Market Bizzz

Cool Caps Industries will trade ex-split and ex-bonus on July 4, 2025, for its 1:5 stock split and 1:1 bonus shares. This Friday marks the record date, offering investors a final chance to buy shares and qualify for additional shares from the sub-division and bonus issue. The company’s shares have yielded 137% returns over the past year.

Indian equity markets showed gains despite geopolitical tensions. Regulator confidence, GDP growth, and RBI support boosted the market. Subdued oil prices and a favorable monsoon outlook fueled optimism. Sachin Shah highlights private sector banking and auto as undervalued sectors. He also sees growth in contract research and manufacturing. Indian companies offer value in textiles, electronics, and engineering.

Early investors of Nykaa, Harindarpal Singh Banga and Indra Banga, are set to sell shares. The sale could reach Rs 1,200 crore through a block deal. Up to 60 million shares will be sold at Rs 200 each. Goldman Sachs and JP Morgan are managing the deal. Proceeds will go to the selling shareholders.

Devang Mehta suggests that India’s market fundamentals are improving, with GDP growth rising and inflation decreasing. He anticipates mixed Q1 results but expects positive management outlooks, particularly in capital goods, infrastructure, and financials. While cautious on globally dependent sectors like IT and metals due to volatility, he favors domestic-focused opportunities.

Asian Paints faces a CCI investigation following a complaint from Grasim Industries, alleging abuse of its dominant market position through unfair dealer incentives and hindering competitor entry. Grasim accuses Asian Paints of coercing dealers, landlords, and transporters to limit engagement with Birla Opus. Despite holding a significant market share, Asian Paints has seen some erosion after Birla Opus’s entry.

Raymond Realty shares saw Norges Bank sell shares in a block deal. This happened slightly above the listing price. Parent company Raymond also had block deals worth over Rs 221 crore. Several investors exited positions. These deals signal activity after the Raymond Realty listing. Both Raymond Realty and Raymond Ltd shares were actively traded.

CG Power and Industrial Solutions will raise approximately Rs 3,000 crore through a Qualified Institutional Placement. The QIP price is expected to be around Rs 660 per share. This follows a Rs 641 crore order from Power Grid Corporation of India. The company’s largest single order will be fulfilled over 18 to 36 months.

India’s Electronic Manufacturing Services (EMS) sector is set for substantial growth, driven by increasing consumption and government support. Narendra Solanki highlights companies like Kaynes, Dixon Technologies, and CG Power as direct plays, with PG Electroplast and Epack Durable as ancillary options. While margins are currently low, a shift towards high-margin products is expected in the coming years, justifying current valuations.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period and the closing price is the highest.