Gold continues to attract investor attention amid geopolitical uncertainty. On August 24, the reported Indian price of gold was around Rs. 1,62,810 per 10 grams, while investors continued to monitor crude prices, US bond yields and developments in the Iran conflict.
Silver prices remain elevated, with the latest Indian market rate around Rs. 2.60 lakh per kg. Silver has been supported by both precious-metal demand and its industrial applications, particularly in areas linked to electronics and renewable energy.
The US-Iran confrontation is entering another critical phase, with Washington preparing a major new round of sanctions against Tehran. Iran has warned that it could take measures affecting oil exports, raising fresh concerns for global energy markets.
Mankind Pharma is expanding its presence in India’s insulin market as it broadens its diabetes-care portfolio. The company is focusing on strengthening its position in chronic therapies, where rising diabetes prevalence is supporting long-term demand.
RailTel Corporation has secured a Rs. 107.61-cr. order from Mahanadi Coalfields for an MPLS VPN network. The project strengthens the company’s presence in enterprise connectivity and digital infrastructure.
Diamond Power Infrastructure has secured an order worth Rs. 52.86 cr. from Aurionpro Solutions for specialised cables for a data-centre project in Hyderabad. The order highlights the company’s exposure to India’s expanding digital infrastructure sector.
Saatvik Green Energy continues to attract investor attention as demand for domestically manufactured solar modules rises. The company has been strengthening its position in India’s renewable-energy supply chain as the country increases solar capacity.
KIMS Hospitals remains in focus as India’s organised healthcare sector continues to expand. Rising healthcare spending, increasing insurance penetration and demand for specialised treatment are supporting the long-term growth prospects of hospital operators.
Samvardhana Motherson International remains on investors’ radar as global automobile production and demand for advanced vehicle components evolve. The company has a diversified international customer base and exposure to multiple segments of the automotive supply chain.
Skyways Air Services opens its mainboard IPO today, August 24. The issue has a price band of Rs. 131–138 per share and is worth approximately Rs. 582.80 cr. The IPO will remain open until August 27.
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