Summary Electric vehicle stocks witnessed strong buying interest on June 30 after the Delhi government approved a new Electric Vehicle (EV) Policy designed to accelerate clean mobility adoption in the capital. Ola Electric Mobility emerged as one of the biggest gainers, climbing nearly 10% during intraday trading, while Ather Energy and JBM Auto also traded … Read more
Summary Hospitality technology company Prism, the parent company of OYO, has moved a step closer to its public market debut by filing an updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company plans to raise ₹6,650 crore through a 100% fresh issue of shares, while existing investors … Read more
Summary Banking stocks are likely to remain in focus on June 30 after several important corporate announcements across the sector. HDFC Bank named former Finance Secretary Rajiv Kumar as its proposed chairman, Axis Bank and Bandhan Bank reported key CFO resignations, four major public sector banks paid nearly ₹9,439 crore in dividends to the government, … Read more
Summary Apollo Micro Systems shares outperformed the broader market on Monday, surging nearly 6% even as benchmark indices traded under pressure. Investor optimism was fueled by reports that Bharat Electronics Ltd (BEL) could soon secure a massive defence contract under the Quick Reaction Surface-to-Air Missile (QRSAM) programme, where Apollo Micro Systems is part of the … Read more
Summary India’s IPO pipeline continues to gather momentum as Torrent Gas and Sathya Agencies have secured regulatory approval from SEBI to launch their initial public offerings. While Torrent Gas is expected to hit the market with a pure Offer for Sale (OFS), Sathya Agencies plans to raise fresh capital to reduce debt and fund business … Read more
Summary Turtlemint Fintech Solutions made a weak stock market debut on Monday as its shares listed at a sharp discount to the IPO price. The stock opened at ₹134.90 on the NSE against the issue price of ₹152, wiping out over 11% of investors’ capital on listing itself. A retail investor allotted one IPO lot … Read more
Summary Adani Green Energy is expected to attract investor attention when the market opens on Monday after commissioning a new 150 MW solar power project in Gujarat. The latest addition has pushed the company’s total operational renewable energy capacity to nearly 20 GW, marking another significant milestone in its long-term expansion strategy. The announcement comes … Read more
Summary The primary market is set for another busy week as Aastha Spintex Ltd. launches its ₹170 crore mainboard IPO on June 29, 2026. The company, which operates in the cotton yarn and cotton bale manufacturing business, plans to use a major portion of the proceeds to acquire Falcon Yarns Pvt. Ltd. While the company … Read more
Summary Parmeshwari Silk Mills has emerged as one of the biggest multibagger micro-cap stocks over the past year, delivering a staggering return of more than 800%. Despite this extraordinary rally, MarketsMOJO has maintained a ‘Hold’ rating on the stock. While the company benefits from attractive valuations and strong price momentum, concerns around debt, earnings quality, … Read more
Summary Suzlon Energy has returned to the spotlight after MarketsMOJO revised its rating on the renewable energy company from Buy to Hold. The revision comes despite continued earnings growth, healthy profitability and strong institutional ownership, indicating that valuation and technical factors have started influencing the stock’s near-term outlook. A strong balance sheet and consistent earnings … Read more