Fund Houses’ Recommendations

🔹 Positive / Bullish Views

UBS on Canara Bank: Buy — Target Price: ₹150/share

UBS on IGL: Buy — Target Price: ₹250/share

Investec on Petronet LNG: Buy — Target Price: ₹400/share

Jefferies on Lodha Developers: Buy — Target Price: ₹1,625/share

Nomura on Lodha Developers: Buy — Target Price: ₹1,450/share

Morga…[Read more]

Stocks in News — October 8, 2025

Positive Developments

Saatvik Green: Received an order worth ₹488 crore for the supply of solar PV modules from leading independent power producers.

Dishman Carbogen Amcis (DCAL): Signed an agreement with Celonic Group to deliver a fully integrated antibody-drug conjugate (ADC) development platform.

Salzer Ele…[Read more]

UPDATES’

ORDER WINS

Sarveshwar Foods Ltd: Secures a major export order worth ₹266 million from Delaware, USA–based Agri Services & Trade LLC. Total export orders now stand at ₹1,226 million over the past two months.

AIA Engineering Ltd: Subsidiary Vega Industries Chile SpA wins a $32.9 million (~₹291 crore) order from a Chilean copper mine fo…[Read more]

LEADERSHIP CHANGES

Restaurant Brands Asia: Appoints Arijit Datta as Chief Financial Officer and Key Managerial Personnel; interim CFO steps down.

Swojas Foods: Announces board restructuring with the resignation of two directors and induction of two new independent directors.

LEADERSHIP CHANGES

TILAKNAGAR INDUSTRIES: Appoints Nishant Jain as President–Sales to lead whisky market expansion and strengthen distribution.

The Cooling Revolution: Indian Companies Powering Homes, Factories & Data Centers

The Big Picture: Cooling as India’s Next Manufacturing Goldmine
India’s cooling industry—valued at ₹45,000–50,000 crore (USD 5.5 billion)—is entering a transformative growth phase, projected to expand at 10–12% CAGR through 2030.

Despite being one of the world’s h…[Read more]