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Despite a weak broader market, six PSU bank stocks—SBI, PNB, Bank of Baroda, Canara Bank, Indian Bank, and Bank of India hit fresh 52-week highs. Analysts expect up to $4 billion in FII inflows if the government raises the investment cap for foreign investors.
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Indian markets closed lower amid profit-taking in consumer and IT stocks, though metals and PSU banks gained on optimism over U.S.-China trade progress and potential FII limit hike.
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Adani Green Q2 Results: Adani Green more than doubled its profit year-on-year in the second quarter to Rs 583 crore. The bottomline rose 111% from Rs 276 crore posted in the last year quarter. Total income during the quarter, however, fell 4% YoY to Rs 3,249 crore.
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Signature Global raised Rs 875 crore through NCDs from IFC, using over half to retire debt and the rest for Sohna land acquisition. The A+ rated NCDs mark its first listed debt issue, reflecting strong ESG focus and sustainable growth plans.
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Skills and talent development firm NIIT Ltd on Tuesday posted 88.4 per cent decline in consolidated net profit at Rs 1.37 crore for September quarter FY26, although revenues rose by 15.6 per cent.
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