Day: September 3, 2026

Jefferies initiates BWX Technologies stock with buy on naval reactor position

The benchmark indices traded near the flat line in afternoon trade. The Nifty traded below the 23,950 mark. IT, FMCG and metals shares declined while banks, realty and financial stocks managed to trade in the green.

JPMorgan upgrades Envista stock rating on improved execution

Rays of Belief IPO saw strong demand on its third and final day of bidding, with the Rs 125-crore issue receiving bids far exceeding the shares on offer. The retail portion led demand, while the NII segment also saw strong interest. Here’s a look at the IPO, GMP, financials and investment outlook.

Maven Income and Growth VCT 3 admits 510,459 new shares to trading

The Deepa Jewellers IPO entered its final day of bidding with strong investor interest, while its grey market premium moderated from earlier levels. Brokerages remain positive on the issue, citing strong earnings growth, attractive valuations and expansion plans, though customer concentration and working-capital requirements remain key risks.

Santam H1 2026 slides: 8.1% margin holds despite R1.5bn weather hit

Maven Income & Growth VCT 4 admits 454,471 new shares to trading

RBC Capital initiates RingCentral stock coverage with outperform rating

ProPicks AI September Investor Letter: Small Caps are breaking out again