- Silver near Rs.4.05 lakh and Gold around Rs.1.80 lakh: Indian households holding gold and silver are getting richer by the day, while equity investors continue to bleed as indices remain stable but cash stocks hit fresh lows daily.
- Tax reality check: The government collects Rs.53,000+ cr via STT and then levies LTCG on top of it. One tax to enter, another to exit the same asset. It’s time to choose STT or LTCG, not both. If the Budget offers no relief in LTCG, STCG, STT or dividend tax, investors may stop fresh equity and mutual fund investments and shift towards FDs, debt funds and precious metals. These are strong budget-time voices from the market.
- Lehar Footwears delivered a 474% jump in PAT to Rs.7.29 cr and 299% growth in H1 FY26 PAT to Rs.14.56 cr, implying FY26 EPS of Rs.19–21. Promoters hold 72.93%, HNIs 7.98%, and a CRISIL rating upgrade strengthens confidence. Strong cash flows enabled debt reduction. Trading at PE ~17 versus peers at 36–89, it appears the cheapest footwear stock, with no US exposure limiting tariff risk. EU–India trade deal could further support the sector.
- Shanti Gold International posted Q3FY26 performance with 30%+ YoY volume growth and ~110% YoY revenue growth, while 9MFY26 revenue rose 65% YoY. To meet rising demand, it approved a ~4,000 kg per annum capacity expansion by Q2FY27 at an investment of ~Rs. 8.50 cr via internal accruals. Among the cheapest in its peer group, the stock holds potential to revisit its 52-week high of Rs. 274 as market sentiment stabilises.
- Airfloa Rail Technology signs an MoU with Janatics Industrial Automation to jointly develop and supply automatic door systems for modern railway coaches including Vande Bharat & Freight EMUs.
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