It’s inside your phone, your fighter jet, and the next generation of nuclear reactors. Why does it cost so much? A metal most people have never heard of is now one of the most expensive materials on Earth. High-purity hafnium trades for an estimated $13 million to $15 million a tonne, according to industry figures…
Srikanth Velamakanni, Co-Founder and Group Chief Executive of Fractal said the pain hitting Indian IT services stocks is temporary, predicting the sector’s structural challenges will largely play out within 12 to 18 months as AI reshapes how technology work gets done. Velamakanni said, “The demand for software for tech is only increasing. Companies are becoming…
Shares of Cipla Ltd. gained as much as 4% on Monday, June 22, after brokerage firm Citi reiterated its bullish stance on the pharmaceutical major and placed it on a 90-day positive catalyst watch. Citi maintained its ‘Buy’ rating on the stock with a target price of ₹1,700, implying a potential upside of nearly 26%…
Shares of New India Assurance Company Ltd. extended their gains for the seventh consecutive trading session on Monday, June 22, to hit a fresh 52-week high. The stock has gained 47% over this seven trading sessions and surged to a new 52-week high of ₹215.59 apiece on Monday. This is the longest winning streak for…
Merely getting a licence from the Department of Telecom (DoT) to provide satellite communication services will no longer be enough; companies will need security clearance even after the assignment of spectrum to roll out their services, according to draft rules issued by the government. Satellite companies will get radio waves without auction through an administrative…
Shares of Cochin Shipyard Ltd. remain in focus on Monday, June 22, after sources told CNBC-TV18 that the Central government is planning to launch an Offer for Sale (OFS) in the state-run shipbuilder. The proposed stake sale is part of the government’s ongoing disinvestment programme aimed at raising resources through OFSs in public sector undertakings…
Chinese artificial intelligence-related stocks jumped, with sentiment boosted by a more supportive policy tone from Beijing and ongoing global demand for the technology. Shares of large language model (LLM) developers Zhipu, formally known as Knowledge Atlas Technology, and MiniMax Group surged at least 23% each in Hong Kong, bringing their year‑to‑date gains to about 2,000%…
Shares of Tata Communications Ltd. extended their gains for the third consecutive day on Monday, June 22, and hit a fresh 52-week high. The stock has risen 11% over three sessions and is currently in the “overbought” territory. The Relative Strength Index (RSI) on the charts for Tata Communications is at 71. An RSI reading…
George Thomas, Fund Manager-Equity at Quantum AMC, which managed assets worth over ₹3,948.11 crore as of March 2026, believes lower crude prices could benefit oil marketing companies, gas utilities and businesses dependent on crude derivatives. However, he cautioned investors against relying on volatile earnings and advised focusing on normalised profit levels and valuations. Thomas said…
Advit Jewels Ltd on Monday (June 22) raised ₹49.52 crore from anchor investors ahead of its initial public offering (IPO). Among the anchor investors are Holani Venture Capital Fund-1, Mint Focused Growth Fund PCC-Cell 1, Venus Investment VCC Venus Stellar Fund and Taurus Mutual Fund, according to a circular uploaded on the BSE website. The…
