Cochin Shipyard OFS: The Indian government has launched OFS in seven PSUs during FY27. Despite short-term pressure, analysts see recovery potential. (Image: ET Now) State-owned stocks have been in focus in 2026 as the Indian government has already launched offers for sale (OFS) in six PSU companies, with Cochin Shipyard becoming the seventh to join…
Shares of TARC Ltd. surged more than 13% on Tuesday, July 7, reacting to the company’s operational business update for the March quarter. The luxury real estate developer reported pre-sales of ₹602 crore in the first quarter, marking a three-fold increase from the previous year and signalling strong demand and execution momentum, the company said….
Shares of Adani Power Ltd. declined on Tuesday, July 7, even as brokerage firm IIFL Capital initiated coverage on the stock. IIFL Capital has initiated coverage with a “buy” recommendation on Adani Power with a price target of ₹240 per share, indicating an upside of 9% from its previous close. The brokerage said it likes…
Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in…
Shares of Premier Energies Ltd. gained as much as 1.5% after the company said it received orders worth ₹3,011 crore in the first quarter of financial year 2027, in official statement released on Tuesday, July 7. The orders, booked in the April-June quarter, cover the supply of 1,846 MW of solar cells and modules, with…
Shares of Info Edge (India) Ltd. gained as much as 10% on Tuesday, July 7, reacting to their provisional business update for the first quarter of the financial year 2027. This is the biggest single-day gain for the stock since April 2024. The company’s strong double-digit growth continued in the June quarter as well and…
Shares of Titan Company Ltd. surged over 3% on Tuesday, July 7, to hit a fresh 52-week high of ₹4,655.90 after the Tata Group company reported a stronger-than-expected business update for the June quarter. Titan’s consumer businesses recorded revenue growth of 41% year-on-year during the quarter, driven by robust demand across its jewellery, watches and…
Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
As part of the OFS, Temasek-backed MacRitchie Investments will sell up to 24.7 million shares, followed by Fitness First Luxembourg with up to 19.6 million shares, IDG Ventures India Fund III with up to 17 million shares, founder Mukesh Bansal with up to 16 million shares, Tata Digital with up to 15.9 million shares, Chiratae…
