IRAN'S CURRENCY DROPS TO RECORD LOW OF OVER 2 MILLION RIALS TO THE U.S. DOLLAR

ARCHEAN CHEMICAL:

IIFL says Archean Chemical Is Making Products For The Semicon Industry

RATNAMANI METALS: CO WINS EXPORT ORDER WORTH 2700 CR RS; CO MCAP 17000 CR RS

Onion prices have surged sharply, with the average retail price reaching ₹42/kg — up 45% year-on-year and 19% from last month.

To ease pressure on consumers, the Centre is releasing buffer stocks and running special ‘Kanda Express’ trains from Nashik to Delhi, Chennai, Kochi and Guwahati, where prices are above the national average.

IIFL ON CHEMICAL STOCKS

• SRF: ADD | TP ₹3,095

• Coromandel: ADD | TP ₹2,235

• UPL: REDUCE | TP ₹640

• Gujarat Fluoro: BUY | TP ₹5,150

• PI Industries: REDUCE | TP ₹2,365

VISHAL MEGA MART: Promoter might look to offload some stake AS PER DEALER - NDTV PROFIT 🔴

Note : Stock Up 10 % On Ceo Reappointment Optimism

AMBIt ASSET MANAGEMENT: AUGUST PORTFOLIO HIGHLIGHTS

• Pricing Prowess Fund: Eternal 6.7% | Eicher Motors 5.1% | Phoenix Mills 4.9% | Aegis Vopak 4.6% | Maruti Suzuki 4.1%

• Coffee Can Portfolio: HDFC Bank 9% | Eternal 7% | Eicher Motors 7% | Bharti Airtel 6% | Bajaj Finserv 5%

• Good & Clean: Lupin 6% | Shriram Finance 6%

• Emerging Giants: CCL Products 8%

• Micro Marvels: Down 5.2% since July 2024 launch.

• Pricing Prowess: Up 0.2% since inception vs BSE 500 +0.1% and Nifty 50 -3.1%.

• Coffee Can: Up 13.1% since inception vs Nifty 50 TRI +12.1%.

STOCKS IN FOCUS - NDTV Dealing Room Buzz

• L&T: Expect announcement on wire & cable business next week.

• Havells / Polycab / UltraTech: Expect announcement on wire & cable business next week.

• Persistent Systems: Buying flows seen from DII desk.

• Molbio Diagnostics: Large prominent HNI seen as an active buyer.

• Goodluck India: Buzz of order win announcement expected soon.

SUGAR STOCKS : SUGAR PRICES FELL UPTO ₹ 500/QUINTAL - ZEE BUSINESS 🔴🔴

MACH TRAVEL SOLUTIONS: ENTERS INBOUND TRAVEL BUSINESS ✈️

• Secured its first 3 inbound travel groups from France, Belgium and the US.

• Total 71 international travellers.

• Tours scheduled for October 2026.

• Destinations include Rajasthan, South India and Nepal.

• Marks the company’s entry into serving international travellers coming to India and the region.

S&P Assigns `BBB’ Rating To ICICIBank’s $1 Bn Sr Unsecured Notes

IndiGo to start non-stop flights between Gaya, Bihar and Bangkok from October 26, operating twice weekly.

AFCONS INFRASTRUCTURE:

CO RECEIVES ARBITRAL AWARD OF ₹335.50 CRORE IN FAVOUR AGAINST UPEIDA

IEA CHIEF BIROL:

NOT DISCUSSING A SECOND RELEASE OF STRATEGIC OIL RESERVES AT THIS TIME

FIRST STRATEGIC RELEASE IN MARCH WAS 400 MILLION BARRELS, OR 20%, WITH 80% STILL LEFT

IEA CHIEF BIROL:

WE ARE ALWAYS FOLLOWING THE MARKETS VERY, VERY CLOSELY

IEA CHIEF BIROL:

WORRIED ABOUT EUROPE GAS SITUATION THIS WINTER BECAUSE OF LOW STOCKS, MIDDLE EAST SUPPLY DISRUPTION, END OF RUSSIAN LNG GAS SUPPLY

TRSY SEC BESSENT COULD TAP NEAR $1 TRILLION TREASURY GENERAL ACCOUNT TO FUND BOND BUYBACKS, SOURCES SAID

MINISTRY OF FINANCE

FM Sitharaman to visit Canada, US from Aug 25-Sept 2

First India-Canada Economic and Financial Dialogue on agenda

Sitharaman, Canadian Finance Minister to participate in inaugural dialogue

FM to lead India delegation at G20 FMCBG meeting under US Presidency

TCS: €1.25 BN, 5-YEAR STRATEGIC DEAL WITH PORSCHE 🤝

• TCS has signed a 5-year strategic deal worth €1.25 billion with Porsche AG.

• Partnership to begin after the closing of the MHP acquisition.

• Focus areas include AI across engineering, manufacturing, operations and customer experience.

• TCS will support Porsche’s enterprise transformation and next-generation automotive technology.

• 🚗 Partnership also covers software-defined mobility platforms.

SITHARAMAN HEADS TO CANADA AND US FOR 8-DAY TRIP — FIRST-EVER INDIA-CANADA ECONOMIC DIALOGUE ON THE AGENDA

IRAN IS COMPLETELY COLLAPSING!!! PRESIDENT DJT