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Ujjwal Maheshwari

Ujjwal Maheshwari is a Sydney-based financial writer at Stocks Down Under, where he has covered ASX and forex markets for over three years. He specialises in breaking down complex market developments into clear, accessible analysis for everyday investors.

Bachelor of Commerce (Finance), University of New South Wales (UNSW)

600 articles published

Industrials

Duratec (ASX: DUR) Acquires Pacific Welding Australia for A$12 Million: Is the Stock a Buy Now?

Duratec Expands With A$12 Million Pacific Welding Deal Duratec (ASX: DUR) climbed 1.48% on Thursday after announcing it will buy Newcastle-based Pacific Welding Australia for up to A$12 million. The deal pushes Duratec further into the East Coast market and adds welding and fabrication skills it did not previously have in New South Wales. For…

ByUjjwal MaheshwariApril 3, 20260Comments

Mining Stocks

China’s Manufacturing PMI Just Hit Its Best Level in a Year: These 5 ASX Stocks Look Like Buys Right Now

ASX Stocks to Buy: 5 Picks to Benefit from China’s PMI Surge China's official NBS Manufacturing PMI climbed to 50.4 in March 2026, up from 49.0 in February, beating market expectations of 50.1 and marking the strongest reading since March last year. For ASX resource investors who have endured a rough few months, this is…

ByUjjwal MaheshwariApril 3, 20260Comments

Retail

KMD Brands (ASX: KMD) Crashes Over 50% After NZ$65 Million Raise at Nearly 70% Discount: Buy the Dip or Stay Away?

KMD Brands' 70% Discounted Capital Raise: What It Means for Investors KMD Brands (ASX: KMD) lost more than half its value when shares resumed trading on 2 April 2026, after spending a week in a trading halt. The company behind Kathmandu, Rip Curl and Oboz raised NZ$65.3 million (approximately A$54.5 million) in new capital, priced…

ByUjjwal MaheshwariApril 3, 20260Comments

Gold Stocks

Northern Star (ASX: NST) Launches A$500M Buyback After 26% 12-Month Run: Buying Opportunity or Time to Take Profits?

Northern Star Launches A$500M Buyback Northern Star Resources (ASX: NST) delivered two updates before market open on Thursday. It sold 381,000 ounces of gold in the March quarter, keeping its full-year production target in sight, and announced an on-market share buyback of up to A$500 million starting on or around April 23. Managing Director Stuart…

ByUjjwal MaheshwariApril 3, 20260Comments

Mining Stocks

Perenti (ASX: PRN) Rises 4% on New CEO Appointment: Should You Buy, Hold or Wait?

Perenti CEO Change Drives 4% Stock Rise Perenti (ASX: PRN) climbed 4.1% on Wednesday after the company named Dr Vanessa Torres as its next CEO, taking over from Mark Norwell on 1 June 2026. The share price reaction was calm rather than explosive, and that actually makes sense. This is not a shock announcement or a…

ByUjjwal MaheshwariApril 2, 20260Comments

Tech Stocks

PEXA Group (ASX: PXA) Plunges 15% After UBS Downgrade: Buying Opportunity or a Warning Sign?

PEXA Faces Regulatory Headwinds: What’s Next? PEXA Group (ASX: PXA) had a bruising Wednesday, falling nearly 15% to close at A$12.97 after UBS downgraded the stock from buy to neutral and cut its price target from A$17.50 to A$15.70. There was no earnings miss and no operational failure. What spooked the market was a shift…

ByUjjwal MaheshwariApril 2, 20260Comments

Energy Stocks

Paladin Energy (ASX: PDN) Surges 7% as Indigenous Legal Challenge Hits Patterson Lake South Uranium Project

Paladin Energy Surges 7% Despite Legal Challenge Paladin Energy (ASX: PDN) climbed roughly 7% on Wednesday despite news that the Métis Nation-Saskatchewan has filed a judicial review challenging the Environmental Impact Statement (EIS) approval for its Patterson Lake South (PLS) uranium project in Canada. A legal challenge on a flagship growth asset would typically be…

ByUjjwal MaheshwariApril 2, 20260Comments

Mining Stocks

ASX Materials Stocks Surge Nearly 5% on Iran Peace Hopes: Here’s What to Buy, Hold, and Avoid

ASX Materials Surge: Geopolitical Factors and Market Outlook The ASX materials sector rocketed 4.86% on Wednesday, making it the strongest-performing sector on the market. The catalyst was US President Donald Trump stating he may end military operations in Iran within two to three weeks, easing the Middle East tensions that have weighed on commodity markets…

ByUjjwal MaheshwariApril 2, 20260Comments

Consumer

Collins Foods (ASX:CKF) Exits Taco Bell: Is This a Buying Opportunity Before the KFC Turnaround Kicks In?

Collins Foods Exits Taco Bell: Time to Buy CKF? Collins Foods (ASX: CKF) fell as low as A$8.45 in early trading on Tuesday before recovering to close at A$8.75 after announcing a legally binding conditional agreement to transfer 20 of its Taco Bell outlets to a Taco Bell-affiliated entity and Restaurant Brands Australia Holdings, with…

ByUjjwal MaheshwariApril 1, 20260Comments

Financials

Tyro Payments (ASX:TYR) Surges on RBA Card Reforms Despite Being Down 25% This Year- Is Now the Time to Buy?

Tyro jumps as RBA ruling eases investor concerns Tyro Payments (ASX: TYR) jumped over 5% to A$0.79 on Tuesday after the Reserve Bank of Australia published its final ruling on card payment reform. The RBA confirmed a ban on card surcharges from October 2026, alongside lower merchant fees and new pricing transparency rules. What made…

ByUjjwal MaheshwariApril 1, 20260Comments

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Ujjwal Maheshwari

Duratec (ASX: DUR) Acquires Pacific Welding Australia for A$12 Million: Is the Stock a Buy Now?

China’s Manufacturing PMI Just Hit Its Best Level in a Year: These 5 ASX Stocks Look Like Buys Right Now

KMD Brands (ASX: KMD) Crashes Over 50% After NZ$65 Million Raise at Nearly 70% Discount: Buy the Dip or Stay Away?

Northern Star (ASX: NST) Launches A$500M Buyback After 26% 12-Month Run: Buying Opportunity or Time to Take Profits?

Perenti (ASX: PRN) Rises 4% on New CEO Appointment: Should You Buy, Hold or Wait?

PEXA Group (ASX: PXA) Plunges 15% After UBS Downgrade: Buying Opportunity or a Warning Sign?

Paladin Energy (ASX: PDN) Surges 7% as Indigenous Legal Challenge Hits Patterson Lake South Uranium Project

ASX Materials Stocks Surge Nearly 5% on Iran Peace Hopes: Here’s What to Buy, Hold, and Avoid

Collins Foods (ASX:CKF) Exits Taco Bell: Is This a Buying Opportunity Before the KFC Turnaround Kicks In?

Tyro Payments (ASX:TYR) Surges on RBA Card Reforms Despite Being Down 25% This Year- Is Now the Time to Buy?

Stocks in Spotlight

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2020, the Golden Year

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Ujjwal Maheshwari

Stocks in Spotlight

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