WhaleWatch

WEEK21 Sept

NIFTY 23,140 ▼ 0.88%BANK NIFTY 55,580 ▼ 1.38%NIFTY IT 28,161 ▼ 2.40%NIFTY PHARMA 27,003 ▲ 1.10%POLICYBZR 1,166 ▼ 33.10%WHIRLPOOL 919 ▲ 28.03%ENGINERSIN 316 ▲ 18.51%CARBORUNIV 1,278 ▲ 13.71%SUNTV 513 ▲ 13.62%ABDL 715 ▲ 10.42%PATANJALI 404 ▲ 10.07%CPPLUS 3,688 ▲ 9.91%HOMEFIRST 1,123 ▼ 9.52%PAYTM 1,674 ▼ 9.51%NIFTY 23,140 ▼ 0.88%BANK NIFTY 55,580 ▼ 1.38%NIFTY IT 28,161 ▼ 2.40%NIFTY PHARMA 27,003 ▲ 1.10%POLICYBZR 1,166 ▼ 33.10%WHIRLPOOL 919 ▲ 28.03%ENGINERSIN 316 ▲ 18.51%CARBORUNIV 1,278 ▲ 13.71%SUNTV 513 ▲ 13.62%ABDL 715 ▲ 10.42%PATANJALI 404 ▲ 10.07%CPPLUS 3,688 ▲ 9.91%HOMEFIRST 1,123 ▼ 9.52%PAYTM 1,674 ▼ 9.51%

Morning brief · Sunday, 27 September 2026

Kiri Industries shareholders mobilize to vote against promoter warrant issue

Market pulse

Indian benchmark indices closed lower this week as a drag in banking and IT offset gains in pharma. While Whirlpool of India surged 28.03 percent, PB Fintech tumbled 33.1 percent.

From the investor's mind

One post worth your time, explained

@soicfinance · on X

India has witnessed a massive surge in machinery imports, which scaled from 29 billion dollars in FY21 to 66 billion dollars in the 12 months leading up to August. This sharp rise in equipment sourcing highlights a structural shift as private sector capital expenditure gains momentum across the country. Highlighting this trend, Ishmohit Arora points out that the revival in private capex is clearly visible in the steady recovery of India's gross fixed capital formation to GDP ratio from its low point in FY21. For market participants, this trend signals a broad-based domestic industrial expansion that is actively driving the next leg of economic growth.

Word in the street

What the wider market is buzzing about

Kiri Industries Limited

₹558Past year ▼ 3%M.cap ₹3,634 Cr

Investors are closely watching Kiri Industries Limited, a company with a market cap of about 3,634 crore whose stock has fallen 3.16 percent over the past year. Ahead of the 28th annual general meeting, shareholders are actively mobilizing to vote against a proposed preferential issue of 60.82 lakh convertible warrants to the promoter group at 475 rupees each. Critics argue this price represents a massive 55.3 percent discount to the audited standalone net asset value, questioning the need for funds when the company sits on a cash pile. It is a striking irony for a firm that previously won a minority oppression case to now face similar allegations.

Know more about the stock

Yesterday's big moves