Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela's funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment positions these entities to hold nearly 3% of the company's pre-IPO equity. Steamhouse India, a Surat-based firm, operates a unique centralized steam supply model for industries and is preparing for its initial public offering.
Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGC
Indian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, signaling a robust uptrend. Key companies like LIC, IRFC, Cummins India, Tata Motors PV, and ONGC are in focus. IRFC's government offer saw strong institutional demand, while Tata Motors plans significant investment in capacity expansion. ONGC is exploring stake acquisition in Venezuela, and LIC's CFO has resigned.
FII-powered Suzlon Energy shares sit 15% below 52-week high. Will 2.0 roadmap deliver for 56 lakh investors?
Suzlon Energy is attracting steady foreign investment despite market volatility, with FIIs increasing holdings for the third consecutive quarter. The company is transforming into a full-stack renewable energy solutions provider with an ambitious FY31 roadmap, targeting significant revenue growth and market share expansion. Brokerages are optimistic about its "Suzlon 2.0" strategy, focusing on integrated wind, solar, and storage solutions, though a Sebi order remains a concern.
Meta’s $4.5-billion sandbox: what's at stake for Kunal Shah, WhatsApp and Cred
Meta’s landmark $900 million investment in Cred gives it a vital foothold in India’s UPI race and turns the premium fintech platform into a global commercial test bed for WhatsApp’s monetization push.
Jefferies picks 9 power stocks with upside potential of up to 31%. How many do you own?
Jefferies identifies the power sector as a compelling investment theme, anticipating significant growth. The firm has issued Buy ratings on nine power stocks, projecting potential upsides ranging up to 31%. These recommendations are based on evolving market dynamics and strong demand-supply drivers. Investors are encouraged to explore these opportunities for potential gains.
3 AI stocks outweigh all of India: Why this concentration is sounding EM alarm bells
Two Asian markets are heavily reliant on AI chipmakers, with TSMC, Samsung, and SK Hynix dominating emerging market indices. This concentration poses significant risk. In contrast, India's market offers diversification across sectors like BFSI, consumption, and infrastructure, presenting a potentially more resilient investment opportunity. Experts highlight India's growing AI infrastructure play, including data centers and power, as a key advantage.
Kirloskar Oil hits the upper circuit, but upside may be limited here on
Kirloskar Oil Engines shares surged to their daily limit following a substantial order from data-centre firm HyperNext for 192 megawatts of power systems. Analysts see this deal as a significant validation of the company's capabilities, potentially boosting its market share in high-horsepower segments. While near-term gains might be tempered by the recent rally, the stock remains a promising investment with analysts maintaining 'Buy' ratings and revised price targets.
Meta gets Kunal Shah to lead WhatsApp globally, but what's next for Cred?
Kunal Shah has stepped down as CEO of Cred to lead WhatsApp globally, as the Indian company secures an ₹8,550 crore investment from Meta. What's next for Cred?
Meta appoints Kunal Shah as new WhatsApp boss as part of ₹8,550 crore investment in Cred
Meta Platforms has appointed Kunal Shah to lead WhatsApp following its ₹8,550 crore investment in fintech startup Cred.
Meta Picks Kunal Shah As New WhatsApp Chief As Part Of Rs 8,550 Crore Cred Investment
Under the deal, Meta will acquire an approximately 20% minority stake in CRED.
Diamond Power Plans Major Capital Raise | Hexaware Boosts UK Presence with Investment | Top Buzzing Stocks Today - Equitymaster
Diamond Power Plans Major Capital Raise | Hexaware Boosts UK Presence with Investment | Top Buzzing Stocks TodayEquitymaster
Diamond Power Plans Major Capital Raise | Hexaware Boosts UK Presence with Investment | Top Buzzing Stocks Today - Equitymaster
Diamond Power Plans Major Capital Raise | Hexaware Boosts UK Presence with Investment | Top Buzzing Stocks TodayEquitymaster