RBL Bank shares fell despite a strong Q4FY26, where net profit tripled to Rs 230 crore. The decline came as margins weakened, with NIM slipping to a five-quarter low, even as NII and operating profit posted moderate growth.Read More
Varun Beverages, a Pepsi bottler, announced a strong performance for the March quarter. The company’s net profit saw a significant 20% year-on-year increase. Alongside these results, Varun Beverages declared an interim dividend for the fiscal year 2026. The record date for this dividend has been set for May 1, 2026.Read More
The RBI has cancelled Paytm Payments Bank’s license. This formal step concludes a process that began in 2022. The winding-down process is now underway. However, your Paytm app and its payment services are a separate entity and will continue to function. This is because they operate under a different license. Depositors and wallet users will be repaid.Read More
Indian markets are stabilizing as earnings season unfolds. Early IT sector results have lowered expectations. The market is now shifting focus to broader sectors and domestic growth themes. Investors are looking at mid and smallcap companies. Power, infrastructure, and autos are key areas of interest. Financials also present opportunities. The market is expected to consolidate in the near term.Read More
Shares of Shriram Finance fell nearly 4% on Monday despite strong Q4 FY26 results, including a 41% profit surge and healthy AUM growth. Global and domestic brokerages such as Nomura, JM Financial and Motilal Oswal Financial Services maintained ‘Buy’ calls, citing resilient fundamentals and robust medium-term growth prospects.Read More
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