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Kingfisher shares rise 9% to six-month high after profit beat, FY27 outlook raised
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VusionGroup shares jump 8% on strong H1 profit growth, tariff relief
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Bureau Veritas stock gains after raising revenue growth target
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Waaree Energies shares gain 2% after company bags 2 GW solar module order
Waaree Energies shares rose after securing a 2 GW solar module supply order from a leading domestic solar developer for FY27-FY28. The contract’s value remains undisclosed. Despite the order, the stock has declined recently and trades below seven of eight SMAs. FIIs raised their June-quarter stake, while mutual fund holdings fell.
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Pace Digitek shares jump 13% after subsidiary bags Rs 488 crore BESS order
Pace Digitek shares surged over 13% to Rs 175.37 on Tuesday after its material subsidiary, Lineage Power, bagged a Rs 488.46-crore BESS order from NTPC GE Power Services. The project at the Barh Super Thermal Power Project involves BESS containers, maintenance, and extended warranty through December 2026.
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Textile stocks rally up to 10%: Raymond, Gokaldas Exports & others rebound after Trump tariff-triggered selloff
Textile stocks rebounded on Tuesday, recovering most of the previous session’s losses after US President Donald Trump signed a Russia sanctions bill into law. Raymond led the gains with a 10% rally, while Pearl Global Industries, Gokaldas Exports, Arvind and Vardhman Textiles also advanced.
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Embassy Developments rallies 8% after Rs 711 crore residential tower deal with Angel One founder
Embassy Developments shares rallied up to 8% to Rs 63.80 after signing an MoU to sell an entire residential tower at Embassy Terazza in Juhu to Angel One CMD Dinesh Thakkar for Rs 711 crore. Spanning 63,000 sq ft, it is India’s largest single residential property transaction.
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Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?
Polycab shares have fallen 17% from their June peak after UltraTech entered the wires and cables segment. Jefferies retained its Buy rating and Rs 11,100 target, implying 33% upside, citing strong demand, volume growth and Polycab’s distribution strength.
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AbbVie gains EU approval for Rinvoq to treat pediatric arthritis