Avendus Spark Downgrades Muthoot Finance to Sell from Buy; Price Target is INR3,057

Avendus Spark Downgrades Inventurus Knowledge Solutions to Add from Buy; Price Target is INR1,800

Fiem Industries Board to Consider Final Dividend for Fiscal 2026

Fiem Industries (NSE:FIEMIND, BOM:532768) said its board of directors will meet on May 25 to consider the declaration of a final dividend for the financial year ended March 31, according to a filing with the Indian bourses on Friday.

Emrock Acquires Majority Stake in Emrock Energy

Emrock Corp. (BOM:531676) acquired a 50.49% stake in Emrock Energy Pvt. Ltd. through subscription to equity shares under a preferential allotment/private placement, according to a Friday filing on BSE.Following the transaction, Emrock Energy has become a subsidiary of the company, the filing said.Emrock Energy operates in the renewable energy and waste-to-energy segment, including solar power and biomass-based energy projects, it added.