ET Intelligence Group: Power Grid Corporation of India’s (PGCIL) decision to ban KEC International (KECIL) from participating in tenders for the next nine months for non-compliance with contractual provisions is likely to result in loss of over ₹1,500 crore worth of orders for the latter. According to PL Capital, this could reduce FY27 earnings per […]
Among small caps, Mahanagar Gas Ltd (MGL), Kirloskar Brothers, Sansera Engineering and Kalpataru Projects International are the top choices of Axis Securities. The brokerage also reflected on the market volatility of September, which followed at a strong meeting from May to August 2025. Although the announcement of GST 2.0, which rationalized tax plates and most […]