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India's jute industry set for turnaround as sales volumes seen rising 15%, margins improve: Crisil Ratings

India's jute industry set for turnaround as sales volumes seen rising 15%, margins improve: Crisil Ratings

Economic Times

India's jute industry expects a 15% rise in sales volumes this fiscal year, says Crisil Ratings. Lower raw jute prices helped the sector recover after two tough years. Rahul Guha said, "Profitability is likely to receive an even larger boost from easing raw material costs." Domestic demand also grew 20%.

Tap to Read More21 Sept 8:21 AM
Adani Total Gas: Why investor preference for the stock is intriguing

Adani Total Gas: Why investor preference for the stock is intriguing

mint

Tap to Read More21 Sept 8:27 AM
NPS fund underperforming? Check how often you can switch your pension fund or scheme

NPS fund underperforming? Check how often you can switch your pension fund or scheme

Zee Business

NPS subscribers can change their pension fund once every financial year under the All Citizen and Corporate models. You can also adjust your asset allocation up to four times annually. These shifts allow you to manage your retirement money better, though experts suggest looking at long-term performance before switching funds.

Tap to Read More21 Sept 8:30 AM
Personal guarantee muddle: no insolvency process can manufacture asset value that doesn't exist

Personal guarantee muddle: no insolvency process can manufacture asset value that doesn't exist

mint

Claims of about ₹22,007 crore have been admitted against Subhash Chandra as personal guarantor. The repayment plan before the Adjudicating Authority offers about ₹6 crore to creditors. Experts said, "An insolvency process cannot distribute what the estate does not contain." This case shows that claims are not actual assets.

Tap to Read More21 Sept 8:30 AM
Nearly 50% return in less than three months

Nearly 50% return in less than three months

mint

Lords Mark share price hit a 5% upper circuit at ₹93.45 on the NSE on 21 September. The stock opened at ₹89.58 amid positive sentiments on Dalal Street. Despite this recent jump, the share price fell 86.05% year-to-date. Management now projects ₹825 crore revenue from its healthcare business by FY27.

Tap to Read More21 Sept 8:29 AM
Global Market: China, Hong Kong stocks rise as investors await Trump-Xi meeting

Global Market: China, Hong Kong stocks rise as investors await Trump-Xi meeting

The Economic Times

China and Hong Kong stocks rose on Monday as investors watched for signs that Washington and Beijing could extend their trade truce. The Shanghai Composite climbed 0.6% to 3,933.37, while the Hang Seng Index gained 0.6% to 24,891.58. Markets reacted to recent talks between US and Chinese officials in New York.

Tap to Read More21 Sept 5:42 AM
OFSS shares tumble 7%; Wipro, Coforge, Infosys shares down up to 2%. Why are IT stocks under pressure today?

OFSS shares tumble 7%; Wipro, Coforge, Infosys shares down up to 2%. Why are IT stocks under pressure today?

The Economic Times

Shares of OFSS fell over 7% while Wipro, Coforge, and Infosys dropped up to 2% on Monday. The pressure started after reports of Oracle’s $18 billion data centre debt. Also, US President Donald Trump extended the $100,000 H-1B visa fee by another year, which hit many Indian IT firms hard today.

Tap to Read More21 Sept 6:22 AM
Carlyle-backed Varmora’s pre-IPO investors face 28% markdown at IPO price

Carlyle-backed Varmora’s pre-IPO investors face 28% markdown at IPO price

Moneycontrol

Eighty-two investors who bought shares of Carlyle-backed Varmora Granito Ltd before its IPO face a 28 percent markdown at the upper price band. These investors bought shares at Rs 204.59 each between October 23 and November 20, 2025. Now, the shares are worth Rs 148 at the upper end.

Tap to Read More21 Sept 6:32 AM
Top stocks to buy for short term: Jigar Patel recommends Castrol, HDFC Life, Gabriel - Check target price, stop loss

Top stocks to buy for short term: Jigar Patel recommends Castrol, HDFC Life, Gabriel - Check target price, stop loss

Livemint

The Nifty registered its sixth consecutive weekly decline for the week ended 18 September. Jigar S. Patel said, "The 23,000–23,100 zone remains the key support area." Investors now look at Castrol India, HDFC Life, and Gabriel. Patel suggests buying Castrol between ₹197 and ₹195, targeting ₹215 with a stop loss at ₹186.

Tap to Read More21 Sept 6:42 AM
Global Market: Micron earnings test looms as AI memory demand stays strong

Global Market: Micron earnings test looms as AI memory demand stays strong

The Economic Times

Micron Technology heads into its September 30 fiscal fourth-quarter earnings report with high expectations. The company previously reported record fiscal third-quarter revenue of $41.46 billion. Analysts now watch for strong AI memory demand, while China’s CXMT grows its market share. Investors wait to see if Micron shares get a boost.

Tap to Read More21 Sept 6:45 AM
RIL selloff wipes off Rs 4 lakh crore from market value as shares drop 21% in 2026 so far. Should you buy now?

RIL selloff wipes off Rs 4 lakh crore from market value as shares drop 21% in 2026 so far. Should you buy now?

Economic Times

Reliance Industries shares fell 21% in 2026, wiping off Rs 4 lakh crore from its market value. Analysts suggest caution as the company faces windfall tax issues and Jio listing concerns. Vaqarjaved Khan said, "At current levels, much of the bad news appears priced in," advising investors to accumulate in tranches.

Tap to Read More21 Sept 5:23 AM
HEG shares rally 5% after receiving Rs 217.56 crore order from Indus Towers for lithium-ion battery banks

HEG shares rally 5% after receiving Rs 217.56 crore order from Indus Towers for lithium-ion battery banks

Economic Times

HEG shares rallied 5% on Monday after its subsidiary, Replus Engitech, got a Rs 217.56 crore order from Indus Towers. The company said this order for lithium-ion battery banks is to be executed by March 31, 2027. This news came as HEG started its demerger into two separate business entities.

Tap to Read More21 Sept 5:25 AM
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