The company is expanding its digital payment infrastructure through SaaS and global markets, targeting 70%-80% annual growth and higher margins by FY 2029. Product innovation, AI adoption, and a disciplined acquisition strategy underpin its outlook, with a strong pipeline in TSP, PPaaS, and RegTech…
Roadzen Posts First ‘Rule of 40’ Quarter in Two Years; FY2026 Net Loss Narrows 69% and Adjusted EBITDA Loss Improves 58%, with Seventh Straight Quarter of Adjusted EBITDA Gains Nearing Breakeven_______________________1 Adjusted EBITDA is a non-GAAP financial metric. See “Non-GAAP Financial Measures…
MSTC shares rose more than 6 percent on Monday after the Delhi government approved the Delhi EV Policy 2026, which offers scrappage incentives along with purchase subsidies to encourage the adoption of electric vehicles.The company is involved in handling scraps, old plant & machinery, surplus stor…
Flex workspace has become a core strategy, with a future-ready platform and proprietary technology driving productivity and adaptability. Data-driven design, operational excellence, and a focus on member experience have resulted in high loyalty and sustained growth.Original document: WeWork India M…
Jefferies has initiated coverage on Radico Khaitan and Allied Blenders and Distillers with a 'Buy' rating, while assigning a 'Hold' rating to United Spirits, saying the Indian alcoholic beverages sector is supported by a rising population of legal alcohol consumers, improving affordability and prem…
Shares of Bajaj Auto were trading at Rs 9,639, down 2.07%, in afternoon trade on Monday after the company issued the letter of offer for its Rs 5,632.8 crore share buyback.The company has fixed July 1 as the opening date for the buyback, with the tender offer set to close on July 7. Under the offer…
Shares of Oberoi Realty were trading at Rs 1,774, up 1.42%, in afternoon trade on Monday after the company announced the launch of its ultra-luxury residential project, Three Sixty North, in Gurugram.In an exchange filing, the company said the project is spread across 14.8 acres on Golf Course Exte…
Espire Hospitality Limited reports its highest ever revenue of ₹14,106 Lakhs in FY 2026, a growth of 17% as compared to FY 2025; and its highest ever EBITDA of ₹3,190 Lakhs, a growth of 38% as compared to FY 2025The Company has registered a revenue of ₹4,873 Lakhs in Q4-FY26, a growth of 19% as com…
Shares of Hindustan Aeronautics Ltd (HAL) were trading at Rs 4,318, down 1.16%, in afternoon trade on Monday after the defence PSU announced a final dividend for FY26.In an exchange filing, the company said its board has recommended a final dividend of Rs 10 per equity share for the financial year…
Shares of Hexaware Technologies Ltd rose nearly 7 percent on June 29, emerging as the top gainer on the BSE Midcap index even as the broader market traded lower. The stock climbed as much as 6.7 percent to Rs 528 in early afternoon trade, taking its market capitalisation to about Rs 32,200 crore. H…
Apollo Micro Systems shares climbed more than 6 percent on Monday after reports said its key client, Bharat Electronics Ltd (BEL), is likely to receive a Rs 30,000 crore order for the Quick Reaction Surface-to-Air Missile (QRSAM) programme.The stock rose 6.17 percent to Rs 408.10 per share on the N…
Shares of Nibe Ltd fell nearly 3% in morning trade on Monday after the defence and aerospace manufacturer announced the resignation of its Chief Executive Officer and Key Managerial Personnel, Prakash Hari Khose.The stock was trading at Rs 1,610, down 2.79%.In an exchange filing, the company said K…
Motilal Oswal's research report on AstralAstral’s (ASTRA) Board has approved the business restructuring plan to consolidate its Plumbing and Chemical businesses into separate entities. It will take 9-12 months to complete the demerger process. The large capex cycle is behind, and ASTRA aims to grow…
A global packaging leader with 18 plants and a presence in 150+ countries, achieved FY26 revenue of Rs. 155.1 billion and EBITDA of Rs. 19.1 billion. Strategic investments in aseptic, WPP, and recycling drive growth, with strong sustainability initiatives and a robust global footprint.Original docu…
Dr Reddy's Laboratories shares extended their gaining streak to the sixth consecutive session on Monday, emerging among the top performers on the Nifty50 index.The stock gained after the US drug regulator completed an inspection at the company's biologics facility in Bachupally, Hyderabad, and issu…
Motilal Oswal's research report on Persistent SystemsPersistent Systems announced two strategic developments: (1) the acquisition of Nagarro for an enterprise value of €1.27b, and (2) a new USD650m+ services contract over 6.5 years with an existing US-based technology customer. Nagarro adds ~USD1.1…
Motilal Oswal's research report on Tata CapitalTata Capital (TCL) is among India’s leading diversified NBFCs, with an AUM of INR2.77t as of Mar’26. The company has delivered a robust ~29% AUM CAGR (excluding Motor Finance) over FY23-26, reflecting the strength of its franchise, diversified business…
Shares of Blue Cloud Softech Solutions Ltd fell nearly 8% in early trade on Monday after the company announced that it has been empanelled by Bharat Sanchar Nigam Ltd (BSNL) as a Captive Non-Public Network (CNPN) Provider under Category III.The stock was trading at Rs 19.42, down 7.66%.In an exchan…
Several stocks are likely to remain in focus on June 29 amid key corporate developments, including regulatory updates, acquisitions, merger proposals, project wins and real estate expansion.Dr Reddy's Laboratories shares gained 4 percent after the US Food and Drug Administration (US FDA) completed…
Persistent Systems shares tumbled nearly 10 percent on June 29 after the IT services company announced plans to acquire German digital engineering firm Nagarro SE in a Euro 1.4 billion deal. Brokerages offered sharply divergent views on the transaction, ranging from very bullish to bearish.The stoc…