Stock News

India’s food delivery landscape, long defined by a duopoly of Zomato and Swiggy, may finally face a credible third contender. Ride-hailing unicorn Rapido and hyperlocal discovery and commerce platform Magicpin have joined hands in a strategic partnership aimed at reshaping the economics of food delivery with a bold new entrant—Ownly. Magicpin-Rapido alliance combines the company’s […]

Global brokerage powerhouse UBS has initiated coverage on Shaily Engineering Plastics with a firm ‘Buy’ rating and a target price of INR 4,000 per share — implying a potential 60% upside from its latest closing price of around INR 2,500. The brokerage argues that the market is undervaluing Shaily’s execution strength, technological edge, and multi-segment

SBICAP Securities (often called “SBI Securities”) and Kotak Securities are two of India’s prominent full-service stock brokers backed by major banking groups. Both offer a comprehensive product suite, 3-in-1 account integration (bank + trading + demat), research support, and advanced trading platforms. In this article, we compare SBICAP Securities Vs Kotak Securities across company background,

In a major move to diversify its business and align with India’s green energy goals, Pace Digitek, a technology and infrastructure company, has entered the renewable energy space by incorporating a new wholly owned subsidiary — YTRANS GREEN X ENERGY (also referred to as Transgreenx Energy). TransgreenX Energy: A Renewable Energy Play According to filings,

ICICI Securities has initiated coverage on WeWork India Management with a resounding BUY rating, setting a target price of INR 914, implying an upside of nearly 49.84% from the current market price of INR 610. The brokerage’s optimism rests on WeWork India’s commanding position in India’s premium flexible workspace market, strong backing from the Embassy

Purple Wave IPO Description – Established in 2007, Purple Wave Infocom is a certified ISO 9001:2015 digital PRO AV (professional audio-video) integration and automation solutions provider. Headquartered in Delhi with branch offices in Bengaluru and Assam, the company employs 85 permanent staff and operates warehouses in Delhi, Manesar, and Bhiwandi, along with a service centre in

Exato Technologies IPO Description – Established in 2016, Exato Technologies is a customer transformation partner specializing in delivering technology-driven solutions that enhance customer engagement, operational efficiency, and digital transformation. The company has successfully served more than 150 clients, including several ET500 enterprises, with over 40% of its revenue derived from long-term service contracts averaging around five

Ravelcare IPO Description –Incorporated in 2018, Ravelcare operating in the beauty and personal care (BPC) sector, the company follows a digital-first, direct-to-consumer (D2C) model that emphasizes personalized solutions across haircare, skincare, bodycare, and scalp care categories. Its products are distributed through its own website, leading e-commerce platforms such as Amazon, Flipkart, and Myntra, as well as

Aequs IPO Description – Aequs is a leading precision component manufacturer in India, distinguished as the only player operating within a single Special Economic Zone (SEZ) offering fully vertically integrated manufacturing capabilities in the Aerospace Segment. With advanced capabilities spanning machining, forging, surface treatment, and assembly. Aerospace remains its primary revenue contributor, with programs supporting

The full-circle saga of Jaiprakash Associates and Adani Enterprises’ billion-rupee bet on revival In the early 2000s, few names symbolised India’s infrastructure ambition like Jaiprakash Associates (JAL). From massive hydro-projects to the iconic Yamuna Expressway, the Jaypee Group was everywhere — cement, power, real estate, hotels, and engineering. Its founder, Jaiprakash Gaur, a civil engineer