Day: August 26, 2026

Mopshop Distribution traded at Rs 137 on the BSE, a 0.72% discount to the issue price of Rs 138.

Mopshop Distribution traded at Rs 137 on the BSE, a 0.72% discount to the issue price of Rs 138.

Kuantum Papers rose 2.90% to Rs 74.21 after the company announced the successful restart of Paper Machine-3 (PM3) at its manufacturing facility in Saila Khurd, Hoshiarpur, Punjab, on 26 August 2026.

Phoenix Mills Ltd saw volume of 1.28 lakh shares by 10:45 IST on BSE, a 16.81 fold spurt over two-week average daily volume of 7623 shares

Hindustan Zinc stock: Jefferies has raised the target price to ₹750 from ₹660 and retained a ‘Buy’ rating. The target implies an upside of 26 per cent from the previous close of ₹592.60.

The letter requires the Company to submit the information/ documents including performance record during the current concession period and Investment and Business Plan for the extended Concession Period, within 90 days of the letter.

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India’s CRDMO sector growth rebounded to 19% YoY in Q1FY27 versus just 9% YoY in the March 2026 quarter, marking the highest growth level since the December 2024 quarter, notes Jefferies.

Arvind said that the credit rating agency CARE Ratings has upgraded the company’s long-term credit rating to ‘CARE AA; Stable’ from ‘CARE AA-; Stable’.

The Indian rupee (INR), like other EMEs, exhibited a depreciating bias in July owing to rising crude oil prices, driven by West Asia tensions, RBI noted in its August bulletin. A brief de-escalation of US-Iran tensions late in July led to a momentary appreciation of the INR. In August so far (till 20th), the INR…