DATE23 Oct
NIFTY 22,600 ▼ 0.39%BANK NIFTY 54,287 ▼ 1.16%NIFTY IT 31,996 ▼ 0.27%NIFTY PHARMA 25,329 ▼ 1.04%SWIGGY 176 ▼ 16.75%J&KBANK 113 ▼ 16.28%BBOX 805 ▼ 9.03%IGIL 381 ▲ 7.91%CYIENT 1,233 ▲ 7.81%AFCONS 218 ▼ 7.71%ATUL 5,576 ▼ 7.06%JINDALSAW 232 ▼ 6.99%JPPOWER 13 ▼ 6.84%IIFL 532 ▼ 6.38%NIFTY 22,600 ▼ 0.39%BANK NIFTY 54,287 ▼ 1.16%NIFTY IT 31,996 ▼ 0.27%NIFTY PHARMA 25,329 ▼ 1.04%SWIGGY 176 ▼ 16.75%J&KBANK 113 ▼ 16.28%BBOX 805 ▼ 9.03%IGIL 381 ▲ 7.91%CYIENT 1,233 ▲ 7.81%AFCONS 218 ▼ 7.71%ATUL 5,576 ▼ 7.06%JINDALSAW 232 ▼ 6.99%JPPOWER 13 ▼ 6.84%IIFL 532 ▼ 6.38%
Morning brief · Saturday, 24 October 2026

Tinna Rubber evaluates Panipat plant relocation after Supreme Court dismissal

Market pulse
The Nifty remained flat at 22,600, but Bank Nifty dropped 1.16 percent. On the corporate front, Swiggy plunged 16.75 percent while International Gemological Institute surged 7.91 percent.
From the investor's mind
One post worth your time, explained
Aditya Kondawar
@aditya_kondawar · on X
Solar cell manufacturer Emmvee Photovoltaic Power is deploying automated guided vehicles on its production lines to minimize the human workforce required to operate them. Highlighting this transition from the company's second-quarter earnings call, investor Aditya Kondawar notes that robotics and autonomous vehicles are increasingly becoming a staple on factory shop floors. This operational shift underscores how manufacturing businesses are leveraging automated technology to streamline internal logistics and boost floor-level efficiency.
Word in the street
What the wider market is buzzing about
Tinna Rubber and Infrastructure Limited
₹742Past year ▼ 24%M.cap ₹1,335 Cr
Investors are closely debating the fortunes of Tinna Rubber and Infrastructure Limited, a company with a market cap of about 1,335 crore whose stock has fallen 24.11 percent over the past year. A key concern is the Supreme Court dismissing the company's curative petition regarding the land acquisition for its Panipat plant, forcing it to evaluate relocation options. While some investors fear this relocation will trigger significant expenses and a revenue shock, others argue the price decline is an overreaction. Debates also continue over whether recent margin compression is simply seasonal weakness, even as long term guidance remains on track.
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