India research
Deep-dive research on Indian companies, plus the policy and regulatory decisions that move them.
148 articles, newest first · page 12 of 17
Policy Pulse — Modi/Cabinet — 17 Jul 2026
PM flags off India's first hydrogen train — buy Jindal Stainless (40% steel supply), IRCON, BHEL, L&T. Ather Energy ₹200 Cr govt investment — buy Hero MotoCorp. JSW Steel profit doubles, BHEL first profit in 8 years.
Policy Pulse — Ministries — 16 Jul 2026
SEBI buyback amendment (Aug 1) positive for cash-rich TCS, INFY, ITC. DAC clears ₹52K cr defence — buy HAL, BEL, BDL, Data Patterns, Apollo Micro.
Policy Pulse — Modi/Cabinet — 16 Jul 2026
Cabinet approves Semicon 2.0 (₹1.27L cr) + MPMS mobile PLI (₹62,500 cr) — buy Dixon Tech (+6.2%), CG Power, Kaynes Tech. Infra package buy L&T, IRCON.
Policy Pulse — Modi — 15 Jul 2026
Cabinet approves Semicon 2.0 (₹1.27 lakh cr) + MPMS (₹62,500 cr) + hydrogen train launch — KAYNES, DIXON, CG Semi, L&T key beneficiaries across semiconductor design, mobile manufacturing, and green rail.
Kalyan Jewellers India Ltd — Deep Dive Analysis
Kalyan Jewellers delivered exceptional FY26 with PAT of ₹1,350 Cr (+89% YoY), aggressive store expansion (129 new showrooms), Candere turning profitable, and management targeting zero non-GML debt in FY27. However, the stock has rallied 46% in 4 sessions with delivery % collapsing from 35% to 13%, RSI at 80+, and FIIs reducing stake from 29.65% to 14.55% over 3 years. Citi targets ₹750 while technicals flash overbought warnings. Verdict: CAUTION.
Policy Pulse — Ministries — 14 Jul 2026
SEBI's stricter conflict-of-interest rules and DPIIT's enhanced FDI approval SOP improve India's regulatory transparency — banking stocks (HDFCBANK, ICICIBANK, BAJFINANCE) benefit from clearer foreign investment pathways.
Policy Pulse — Modi — 14 Jul 2026
Modi-Austria semiconductor/defence partnership plus Micron's Gujarat facility mark India's accelerating semiconductor ecosystem — key beneficiaries: DIXON, HAL, KAYNES, L&T.
Policy Pulse — Ministries — 13 Jul 2026
USTR proposes 12.5% forced labor tariffs on 44 countries including India — textiles hit hardest (WELSPUN, TRIDENT). June retail inflation rises to 4.38%, breaches RBI target. SEBI tightens employee conduct rules (governance only).
Policy Pulse — Modi — 13 Jul 2026
India rejects rushed US trade deal — demands tariff edge over China. Risk of steeper tariffs later this month. IT (TCS, INFY) and textiles (WELSPUN, TRIDENT) exposed. HAL receives 7th GE engine — Tejas Mk1A programme gains momentum.