Renowned market strategist Gautam Shah has projected a bullish outlook for India’s equity markets, asserting that midcap and smallcap stocks are poised to drive the next major rally. In a recent interview with ETMarkets, Shah emphasized that while headline indices like the Nifty have remained range-bound, the broader market is showing signs of strength, supported…
Despite mounting global trade tensions and aggressive tariff regimes, India’s economic growth remains robust, according to a recent report by SBI Capital Markets. Titled “Tariffs Are Made in the USA, But Resilience Is Made in India,” the report highlights how domestic consumption, government spending, and strategic alliances are helping India weather the storm of global…
Karbonsteel Engineering Ltd has officially opened its ₹59.30 crore Initial Public Offering (IPO) for subscription today, September 9, 2025. The three-day book-built issue will close on September 11, with listing scheduled for September 16 on the BSE SME platform. The IPO has already garnered attention in the grey market, with a grey market premium (GMP)…
PCBL Chemical Ltd, India’s largest carbon black manufacturer and a key player in the RP-Sanjiv Goenka Group, has unveiled its Vision 2030 roadmap, aiming to double its revenue to ₹16,000 crore and achieve a five-fold increase in profit after tax (PAT) by FY30. The company plans to expand capacity by 50% across all product lines,…
Samvardhana Motherson International Ltd (SAMIL), one of India’s leading auto component and diversified manufacturing giants, has laid out its ambitious Vision 2030 roadmap, targeting $108 billion in gross revenue and a 40% return on capital employed (RoCE). The company also announced a dividend payout ratio of up to 40%, signaling strong shareholder value creation and…
Bharat Forge Ltd., the Pune-based engineering and defence major, has announced a landmark expansion into advanced defence manufacturing, triggering a sharp rally in its stock price. On September 8, 2025, shares of Bharat Forge jumped over 6% to ₹1,213.30 on the BSE, following news that its step-down subsidiary Agneyastra Energetics will acquire nearly 950 acres…
Craft Emerging Market Fund PCC has acquired a 3.87% equity stake in Prime Focus Limited, a leading global media and entertainment services company, through a block deal valued at ₹187.86 crore. The transaction, executed on September 8, 2025, involved the purchase of 1.20 crore equity shares at an average price of ₹156.55 per share, marking…
JioBlackRock Mutual Fund has announced the launch of India’s first AI-powered active equity fund—JioBlackRock Flexi Cap Fund—marking a significant milestone in the evolution of tech-enabled investing. The New Fund Offer (NFO) will open on September 23, 2025, and close on October 7, 2025. This open-ended equity scheme aims to deliver long-term capital appreciation by investing…
Bharat Petroleum Corporation Limited (BPCL) has received a crucial nod from the Expert Appraisal Committee (EAC) under the Ministry of Environment, Forest and Climate Change to prepare the Terms of Reference (ToR) for its proposed ₹1.03 lakh crore Greenfield Refinery and Petrochemical Complex in Andhra Pradesh. The massive infrastructure project, set to be located at…
India’s $225 billion IT services industry is bracing for a potential disruption as the United States considers imposing a 25% outsourcing tax under the newly proposed Halting International Relocation of Employment (HIRE) Act. Introduced by Republican Senator Bernie Moreno, the bill aims to penalize US companies that outsource jobs overseas, particularly targeting service payments made…
