New Research Reports

AQ improved, with recoveries exceeding slippages; however, a depleting TWO pool may limit future recoveries

Strong order book and diversification to drive growth : BHEL is one of the largest engineering and manufacturing company of its kind in India engaged in design, engineering, construction, testing, commissioning and servicing of a wide range of products and services with over 180 product offerings to meet the ever-growing needs of the core sectors of...

New product verticals to unlock incremental revenue potential broadening its product portfolio through SAW wires, SAW fluxes and flux-cored wires, enabling it to address specialised welding requirements across heavy engineering, infrastructure and industrial applications. The company is establishing an initial flux-cored wire capacity of around 250 MT per month to be operationalise by Q3FY27 and plans to scale it to 1,000 MT per month by FY28, with management indicating potential revenue of over 150 crore from this vertical. Management targets revenue of 1,000 crore by FY2930, with new product verticals expected to...

Asian markets were trading lower this morning. South Korea's Kospi led the declines, plunging 7.9%, followed by Japan's Nikkei, which dropped 4.63%. Shanghai and Hang Seng fell 1.69% and 1.03%, respectively.

END OF DAY SUMMARY

Retail Research

MARKET SNAPSHOT

We expect the sector to grow strong in domestic footprint led by combination of volume and value surge accompanied by product launches. The increasing share of the chronic therapies led by oncology (26%), anti-diabetics (18%), VMN (17%), and cardiac (16%).

ICICI Prudential (IPRU) has been delivering steady recovery in volume since H2FY26, which has broadly extended into H1FY27. Retail APE grew 10.7% YoY in Q2FY27 (vs. 8.8% YoY in Q1FY27), while VNB grew 20.2% in Q2FY27 and 22.3% in H1FY27.

TATA Elxsi (TELX) reported Q2FY27 revenue growth and margin ahead of I-Sec/consensus estimates, marking a possible beginning of a turnaround.

Retail Research

IPO Note

IPO Note

IPO Note

IPO Note

News Letter

Zetwerk manufacturing business (Zetwerk) is a technologyled manufacturing and procurement platform that connects customers with a global network of third-party manufacturers while also operating its own manufacturing facilities. The company provides end-to-end manufacturing solutions spanning...

Transformers and Rectifiers India Limited (TARIL) have a wide range of transformers, like Power & Distribution Transformers, Furnace Transformers, Rectifier Transformers & Special Transformers. Company has strong in-house design & technical expertise, along with technical collaboration/JV relationship for...

Tonbo Imaging India Ltd (TIIL), incorporated in 2003, is primarily into electro-optical and infrared (EO/IR) imaging and sensing systems for defence and security applications. Company's products are divided into tactical systems (57% of FY26 revenue) and platform systems (~40% of FY26 revenue). Key products are weapon scopes, helmet mounted sights. Fire control systems, thermal...

Asian markets were trading mixed this morning. Shanghai and Nikkei gained 0.16% and 0.62%, respectively, while Hang Seng was nearly flat.