Defence stocks were in focus on Monday after a Reuters report said the United Arab Emirates is in discussions with India to acquire some of its flagship defence systems, including the BrahMos supersonic cruise missile and the Akashteer air defence network. Following the report, shares of Bharat Dynamics Ltd. rose as much as 3% to…
Organised PVC pipe and fittings manufacturers are expected to post revenue growth of 10-15% this fiscal despite a 3-5% decline in sales volumes, as higher resin prices driven by elevated crude oil prices and a weaker rupee boost realisations, according to a report by CRISIL Ratings. The ratings agency said the sector is likely to…
Securities and Exchange Board of India’s (SEBI) decision to reintroduce open-market buybacks from August 1 is expected to give listed companies greater flexibility in returning capital to shareholders, according to Mitul Shah, Partner, Capital Markets at EY India, and Bhavesh Shah, Managing Director and Head of Investment Banking at Equirus Capital. The experts said the…
Shares of Container Corporation of India Ltd. (CONCOR) edged higher on Monday, June 22, after brokerage firm Jefferies reiterated its positive stance on the stock even as it estimated a weak June quarter. The brokerage has a ‘buy’ rating on the stock with a target price of ₹600 per share, implying an upside of over…
Jio vs Airtel vs Vodafone Idea: With the Jio IPO nearing, investors are comparing it with Airtel and Vodafone Idea. (Image: AI/ET Now) Jio vs Airtel vs Vodafone Idea: With the Jio IPO inching closer to its market debut, investor interest remains elevated as it is widely expected to be one of the biggest and…
Shares of Blue Cloud Softech Solutions Ltd. rallied 20% on Monday, June 22, after the company disclosed that it is evaluating potential business opportunities in the artificial intelligence space with SpaceX International Ltd. In an exchange filing, the company said the discussions are currently at a preliminary stage and are non-binding in nature. Both parties…
Written by: Heena Ojha Updated Jun 22, 2026 13:13 IST Growth visibility for Jio remains strong, supported by aggressive technology adoption. (Image: ET NOW) Reliance Industries’ growth narrative is steadily shifting away from its legacy oil-to-chemicals (O2C) business toward consumer-facing verticals such as retail and telecom, with Motilal Oswal Financial Services (MOSL) pegging nearly 18…
Japan may have used foreign securities, including US Treasuries, to finance its record currency market intervention over the previous month, a move that could warrant attention from the US. According to a Bloomberg report, which cited the reserve data released by the Japanese finance ministry earlier this month, the country’s foreign security holdings in May…
Reliance Industries could be nearing a breakout after years of range-bound performance, with its recent AGM outlining multiple growth levers, from a long-awaited Jio Platforms IPO to ambitious AI and energy plans, that may drive the next leg of upside, according to market expert Rahul Shah. Reliance Industries has remained largely stuck in a narrow…
Turtlemint IPO Day 2: The initial public offering (IPO) of Turtlemint Fintech Solutions, a book-built issue worth Rs 882.67 crore, remains in focus as it enters the second day of its three-day subscription window. Turtlemint Fintech IPO Subscription DataInvestor response has been relatively subdued so far. As of 11:30 am on Day 2, the IPO…
