International Conveyors, posted 48% higher EPS of Rs.14.5 in FY25 on small equity of Rs 6.3 cr. The share trades at a P/E of 7.1x making it a sound proposition.
20 Micron a leading producer of industrial minerals posted FY25 net profit of Rs.62.4 cr. with an EPS of Rs.16. It has reserves of Rs.363.5 cr. vs equity of Rs.17.6 cr.
FLYSBS Aviation expands fleet with a new Embraer Legacy 650 business jet.
The company will induct a 13-seater Embraer Legacy 650 under dry lease, extending its premium charter services.
The aircraft offers a 3,900 nautical mile range, enabling 6-hour non-stop flights to destinations in the Middle East and Southeast Asia.
Target customers include ultra-HNIs and corporate leaders in the luxury travel segment.
MS on Muthoot Fin Maintain Overweight on Company, raise target price at Rs.3660/Sh (Positive)
MS on Manappuram Maintain Equal Weight on Company, raise target price at Rs.285/Sh (Positive)
MS on TCS Maintain Overweight on Company, target price at Rs.3690/Sh (Positive)
Nuvama on TCS Maintain Buy on Company, target price at Rs.3650/Sh (Positive)
TCS
CLSA – O-P, TP ₹3559
Beat on all fronts including revenue, EBIT margin and order bookings. Expects demand in 2HFY26 to be better than 1HFY26. Growth was broad-based, with retail and the UK remaining weak. Management shows aggression with AI-focused restructuring, acquisitive stance, and 1GW data centre plan over 5–7 years — aiding long-term earnings but impacting ROCE and FCF/PAT profile.
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.
Daily Morning Report Date: 10.10.2025
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.
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