MM Forgings to issue bonus shares for first time in six years; check details here

MM Forgings to issue bonus shares for first time in six years; check details here

Closed die forgings manufacturer MM Forgings said on May 26 that the board will consider issue of bonus shares along with March quarter results in its upcoming meeting on May 29. If approved, this will mark the company’s first bonus share issuance in six years, with the last one occurring in 2018 when shareholders received … Read more

Anand Rathi suggests these two renewable energy stocks on strong finances

Anand Rathi suggests these two renewable energy stocks on strong finances

Domestic brokerage firm Anand Rathi has initiated coverage on Suzlon Energy and Inox Wind, assigning them ‘Buy’ ratings. This move comes in light of the renewed attention on the wind-energy sector driven by the government’s ambitious growth agendas. “We initiate coverage of these two companies, with Buy ratings, at TPs of respectively Rs49 (35x FY26e … Read more