🇮🇳 India Daybook ~ Stocks in News

Positive Buzz

• Afcons Infra: The company has secured a massive Letter of Acceptance (LoA) worth ₹5,301 crore for the Breakwater Project at the Vadhvan Port, marking a significant addition to its order book.
• RVNL: The railway PSU is in focus after securing a new contract for railway signaling works, continuing its momentum in the infrastructure space.
• HCLTech: The IT major has announced the launch of an "AI Innovation Zone" collaboration, aiming to accelerate generative AI adoption for global clients.
• Ramkrishna Forgings: The board has approved the allotment of equity shares and warrants worth ₹52.7 crore to bolster its capital base.
• PNB Housing Finance: The company has approved the allotment of Non-Convertible Debentures (NCDs) worth ₹500 crore to fund business growth.
• L&T Technology Services & PI Industries: Both stocks saw strong buying interest in the previous session, surging over 7% each, and are expected to carry forward the positive momentum.
• CMR Green Technologies: The metal recycler is set to make its stock market debut today following its ₹631 crore IPO.

Neutral Developments

• Ex-Dividend Stocks: Several high-profile stocks will trade ex-dividend today, including Infosys (₹25/share), Tata Elxsi (₹75/share), Indian Bank (₹18.25/share), Tata Chemicals (₹11/share), and Tata Investment Corp (₹3.40/share).
• Gautam Exim: The stock will trade ex-bonus today in the ratio of 3:1.
• NLC India: The government has decided to exercise the oversubscription option for an additional 1% stake in the ongoing Offer for Sale (OFS), taking the total offer to 3%.
• Power Grid & Zee Entertainment (ZEEL): Board meetings are scheduled today to consider various fund-raising proposals through the issuance of equity or convertible securities.
• Astra Microwave: The board is meeting today to discuss and approve a potential Scheme of Arrangement.

Negative News

• Market Sentiment: The GIFT Nifty indicates a gap-down opening of approximately 60-70 points for the Nifty 50, tracking a sell-off in global equities following reports of fresh military strikes in the Middle East.
• Kore Digital: Despite reporting healthy earnings, analysts have raised concerns regarding the company's low free cash flow relative to its statutory profits, which may weigh on the stock price.
• IT Sector Outlook: Management commentary across the sector suggests a sluggish guidance for FY27, with "AI-led revenue deflation" emerging as a key structural risk for legacy IT firms.
• F&O Ban: Amber Enterprises and Kaynes Technology remain in the NSE's F&O ban period for today's session.

TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex

Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex