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Kotak Mahindra Bank Share Price: The rally followed the private lender's announcement of key leadership changes, including the appointment of a new Chief Technology Officer, aimed at bolstering its senior management team.
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According to CLSA, the changes are expected to reduce operating expenses (Opex) for Indraprastha Gas Ltd (IGL) and, to some extent, for Mahanagar Gas Ltd (MGL). However, GSPL is anticipated to be the biggest beneficiary of these amendments, as highlighted by the global brokerage firm.
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RailTel Share Price: The contract is for providing MPLS/ILL (Multi-Protocol Label Switching/Internet Leased Line) services for a duration of 5 years. It is a rate contract for 5 years to renew existing MPLS/ILL links and provide new connections as needed, based on feasibility.
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Shares of DLF Ltd increased by 2.6% to Rs 715 following the company's announcement to invest Rs 20,000 crore in commercial expansion. Despite mixed reactions from brokerages, the company maintains firm on its FY26 pre-sales target and expects significant rental income growth by FY30.
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Nuvama has maintained a 'Buy' rating on Jindal Stainless, but has lowered its target price, citing challenges from weak export demand and high imports impacting profitability.
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News and Media
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