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Quantum Advisors' Nilesh Shetty sees value in private banks and IT; trims exposure to metals
Nilesh Shetty, Portfolio Manager at Quantum Advisors, believes India could benefit if the global AI trade loses momentum, though he does not expect foreign inflows to pick up meaningfully amid concerns over the rupee and geopolitical tensions. The fund remains positive on private sector banks, insurance companies and large-cap pharma stocks, while selectively adding IT services and logistics names. At the same time, it has been trimming metal and commodity exposure after a strong three-year rally, with Shetty seeing better opportunities in IT for patient investors. 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.
I Squared Capital explores India-focused vehicle with upto 5,000 cr corpus
I Squared Capital would focus on sectors such as transport & logistics, energy transition, digital and environmental infrastructure, social infrastructure and other related enabling services
Tiger Logistics retains IVR A- rating; outlook revised to Negative by Infomerics
Tiger Logistics (India) said Infomerics Valuation and Rating has reaffirmed its long-term credit rating at IVR A- and short-term rating at IVR A2+ for bank facilities aggregating Rs 45 crore.
Stock Alert: APSEZ, Infosys, Dhanuka Agritech, Concord Biotech, Mufin Green Finance, Canara Bank
Adani Ports & Special Economic Zone (APSEZ) handled cargo volumes of 48.3 million metric tonnes (MMT) in May, marking a 16% year-on-year increase, driven by strong growth across key ports and cargo segments. However, the company's logistics business witnessed a decline, with rail volumes falling 19% year-on-year to 48,170 TEUs during the month.
Adani Ports May Update: Cargo volumes up 16%, logistics rail volumes slides 19% YoY
Shares of Adani Ports and Special Economic Zone Ltd ended at ₹1,816.00, up by ₹32.75, or 1.84%, on the BSE.
Delhivery and domestic pharma remain key bets for Bay Capital’s Nikunj Doshi
Nikunj Doshi, CIO-PMS at Bay Capital, says optimism around AI may be helping Indian IT stocks recover, but the sector still faces uncertain times as companies assess the long-term impact of AI and rising token costs. He remains cautious on calling a bottom in IT stocks. Doshi is more bullish on niche NBFCs, logistics player Delhivery and domestic pharma companies, while avoiding PSU and defence stocks due to changing government priorities.
Indian Railways achieves 145 million tonnes freight loading in May despite global headwinds
The increase in loading has been achieved despite challenges arising from the ongoing geopolitical situation in West Asia and its indirect impact on logistics and supply chains. Indian Railways remained focused on ensuring uninterrupted movement of essential commodities across the country through continuous operational monitoring and efficient asset utilisation, it added.
Aegis Logistics shares rally 4% as Q4 profit rises 45% YoY; Board recommends dividend
Aegis Logistics shares rose sharply after the company reported a 45% year-on-year rise in Q4 FY26 consolidated net profit to Rs 413 crore, supported by strong revenue growth. The board also recommended a final dividend of Rs 6.70 per share, boosting investor sentiment amid robust annual performance.
Notification on blending isobutanol with diesel this year: Road secretary V Umashankar
Speaking at the CII Summit on Friday, road transport and highways secretary V Umashankar said since diesel consumption is almost two times that of petrol consumption, the impact of diesel blending will be far greater on our energy security than even petrol blending. The event saw the launch of a CII Knight Frank Report which said cumulative investments of nearly $360 billion in infrastructure development in the country over the last decade has slashed India’s logistics cost to 10-10.7% of GDP in FY 2026, from 13–14% of GDP a decade ago, translating into estimated annual savings of $123–133 billion for the economy.
Aegis Logistics Q4 Results: Stock jumps 8% on strong profit, revenue growth; Margins stable
During FY26, subsidiary Aegis Vopak Terminals Ltd. completed its initial public offering and was listed on the stock exchanges in June 2025. The company also transferred its Pipavav gas storage undertaking to Aegis Vopak Terminals on a slump-sale basis, resulting in a gain of ₹114.4 crore that was recognised in other income during the year.
Share market news: This logistics stock with 38% return in 1 year to be in focus as company declares quarterl - India.Com
Share market news: This logistics stock with 38% return in 1 year to be in focus as company declares quarterlIndia.Com
JSW Steel commences 13.2 MTPA Paradeep Integrated Steel Plant project
The Paradeep Integrated Steel Plant will be developed in phases with a planned capacity of 13.2 million tonnes per annum (MTPA) and an estimated investment of about Rs 65,000 crore in phases. Spread across nearly 2,950 acres, the project is strategically located on Odisha's coastline, offering strong port connectivity, efficient access to raw materials and robust logistics infrastructure to serve both domestic and international markets.