Category: Business News & Economy

India’s power transmission sector anticipates growth, with new policies supporting domestic manufacturing. Chinese firms can participate, but strict localization rules will ensure local content. Supply constraints in transformers are expected to ease, benefiting grid equipment suppliers. Demand for transmission infrastructure remains strong, especially for high-voltage equipment. GE Vernova and Atlanta Electricals are positioned to benefit…

Avantel shares rose sharply on Monday after the company reported robust June quarter earnings, with revenue rising 36% year-on-year to Rs 70.42 crore and net profit jumping 67% to Rs 5.39 crore. The stock traded above all key moving averages, while FIIs increased their stake during the June 2026 quarter.

South Korea’s benchmark Kospi index plunged 8% to lower circuit on Monday as rising tensions in the Gulf and soaring oil prices rattled global markets. The selloff, led by sharp declines in AI-heavyweights SK Hynix and Samsung Electronics, pushed the index deeper into bear market territory, although it remains the world’s best-performing major stock market…

Gold and silver prices extended losses on the MCX for a second straight session on Monday amid rising oil prices triggered by fears of a Strait of Hormuz closure. Higher crude prices raised concerns over persistent inflation and prolonged high interest rates, weighing on precious metals.

LTM shares will be in focus after the IT company reported largely in-line Q1FY27 earnings. While revenue growth remained muted, margins beat estimates and brokerages retained a broadly constructive stance. Nomura, Nuvama and Emkay reiterated positive ratings, while JM Financial maintained its ‘Reduce’ call. Analysts see improving deal execution supporting growth, though macro uncertainty and…

Five NSE F&O stocks, including CDSL, Biocon and Paytm, witnessed over 6% growth in futures open interest on July 10, signalling fresh positioning and heightened trader participation.

Antony Waste shares dropped after a waste mound collapse killed nine workers. The incident occurred at the PCMC Waste-to-Energy plant following heavy rainfall. The company will cover all expenses for the injured and bereaved families. Operations at the plant are temporarily suspended for safety assessments. Municipal waste collection and transportation services remain unaffected by the…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…