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AVG Logistics gains after securing long-term transportation contract from Haldiram Nagpur
AVG Logistics advanced 2.86% to Rs 172.75 after the company announced that it had secured a long-term transportation contract from Haldiram Nagpur, a leading player in India's FMCG sector.
The conviction in India continues to be very high: Citi's Achintya Mangla
India is a significant market for Citi, with growth expected in AI, energy, and data-center infrastructure. Foreign investors are currently cautious, questioning India's position in the global AI race and seeking improvements in ease of doing business. Despite short-term volatility, long-term conviction in India remains strong, supported by favorable demographics and growing manufacturing.
CleanMax shares soar 15% to record high on Meta partnership
CleanMax Enviro Energy Solutions shares surged 15% to a 52-week high after announcing a 900 MW renewable energy partnership with Meta Platforms. The projects include solar and wind assets, with Meta purchasing 100% of environmental attributes. The deal strengthens Meta’s clean energy goals and reinforces CleanMax’s position in India’s C&I renewable energy market, backed by strong long-term customer contracts.
Motilal Oswal sector of week: Plastic pipes; Astral, Supreme Ind top bets
India's PVC demand is projected to remain significantly ahead of domestic supply, supporting long-term growth opportunities
DEE Development Engineers Ltd bags Rs 387 crore contract from Bharat Petroleum
Engineering firm DDEL secured a significant Rs 386.83 crore contract from Bharat Petroleum Corporation Ltd. This order is set to be executed until February 2028, providing long-term revenue visibility. DDEL's order book now exceeds Rs 2,400 crore, positioning the company for sustained growth. The company is expanding its participation in high-value opportunities both domestically and internationally.
UP Electricity Regulatory Commission approves long-term procurement of 511 MW hydropower from Bhutan project
UPERC clears UPPCL plan to buy 511 MW hydropower from Bhutan Khorlochhu project via TPTCL, aiding Uttar Pradesh demand and clean energy targets.
Hindustan Zinc plans Rs 50k-cr capex pipeline for next 5 years
Hindustan Zinc will invest ₹40,000-50,000 crore in the next five years. This will double refined metal capacity and ore production. Metal reserves will more than triple. The company has approved new projects costing nearly ₹17,000 crore. This expansion aims to boost production and secure long-term mining operations.
India’s long-term growth story intact despite high valuations: Citigroup CEO Jane Fraser
India's economy faces temporary global challenges. Citigroup CEO Jane Fraser states the nation's strong tech talent and diverse economy ensure its long-term growth. Foreign investors are reassessing valuations and risks. Despite current market volatility, India's fundamental economic story remains robust. The world's multipolar shift is seen as beneficial for India.
India eyes Venezuelan upstream & downstream energy sectors; Modi-Gomez explore partnership in critical minerals & mining too
India is seeking a long-term energy partnership with Venezuela. Prime Minister Narendra Modi held talks with Venezuela's acting President Delcy Eloina Rodriguez Gomez. Discussions covered crude oil supply diversification and cooperation in critical minerals. Both nations also explored expanding commercial ties in pharmaceuticals, agriculture, and transportation. A technical team from India will visit Venezuela soon to explore opportunities further.
Petrol, diesel price hikes in India remain 'very minor' compared with global peers: Hardeep Singh Puri
India's fuel price hikes are minor globally, with the nation ranking second lowest. This stability stems from a focused energy strategy. The government balances energy security with affordability. India is promoting ethanol blending and flex-fuel vehicles. This transition is structural, accelerating cleaner energy adoption across millions of vehicles. Such moves align with India's long-term energy roadmap.
Market Trading Guide: Ather Energy among 2 stock recommendations for Thursday
Domestic markets rebounded from early losses despite rising Iran-US tensions, supported by strong gains in banking stocks. Analysts have recommended Ather Energy and J&K Bank for Thursday, citing bullish breakouts, healthy volumes, strong momentum indicators and favorable long-term technical structures.
BofA sees FY27 earnings growth slowing to 8.5%; capex outlook stays strong
Amish Shah, Head of India Research at Bank of America Global Research, said higher commodity prices, the West Asia conflict and rising inflation could put pressure on growth and earnings in the first half of FY27. However, he believes the government is unlikely to reduce capital expenditure despite fiscal concerns. Shah also highlighted long-term opportunities in sectors linked to energy security, electric vehicles, defence, AI investments and data centres.