Deep Industries has secured a significant contract worth 59 crore rupees from ONGC Corporation, marking a notable collaboration between the two entities in the energy sector. This deal is expected to bolster Deep Industries' operations and growth prospects.
Ashish Nair
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Recent Discussions
Motilal Oswal has increased their recommendation on Cera Sanitaryware to 'Buy', predicting a potential increase of 28%. This optimistic outlook is due to a projected FY28 P/E ratio of 25x. The company's revenue growth projection of 11% CAGR, along with a forecasted cash surplus of Rs 1,000 crore by FY28, adds to its attractiveness in the market. This assessment comes after a 15% correction in the stock's price.
Goldman Sachs adjusts its outlook for Trent, maintaining a neutral position but lowering the target price to INR 4,080.
Investors are suggested to hold onto Asian Paints and Dixon Tech in the short term due to oil price fluctuations and increased competition in ECMS. Biocon, BSE, DAM Capital, and Titagarh Rail, on the other hand, have been recommended as potential buys or holds, with specific price levels noted for profit opportunities.
Ajit Mishra from Religare Broking advises investors to consider a bullish stance for the BSE market, anticipating growth. On the other hand, Jindal Steel is projected to increase, signaling an uptrend. However, Asian Paints may face bearish conditions with a possible downward movement due to market pressure.
Aether Industries invites investors for a meeting on April 10, 2026, in Mumbai with participating firms including Abakkus, HDFC, SBI, White Oak, and Saltoro. Note that the agenda does not include discussions about UPSI.
Jammu & Kashmir Bank, classified as a Scheduled Commercial Bank, is exempted from SEBI's debt issuance regulations outlined in Chapter XII, due to its unique status under the RBI Act 1934.
MTAR Technologies announces a new contract worth approximately $4.8 million, set to boost their revenue significantly.
The escalating Iran conflict has led Indian Oil Corporation to increase jet fuel and LPG prices, intensifying India's existing energy concerns. In response, the government has reduced industrial LPG allocations to prioritize household needs amidst this gas crisis.
The Indian tax department has issued a demand for approximately 57.5 million rupees against Bajaj Electricals Ltd, signaling potential financial issues for the company.
NLC India appoints Pankaj Kumar as their new Executive Director starting April 2026. With over two decades of Human Resources experience under his belt from companies like LG Electronics India and NLC, Kumar is set to bring valuable insights to the role.
In a significant win for Yatra Online, the CESTAT ruling has eliminated a tax demand worth ₹111 crores and canceled a ₹39 crore penalty, providing relief to TSI Yatra.
Sammaan Capital has announced that it has made all scheduled interest payments for its NCDs (Non-Convertible Debentures) on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The payments were made across multiple ISINs and totaled various amounts, ensuring they met their payment obligations.
Go Digit General Insurance's creditworthiness remains high, as CRISIL reaffirms its AA rating. The agency indicates a developing outlook, suggesting potential changes in the company's status. This update is in compliance with SEBI LODR regulations and can be found on Go Digit's official website.
Aurobindo Pharma is set to discuss a potential share buyback during a meeting scheduled for April 6, 2026. The trading window for the company's shares has been temporarily closed from April 1, 2026, and will reopen 48 hours after the release of FY26 results.
ICICI Sec's Dharmesh Shah suggests investing in Bharti Airtel with a target of ₹2032, setting a stop-loss at ₹1684 due to the current market volatility caused by global concerns, oil price increases, and the rupee reaching record lows. Meanwhile, both Nifty 50 and Sensex are experiencing a significant drop of 9.5% this month.
The highly anticipated Bajaj Housing Finance IPO, the second largest in India this year, may experience a dip below its initial offering price, suggesting potential concerns among investors.
EPACK Durable's subsidiary commenced mass production of split AC units on March 30, 2026, at their Andhra Pradesh facility with an annual capacity of 0.75 million units. Notably, Chinese electronics giant Hisense is the anchor client for these products.
The Indian Overseas Bank has been issued a fine of INR 82.4 million due to regulatory violations. The bank will need to address these issues moving forward.
Minda Corporation has been issued a tax demand notice of approximately INR 67.1 crores for the fiscal year 2023-24 under the Income Tax Act. The notice includes an additional INR 17.8 crores for interest charges. The company intends to challenge this assessment order.