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Kotak Mahindra Bank delivered strong Q4 results with unexpected margin expansion and declining credit costs. While management anticipates flattish margins ahead due to rising deposit rates, analysts believe growth in unsecured lending and CASA deposits, along with operating leverage and fee income recovery, can sustain a strong return on assets.
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Actor-turned-politician C Joseph Vijay’s Tamilaga Vettri Kazhagam (TVK) is poised to disrupt Tamil Nadu’s long-standing Dravidian party dominance, leading in 108 seats. This unexpected surge has sent shockwaves through the political landscape, impacting established players like the DMK and AIADMK. Sun TV Network shares saw a significant dip amid these electoral trends.
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Ather Energy Q4 Results: The company’s revenue from operations came in at Rs 1,175 crore, an impressive jump of 74% from Rs 676 crore reported in the corresponding quarter of the previous financial year, the company said in a regulatory filing.
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Retail investors are showing confidence in Eternal, a food delivery and quick commerce firm. They are buying its shares on price dips, undeterred by a high valuation. This trend continues for the second quarter. Meanwhile, mutual funds are increasing their holdings, while foreign institutional investors are reducing theirs. The company has reported strong revenue growth and improved profitability.
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Avenue Supermarts shares fell on Monday. The company reported a 19% rise in net profit and revenue for the March quarter of FY26. It also added 58 new stores, crossing the 500 DMart store milestone. Experts offer mixed views. Morgan Stanley and Motilal Oswal maintain positive ratings, citing store expansion and improving trends.
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