Tata Steel is likely to post a sharp rebound in profit for Q2 FY26, aided by lower input costs and higher domestic volumes, even as steel prices remain weak. Analysts expect a 2% rise in revenue and nearly 270% jump in profit year-on-year, driven by India operations offsetting European weakness.Read More
Suzlon Energy’s stock has stalled, slipping 30% from its peak despite soaring profits and a moderated P/E ratio. The company reported record Q2FY26 results with PAT surging 538% YoY, yet shares remain range-bound, underperforming benchmarks. Experts suggest the stock is fully priced, with limited upside potential in the short to medium term.Read More
The Indian rupee saw a slight appreciation, gaining 6 paise to trade at 88.67 against the US dollar. This rise was bolstered by a weaker dollar and positive global developments, including progress on a US shutdown bill and optimism surrounding a potential US-India trade deal.Read More
Indian government bonds held steady as traders awaited state debt supply and watched for a potential trade deal with the US. Hopes for a US-India agreement are tempering market sentiment, with a trader noting its impact on the central bank’s rate easing.Read More
Aequs Ltd has secured approximately Rs 144 crore in a pre-IPO funding round from SBI Funds Management, DSP India Fund, and Think India Opportunities Fund. This capital infusion reduces the fresh issue size of its upcoming IPO to around Rs 576 crore. The funds will be utilized for loan repayment, machinery acquisition, and strategic growth initiatives.Read More
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