Mumbai: Reliance Industries Ltd will close down its polyester intermediate mono-ethylene glycol (MEG) manufacturing plant in Kurkumbh, which is 70 km from Pune, and transfer the complete unit to a new place. 
New Delhi: Prime Minister Manmohan Singh t
Guwahati: On Wednesday, Tarun Gogoi, Assam’s Chief Minister requested to the separatist ULFA and other insurgent outfits to disown hostility and come to the compromise desk. 
New Delhi: International Finance Corporation (IFC) will provide $150 million as loan to publicly owned Petronet LNG Ltd (PLL) to construct a liquefied natural gas (LNG) import and regassification workstation in South India. 
BRICS Securities has been ordered by SEBI to pay a penalty of Rs 10 Lakhs.Shriram Properties emerges as a compelling mid-cap real estate story backed by a robust pipeline, strong pre-sales visibility, and a significant hidden value in its Kolkata land bank.
News in Focus
Tata Consultancy Services Ltd (TCS) has emerged from Q4FY26 with a stable operational performance, underpinned by strong deal wins and a visibly improving demand environment.
BlueStone Jewellery & Lifestyle has emerged as a compelling growth story in India’s evolving jewellery landscape, with ICICI Securities issuing a BUY recommendation and a target price of Rs 600
Cera Sanitaryware is witnessing a resurgence in growth momentum, supported by strong demand recovery, improving margins, and robust capacity positioning.
Metro Brands is entering a renewed growth phase, backed by improving demand dynamics, aggressive store expansion, and a strengthening multi-brand portfolio.
Motilal Oswal Financial Services has reiterated a BUY call on JK Cement, setting a target price of Rs 6,040, implying an upside of approximately 17% from the current market price.
Main Regional Stories
Featured, India Business, Analyst View, Bharat Electronics, Electronics Sector, ICICI Securities, India
Bharat Electronics Limited (BEL), backed by a strong recommendation from ICICI Securities, emerges as a compelling BUY candidate with a target price of Rs 530, implying a potential upside of 26% from current levels.
Motilal Oswal Financial Services has reiterated a BUY call on Arvind Fashions, setting a target price of Rs 650, implying a robust upside of nearly 48% from the current market price of Rs440.
Hyundai Motor India enters coverage with a BUY recommendation from ICICI Securities, backed by a target price of Rs 2,150, implying an upside potential of roughly 21% from the current market price of Rs 1,778.
Prabhudas Lilladher has issued a BUY recommendation on Kajaria Ceramics with a revised target price of Rs1,147, implying meaningful upside from the current market price of Rs 920.
