February 7, 2026

Lovable Lingerie Shares Soar 109% Post-IPO Amid Caution Over Small Float and Valuations

Lovable Lingerie stock jumped over 100% in a week, hitting Rs 428.5 from Rs 205. Experts warn this rally is driven more by momentum than fundamentals due to low delivery volumes and small public shareholding.

February 7, 2026

No Excise Duty Hike on Cigarettes; Stocks Rally on Positive Industry Outlook

This fiscal, the central government did not raise excise duty on cigarettes, but some states hiked VAT. Tobacco firms benefit from stable prices and increased profits, pushing stocks higher.

February 7, 2026

Fitch Flags Rising Risks for Power Traders Amid State Utilities Liquidity Woes

Fitch Ratings reports growing credit risk for power traders due to liquidity problems in state power utilities like Tamil Nadu and Uttar Pradesh. Losses have surged, pushing investors to seek higher returns or look elsewhere.

February 7, 2026

Fitch Withdraws Reliance Capital Ratings as Company Halts Participation

Fitch Ratings has withdrawn its ratings on Reliance Capital after the company chose to stop cooperating in the rating process. Reliance Capital, part of Anil Ambani's group, is active in asset management, mutual funds, and insurance sectors.

February 7, 2026

DB Realty and Unitech Struggle with Sales Drop and 2G Scam Impact, Cut Debt

DB Realty saw 36% drop in net sales and 76% profit fall; Unitech sales down 17%, profits 45%. Both hit by 2G scam issues. Debt reduction efforts underway.