HDFC Securities anticipates growth in India's Electronics Manufacturing Services sector due to PLI incentives, China+1 strategy, and rising exports. They recommend Syrma SGS as a top pick with a target price of ₹920. Dixon Tech receives an 'Add' rating at ₹10,740, Amber Enterprises gets a 'Buy' rating at ₹8,300, while Kaynes Technology is reduced to 'Reduce' at ₹3,810.
Sachin Shukla
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Ambareesh Baliga suggests a contrarian approach during market volatility, proposing five stocks for consideration. Notably, Shakti Pumps, Sagility, Himadri, Orkla, and EMS have the potential to increase significantly, with estimated price hikes for Shakti Pumps from ₹507.3 to ₹900, Sagility from ₹41.9 to ₹54, Himadri from ₹456.1 to ₹630, Orkla from ₹602.95 to ₹756, and EMS from ₹289.75 to ₹380.
Vaishali Parekh suggests UCO Bank, Kaynes Tech, and Asian Paints for quick-term trades on April 7, 2026. The Nifty market is expected to start with a drop, potentially opening below 23,000, with significant levels at 23,500 and 21,800.
Hilton Metal Forging has issued 1.67 crore Rights Shares at ₹16.68 per share, boosting their equity capital to approximately ₹51.46 crores, a significant increase from the previous ₹34.69 crores.
Stock market showed a positive trend for the third consecutive day, with banks taking the lead and pushing the Nifty up to 22,968. Notable gainers include Axis Bank and HDFC Bank, which reported strong Q4 growth, while Trent and Senco saw significant surges due to robust revenue figures.
JSW Infrastructure Ltd reached a 52-week low of INR 236.65 on April 6, 2026. Over the past two trading days, it has experienced a 3.97% drop, underperforming its sector relative to the market.
Pharmaceutical companies like Dr. Reddy's and Lupin in India are integrating Artificial Intelligence (AI) into their operations for drug discovery, trials, and manufacturing. A discussion on AI's influence within the pharmaceutical sector was held with experts from PwC India, Dr. Reddy's, and Lupin by The Economic Times.
Experts suggest investing in Gujarat Gas due to robust fundamentals, despite temporary margin concerns. However, they advise holding onto BPCL due to unpredictable crude oil prices. ICICI Prudential, UltraTech Cement, Tata Capital, and Paradeep Phosphates are recommended as 'Hold', with sector-specific warnings and stop-loss precautions in place.
HAL has imposed penalties on General Electric due to continuous delays in delivering F404 engines for the Tejas Mk1A jets. Despite these issues, HAL aims to have six jets ready by April and anticipates receiving 20 engines from GE by the second half of this year.
Crisil has assigned a 'Watch Developing' rating to Interglobe Aviation, indicating potential credit risk that requires closer monitoring. It's important to note that this assessment was made independently and no involvement from Business Standard journalists was reported in the decision-making process.
NTPC has reached a significant milestone with an installed capacity of 89,108 MW, a testament to their continuous growth in the energy sector. Their commercial power generation currently stands at 88,028 MW, demonstrating their ability to consistently deliver electricity.
After a five-year lull, Vodafone Idea successfully attracts more subscribers, marking a significant turnaround in its user base growth.
Zensar Technologies has achieved a commendable ESG score of 78.2 in the latest FY25 assessment by SES ESG, indicating strong environmental, social, and governance practices according to publicly available information.
BEL has secured a significant contract worth ₹19.5 billion from the Indian Air Force (IAF) to supply mountain radar systems, marking a substantial deal in their defense sector collaboration.
Mangalam Cement has expanded its operations with the addition of a new 1.2 million tonnes per annum (mtpa) grinding unit in Aligarh, Uttar Pradesh. This expansion boosts their total grey cement capacity to 5.6 mtpa, enhancing market reach and logistics efficiency.
PB Fintech has allocated approximately AED 120M-314M from its recent IPO funds to invest in Genesis Group, signifying an alignment with their expansion strategies.
Brainbees Solutions' subsidiary, Globalbees, has boosted its holdings in Candes Tech to 92%, following a cash transaction worth approximately ₹37,250. This move represents a 30% increase in their ownership stake.
WeWin Limited has secured a significant ₹14.1 crore deal from ICCC for the implementation of District Helpdesks under the Suman program, lasting up to five years with an optional extension.
IRB Infra's shares experienced a 11% surge following the expiration of the bonus issue, countering the initial 50% drop seen post-adjustment in the share price as reported earlier.
UNO Minda has decided to invest 750.2 million INR, acquiring a 30% stake in Solar & Wind Energy Special Purpose Vehicles (SPVs). This investment aims to tap into renewable energy sources for sustainable power supply within India.