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Shares of Indian Renewable Energy Development Agency (IREDA) fell 2.6% to Rs 153.35 after a strong Q2 FY26 showing. Despite a 41.5% YoY jump in net profit and robust operational metrics, investors booked profits, leading to a price correction. Loans and disbursements also saw significant growth.
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Coinbase is strategically expanding its horizons with a fresh investment in CoinDCX, an Indian crypto exchange, now boasting a valuation of $2.45 billion. This investment marks a continuation of their partnership, following an initial investment in April 2022. With CoinDCX revealing impressive figures of $141 million in annualized revenue and $1.
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Nuvama has identified five stocks with strong technicals for potential gains in Samvat 2082. These picks include Bank of India, BEML, Can Fin Homes, Graphite India, and Vedanta. The brokerage anticipates broad-based profitability driven by credit growth, manufacturing, and infrastructure spending. Market valuations are seen as reasonable, with positive liquidity and sentiment expected to support the market.
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