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Ora Banda backs GR for new processing plant

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Ora Banda backs GR for new processing plant

Subiaco-based Ora Banda Mining has selected GR Engineering Services as its preferred EPC contractor, as it continues moving towards its “Drive to 300” aspirational goal.

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Opinion: Trust still matters, PM, look at the polls

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Opinion: Trust still matters, PM, look at the polls

OPINION: If the One Nation factor is real, Labor and Liberal parties should be embarrassed.

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Apple to raise prices due to memory chip shortage, CEO tells WSJ

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Apple to raise prices due to memory chip shortage, CEO tells WSJ


Apple to raise prices due to memory chip shortage, CEO tells WSJ

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HFCL shares jump 5% after Rs 2,666-crore RVNL order; stock soars 200% in 6 months

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HFCL shares jump 5% after Rs 2,666-crore RVNL order; stock soars 200% in 6 months
Shares of HFCL rallied as much as 5% to their day’s high of Rs 199 on the BSE on Thursday after the company announced it secured a contract worth approximately Rs 2,666.09 crore from Rail Vikas Nigam Limited (RVNL) for the BharatNet Phase-III project in the Uttar Pradesh (West) Telecom Circle.

With this surge, HFCL shares are now up 200% in 6 months and about 185% in 2026.

In an exchange filing, HFCL said the contract covers the supply of telecom equipment and related accessories, installation and commissioning, creation of an Optical Fiber Cable (OFC) telecom network, and maintenance of the project over a period of 10 years, including a one-year warranty period.

Under the scope of work, HFCL will undertake the supply of telecom equipment and related accessories, installation and commissioning activities, creation of the optical fibre cable telecom network and long-term maintenance of the project infrastructure.

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HFCL stated that the contract strengthens its position in the telecom network segment. The order also expands the company’s involvement in the rollout and maintenance of telecom infrastructure under the BharatNet Phase-III programme.


Also Read | NSE IPO: 10 key things investors need to know about India’s largest IPO in history

Should you Buy HFCL shares?

Monarch Networth Capital believes HFCL is witnessing a high-quality earnings turnaround, supported by stronger capacity utilisation and a richer product mix.
Business visibility also remains strong. HFCL’s order book has reached an all-time high of around Rs 21,200 crore. Management has guided for revenue growth of 20-25% in FY27 along with a 3-4 percentage point expansion in EBITDA margins. It has also articulated a long-term aspiration of achieving Rs 10,000 crore in revenue.Monarch further highlighted the optionality emerging from HFCL’s expansion into defence, aerospace and data-centre-related opportunities. The company is scaling up its defence and aerospace vertical, supported by a 1,000-acre facility allotted in Andhra Pradesh, a defence manufacturing unit in Hosur and a proposed aerospace acquisition carrying an export order book of around Rs 1,930 crore.

Monarch also noted that HFCL is India’s largest optical fibre cable manufacturer, with manufacturing facilities across the country. It added that HFCL was the first Indian company to develop and commercialise 5G Fixed Wireless Access customer-premises equipment.

Also Read | NSE IPO: 5 PSU shareholders to offload 2.37 crore shares in mega public offer

The brokerage pointed out that HFCL has rapidly transformed from a predominantly domestic, optical fibre cable-focused company into a globally diversified technology player. Export revenue has increased from around 11% of sales in FY24 to nearly 41% in FY26, while management is targeting exports to account for more than 50% of revenue by FY27, supported by a confirmed export order book of over Rs 12,000 crore.

HFCL has emerged as one of India’s purest listed plays on the AI connectivity theme. Whether the momentum sustains from here remains to be seen, but for now, the market appears to be betting that the AI and data-centre infrastructure story is still in its early stages.

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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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NSE IPO to create significant value for investors; Tata Motors a strong long-term bet: Dipan Mehta

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NSE IPO to create significant value for investors; Tata Motors a strong long-term bet: Dipan Mehta
The proposed initial public offering (IPO) of the National Stock Exchange (NSE) is set to be one of the most significant events for India’s capital markets, according to Dipan Mehta, Director, Elixir Equities. Speaking to ET Now, Mehta said the long-awaited listing would bring greater transparency to the valuation of NSE shares while creating an important wealth-unlocking opportunity for existing investors.

Mehta noted that investors who purchased NSE shares in the unlisted market would finally have access to proper price discovery once the company goes public. “It is a very important event which we have been waiting for a long, long time… investors… may get a proper valuation,” he said. He added that the listing would be a positive development for the broader market, saying, “On the whole, it is a great development. And NSE should go ahead and create considerable value for investors.”

Describing NSE as a compelling investment opportunity, Mehta said the exchange deserves to be viewed alongside other listed financial services businesses. “It is one of the best fintech plays… the stock could be pretty attractive,” he remarked. At the same time, he cautioned that investors should keep in mind the possibility of earnings volatility arising from regulatory changes, particularly those related to options trading.

While declining to comment on opportunities in the unlisted or grey market, Mehta said the IPO would provide significant value unlocking for existing shareholders by enabling transparent trading. “It is a great value-unlocking opportunity for investors who invested in the pre-IPO stage,” he said, adding that a public listing would also improve liquidity and price discovery.

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On the automobile sector, Mehta advised investors to adopt a cautious approach, pointing to multiple headwinds facing the industry. “I think that in autos one should get a bit cautious,” he said. According to him, delayed monsoons, fading base effects, rising input costs and the industry’s gradual shift towards electric vehicles could weigh on profitability. “There could be pressure on operating profit margins… many, many headwinds over there,” he observed.


Despite the sharp correction in Tata Motors following weaker-than-expected margin guidance from Jaguar Land Rover (JLR), Mehta remains optimistic about the company’s long-term prospects. “On a longer-term basis, Tata Motors can be a great value creator,” he said, noting that JLR’s strong product pipeline and electric vehicle strategy should support future growth. He believes improving earnings visibility is only a matter of time, saying, “It is just a matter of time before they get… the predictability of earnings.”
Mehta also highlighted attractive valuations, favourable currency movements and the improving performance of Tata Motors’ domestic passenger vehicle business as additional positives. For investors with a long investment horizon, he believes the stock continues to offer meaningful upside. “If you have the longer-term view… Tata Motors… can certainly deliver good returns,” he said.

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FDA accepts Genentech filing for Lunsumio-Polivy combination

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(VIDEO) England Overpowers Croatia 4-2 in World Cup Opener as Kane and Bellingham Shine

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England forward Harry Kane celebrates against Denmark at Wembley

DALLAS — England launched its 2026 World Cup campaign with a thrilling 4-2 victory over Croatia on Wednesday, showcasing attacking firepower while exposing defensive vulnerabilities in a high-scoring Group L encounter at Dallas’ AT&T Stadium. Harry Kane scored twice for the Three Lions, including a retaken penalty, as Thomas Tuchel’s side overcame a resilient Croatian challenge to claim all three points.

The result gives England an ideal start in its quest to end 60 years of hurt since its sole World Cup triumph in 1966. Croatia, a familiar foe and perennial contender, pushed England hard but ultimately fell short against a side displaying both promise and areas for improvement ahead of tougher tests against Ghana and others in the group.

Kane opened the scoring in the 12th minute with a twice-taken spot-kick after Luka Modric fouled Noni Madueke. Croatia goalkeeper Dominik Livakovic saved the initial effort but was penalized for encroaching off his line, allowing Kane to convert the retake. The Tottenham striker, now level with Gary Lineker on 10 World Cup goals, added a powerful header from Declan Rice’s corner three minutes before halftime to restore England’s lead.

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Croatia responded twice through Martin Baturina’s powerful drive on 36 minutes and Petar Musa’s clinical finish seconds before the break. Yet England regained control after the interval, with Jude Bellingham scoring shortly after halftime and substitute Marcus Rashford sealing the win late on. The 4-2 scoreline reflected England’s superiority, particularly in the second half.

Tuchel’s Tactical Approach Pays Off

Tuchel, in his first major tournament as England manager, will take satisfaction from the victory despite defensive lapses. The side demonstrated potency in attack, with Kane, Bellingham and others creating constant threats. England’s ability to score four goals against a competitive Croatia side bodes well for progression, though Tuchel acknowledged the need for defensive refinement.

Bellingham’s inclusion ahead of Morgan Rogers proved inspired as the Real Madrid midfielder delivered a powerhouse performance capped by a fine goal. His driving run and clinical finish moments after the restart shifted momentum decisively toward England. Rashford’s composed late strike as a substitute ended any doubt about the outcome.

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Croatia, always dangerous with players like Modric and Perisic, showed why they remain formidable opponents. Their two goals highlighted England’s occasional disorganization at the back, areas Tuchel will target in training before the next match. Despite the loss, Croatia’s fighting spirit kept the contest entertaining for a capacity crowd.

Kane’s Milestone Performance

Kane’s brace took his England tally to 81 goals in 115 appearances, reinforcing his status as the national team’s all-time leading scorer. The 32-year-old forward’s penalty and header demonstrated composure under pressure and aerial prowess, key attributes that make him a constant threat at major tournaments. His performance drew comparisons to past England greats while fueling optimism for a deep run in 2026.

The retaken penalty added drama early, with Livakovic’s save initially denying Kane before the referee’s intervention. Such moments test character, and Kane’s successful conversion set a positive tone for England. His movement and link-up play throughout the match created numerous opportunities for teammates.

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Group L Context and Next Tests

The win places England atop Group L temporarily, with Ghana and Panama still to play their opening fixtures. The group, featuring strong European representation, promises competitive battles as teams vie for knockout stage qualification. England’s next match against Ghana will test its ability to maintain standards against motivated opponents.

Croatia, seeking to build on past successes including a 2018 final appearance, faces an uphill task but remains capable of causing upsets. The result underscores the fine margins in international football, where defensive solidity often proves decisive alongside attacking flair.

Defensive Concerns for England

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While England’s attack impressed, defensive frailties were evident. Croatia’s goals exposed positioning issues and momentary lapses that Tuchel will seek to address. The manager’s post-match comments emphasized encouragement for his players to express themselves while maintaining balance, a challenge for any side blending youth and experience.

The backline, marshaled by experienced players, will benefit from additional cohesion as the tournament progresses. England’s ability to score four goals provides a strong foundation, but clean sheets remain an aspiration against top opposition. Tuchel’s tactical flexibility, including substitutions like Rashford, proved effective in maintaining control.

Fan Atmosphere and Tournament Buzz

A vibrant atmosphere at AT&T Stadium reflected the global appeal of the World Cup. England supporters, known for traveling in numbers, created a partisan feel despite the neutral venue. The match’s high-scoring nature and end-to-end action delivered entertainment value that will linger in memories as the tournament unfolds.

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The result sets a positive narrative for England, generating optimism among fans and pundits. Social media buzzed with praise for individual performances while highlighting areas for growth. As the group stage continues, England’s blend of established stars and emerging talents positions it as a serious contender.

Broader Tournament Implications

England’s victory sends a message to other Group L teams and the wider competition. The Three Lions’ attacking potential could trouble any opponent, provided defensive organization improves. Croatia’s competitive display reinforces the depth of European football, promising exciting matches ahead.

The 2026 World Cup, co-hosted by the United States, Canada and Mexico, has already produced compelling storylines. England’s strong start adds to the tournament’s appeal as it builds toward later knockout stages. Tuchel’s management of squad dynamics and tactical execution will face increasing scrutiny as expectations rise.

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Player Ratings and Standout Performances

Kane earned high marks for his clinical finishing and leadership. Bellingham’s all-action display stood out, combining defensive work with creative and goal-scoring contributions. Rice’s set-piece delivery proved crucial, while Rashford’s impact off the bench demonstrated squad depth.

Croatia’s Baturina and Musa showed quality in attack, while Livakovic’s penalty save, despite the retake, highlighted goalkeeping excellence. Modric continued defying age with influential midfield play.

As England prepares for Ghana, focus turns to recovery and tactical refinement. The win provides confidence, but the tournament’s demanding schedule requires sustained performance across multiple matches.

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The result caps a memorable night in Dallas, where attacking brilliance overcame defensive imperfections in a match befitting the World Cup’s grand stage. England takes valuable momentum into the next phase of its campaign.

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En route to D-Street: NSE files draft papers with Sebi

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En route to D-Street: NSE files draft papers with Sebi
Mumbai: The National Stock Exchange (NSE) filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi), moving a step closer to an initial public offering (IPO) that has eluded it for over a decade amid a host of regulatory setbacks. Bankers and brokers said the IPO size will be around ₹30,000 crore, likely making it the largest public issue in India.

The record is held by Hyundai Motor India’s ₹27,000 crore issue in 2024. The offer will comprise up to 148.9 million shares, representing nearly 6% of NSE’s paid-up capital. NSE will be listed on the BSE as regulations prohibit a stock exchange from self-listing. The proposed issue is entirely an offer for sale (OFS) with a clutch of public sector and foreign institutions putting up a part of their stakes.

State Bank of India, MS Strategic (Mauritius), Canada Pension Plan Investment Board, Aranda Investments (Mauritius), Bank of Baroda, Stock Holding Corporation of India, General Insurance Corporation of India, The New India Assurance Company, National Insurance Company, and United India Insurance Company are among those that will be paring their holdings.

Screenshot 2026-06-18 062907Agencies

Prolonged Wait
Life Insurance Corporation of India, one of the largest shareholders, is not participating in the OFS. Up to 50% of the shares in the IPO will be allocated to qualified institutional buyers, not less than 15% will be for non-institutional bidders and 35% will be set aside for retail investors, according to the DRHP.

In the unlisted market, NSE is currently valued at around ₹5 lakh crore. On Wednesday, NSE shares in the unlisted market closed at ₹2,045 apiece. Over the past month, the stock has gone up by 3.28%.
The wait for the IPO has been one of India’s most prolonged and closely watched, with the first application submitted to Sebi on October 18, 2016.
The regulator initially withheld approval due to concerns related to a co-location case, governance lapses at the bourse, and issues with its technology infrastructure. The NSE co-location case dates back to 2015, when a whistleblower alerted Sebi to possible manipulation in the exchange’s trading system.
Since then, NSE has repeatedly approached Sebi for clearance. The regulator, under the current chairperson, formed an internal committee to look into the NSE IPO issue.

Subsequently, in June 2025, NSE filed two applications with Sebi to settle the long- standing co-location and dark fibre cases by offering to pay a total amount of more than Rs 1,388 crore.

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Recently, a Sebi expert panel agreed to NSE’s proposal to make a payment to settle cases that had been a key stumbling block in clearing the IPO.

A consortium of around 20 investment banks, including Kotak Mahindra Capital Company, JM Financial, Axis Capital, IIFL Capital Services, ICICI Securities, SBI Capital Markets, Avendus Capital, Morgan Stanley India Company, Citigroup Global Markets India and JP Morgan India will act as book-running lead managers (BRLMs) to the issue.

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Dividend alert! Last day to buy HDFC Bank, Tata Motors PV, 14 other stocks for dividends worth Rs 248

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Dividend alert! Last day to buy HDFC Bank, Tata Motors PV, 14 other stocks for dividends worth Rs 248
As many as 16 stocks including HDFC Bank, Tata Motors Passenger Vehicles, HDFC Life and others are set to turn ex-record date for dividends on Friday (June 19), effectively marking today the last day for interested investors to buy the shares to be eligible for payments cumulatively worth nearly Rs 248.

Under SEBI‘s T+1 settlement cycle, investors must purchase a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by Friday, making them eligible for the dividends.

HDFC Bank dividend

HDFC Bank in April announced that its board has recommended a final dividend of Rs 13 per share with a face value of Re 1 each for the financial year which ended on March 31, 2026. This takes the total dividend for FY26 to Rs 15.50 per equity share.

HDFC Bank has declared 28 dividends since April, 2001 and currently has a dividend yield of 3.42%, according to data on Trendlyne.

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Tata Motors Passenger Vehicles dividend

Tata Motors Passenger Vehicles (TMPV) in May said that its board has recommended a final dividend of Rs 3 per share for the financial year 2026, which would be paid to the eligible shareholders on or before July 14.

The Tata Harrier-maker has declared 20 dividends since July, 2002, according to data on Trendlyne. Notably, this includes the dividends the automaker announced before the demerger of its commercial vehicle business last year.

Tata Communications dividend

Tata Communications will turn ex-record date for a dividend of Rs 17.5 per share for FY26 tomorrow. The company has declared 28 dividends since August, 2000 and has a dividend yield of 1.29%, according to data on Trendlyne.

HDFC Life Insurance Company

HDFC Life Insurance Company has also set Friday as the record date for its final dividend of Rs 2.1 per share. The dividend is scheduled to be paid to the eligible shareholders on or after July 20.

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Also read:
Brigade Enterprises shares rally 10% after bonus issue. Here’s why you can ignore the 22% plunge

Other stocks turning ex-record date for dividends tomorrow

Sanofi Consumer Healthcare India will turn ex-record date for a final dividend of Rs 75 per share tomorrow, accounting for the highest payout among the pack of stocks whose record date for dividend has been fixed on Friday. Indiamart Intermesh meanwhile will pay a special dividend of Rs 30 and a final dividend of Rs 30.

Polycab India has fixed Friday as the record date for a final dividend of Rs 47 per share. FMCG major AWL Agri Business (formerly Adani Wilmar Limited) tomorrow will turn ex-record date for a final dividend of Rs 1 per share.
Other companies turning ex-record date for dividends include Amba Enterprises (Rs 0.75 per share), Corona Remedies (Rs 10 per share), GHCL Textiles (Rs 0.6 per share), Hindusthan Insulators & Industries (Rs 0.5 per share), India Shelter Finance Corporation (Rs 10 per share), Raghav Productivity Enhancers (Rs 1 per share), Solitaire Machine Tools (Rs 1.5 per share) and Torrent Power (Rs 5 per share).
Along with these stocks, Deepak Builders & Engineers India has fixed Friday as the record date for its 1:10 stock split, while String Metaverse will turn ex-record date for a bonus issue in the ratio of 2:9 tomorrow.
Also read: Dividends and bonus issues! 31 stocks turning ex-record date this week. Do you own any?

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Vedanta Aluminium shares jump over 3% after Citi, Kotak initiate with Buy, see up to 29% upside. Here’s why

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Vedanta Aluminium shares jump over 3% after Citi, Kotak initiate with Buy, see up to 29% upside. Here’s why
Shares of Vedanta Aluminium Metal rallied over 3% to their day’s high of Rs 480 on the BSE on Thursday after Citi and Kotak Institutional Equities initiated coverage on the stock with a ‘Buy’ rating and a target price of Rs 560 and 600, respectively. International brokerage Citi named the newly-listed stock its top Indian metals pick.

While Citi projects 20% upside, Kotak with a higher target forecasts an upside of 29% from current levels. The gains come after the stock dropped nearly 11% in just three days since listing. The latest target price implies an upside potential of more than 20% from the stock’s previous closing price of Rs 465.36 on the NSE.

Citi listed key drivers for its bullish call, which include a positive aluminium outlook, growth potential (Balco expansion, Vedanta Aluminium debottlenecking), cost focus (higher captive alumina, domestic bauxite and captive coal), and improving leverage. It expects the company to have a net cash position by FY28.

Expecting aluminium prices to hover around $3,400 in FY27-28, Citi explained that every $100 per ton change in LME can impact the company’s EBITDA by 4-5.5%, and subsequently fair value by nearly Rs 30 per share. “We open a 90-D positive CW: Our commodities team believes the aluminium market is in deficit and will draw inventories sharply over the next 3-6 months, driving prices up 15-20% to $4,000 per ton in base case,” it added.

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Kotak on Vedanta Aluminium shares

Kotak Institutional Equities cited the company’s strong positioning as a pure-play aluminium producer. The brokerage believes Vedanta Aluminium is well placed to benefit from sector-leading volume growth, accelerating backward integration and a supportive industry environment. Capacity additions are expected to drive a volume CAGR of around 6% between FY2026 and FY2029, while greater integration across bauxite and coal mines is likely to significantly improve cost competitiveness.


Kotak estimates that the company’s backward integration initiatives could reduce costs by nearly $150 per tonne, providing a meaningful boost to profitability. It also expects a structural deficit in the global aluminium market and sustained elevated aluminium prices to support earnings growth over the medium term.
The brokerage further highlighted that strong free cash flow generation should enable rapid deleveraging of the balance sheet while creating room for higher shareholder returns.

How Vedanta Aluminium shares have been performing?

Four Vedanta Group companies that spun out from Vedanta after the demerger made their much-awaited market debut on Monday, following which the shares of aluminium, iron and steel as well as oil and gas tumbled while those of the power business soared in three days.

Vedanta Aluminium shares listed as the only large-cap stock on the list, debuting at Rs 522 apiece on NSE and surpassing its parent company in terms of market capitalisation on Monday. The stock then dropped 11% in three days to close at Rs 465.36 apiece on Wednesday.

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Also Read | What’s dampening the shine of Vedanta’s new crown jewel?

What lies ahead for Vedanta Aluminium?

From a pure valuation and structural standpoint, Sunny Agrawal, Head of Fundamental Research at SBI Securities, said that Vedanta Aluminium Metal appears to offer the most compelling risk‑reward among the five entities for long-term investors.

The aluminium business has emerged as the largest and most scalable vertical within the group, benefiting from strong global demand drivers (EVs, renewables, infrastructure) and integrated cost efficiencies, which enhance margin resilience across cycles, he noted, adding that by contrast, the residual Vedanta housing the zinc-silver business (Hindustan Zinc stake + Zinc International) and base metals business offers stable cash flows and dividend yield but likely limited valuation re-rating given that much of the zinc value is already priced in.

“The other demerged entities (oil & gas, power, and iron & steel) offer cyclical upside but carry higher commodity and execution risks, especially given weaker listing traction and greater earnings volatility. Hence, on a forward SOTP basis, aluminium stands out as a structural compounder with favourable operating leverage, while the rest are more tactical or cyclical plays,” Agrawal further said.

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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Ford Launches Daily Engine Teardown Programs at All Plants to Improve Quality and Reduce Recalls

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DEARBORN, Mich. — Ford Motor Company has implemented daily engine teardown programs at every manufacturing plant as part of a broader effort to strengthen quality control and address persistent recall issues that have plagued the automaker in recent years.

The initiative replaces a previous 90-day teardown schedule and aims to identify potential problems earlier in the production process. Neil Wilson, manager of the Ford Essex engine plant responsible for the 5.0L V8 Coyote and 6.8L and 7.3L V8 engines, described the change during a discussion with Road & Track. According to Wilson, the daily practice, which began after Valencia Assembly plant unofficially adopted it with positive results, has already contributed to declining warranty claims and fewer recalls.

Ford has faced criticism for issuing the most recalls of any automaker in the United States for about six years. The company acknowledges that lax quality standards on older vehicles contributed to these issues but maintains that newer models benefit from increased scrutiny across all aspects of production. The daily teardowns represent a proactive step to catch defects before vehicles reach customers.

The program involves selecting an engine from the assembly line each day for complete disassembly and analysis. This allows engineers to examine components for wear, manufacturing inconsistencies or design flaws that might not appear in simulated testing. Ford is also using artificial intelligence to determine which specific engine should be pulled for teardown, optimizing the process for maximum insight.

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This approach follows statements from Ford COO Kumar Galhotra about changes to the company’s testing regime. The automaker now tests engines until failure rather than stopping at predetermined mileage intervals, a shift credited with improving quality on late-model vehicles.

Addressing Long-Standing Quality Challenges

Ford’s quality issues have been well-documented, with multiple high-profile recalls affecting millions of vehicles. The company has worked to improve supplier standards, barring companies with poor quality records from future contracts. The daily teardown program extends this focus to internal processes, aiming to prevent problems from reaching the market.

The Essex engine plant serves as a key example. As the facility responsible for several high-volume V8 engines used across Ford’s lineup, its adoption of daily teardowns sets a standard for other plants. Wilson noted that the previous quarterly schedule sometimes delayed identification of emerging issues, whereas daily analysis provides more timely feedback for production adjustments.

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The initiative comes as Ford navigates a competitive automotive landscape increasingly focused on reliability and customer satisfaction. Electric vehicle transitions, supply chain pressures and evolving consumer expectations have heightened the importance of robust quality assurance. By catching issues early, Ford hopes to reduce warranty costs, protect its brand reputation and build long-term customer loyalty.

Broader Industry Context

Ford’s move reflects wider trends in automotive manufacturing where real-time quality monitoring is gaining prominence. Many manufacturers are investing in advanced analytics and predictive maintenance to minimize defects. The use of AI in selecting engines for teardown at Ford demonstrates how data-driven approaches can enhance traditional quality control methods.

The auto industry has faced increased scrutiny over recall management in recent years. Regulators and consumers demand greater transparency and faster responses to safety concerns. Ford’s daily teardown program, combined with stricter supplier standards, signals a commitment to addressing these expectations proactively.

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Other automakers have implemented similar rigorous testing protocols, particularly as vehicles incorporate more complex electronics and software. The shift from periodic to continuous monitoring helps manufacturers adapt to faster production cycles and more stringent safety requirements.

Impact on Production and Workforce

Implementing daily teardowns requires additional resources and trained personnel to conduct thorough analyses without disrupting overall output. Ford has restructured teams to accommodate the new process, emphasizing efficiency gains that offset the added workload. The company maintains that these changes support long-term profitability goals by reducing post-sale costs associated with recalls and warranty claims.

The Essex plant’s success with the program has encouraged its expansion across Ford’s global manufacturing network. This standardization aims to ensure consistent quality regardless of production location, addressing previous variations that sometimes led to regional issues.

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Financial and Strategic Implications

Ford has accumulated significant losses in recent years while investing in electric vehicles and autonomous technology. Reaching profitability targets depends on controlling costs and improving product reliability. The daily teardown initiative aligns with these goals by minimizing expensive recalls and enhancing customer satisfaction, which can drive repeat business and brand loyalty.

Analysts view the program as a positive step toward operational excellence. By identifying and resolving issues before vehicles leave the factory, Ford can reduce financial exposure and strengthen its competitive position against rivals with stronger quality reputations.

The automaker’s focus on supplier quality further supports this strategy. Preventing companies with poor records from bidding on contracts helps maintain higher standards throughout the supply chain, reducing the risk of component-related defects.

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Consumer Perspective and Future Outlook

For consumers, Ford’s quality initiatives could translate to greater confidence in vehicle reliability and fewer unexpected repair costs. The company has acknowledged past shortcomings and is working to rebuild trust through transparent communication and tangible improvements.

As the automotive industry continues evolving toward electrification and advanced driver assistance systems, rigorous quality control becomes increasingly important. Ford’s daily engine teardown program positions the company to meet these demands while addressing historical challenges.

The initiative is part of a broader transformation at Ford aimed at sustainable profitability and innovation leadership. By combining traditional manufacturing expertise with data analytics and AI, the automaker seeks to create vehicles that meet modern consumer expectations for safety, performance and dependability.

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Ford’s progress will be closely watched by industry observers and investors. Successful implementation of the daily teardown program, along with other quality enhancements, could mark a turning point in the company’s reputation and financial performance.

As 2026 advances, Ford’s commitment to these measures reflects recognition that quality remains fundamental to long-term success in the competitive automotive market. The daily engine teardowns represent a practical step toward preventing issues rather than managing them after they occur, potentially setting a new standard for manufacturing excellence.

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