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JBM Ecolife Mobility raised ₹750 Cr from Motilal Oswal Alternates to deploy about 2,000 e-buses, taking its fleet toward 5,000 vehicles within 12 months.
Paras Defence shares climbed to a record ₹1,348 on June 18, 2026, extending a sharp rally as investors tracked profit growth, valuations, and defence-sector momentum.
NSE has filed its DRHP with SEBI for a pure offer-for-sale IPO of 14.89 crore shares, potentially India’s largest listing, with SBI among key sellers.
India’s gold imports and physical demand fell nearly 70% after import duty on gold and silver was raised to about 15% from May 13, 2026.
NSE has filed its DRHP with SEBI for a ₹30,000-crore IPO structured as a pure OFS, potentially India’s largest listing, with shares proposed to list on BSE.
Motilal Oswal Alternates has lent Rs 750 crore to JBM Ecolife Mobility to expand zero-emission bus fleets under long-term state contracts; JBM Auto stock rose 1.5%.
India’s gem and jewellery exports fell 6% in April-May 2026 as plain gold jewellery shipments dropped sharply, while silver jewellery exports surged amid high gold prices.
Coforge has set a FY30 revenue target of USD 5,000m, backed by 15% organic growth, AI-led demand and acquisitions like Encora, amid macro and integration risks.
Max Healthcare rose 6% to top Nifty 50 gainers after Citi reiterated a buy rating with ₹1,240 target, citing expansion-led earnings growth despite Q4 margin pressure.
Vedanta Aluminium Metal rose over 3% after Citi and Kotak initiated Buy calls with Rs 560 and Rs 600 targets, citing aluminium deficit outlook, expansion plans, and improving leverage.
Kirloskar Ferrous rose up to 14% after reporting a $13.51 million UK pig iron export order for 30,000 tonnes, backed by a sight letter of credit.
NSE has appointed 20 merchant bankers and opened shareholder EOIs for a 100% OFS IPO of 14.89 crore shares, estimated at ₹20,000-30,000 crore.
Cyient CEO Sukamal Banerjee has refreshed the senior team with multiple C-suite appointments as the engineering IT firm targets larger deals, stronger margins, and FY27 growth.
Tata Motors Passenger Vehicles saw sharp post-event swings as brokerages differed after JLR guidance and FY26 results, with target prices ranging from Rs 300 to Rs 453.
Trent surged up to 7% to lead Nifty 50 on June 17, 2026, even as Citi stayed Sell at Rs 2,733 while noting resilient demand.
India and the UK will enforce CETA and the DCC on July 15, 2026, giving duty-free access for 99% of Indian exports and cutting tariffs on cars and whisky.