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Shareholders, including Pantera Capital, are urging UK Bitcoin accumulator Satsuma Technology Plc to sell its $50 million in Bitcoin and wind down operations. This push highlights the decline of the once-popular digital-asset treasury model, as Satsuma’s stock price has plummeted, reflecting the evaporation of valuation premiums.
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Hindustan Zinc Q4 Results: The Vedanta arm reported Q4 revenue of Rs 13,544 crore, up 49% from Rs 9,087 crore posted in the corresponding quarter of the previous financial year.
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Adani Green Q4 Results: Adani Green Energy announced impressive financial results for the March quarter. Net profit surged by 34.3% year-on-year. Revenue from operations also saw a healthy 16% jump, fueled by the addition of 5.1 GW of new capacity. The company’s operational capacity expanded significantly, reaching 19.3 GW.
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Despite relative resilience in the broader smallcap index, several individual stocks have witnessed sharp corrections in CY26, falling up to 45%. The divergence highlights underlying weakness in select counters even as a few outperformers deliver strong gains, pointing to a highly stock-specific market environment.
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Shriram Finance announced a strong financial performance for the March quarter. The company’s standalone net profit surged 41% year-on-year to Rs 3,014 crore. Net Interest Income also saw a healthy increase. The NBFC recommended a final dividend of Rs 6 per share, bringing the total for FY26 to Rs 10.80 per share. Assets under Management grew by 15%.
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