PROSTARM

** Indian brokerage and investor services firm KFin Technologies KFIN.NS rises 3.4% to 1,315.5 rupees

** KFIN stock among top five gainers on Nifty small-cap index .NIFSMCP100, which is up 0.8%

** Jefferies reiterates "buy" with price target at 1,460 rupees, which is at ~15% premium on last close

** Says Ascent Fund Services' acquisition will aid KFIN's global portfolio as a registrar and transfer agents platform, citing roadshow with company management

** Jefferies says the acquisition will aid 20% profit CAGR for co on Ascent's strong presence across large markets; adds Ascent has 576 live funds across 18 countries

** KFIN management expects international business to grow 30-35% CAGR over next 3-5 years; domestic business to grow 15-20% in medium term - Jefferies

** Stock rated "hold" on avg, median PT at 1,248 rupees - data compiled by LSEG

** YTD, stock down 14% vs ~2% decline in NIFSMCP100

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Indian solar pumps maker Oswal Pumps OSWP.NS jumps 4.3% to 640.3 rupees on first day of trading

** Stock opened at 634 rupees vs issue price of 614 rupees; co valued at ~$843 million

** IPO consists of fresh share issue worth 8.9 billion rupees, sale of 8.1 million existing shares

** IPO was subscribed 34.42 times, driven by qualified institutional buyers subscribing by 88.08x

** "We believe the IPO offers attractive entry for medium- to long-term investors seeking exposure to the confluence of agri-infrastructure and clean energy," said Gaurav Garg, research analyst at Lemonn Markets Desk

** Proceeds from fresh issue to fund co's capex plans, set up units in Haryana state, trim co and subsidiary's debt

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Siemens Energy India SIEE.NS were trading 2.1% lower on first day of trading at 2,780.1 rupees

** Stock opened at 2,840 rupees vs discovered price of 2,478.2 rupees

** Siemens Ltd SIEM.NS spun off its energy business to focus more on core business that meets demands of shareholders at German parent, Siemens AG SIEGn.DE; SIEM was down 2.1% at 3,284 rupees

** SIEE provides products and solutions across energy production, power generation and transmission

** Antique Stock Broking, HDFC Securities Research initiate coverage on stock with "buy" rating each

** Analysts said strong infrastructure, facilities and exclusive business rights in countries including Bhutan, Nepal, Sri Lanka and Maldives to act as significant advantages for co's growth

** Jefferies analysts said SIEE is country's largest pure-play T&D equipment player

** Siemens shareholders will receive one Siemens Energy India share for every SIEM share held

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Optiemus Infracom OPTI.NS jump 11.3% to 684.7 rupees, its highest level in nearly 5 months

** Mobile and telecom products firm's unit partners with smartphone maker OnePlus to manufacture IoT devices in India

** IoT or Internet of Things is the concept of connecting household devices to the internet

** The partnership aligns with OnePlus' long-term vision for India - OPTI

** OPTI stock on track to log busiest trading session in 10 months, volumes at 9.8x the 30-day avg

** Stock down ~2% YTD

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Indraprastha Gas IGAS.NS climb 3.2% to emerge as top percentage gainer on the Nifty energy index .NIFTYENR, which is up 0.3%

** Citi Research analysts say potential disruption risks from EVs for city gas distributors (CGDs) like IGAS appear to be rapidly fading, citing local media report which said Delhi will likely relax EV transition policy

** The EV transition policy mandated that new additions to cab fleets will switch to all-electric fleets by 2030, which Citi said dampened sentiment for IGL's growth prospects

** Adds cab segment contributes to 12-15% of IGAS's CNG volumes

** Due to electrification, contribution from Delhi Transport Corp (DTC) buses dropped to 2% for IGAS vs 7-8% a few years ago - Citi

** Adds air quality mandate of directing only clean fuels in busses could partially offset losses in DTC segment for IGAS post November 2026

** Citi rates IGAS "buy", target price at 250 rupees - reflecting a 26% upside on last close

** Stock down 1.3% YTD

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of SJS Enterprises SJSE.NS climb 4.1% to 1,216.2 rupees

** Brokerage Elara Capital initiates coverage on stock with "buy", target price of 1,710 rupees

** Says co is leading manufacturer of aesthetic auto parts and is set to benefit from premiumisation of passenger vehicles and 2 wheelers

** Adds 1.6 billion capex for FY26 will aid expansion of export-ready verticals, enhancing average selling price

** Elara analysts say co trades at discount to peers; adds strong re-rating likely as expansions unfold

** Year-to-date, stock up 5.1%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Indegene INEG.NS gain 1.4% to 591.6 rupees; stock rose as much as 3.5% on the day

** Brokerage Kotak Institutional Equities hikes fair value by 6% to 700 rupees, a Street-high; keeps "buy" rating

** Says growth recovery for FY26 is on track, tariffs uncertainties have not impacted demand significantly

** INEG provides digital services in the biopharma industry; major chunk of its revenue comes from North America

** Kotak expects co to deliver double-digit revenue growth in FY26, backed by strong deals pipeline, better industry outlook and lower client-specific headwinds

** Stock rated "hold" on avg, median PT is 610 rupees - data compiled by LSEG

** INEG down ~2% year-to-date

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of IFB Industries IFBI.NS climb 4.8% to a near 5-month high of 1,609.5 rupees

** Brokerage Centrum raises PT on stock by ~4% to 1,615 rupees, retains "add"; Nirmal Bang hikes PT by ~16% to 1,780 rupees, keeps "buy"

** Nirmal Bang's PT on stock is a Street-high and reflects a ~16% upside on last close

** Brokerage says it remains positive on co's long-term business prospects on the back of consistent cost reduction efforts, better brand visibility, increasing premium products' share

** Home appliances maker targets double-digit EBITDA margins growth in FY26, driven by volumes' scale-up, lower costs and reducing discounts - analysts said, citing investors' call on June 9

** Analysts at Centrum expect co's improving profitability in the air conditioners segment as key growth driver

** Stock rated "buy" on avg, median PT at 1,679 rupees - data compiled by LSEG

** Year-to-date, IFBI down 15%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** IndiGo INGL.NS jumps 3.6% to record high of 5,680 rupees

** HSBC raises TP by 11% to 6,650 rupees, a Street-high; keeps "buy" rating

** Says INGL's strategy to expand in tier-2 and 3 city routes will help limit exposure to lower-yielding routes

** Adds co's fares look healthy and will likely be supported by strong capacity

** Says international expansion should see execution tailwinds from experienced management team, lowest unit costs, large domestic network

** HSBC increases INGL's EBITDA estimate by 2% and net profit prediction by 19% and 18%, respectively, for FY26-27

** Stock rated "buy" on avg, median TP at 6,300 rupees - data compiled by LSEG

** Year-to-date, stock up ~25%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** IndusInd Bank shares INBK.NS climb 4.4% to 838.45 rupees

** Deputy governor Swaminathan says bank has already accomplished audits, accounted for discrepancies and examined accounting fraud

** Adds, things should settle down at the lender soon and be back to normal

** RBI chief Sanjay Malhotra says private bank has taken steps to improve accounting, other practices; adds "bank is doing well"

** INBK stock has dropped 7% since it disclosed incorrect accounting of internal derivative trades in the company, on March 10

** YTD, stock down nearly 13%; Nifty bank index .NSEBANK up 11%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Swiggy SWIG.NS gain 6.8% to 355.85 rupees

** Stock on track to log best day in about three months

** About 1.1 million shares traded in five block deals priced between 342.85 rupees and 354.5 rupees apiece - as per data compiled by LSEG

** Block deals at 2.9% to 6.4% premium on last closing price of 333.2 rupees

** Overall 27.2 million shares changed hands, 1.6x the 30 day avg

** Stock down 34% YTD

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Federal Bank FED.NS shares up 2.3% to 211 rupees, a nearly 6-month high

** Stock top pct gainer on Nifty bank index .NSEBANK, which is down 0.8%

** Over 2.5 million shares traded in three block deals priced between 207.66 and 212.01 rupees per share - as per data compiled by LSEG

** The deals valued the stock at a premium of between 0.7% and 2.8% from the last close price of 206.25 rupees

** Overall 17 million shares traded, 1.8x the 30-day avg

** Stock up 5.5% YTD

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Apollo Hospitals Enterprise APLH.NS gain 1.1% to 6,953.5 rupees

** Hospital chain operator beat quarterly profit estimates on Friday due to strong demand

** Co expects 150 basis points margin expansion in existing units in FY26; analysts at Citi expect this to offset the impact of losses from newer units

** Analysts at UBS said re-rating on APLH stock is likely due; expect co's plan to add 4,300 beds over next 3-4 years as a key revenue driver

** Stock rated "buy" on avg, median PT at 8,058 rupees - data compiled by LSEG

** APLH on track to snap four straight sessions of losses

** Stock down 4.7% YTD vs 4.5% gains in benchmark Nifty 50 index .NSEI

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))