Paytm upgraded to ‘Buy’ by Axis Capital as credit-linked payments, stabilising merchant revenue, and tight cost control drive growth; FY27–28 EBITDA estimates raised 33–46%, with a Rs 1,500 price target implying 20% upside amid robust digital finance expansion.Read More
HDFC AMC announces its first-ever 1:1 bonus issue, doubling shareholders’ equity and enhancing stock liquidity. The move rewards long-term investors. The company posted a 24.6% YoY rise in Q2 FY26 net profit to Rs 718.43 crore in earnings announced on Wednesday.Read More
Axis Bank Q2 Results: Axis Bank’s standalone net profit experienced a significant 25% year-on-year decline, falling to Rs 5,090 crore in the second quarter. This decrease occurred despite a marginal 2% rise in net interest income, which reached Rs 13,744 crore during the same period.Read More
HDFC Life Q2 Results: HDFC Life Insurance Company announced its Q2 results. Net profit saw a 3% year-on-year increase to Rs 448 crore. Net premium income grew by 14% to Rs 18,871 crore. The company also reported strong performance in its first half results, with profit after tax rising 9%.Read More
Indian stock markets saw a strong rebound on Wednesday. The Sensex and Nifty both climbed, ending a two-day losing streak. Investors showed renewed confidence. This optimism was fueled by expectations of a U.S. Federal Reserve interest rate cut. Hopes for a corporate earnings rebound also boosted market sentiment. The Sensex closed higher by 575 points.Read More
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