Stock Updates

KEC International, a leading EPC company specializing in power transmission, railways, and urban development, continues to exhibit strong growth momentum. With a robust order pipeline and improved execution in its core T&D business, KEC is well-positioned to benefit from upcoming government projects. The company’s guidance highlights growth in revenue, margin expansion, and strong earnings visibility over the next few years.

Bikaji Foods | Accelerating Growth with Diversification and Strategic Acquisitions

Bikaji, a member of the Haldiram family, is leveraging its Bikaner Bhujia heritage with expansion into emerging snacks such as Namkeen and Western varieties. It is also venturing into new categories like Quick Service Restaurants (QSR) and frozen foods, aiming to boost market share both domestically and in exports, while strengthening its pan-India presence in focus markets.

Stock of the Day: Hindustan Unilever Limited: Gradual recovery in consumer demand to aid growth

Hindustan Unilever, a top player in the FMCG space, continued to gain market share amid heightened competitive intensity, backed by a wide product basket and presence across price segments. The company is well-positioned to expand its presence in under-penetrated categories in the rural and the urban markets where per capita consumption is low. This will expand the TAM (total addressable market) and drive sustainable growth.

Auto stocks fall after FADA reports weak November retail sales; Tata Motors, Hyundai shares down about 1%

The slide in auto stocks came after the Federation of Automobile Dealers Associations (FADA) reported a 13.7 percent year-on-year drop in passenger vehicle registrations to 3.22 lakh units for November.

Adani Group stocks recover, most end in green after steep fall triggered by US bribery charges

By noon on November 22, Adani Enterprises, Adani Ports and SEZ, Adani Green Energy and other group stocks were up as much as 3-4 percent. The gains come Gautam Adani group firms losing Rs 2.2 lakh crore in market capitalisation the previous day.

High FII holding in equity raises risk of Nifty freefall

High foreign institutional investor (FII) holdings in stocks across various sectors in the market raises the risk of a freefall in the Nifty in case these investors decide to redeem their investments.