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Deven Choksey remains bullish on select mid-tier IT stocks, sees up to 20% upside
Indian IT stocks could offer attractive opportunities after the recent correction, according to Deven Choksey, MD, DRChoksey FinServ. He believes downside risks are limited as companies adapt to AI-driven, outcome-based business models. Choksey prefers engineering and automotive technology companies such as KPIT Technologies, Tata Technologies and Tata Elxsi, citing strong order visibility and execution prospects. He sees the potential for 15-20% upside in select names. Choksey also remains optimistic about the long-term prospects of India's solar industry, although he believes much of the near-term optimism is already reflected in stock prices. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Provigil Surveillance receives LoA from South Western Railway
The project pertains to the Provision of CCTV at 75 Non-Interlocked Manned Level Crossing Gates over Hubli Division. The scope of work includes supply, installation, testing and commissioning of CCTV / Video Surveillance Systems, networking and telecom infrastructure, integration of monitoring systems, power backup arrangements, solar power systems, computer vision-based gate monitoring solutions and other ancillary infrastructure required for the project.
Newgen Software Technologies Ltd leads gainers in 'A' group
Concord Biotech Ltd, ACME Solar Holdings Ltd, Sky Gold & Diamonds Ltd and Tata Consultancy Services Ltd are among the other gainers in the BSE's 'A' group today, 02 June 2026.
Acme Solar share price jumps to all-time high amid reports of ₹2,500 crore QIP move
Acme Solar share price has gained nearly 4% in one month and surged more than 33% in three months. The stock has rallied 39% in six months and has risen 19% in one year.
Up to 531% returns: 23 small & midcap multibaggers you might have missed in 2026
Several small and midcap stocks have achieved multibagger status in 2026, offering substantial returns. Companies in sectors like fiber optics, defence, pharma, and solar energy have seen significant growth. This rally highlights thematic strengths overriding broader market concerns. Experts advise caution, emphasizing selective investing in quality companies with strong fundamentals and governance.
India's solar export boom collapses as US tariffs bite
All but one of India’s top listed solar module companies reported nil exports during the quarter ended 31 March. Market leader Waaree Energies Ltd, which had so far managed to protect its exports to the US, also reported fewer outbound shipments during the fourth quarter of FY26.
Fujiyama Power Systems to set up 1.2 GW TopCon solar cell manufacturing unit at Ratlam plant
At an estimated capex of Rs 350 cr
India’s peak power demand hits 271 GW, breaks record for fourth straight day
India's peak power demand neared 271 GW on Thursday, a significant increase driven by intense heat. This marks the fourth consecutive day of record demand. Thermal power met over 62% of the need, with coal supplies monitored. The ministry is assessing trends for future projections. Peak demand in solar hours has been met without issues this week.
Natural diamonds, real change: Driving sustainable impact in India
The diamond industry is prioritizing sustainability, with India leading the charge by integrating a fifth 'C' – conscience – alongside traditional metrics. Companies are adopting solar power, water recycling, and community development programs, exemplified by Shree Ramkrishna Exports achieving carbon-negative status. These initiatives are enhancing traceability, environmental standards, and social impact across the sector.
India's peak power demand hits record 265.4 GW amid heatwave conditions
The latest peak surpassed Tuesday's all-time high of 260.5 GW recorded during solar hours. The latest demand levels have already crossed last summer's record peak of 243 GW, and even those recorded during the evening. The peak demand recorded is inching closer to the projected 271 GW for the season.
FIMER India & Redington Solar Sign Pan-India Deal to Expand String Inverter Distribution Nationwide
The agreement positions Redington Solar as the new distribution partner for FIMER string inverters, leveraging Redington's nationwide reach to bring FIMER's cutting-edge technology closer to C&I customers, solar developers, EPCs and rooftop installers all over the country.
Adani Group stocks rise up to 3% after US Justice Department drops all charges against Gautam Adani
Adani Group stocks rose up to 3% after US Department of Justice dropped all criminal charges against Indian billionaire Gautam Adani and his nephew Sagar Adani, concluding a 19-month legal battle. This development, alongside a $275 million settlement with the US Treasury for sanctions violations, lifts uncertainty over the Adani Group's expansion plans. The group had faced allegations of bribery and fraud linked to solar power contracts.