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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  Estd 2006 Corporate Strategy  |  AI Pivot & Power Infrastructure Reliance Power's AI Pivot (₹25.10): Rebranding, ₹9,000 Cr Capital, and a Policy Tailwind Arriving Right on Cue Four renamed subsidiaries. A ₹9,000 crore fundraise. And a state government simultaneously building the exact demand this pivot is betting on. On June 30, 2026, Reliance Power quietly filed one of the more consequential corporate-identity shifts in the Indian power sector this year. Four of its subsidiaries were renamed Reliance AI Green Power, Reliance AI Power, Reliance AI Data Control, and Reliance AI Data C — and the company formally added artificial intelligence and technology-enabled services to its business objects. This was not a data-centre announcement or a customer contract. It was...
Karuturi Global Ltd: Steady Upmove expected
Banglore-based Karuturi Global Ltd (KGL) is India's largest rose exporter. Recently, it has been taking various steps to reduce its debts including selling off 53% stake in Mumbai-based Florista India Pvt Ltd, which operates a chain of floral designing boutiques across India. Founded in 2007, Florista India offers roses, orchids, gerberas and exotic flowers for anniversary, birthday, congratulations, get well, love and affection, miss you, and new baby occasions.

The scrip of KGL seems to be on a steady uptrend since the last few days, after a long consolidation phase. The latest Book value of the shares of the company is Rs.12.04. The P/E of Karutuuri Global Ltd (Rs.1.95) is 14.54 against the industry average of 33.94, giving it enough room for appreciation with the current set of fundamentals in place. The next logical target for the scrip is Rs.2.25.

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