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The shares of CIAN Agro Industries, Indo Tech Transformers, HFCL, Ideaforge Technology and others more than doubled in the first 25 sessions of FY27 which began on April 1 this year. This came while benchmark index Sensex jumped 7% during the period, recovering some losses after the sharp selloff in March triggered by the skyrocketing oil prices and raging Iran-US war.
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News and Media
MSCI has excluded Adani Energy Solutions from inclusion in its indexes during the May 2026 review after the stock was placed on an Ineligible Alert Board due to Indias ASM surveillance framework. MSCI said securities under the Short-Term or Long-Term Additional Surveillance Measure (ASM) will not be added to its Investable Market Indexes during periodic reviews.
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News and Media
Texmaco Rail & Engineering shares rose sharply after reporting a 45% rise in Q4 net profit. Despite lower revenue, margins improved, while a Rs 4,045 crore South Africa order win and defence foray plans boosted sentiment. The stock hit an intraday high amid strong growth and a global expansion outlook.
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News and Media
Cohance Lifesciences shares dropped significantly after reporting an 84% year-on-year decline in March-quarter net profit. Jefferies downgraded the stock to "Underperform" citing management instability and weak visibility, while Goldman Sachs maintained its "Buy" rating, seeing long-term opportunities despite a challenging near-term outlook.
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News and Media
Vodafone Idea shares surged 7% to a four-month high after announcing a board meeting on May 16 to consider a fundraise via equity and warrants. This follows a significant reduction in its adjusted gross revenue (AGR) dues by the government, boosting investor confidence.
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News and Media
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