Elgi Equipments has been awarded an ESG score of 66 by NSE Sustainability Ratings, which evaluates the company's environmental, social, and governance practices based on public information without direct involvement from Elgi.
Uday Thakur
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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.
Zydus Wellness aims to foster growth by leveraging its diverse portfolio, including the international expansion efforts of Comfort Click and the rapid scaling of RiteBite, alongside innovation and established brands.
Ashish Bansal, the Managing Director of Pondy Oxides & Chemicals, recently increased his stake in the company by acquiring an additional 6.91% via a transmission, bringing his total holding to 22.1%, which is now exempt under SEBI SAST Regulation 10(1)(g).
Analysts suggest investing in Adani Power, Titan, Cummins India, Mankind Pharmaceuticals, and Arvind Ltd, due to their positive technical trends and sectoral performance. Expected price levels for these stocks are Rs 170 (Adani Power), Rs 4,180 (Titan), Rs 4,820 (Cummins India), Rs 2,250 (Mankind Pharma), and Rs 430 (Arvind Ltd).
Beverage companies like United Spirits, United Breweries, and Radico Khaitan could potentially increase prices due to a surge in costs for raw materials (glass, PET bottles, aluminium) and logistics, which have risen by 8-40% and 10%, respectively. These increased costs may affect their pricing strategies in the beverage industry.
The Indian government's plan to build 100 airports and 200 helipads could significantly benefit companies like HAL, GMR Airports, IndiGo, L&T, and Adani Enterprises, as it aims to enhance regional connectivity in aviation infrastructure. These companies stand to gain from the anticipated growth in this sector.
Airline costs may escalate in FY2027 due to increased jet fuel prices, currency fluctuations, and ongoing conflicts in West Asia, according to ICRA. Geopolitical instability since February 2026 has been identified as a significant risk for the aviation sector.
NBCC sets an ambitious target of achieving a revenue of INR 18,000 crore by fiscal year 2026-27, primarily focusing on expanding its presence in the real estate sector. Major projects involve redevelopment and construction in South Delhi and across the country.
CSB Bank has reported a significant 27% year-on-year increase in gross advances to ₹40,364 crores for FY26, with gold loans seeing a robust 53% YoY growth at ₹21,567 crores. Deposits increased by 20% YoY to ₹44,246 crores, driven by a 27% rise in term deposits. Shares of CSB Bank closed at ₹369.2 on the BSE, marking an uptick from the previous ₹360.65.
Axis Securities has issued a warning about increased pressure on margins for companies like HUL, Dabur, and Asian Paints due to rising costs of crude and materials. The FMCG, paints, QSR, and retail sectors are experiencing cost shocks, with Jubilant FoodWorks, Trent, and V-Mart being the most vulnerable.
Patanjali Foods is grappling with increased packaging costs by up to 30%, which could strain their profit margins. Additionally, the LPG shortage in the market has resulted in reduced consumer interest towards their products, further complicating matters.
SBI Life recently executed a significant block trade on the NSE, with 261,856 shares exchanging hands at Rs. 1734.5, totalling approximately Rs. 45.42 crore.
Coforge experienced a 2.3% increase in stock price, closing at INR 1,178.3 on April 2, 2021. Notably, there were 4,408 call contracts at the INR 1,200 strike for a future date in 2026, indicating investors' bullish sentiment towards the company's long-term potential.
In the financial year 2026, Punjab National Bank (PNB) reported a significant 12.2% increase in advances compared to the previous year, surpassing deposit growth. This notable expansion comes as both PNB and the Central Bank experienced double-digit credit growth, with deposits growing by 9.1% year over year.
Tata Steel receives an upgrade to 'Buy' by Anand Rathi, with a new target price set at Rs 240. This decision is based on the company's European operations approaching breakeven, increased domestic capacity (reaching 27.35MT), and a robust recovery in prices that enhances margins.
Marksans Pharma has secured approval from the US FDA to market Benzonatate Capsules, a treatment for coughs and respiratory infections in the United States. This development expands their reach into the American market.
Bajaj Auto reports a 19% year-on-year increase in Q3 revenue, reaching INR 152.2 billion, with an EBITDA margin of 20.8%. The success is partly due to electric vehicles accounting for a quarter of domestic sales and export figures surpassing 500k units after 15 quarters.
Emcure Pharma's subsidiary, Mantra Pharma, has purchased Cutimed Inc. for CAD 5.05M, bolstering their Canadian dermatology and cosmetics offerings by merging with the Canadian company.
PDS Ltd has announced that NexStyle Apparel Manufacturing Ltd will no longer be a subsidiary as of March 2026, due to employee stock option allotments complying with the SEBI LODR Regulation 30.