Synopsis: Morepen Laboratories Limited (NSE: MOREPENLAB) shares zoomed as much as 16% to reach an intraday high of ₹45.40 on Monday, February 23, 2026. The “Zero-Minute” fact is that the rally was triggered by the company securing a massive multi-year global contract worth approximately ₹825 crore ($91 million) for its high-growth Contract Development and Manufacturing […]
Synopsis: UPL Shares Crashed 13% today February 23, 2026, hitting an intraday low of ₹650.40. The crash follows the announcement of a complex group reorganisation and a cautious “Hold” rating from brokerages, as investors weigh potential dilution against long-term value unlocking. Why UPL Shares Crashed 13% Today Shares of agrochemical major UPL Limited faced intense
Synopsis: Gaudium IVF and Women Health Limited’s ₹165 crore IPO achieved full subscription on Monday, February 23, 2026, the second day of bidding. The “Zero-Minute” fact is that the issue reached 1.52x overall subscription, with the retail category leading at 2.16x, signaling strong conviction in India’s first pure-play listed fertility services provider. On Monday, February
Synopsis: Clean Max Enviro Energy Solutions Ltd, India’s largest C&I renewable energy provider, opened its ₹3,100 crore Initial Public Offering (IPO) for subscription today, February 23, 2026. With a price band of ₹1,000–₹1,053, the issue is a strategic play for investors looking to tap into the corporate green energy transition. Clean Max Enviro Energy Solutions,
Synopsis: IDFC First Bank Limited has uncovered a massive “unauthorized and fraudulent” scheme involving approximately ₹590 crore (approx. $65 million) across accounts linked to the Haryana government. The bank has suspended four employees at its Chandigarh branch and initiated a forensic audit to track the diverted funds. In a significant regulatory filing on February 22,
Synopsis: RailTel Corporation of India, in partnership with Ashoka Buildcon, has secured a massive ₹1,136.18 crore Letter of Intent (LoI) from the Maharashtra government. The five-year contract focuses on the digital modernization of the Inspector General of Registration (IGR) offices across the state. The RailTel-led consortium achieved a significant regulatory milestone on February 21, 2026,
Synopsis: In a swift response to a US Supreme Court setback, President Donald Trump signed a proclamation on February 20, 2026, imposing a 10% temporary import surcharge on all nations. For India, this move ironically lowers the effective tariff rate from the recently negotiated 18% to a uniform 10% starting February 24. The global trade
Synopsis: GIFT Nifty witnessed a massive relief rally on February 21, 2026, surging nearly 1.9% to cross the 25,880 mark. The spike follows a landmark US Supreme Court decision striking down President Donald Trump’s broad global tariffs, a move expected to significantly ease trade pressures for Indian exporters. The GIFT Nifty index, a key early
Synopsis: Gaudium IVF and Women Health Ltd saw a steady start on its opening day, February 20, 2026, reaching an overall subscription of 0.90 times. While institutional activity remained muted, retail investors led the momentum, fully booking their reserved portion within the first few hours of the issue. The ₹165 crore initial public offering (IPO)
Synopsis: VL E-Governance & IT Solutions Ltd (VLEGOV) witnessed a massive trend reversal on February 20, 2026, locking at the 20% upper circuit. After hitting a 52-week low earlier this week, the stock saw aggressive bottom-fishing as buyers outpaced sellers following recent Q3 performance updates. The shares of VL E-Governance & IT Solutions Limited experienced
Synopsis: DEE Development Engineers Ltd (DEEDEV) emerged as a top market mover on February 20, 2026, with shares surging over 10% intraday. The rally was ignited by a massive ₹363.84 crore export order from a US-based energy giant and a stellar financial turnaround in the December quarter. Shares of DEE Development Engineers Limited witnessed explosive
Synopsis: Shares of green energy player Insolation Energy Ltd (INA) surged 5% to hit the upper circuit on February 20, 2026. This rally follows a major regulatory milestone: the National Stock Exchange (NSE) has granted in-principle approval for the company to migrate from the BSE SME platform to the NSE Main Board. Insolation Energy Limited,
