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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)

728 articles published

Energy Stocks

Viva Energy (ASX:VEA) A$2.53 trading halt lifts as Geelong fire cuts 10% of Australia’s fuel

Viva Energy Halt Ends After Geelong Refinery Fire Viva Energy (ASX:VEA) shares returned to trade this morning after four days in a halt, following the big fire at its Geelong refinery on the night of 15 April. The stock was frozen at A$2.53, having been up more than 20% for the year before the incident.…

ByUjjwal MaheshwariApril 20, 20260Comments

Industrials

NRW Holdings (ASX:NWH) Fredon Wins A$160m, Validating the A$200m Acquisition in Six Months

NRW Holdings Rises on A$160m Fredon Wins NRW Holdings (ASX:NWH) shares rose 2.18% on Friday to close at A$6.10, now up around 145% over the past 12 months. The move followed news that Fredon, NRW's subsidiary, won about A$160 million in new contracts across Australia. The real story for investors is not the contract size.…

ByUjjwal MaheshwariApril 18, 20260Comments

Energy Stocks

Amplitude Energy (ASX:AEL) Locks In 20PJ Gas Supply Deal With AGL Through 2032

Amplitude Energy signs long-term gas deal with AGL Amplitude Energy (ASX:AEL) shares jumped as much as 6% on Friday before closing up 1.45% at A$1.74 after the gas producer signed a binding long-term supply deal with AGL Energy. Under the agreement, Amplitude will sell 20 petajoules (PJ) of gas to AGL over four years, with…

ByUjjwal MaheshwariApril 18, 20260Comments

Financials

Zip Co (ASX:ZIP) upgrades FY26 EBTDA guidance to A$260m on record quarterly profit

Zip Co's Record Profit Drives FY26 Guidance Upgrade Zip Co (ASX:ZIP) shares jumped as much as 24% on Friday before closing 13.66% higher at A$2.33. The move came after the buy now, pay later (BNPL) company delivered a record third quarter and raised its full-year profit outlook. Management now expects FY26 group cash EBTDA of…

ByUjjwal MaheshwariApril 18, 20260Comments

Mining Stocks

PLS Group (ASX:PLS) Hits Record High on US$600M Notes: Buy, Hold, or Sell?

PLS Group Hits Record High: What’s Next for Investors? PLS Group (ASX:PLS), formerly known as Pilbara Minerals, extended its run to a fresh all-time high of A$6.04 on Friday, 17 April, gaining another 5.78% on the session. The catalyst was the company's successful pricing of US$600M in senior notes due 2031, upsized from the originally…

ByUjjwal MaheshwariApril 18, 20260Comments

Mining Stocks

Genesis Minerals (ASX:GMD) Production Falls 9.1% But Cash Surges 49% to A$600M

Genesis Minerals Cash Surges Despite Production Dip Genesis Minerals (ASX:GMD) shares slipped 1.5% to A$6.67 on Thursday as the market digested the production dip alongside the massive cash generation. The headline numbers look contradictory at first. Production fell 9.1% from the prior quarter. Yet the company's cash balance climbed almost A$200 million to reach A$599.9…

ByUjjwal MaheshwariApril 17, 20260Comments

Mining Stocks

Is Ora Banda (ASX:OBM) a Buy After 21% Production Jump and A$231M Cash Pile?

Ora Banda Jumps on Record Gold Output Ora Banda Mining (ASX:OBM) jumped more than 10% on 16 April after delivering its strongest quarterly result to date. The March 2026 quarter showed a 21% jump in gold production, a record cash balance of A$231.7 million, and free cash flow of A$76.3 million. For investors watching this…

ByUjjwal MaheshwariApril 17, 20260Comments

Defence Stocks

Duratec (ASX:DUR) Wins A$281m AUKUS Contract- Is This Defence Small Cap a Buy?

Duratec Secures Major AUKUS Wharf Contract Duratec (ASX:DUR) landed the biggest contract in its history. The Department of Defence has awarded the Duratec Ertech Joint Venture a A$281m deal to upgrade the Diamantina Wharf at HMAS Stirling in Western Australia. Shares jumped 6.37% on Wednesday following the announcement, before settling at A$2.82 as investors took…

ByUjjwal MaheshwariApril 17, 20260Comments

Mining Stocks

BHP (ASX:BHP) Surges as China Ends Six-Month Iron Ore Ban After CEO Visit: Buy or Wait?

BHP Gains as China Lifts Six-Month Iron Ore Ban BHP (ASX:BHP) climbed roughly 3% on Tuesday, 14 April, one of the stronger performers on the ASX 200, after China's state-backed iron ore buyer CMRG told domestic steel mills they were free to purchase BHP cargoes again. The news ends a six-month standoff that had progressively…

ByUjjwal MaheshwariApril 16, 20260Comments

Mining Stocks

Yancoal (ASX:YAL) Falls After Signing US$2.4bn Kestrel Deal: Buy the Dip or Wait?

Yancoal's US$2.4bn Kestrel Deal: Opportunity or Risk? Yancoal (ASX:YAL) dropped 2.35% to A$7.06 on Wednesday, falling from a previous close of A$7.23, after the company announced a binding agreement to acquire 100% of Kestrel Coal Group, which holds an 80% stake in the Kestrel Coal Mine in Queensland for up to US$2.4 billion (approximately A$3.4…

ByUjjwal MaheshwariApril 16, 20260Comments