Coforge has announced the acquisition of Encora for an enterprise value of $2.35 billion, a strategic consolidation set to create a combined tech powerhouse with annual revenues approaching $2.5 billion.
Crorepati stocks: Global brokerage firm CLSA has released a list of 10 Indian wealth creator stocks which have surged up to 19,00,000 per cent or 19,000 times in the last 28 years.
Brokerages were split on the earnings report. Choice Institutional Equities termed the results weaker than expectations, whereas Nirmal Bang Institutional Equities said the performance was in line with its projections.
Stocks including PNB Housing, Shree Cement, Adani Green Energy, Premier Energies, Jindal Steel, Tata Capital, Adani Total Gas, BHEL and more will be in the spotlight on Wednesday, October 29.
Stocks including Epack Prefab, Nestle, Jain Resource Recycling, Lupin, Reliance Power, Adani Enterprises, JP Associates, RITES and more will be in the spotlight on Wednesday, October 01.
Axis said despite these challenges, Shree Cement's premium brands like Roofon Plus and Bangur Magna have shown strong market traction, contributing to a double-digit growth in trade sales volume.
In the previous session, Shree Cement stock ended 0.73% lower at Rs 30,693 on BSE. Market cap of the firm stood at Rs 1.10 lakh crore.
On Tuesday, the scrip touched a high of Rs 30,999.85 apiece, but soon it slipped to a low of Rs 30,239.25, down 2.4 per cent from the day’s peak and 1 per cent lower than its previous day's closing of Rs 30,620.90 apiece.
In this episode of Market Guru on Business Today, we are joined by veteran fund manager Sunil Shah of SRE PMS, who shares his sharp perspectives on current market sentiment, valuation dynamics, and long-term wealth creation. Despite global headwinds ranging from geopolitical tensions to tariff threats, Mr Shah explains why the Indian market continues to show remarkable resilience, driven largely by the unwavering strength of domestic investors and mutual fund inflows. In a wide-ranging conversation, Mr Shah identifies two core structural trends—financialisation and tourism—as long-term wealth creation themes. He shares his top picks in the financial infrastructure space, including CAMS and CDSL, and explains why they remain well-positioned for multibagger growth over the next decade. Among large-caps, he places strong conviction in HDFC Bank and Reliance Industries, citing predictable earnings and scalability. The discussion also touches on the cement sector’s turnaround, as companies shift from thermal to solar power to reduce input costs—with Shree Cement, Ultratech, and Ramco standing out. The show wraps up with Mr Shah's take on the Jane Street controversy, where he applauds SEBI’s proactive stance to strengthen market integrity. Don’t miss this conversation with one of Dalal Street’s most seasoned market minds.
From power consumption to logistics, Shree Cement is pulling out all stops in its effort to cut emissions.
At BT India's Most Sustainable Companies event, JSW Steel, JSW Energy, and Shree Cement were among the top winners of the Sectoral Excellence in Manufacturing awards. Other notable winners include Siemens, Mahindra & Mahindra, Hindustan Unilever, and Godrej Properties.
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