The initial public offering (IPO) of CMR Green Technologies, a leading non-ferrous metal recycling company focused on aluminium and zinc die-casting alloys, witnessed strong investor demand on its final day of bidding on Friday, June 5. As of 10:05 am, the IPO had been subscribed 10.6 times, with investors bidding for 24.37 crore shares against…
Shares of Titan Company Ltd. gained on Friday, June 5, as as brokerages are largely positive on the stock after its analyst meet a day prior. While CLSA and HSBC have “outperform” and “buy” ratings on Titan, Jefferies has a “hold” recommendation and see up to 24% upside from its previous close. CLSA The brokerage…
Shares of Bharti Airtel Ltd. declined on Friday, June 5, even as brokerage firm CLSA was positive on the stock. CLSA has an “outperform” rating with a price target of ₹2,310 per share on Bharti Airtel, an upside of nearly 27% from its previous close. It noted that the IPO for the company’s Africa mobile…
Shares of Bharat Forge Ltd. extended gains for the thirdconsecutive day on Friday, June 5 as the North American Class 8 truck demand remained robust in May, with preliminary net orders rising to 26,600 units, as per data released by FTR a day prior. The figure was up 4% sequentially and surged 124% from the…
Shares of Alembic Pharmaceuticals Ltd. rose from the day’s lows on Friday, June 5, after the drugmaker received final approval from the US Food and Drug Administration (USFDA) for its generic version of Haloperidol Tablets. In an exchange filing, the company said it has received USFDA approval for Haloperidol Tablets USP in strengths of 1…
Shares of Bharat Heavy Electricals Ltd. (BHEL) jumped nearly 3% on Friday, June 5, after the state-run engineering and power equipment manufacturer secured a major thermal power project order worth over ₹21,000 crore from Meja Urja Nigam Pvt. Ltd. (MUNPL). The stock has come off those highs since then. In an exchange filing, BHEL said…
Shares of Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, and Go Digit General Insurance were trading higher on Friday, June 5, following a series of block deals involving institutional investors. Groww Billionbrains Garage Ventures gained after Goldman Sachs Bank Europe SE picked up shares worth over ₹210 crore through an open market…
India’s broader equity market is likely to continue outperforming the benchmark indices for the rest of the year, according to Gautam Shah, Founder of Goldilocks Global Research, who believes small-caps, micro-caps, PSUs, real estate, pharma and chemicals remain the key themes for investors. Shah said the Nifty is likely to remain range-bound between 23,150 and…
Coal India Ltd. announced a series of measures aimed at increasing coal availability for non-regulated sector (NRS) consumers, reducing import dependence and providing greater operational flexibility to industrial users. In a statement on Friday, June 5, the state-run miner said it is offering an all-time high of 35 million tonne (MT) of coal under the…
The National Stock Exchange of India Ltd on Friday (June 5) said the number of unique trading accounts, or client codes (UCCs), on the exchange crossed the 26-crore mark in June 2026. The exchange said the latest one crore accounts were added in less than four months, while more than 4.3 crore investor accounts, or…
