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Devang Mehta prefers capital market stocks over IT sector
positive
CNBC TV18 - Markets 10d ago

Devang Mehta prefers capital market stocks over IT sector

Devang Mehta, Deputy MD & CIO-Equity at Spark Private Wealth Management, said India’s ongoing shift toward investing through mutual funds, PMS, wealth managers and capital market platforms offers a long-term growth opportunity. While remaining cautious on large-cap IT stocks due to weak growth visibility, he prefers capital market-linked businesses, power automation, engineering, manufacturing and discretionary consumption sectors, citing their potential to benefit from structural trends over the next three to five years. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

AKCAPITAONELIQUIDAONETOTALAVONMOREAXISCETFBBETF0432BFINVESTCPCAPECAPINSUREESGGROWWCAPMGROWWNXT50GROWWPOWERGVPILHDFCGROWTHHDFCNEXT50HGINFRAIVCLIQGRWBEESLIQUIDPLUSLTGILTBEESMAKEINDIAMANUFGBEESMBELMOCAPITALMOGSECMOMGFMONEXT50MOSERVICENEXT30ADDNEXT50NEXT50ADDNEXT50BETANEXT50ETFNEXT50IETFNUVAMASBIETFCONSBILIQETFSNXT30BEESTWCGOLDETFWEALTHCapital GoodsConstruction
NEWS
positive
Business Standard - Markets 10d ago

Varroc Engineering partners with TOLYY to localise next-generation digital cockpit solutions

Varroc Engineering said that it has entered into a strategic cooperation agreement with China-based TOLYY OPTRONICS to localise and supply next-generation digital cockpit display solutions for global passenger and commercial vehicle platforms.

GLOBALHGINFRAMBELVARROCZFCVINDIAAutomobile and Auto ComponentsConstruction
Rs 3,300 Crore Order Book: Engineering Company Secures Rs 1,300 Crore Order From JSW Group Company - Dalal Street Investment Journal
positive
Google News - India Markets 10d ago

Rs 3,300 Crore Order Book: Engineering Company Secures Rs 1,300 Crore Order From JSW Group Company - Dalal Street Investment Journal

Rs 3,300 Crore Order Book: Engineering Company Secures Rs 1,300 Crore Order From JSW Group CompanyDalal Street Investment Journal

BFINVESTHGINFRAJSWHLJSWINFRAMBELConstructionFinancial Services
Who Is Prashant Lokhande, The New CBSE Chairman Appointed After OSM Row?
neutral
NDTV Profit 10d ago

Who Is Prashant Lokhande, The New CBSE Chairman Appointed After OSM Row?

Sitaram brings a technical background to the role with a Mechanical Engineering degree.

HGINFRAMBELConstruction
NEWS
positive
Business Standard - Markets 10d ago

AJAX Engineering appoints Ketan Pendse as CFO

AJAX Engineering announced the appointment of Ketan Pendse as its chief financial officer (CFO) and key managerial personnel, effective June 2, 2026.

AJAXENGGHGINFRAJMFINANCILMBELCapital GoodsConstruction
NEWS
positive
Business Standard - Markets 10d ago

Bajel Projects gains on bagging mega order for GIS substation in Mumbai

Bajel Projects rose 1.32% after it has bagged an order from a Datacenter Client (Mumbai) for design, engineering, procurement, supply, erection, commissioning & performance testing of a 400/220/33 KV GIS Substation for a Data Center project.

BAJELGENCONHGINFRAMBELRPPINFRACapital GoodsConstruction
Deven Choksey remains bullish on select mid-tier IT stocks, sees up to 20% upside
positive
CNBC TV18 - Markets 10d ago

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.

BFINVESTHGINFRAKPITTECHLTGILTBEESMBELSOLARINDSTATAELXSITATAINVESTTATATECHChemicalsConstruction
NEWS
neutral
Business Standard - Markets 10d ago

Indu Engineering & Textiles standalone net profit rises 83.33% in the March 2026 quarter

Sales decline 3.77% to Rs 3.57 crore

HGINFRAMBELConstruction
Bye Bye Copilot? Microsoft Unveils Its Own Proprietary New AI Models To Reduce Reliance On Open AI
positive
NDTV Profit 10d ago

Bye Bye Copilot? Microsoft Unveils Its Own Proprietary New AI Models To Reduce Reliance On Open AI

The headline launch was MAI-Thinking-1, Microsoft's first advanced reasoning-focused AI model designed for complex enterprise and software engineering tasks.

HGINFRAMBELRELIANCERELINFRARSSOFTWAREConstructionInformation Technology
NEWS
positive
Business Standard - Markets 11d ago

Concord Enviro Systems arm bags Rs 16-cr order for ZLD systems

Concord Enviro Systems said that its arm, Rochem Separation Systems (India), has secured an order of Rs 16 crore from a specialized rail engineering and manufacturing company for the installation of Zero Liquid Discharge (ZLD) systems.

CEWATERENVIROHGINFRALIQUIDMBELRSYSTEMSTEXRAILTITAGARHCapital GoodsConstruction
Indian startups cut usage, buy credits as weak rupee raises AI costs
positive
LiveMint - Companies 11d ago

Indian startups cut usage, buy credits as weak rupee raises AI costs

Many AI startups are also focusing on prompt engineering to minimize the number of tokens consumed while interacting with foreign AI models. By designing prompts more efficiently and reusing existing responses wherever possible, companies can contain expenses.

HGINFRAMBELConstruction
'Promise Of AI': Nvidia CEO Sees Tech Jobs Growing; Trashes Mass Unemployment Fears
positive
NDTV Profit 12d ago

'Promise Of AI': Nvidia CEO Sees Tech Jobs Growing; Trashes Mass Unemployment Fears

Nvidia's Jensen Huang said AI is creating, not destroying, software engineering jobs as companies increasingly adopt the technology.

HGINFRAMBELRSSOFTWARESATECHTECHZTECHConstructionFinancial Services