Premier Energies' promoters divested shares worth nearly Rs 2,289 crore to institutional investors, including Smallcap World Fund and Quant Mutual Fund. This move coincides with heightened interest in India's solar manufacturing sector, driven by policy support and robust earnings. The company is aggressively expanding its module and cell capacities, with analysts maintaining a positive outlook.
Indian equity benchmarks extended gains for a third consecutive session as strong buying in banking, financial, energy and auto stocks lifted market sentiment. Analysts signalled bullish technical momentum for Nifty, while broader market breadth, lower volatility and strong participation across sectors supported the rally.
Nifty extended gains for a third straight session, supported by buying in financials, energy and auto stocks. Analysts highlighted improving technical momentum and recommended Ram Ratna Wires and Tata Motors Passenger Vehicles after bullish breakout patterns, rising volumes and strengthening market sentiment indicated further upside potential.
Rail Vikas Nigam Limited reported a decline in quarterly and annual profits despite higher revenue growth in Q4FY26. The railway PSU announced a final dividend, while rising expenses, weaker cash flow and lower consolidated earnings weighed on overall financial performance during the reported period.
In 2025-26 fiscal year, there were only five listed REITs -- Brookfield India Real Estate Trust, Embassy Office Parks REIT, Sattva Group backed Knowledge Realty Trust, K Raheja Group-sponsored Mindspace Business Parks REIT, and Nexus Select Trust.
The total saleable area for the entire project will be about 1.8 million sq ft, while the potential gross development value (GDV) is around Rs 2,300 crore.
As per its data, the housing sales fell 1 per cent to 7,09,793 units during the 2025-26 fiscal from 7,19,029 units in the preceding year.
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