Savings Effect

JioPlatforms changes strategy to fresh fund raise in IPO as existing investor not keen to sell 🚩Jio Platforms investors want to remain invested in co for long-term, not sell stake in #IPO

Swiggy: Guidance - Concall Update Management noted that financial guidance and pro forma information are estimates based on assumptions and not subject to audit. Quick commerce has a medium-term guidance of INR1 trillion GOV in 3.5 to 5 years, implying a 35-50% CAGR. Food delivery has a medium-term growth guidance of 18-20% and a steady-state EBITDA margin of 5%. The company expects to achieve quick commerce contribution margin breakeven in the current quarter, improving by 5.5 percentage points year-over-year. CapEx is expected to significantly decrease. Store additions are not necessary for the next few quarters due to current utilization, and healthy MTU growth is expected in two quarters after churn.

Jewellery stocks opened lower after PM Narendra Modi urged citizens to avoid buying gold for one year to help conserve foreign exchange reserves amid rising West Asia tensions and higher import risks.

WAAREE ENERGIES: CO BETS AGGRESSIVELY ON U.S. MARKET, EVALUATES SETTING UP SOLAR CELL MANUFACTURING FACILITY AS IT PLANS TO EXPAND U.S. SOLAR MODULE CAPACITY TO 4.5 GW OVER NEXT SIX MONTHS FROM 1.6 GW WITH FURTHER EXPANSION PLANS AHEAD - ET

Kalyan Jewellers: Guidance - - Concall Update Management plans to open 150 showrooms across Kalyan, Candere, and new regional brands during the current financial year (FY27). The company aims to become Non-GML debt-free in the current financial year, potentially by H1 FY27 if conditions are favorable. Candere will focus on driving same-store sales growth (SSSG) and expanding its showroom footprint in the current financial year. The Board recommended a dividend of approximately INR257 crores for FY26, representing about 20% of net profit. For long-term projections, management recommends budgeting a 10% SSSG for the next three to five years, despite higher recent performance.

INDIA MISSES FY26 THERMAL POWER ADDITION TARGET AS ONLY 9.47 GW CAPACITY COMES ONLINE AGAINST PLANNED 12.86 GW AMID EQUIPMENT, LAND AND EXECUTION DELAYS; SHORTFALL RAISES CONCERNS AS PEAK POWER DEMAND NEARS 270 GW THIS SUMMER, WITH JUST 11 OF 18 PLANNED UNITS COMMISSIONED.

Oil prices jump as Trump rejects Iran's offer to end war

ACME SOLAR: CO INCORPORATES FOUR NEW RENEWABLE ENERGY SUBSIDIARIES TO ACCELERATE PROJECT EXPANSION

PIRAMAL PHARMA: CO’S US FACILITY RECEIVES USFDA FORM 483 WITH 3 OBSERVATIONS; INSPECTORS RECOMMEND VAI CLASSIFICATION

ADANI GREEN: CO OPERATIONALISES 150 MW KHAVDA SOLAR PROJECT; AGEL’S TOTAL OPERATIONAL RENEWABLE ENERGY GENERATION CAPACITY HAS INCREASED TO 19,735.8 MW

TRUMP ORDERS FEDERAL AGENENCIES TO PRIORITIZE AMERICAN-MADE GOODS, LIMIT FOREIGN PURCHASE WAIVERS

CMS INFO SYSTEMS: CO WINS 5-YEAR ATM MANAGED SERVICES MANDATE FROM HDFC BANK ORDER VALUED AT RUPEES 400 CR ACROSS 6,000 ATMS