Latest
🇮🇳108d ago
Bain Capital-backed Dhoot Transmission files updated DRHP with Sebi for IPO, to raise Rs 1,400 crores via fresh issue
Dhoot Transmission, a Bain Capital-backed supplier specializing in two/three-wheeler components and electric wiring harnesses, has filed an updated Draft Red Herring Prospectus (DRHP) with market regulator Sebi for a ₹1,400 crore initial public offering via fresh equity issuance. The company plans to deploy IPO proceeds toward debt repayment and capacity expansion in Haryana and Tamil Nadu, targeting growth in the high-margin electric vehicle wiring harness segment.
🇮🇳108d ago
Concurrent Losers: 13 stocks decline for 5 consecutive sessions
Thirteen stocks listed on the BSE 500 index experienced losses across all five trading sessions in the week ending May 22, with Afcons Infrastructure and Alok Industries posting the steepest declines of 11% each. The broad-based weakness in consumer, metal, and industrial sectors contrasts with modest gains recorded by the headline Sensex index during the same period.
🇮🇳108d ago
Nomura picks 6 stocks with up to 49% upside potential that can benefit from India’s EV push
Nomura identified six Indian stocks including Mahindra & Mahindra, TVS Motor, and UNO Minda as beneficiaries of accelerating electric vehicle adoption, citing an approaching inflection point driven by rising fuel prices and supportive government policies. The selection reflects growing institutional confidence in India's EV transition across passenger cars and two-wheeler segments.
🇮🇳108d ago
Why organized players like Titan Company could emerge bigger winners in India’s evolving gold market
India's gold market is undergoing formalization despite elevated prices and increased taxation, with organized retailers like Titan Company expected to capture disproportionate growth. The shift favors established players with strong brand positioning and infrastructure over unorganized competitors.