LIQUID STORAGE OPERATOR
Adani Ports agrees to buy Dutch storage and terminal co Evos for $2.9 bn
All cash offer for Europe’s 2nd largest player is the company’s foray into Europe. The Iran war and supply disruptions across the hydrocarbons and chemicals value chain has forced countries and companies to seriously evaluate energy storage and logistics
These mid-caps have ‘strong buy’ & ‘buy’ recos and upside potential of up to 28%, according to analysts
Global markets on Wednesday celebrated the outcome of the US mid-term election as well as a sharp drop in oil prices. Oil prices, which at the end of last week were at about $118 to the barrel, are now under $95. The hope clearly is that Democrat control of both chambers of the US Congress will pressure the Trump administration to pursue a diplomatic end to the conflict with Iran in the Gulf.
India wants more factories, fabs and data centres. Where will the water come from?
India's ambition to become a developed nation by 2047 is constrained by growing water resource challenges. Industries across sectors, including thermal power and semiconductor manufacturing, face water scarcity issues that could hinder growth. Many regions are already experiencing severe water stress, impacting economic development plans drastically. Adopting recycling and reuse technologies will be crucial for managing water in industries effectively.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
Oil prices matter to the Indian economy, and the market responded with a smart rally as Brent crude cooled significantly on Monday. The rally was broad-based and involved all segments. But too much should not be read into one day’s showing. The thing to watch remains the results of the US mid-term elections which will be known in India through Wednesday. It will decide which way the market will move in the coming days and weeks.
5 stocks with consistent score improvement and upside potential of up to 34% in 1 year, according to analysts
The recent uptick in the indices should not fool you. The market’s troubles have not gone away. So, be cautious, but don’t treat the whole market as one block. Some parts are worse off, some are holding up better, and some are simply carrying on as before. A falling market tends to paint them all with the same brush.
Adani Ports makes $3.3 billion play for Evos Terminals
Adani Ports has submitted a binding $3.3 billion bid for Evos Terminals, a European liquid-storage operator with eight terminals across five countries, as it looks to expand overseas and build exposure to energy-transition infrastructure. The move follows APSEZ’s unsuccessful bid for Associated British Ports and reflects a broader push into global ports, container assets and liquid terminals.
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JSW Infrastructure Q2 Results: Net profit falls 11% to Rs 328 crore
JSW Infrastructure reported an 11 percent drop in consolidated net profit for the September quarter, with earnings falling to Rs 328.23 crore from Rs 368.81 crore the previous year. The company achieved total income of Rs 1,669.47 crore, while expenses rose to Rs 1,238.34 crore. Notably, cargo volumes from India operations grew by 8 percent year-on-year, reaching 29.4 million tonnes.
Forget short-term pressure; in the long term, the right business is what pays: 5 mid-cap stocks with an upside potential of up to 36%
We have said this before, and we say it again: No one can predict when the market will bottom out. You can see the bottom only in hindsight, once it has been reached. So, don’t try to catch the bottom; try, instead, to own the right business.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
At this juncture, what companies say about their Q2 results, and their outlook for Q3 and Q4, matters a great deal – but only to a certain extent. A company can plan only for what is in its control. No management can predict what the US President will decide, or which way the trouble in the Gulf will turn next.
The future of AI depends on how we design the energy infrastructure that powers it
The design challenge is to make the building, its engineering systems, and its computing infrastructure work as one, accommodating rising densities and new technologies without repeated redesign.
These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analysts
There is really no doubt about what will happen in the short term. It is going to be tough. Trying to guess the exact day when things will improve is a waste of effort. But a frightened market is exactly when it helps to look the other way. Because markets go too far in both directions, not only the one that is hurting today.
High-voltage reality: ‘Data hubs need stable grids more than sops’
As states roll out the red carpet to attract private investments in artificial intelligence (AI) and cloud infrastructure, delivering uninterrupted power to project sites from day one would be crucial for their success, they said.
A $5 nut doomed SpaceX’s first rocket; its satellite crashed through a shed roof and landed beside its own shipping crate
In March 2006, SpaceX’s first rocket failed because of a $5 aluminium nut that cracked from corrosion. The cadet-built satellite on board was thrown clear and landed in a storage shed beside its own shipping crate. Reports first blamed human error, but a review board pointed to corrosion, a cause even Elon Musk called only “most probable”.
ETMarkets Smart Talk| India’s next wealth creators may be hidden in specialised manufacturing and energy infrastructure: Paresh Bhagat
Paresh Bhagat, Chairman of Mangal Keshav Financial Services, discusses where India’s next wealth creators could emerge from, why several mid- and smallcap stocks remain priced for strong future growth, and how investors can distinguish expensive growth stories from genuine long-term compounders. He also explains why valuation discipline matters, whether largecaps are becoming more attractive, and what investors should look for when identifying smaller companies that could grow into tomorrow’s market leaders.
Iceland is turning 120,000 tonnes of carbon dioxide into stone. It is locking away the greenhouse gas underground to fight global warming
Scientists in Iceland are using volcanic rocks to turn captured carbon dioxide into solid minerals, locking the greenhouse gas underground instead of storing it as gas. The Carbfix project has stored more than 120,000 tonnes of CO2 in rock, with recent results showing that its Steingerður plant processed 99.6% of the CO2 entering the facility.
The Crypto devices built to foil hackers came with spies inside
In Malaysia, CryptoBilis faces an investigation after numerous customers experienced thefts from hardware wallets. Reports from Ledger SAS link these crimes to a group of criminals who modified the wallets. Victims' losses total over $90 million, raising red flags among cybersecurity experts who emphasize the vulnerabilities present in cold wallets meant for cryptocurrency storage. These events stress the critical need for improved safety mechanisms in the management of digital assets.
Long-term investing is about looking beyond narratives, including AI: 5 large-caps with an upside potential of up to 24%
As we see a recovery in the market, it is good to be cognizant of the fact that more than the narratives on the street, it is the earnings of companies that are extremely important. And earnings are dependent on many factors, including the cyclicality factor.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
Why should one be careful of the market at this juncture? One reason is that stocks are still not cheap. Even after all the nervousness of the past over two years, valuations have not come down to levels where you can say you are getting a bargain. When you buy something that is not cheap, you have less room for error, because the price already assumes things will go well.
Aegis Logistics to acquire 89.8% stake in Dubai-based Tristar Holdings for $809 million
Aegis Logistics is set to acquire 89.8% stake in Tristar Holdings, based in Dubai, for $809 million. The deal seeks to strengthen Aegis's global footprint in liquid logistics and creating new avenues for business growth. The acquisition is expected to complete by the fourth quarter of FY27.
Aegis Logistics shares rise 3% after firm acquires 90% stake worth $809 million in Tristar Holdings
Aegis Logistics agreed to acquire an 89.9% stake in Tristar Holdings for $809 million, expanding its global energy logistics operations. The acquisition, subject to regulatory approvals, is expected to close in the fourth quarter of the current fiscal year and broaden Aegis’s geographic reach, service offerings and profitability.
Stocks in news: Adani Enterprises, Hyundai Motor India, BHEL, BEL, Groww, Tata Elxsi and RailTel
Indian stocks rallied impressively, as benchmark indices surged by over 1.5%, fueled by a wave of positive investor sentiment. Key players like Adani Enterprises and Hyundai Motor India are capturing attention due to significant recent updates. While Tata Elxsi experienced a minor dip in net profit, revenue and EBIT improvements were encouraging. Furthermore, Bharat Electronics has secured fresh orders totaling Rs 533 crore, enhancing its order backlog.
Scaleway to build AMD-powered AI supercomputer in Sweden
Scaleway is embarking on an ambitious project to build an AI supercomputer in Sweden, which will significantly bolster the European AI infrastructure landscape. The supercomputer will feature AMD Instinct MI355X chips, tailored for advanced AI functionalities. Sweden was chosen for its sustainable energy resources and burgeoning AI industry, and the assembly will be carried out by the French company Bull, showcasing the collaborative efforts in Europe's tech ecosystem.
Jio IPO may trigger Reliance’s next big re-rating. Why Religare sees 47% upside
Reliance Industries could see a valuation re-rating as Jio Platforms’ proposed Rs 30,000 crore IPO brings greater transparency to its digital business. Religare has a target price of Rs 1,696 on the stock, implying 46.7% upside from its current market price.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
A piece of advice for those who still have the stomach to invest in the current volatile market. Don’t take any price action as the gospel truth; look beyond the index movements. And, finally, be both cautious and selective in your stock picks.
Stocks in news: HCL Technologies, DMart, Adani Green Energy, PTC Industries and Anand Rathi Wealth
Indian equity markets showed a significant recovery driven by bargain buying and favorable global cues. The Nifty 50 and Sensex both closed higher, indicating improved investor sentiment. Notable companies reporting earnings include Canara Robeco Asset Management and Avenue Supermarts, among others. Banking stocks are expected to draw attention due to changes in cash reserve ratio requirements by the Reserve Bank of India.
Telecom’s DC power legacy can offer a blueprint for AI data centres: Vertiv’s Greg Funk
Funk said data centre operators can draw on benefits of efficiency and reliability as AI concentrates more computing power into smaller spaces.
Vivo V80 price in India, camera, display, specifications, battery and other details
The Vivo V80 has been launched in India, with a 6.59-inch AMOLED display and powered by the Snapdragon 7 Gen 4 processor. This smartphone is offered in multiple storage configurations, reaching up to 512GB. It boasts 90W fast charging capability and a robust 7,200mAh battery, complemented by a ZEISS camera system for superior photographic performance.
It’s safety first for gas suppliers at Semicon Inc
Suppliers want detailed guidelines from the Petroleum and Explosives Safety Organisation (PESO), without which they believe commercial hubs face heightened risk of leaks, fires and process disruption.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 20%
In times like these, the market will have its green and red days. What matters, however, is not the colour of a single day, but the things underneath it: The central bank, the fund flows, and, above all, corporate earnings. Watch those, stay patient, and forget the daily noise.
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