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Avenue Supermarts reports a 15.5% year-on-year revenue growth to ₹16,676 crore for Q2 FY26, though profit margins face pressure amid expansion and rising costs.
ITC Ltd. lost nearly $7 billion in market value after the Indian government announced a steep excise duty hike on cigarettes, triggering multiple brokerage downgrades.
Adani Enterprises is set to raise ₹1,000 crore through a public issue of non-convertible debentures opening January 6, 2026, offering yields up to 8.90%.
Marico Ltd. announced high-twenties revenue growth for Q3 FY26, driven by strong international performance and high-single-digit volume growth in its India business.
Indian equity benchmarks Sensex and Nifty surged to new record highs, driven by strong buying in banking, auto, and financial stocks amid positive global cues.
The Nifty 50 index reached a new all-time high of 26,340, driven by strong gains in financial and metal stocks amid a positive corporate earnings outlook.
Indian benchmark indices Sensex and Nifty touched fresh all-time highs before paring gains to close flat, driven by global cues and sector-specific profit-taking.
Indian equity benchmarks Nifty 50 and Sensex surged to fresh lifetime highs, driven by broad-based buying and positive sector-specific developments across the market.
The Bank Nifty index surged to a new all-time high above 60,000, driven by strong third-quarter business updates and broad-based buying in banking stocks.
Apollo Micro Systems has been declared the lowest bidder for a Rs 25.79 crore contract from a Defence PSU, extending its recent streak of significant order wins.
Devyani International and Sapphire Foods have announced a merger to create India's largest quick-service restaurant operator, consolidating KFC and Pizza Hut franchises under a single entity.
Olectra Greentech shares surged after the company announced its new greenfield EV manufacturing facility in Hyderabad has begun commercial operations with an initial capacity.
Maruti Suzuki India reported record-breaking performance in 2025, selling 2.35 million vehicles and achieving its highest-ever exports of 395,648 units, a 21% year-on-year growth.
Kotak Institutional Equities initiates coverage on Smartworks with a 'Buy' rating and a ₹600 price target, citing its market leadership and strong growth projections.
Brokerage firms downgrade ITC and slash price targets after the government's unexpectedly steep hike in cigarette excise duty rattles investors and clouds the earnings outlook.
Devyani International and Sapphire Foods have announced a merger effective April 1, 2026, creating one of India's largest QSR operators under a share-swap agreement.