India’s sugarcane acreage is on track to hit 5.85 million hectares (mh) for 2026-27, flat against last year’s levels as sowing nears completion. However, with end-of-season closing stocks projected to…
Category: Market
RBI unveils dollar-rupee swap window to draw inflows, steady rupee
Mumbai: The Reserve Bank of India (RBI) on Monday operationalized the foreign currency liquidity measures announced by governor Sanjay Malhotra in Friday’s monetary policy, introducing special dollar-rupee swap facilities for…
Greenpanel down but not out: why haven’t analysts given up on MDF manufacturer?
Mumbai: Greenpanel Industries, India’s listed medium-density fibreboard maker, has shed 16% this year, but analysts are far from giving up on the stock. With capacity utilisation languishing at 55-60% and…
ChatGPT maker OpenAI files confidential IPO paperwork, eyes public listing option
ChatGPT-maker OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall…
Zepto files updated IPO papers, plans ₹8,010 crore fresh issue
Quick commerce unicorn Zepto on Monday filed updated draft papers with markets regulator SEBI to raise Rs 8,010 crore through a fresh issue of shares as part of its proposed…
Rail Vikas Nigam shares to be in focus on Tuesday as company secures ₹221 crore order
Shares of (RVNL) are expected to attract investor interest on Tuesday, 9 June, after the company secured an Engineering, Procurement and Construction (EPC) contract worth ₹221.33 crore from South East…
Marvell Technology shares jump over 15% on S&P 500 entry; up 250% in 2026
Shares of Marvell Technology resumed their winning run on Monday, 8 June, surging 15.7% to $305 and recovering all of the previous session’s losses after the chipmaker was set to…
Govt to sell up to 3% stake in NLC India via OFS at ₹303 per share
The Centre on Monday launched an offer for sale (OFS) of a 2% base stake in state-run NLC India Ltd (formerly Neyveli Lignite Corporation), with a 1% greenshoe option in…
Broker’s Call: D-Mart (Buy)
Target: ₹5,270 CMP: ₹4,056.05 D-Mart has consistently delivered 17-20 per cent CAGR revenue growth over the past several quarters, driven by 14-15 per cent expansion in its network and retail…
Broker’s Call: Yash Highvoltage (Buy)
Target: ₹1,200 CMP: ₹700.00 Yash Highvoltage (YASHHV) is structurally positioned to benefit from India’s largest-ever power infrastructure build-out. The National Electricity Plan targets addition of 1,274 GVA of transformation capacity and 191,474 circuit…