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Gold, Bitcoin or Stocks: Whos winning the 2026 race for returns?
Gold, Indian equities and bitcoin have delivered sharply different returns in 2026. Bitcoin has led the recent rally, gaining 27% over both the past week and month, but remains down 8% year-to-date. Gold has emerged as a stronger performer, while Indian equities have lagged across the period.
Shanthi Gears shares surge 37% in two trading sessions. Here's why
Shanthi Gears shares surged 37.5% in two sessions after Tube Investments raised its stake by 2.69% through a block deal, taking its holding in the subsidiary to 73.16%.
US-based Plaud bets India can outpace its global AI wearables growth
Plaud's expansion into India comes at a time when India's wearables market is estimated to hit $3.6 billion this year.
Suzlon targets 5 GW renewable capacity in Andhra Pradesh by 2030
The company plans to develop 1,325 MW of new wind projects in Rayadurg, Anantapur, in partnership with Tata Power and Waaree Energy, with an estimated investment of 10,000 crore
MP Steel files IPO papers; plans Rs 95 crore fresh issue, 23.07 lakh-share OFS
MP Steel Limited has submitted its Draft Red Herring Prospectus (DRHP) to SEBI as it prepares for its initial public offering. The company aims to generate capital via a fresh issuance of shares and an offer for sale. The funds raised will go towards establishing a new billet manufacturing facility, thereby boosting its backward integration.
Third Wave Coffee raises 408 crore in funding round led by WestBridge Capital
This comes at a time when the chain is looking to add 100 new cafs every year.
Indias new capex cycle is being driven by cash-rich giants, HSBC India CEO Hitendra Dave says
India's corporate investment cycle now features financially stronger companies expanding capacity. These well-capitalized groups are using internal cash flows for growth and consolidation. This differs from the earlier debt-heavy boom which relied on bank financing. HSBC India's balance sheet is expanding significantly, crossing five lakh crore rupees. Global capital flows require fresh triggers like reforms or FDI announcements.
DJ Mediaprint & Logistics Ltd leads losers in 'B' group
Money Masters Leasing & Finance Ltd, KJMC Financial Services Ltd, Sambandam Spinning Mills Ltd and Rhetan TMT Ltd are among the other losers in the BSE's 'B' group today, 24 August 2026.
Nifty trades below 24,200 level; media share decline
At 14:30 IST, the barometer index, the S&P BSE Sensex, declined 284.15 points or 0.37% to 77,256.68. The Nifty 50 index lost 86.50 points or 0.36% to 24,165.50.
Capital goods sector to stay soft in H1, recovery seen in H2FY27 on thermal orders: Report
Indias capital goods and power equipment sector may remain subdued in the first half of FY27 before recovering later, 360 ONE Capital said. Strong thermal power orders, private investment and government capex provide growth visibility, though geopolitical disruptions remain a near-term risk.
P&G Hygiene expects challenges to persist in FY27, remains confident of growth strategy
Procter & Gamble Hygiene and Health Care Ltd remains confident of long-term growth. The company reported revenue of Rs 4,290 crore and profit after tax increased 19 percent. Investments in innovation and brand building strengthen competitiveness for sustained growth. Consumption trends remain supportive with urban demand anchoring growth. Evolving global trade policies and commodity prices remain key factors to watch.
US-based Vertex Group to enter India's MICE, corporate travel space segment
US-headquartered Vertex Group is foraying into the Meetings, Incentives, Conferences, and Exhibitions (MICE) segment in India with Vertex Travel, Vertex Group Founder & President Gagan Arora said on Monday. The Group is committing an initial investment of Rs 75 crore for developing an integrated business travel and MICE platform which will primarily be deployed across three areas -- technology, talent and network development -- over the next 18 months. We will evaluate client acquisition, repeat business, revenue quality, programme profitability, customer satisfaction, technology adoption and the scalability of the operating model. If the business demonstrates the performance and market traction we expect, we are prepared to increase investment as Vertex Travel scales, Arora told PTI in an interview. He shared that the immediate focus is on establishing strong positions in priority segments, building a high-quality enterprise client portfolio and creating repeatable business ...
ReNew invests 20,000 crore in Gujarat; plans expansion across clean energy, data centres
Vikram Kapur, group president at ReNew, announced plans to invest 80,000-1,00,000 crore in various sectors, including data centres, renewable energy, and green hydrogen, over the next few years
Ratnamani Metals & Tubes arm wins export orders worth Rs 2,700 cr
Thangamayil Jewellery Opened 2 New Stores in Chennai
Chennai (Tamil Nadu) [India], August 24: Leading jewellery retailer Thangamayil Jewellery has expanded its presence in Chennai with the opening of two new stores in Mogappair West and Purasaiwakkam on 23rd August 2026. The launch takes the brand's operational network to 66+ stores across Tamil Nadu.
P&G Hygiene expects challenges in FY27, remains confident of growth
Procter & Gamble Hygiene and Health Care Ltd (PGHHL) remains confident of delivering long-term growth despite a rapidly evolving operating environment, according to the latest annual report. PGHHL, part of US-based multinational consumer goods corporation The Procter & Gamble Company, said the operating environment continues to evolve at an accelerated pace, presenting both challenges and opportunities. The company remains confident of delivering long-term growth despite a rapidly evolving operating environment, backed by disciplined execution of its 'Integrated Growth Strategy' and continued investments in innovation, brand building and go-to-market capabilities to stay responsive to changing consumer needs. The year ahead might continue to be challenging. However, we remain as confident as ever in our integrated growth strategy and in our ability to drive market growth and to deliver balanced growth and value creation to delight consumers, customers, employees, society and .
Crisil Ratings reaffirms ratings of Hirect at 'BBB/A2' with 'stable' outlook
Hirect (HRL) said that Crisil Ratings has reaffirmed its 'Crisil BBB+/Stable/Crisil A2' ratings on the bank facilities of the company.
Ajanta Pharma Ltd slips for fifth straight session
Ajanta Pharma Ltd is quoting at Rs 3582.5, down 1.57% on the day as on 13:19 IST on the NSE. The stock tumbled 13.45% in last one year as compared to a 3.18% slide in NIFTY and a 17.79% fall in the Nifty Pharma index.
Lloyds Metals & Energy Ltd drops for fifth straight session
Lloyds Metals & Energy Ltd is quoting at Rs 1845, down 1.12% on the day as on 13:19 IST on the NSE. The stock tumbled 13.45% in last one year as compared to a 3.18% slide in NIFTY and a 41.11% fall in the Nifty Metal index.
Sun TV Network Ltd drops for fifth straight session
Sun TV Network Ltd is quoting at Rs 470.9, down 0.24% on the day as on 13:19 IST on the NSE. The stock tumbled 13.45% in last one year as compared to a 3.18% slide in NIFTY and a 1.13% fall in the Nifty Media index.
REC Ltd eases for fifth straight session
REC Ltd is quoting at Rs 324.6, down 0.63% on the day as on 13:19 IST on the NSE. The stock tumbled 13.45% in last one year as compared to a 3.18% slide in NIFTY and a 0.73% fall in the Nifty Financial Services index.
Bharat Heavy Electricals Ltd slips for fifth straight session
Bharat Heavy Electricals Ltd is quoting at Rs 410.2, down 0.68% on the day as on 13:19 IST on the NSE. The stock jumped 89.46% in last one year as compared to a 3.18% slide in NIFTY and a 10.91% spurt in the Nifty Energy index.
Explained: What Oriental Hotels merger with IHCL means for shareholders
IHCL will merge Oriental Hotels into itself through an all-stock transaction, with Oriental Hotels shareholders set to receive 25 IHCL shares for every 117 shares held. The merger will bring seven hotels and 825 rooms into IHCLs standalone portfolio, while simplifying the group structure and creating operational and cost synergies.
Sanlayan Technologies posts first full-year profit as revenue grows six-fold to 139.6 crore
The Indian defence technology company has an order backlog of 286 crore and a confirmed opportunity pipeline exceeding 2,000 crore.
Benchmarks hit fresh intraday low; Europe opens near flat line
The domestic equity benchmarks extended losses and hit fresh intraday lows in afternoon trade, weighed down by a lack of strong directional cues, continued FII selling and persistent tensions surrounding the US-Iran conflict. The Nifty traded below the 24,200 level. PSU Banks, Cement and FMCG shares declined while those of metals, IT and realty companies edged higher.
The GLP-1 diet: How weight-loss drugs are changing packaged food business
Weight-loss drugs are changing what consumers buy, putting protein, fibre, smaller portions and nutrient density at the centre of the next packaged-food opportunity
AIChE Student Regional Conference 'Viplav SRC 2026' Concludes Successfully at RGIPT
Jais, Amethi [India], August 24: The American Institute of Chemical Engineers (AIChE) Student Regional Conference (SRC)-India, Viplav SRC 2026, concluded successfully today at the Rajiv Gandhi Institute of Petroleum Technology (RGIPT), Jais, after three days of technical learning, innovation, competition and knowledge exchange. The conference was organised from 21 to 23 August 2026 and brought together around 250 students from reputed institutions across the country.
LIC's record OFS stirs the 'near-zero' deal advisor fee debate again
LICs 31,500 crore share sale will earn its four investment banks a paltry 4 lakh in fees in total, reviving concerns over aggressive undercutting as banks chase prestige and future mandates, while the smaller advisors risk being priced out.
Godrej Industries group signs pact to invest 20,000 crore in Haryana state
Godrej Industries group signs pact to invest Rs 200 billion in Haryana
Godrej Industries Group plans a substantial Rs 20,000 crore investment in Haryana. This initiative is expected to generate approximately 40,000 new employment opportunities across the state. Godrej Properties Limited will lead this expansion, investing an additional Rs 16,000 crore by FY28. Godrej Ventures will also invest Rs 3,500 crore in Gurugram's office infrastructure. These combined efforts will significantly boost Haryana's economic development and employment landscape.
Indian IT stocks gained on Monday as reports of Nvidias potential server price hikes revived concerns over rising AI infrastructure costs and stretched valuations. The Nifty IT index rose over 1%, with Infosys and HCLTech among the gainers. Analysts, meanwhile, continue to debate whether Indias IT sector offers an anti-AI advantage.
L&T wins over 15,000 crore gas compression project in West Asia
The project will cover new onshore facilities for sour gas processing, along with power infrastructure to support the compression plants
Acutaas Chemicals gains as board OKs Rs 212-cr capex for new plant
Acutaas Chemicals advanced 1.89% to Rs 3,228.35 after the company's board approved a capital expenditure (capex) of Rs 212 crore for establishing a manufacturing plant for new electronic grade chemicals in Gujarat.
Gaja Alternative Asset Management IPO ends with 31.33 times subscription
The offer received bids for 79.35 crore shares as against 2.53 crore shares on offer.
Muthoot Finance, Manappuram Finance shares rally up to 11% in 4 days as gold crosses Rs 1.63 lakh
Gold loan stocks Muthoot Finance, Manappuram Finance and IIFL Finance gained sharply as gold prices climbed on a weaker dollar and liquidity support from the US Treasury. Investors are watching US inflation data and Fed signals at Jackson Hole. Rising gold prices and geopolitical tensions continue supporting demand for gold-backed lending.
Orris Infrastructure Shares What Today's Homebuyers Are Really Looking for Beyond Location
New Delhi [India], August 24: For decades, one rule dominated real estate conversations: location, location, location. While a well-connected address remains important, the priorities of today's homebuyers are becoming far more layered. A home is increasingly being evaluated not simply by where it is located, but by the quality of life it can enable every day.
TV-digital ad mix helps FMCG brands shape purchase behaviour: Report
Combining TV and digital outperformed TV alone for nearly 75% of brands studied, while a balanced media mix delivered stronger impact for 80% of brands, an analysis by Worldpanel by Numerator found
L&T's Energy Hydrocarbon division bags 'ultra-mega' project in the Middle East
Larsen & Toubro (L&T) said that L&T Energy Hydrocarbon Onshore (LTEH Onshore) has signed the contract for undertaking a gas compression facilities project for a prestigious client in the Middle East against a letter of award issued in FY26.
Allcargo Terminals Ltd Partly Paidup leads gainers in 'B' group
Marathon Nextgen Realty Ltd, Virat Industries Ltd, Advit Jewels Ltd and Super Tannery Ltd are among the other gainers in the BSE's 'B' group today, 24 August 2026.
L T Foods Ltd leads gainers in 'A' group
Balu Forge Industries Ltd, Vishal Mega Mart Ltd, EID Parry (India) Ltd and KRBL Ltd are among the other gainers in the BSE's 'A' group today, 24 August 2026.
Nifty drops below 24,200 level; consumer durables shares decline
Consumer durables shares declined after advancing in the previous two trading sessions.
Oriental Hotels to merge with Tata Groups IHCL
The Scheme of Arrangement proposes a share exchange ratio of 25 IHCL shares for every 117 OHL shares and is an all-stock transaction
Embassy REIT unitholder flags alleged disclosure lapses, questions Axis Trustee role before SEBI
A complaint to SEBI by an Embassy REIT unitholder accuses delayed disclosures of criminal cases involving its sponsor and promoters. Embassy Group refuted the claims, labeling them as unfounded attempts to damage its reputation, citing previous court dismissals of similar allegations.
TVS Supply Chain, Japan's Sankyu sign pact to collaborate across services
TVS Supply Chain Solutions on Monday said it has signed an initial pact with Japan-based Sankyu Inc to collaborate across supply chain and engineering services. As part of the memorandum of understanding (MoU), Sankyu intends to acquire a 0.5 per cent stake in TVS Supply Chain Solutions (TVS SCS), subject to customary regulatory approvals. Under the partnership, the companies will explore opportunities to deliver enhanced value through a broader portfolio of solutions spanning logistics, warehousing, transportation, engineering services, maintenance and on-site industrial support. The collaboration will initially focus on opportunities in India, where both companies see significant potential to support manufacturing and industrial customers through a broader range of supply chain and engineering services, TVS SCS said in a statement. Over time, the collaboration is expected to expand into other markets across Asia, the Middle East and Africa, leveraging the combined capabilities of
Urban Company shares surge 7% to 11-month high, rally 16% in 2 sessions. Here are 2 reasons why
Urban Company shares rallied on Monday, after a bullish brokerage call and a legal development involving Kent RO. Kent RO has agreed to remove advertisements and social media content that allegedly made false and misleading claims about Urban Companys Native water purifiers. The stock hit its highest level in nearly 11 months.
Avaada said to plan public filing for $800 million IPO
Avaada Electro is gearing up for an initial public offering aiming to raise up to $800 million. The solar manufacturing company has partnered with several banks to oversee this potential share sale, which will feature new stock along with a secondary sale. This move aligns Avaada Electro with other players in the renewable energy sector striving for capital markets engagement, currently boasting a solar manufacturing capacity of 8.5 gigawatts.
Aurobindo arms facility in US gets 4 observations from USFDA
The inspection concluded with four observations, which are procedural in nature, and we will respond to the USFDA within the stipulated timeline
Insolation Green Energy receives LoA for setting up 9 solar power projects
From MSEDCL
Garage door wont open in the morning? 7 things to check before calling a repair service
A stuck garage door can disrupt morning routines and requires simple checks. Investigate the remote, wall switch, and power supply for immediate solutions. Inspect safety sensors and ensure the door moves manually for mechanical issues. Moisture and temperature changes can also affect door operation and components. For complex problems, professional assistance prevents further damage and potential injury.
Why airfares are rising even as fewer Indians fly
Airlines are cutting flights faster than demand is falling, keeping planes more than 85% full and leaving passengers with fewer chances of cheaper fares.
Chinas J-16 fighter jets share skies with Rafales in Egypt
China's J-16 fighter jets are participating in joint air exercises with Egypt. These drills follow scrutiny of China's J-10C fighters during a past India-Pakistan conflict. The Egyptian Armed Forces stated the exercises focus on common training and operational learning. Participating forces will exchange experience and align combat concepts during the drills. This exercise is part of Egypt's broader joint-training program with partner nations.
Modern society often rewards busyness and multitasking, leading to exhaustion. Plato's ancient wisdom emphasizes quality over quantity in all endeavors. This philosophy encourages deep focus and dedicated effort on important tasks. True success stems from doing things well, not merely completing them. Prioritizing depth over breadth builds lasting pride and mastery.
Kentuckys Mammoth Cave has a vast underground water network fed by rainwater entering sinkholes and cracks in the limestone. The same rapid pathways that supply cave rivers can also carry sewage, chemicals, pesticides and other pollutants underground, threatening the caves fragile aquatic ecosystems.
Dollar index holds around three-month lows; All eyes on July US PCE and Jackson Hole
The dollar index is hanging on to losses at around a three month low on Monday morning in Asia amid reduced bets for an immediate interest rate hike by the US Federal Reserve (Fed) and softer US Treasury bond yields, which, in turn, lend support to the non-yielding bullion. The US Department of the Treasury said last Wednesday that it would at least double buyback operations for long-dated government debt starting in September. Meanwhile, investors continued to monitor tensions in the Middle East, with the US expected to announce new sanctions against Tehran. This could trigger further disruptions in oil movement and push energy prices higher. Markets will now focus on July PCE inflation data and Fed Chair Warshs Jackson Hole speech for further clues on the US rate outlook. The dollar index that measures the greenback against a basket of currencies is quoting at 98.78. Among basket currencies, EUR/USD and GBP/USD eased slightly and are trading around $1.1688 and $1.3642 ...
Kellton secures contract for developing AI-driven enterprise claims management platform
For a leading US healthcare administration and claims management company
India's forex reserves scontinue to rise
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Urban Company jumps after Kent RO agrees to pull down advertisements
Urban Company jumped 5.88% to Rs 167.92 after the company said Kent RO Systems has agreed before the Delhi High Court to withdraw advertisements and social media content that Urban Company alleged were disparaging its Native water purifiers.
MSM Unify appoints Rishi Kapoor as CFO ahead of potential FY28 IPO
MSM Unify, the global platform connecting students, recruitment partners, and universities across markets on six continents, on Monday announced the appointment of Rishi Kapoor as Chief Financial Officer. The appointment comes as the company advances its plans for a potential Initial Public Offering (IPO) on Indian stock exchanges, paired with an international listing, targeted for fiscal year 2028. In his new role, Kapoor will oversee financial strategy, fundraising, investor relations, and financial operations across MSM Unify's global markets, including North America, Europe, MENA (Middle East and North Africa), India, Africa, and Australia. He will also lead the company's IPO readiness in India and its broader dual-listing strategy across Indian and international markets. Kapoor brings more than two decades of finance leadership experience across edtech, IT, pharmaceuticals, and supply chain businesses. Over the course of his career, he has led the raising of more than USD 135
Supreme Court slams luxury litigation, imposes Rs 5 lakh cost on both litigants
The Supreme Court has strongly disapproved of luxury litigation practices. Influential individuals indulging in such cases delay genuine legal proceedings. The court imposed a Rs 5 lakh cost on each litigant for unclean hands. Actress Rehana Khan and her lawyer faced rejection of their prolonged legal battles. Their actions occupied court time meant for other deserving litigants.
Canada rejected US tariff deal. Now comes the economic cost
Canada faces economic fallout after trade talks with the US collapsed and Washington imposed 50% tariffs on hundreds of Canadian products. Economists warn of slower growth and job losses, while Prime Minister Mark Carney plans retaliatory tariffs despite concerns they could raise consumer prices.
Why Ramayana could change how Indian films travel overseas
Sony Pictures distribution of Ramayana could help Indian films break beyond diaspora audiences. Global studios bring scale and reach, while Indian distributors offer local insightmaking hybrid models an increasingly compelling route for ambitious films.
Drought-hit England tells South Asians to wash rice twice, urges less water for wudu
England faces a water crisis after summer heatwaves depleted reservoir levels. Taxpayer funds support campaigns encouraging fewer rice washes and reduced ablution water. Celebrity chef Ping Coombes advocates washing rice twice to save water. Muslims are urged to perform wudu using a one-litre jug instead of taps.
US billionaires are piling millions into Argentina's Shale boom, heres what is driving it
American billionaires are increasing investments in Argentina's Vaca Muerta shale basin. Harold Hamm's Continental Resources plans a $4 billion joint venture with Mercuria Energy Group. Peter Thiel's hedge fund acquired a significant stake in Vista Energy, a leading producer. These investments follow President Javier Milei's economic reforms and deregulation. Vaca Muerta's production and resource estimates have seen substantial growth.
IHCL to merge Oriental Hotels in all-stock deal, adding 825 rooms
The merger will simplify IHCLs holding structure, give it direct ownership of seven OHL hotels and allow it to deploy its balance sheet on upgrades and expansion.
Meesho shares under pressure after 1% block deal worth 945 crore
As of 11.36 AM, Meesho was trading at 202.28 on the NSE, down 1.66 per cent from its previous close of 205.69. The stock opened at 207.24, touched an intraday high of 212.65 and a low of 201.56.
Active Clothing Co surges after securing pan-India distribution mandate for global brands
Active Clothing Co surged 9.55% to Rs 121 on Monday after the company announced an arrangement for the pan-India distribution of four global brands - Levi's, Nike, Jordan Kids and Ben Sherman Men's.
Market pare gains; PSU bank shares tumble
At 11:30 IST, the barometer index, the S&P BSE Sensex, declined 157.86 points or 0.20% to 77,386.07. The Nifty 50 index lost 51.20 points or 0.21% to 24,200.95.
Madhur Knit Crafts, ABH Healthcare SME IPOs Day 1: Early subscription, GMP, and key details
Madhur Knit and ABH Healthcare SME IPOs opened on August 24, 2026, attracting early investor interest. Madhur Knit showed a 16% GMP, while ABH Healthcare had no GMP. Both issues close August 27, with listings expected September 1. Investors will track subscription trends, valuations, proceeds utilisation and grey-market sentiment closely.
Indian banks in best shape in a decade: Motilal
Stock markets rise in early trade on buying in blue-chips
The 30-share BSE Sensex climbed 202.42 points to 77,744.15 in early trade. The 50-share NSE Nifty was up 55.35 points to 24,309
Rupee rises 7 paise to 95.64 against U.S. dollar in early trade
Forex traders said the Dollar Index has weakened, but elevated Brent crude and persistent importer demand limited the rupee's gains
Third Wave Coffee raises $43 mn in funding round led by WestBridge Capital
The coffee chain will use the fresh funding to expand in existing markets, enter new eastern cities and strengthen its food offerings, including desserts
Tata Group-owned IHCL announces all-stock merger with Oriental Hotels
Tata Group-owned Indian Hotels Company Ltd (IHCL) on Monday said Oriental Hotels Ltd will be merged with IHCL through an all-stock transaction. The Boards of Oriental Hotels and IHCL have approved a Scheme of Arrangement to this effect. The Scheme of Arrangement proposes a share swap ratio of 25 IHCL shares for every 117 OHL shares, and aims to complete the transaction in the second half of FY2028. In line with our Accelerate 2030 strategy of creating value, simplifying the group's holding structure and unlocking the full potential of OHL portfolio including iconic assets like Taj Coromandel, Chennai, Taj Fisherman's Cove Resort & Spa, Chennai and Taj Malabar Resort & Spa, Cochin, the Boards of IHCL and OHL have today approved this merger, Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL said. Oriental Hotels is an associate company of IHCL. The company has a portfolio of seven hotels with 825 rooms. This includes freehold assets: Taj Coromandel - ...
Sugar stocks Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 11%. Here are 2 triggers
Sugar stocks rose sharply on Monday as domestic sugar prices climbed above Rs 50 per kg amid tight inventories and supply concerns. Festive demand, adverse weather in key producing regions and Brazils shift towards ethanol are adding to worries over availability. The government has also tightened stockholding limits to curb hoarding.
TVS SCS and Japans Sankyu sign MoU; Sankyu intends to acquire a 0.5% equity stake in TVS SCS
The partnership will focus on expanding supply chain and engineering services, initially targeting manufacturing and industrial customers in India.
Monarch Surveyors and Engineering gains on bagging Rs 2-cr work order
Monarch Surveyors and Engineering Consultants added 1.83% to Rs 224.95 after the company announced that it has received a work order worth Rs 1.68 crore from Fursungi-Uruli Devachi Nagar Parishad.
B.R.Goyal Infra gains after bagging Rs 151-cr NHAI work order
B.R.Goyal Infrastructure rose 1.51% to Rs 194.50 after the company received a work order worth Rs 151.06 crore from the National Highways Authority of India for engagement of a user fee agency through e-Tender at Jajau Fee Plaza in Madhya Pradesh.
Fascinate Textiles shares list at 20% discount to issue price of Rs 151 on NSE SME platform
Fascinate Textiles shares made a weak NSE SME debut on August 24, listing at a 20% discount to the IPO price despite the issue being subscribed 1.48 times. The company reported strong FY26 revenue and profit growth.
Hexaware Technologies shares rally 5%; Motilal Oswal reiterates buy with target price of Rs 720
Hexaware Technologies shares rose on Monday after Motilal Oswal reiterated its Buy rating with a Rs 720 target, implying 35% upside. The brokerage highlighted the companys AI strategy, including Zero License and token-based pricing models, while expecting delayed deal ramp-ups and AI-led opportunities to support stronger growth in CY27.
Lalithaa Jewellery Mart shares surged after debuting at a 32% premium to the IPO price, reaching over 36% gains. Strong subscription, attractive valuations versus peers and expansion plans have supported investor optimism. Analysts, however, caution about gold-price volatility, working-capital intensity, inventory management and consumer demand while offering mixed hold or profit-booking strategies.
Mayank Cattle Food launches new product 'Mayank Uddersafe'
MAYANK UDDERSAFE is an advanced udder health protection formula specially developed to help prevent and manage mastitis in dairy animals. It supports healthy udder function, improves milk quality, and reduces the economic losses associated with treatment costs and decreased milk production. Designed for regular use during risk periods, Uddersafe helps maintain udder hygiene, strengthens natural defense mechanisms, and promotes overall dairy productivity.
NSE SME Fascinate Textiles gets off to a rocky start
Fascinate Textiles traded at Rs 114.80 on the NSE, a 23.97% discount to the issue price of Rs 151.
Diamond Power Infra bags Rs 53-cr LoI from Aurionpro Solutions
Diamond Power Infrastructure announced that it has received a Letter of Intent worth Rs 52.86 crore from Aurionpro Solutions for the supply of high-tension and low-tension electrical cables for a hyperscale data centre campus in Hyderabad.
Smartworks Coworking gains after adding incremental contracted revenue of Rs 235 crore
Smartworks Coworking Spaces added 2.26% to Rs 534.55 after the company announced that it has added Rs 235 crore of incremental contracted rental revenue through expansion mandates from existing clients across multiple cities.
Nifty above 24,250; metal shares in demand
At 10:30 IST, the barometer index, the S&P BSE Sensex, jumped 90.82 points or 0.12% to 77,631.65. The Nifty 50 index added 29.95 points or 0.12% to 24,280.25.
Vishal Mega Mart shares soar 10% after CEO reappointment. Here's why Morgan Stanley sees 41% upside
Vishal Mega Mart surged after the company reappointed Gunender Kapur as Founder, MD & CEO for a five-year term through August 2031. Morgan Stanley retained its Overweight rating, saying the move eases succession concerns and provides continuity to the retailers growth strategy, while maintaining a Rs 146 target price, implying over 41% upside from the previous close.
Oriental Hotels to merge with IHCL in all stock deal
IHCL owns 37 per cent stake in OHL
Power Grid wins bid for transmission project in Gujarat
Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding to establish Inter-State Transmission System for the project namely Transmission system for Integration of Power from RE Projects in Jam Khambhaliya REZ in Gujarat - Phase II (5500MW) and Jamnagar Phase-I (1000 MW) on Build, Own, Operate and Transfer (BOOT) basis, at a discovered tariff of Rs. 822.91 crore per annum. The Letter of Intent (LoI) has been received by POWERGRID on 21 August 2026.
LIC, Indian Overseas Bank among 10 stocks with maximum GoI holding in Q1: See full list
Government ownership remains high across several listed companies, with the Centre holding over 87% stake in each of the top 10 stocks as of June 30, 2026. The companies span sectors including financial services, fertilisers, engineering, trading and tourism, with their market capitalisations varying widely.
Horizon Industrial Park makes weak debut on BSE; lists at discount
Shares of Horizon Industrial Parks were currently trading at Rs 58.73 at 10:11 IST on the BSE, representing a discount of 2.12% as compared with the issue price of Rs 60.
