Industry Trends

ACME Solar shares in focus as 68 MW Gujarat wind project goes operational

ACME Solar Holdings announced the commencement of commercial operations for 68 MW of its 100 MW wind power project in Gujarat. Implemented via its subsidiary, the project is backed by a long-term PPA with GUVNL, supporting stable revenues and strengthening ACME’s wind energy portfolio.

Industry Trends

IHCL betting on boutique luxury and wellness as asset-light strategy drives margins and growth: Puneet Chhatwal

IHCL CEO Puneet Chhatwal explains the strategic rationale behind the Brij Hotels acquisition, the shift to an asset-light model, expansion into boutique luxury and wellness, margin outlook, capex plans of up to ₹10,000 crore, and how Indian Hotels aims to drive sustainable growth, higher ROCE and strong cash flows over the next five years.

Industry Trends

Fractional ownership and REITs are democratising commercial real estate: S.K. Sayal, Bharti Real Estate

India's commercial real estate is evolving with fractional ownership and REITs democratizing access to institutional-grade assets. Developers are focusing on integrated global business districts with strong infrastructure and walk-to-work ecosystems. The Delhi-NCR office leasing market remains robust, driven by demand for high-quality spaces from diverse sectors.

Industry Trends

Tata Capital shares gain 2% after Q3 net profit jumps 17% YoY

Tata Capital shares surged over 2% to Rs 368 after the company reported a strong December quarter performance. Consolidated net profit jumped 17% year-on-year to Rs 1,257 crore, driven by a 12% rise in total revenue to Rs 7,975 crore. Assets under management also saw significant growth.

Industry Trends

LTIMindtree shares tank nearly 7% as Q3 profit falls 11%. What should investors do?

LTIMindtree shares tumbled nearly 7% after it reported an 11% year-on-year net profit decline in Q3, largely due to a one-time Rs 590 crore charge from new labor codes. Excluding this, adjusted profit rose 29% YoY. Revenue increased 12% YoY to Rs 10,781 crore, with management highlighting a strong performance driven by AI strategy and deal wins.