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Zaid Awasthi

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Zaid Awasthi2d ago
PSB

Punjab & Sind Bank experienced a 1.7% increase today, reaching Rs.22.31, despite the Sensex falling by 0.3%. This upward trend indicates a recovery from its 52-week low, possibly due to strong sector performance and intraday gains.

ZA

Prestige Estates announces the launch of a new 5,120-unit township called 'Golden Grove' in Hyderabad, valued at approximately $1.3 billion. The project is the latest expansion for the real estate company.

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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.

ZA

Kothari Products Ltd has announced a board meeting on May 29, 2026, to discuss and finalize their audited financial results for FY26. The meeting will also include a consideration of potential dividend recommendations.

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Endurance Tech remains a Buy recommendation by Citi, yet the target price is revised down to Rs 2,900 due to demand concerns. The financial services firm Fortis Healthcare expects an EBITDA margin of 22-25% by FY26. Jefferies predicts a 74% growth potential for Aavas Financiers, setting a target price at Rs 1,875. However, Morgan Stanley expresses caution and prefers Aptus and Home First Finance over Aavas Financiers.

ZA
Zaid Awasthi5d ago
PNB

Punjab National Bank's global business has surged by 2.9%, reaching an impressive Rs 28.91 lakh crore, thanks to a rise in domestic deposits (3.3%) and advances (2.5%-3.1%).

ZA

Adani Energy has announced a scheduled board meeting on the 23rd of April, 2026, indicating potential discussions and decisions to be made by the company's leadership.

ZA

Zaggle's shares saw a significant 16% rise, following the positive response from investors due to an optimistic financial year 2027 growth forecast presented by the company.

ZA

Thomas Cook India experiences a 6.3% boost on NSE due to CRISIL reaffirming its AA Stable and A1 ratings. This decision is attributed to strong backing from Fairfax, travel leadership, and a solid 7.4% year-on-year revenue growth to ₹6,628 crore.

ZA

SolarWorld Energy has secured a $23 million EPC deal to build a 75 MW/150 MWh battery energy storage system (BESS) at NTPC's Solapur thermal power station, marking another significant step towards India's renewable energy expansion.

ZA

Mukand Limited has finalized the sale of a portion of its industrial machinery business to its subsidiary, Mukand Heavy Engineering Ltd, for approximately INR 45.78 crore. This transaction was facilitated by issuing 26,347 fully-paid equity shares by MHEL.

ZA

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.

ZA

Ventive Hospitality has announced the purchase of a significant portion of Narmada Estates and Sun Leisure India for approximately INR 89 crores. This move aims to bolster Ventive's presence in Pune and Goa, expanding their hospitality portfolio in these locations.