Shares of Black Box Ltd, a leading IT solutions and infrastructure services company, hit the 5% upper circuit at ₹581.80 on NSE on Monday, June 30, 2025, after brokerage firm JM Financial initiated coverage with a ‘buy’ rating and a target price of ₹670, implying a further 15% upside from current levels. The stock has…
India’s primary market is buzzing with activity as seven Initial Public Offerings (IPOs) open for subscription and 19 IPO listings are scheduled to hit the stock exchanges during the first week of July 2025. Market analysts believe this is one of the busiest IPO weeks of the year, reflecting high investor appetite and optimism in…
Shares of ITI Ltd surged and locked in a 5% upper circuit at ₹323.80 on the NSE on Monday, June 30, 2025, after the company announced that it has received a work order worth ₹1,901 crore from Bharat Sanchar Nigam Ltd (BSNL) under the ambitious BharatNet Phase-II project. The announcement marks a significant development in…
The Initial Public Offering (IPO) of Kalpataru Projects International Ltd (formerly Kalpataru Power Transmission Ltd), one of India’s leading EPC (Engineering, Procurement and Construction) companies, has generated significant investor interest, with the spotlight now shifting to the listing day. The stock is scheduled to list on the NSE and BSE on July 2, 2025, and…
RattanIndia Power Ltd (RPL) shares continued their stellar run, rising 11% in Monday’s trade to close at ₹9.95 on the NSE, taking total gains to 35% for June 2025. The rally has been fuelled by expectations of debt restructuring resolution, operational turnaround, and strategic investor interest in India’s stressed thermal power sector. Key Highlights ✅…
Hindustan Zinc Limited (HZL), India’s largest integrated zinc producer, has contributed a whopping ₹87,000 crore to the national exchequer over the past five years, including ₹18,963 crore in FY25 alone, according to its latest corporate social responsibility and financial disclosures released on Monday. The company, a subsidiary of Vedanta Ltd, plays a pivotal role in…
The lenders of Jaiprakash Associates Ltd (JAL) are scheduled to meet on July 1, 2025, to evaluate the bids received from major conglomerates including Adani Group, Vedanta Group, and Jindal Group for its stressed cement and infrastructure assets. The meeting comes amid the company’s ongoing efforts to resolve its large debt burden under the Reserve…
Reliance Power (RPower) shares have been on a strong upward trajectory over the past week, rising 13% in just 5 trading sessions, driven by a combination of debt restructuring optimism, group-level capital infusion expectations, and technical buying momentum. The stock closed at ₹31.20 on Monday, gaining nearly 3% intraday on the NSE. Key Highlights ✅…
Foreign Portfolio Investors (FPIs) continued their selling streak in Indian government securities (G-Secs) in June, offloading ₹4,994 crore worth of bonds during the month, according to data released by NSDL and Clearing Corporation of India Ltd (CCIL). This marks the third consecutive month of net outflows from Indian debt markets, raising concerns over bond market…
In a major boost to India’s banking and infrastructure sectors, global rating agency Moody’s Investors Service has stated that the Reserve Bank of India’s (RBI) recent relaxation of infrastructure lending norms will support higher loan growth, reduce funding constraints for large projects, and strengthen economic growth momentum. Key Highlights ✅ RBI amends infrastructure lending norms…
