Market News
Stay updated with the latest market trends, earnings, and economic indicators.
L&T's industrial electronics arm partners EVR Motors to manufacture EV traction motors in India
The partnership combines LTEPS’ engineering, systems integration and manufacturing capabilities with EVR Motors’ traction motor technology. The traction motors are proposed to be manufactured at LTEPS’ facility in Coimbatore, Tamil Nadu.
BGR Energy Systems reports consolidated net loss of Rs 767.94 crore in the March 2026 quarter
Sales decline 61.47% to Rs 50.12 crore
India's power transmission infra set for Rs 9 trillion upgrade as renewable push accelerates: Report
India is set for a massive power transmission investment of nearly Rs 9 trillion by 2032, according to a Kotak Neo report. This will support the country's clean energy goals by building essential grid infrastructure. Renewable energy capacity is growing rapidly, requiring extensive transmission lines and substations. High-Voltage Direct Current systems will be crucial.
Persistent Systems and Kong announces strategic partnership to scale enterprise AI adoption
Persistent Systems and Kong, a leading developer of API and AI connectivity, today announced a strategic partnership to help enterprises implement the control layer required to scale AI securely and reliably. Persistent is uniquely positioned as Kong's global systems integration partner, combining its engineering-led approach with Kong's unified API and AI connectivity platform to simplify integration, strengthen governance and accelerate enterprise AI adoption.
Titagarh, Jupiter Wagons shares rally up to 10% amid reports of Rs 40,000 crore order from Indian Railways
Railway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is expected over the next three to four years. The tender could be worth Rs 40,000 crore. This news boosts companies like Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail & Engineering. Investors are watching these developments closely.
Rs 420 crore share buybacks: Welspun Living, CMS Info Systems turn ex-record date today. Tracking any?
Welspun Living and CMS Info Systems shares will trade ex-record date for their buybacks totaling Rs 420 crore. Investors await details on entitlement ratios and offer windows. Welspun Living plans to repurchase shares at Rs 175, while CMS Info Systems will buy back at Rs 340 per share.
Elon Musk hiring engineers for SpaceXAI, says no prior AI experience needed: ‘Smart humans figure it out fast’
SpaceX CEO Elon Musk has launched a hiring push for “world-class engineers/physicists” for SpaceXAI, saying applicants do not need prior AI experience. The move signals SpaceX’s growing focus on artificial intelligence across rockets, Starlink and future autonomous systems.
Avalon Technologies Gets Bullish Initiation From Nomura — Check Target Price
Nomura expects trends such as nearshoring, clean energy and battery energy storage systems to create meaningful opportunities for outsourced industrial EMS companies.
JSW Energy to raise stake in Toshiba power equipment venture with ₹150 crore deal
JSW Energy to raise stake in Toshiba JSW Power Systems to 20.7% via ₹150 crore share purchase from Toshiba, boosting turbine access and thermal expansion plans
Astral Ltd leads losers in 'A' group
TD Power Systems Ltd, KRN Heat Exchanger and Refrigeration Ltd, Jai Balaji Industries Ltd and KEC International Ltd are among the other losers in the BSE's 'A' group today, 19 May 2026.
Reliance in talks with Chinese battery behemoth CATL & others for big battery system parts
Reliance Industries is in talks with China’s Contemporary Amperex Technology Co. Limited and other global suppliers to source components for battery energy storage systems as it pushes ahead with its clean energy plans.
Ford stock jumps 21% in two days as AI rally spreads beyond tech stocks
Ford shares surged 21% in two days after the automaker doubled down on AI-linked energy storage, as investors bet on rising demand from data centers and grid battery systems.