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Adani companies extend rally to recoup losses sparked by Hindenburg
Adani Group companies have recovered nearly $150 billion in market value lost after the 2023 Hindenburg report. Strong rallies in Adani Power, Adani Total Gas and Adani Enterprises, along with easing regulatory concerns and rising investor confidence, have driven the conglomerate’s remarkable market comeback.
Trade Setup for May 27: Nifty holds on to key levels as market moves from one expiry to another
The Nifty Bank was the key contributor in the Nifty exhibiting sluggish moves on expiry day, but unlike the Nifty, the banking index continued to trade in a broad range. Despite a 500-point fall from the day's high, the index managed to hold on to the 55,000 mark on a closing basis, something the bulls could take heart from. Tuesday's high of 55,536 will be the first level to watch on the upside.
Unfreeze $12 Billion: Iran Sets Price For US Peace Deal MoU, Says Report
The Tasnim News Agency report further stated the estimated sum total value of the frozen assests is at $24 billion.
Mirae Asset Sharekhan predicts up to 150% upside in these 3 midcap stocks
Midcaps to buy: Muthuselvaraj, Research Analyst at Mirae Asset Sharekhan expects Adani Total Gas to hit ₹1,850 levels; JSW Energy and Astral to rally over 50% as Nifty MidCap hits new life-time high.
Bernstein says Aadhar Housing, Home First, other housing stocks can rally up to 34%. Here are 3 reasons why
Bernstein sees a significant rally potential of up to 34% in affordable housing finance stocks like Home First Finance and Aptus Value Housing. Favorable trends, improving business momentum, and stable operating conditions are driving this optimism. Despite attractive valuations, the sector benefits from low mortgage penetration and a strong competitive moat.
Aarti Pharmalabs Q4 Results: Shares slide 6% as forex loss, one-offs impact earnings performance
Aarti Pharmalabs recognised fair value losses related to a target redemption forward contract entered into during FY25 for hedging anticipating US dollar export inflows. The total fair value impact recognised in FY26 stood at ₹29.7 crore.
Va Tech Wabag secures repeat order from Delhi Jal Board
Va Tech Wabag secured a medium value Design, Build, Operate (DBO) order, from the Delhi Jal Board (DJB) towards Design, Engineering, Construction and Commissioning (EPC), followed by Operation & Maintenance (O&M) of 17 MGD Wastewater Treatment Plant (WWTP) at Mitraon along with Sludge Dewatering Facility, Pumping Stations and associated piping works.
ICICI Prudential AMC buys Mumbai’s VIOS Tower office for Rs 525 cr
ICICI Prudential Asset Management Company has bought nine floors in Mumbai's VIOS Tower. The deal is valued at over Rs 525 crore. This acquisition was made through their office yield fund. The acquired space is fully leased to established companies. This move strengthens the fund's presence in income-generating commercial real estate. India's office market continues to attract significant investor interest.
QSR chains brace for slower growth, margin pressure after weak FY26 demand
QSR chains are shifting focus from rapid expansion to profitability, emphasizing value meals and cost management in response to changing consumer spending habits.
IndiQube reports Rs 1,469 crore revenue in FY26, a growth of 37% Y-o-Y
IndiQube Spaces Limited achieved Rs 1,469 crore revenue in FY26, marking a 37% year-on-year growth. The company expanded its capacity by adding 28,000 seats. Occupancy remained strong at 88%. Value-added services now contribute 15% of revenue. IndiQube's presence spans 17 cities and 130 properties across India.
SoftBank Group share price jumps 20%, gains $35 billion in market value as Nvidia earnings revives AI momentum
SoftBank Group shares jumped 19.85% to 6,039 yen, adding nearly $35 billion to the company’s market capitalisation in a single session. The conglomerate’s total market value now stands at approximately 34.49 trillion yen.
HG Infra shares in focus after ₹4,100 crore order book hit from MSRDC; Details here
The total impacted order value is worth ₹4,142 crore as a result of the cancellations. At the end of the third quarter, HG Infra had reported an overall order book of ₹13,625 crore. Numbers for the March quarter are yet to be disclosed.