in Focus After Power Grid Revokes Tender Restriction By Trade Brains - Investing.com India
Infra Stock in Focus After Power Grid Revokes Tender Restriction By Trade BrainsInvesting.com India
Stock Alert: Hindustan Zinc, GHV Projects, JSW Infra, Lemon Tree Hotels, Apar Inds
Shares of Kaynes Technology India are banned from F&O trading on 23 June 2026.
Stocks to Watch today: BEL, IREDA, JSW Infra, Vi, Vedanta Aluminium & more
Stocks to Watch today: BEL, IREDA, JSW Infra, Vodafone Idea, Vedanta Aluminium, Craftsman Automation, Delhivery, Bajaj Auto, Bandhan Bank and more will be in focus today.
Stocks in news: TCS, JSW Infra, Craftsman Automation, IIFL Finance, Transrail Lighting
Indian markets showed a positive trend on Monday, recovering some of Friday's dips, buoyed by global sentiment and strong performance in the banking sector. Several companies are making headlines: JSW Infrastructure is raising funds for expansion, TCS will announce its quarterly results and a potential interim dividend, and Craftsman Automation's promoter plans a stake sale.
Buy, Sell Or Hold: Data Patterns, Cupid, Yatra Online, United Spirits, JSW Infra, Karur Vysya Bank — Ask Profit
Buy Sell Hold
Multibagger stock: Kirloskar Oil Engines share price jumps 20% to 52-week high on winning order for data center infra
Kirloskar Oil Engines share price has gained 43% in one month and has rallied 73% in three months. The stock has jumped 95% on a year-to-date (YTD) basis and has delivered multibagger returns of 183% in one year. Over the past three years, Kirloskar Oil Engines share price has surged 488%.
GRSE, Paras, Zen Tech: Analyst sees up to 54% upside in 3 defence stocks
Defence stocks to buy: Muthuselvaraj of Mirae Asset Sharekhan explains that Paras Defence is showing an uptrend, trading with higher top, higher bottom pattern after breaking from consolidation zone.
Stock Alert: Bharat Forge, HCL Tech, Diamond Power Infra, ImagicaaWorld Entertainment
Securities in F&O Ban: