AUTHUM INVESTMENT – Acquires 21.25% stake in MIRC Electronics (Onida) through preferential allotment of 7.83 million shares at ₹16.81 per share, totalling ₹13.62 crore. The funds will support working capital needs and growth plans of MIRC Electronics.
NIFTY OUTLOOK: 25181.80 FII 1308.16 cr DII 854.36 cr
As discussed yesterday, market behaviour remained on the expected lines during the day as Nifty broke above the resistance of 25139, pushing the rally up to the next resistance of 25183 (made a high of 25199.25) and closed near it at 25181.80.
A long bullish candle on the daily chart suggests that bulls have regained control after minor profit booking, indicating a resumption of the short-term uptrend. If Nifty continues its upward momentum, it may rally up to 25273–25318 on a decisive breakout above 25227. Stronger demand could extend the move to 25361.
Ahmedabad, 9th October 2025 – Power & Instrumentation (Gujarat) Limited (PIGL), one of India’s leading electrical contracting and infrastructure development companies, has secured a new order worth ₹68.22 cr under the Government of India’s Revamped Distribution Sector Scheme (RDSS), reinforcing its position in the power infrastructure domain. The latest contract, awarded by Ajmer Vidyut Vitran […]
Mumbai, 9th October 2025 – Fredun Pharmaceuticals Limited (FPL), a leading pharmaceutical formulation manufacturer diversified into generics, cosmeceuticals, nutraceuticals, mobility, and animal healthcare products, has announced the strategic acquisition of all assets of Wagr.ai, a pioneering pet tech platform. The move marks the creation of India’s first truly neutral online marketplace for pet products and services, combining FPL’s expertise in pet nutrition with Wagr’s advanced technology ecosystem.
Mumbai, 9th October 2025 – Bhageria Industries Limited, founded in 1989 and headquartered in Mumbai, is a diversified chemical manufacturer engaged in dyes, intermediates, and specialty chemicals. The company caters to both domestic and international markets across sectors such as textiles, polymers, and specialty chemicals. With a strong focus on innovation, sustainable operations, and value-added product expansion, Bhageria continues to strengthen its presence in high-potential chemical segments.
Gurugram, Haryana, 7th October 2025 – ACME Solar Holdings Ltd (ACME Solar) is a leading integrated renewable energy company with a diversified portfolio spanning solar, wind, storage, FDRE, and hybrid solutions. With an operational capacity of 2,890 MW and in-house EPC and O&M capabilities, the company manages end-to-end development and operation of renewable projects, ensuring timely, cost-effective delivery and industry-leading performance reflected in its high CUF and operating margins.
As the announcement of the 2025 Nobel Peace Prize approaches, speculation intensifies regarding the potential laureates. Among the 338 nominees—244 individuals and 94 organizations—former U.S. President Donald Trump stands out due to his high-profile nomination and assertive campaign for the honor. However, his path to the prize appears uncertain, with experts and bookmakers expressing skepticism about his chances.
On October 9, 2025, Indian Prime Minister Narendra Modi welcomed the agreement on the first phase of U.S. President Donald Trump’s Gaza peace plan, describing it as a significant step toward lasting peace in the region. Modi expressed optimism that this development would pave the way for enduring stability following two years of violent conflict between Israel and Hamas. He also praised Israeli Prime Minister Benjamin Netanyahu for his role in reaching the agreement.
Power Instrumentation Gujarat Ltd (PIGL) has landed a new order worth ₹68 crore, pushing its total unexecuted order book past the ₹500 crore mark, according to a recent update from financial analyst SumitResearch. The fresh order underlines robust demand for the company’s capabilities and strengthens its near-term revenue visibility.
Deloitte Australia is refunding AUD 440,000 to the Australian Government after an official report it prepared was found to contain AI-generated errors — including fake court citations and references to non-existent studies.
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