Delhivery’s stock slump deepens; can healthy Q2 numbers reverse the slide? | Stock Market News

Delhivery’s stock slump deepens; can healthy Q2 numbers reverse the slide? | Stock Market News

Source: Live Mint A few stocks on Dalal Street continue to face extended sell-off pressure due to a variety of factors, including weak financial performance, rising competition, softening demand, and macroeconomic headwinds. As a result, these stocks remain sidelined, despite the overall market performing exceptionally well. One such stock in this regard is Delhivery—India’s largest…

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Nomura initiates coverage on CG Power, GE Vernova and Apar Industries with ‘buy’ rating, sees up to 49% upside | Stock Market News

Nomura initiates coverage on CG Power, GE Vernova and Apar Industries with ‘buy’ rating, sees up to 49% upside | Stock Market News

Source: Live Mint Japanese brokerage firm Nomura in its latest report highlighted that India’s power transmission sector is set for robust growth, fueled by rising electricity demand and ambitious targets for renewable energy capacity expansion. According to the Central Electricity Authority, the sector is expected to attract USD 110 billion in investments between FY22 and…

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