India research
Deep-dive research on Indian companies, plus the policy and regulatory decisions that move them.
148 articles, newest first · page 10 of 17
Policy Pulse — Ministries & India Markets — 28 Jul 2026
SEBI PMS overhaul opens MF-only category (MOTILALOFS, HDFCAMC bullish); Nifty IT rallies 3.7% on reverse AI trade (TCS, INFY, COFORGE); BEL Q1 profit +8.2% with ₹72K cr order book; HUL -7% on profit miss; Coal India flat. Full stock impact inside.
Policy Pulse — Ministries & Regulators — 27 Jul 2026
Supreme Court denies IEX interim relief in market coupling case — structural risk. BEL Q1 PAT +8%, orderbook Rs 72,258 Cr. Coal India PAT flat, Tata Power PAT +11%. CONCOR hikes FY27 volume guidance. No new RBI/SEBI/FM announcements.
Policy Pulse — Modi/Govt — 27 Jul 2026
India relief rally — Sensex +776 pts breaks 5-day losing streak. Crude crash + US-Iran pause drive broad gains. INFY +3.65%, INDIGO +4.51%, ONGC -3.96%. No new cabinet decisions today. Existing Semicon 2.0/BHAVYA Rasayan tailwinds remain.
Zen Technologies Q1 FY27 — Deep Dive: Weak Quarter, Strong Order Book
Zen Technologies Q1 FY27 revenue fell 10.5% YoY to ₹141.64 Cr as execution back-loaded to Q2-Q3. Order book remains robust at ₹1,239 Cr with new ₹177.5 Cr MoD order secured in July. Management commentary, QIP extension, and 7 new product launches analyzed.
Policy Pulse — Ministries — 24 Jul 2026
SEBI proposes PMS overhaul — foreign investments, unhedged shorts, MF-only PMS. HCL Tech announces ₹14,257 cr AI data centre in Odisha. Markets fall for 5th straight day. Stock impact: BUY PMS providers/AMCs/exchanges/HCLTech, SELL INFY/INDIGO.
Policy Pulse — Modi/Govt — 24 Jul 2026
Cabinet approves ₹3,030 cr BHAVYA Rasayan chemical parks scheme + ₹1,264 cr rail project. India secures lower 10% US tariff under Section 301. Stock impact: BUY chemicals/infra/pharma, SELL steel (US export).
Policy Pulse — Ministries & Regulators — 23 Jul 2026
SEBI proposes sweeping PMS overhaul — foreign securities, MF-only PMS, higher derivatives flexibility. Major positive for MOTILALOFS (largest listed PMS), HDFCAMC, NIPPONLIFE (MF-PMS channel), brokerages (ANGELONE, ZERODHA). SEBI also proposes ODR revamp (BSE beneficiary) and considers reducing upfront cash margins.
Fiem Industries Ltd — Deep Dive Analysis
Fiem Industries — a debt-free auto lighting leader riding the LED revolution. 29% ROCE, 24x P/E, DIIs accumulating heavily. Customer concentration is the risk to watch. Full analysis inside.
Ideaforge Technology — What Changed? QIP Makes It a Whole New Story
Game changer: Ideaforge raised ₹500 Cr via QIP at ₹795. Working capital solved, debt cleared, HDFC MF & others invested. Promoter dilution to 25.3% is the sticking point. Full analysis.