Adani Power play rests on them transitioning from imported coal to captive coal, lower coal global prices driving margins + downside protected with 87% of capacity committed to PPAs. No reco.

What did you miss through Adani Power earnings? 👇 PLF efficiency increase has led to EBITDA margin expansion + better utilisation and revenue rates. No reco.

Coking Coal designated as critical mineral by Government of India. BCCL recently listed, COALINDIA up 5%. Coal India diversifying to export of coking coal, refined coal, energy generation. No reco.

Economic survey highlights. Private capex to pick up after being subdued for past year. No recommendations.

10 year Indian bond yield up to 6.7%. Whats happening? 👇

Shapoorji Paloonji picks I-Bankers for mega 8000 cr IPO of realty arm, per Moneycontrol. Context on company. No reco.

With gold at all time highs, who benefits from this run? Companies with significant gold loan exposure & banks with big gold loan books. No reco.

Limited direct plays in India for copper within equities. Direct beneficiares apart from $HINDCOPPER are Hindalco & Vedanta. Context below. No reco.

ONGC, Oil India, GAIL all buzzing and announcing deals in LNG crude oil, offshore drilling with Reliance, Brazil, Canada and UAE. No reco.

$PNB diversifying and rebuilding corporate loan book. Higher yields from corporate to push blended yield from 9.8% to 10.5-11% over 2-3 years. Corporate loans are capital intensive with riskier financing. No reco.

Likely will see interest rate cuts from RBI. Interest payments 40-45% of budget. No reco.

$TVS posts great results with margin expansion despite EV volume pressures. Operating leverage improves from PLI cost benefits & volumes in two wheelers. No reco.

United Spirits has heft duties protecting it from low cost spirits. EU Deal will change pricing dynamic with European brands potentially flooding Indian market. No reco.

Easy to grasp summary of Tariff details by product. Key beneficiaries also provided. No reco.

India looking to diversify its gas supply to Canada. ONGC and Oil India biggest up stream gas producers while GAIL India benefits from attractive input costs. No reco.

$HINDALCO outlining biggest capex ever in Odisha. Will push debt to equity to possibly 1.8x+, but expected to generate 4000-5000 cr Annual EBITDA assuming aluminium price doesn't rise.

Real estate developers seeking policy support via tax relief & better benefits for first time buyers in budget. DLF, despite being cash heavy and debt free are not performed well due to softening demand + longer gestation. NO RECO.

BPCL and Gail await better terms in 2026 for record gas supply waves. BPCL sitting on comfortable cash position and seeking higher pricing terms following global energy requirements in 2026. No reco.

Despite Tariffs, volume of exports in motorcycles, pharma and Textiles are growing owing to diversification in markets. EU trade deal with exemplify this. No reco.

JSW steel profits in Q3 ride on back of solid volumes. However, Chinese dumping pressuring imports which looks to stabilise next quarter. No reco.