India’s auto components industry is set for a steady 7-9% revenue growth in FY26, according to a recent analysis by Crisil Ratings. The growth, mirroring last year’s performance, will be fueled by strong demand from two-wheelers (2Ws) and passenger vehicles (PVs), particularly utility vehicles, which together contribute nearly 50% of the sector’s total revenue. Key…
NBCC (India) Ltd., the state-owned construction major, has won a ₹162-crore contract for interior work at Tower H of the World Trade Centre in Nauroji Nagar, New Delhi. The contract has been awarded by Power Finance Corporation Ltd. and falls under NBCC’s routine business operations. Project Scope & Strategic Importance Market Reaction & Stock Performance…
The Government of India has unveiled an ambitious plan to increase domestic production of merchant vessels, aiming to reduce dependence on foreign ships and strengthen the country’s maritime capabilities. Strategic Vision & Policy Initiatives The initiative is driven by the realization that India needs a robust fleet of domestically built merchant ships to safeguard trade…
Zydus Lifesciences Ltd. is ramping up its vaccines and medtech portfolio, positioning itself for double-digit revenue growth in FY26. The pharmaceutical major, which posted its highest-ever operating profit and margins in FY25, sees biologics, vaccines, and medical devices as key drivers of expansion. Vaccine Strategy & Global Expansion Medtech Expansion & Strategic Acquisitions Financial Performance…
Rail Vikas Nigam Ltd. (RVNL) shares are under pressure ahead of its Q4 FY25 earnings, trading 36% below their peak of ₹647, which was recorded in August last year. Market Performance & Investor Sentiment Financial Expectations & Dividend Announcement Recent Developments & Order Wins With strong revenue projections and new contract wins, RVNL’s Q4 earnings…
The Securities and Exchange Board of India (SEBI) is expected to introduce a settlement scheme for commodity brokers involved in the long-standing National Spot Exchange Limited (NSEL) case. The proposal is likely to be tabled at SEBI’s June 2025 board meeting, marking a significant step toward resolving regulatory overhangs. Key Developments & Eligibility Criteria Industry…
Neogen Chemicals Ltd., a leading specialty chemicals manufacturer, has set an ambitious revenue target of ₹775–₹850 crore for FY26, despite facing operational setbacks earlier this year. Growth Drivers & Expansion Strategy Financial Outlook & Market Position Neogen Chemicals anticipates 10% revenue growth over FY25, with a long-term target of ₹1,000–₹1,100 crore in FY27. The company…
Aegis Vopak Terminals Ltd., India’s largest third-party owner and operator of LPG and liquid storage terminals, has announced the price band for its upcoming ₹3,500 crore initial public offering (IPO). The IPO will open for subscription on May 26, 2025, and close on May 28, 2025. IPO Structure & Fund Utilization The IPO consists entirely…
Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey has pledged to tackle disclosure gaps head-on, acknowledging that virtually no public disclosure existed for SEBI’s leadership before his tenure. Key Concerns & Regulatory Actions Market Reaction & Governance Reforms Future Outlook & Policy Changes Pandey emphasized that transparency and accountability will be central…
Shiprocket, the e-commerce logistics platform backed by Zomato and Temasek, has confidentially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its upcoming ₹2,500 crore initial public offering (IPO). IPO Structure & Fund Utilization The IPO will consist of: The funds raised will be used for product…
