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Prysmian Lands Long-Term €5.5 Billion Agreement With Molex for Data Center Growth
Prysmian signed a landmark €5.5 billion agreement with Molex on Monday, July 20, 2026. The Italian cable maker will supply optical cables for data center infrastructure. Molex, owned by privately held Koch Industries, committed to this decade-long partnership. The deal includes a €550 million advance payment to Prysmian upfront. This agreement forms part of Prysmian’s…
Vedanta Limited Stock Analysis: Key Growth Drivers, Risks, and Outlook for Investors
Vedanta Limited has stayed in focus after completing its major business demerger in 2026 and announcing expansion plans across its metals, mining, and energy businesses. At the same time, the company is strengthening its balance sheet while benefiting from steady demand for aluminium, zinc, and oil. Those developments have brought fresh attention to Vedanta shares….
Global Market: US-Iran Tensions Lift Brent Above $90 as Kospi Declines 3% and GIFT Nifty Weakens
Global market sentiment turned sharply risk-off on July 20, 2026. Brent crude broke above $90 a barrel as US-Iran hostilities entered a ninth consecutive night. South Korea’s Kospi tumbled into a technical bear market. India’s GIFT Nifty pointed to a weak open. The common thread across every market: fear over the Strait of Hormuz and…
Kafka Apparel Maker Files for Bankruptcy With ¥3 Billion in Debt
Kafka, a women’s and children’s clothing OEM manufacturer in Aichi, Japan, filed for bankruptcy on July 17 with approximately ¥3 billion in liabilities. The company struggled with inventory costs despite strong revenue.
CEAT (NSE: CEATLTD) Shares Sink 9% as Q1 FY27 Profit Crashes 96% Amid West Asia Crisis
CEAT shares sank as much as 9.3% Friday after a dismal Q1 FY27 profit report. The tyre maker’s net profit crashed 96% to just ₹4 crore. That compares with ₹112 crore reported in the same quarter last year. Revenue still grew 22.36% year-on-year to ₹4,318 crore during the quarter. CEAT shares touched an intraday low…
Zhongji Innolight Targets Up to $7 Billion in Hong Kong Listing After July 17 Approval
Zhongji Innolight is nearing final clearance for what could become Hong Kong’s largest listing this year. Bloomberg reported on July 15, 2026, that China’s securities regulator was set to approve the deal. That approval clears the path for a Hong Kong Stock Exchange listing hearing this week. Zhongji Innolight now aims to raise to $7…
PC Jeweller Shares Fall 5.80% to ₹9.73 After Board Approves ₹1,000 Crore QIP on July 16
On 16 July 2026, PC Jeweller shares fell 5.80% to ₹9.73 after the company’s board approved a ₹1,000 crore Qualified Institutional Placement (QIP). The fundraising plan aims to strengthen the company’s finances and support future growth. However, the announcement also raised concerns about possible equity dilution, leading to selling pressure in the stock. Here’s why…
Caliber Mining IPO Sees Early Bids on Day 1; ₹135 Crore Anchor Book Backed by Abakkus and Helios
The Caliber Mining IPO opened for public subscription on July 17, 2026. The Maharashtra-based coal mining and logistics firm is raising ₹450 crore through this mainboard offering. Ahead of the launch, the company secured ₹134.99 crore from anchor investors on July 16. Abakkus and Helios Mutual Fund led the anchor round, signaling strong institutional confidence…
Reliance Industries Share Price Jumps 2.4% to ₹1,323.80 Ahead of Q1 FY27 Results on July 17
On 17 July 2026, Reliance Industries Ltd. (RIL) shares climbed 2.4% to ₹1,323.80 as investors waited for the company’s Q1 FY27 earnings, scheduled for later in the day. As India’s most valuable listed company, Reliance often influences overall market sentiment, so its quarterly results attract close attention from both traders and long-term investors. This quarter,…