China’s central bank and households are buying gold at a record pace, potentially supporting prices just as Indian consumers prepare for the festive shopping season. But global interest rates and investment flows could still trigger sharp swings.
Motilal Oswal Private Wealth Director Amit Gupta highlights investment opportunities amid market correction, including Jamna Auto, Karur Vysya Bank, One97 Communications, and the domestic pharma sector.
Azad Engineering has secured a two-year long-term rate contract worth approximately ₹52.68 crore from BHEL for supplying critical stationary and rotating airfoils for heavy-duty gas turbines.
The housing finance company reported higher quarterly earnings and a lower debt-equity ratio, while outstanding debt rose to ₹39,078 crore year-on-year.
The rupee gained 96 paise to close at 95.75 against the US dollar on Monday, marking its steepest single-day rise in over six months, following new Reserve Bank of India measures to bolster the domest
RBL Bank reported a sharp rise in second-quarter profit, supported by strong net interest income growth and a decline in bad loan ratios. Advances and deposits also recorded robust year-on-year growth, while provisions increased during the quarter.
Raymond said the additional brownfield capacity would help it respond more quickly to current customer requirements, while the greenfield facility is envisaged as a larger, long-term manufacturing platform to support its medium- and long-term growth plans.
JM Financial expects non-banking financial companies to significantly outpace private and public sector banks in second-quarter growth, while the medium-term outlook for the information technology sector remains negative.
VA Tech Wabag’s intensified focus on executing large-scale projects in high margin segments such as EP, industrial and operational and maintenance augurs well for margins, Motilal Oswal added.
Gold loans recorded the fastest growth in India’s securitisation market in H1 FY27, expanding 1.5 times year-on-year, driven by lenders meeting funding needs according to ICRA.