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October 09, 2025
- Daily Morning Report Date: 09.10.2025
- NIFTY OUTLOOK: 25046.15 FII: 81.28 cr DII: 329.28 cr
- As discussed yesterday, market behaviour remained on expected lines during the day. Nifty faced resistance near our level of 25200 (made a high of 25192.5), from where profit booking dragged it down to a day’s low of 25008.50 — close to our support of 25018.
- Further, a bearish candle with an upper shadow appeared on the daily chart, indicating selling pressure on every rise. If this selling persists, then on a decisive breakdown of 25000, Nifty may slip to 24955–24910. Stronger supply may even push it further down to 24865.
- However, on the upside, 25091–25139 may act as immediate resistance. A breakout and sustained move above these levels may push Nifty towards 25183–25227.
- BANK NIFTY OUTLOOK:
- SPOT: 56018.25 PCR: 1.02 Max CE OI: 57000 Max PE OI: 55000
- On 8th October 2025, Bank Nifty closed at 56018.25, down by 221.10 points (-0.39%), with a total movement of 482.60 points during the session. The index made a high of 56303.60 and a low of 55821.
- Technical View:
- Key support and resistance levels are 55200 and 56350, respectively.
- Intraday support and resistance are at 55885 and 56151.
- Intraday Technical Strategy:
- Go long above 56151 with a stop loss at 56107 and target 56284.
- Go short below 55885 with a stop loss at 55930 and target 55753.
- The Relative Strength Index (RSI) for the Nifty Bank index stands at 61.0; below 30 is considered oversold and above 70 overbought.
- Note:
- China has tightened its rare earth export controls, expanding restrictions on processing technology, prohibiting unauthorized overseas cooperation, and signaling its intent to limit exports to foreign defence and semiconductor users. Rare earths are critical components used in electric vehicles, aircraft engines, and military radar systems.
- Meanwhile, UK Prime Minister Keir Starmer expressed optimism about the free trade deal with India. Starmer is scheduled to hold bilateral talks with Prime Minister Modi on Thursday, with both sides aiming to ratify and implement the agreement within the next year. Addressing delegates of the trade mission upon arrival in Mumbai, Starmer said he had instructed his team to execute the deal as “quickly as humanly possible.”
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- Contributed by
- Ashok bhandari : INH000019549
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- TECHD CYBERSECURITY: CO SECURES ORDER WORTH ₹1.37 CRORE FOR THREAT & VULNERABILITY MANAGEMENT SERVICES FROM ONE OF INDIA’S LARGEST CONGLOMERATES
- WINSOL ENGINEERS: CO POSTS 53% REVENUE GROWTH IN H1 FY26; ORDER BOOK SURPASSES ₹240 CRORE ON STRONG RENEWABLE PROJECT EXECUTION
- H1 FY26 standalone revenue at ₹66.10 crore, up 58% YoY; Q2 revenue at ₹39.36 crore, up 53% YoY.
- Order book exceeds ₹240 crore as of 22 September 2025, reflecting strong execution visibility.
- Construction underway at Alunova Profiles Pvt Ltd to expand in-house production capacity.
- Growth driven by PM-KUSUM projects and partnerships with Suzlon, Adani Green, Juniper, WYN, and ReNew Power.
- Company has 300+ employees, ISO-certified, and provides EPC and O&M services across solar and renewable projects.
- Targets contribution to India’s 500 GW renewable energy capacity by 2030.
- @Beatthestreetnews
- ABHISHEK INTEGRATION: Abhishek Integrations Limited (AIL) has received Work Order for the wok of “Operation and Maintenance of SS, Terminal Building, MSSR, Colony and NDB at VSS Airport, Jharsuguda for two years (2025-2027) having total contract value of ₹ 2.82 cr (i/c. GST)”.
- SAATVIK Q1 HIGHLIGHTS
- Modules Production: 685 MW in Q1FY26 with a high capacity utilization of 81.47%
- Order Book: Robust and strong order book of 4.05 GW as on June 30, 2025.
- Capacity Expansion: Phase 1 of the 4 GW Odisha facility remains on schedule for commissioning by Q4 FY 26.
- Debt Equity Ratio: Improvement in Debt Equity ratio from 1.36 in Q4FY25 to 1.28 in Q1FY26.
- SUN PHARMA: NCLT APPROVES COMPOSITE SCHEME OF ARRANGEMENT FOR AMALGAMATION OF WHOLLY-OWNED SUBSIDIARIES WITH PARENT COMPANY
- NCLT Ahmedabad approved the scheme on 7 October 2025.
- Subsidiaries including Sun Pharmaceutical Medicare, Green Eco Development Centre, Faststone Mercantile, Reallestone Multitrade, and Skisen Labs to be merged with Sun Pharmaceutical Industries Ltd.
- General Reserve to be reclassified as Retained Earnings for accounting alignment.
- Move aims to simplify corporate structure, improve efficiency, and streamline operations within the group.
- @Beatthestreetnews
- IRB INVIT: IRB INVIT FUND LAUNCHES QIP WORTH ₹3,000 CR WITH UPSIZE OPTION OF ₹250 CR
- Indicative offer price set at ₹60 per unit, reflecting a 2.8% discount to the current market price.
- QIP size likely to be ₹3,000 crore with an option to upsize by ₹250 crore.
- @Beatthestreetnews
- TATA POWER ; Juniper Green Energy, Tata Power sign pact for 70 MW renewable energy project - ET
- SONA BLW , SAMVARDHANA MOTHERSON, BHARAT FORGE ; Mexico's President Sheinbaum Says Mexico and the US to hold key trade talks next week, and trade talks are going well
- SPECIALITY RESTAURANT; HEADLINE: SPECIALITY RESTAURANTS LAUNCHES “ASIA KITCHEN BY MAINLAND CHINA” IN CHANDIGARH
- New restaurant launch: Asia Kitchen by Mainland China opened on Oct 8, 2025.
- Location: Nexus Elante Mall, Chandigarh.
- Market: Domestic — aligns with expansion within India.
- Positive impact: Strengthens brand presence in North India & drives growth in premium dining segment.
- Supports revenue expansion & long-term brand footprint for Speciality Restaurants Ltd.
- Bhageria Indust.
- Launching plasticizers and ethoxylates; commercial production from Oct 8, 2025 at Tarapur (MPCB consent Oct 7).
- TEJAS NETWORK ; TEJAS NETWORKS UNVEILS INDIGENOUS 64T64R MASSIVE MIMO RADIO — BOOST TO 5G “ATMANIRBHAR” PUSH
- Launch: Ojas64, next-gen 64T64R Massive MIMO Radio, unveiled at India Mobile Congress 2025.
- Specs: Delivers up to 320W output, multi-gigabit speeds, and high energy efficiency.
- Indigenously designed & made in India, aligning with Atmanirbhar Bharat in telecom.
- Advanced innovation: Uses patent-pending algorithms and beamforming tech for better capacity & coverage.
- Backed by Minister Jyotiraditya Scindia, calling it a milestone in India’s telecom R&D.
- Positive impact: Strengthens Tejas’s position in 5G/6G infrastructure and global competitiveness.
- Order for supply of Threat and Vulnerability Technology Management Services for a duration of 1 year.
- Client is one of India’s largest conglomerates; domestic order and not a related-party transaction.
- Strengthens company’s cybersecurity service credibility with top-tier enterprise clients and enhances revenue visibility.
- @Beatthestreetnews
- Minutes of the Federal Open Market Committee, September 16–17, 2025
- https://www.federalreserve.gov/newsevents/pressreleases/monetary20251008a.htm
- Minutes of the Federal Open Market Committee, September 16–17, 2025
- NBFC gold loan AUM is expected to expand 30-35% in FY26
- Source - ICRA
- Which NBFC you looks good to you ?
- Sectoral Valuations, its good to look at this table sometimes to get some perspective on where the perception is ,and then map it out with sectoral capex , ROE and rate of profit pool growth Y0Y
- data source:Antique
- You should know the Opportunity Size in the India Power Transmission
- 3rd-largest network globally: 8.17 lakh CKM (≥220kV), 13.5 lakh MVA capacity
- Inter-regional capacity +230% since 2014 → stronger grid stability
- FY25 additions: 8,830 CKM (target 15,253 CKM); RoW & land compensation cited as bottlenecks
- National Electricity Plan (2022-32): +27,000 CKM lines & 75,000 MVA substation annually → ₹2.44 Lakh Cr investment for 500GW non-fossil by 2030
- Sector CAGR ~7.5% till 2030; PPP & policy reforms to drive expansion
- Jefferies on Adani Ent
- Buy, TP Rs 3000
- NMIA’s inauguration marks a strategic expansion in India’s aviation infra, easing congestion for MMR.
- Phase-1 adds 20mn pax capacity (total: 90mn), & bridges gaps to underserved regions
- AEL’s dual airport strategy— owning NMIA/MIAL—enables coordinated slot allocation & removes intraregional competition
- A strong non-aero focus across retail, hospitality, & RE should enhance monetisation, positioning NMIA as a high-growth asset in Adani’s airport portfolio
- Antique on Precision Wires
- Initiates coverage with a BUY rating; Target Price: ₹281
- Leading copper winding wire manufacturer catering to Power, Consumer Durables (ACs), Railways, Data Centers & EVs/Hybrids
- EVs/Hybrids use 2-3x more copper than ICE vehicles, driving strong demand
- Backward integration through copper recycling/refining to enhance margins & supply security
- Premium product mix + integration expected to drive >2x EBITDA growth (FY25–28E)
- CAGR FY25–28E: Revenue +16% | EBITDA +35% | PAT +38%
- EBITDA margin set to rise to 6.5% (from 4.1% in FY25)
- Strong balance sheet with ₹233.5 Cr net cash (FY25)
- JM Financial on Niva Bupa
- Initiates coverage on Niva Bupa - Add, TP Rs88
- Health insurance industry growing in high teens; Niva Bupa's GWP CAGR 25% (FY25-28E), then 20-25%
- Growth subdued in 2HFY25 due to premium amortization; normalizing from 2HFY26
- Combined ratio: 101% in FY25, improving to ~99% by FY28E
- PAT down 27% YoY in FY26E, recovers to Rs 460cr by FY28E
- Positives: strong distribution, scale benefits; risks: high claims, margin pressure
- Trades at 96/62/33x FY26/FY27/FY28E EPS and 1.8/1.4/1.2x GWP, implying premium vs peers
- Earnings catch-up likely from FY28E
- Nomura on Prestige
- Buy, TP Rs 1900
- Co’s presales grew 50% y-y to Rs 60bn in quarter (ahead of est. Rs 47bn)
- Beat driven by one more plotted development launch towards fag end of the quarter (Crystal Lawns – GDVINR5.3bn, which was not accounted for )
- & stronger-than-expected sustenance sales of roughly Rs 40bn
- One key theme which believe is reflecting in 2QFY26 reported nos is strong sustenance sales from existing inventory
- MS on Prestige
- TP: Rs 1,900, maintain Overweight
- 2QFY26 pre-sales: Rs 6,000cr (+50% YoY), 26% above estimate
- 1HFY26 pre-sales: 70% of FY26 midpoint guidance (Rs 26,000cr, +53% YoY)
- Pending launch pipeline: ~Rs 28,400cr (as of 1QFY26), provides strong visibility toward FY26 guidance (Rs 25,000-27,000cr)
- 2Q LTM pre-sales: +65% YoY (1Q: +30% YoY), strongest among peers
- Collections: Rs 4,210cr (+54% YoY); 1H collections up 55% YoY
- Strongest FY26 pre-sales growth among peers, aided by diversification and market share gains in Mumbai and NCR
- Upside driver: Crystal Lawns, Bangalore launch (Rs540cr GDV);
- total 3.87 msf new launches in 2Q across Bangalore & NCR
- GS on Interglobe Aviation
- Buy, TP Rs 6000
- Recent trends highlight a moderation in domestic air traffic, though international traffic continues to demonstrate strong growth
- With capacity expansion and robust demand across global routes, expect international travel to remain the primary engine for growth in coming quarters
- Expect market leader IndiGo to deliver 11% CAGR (FY25-28E) in ASK driven by 19% CAGR (FY25-28E) in International expansion.
- IndiGo is well-positioned to capitalise on international with better pricing, and a more extensive pipeline of new routes, helping it sustain growth.
- MS on Energy & Chemicals
- Indian energy markets are diffusing across oil, gas, biofuels, chemicals, and photons, driving tech-led capital realignment
- his supports large-cap integrated energy plays amid SOE reforms, robust domestic demand, and a China anti-involution pivot
- Prefer RIL, PI, Tata Chemicals, and OMCs.
- CLSA on PVR
- O-P, TP Rs 1920
- Indian gross box office collections up 20% YoY YTD & festive season ahead should help to allay concerns over structural risks for multiplexes, including from streaming services
- India has immense movie content and YTD Bollywood/Hollywood film releases are up by ~25% YoY.
- Meanwhile sector leader PVR Inox with 1,743 screens across 111 cities continues to expand, funded by internal accruals.
- CLSA on IRB Infra
- O-P, TP Rs 72
- 2QFY26 tolling trends was that overall toll growth improved to 9% YTD vs 8% in 1Q despite early arrival of monsoons as of Sep 2025 & 2Q tolls rose 11% YoY
- Importantly, toll growth rate doubled in FY26 YTD at 100% owned (6% YoY) and Public InvIT (7% YoY), while tolls at its private Infrastructure Trust (InvIT) assets rose 11%.
- Toll revenue from its flagship Mumbai-Pune e-way is up 4% YoY in 1HFY26 vs 2% over same period in FY25.
- IRB InvIT’s board approved debt refinancing, which should support its dividends
- CITI on Eternal
- Buy, TP raised to Rs 395 from Rs320
- Growth momentum in Blinkit remains stellar – focus on user acquisition is visible in acceleration in app-traffic, continued investment in dark store expansion, & new cities additions
- Believe, this has further solidified Blinkit’s market leadership in recent Qs, driving upside to growth and margins –
- Now expect FY26/27E QC GOV growth at 123%/57% YoY.
- Expect Adj EBITDA margin break-even in 3QFY26 & further expansion to 1.9%/3.0% of GOV in FY27/28E
- On Food Delivery, continue to expect stable trends with growth in mid-high teens range and margins at 4.3/4.5% in FY26/27E.
- CITI on Lupin
- Buy, TP Rs 2260
- Lupin is setting up a new respiratory facility in US with investments of US$250m over next five years.
- Given respiratory is an important segment for the company, having an additional facility in the US will help co de-risk its complex inhaler pipeline
- Separately, investment in US may also help the company smoothly navigate geopolitical risks like tariffs as have seen Trump administration’s recent softer stance on cos making investment announcements
- MOSL on Delhivery
- Target Price: ₹540 | Rating: Buy maintained
- Processed 104.4M shipments in Sept’25 — strong festive start
- PTL & Supply Chain Services remain high-growth, underpenetrated segments
- Core margin expansion driving capital efficiency
- EBITDA margins expected to sustain at 16–18% over next 2 yrs
- Forecast CAGR (FY25–28): Sales +14% | EBITDA +38% | APAT +53%
- Citi on Swiggy
- Target Price: ₹495 (↑ from ₹465) | Rating: Buy
- Food Delivery: GOV +19% YoY | Revenue +21% YoY | Adj. EBITDA margin 2.8%
- Quick Commerce: GOV +23% QoQ / +106% YoY | Revenue +26% QoQ / +111% YoY | Margins -2.9%
- Overall: Revenue +64% YoY | Adj. EBITDA loss ₹760 Cr | Cash burn ₹950 Cr
- Cash balance: ~₹6,800 Cr (post Rapido stake sale) | QC near breakeven in 1–3 qtrs
- Jefferies on Pharma
- Stable trends for leading generic players except Zydus
- Generics surged in Sacubitril Valsartan (Entresto) led by Alkem and Zydus
- Cipla launched Paclitaxel and gained share in Albuterol, Hydrocortisone and generic Revlimid, though it lost share in Lanreotide
- Sun's specialty drugs Ilumya and Cequa posted strong year-over-year growth
- Dr Reddy's gains market share in generic Ciprodex, stable in generic Vascepa while losing in generic Revlimid
- Zydus weak in generic Asacol HD
- UBS on ABB
- Recommendation Neutral; Target Rs5360
- ABB Parent exits Robotics business; No major impact on ABB India
- Robotics division accounted for 4%/2.3% of ABB India revenue/PBIT (CY24)
- Parent's deal value implies India Robotics value at Rs 60-70 vs our valuation of Rs 120
- MS on Schloss Bangalore
- Recommendation Overweight; Target Rs562
- Believe the share price will rise over the next 60 days
- Q2 saw moderation, but expect trends to improve in Q3
- Expect hotel industry Q2 RevPAR growth to moderate from double digits to high-single digits
- Macquarie on IRCTC
- Recommendation Outperform; Target Rs900
- Trinity Spotlight: RoCE, Free Cash Flow underappreciated
- See high potential for re-rating for IRCTC, notwithstanding the company's public-sector roots
- Re-rating could be driven by a better appreciation of IRCTC's impressive ROCE and FCF
- MS on Schloss Bangalore
- Target Price ₹562
- Recommendation Overweight
- Believe the share price will rise over the next 60 days
- Q2 saw moderation, but expect trends to improve in Q3
- Expect hotel industry Q2 RevPAR growth to moderate from double digits to high-single digits
- GS on IndiGo
- Target Price ₹6000
- Recommendation Buy
- Poised for sustained growth with faster international expansion
- Expect international travel to remain the primary engine for growth in coming quarters
- Expect the market leader IndiGo to deliver 11% CAGR in capacity driven by 19% CAGR (FY25-28E) in International expansion
- Nomura on Prestige
- Target Price ₹1900
- Recommendation Buy
- Q2 presales: Beat
- Company has already achieved 69% of its FY26 pre-sales guidance
- The stock currently trades at a 25% premium to NAV
- Top pick in the real estate space
- UBS on ABB
- Target Price ₹5360
- Recommendation Neutral
- ABB Parent exits Robotics business; No major impact on ABB India
- Robotics division accounted for 4%/2.3% of ABB India revenue/PBIT (CY24)
- Parent's deal value implies India Robotics value at Rs 60-70 vs our valuation of Rs 120
- CLSA on PVR Inox
- Target Price ₹1920
- Recommendation Outperform
- Take-off in box office collections
- Improving box office collections imply no structural risks for PVR Inox
- Festive season ahead should help to allay concerns over structural risks for multiplexes
- Citi on Lupin
- Target Price ₹2260
- Recommendation Buy
- US$250m Investment in the US Manufacturing: A Safe and Timely Move
- Investment in the US may also help the company smoothly navigate the geopolitical risks
- Prefer Lupin among the US generic heavy names
- Citi on Eternal
- Target Price ₹395
- Earlier Target ₹320
- Recommendation Buy
- Growth momentum in Blinkit remains stellar
- Focus on user acquisition is visible in the acceleration in app-traffic, continued investment in dark store expansion, and new cities additions
- Believe, this has further solidified Blinkit's market leadership in recent Qs
- Jefferies on Adani Enterprises
- Target Price ₹3000
- Recommendation Buy
- Mumbai's Sky to Expand with Navi Mumbai Int'l Airport Launch
- NMIA's inauguration marks a strategic expansion in India's aviation infra, easing congestion for MMR
- Phase-1 adds 20mn pax capacity (total: 90mn), and bridges gaps to underserved regions
- Jefferies on Adani Enterprises
- Target Price ₹3000
- Recommendation Buy
- Mumbai's Sky to Expand with Navi Mumbai Int'l Airport Launch
- NMIA's inauguration marks a strategic expansion in India's aviation infra, easing congestion for MMR
- Phase-1 adds 20mn pax capacity (total: 90mn), and bridges gaps to underserved regions
- Macquarie on IRCTC
- Target Price ₹900
- Recommendation Outperform
- Trinity Spotlight: RoCE, Free Cash Flow underappreciated
- See high potential for re-rating for IRCTC, notwithstanding the company's public-sector roots
- Re-rating could be driven by a better appreciation of IRCTC's impressive ROCE and FCF ROCE
- MOSL ON DELHIVERY
- Target Price: ₹540; Rating: Buy maintained
- Company processed 104.4 million shipments in September 2025, marking a strong festive start
- PTL and supply chain services remain high-growth and underpenetrated segments
- Core business margin gin expansion driving capital efficiency
- EBITDA margins expected to sustain at 16-18% e over the next two years
- Forecasting CAGR of 14% / 38% / 53% in Sales /EBITDA / APAT over FY25-28
- CITI ON SWIGGY
- Target Price: ₹495 (↑ from ₹465); Rating: Buy maintained
- Food delivery (FD): GOV up 19% YoY, revenue up 21% YoY; contribution margin improves to 7.6%, Adj. EBITDA margin to 2.8%
- Quick commerce (QC): GOV up 23% QoQ / 106% YoY, revenue up 26% QoQ / 111% YoY; margins improve to -2.9%/-12.3%
- Overall: Revenue up 64% YoY, Adj. EBITDA loss narrows to 760 crore, free cash burn improves to 950 crore
- Cash balance: ~₹6,800 crore post Rapido stake sale; QC nearing breakeven in 1-3 quarters
- Valuation: Citi raises QC target multiple to 1.0x EV/GOV (from 0.9x)
- POWER GRID: ACQUIRES MANDSAUR I RE TRANSMISSION LTD FOR ₹7.3 CR UNDER TARIFF-BASED BIDDING ROUTE
- Power Grid Corporation of India acquired Mandsaur I RE Transmission Ltd from PFC Consulting Ltd under the TBCB route.
- The SPV will manage augmentation of transformation capacity and implementation of line bays at Mandsaur substation in Madhya Pradesh.
- The project will be executed on a Build, Own, Operate and Transfer basis.
- @Beatthestreetnews
- INFO EDGE Q2 BIZ UPDATE
- ST. BILLING UP 12 % TO 729 CR YOY , UP 13 % QOQ
- RECRUITMENT BILLING BIZ UP 11 % TO 545 CR YOY, UP 16 % (QOQ)
- 99 ACRES BILLING UP 14 % TO 122.4 CR YOY, UP 30 % QOQ
- OTHER BILLING UP 21 % TO 61.6 CR YOY ,DOWN 23 %(QOQ)Eicher Motors : Volvo JV to Invest ₹544 Cr for New AMT Factory in MP; 90% Output for Global Supply
- New Investment: VE Commercial Vehicles (VECV), JV of Eicher Motors & Volvo Group, to invest ₹544 crore for producing Volvo’s 12-speed Automated Manual Transmissions (AMT) in India.
- New Facility: Greenfield plant to be set up at Vikram Udyogpuri Industrial Township, Ujjain (MP) — enhancing India’s manufacturing footprint.
- Export Focus: About 90% of AMT output to be exported/supplied to Volvo Group for global heavy-duty truck operations.
- Domestic Use: AMT units will also be deployed in Eicher heavy-duty trucks, improving fuel efficiency, driver comfort, and productivity.
- Tech Advantage: Brings Volvo’s globally proven transmission tech to India, reducing driver fatigue and enhancing vehicle uptime.
- Capacity: Initial production capacity of 40,000 units per year, scalable with global demand.
- Aligned with ‘Make in India’: Strengthens domestic manufacturing for export — reinforces India as a global CV component hub.
- OVERALL IMPACT: POSITIVE — boosts Eicher Motors’ global integration, exports, and technology leadership; long-term earnings visibility from high-value Volvo supply chain inclusion.
- VEDANTA – ENCUMBRANCE RELEASE
- • Bank: Union Bank of India releases encumbrance over 2,204,724,753 shares (56.38%) of Vedanta Ltd.
- • Effective Date: Oct 6, 2025
- • Reason: Full repayment of dues under facility agreement
- • Promoter Status: No pledge created by Promoter Group entities
- HFCL Bags Vodafone Idea 5G Deal!
- Contract Won: Supply of IP/MPLS routers for Vi’s 5G network.
- Upgrade & Expansion: Part of Vodafone Idea’s network capacity enhancement.
- Global Validation: Positions HFCL alongside top telecom equipment players; proud Make-in-India recognition.
- Growth Boost: Strengthens order book, revenue visibility & brand credibility in 5G infrastructure.
- JM FINANCIALS ON NIVA BUPA
- JM Financial initiates coverage on Niva Bupa - Add, TP RS 88
- Health insurance industry growing in high teens; Niva Bupa's GWP CAGR 25% (FY25-28E), then 20-25%
- Growth subdued in 2HFY25 due to premium amortization; normalizing from 2HFY26
- Combined ratio: 101% in FY25, improving to ~99% by FY28E
- PAT down 27% YoY in FY26E, recovers to Rs 460cr by FY28E
- Positives: strong distribution, scale benefits; risks: high claims, margin pressure
- Trades at 96/62/33xFY26/FY27/FY28E EPS and 1.8/1.4/1.2x GWP, implying premium vs peers 5
- Earnings catch-up likely from FY28E
- PERMANENT MAGNET ,GMDC, NLC INDIA, COAL INDIA IN FOCUS
- Central government is in the final stages of launching a ₹7,350 crore scheme to spur domestic production of sintered rare earth permanent magnets and cut import dependence,
- Following China's imposition of restrictions on exports of these critical components in April : Reports
- SAATVIK ENERGY : Orderbook & Growth Update
- • Orderbook: Stands at 4.05 GW
- • Debt-Equity Ratio: Improved to 1.28 in Q1 FY26 from 1.36 in Q4 FY25
- • Performance: Higher capacity utilisation & cost efficiencies boost results
- • Revenue & Profit: Strong YoY growth
- • New Orders: Solar PV module orders worth ₹708 Cr for FY26 execution
- • Execution Timeline: Orderbook typically completed within 12 months
- • Expansion Plans: Increasing backward integration in cell manufacturing
- • Vision: Become a key backward integration manufacturer in the energy sector
- • Long-Term Goal: Debt-free status
- Saatvik Green Energy hits upper circuit, up 10% on Q2 results impact
- PHARMA STOCKS ; The Trump administration has abandoned plans for tariffs on imported generic drugs, a move bringing significant relief to Indian pharmaceutical