Riverwood Capital

HPL Electric and Power Ltd.’s shares fell 2.52 per cent after the company announced an Indian electric equipment manufacturer, has forged an alliance with Wirepas Oy, a global leader in RF mesh technology.  India’s smart metering market boasts 250 million metering points and stands at the threshold of expansion. HPL Electric and Power Ltd’s recent […]

Target: ₹3,000 CMP: ₹2,101.05 Data Patterns is a high-growth company with consistent margins & improving return ratios. We expect its strong momentum to continue in the medium term. A robust order backlog with a strong order pipeline and the focus on in-house product development and exports, we feel, will aid high growth and margins. Data

Target: ₹180 CMP:₹150.20 We upgrade NMDC to Buy from Add as sales volume in FY24 may breach the 32-40 mt range; long-term volume visibility is clearer as the roadmap for 100 mtpa by FY30, though aspirational, is being worked on; commercial mining in Odisha is progressively getting undermined, resulting in more opportunity; and RoE may

The NSE benchmark Nifty advanced over 33 points to close at a fresh lifetime high of 20,103 while Sensex ticked higher for the tenth straight session on Thursday, helped by fag-end buying in oil & gas, metal and commodity stocks amid a largely firm trend in global equities. After swinging between gains and losses throughout

A sharp drop in domestic prices in August boosted demand for edible oil, leading to an increase in imports. Data compiled by Solvent Extractors’ Association of India (SEA) showed that India imported 18.52 lakh tonnes (lt) of edible oil in August, against 13.75 lt a year ago, registering a growth of 34.69 per cent. India

Sun Pharmaceutical Industries Limited announced a licensing agreement between one of its wholly-owned subsidiaries and Pharmazz Inc., a U.S. biopharmaceutical company. The collaboration aims to introduce Sovateltide, an innovative drug designed to treat acute cerebral ischemic stroke, to the Indian market. Sovateltide, developed by Pharmazz, is a groundbreaking medication that can be administered up to

Wipro Limited’s shares were up by 0.80 per cent after the company unveiled its Cyber Defence Centre (CDC) in Dusseldorf, Germany. This marks the 17th centre of its kind globally, designed to offer specialised cybersecurity services to German and European clients. In response to the escalating threat of cyber-attacks and the growing emphasis on data

Bombay Dyeing and MG.CO.LTD’s shares were up by 16.73 per cent after the company announced that the Board of Directors at The Bombay Dyeing and Manufacturing Company Limited (BDMC) have given their approval to sell approximately 22 acres of land, along with the associated Floor Space Index (FSI), situated in Worli, Mumbai, to Goisu Realty