ENGINEERING GOODS MARKET TRENDS
Patil Automation shares list at 29% premium over IPO price on NSE SME
Patil Automation, a Pune-based automation and robotics solutions provider, made a strong debut on the NSE SME platform, listing at Rs 155, a 29.2% premium over its issue price. The IPO, which raised Rs 69.61 crore, was oversubscribed by 101.42 times, fueled by significant interest from non-institutional, QIB, and retail investors.
Macros more favourable for quality growth style than value: Krishnan VR
Marcellus quant team observes market breadth improvement. Small and mid-caps recovered since March. High beta and growth stocks performed well recently. Quality stocks underperformed value stocks since Covid. Quality companies at attractive valuations are preferred. Consumer discretionary and financial service sectors offer good risk-adjusted returns. NBFCs are well-positioned to benefit from rate cuts.
IT’s Europe deal momentum is up after three slow quarters
Europe's technology outsourcing market is gaining momentum, with Indian IT giants like TCS, Infosys, and HCLTech securing significant deals in the region. This surge contrasts with a flat US market, influenced by trade uncertainties. European companies, particularly in the automotive sector, are seeking cost-effective solutions and investing in software-defined vehicles, driving demand for Indian IT services.
Nifty faces key resistance at 25,200 amid geopolitical tensions
Nifty is approaching a critical level around 25,200. Analysts suggest a potential rise towards 25,700-25,900 if it breaks through. Support remains strong at 24,500. Experts recommend focusing on stocks like Mahindra & Mahindra and Bharat Electronics Limited. Banking and IT sectors are also showing promise. Geopolitical uncertainties may still cause market volatility. Traders should monitor key support and resistance levels.
Why are FPIs selling off FMCG and power stocks in June?
Overseas funds reduced investments in some sectors this June. Fast-moving consumer goods saw the biggest selloff. Power sector also experienced significant outflows. Financial services received substantial inflows. Interest rate cuts by RBI boosted financial sector investments. Geopolitical tensions and trade issues may affect future flows. Chemicals, oil & gas, and capital goods saw some investment.
Alia Bhatt's nutritionist says stop drinking fruit juices, they are poisoning you. Switch to the right thing instead
Celebrity nutritionist Dr. Siddhant Bhargava, who works with stars like Alia Bhatt, has warned against drinking fruit juices, calling them “sugar water” that can harm the body. He explains that juicing removes the fibre that helps control sugar absorption, turning a healthy fruit into a high-sugar beverage that spikes insulin levels. Dr. Bhargava urges people to eat whole fruits instead, as they retain fibre and essential nutrients that get lost during juicing.
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India needs more than coders: IIT directors speak out against ‘herd mentality’ around computer science craze
In a compelling panel hosted by IIT Madras, directors of five IITs urged students to break away from the herd mentality of choosing computer science engineering. They emphasized the urgent national need for talent in core sectors like semiconductors, sustainability, and policymaking, advocating a broader, purpose-driven approach to engineering education and career choices.
Housing sales dip 19% in April-June across top 9 cities: PropEquity
PropEquity reports a projected 19 percent drop in housing sales across nine major cities for April-June. The decline is attributed to lower launches and subdued demand. Sales are expected to fall below one lakh units for the first time since Q3 2021. New supply is also estimated to decrease by 30 percent.
European carmakers Renault, Volkswagen and Skoda struggle to boost sales in India
Renault, Volkswagen, and Skoda are struggling to maintain sales in the Indian market. Data indicates a sales decline for these European brands over the past three years. Experts cite a focus on sedans, slow product refreshes, and limited reach in smaller cities as key factors. India's tax structure, favoring compact cars, also poses a challenge.
For medium- to long-term investors with moderate risk appetite: 6 large-cap stocks with an upside potential of up to 40%
There are sectors where even the top firms have single-digit margins (or, at best, in very low double-digits). But stocks from these sectors have also created big wealth. The reason: The overall market size is so big that even small but stable margins can deliver a high return on equity and create wealth. So, before zeroing in on any stock, look at the overall size of the business. The chances of finding a wealth-creator stock increases manifold if the sector is on a growth path. The reason could be as simple as that it fulfills a basic need, or as complex as change in technology leading to a transformation of the sector.
Patience is key in markets as global uncertainties test new investors: Raamdeo Agrawal
Market veterans urge patience amid current dull phases and geopolitical tensions. While returns may dip temporarily, long-term gains often follow extended periods of low performance. New investors should embrace this cycle with discipline and perspective.
TikTok's owner wanted to publish books, not anymore
News of the press's demise, which was reported earlier by the The Bookseller, came as a shock to authors who were swayed by the possibility that 8th Note could help engineer bestsellers with elaborate marketing campaigns on TikTok. Instead, 8th Note has started taking down digital editions of their books, effectively unpublishing them.
Death of👍was highly exaggerated
Social commentators wrongly predicted Gen Z's dislike for certain emojis. The thumbs up and heart emojis are still popular. Grouping generations into single behavioral categories benefits market research. No one verifies past predictions about generational trends. The article questions the accuracy of generalizing about entire generations. It highlights the importance of verifying claims.
India key market for MediaTek; young demographic, growing economy fuel growth: Country MD
Jain noted that the company is now expanding into new verticals such as automotive, recently partnering with JioThings to develop 4G smart clusters for the two-wheeler EV segment, and supplying infotainment systems for cars like Skoda Slavia and Tata Punch EV.
Thyrocare founder, worth Rs 5,000 crore, warns when your high salary could be your enemy No 1
Many corporate employees face career stagnation earlier than expected. Professionals often prioritize spending over saving, leading to financial vulnerability. Continuous learning is crucial for job security. Companies are cutting mid-level positions. Experts advise building diverse income streams. Professionals need a second-innings strategy. Planning for the future is essential for long-term stability.
Sebi tweaks for ease of doing startups
SEBI has implemented new measures to encourage startups to list in India, including easing regulations on employee stock options, convertible securities, and promoter contributions. These decisions aim to attract startups back to the Indian equity market by addressing their unique needs and fostering a more liquid market.
Entry-level IT engineers earning less than company cab drivers? Bengaluru techie’s Reddit post sparks heated debate
A Bengaluru techie was left surprised after learning that his cab driver once earned Rs 50,000–Rs 60,000 per month while working limited hours with weekly offs. The revelation, shared in a Reddit post, highlighted how some gig economy workers can earn more than early-career engineers in India. The post sparked a wider discussion online about salary disparities, market value of skills, and how traditional white-collar jobs are no longer guaranteed to offer better pay or work-life balance.
Markets in a sideways zone and looking at West Asia development, tariff deadline: Dipan Mehta
The stock market is currently navigating uncertainty due to developments in West Asia and the impending end of President Trump's tariff pause. While some investors are adopting a wait-and-see approach, positive domestic factors like improving monsoons and interest rate cuts are providing support. Experts suggest focusing on quality businesses at reasonable valuations, regardless of their market capitalization.
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
Be it India or across the globe, there is one thing stock markets hate: Uncertainty. Now, what has changed between today and a week back is that the element of uncertainty has increased globally because of the Israel-Iran conflict. Oil prices have inched up, and that is what bothers the Indian market more than anything else. But then these phases are opportunities to pick good quality mid-cap stocks because there is enough evidence to show that these tensions don’t bother the market for long. It prices in the worst, and moves on.
Nissan reaffirms commitment to India, plans three new vehicle launches by 2027
Nissan's global CEO, Ivan Espinosa, has affirmed the company's commitment to India, dispelling exit rumors. Over the next 18-24 months, Nissan plans to launch three new vehicles, including MPVs and SUVs, targeting both domestic sales and exports. Despite past challenges, Nissan aims to triple its India sales to 100,000 units by 2027, leveraging local engineering and cost competitiveness.
Tata Consumer doubles down on quick commerce, eyes growth beyond traditional retail
Tata Consumer Products is strategically focusing on quick commerce, pharmacy, and food services as high-potential emerging channels, revealed PB Balaji during the company's annual general meeting. The FMCG firm witnessed a significant surge in e-commerce, with quick commerce contributing substantially to this growth.
Can resume gap from decades ago affect job chances? HR's bizzare interview question to techie sparks Reddit debate
A Reddit post went viral after a job applicant shared that he was asked to explain a three-year gap on his résumé dating back to 1996. The interview, held for a tech management role at a German company, sparked debate over whether such old employment gaps are relevant. Many Reddit users criticized the question as outdated and unnecessary, while others suggested it reflected rigid hiring practices or a test of composure.
Explainer: What are bitcoin treasury strategies, the latest trend in the public markets?
Public companies, including Trump's, are adopting bitcoin treasury strategies, inspired by Strategy's success. These firms aim to leverage credit markets for further bitcoin acquisitions, attracting attention and potentially higher valuations. However, risks exist, as a bitcoin price drop could lead to liquidity crises, creating potential winners and losers in this volatile market.
Eppeltone Engineers IPO opens today: All key details you need to know before subscribing
Eppeltone Engineers, an Indian energy solutions provider since 1977, launches its Rs 43.96 crore IPO on NSE SME, opening Tuesday and closing Thursday, with shares priced at Rs 125-Rs 128. The IPO aims to raise capital for working funds, new machinery, and general corporate needs, following a 57% revenue increase and a 38% profit growth in FY25.
Explainer-What are bitcoin treasury strategies, the latest trend in the public markets?
Certain public companies, including one founded by President Donald Trump, have been going on a cryptocurrency buying spree, capitalizing on higher token prices and a softening regulatory environment to load up on the attention-grabbing investment.
Keys to wealth creation: Strong balance sheet & patience. 5 large-cap stocks from different sectors with upside potential of up to 38%
Events come and go, but investing principles are constant. So, in times like these, it’s best to ignore the noise and the narrative that comes with it. Today, people on the street are dealing with words like “Trumpism”. They forget that some two decades back, there was something called “Bushism” and before that there was “Reaganism” or “Reaganomics”. These are noises that come and go. When looking at the long term, the focus should be on protecting the value of the portfolio in bearish markets. And for that, there is nothing better than companies with strong balance sheets.
Gensol Engineering shares slide 2% as NCLT reserves order on Rs 729 crore Ireda insolvency pleas
Gensol Engineering shares: On Wednesday, the two-member bench of the NCLT, consisting of judicial member Shammi Khan and technical member Sanjeev Kumar, reserved its judgment on Ireda's petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) against Gensol Engineering concerning a loan default amounting to Rs 510 crore.
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