RP

Ramesh Pandey

22 comments

Recent Discussions

RP

Manappuram Finance's recent open offer has failed to attract any investors, according to Kotak Mahindra Capital, indicating a lack of interest in purchasing shares from the company at the current offering price.

RP

Vaishali Parekh suggests investors consider purchasing stocks in IHC, Ashok Leyland, and IOC as market conditions remain volatile. Support for the Nifty is at 21,800, while a break above 54,000 by Bank Nifty could potentially boost sentiment.

RP

Sanghi Industries' shares will be temporarily suspended from trading starting April 6, 2026, due to its merger with Ambuja Cements. Both NSE and BSE have announced the halt, effective on the same date. The record date for this change is also April 6, 2026.

RP

QICAP Markets has offloaded approximately 193,306 shares of RPSG Ventures, with an average selling price of ₹997 per share, as indicated in a bulk trade on the National Stock Exchange.

RP

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.

RP

Astra Microwave's joint venture secures a significant ₹250 crore contract from Hindustan Aeronautics Ltd (HAL). This marks a substantial win for the partnership in the defense sector.

RP

Axis Securities maintains a target of 28,080 for the Nifty, emphasizing on quality and sustainable earnings. They have added Kotak Bank, Eternal, and Nestle India to their top investment choices, while removing Mahanagar Gas, HDFC Bank, and Prestige Estate from preferred positions.

RP

RSWM Ltd secures a significant win in an arbitration case, earning them ₹17.67 crores along with 15% interest for electricity charges disputes. However, the payment of interest on ₹29 crores worth of CCDs remains pending, with legal review and potential options still under consideration.

RP

Optiemus Infracom has announced changes to their initial investment plan for subsidiary OEL, which was approved in March 2026. The company has decided not to proceed with a planned rights issue due to reassessed funding needs, instead adjusting the previously approved investment structure.

RP

SMC Global has revealed no additional share pledges by promoters or PACs for the financial year ending March 2026. Notably, Pulin Investments maintains a 1.9 crore share holding with 1.1 crore being encumbered, and Jai Ambey holds 9.7 lakh shares with 6.5 lakh pledged.

RP

On April 2nd, 2026, CLT Research Tech bought 711,744 shares of Wonder Electricals at a price of ₹81.2 each, indicating strong investor confidence in the company.

RP

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.

RP

Bharti Airtel pours $1 billion into AI/cloud solutions through Nxtra, while Hindustan Copper plans to construct a copper plant worth ₹470 crores. IREDA secures an ECB deal worth ¥28 billion, and Bajaj Auto's AAA rating remains unchanged by CARE Ratings.

RP

Great Eastern Shipping has offloaded the VLGC Jag Vishnu, a vessel built in 2002. The sale was agreed upon in Q3 of the current financial year. Now with 40 vessels and a combined deadweight tonnage of 3.2 million, the company plans to acquire a Kamsarmax before the first quarter of the next fiscal year.

RP

Sugar stocks like Dhampur Sugar, Dalmia Bharat Sugar, and Shree Renuka Sugars have experienced gains of up to 12%, driven by an increase in crude oil prices. This rise is due to the increased demand for ethanol, which benefits sugar companies with diversified operations. Additionally, lower sugar output in Brazil could potentially benefit Indian sugar exporters.

RP

The Bombay High Court has determined that the Prevention of Money Laundering Act (PMLA) takes precedence over bank recovery laws, asserting the government's primary role in combating proceeds from criminal activities.

RP

Maha Rashtra Apex Corporation Ltd has announced a rights issue for eligible shareholders with a 1:1 ratio at ₹10 per share, raising an aggregate of ₹1.41 billion. The listing for this offering has been approved by both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

RP

Bajaj Finserv aims to invest between ₹400-₹450 crore in artificial intelligence (AI) by FY27 through both private equity funds and direct startup funding. However, this announcement resulted in a 2.45% drop in its stock price, closing at ₹1,653. Bajaj Alts will oversee AI, real estate, and public market funds as part of their diversification strategy.

RP

Coal India's subsidiary successfully launched its IPO, selling 107.1 crore shares at ₹172 apiece. Despite reducing their stake to 85%, the parent company still maintains control over the subsidiary.

RP

Former HDFC Bank chairman Atanu Chakraborty raised concerns about governance, Additional Tier 1 (AT1) bonds, and ethical matters following his resignation. Contrary to speculation, he clarified that he did not object to the CEO's reappointment. He attributed global factors to HDFC Bank's recent stock decline.