‘We Are Out of the Woods’: Greenpanel Industries Signals Turnaround With New Capacity Online
Greenpanel Industries Ltd., India’s largest manufacturer of Medium Density Fiberboard (MDF), is looking for a sharp pivot towards aggressive growth, supported by the company’s recent commissioning of a new production line in Andhra Pradesh.
Speaking to NDTV Profit, Himanshu Jindal, Chief Financial Officer of Greenpanel Industries, talked about the company’s growth strategy going forward after a period of operational headwinds, even declaring that the worst is over.
Stock Market LIVE: Lloyds Engineering Signs Two Contract Agreements With Poland-Bsed K
Lloyds Engineering signed two contracts with Poland-Based Kliver Polska. The company will develop prototype of towed reels and prototype of test stand for company.
Stock Market LIVE: Goodluck India’s Defence Arm Gets $6 Million Export Order For Supply
Goodluck India Ltd.’s Goodluck Defence & Aerospace received $6 million export order for supply of M107 ready-to-fill shells, the company said in the exchange filing.
If Nifty Closes above 26,200, It Can Open Up More Room For Another 500 Points
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Market momentum has been excellent; markets had laid a strong foundation and hence this move today
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If Nifty closes above 26,200 today, it can open up more room for another 500 points
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Participation is still not high; so though market is at near high, portfolios are still nt near those levels
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Domestic money has won over Foreign Institutional Investors
Source: Gautam Shah, Goldilocks Global Research to NDTV Profit
Stock Market LIVE: PVR Inox Opens Six-Screen Multiplex In Pitampura
PVR INOX opened a six-screen multiplex in Pitampura in Delhi. The total multiplex screens in India and Sri Lanka at 1,767, the company said in the exchange filing.
Groww Share Price Rally Aftermath: How Low Free Float Led To A Massive Short Delivery Crisis
Billionbrains Garage Ventures Ltd., parent company of trading application Groww, delivered one of the most spectacular listings of 2025, surging nearly 90% within days of its Dalal Street debut and briefly becoming the market’s newest fintech star. Frenzied buying, extremely low free float and strong retail enthusiasm sent the stock into repeated new highs as traders chased momentum. But the euphoria didn’t last.
Stock Market LIVE: PhysicsWallah Share Price Slumps oVER 15%
PhysicsWallah share price slumped 15.40% to Rs 121.22 apiece. It was trading 10.98% down at Rs 127.93 apiece as of 1:20 p.m.
Stock Market News: Texmaco Rail & Engineering Gets Rs 6.4 Crore Order From Central Railways
Texmaco Rail & Engineering received Rs 6.4 crore order from the Central Railways for platform works at Kalyan Station in Mumbai, the company said in an exchange filing.
Stock Market LIVE: Transrail Lighting Gets New Orders Worth Rs 548 Crore
Transrail Lighting received new orders worth Rs 548 crore. It added new country in the MENA region, the company said in the exchange filing.
Stock Market LIVE: City Union Bank Opens Branch In Aligarh
City Union Bank opened a branch in Aligarh, Uttar Pradesh. The total number of branches are now at 893, the company said in an exchange filing.
Stock Market LIVE: Gujarat Industries Power Commissions Fourth Phase of Solar Power Project In Kutch
Gujarat Industries Power commissioned the fourth phase of 600 megawatt solar power project in Kutch. The total capacity commissioned at Kutch Power Plant is now at 465 megawatt, the company said in the exchange filing.
Global Cues: Japan’s 10-Year Bond Yield Surges To Multi-Year High
Japan’s benchmark 10-year government bond yield advanced 8 basis points to 1.845% so far today. The yield level rose to the highest since 2008 as investors await for Prime Minister Sanae Takaichi’s stimulus package.
The focus is on Takaichi’s upcoming spending plans as it has stroked fears of further worsening of Japan’s fiscal condition.
Stock Market LIVE: Epack Prefab Technologies
Epack Prefab Technologies signed a memorandum of understanding with MASCOT South Asia LLP for capacity addition in Gujarat.
The company will increase capacity by around 50,000 tonnes in the first phase. It will invest around Rs 110 crore in the first phase for capacity addition in Gujarat, the company said in the exchange filing.
Stock Market LIVE: Nifty Bank Falls After Scalling Fresh High
The NSE Nifty Bank index rose 0.19% to 59,326.65. It was trading 0.08% down at 59,161.95 as of 10:17 a.m. Punjab National Bank, HDFC Bank Ltd., and Kotak Mahindra Bank Ltd. were top gainers in the index.
Tesla To Open First Full-Scale India Centre In Gurugram
Tesla is expanding its India footprint with the launch of its first full-scale centre in Gurugram later this month, signaling a major push to boost volumes and retail visibility in the domestic market. The move comes as the US electric carmaker faces global headwinds, from slowing demand in China to investor caution, NDTV said.
Fujiyama Power Systems Shares List At 3.5% Discount
Fujiyama Power Systems Ltd. listed at discounts on exchanges. It listed at Rs 220 apiece on National Stock Exchanges, which indicated a discount of 3.5%.
The stock listed at Rs 218.4 on BSE Ltd., which implies a discount of 4.2% from the issue price of Rs 228 apiece.
Stock Market LIVE: Nifty Less Than 200 Points Away From New High
The NSE Nifty 50 index was trading 0.17% higher at 26,096.30 as of 10:03 a.m. The index is 181 points away from its life high level os 26,277.35
Stock Market Today: Citi Research On Cummins India
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Citi Research maintained a Buy with a target price Rs 4,875, which implied a 14.4% upside
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Maintained as one of top picks within India industrials
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Have an ongoing OW Cummins India / UW ABB India pair trade idea
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Industrial segment weakness seen in 2QFY26 is likely transitory
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Steady demand seen for powergen from real estate, construction, and infrastructure sectors
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Future datacenter demand from colocation providers is likely to be steady
IHC Commited To Sammaan Capital Stake Purchase As Investigations Loom, Say Sources
Avenir Investment RSC, an affiliate of Abu Dhabi-based International Holding Company remains fully committed to its proposed investment in Sammaan Capital, despite ongoing allegations surrounding the firm, sources familiar with the development told NDTV Profit.
IHC has agreed to acquire a 43.46% stake in Sammaan Capital for $1 billion, a transaction that remains subject to regulatory and legal approvals.
Stock Market LIVE: Hester Biosciences’s Board Approves Ashish Desai’s Appointment As CFO
Hester Biosciences’s board approved appointment of Ashish Desaid as chief financial officer, the company said in the exchange filing.
Stock Market LIVE: Groww Share Price Continues To Tumble After Mega Rally
Shares of Billionbrains Garage Ventures Ltd., the parent company of Groww, is once again facing immense pressure on Thursday’s trade, as the stock continues to tumble after a mega rally post listing.
The stock is currently trading at Rs 155, which accounts for a fall of more than 8%. This comes after the scrip had touched the lower circuit in trade on Wednesday.
Stock Market LIVE: Jaiprakash Power Ventures Share Price Jumps 12%
Jaiprakash Power Ventures share price jumped 12.43% to Rs 22.79 apiece. It was trading 10% higher at Rs 22.28 apiece as of 9:31 a.m.
Sectoral Performance At Open: Nifty Defence Outperforms
Nifty Contributors: RIL, Axis Bank, HDFC Bank Shares Support
Markets At Open: Nifty, Sensex Extend Gains
The NSE Nifty 50 and BSE Sensex extended gains as Reliance Industries Ltd., Bajaj Finance Ltd., and Axis Bank Ltd. shares led. The indices were trading 0.16% and 0.17% higher, respectively as of 9:20 a.m.
LIVE: Rupee Opens Weaker Against US Dollar
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Rupee opened 3 paise weaker at 88.63 against US Dollar
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It closed at 88.59 a dollar on Wednesday
Source: Bloomberg
BofA Constructive On Financials, Real Estate, REITs, Autos — Here’s Why
BofA remains constructive on financials, real estate, REITs and autos because of these are rate-sensitive and part of the domestic cyclicals story. On a defensive front, the global brokerage prefers exposure to hospitals, telecom, and regulated power utilities.
Stock Market News: Va Tech Wabag Gets ADB-Funded Large DBO Order In Nepal
Va Tech Wabag Ltd. received Asian Development Bank-funded ‘large’ DBO order from the Nepal Government. The company will use the fund to build Sundarijal Water Treatment Plant in Kathmandu Valley, the company said in the exchange filing.
Pine Labs Shares In Focus As Emkay Initiates Coverage With A ‘Reduce’ Call — Check Target Price And Key Risks
Shares of newly-listed fintech major Pine Labs Ltd. will be in focus on Thursday’s trading session after Emkay initiated coverage on the counter, offering a rather cautious note.
The brokerage firm has initiated coverage with a ‘reduce’ rating while setting a price target of Rs 210, which suggests a potential downside of almost 13%.
Five Stocks To Buy: Coforge, TCS, Ramky Infrastructure, Punjab National Bank, BSE
NDTV Profit curated these five stocks from recommendation of various brokerages for Wednesday’s session. Analysts chose stocks from information technology, infrastructure, financial, and broking spaces for Wednesday’s session.
The NSE Nifty 50 and BSE Sensex are expected to extend gains as indicated by the GIFT Nifty. The futrue contract of GIFT Nifty was trading 0.27% or 70.50 points higher at 26,142 as of 7:54 a.m.
Find the recommended stocks for Thursday’s trade here.
Nvidia’s Upbeat Forecast Soothes Fears Of AI Spending Bubble
Nvidia Corp. delivered a surprisingly strong revenue forecast and pushed back on the idea that the AI industry is in a bubble, easing concerns that had spread across the tech sector.
Sales will be about $65 billion in the January quarter, the chipmaker said in a statement on Wednesday. Analysts had estimated $62 billion on average, according to data compiled by Bloomberg.
Read the full Bloomberg article here.
LIVE: GIFT Nifty Hints At Positive Open; NBCC, Max Healthcare, Infosys, TCS In Focus
The GIFT Nifty was trading 0.31% or 81 points higher at 26,152 as of 6:51 a.m., which implied a higher open for the benchmark index NSE Nifty 50.
Fears of artificial-intelligence bubble subdued following robust earnings report from Nvidia Corp. Hence, IT stocks will likely gain in Thursday’s session.
Apart from IT stocks, NBCC (India) Ltd., Max Healthcare Institute Ltd., NTPC Green Energy Ltd., Varun Beverages Ltd., Bharat Petroleum Corp Ltd. shares will likely be in focus.
The Nifty 50 closed up 142.60 points or 0.55% higher at 26,052.65, while the Sensex advanced 513.45 points or 0.61% to 85,186.47.
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