Accelerate asset monetisation in railways, roads: Sebi chief Tuhin Kanta Pandey
Capital markets regulator Sebi’s chief Tuhin Kanta Pandey on Thursday said there is a need to “accelerate” monetisation of government-held assets in sectors such as railways, roads, airports and energy to help funnel investor money into such projects.
NCDEX’s unlisted shares soar 150% in a year on Sebi’s equity nod, investments from Groww, Zerodha. Can the rally last?
National Commodity and Derivatives Exchange’s unlisted shares are experiencing a significant surge. This increase follows Securities and Exchange Board of India’s approval for equity products. Investments from prominent figures like Radhakishan Damani and Groww are fueling the rally. NCDEX plans to launch equity and equity derivatives products. Experts predict further price increases after the launch.
Smallcap multibagger defence stock surges 20% after Rs 95-crore BrahMos order win
Jaykay Enterprises surged 20% after subsidiary Allen Reinforced Plastics secured a Rs 94.45 crore order from BrahMos Aerospace for composite parts. The diversified group also advanced in healthcare with a CSIO technology transfer for 3D-printed orthopedic implants. Shares closed 14.5% higher, marking 100% gains in a year.
Urban Company shares rally 69% from IPO issue price on day 2 of trading. Time to cash out or double down?
Urban Company’s shares have soared, exceeding expectations after a blockbuster IPO, reaching a 69% gain over the issue price. While analysts suggest booking partial profits, they also highlight the company’s strong market position and growth potential. The company recently turned profitable with a net profit of Rs 240 crore in FY25, further fueling investor interest.
Biocon shares rise 2% after USFDA approval for osteoporosis and bone loss drugs
Shares of Biocon Ltd rose 2% to Rs 361.25 on the BSE after its subsidiary, Biocon Biologics, received U.S. FDA approval for two denosumab biosimilars, Bosaya and Aukelso. The regulator also granted provisional interchangeability for both drugs, allowing pharmacy-level substitution, which could support broader market adoption and strengthen Biocon’s position in the biosimilars segment.
With 3 defence stocks rocketing up to 182% in 2025, are you late to the defence party or right on time?
Indian defence stocks are performing well in 2025. Apollo Micro Systems, Axiscades Technologies, and Sika Interplant Systems are top gainers. This surge reflects India’s military modernization. A proposal to acquire Rafale fighter jets is under review. Experts suggest the rally may continue. The sector benefits from the government’s indigenization push. The future of Indian defence […]
Rail stocks surge up to 16% in a month. Short bounce-back or meaningful rally?
Railway stocks have seen gains recently. Some experts believe it’s a short-term bounce due to previous underperformance. Others point to order wins as a positive sign. Concerns remain about execution delays and high valuations. Government spending direction is also a factor. Railtel, RVNL and Jupiter Wagons recently received orders. Investors should approach the sector with […]
Euro Pratik Sales IPO: Issue subscribed 78% so far on Day 3; GMP decline below 1%. Should you bid?
Euro Pratik Sales IPO: The grey market premium on Euro Pratik Sales IPO has fallen further, easing to 0.4% above the ₹247 issue price, down from 2.5% on Day 2.
VMS TMT IPO subscribed 12.5x on Day 2; GMP at 17%. Should you apply? Check key details
VMS TMT’s Rs 149 crore IPO has garnered significant investor interest, with an overall subscription of 12.49 times on its second day, driven by strong NII participation. The IPO shares are trading at a 17% premium in the grey market, reflecting positive market sentiment. Proceeds from the IPO will be used to repay borrowings and […]
Forget gold or even silver. Platinum is outperforming both with 57% rally in 2025
Platinum is emerging as a top performer in 2025, with prices soaring nearly 57% year-to-date. A significant market deficit, driven by declining mine output in South Africa and robust demand from the automotive and jewelry sectors, fuels this rally. Chinese and Indian buyers are increasingly favoring platinum over gold, further boosting demand.