In a market short on fresh triggers, several stocks quietly grabbed attention on June 29, driven by technical breakouts, strong price action, and sustained buying interest.The selected stocks are showing strong upward momentum, trading well above their key short- to medium-term moving averages, whi…
Shares of Kotak Mahindra Bank Ltd fell more than 2 percent in early trade on June 29 after the lender announced that Managing Director and Chief Executive Officer Ashok Vaswani will not seek reappointment when his current term ends on December 31, 2026, triggering investor concerns over the bank's…
HDFC Bank shares traded higher in early deals on June 29 after two global brokerages reiterated their bullish calls on the private sector lender. Analysts said an independent legal review into allegations raised by former chairman Atanu Chakraborty should help reduce governance concerns that have w…
Prabhudas Lilladher's research report on Persistent SystemsThe investments (USD 1.6bn) in Nagarro is largely complementing and scaling the core business dynamics of PSYS, in terms of expanding new verticals and geographies, where PSYS has marginal presence. More importantly, the target entity share…
PFC and REC shares traded lower in early deals on Monday after the state-run lenders approved their long-awaited merger scheme to create a power sector financing giant with a combined loan book of over Rs 11 lakh crore. PFC shares were down 1.83% at Rs 424.75, while REC declined 0.32% to Rs 363.50…
Shares of Transrail Lighting are likely to remain in focus after the company secured new international orders worth around ₹459 crore, primarily in its Transmission & Distribution (T&D) business.The contracts mainly comprise EPC projects for the construction of transmission lines in the MENA region…
Shares of Indoco Remedies are likely to remain in focus after the company said its solid oral dosage manufacturing facility (Plant I) in Goa has received EU Good Manufacturing Practice (GMP) certification from the Malta Medicines Authority.The certification follows an inspection conducted by the re…
Shares of Lupin will be in focus after the drugmaker said it has received tentative approval from the US Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Enzalutamide Tablets in strengths of 40 mg, 80 mg, 120 mg and 160 mg.The USFDA has tentatively approved t…
The benchmark indices witnessed profit booking in the second half of the session and closed off the day's high with marginal gains on June 25. Market breadth remained weak, with about 1,972 shares declining against 1,020 advancing shares on the NSE. The consolidation may continue as long as the mar…
Shriram Finance is expected to replace Bajaj Finserv in the BSE Sensex during the December 2026 index review, according to the Quiddity Leaderboard report published on SmartKarma. Based on the latest available data, the report expects one change in the benchmark index, with one-way passive flows es…
Broader markets snapped their two-week winning streak and underperformed the benchmark indices during the holiday-shortened week, as profit booking in select high-beta stocks weighed on sentiment. Despite the Nifty 50 climbing to a more than one-month high, participation in the broader market remai…
Nagarro SE/ Key word(s): Tender OfferPersistent and Nagarro sign Business Combination Agreement to form the Persistent - Nagarro Group, a global leader in AI-led digital engineering27.06.2026 / 00:04 CET/CESTThe issuer is solely responsible for the content of this announcement.June 26, 2026Munich…
Established a German subsidiary for European M&A, agreed to acquire 21% of Nagarro SE for EUR 81/share, and launched a public offer for full control. Secured EUR 1.4B bridge financing from Barclays, with completion subject to regulatory approvals.Original document: Persistent Systems Limited [PERSI…
Nagarro SE / Key word(s): Mergers and Acquisitions / Takeover OfferNagarro SE: Nagarro signs business combination agreement with Persistent Systems and supports voluntary public takeover offer to all shareholders at EUR 81 per share26-Jun-2026 / 23:36 CET/CESTDisclosure of an inside information acc…
Galaxy Germany Holding SE / Key word(s): AgreementPersistent and Nagarro sign Business Combination Agreement to form the Persistent – Nagarro Group, a global leader in AI-led digital engineering26.06.2026 / 23:36 CET/CESTThe issuer is solely responsible for the content of this announcement.June 26…