Sterlite Technologies is targeting ₹20,000 crore revenue by the FY29 vs ₹4,750 crore FY26 - roughly 4x growth and EBITDA margin targeted to rise from 13% in FY26 to >27% in FY29.
TBZ share price hit a new high of ₹480.85 on Friday, surging 93% over its open offer price of ₹249.61 per share.
Nuvama said UltraTech's scale ambition could intensify industry competition and its aggressive posturing on capacity, portfolio, and distribution could drive an interim de-rating for C&W industry
Ruto on Thursday ordered the ousting of Tata Chemicals Ltd. and is said to be looking for fresh investors to take over its century-old mining rights for minerals that are processed into soda ash.
According to reports, the market regulator Sebi is set to issue a consultation paper in a week proposing changes to the methodology used for determining settlement prices of derivative contracts.
Priority Jewels shares listed at ₹225 on the BSE, a premium of 12.60 per cent against the offer price of ₹200. Meanwhile, on the National Stock Exchange, it debuted at ₹230, up 15 per cent.
Technical analysts flag presence of multiple hurdles in the 24,000-24,200 region for the Nifty; on the downside, they expect immediate support at 23,800.
Aditya Birla Group forayed into the wires and cables market with an investment of ₹1,800 crore. The new business will operate through its cement arm UltraTech Cement, under the Ultravolt brand.
Move follows major uproar against the newly implemented mechanism
Higher fuel, freight and packaging costs could keep profitability under pressure, while cement demand is expected to regain momentum in the second half of FY27
The move brings the pre-open process in line with the Closing Auction Session framework, creating a more consistent auction structure around price discovery at the start and close of the trading day
Fund review: Franklin India Small Cap Fund
In the past three months, the Nifty Realty index outperformed the market by soaring 21 per cent, against a 2 per cent gain in the Nifty 50.
SML Mahindra, a subsidiary of Mahindra & Mahindra, has reported a 40 per cent rise in August sales.
Brokerage firm Motilal Oswal Financial Services noted that the company's growth performance over the past five years has been below aspirations.
Raymond share price has appreciated by 23% in the last five trading sessions, and zoomed 137% from its 52-week low of ₹320.40 hit on March 30, 2026.
Swiggy shares falling: According to an announcement by MSCI, Swiggy will be deleted from the Global Standard Indices owing to its foreign ownership limit, triggering potential passive outflows.
Solar Industries Share: In the past month, Solar Industries India outperformed the market by surging 16 per cent, compared to a 2.4 per cent decline in the BSE Sensex.
JM Financial said that the appointment of Vivek Jetley as CEO-designate of Hexaware Technologies could remain a near-term overhang until there is greater clarity on the company's strategy and outlook.
RBL Bank board is scheduled to meet on September 7, 2026 to consider and approve establishing an EMTN Programme and enabling the issuance of foreign currency bonds, notes, or any other debt securities