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Stable crude, strong metal demand and El Nino plays drive opportunities: Motilal Oswal's Khemka
Siddhartha Khemka, Head of Research-Wealth Management at Motilal Oswal Financial Services, says easing geopolitical tensions could keep crude oil prices stable, supporting oil marketing companies. He remains positive on GNG Electronics due to strong growth prospects in refurbished electronics and prefers Hindalco among aluminium stocks, citing a multi-year demand cycle. Khemka also sees long-term value in Manappuram Finance and believes Voltas and Varun Beverages could benefit from a potential El Niño-led heatwave.
GNG Electronics share price jumps nearly 9% after ₹175 crore block deal; Motilal Oswal, Goldman Sachs pick up stake
GNG Electronics shares rose nearly 9% after a ₹175 crore block deal involving multiple mutual funds and foreign investors. The company saw notable growth, with a 55% rise in six months, backed by its strong refurbishment capabilities and positive market outlook from Motilal Oswal.
Stocks in news: Lenskart, GNG Electronics, Vedanta, Infosys, RIL
Markets closed lower on weekly expiry day amid weak global cues, with selling pressure on every rise. Block deals in GNG Electronics and Lenskart, Vedanta's demerger, Infosys's CMMI AIM Framework contribution, and RIL's interest in rare-earth minerals were key developments. Analysts eye 23,000 as a crucial support level.
GNG Electronics promoter sells ₹175 crore stake to meet public shareholding norms
Promoter Vidhi Khandelwal sold a 3.94% stake in GNG Electronics through a ₹175 crore block deal, helping the company meet regulatory requirements.
Block deal: Goldman Sachs picks stake in this smallcap stock that surged 50% in 6 months
GNG Electronics witnessed a Rs 175 crore block deal as promoter Vidhi Khandelwal sold shares to domestic mutual funds and foreign investors. Institutional interest comes amid optimism over the company’s leadership in the refurbished electronics market and strong growth prospects.
GNG Electronics up 7% on heavy volume; promoter to sell 3.95% stake
According to data compiled by Bloomberg, 4.49 million shares changed hands in GNG Electronics through multiple block deals in the pre-opening session
Precision Electronics gains on bagging Rs 37-crore surveillance systems order
Precision Electronics jumped 4.95% to Rs 156.95 after the company announced that it has secured an order worth Rs 37 crore from the Ministry of Home Affairs, Government of India, for the supply of surveillance systems.
Indian tech firms Sahasra and Zoho showcase Asian ambitions at COMPUTEX 2026 in Taiwan
Indian electronics and software firms Sahasra and Zoho exhibited at COMPUTEX 2026 in Taipei, seeking partnerships and exploring growing opportunities across Asian markets.
Five Stocks To Buy: Tata Motors PV, SBI, Alkyl Amine And More | June 04, 2026
Top picks include defense electronics player DCX Systems, public sector banking giant SBI and specialty chemicals major Alkyl Amines Chemicals, among others.
Paras Defence gains on bagging Rs 53-cr order from BEL for electro-optics supply
Paras Defence and Space Technologies added 2.77% after it has received an order from Bharat Electronics (BEL) for the supply of electro-optics systems valued at approximately Rs 52.82 crore.
Asian Markets Today | June 1: South Korea Stocks Hit Record High, Japanese Yields At 40-Year High
Asia Markets Today | June 1: South Korea's Kospi jumped 1.31%, while the small-cap Kosdaq was down 1.58%. Shares of Samsung Electronics rose more than 3% to hit an all-time high.
Semiconductor plant in Assam likely to start production this fiscal, Union Minister Ashwini Vaishnaw says
Production at the Jagiroad semiconductor plant in Assam is set to begin this financial year. Union Minister of I&B and Electronics and IT, Ashwini Vaishnaw, confirmed the timeline after meeting with Assam Chief Minister Himanta Biswa Sarma. The facility, a Tata Semiconductor Assembly and Test Pvt Ltd project, will produce millions of chips daily.