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About 1.10 crore shares, representing 15.67% of the company’s equity, were traded via the block deal window at Rs 523 per share, amounting to a total transaction value of Rs 578 crore. Media reports had indicated that Bessemer India, a promoter group entity, might look to exit its entire stake in the company.

US and China have extended their tariff truce for 90 days, easing tensions in the ongoing trade war.

Fears grow that weakness in corporate credit could spill into equities as valuations outpace economic reality.

Inox Green Energy shares rose sharply after signing a comprehensive O&M agreement for 182 MW of operational wind projects with a major Indian conglomerate. The projects, located across multiple sites in Western India, are connected to Inox Green’s common infrastructure.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Adani Enterprises shares are set to be in focus as Adani Defence & Aerospace, in partnership with Prime Aero, is acquiring Indamer Technics Private Limited (ITPL), a prominent MRO company. This acquisition, executed through a joint venture, aims to bolster Adani s presence in the rapidly expanding Indian aviation sector. Analysts predict a potential upside of 39% for Adani Enterprises shares.

Hindalco Industries shares are in focus as Novelis Inc, its US subsidiary, reported a 36% drop in net income to $96 million for Q1FY26. Despite a 13% rise in net sales to $4.7 billion, adjusted EBITDA fell 17% to $416 million. The decline in profitability was attributed to restructuring charges and higher scrap prices, though beverage packaging shipments increased.

IHCL will acquire 51% stakes in ANK Hotels and Pride Hospitality for Rs 204 crore, expanding its midscale Ginger brand. The move adds 135 Clarks Hotels & Resorts properties, taking Ginger’s portfolio to 250 hotels and strengthening IHCL’s Accelerate 2030 growth strategy.

Ashoka Buildcon reported a 44.6% rise in Q1FY26 consolidated net profit to Rs 217.3 crore despite a 23.5% drop in revenue due to slower project execution. EBITDA margins improved sharply to 31.7%. The board approved raising commercial paper limits for financial flexibility. The stock trades below key moving averages but shows potential upside with a consensus ‘Buy’ rating.