Page 10 - Abhinav Ranjan

Devyani International, Sapphire Foods rally up to 9% on merger approval

Devyani International and Sapphire Foods merger will take place through a share-swap mechanism. Under the share swap ratio, 177 shares of DIL will be issued for every 100 shares of Sapphire Foods.

Systematix backs Nestle India's rural expansion; recommends 'Hold'

Systematix has maintained a 'Hold' rating on Nestle India, valuing the stock at FY28E P/E of 65x for a target price of ₹1,460.

OMCs rally: IOC, BPCL, HPCL gain up to 4% as oil retreat boosts sentiment

A reopening of the Strait of Hormuz would provide significant relief for India by easing concerns over oil supplies, lowering freight costs and reducing pressure on inflation.

IFCI share price zooms 69% in 2026: Why is this PSU stock surging?

IFCI has indirect exposure to NSE through its 52.8% stake in Stock Holding Corporation of India Ltd (SHCIL). SHCIL owns a 4.4% stake in the stock exchange, which is preparing to list its shares.

L&T share price gains 4% on West Asia deal; analysts stay bullish

L&T has a strong presence across infrastructure, hydrocarbon, power transmission, and industrial projects in various countries of the Middle East.

IndiGo, SpiceJet rally up to 7% as crude oil decline lifts D-St sentiment

ATF typically accounts for about 40 per cent of airline operating expenses and can rise to as much as 60 per cent during periods of sharp volatility.

Vedanta up 3% ahead of listing of four demerged entities; should you buy?

Four companies that have taken shape following demerger from Anil Agarwal's Vedanta Ltd will list on the BSE and NSE on Monday (June 15).

Sugar stocks gain up to 5% on E22-E30 petrol duty waiver; check top picks

According to a Ministry of Finance notification, the government has removed excise duty on petrol blended with ethanol content of 22% (E22), 25% (E25), 27% (E27), and 30% (E30).

MTAR Tech share price falls 11% as US client faces project uncertainty

The sharp decline in MTAR Technologies shares today followed reports that Crusoe Energy Systems LLC has paused work on a project in Wyoming, for which Bloom Energy was contracted as fuel cell supplier

Fertiliser stocks in demand: Chambal, FACT, Aries gain up to 5%; here's why

Fertiliser stocks are in high demand today after reports said that a surge in global fertiliser prices is likely to double the fertiliser subsidy bill from the Budget estimate of ₹1.7 trillion.

Clean Max surges 15% to record high on 900 MW partnership with Meta

Clean Max Enviro Energy Solutions and Meta have announced a 900 MW renewable energy partnership in India.

Ola Electric stock sprints 116% from record low levels; good time to ride?

Ola Electric share price today: From the record lows of ₹22.25, touched on March 16, 2026, Ola Electric shares have zoomed a whopping 116 per cent, according to NSE data.

JNK India shares jump 12% on large order win; stock up 94% in 2026 so far

Today's buying activity in JNK India was buoyed by an announcement that the company has received a large order from CC7 Emirates Engineering Solutions L.L.C., UAE for waste gas handling systems.

Reliance Infra shares hit 5% upper circuit, up 33% in 6 days; here's why

Reliance Infrastructure has submitted a formal representation to the Sebi and BSE, seeking a review of the ASM linked to Insolvency and Bankruptcy Code (IBC) and the related trading restrictions.

Go Digit shares climb 10% as institutional investors pick up stake

According to NSE, Aditya Birla Sunlife Mutual Fund has purchased 2.1 million shares of Digit General Insurance, while JPMorgan (Taiwan) Eastern Technology Fund also acquired 1.1 million shares.

CLSA bullish on Bharti Airtel as Airtel Money IPO nears; sees 27% upside

At $10 billion valuation, the listing could would put Airtel Money among the largest IPOs on a European exchange in recent years. London is the most likely location for the listing of Airtel Money.

Rajesh Exports shockwave hits LIC stock post Sebi crackdown; analyst weighs

LIC stake in Rajesh Exports: LIC shares traded under pressure today following developments related to Rajesh Exports, in which the insurer holds a 10.8 per cent stake.

Citi bets on electric equipment makers; picks Hitachi, GE Vernova, CG Power

Citi estimates that HVDC-related investments represent an opportunity of around ₹1.6 trillion as India works toward integrating 900 GW of renewable energy capacity by FY36.

Tenneco Clean Air up 4%; JM Fin sees 19% upside, bets on strong order book

JM Financial has reiterated its 'Buy' rating on Tenneco Clean Air India, saying a strong order book gives earnings visibility. The brokerage maintained its target price of ₹680 per share.

MOFSL on Shriram Finance: MUFG deal to aid growth; keeps Buy for 28% upside

Following the deal with MUFG, Motilal Oswal said that Shriram Finance is well-positioned to capitalise on emerging growth opportunities, supported by strong execution and deep customer relationships.