ACME Solar Holdings Ltd reported a 1.5% rise in net profit to Rs 114 crore for the December quarter, driven by a significant 53.9% surge in total revenues to Rs 617 crore. The company also declared an interim dividend of Rs 0.20 per equity share and partially commissioned 72 MW of wind projects in Gujarat.Read More

Indian sovereign bonds weakened Friday due to supply concerns ahead of the final debt sale before the federal budget and rising U.S. Treasury yields. Investors await the budget’s borrowing figures and the Reserve Bank of India’s policy decision next week, with the 10-year yield hovering around 6.71%.Read More

Prestige Estates Projects Ltd has announced a significant financial achievement. The realty firm reported a nearly eight times jump in its consolidated net profit for the third quarter of this fiscal year. This surge to Rs 244.7 crore was driven by higher income. Total income also saw a sharp rise during the October-December period.Read More

Japanese government bond yields declined on Friday. Investors bought back bonds to cover earlier short positions. A strong auction for two-year bonds boosted sentiment. This indicates the market believes the Bank of Japan’s terminal rate is already priced in. Long-dated US Treasuries saw selling pressure in Asia.Read More

NTPC Green Energy Ltd, or NGEL, saw its net profit drop significantly by 74 percent in the December quarter. This decline to Rs 17.32 crore was caused by a sharp rise in expenses. Despite this, the company’s total income grew to Rs 684.22 crore. NGEL is NTPC’s arm for clean energy projects.Read More

Vodafone Idea shares surged after unveiling a Rs 45,000 crore turnaround plan, but brokerages remain divided, with targets ranging from Rs 10 to Rs 14 amid execution risks, funding concerns and uncertainty over tariff hikes and long-term debt sustainability.Read More

Muthoot Finance successfully raised $600 million through a four-and-a-half-year dollar bond offering, securing a yield of 5.75%, lower than initially anticipated. This move, aimed at funding lending operations, follows similar successful issuances last year. Analysts view the company’s fundamentals positively, anticipating further bond activity. This marks India’s third dollar bond sale this year.Read More

Hindustan Copper shares have surged 133% in two months, adding nearly Rs 41,850 crore to investor wealth. Experts note a strong uptrend and technical breakout, driven by global copper demand and company-specific growth triggers like a new mining block acquisition. While some advise caution on valuations, the overall structure remains bullish.Read More

The previous Budget reinforced the government’s commitment to capital expenditure, especially in infrastructure, defence and manufacturing. As the market heads into another Budget, expectations are more tempered. Brokerages broadly agree that the scope for a large fiscal stimulus is limited, but targeted measures could still shape sectoral performance.Read More

Indonesia Stock Exchange chief has resigned. This follows a warning from MSCI about a potential downgrade. The market experienced a significant fall. Authorities have introduced measures to address concerns. The rupiah has reached a record low. The resignation aims to improve the capital market. Investors are watching for further developments.Read More