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Maruti Suzuki India Limited is expected to post strong Q4FY26 revenue growth of up to 30% YoY, driven by higher volumes and improved realisations. However, brokerages remain divided on profitability, with estimates for net profit varying widely due to cost pressures and higher depreciation impacting margins.
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Shares of One MobiKwik Systems surged 12% on Monday after receiving the Reserve Bank of India’s approval for an NBFC licence, enabling it to launch direct lending operations. The move marks a key step in its transition to a full-stack fintech platform, boosting growth and margin potential.
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Cathie Wood sold over $74 million in Advanced Micro Devices shares after a sharp rally, while buying Amazon stock. Despite outflows from ARK ETFs, she remains bullish on innovation and dismissed concerns about an AI-driven market bubble forming soon.
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IDFC First Bank’s CEO V Vaidyanathan stated that the deliberate slowdown in deposit growth during Q4 was temporary and already reversing, with April data showing strong momentum. He expressed confidence in achieving 20% annual deposit growth in FY27, alongside lower credit costs and controlled operating expenses, indicating a robust financial outlook.
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Pakistan’s central bank ​raised its key policy ​rate by 100 basis points ​to 11.5% on Monday, its first hike in almost three years, as rising oil prices ‌from the Iran-U.S. ⁠war ⁠threatened to push inflation higher in the import-dependent ​nation.
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