Page 22 - Markets News

Borosil Renewables up 10% on 5-year CVD extension on Malaysia solar glass

The buying on the counter came after Borosil Renewables welcomed the Ministry of Finance's recommendation for continued imposition of definitive CVD on imports of solar glass from Malaysia

John Cockerill hits all-time high on bagging order ₹1,250-1,300 crore order

The buying on the counter came after the company and its parent John Cockerill Metal International SA (JCMI) have received a letter of intent from JSW Vijayanagar Metallics

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.

IndusInd Bank falls 3% on insider trading, governance lapses allegations

The complaint adds to mounting scrutiny of IndusInd Bank ​after ​its March 2025 disclosure of a ₹2,000 crore derivatives accounting ​discrepancy.

IRCTC stock at 5-yr low: Is the 'monopoly story' over for the company?

IRCTC share price: Analysts attribute the underperformance to a shift in investor perception from valuing IRCTC as a high-growth digital platform to a mature and heavily regulated business.

'Downside risks are rising; allocate 20% to global markets to diversify'

Jones George, executive director, Geojit Financial Services, said that an allocation of around 20% of total assets toward international equities can provide meaningful diversification benefits.

Stocks to buy today: Analyst recommends LTM, JSW Cement; check targets

Stocks to buy today: Vinay Rajani of HDFC Securities has recommended two stocks for today - LTM and JSW Cement.

Corporate bond issuances hit 3-year low in Apr-May amid West Asia war

In April-May of FY27, Indian firms raised Rs 1.07 trillion, compared to Rs 2.53 trillion in the same period last year

Ola Electric shares drop 4% as company launches QIP to raise funds

Ola Electric has announced the opening of opened its QIP issue at a floor price of ₹37.74 per share as it moves ahead with plans to raise up to ₹1,500 crore.

Anant Raj gains 5% on signing ₹25,000 crore MoU for Haryana data centre

Anant Raj has signed a memorandum of understanding (MoU) with the Government of Haryana to invest ₹25,000 crore in large-scale data centre infrastructure across the state.

Nifty IT extends winning streak to 3rd day, up 3%; TCS, Infosys lead gains

In the past three sessions, the Nifty IT index has climbed as much as 6 per cent, while the Nifty index has declined 2.50 per cent.

Motilal Oswal sector of the week: AMC; here's why ICICI AMC is top pick

ICICI Prudential AMC remains well-positioned to benefit from rising retail participation, strong SIP traction and expanding market share across equity, hybrid and passive segments.

Stocks to buy today: LT Foods, Torrent Power, Persistent Systems

Anand James of Geojit Investments has recommended three stocks to buy today - LT Foods, Torrent Power, and Persistent Systems.

Trading ideas: Analyst bets on TVS Motor, Star Health; check targets

Shrikant Chouhan, head of equity research, Kotak Securities, has recommended two stocks today - TVS Motor and Star Health and Allied Insurance.

Sebi mulls allowing InvITs to add road expenses back into NDCF calculation

Market regulator Sebi on Monday proposed allowing InvITs to add payments made for major maintenance of road projects back into Net Distributable Cash Flow (NDCF) computation, capped at the amount funded by external debt. This mechanism should apply only to the 'Roads and Bridges' sector and requires strict unitholder approval. The proposal came after the Securities and Exchange Board of India (Sebi) received representation from the Bharat InvITs Association (BIA) regarding the treatment of debt availed by InvITs for incurring major maintenance expenses of road projects while calculating the NDCF. The industry association highlighted that although major maintenance (MM) expenses extend the road's life and enhance its quality, they cannot be capitalised under generally accepted accounting principles because they do not generate future economic benefits, such as extended concession periods or increased toll revenue. Since InvITs (infrastructure investment trusts) holding road projects

ZEEL shares jump 6% on securing broadcast rights for FIFA World Cup 2026

Zee Entertainment Enterprises Ltd. (ZEEL) has secured media rights for a slate of FIFA matches in India over the next eight years.

Cummins India: Citi bets on data centre tailwinds; sees 14% upside

Post Q4 results, Citi Research has reiterated its 'Buy' rating on Cummins India and raised target price to ₹6,700 from ₹5,200. The target implies an upside of 14% from the previous close of ₹5,881.

Tilaknagar Industries share price falls 7% as company swings to loss in Q4

Tilaknagar Industries has reported a net loss of ₹14.91 crore in Q4FY27 versus a net profit of ₹77.35 crore in the same quarter a year ago.

NMDC Steel zooms 18%, hits 52-week high on posting strong Q4 results

In the March quarter, NMDC Steel reported a consolidated net profit year-on-year (Y-o-Y) of ₹391.91 crore, as compared to a net loss of ₹473.39 crore

Asian Paints rises 4% after Q4; brokerages upbeat on demand, margin outlook

Asian Paints reported a 69.15 per cent Y-o-Y increase in consolidated net profit at ₹1,185.49 crore for March 2026 quarter. Its revenue grew by 10.79 per cent to ₹9,228.46 crore.