NSE stock falls below IPO price, wiping out ₹41,000 crore in investor wealthNSE
Less than two weeks after listing, NSE shares slipped below their IPO price of ₹1,785. The stock debuted at ₹1,800 on September 24 and hit an intraday high of ₹1,878, taking market cap to ₹4.64 lakh crore. But selling pressure dragged it to a low of ₹1,712 on Monday, wiping out nearly ₹41,000 crore in market value. NSE has now slipped out of the top 10 most valued firms, ranking 12th with a market cap of around ₹4.27 lakh crore. On Tuesday, the stock recovered 1.53% to close at ₹1,749.85.
🗣️ Rupie Speak एनएसई का शेयर आईपीओ प्राइस से नीचे आ गया है। लिस्टिंग के बाद शुरुआती तेजी के बाद बिकवाली हावी हो गई। निवेशकों को बड़ा झटका लगा है, लेकिन मंगलवार को थोड़ी रिकवरी दिखी। शॉर्ट टर्म में उतार-चढ़ाव बना रह सकता है।
Mahindra Lifespaces rises on launching Mahindra Rivenza in PuneMAHINDRA LIFE
Mahindra Lifespace Developers has launched Mahindra Rivenza, a residential project spread across 13.46 acres in Baner Annex, Mahalunge, Pune, with a Gross Development Value (GDV) of around ₹3,500 crore. Phase 1 will offer 1,236 units of 2, 3 and 4 BHK homes. The project features amenities across 2.65 lakh sq. ft., including one of the township's largest clubhouses (44,000+ sq. ft.), 9 acres of green spaces, a swimming pool with sunken bar, sports courts, cycling tracks and a glass-roof library. It is envisaged as a Net Zero Waste development and is IGBC pre-certified Gold.
🗣️ Rupie Speak महिंद्रा लाइफस्पेसेस ने पुणे में बड़ा रेजिडेंशियल प्रोजेक्ट लॉन्च किया है। 3,500 करोड़ की GDV वाला यह प्रोजेक्ट कंपनी की आय में अहम योगदान देगा। सस्टेनेबल डेवलपमेंट पर फोकस है।
Zaggle surges on getting nod to incorporate subsidiary in Abu Dhabi Global MarketZAGGLE
Zaggle Prepaid Ocean Services has received approval to incorporate a wholly owned subsidiary named Zaggle Holding in Abu Dhabi Global Market (ADGM), UAE. The new entity will engage in Fintech/SaaS/AI business and act as a holding company for investments in group and third-party entities. The board approved this on October 6, 2026.
🗣️ Rupie Speak ज़ैगल ने अबू धाबी में नई सब्सिडियरी बनाने की मंजूरी मिली है। यह कंपनी फिनटेक, SaaS और AI बिजनेस में काम करेगी। अंतरराष्ट्रीय विस्तार की दिशा में बड़ा कदम है।
Kabra Extrusiontechnik rises on incorporating subsidiary in UAEKABRA EXT
Kabra Extrusiontechnik has incorporated a wholly owned subsidiary named Geon International FZ-LLC in the Ras Al Khaimah Economic Zone (RAKEZ), UAE, on October 5, 2026. The subsidiary will act as an intermediary holding company in the UAE for the company's international business.
🗣️ Rupie Speak काबरा एक्सट्रूज़न ने यूएई में नई सब्सिडियरी बनाई है। यह कंपनी के अंतरराष्ट्रीय कारोबार के लिए होल्डिंग कंपनी का काम करेगी। ग्लोबल विस्तार की रणनीति है।
Om Power Transmission zooms on bagging LOI worth ₹69.19 croreOM POWER
Om Power Transmission has secured a Letter of Intent (LOI) worth around ₹69.19 crore (incl. GST) from Gujarat Energy Transmission Corporation. The LOI is for supply, erection, testing and commissioning of the 220kV D/C Prantij–Jantral Line Package 2 on a turnkey basis. The order is to be executed within 24 months.
🗣️ Rupie Speak ओम पावर ट्रांसमिशन को गुजरात से बड़ा ऑर्डर मिला है। यह ट्रांसमिशन लाइन का टर्नकी प्रोजेक्ट है। कंपनी की ऑर्डर बुक मजबूत हो रही है।
Marsons jumps on planning to form joint venture with CleanhillMARSONS
Marsons and Cleanhill Partners, a New York-based private equity firm, are planning to form a joint venture to accelerate transformer distribution, service and manufacturing across the United States and Canada. Marsons is already executing transformer orders for major U.S. renewable energy and utility projects, including GSUs up to 200 MVA. The JV aims to address growing demand from grid modernization, renewable energy expansion and data center power requirements.
🗣️ Rupie Speak मार्सन्स अमेरिका और कनाडा में ट्रांसफार्मर बिजनेस के लिए JV बना रही है। ग्रिड मॉडर्नाइजेशन और डेटा सेंटर की मांग से बड़ा मौका है। अंतरराष्ट्रीय विस्तार की बड़ी योजना।
Mphasis inches up on signing contract worth £35.4 million with Social Security ScotlandMPHASIS
Mphasis has signed an agreement worth around £35.4 million with Social Security Scotland to maintain reliable access to vital benefits services supporting more than 2 million citizens across Scotland. The company will manage and maintain Social Security Scotland's benefits management platform, ensuring stable, resilient and high-quality service for benefit applications, eligibility decisions and payments.
🗣️ Rupie Speak म्फासिस ने स्कॉटलैंड सरकार के साथ 35.4 मिलियन पाउंड का करार किया है। यह 20 लाख नागरिकों की बेनिफिट सर्विसेज को सपोर्ट करेगा। कंपनी को लंबी अवधि का राजस्व मिलेगा।
Tech Mahindra gains on expanding agentic AI readiness via partnership with Google CloudTECH MAHINDRA
Tech Mahindra has expanded its agentic AI readiness through a partnership with Google Cloud. The company is rolling out 'Build with Gemini' workshops to more than 12,500 associates worldwide, helping them learn to create, secure and govern AI agents using Gemini Enterprise tools. The partnership aims to scale hands-on capabilities across the global workforce to support growing enterprise demand for production-ready AI.
🗣️ Rupie Speak टेक महिंद्रा ने Google Cloud के साथ AI पार्टनरशिप बढ़ाई है। 12,500 से ज़्यादा कर्मचारियों को AI ट्रेनिंग दी जाएगी। एंटरप्राइज AI की बढ़ती मांग का फायदा मिलेगा।
Sharvaya Metals touches roof on commissioning new Aluminium Extrusion Facility at AhilyanagarSHARVAYA
Sharvaya Metals has successfully commissioned its new state-of-the-art Aluminium Extrusion Facility at its manufacturing plant in Ahilyanagar, Maharashtra. The facility is equipped with a modern 10-inch billet aluminium extrusion press along with advanced billet heating, extrusion handling, online quenching, puller and stretcher systems. It will cater to sophisticated requirements across Defence, Aerospace, Railways, Engineering, Construction, Automotive, Electric Vehicles and other high-performance industrial applications.
🗣️ Rupie Speak शरवया मेटल्स ने महाराष्ट्र में नई अल्युमिनियम एक्सट्रूज़न फैसिलिटी चालू की है। डिफेंस, एयरोस्पेस और ऑटोमोटिव जैसे हाई-वैल्यू सेक्टरों में मांग बढ़ेगी। कंपनी की मैन्युफैक्चरिंग क्षमता बढ़ी है।
Blue Dart Express rises on signing MoU with NCRTCBLUE DART
Blue Dart Express has signed a Memorandum of Understanding (MoU) with the National Capital Region Transport Corporation (NCRTC) to explore the movement of express parcels on the Delhi–Ghaziabad–Meerut Namo Bharat corridor. The 82-km corridor connects Delhi, Ghaziabad and Meerut. Both organisations will assess operational requirements, parcel volumes, station facilities, service standards and commercial arrangements to arrive at a feasible solution.
🗣️ Rupie Speak ब्लू डार्ट ने नमो भारत कॉरिडोर पर पार्सल भेजने के लिए NCRTC से समझौता किया है। इससे डिलीवरी नेटवर्क मजबूत होगा और ट्रांसपोर्टेशन किफायती होगा। नया लॉजिस्टिक्स मॉडल है।
Krishna Institute inches up on getting nod to acquire up to 51% stake in Sarvottam Health CareKRISHNA INST
Krishna Institute of Medical Sciences has secured approval to acquire up to 51% equity stake in Sarvottam Health Care (Kakinada) for a consideration of up to ₹80 crore. The board also approved acquisition of 6% stake in Ushahkal Abhinav Specialty Hospital LLP (Sangli) for ₹15 crore. Both acquisitions are strategic in nature and are expected to be completed on or before October 31, 2026.
🗣️ Rupie Speak कृष्णा इंस्टीट्यूट ऑफ मेडिकल साइंसेज ने दो अस्पतालों में हिस्सेदारी खरीदने की मंजूरी दी है। यह हेल्थकेयर बिजनेस के विस्तार की रणनीति है। कंपनी की मौजूदगी और मजबूत होगी।
Interarch Building Solutions extends gains for second straight session on BSEINTERARCH
Interarch Building Solutions had secured an order worth around ₹61 crore (including taxes) for the design, engineering, manufacturing and supply of pre-engineered steel building systems for a copper refinery building in Gujarat. The order is to be executed within around 12 months. The stock has been gaining for two consecutive sessions on BSE.
🗣️ Rupie Speak इंटरआर्क बिल्डिंग को गुजरात में कॉपर रिफाइनरी के लिए ऑर्डर मिला था। शेयर में लगातार दूसरे दिन तेजी देखी जा रही है। ऑर्डर बुक बढ़ने से निवेशकों का भरोसा बढ़ा है।
Dilip Buildcon rises on receiving grant of authorisation from PNGRB for LPG pipeline projectDILIP BUILDCON
Dilip Buildcon has received Grant of Authorisation from PNGRB for laying, building, operating or expanding the LPG pipeline from Paradip, Odisha to Raipur, Chhattisgarh. The project will be implemented through an SPV in which the company will hold 100% equity. The EPC works are proposed to be awarded to the company, representing a business opportunity valued at around ₹1,800 crore, to be executed over 36 months. The pipeline will have an operation period of 25 years after a construction period of 3 years.
🗣️ Rupie Speak दिलीप बिल्डकॉन को पीएनजीआरबी से एलपीजी पाइपलाइन प्रोजेक्ट की मंजूरी मिली है। 1,800 करोड़ का ईपीसी काम कंपनी को मिलेगा। यह लंबी अवधि का बड़ा राजस्व अवसर है।
RateGain inches up as its AirGain gets selected by Vietnam AirlinesRATEGAIN
RateGain Travel Technologies' advanced airfare pricing intelligence platform, AirGain, has been selected by Vietnam Airlines. The partnership gives the airline access to competitive fare intelligence across over 300 airlines, 170+ OTAs and 50+ meta-search platforms, with 99.95% uptime. Vietnam recorded over 21 million international arrivals in 2025 and a 17.7% YoY increase in Q1 2026, making it one of the region's fastest-growing travel markets. AirGain will soon introduce 'Smart Search', a natural language capability for pricing insights.
🗣️ Rupie Speak रेटगेन के AirGain प्लेटफॉर्म को वियतनाम एयरलाइंस ने चुना है। इससे कंपनी की ग्लोबल मौजूदगी बढ़ेगी। एयरलाइन इंडस्ट्री में डिजिटल प्राइसिंग की मांग तेजी से बढ़ रही है।
Ramco Systems rises as its arm partners with Baker Tilly SM Envoy Consultancy LLCRAMCO SYSTEMS
Ramco Systems' wholly owned subsidiary, Ramco Systems FZ-LLC, has partnered with Baker Tilly SM Envoy Consultancy LLC, one of the leading audit firms in the UAE, to make payroll easier for organisations across the country. Under the partnership, Baker Tilly will offer Ramco Payce to its clients alongside accounting, tax and advisory services, with Ramco delivering implementation, hosting and product support. Customers gain access to Ramco Payce's automation and self-service reporting.
🗣️ Rupie Speak रैमको सिस्टम्स ने यूएई की ऑडिट फर्म बेकर टिली के साथ पार्टनरशिप की है। इससे पेरोल सॉफ्टवेयर की बिक्री बढ़ेगी। मिडल ईस्ट में कंपनी की पहुंच मजबूत होगी।
Sky Gold & Diamonds surges on acquiring 100% equity shares of Purvi GemsSKY GOLD
Sky Gold & Diamonds has completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India), a company engaged in manufacturing uncut and precious jewellery. The acquisition was completed on October 7, 2026, for a cash consideration of ₹9 crore, which represents 1.5 times its book value as of March 31, 2026. Purvi Gems has a strong position in lightweight and studded jewellery segments, especially in South India and export markets.
🗣️ Rupie Speak स्काई गोल्ड ने पूर्वी जेम्स का 100% अधिग्रहण 9 करोड़ में किया है। इससे हल्के और स्टडेड ज्वेलरी में कंपनी की मजबूती बढ़ेगी। एक्सपोर्ट बिजनेस को भी फायदा मिलेगा।
Asset Reconstruction Company touches roof on reporting 54% surge in Q1 consolidated net profitARC
Asset Reconstruction Company (India) has reported a 54.16% surge in consolidated net profit at ₹89.15 crore for Q1FY27, compared to ₹57.83 crore in the same quarter last year. Total income more than doubled to ₹235.49 crore from ₹117.05 crore. On a standalone basis, net profit jumped over two-fold to ₹143.14 crore, while total income rose to ₹276.07 crore. The strong numbers drove the stock to its upper circuit.
🗣️ Rupie Speak एसेट रीकंस्ट्रक्शन कंपनी का Q1 मुनाफा 54% बढ़ा है। आय दोगुनी से ज़्यादा हुई है। मजबूत नतीजों से शेयर अपर सर्किट पर पहुंच गया। निवेशकों का भरोसा बढ़ा है।