Wipro has landed an impressive $1 billion, eight-year deal with Olam Group, a significant player in the global food industry majority-owned by Temasek and valued at over $50 billion. Initial commitments amount to $800 million.
Dhruv Bhat
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Senco Gold's shares surged 12% after a robust Q4 performance, with revenue growth of 46% YoY attributed to the wedding season demand. The company anticipates FY26 revenue to top ₹8,000 crore, signifying a 30% increase, and expects net profit to double, as per CEO Suvankar Sen.
Refiners will receive reduced rates for producing petrol, diesel, ATF, and kerosene as oil marketing companies aim to mitigate losses due to their voluntary price cap on retail fuels.
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.
Premier Energies has taken over a majority stake (51%) in Transcon Ind Ltd, making the latter a subsidiary of Premier Energies, effective from April 3, 2026. This acquisition is expected to expand Premier's energy portfolio.
The US tariff threat on certain medicines has caused Indian pharma stocks to decline, with notable drops seen in Biocon, Sun Pharma, Glenmark, Aurobindo, and Ipca Labs by 4-5%. The Nifty Pharma index fell by 3.8% due to these concerns about reshoring production.
V-Mart expects consistent growth, yet acknowledges potential supply-related challenges. The company boasts a safety buffer with around three to four months of inventory on hand.
Compucom Software Ltd has received a notice under Section 263 of the Income Tax Act, indicating questionable tax deductions or exemptions that could result in potential disallowances and an increased tax burden for the company.
J.Kumar Infraprojects has secured a significant order valued at INR 2,360 crore, boosting its market capitalization to around INR 3,400 crore as of the latest figures.
Motilal Oswal's Sneha Poddar suggests investing in five stocks, such as ICICI Bank, Max Financial, Tata Power, Aurobindo Pharma, and IPCA Labs, due to their promising upside potential of up to 48%. These selections are driven by their strong growth, profitability, and operational enhancements.
Piramal Finance is keeping a close eye on the asset quality trends within the industry during July and August, aiming to gain insights that could impact their lending decisions moving forward.
SG Finserve reported a loan book of approximately INR 3,934 Crore by March 31, 2026. Year-over-year growth was a robust 75%, with quarterly growth at 23%. However, the figures are pending audit approval.
The Nifty Realty index experienced a 24% decline in 2026 due to concerns over housing demand, uncertainty in the IT sector, and escalating geopolitical risks. Despite strong launches by developers such as Godrej Properties and Macrotech, growth may moderate in FY27 due to challenges posed by supply-demand imbalances.
The financial advisory firm suggests holding onto Oracle Financial Services and buying HAL for their positive long-term prospects. However, ONGC has been downgraded to a sell due to market risks, while Gail appears attractive at its current price, with a projected target of Rs 160-165.
360 ONE WAM Limited has earned an ESG rating of 71 from a SEBI-certified Category I provider, indicating moderate commitment to environmental, social, and governance practices as reported to the stock exchanges on April 1, 2026.
Choice International has agreed to fully acquire Optimo Investment Adviser, making it a wholly-owned subsidiary. The new name for the company, Choice Unified Services Pvt Ltd, is pending approval from the Ministry of Corporate Affairs (MCA).
Investment firm Prabhudas Lilladher suggests purchasing shares in Kajaria Ceramics, with the current stock price at around ₹990 as of April 1, 2026. This recommendation indicates a positive outlook for the company's future performance.
Sanathan Textiles has successfully ramped up its Punjab polymerization plant to 96% capacity (350 TPD), signifying increased production. The company is planning a Phase II expansion to double this output to 700 TPD, setting the stage for expanded yarn production diversity.
Vodafone Idea is enhancing their transport network with Ciena's WL6e technology, aiming to unlock new growth prospects in India by capitalizing on emerging business opportunities.
PTC Industries has set up a new intelligent forging system capable of processing heavy materials like titanium and superalloys. This move is expected to bolster growth in the aerospace and defense sectors.