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Canara Bank reported an 18.7% year-on-year rise in standalone net profit to Rs 4,773.96 crore for Q2FY26, supported by strong growth in operating profit and improved asset quality. Global business expanded 13.55% YoY, while gross NPAs fell to 2.35% and ROA improved to 1.12%, reflecting robust operational efficiency.
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Gold loan players like Muthoot Finance are expected to see continued growth despite gold price fluctuations, driven by market leadership and internal productivity. Analysts see a robust outlook for NBFCs, with rate cuts and GST simplifications benefiting consumer and gold financiers. The microfinance sector is also showing signs of a turnaround, with improving asset quality...
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Adani Power Q2 Results: Adani Power’s Q2 net profit dipped 11% YoY to Rs 2,953 crore, despite a slight revenue increase. The company cited lower pre-tax profit and higher taxes for the decline. However, robust operating performance was driven by higher volumes, though tempered by lower tariffs. Adani Power is expanding capacity, aiming for 42...
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Singapore-based conglomerate Keppel reported a 25% rise in net profit for the first nine months of 2025 on Thursday, aided by strong earnings growth across all its three business segments and higher recurring income.
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Realty firm Shriram Properties Ltd has partnered with a landowner to develop a Rs 700 crore housing project in Pune.
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Groww’s upcoming IPO is drawing strong interest, with a grey market premium of ₹10.5 indicating potential listing gains of around 10%. The fintech’s debut could value it at nearly ₹70,400 crore ($8 billion).
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Anshul Saigal of Saigal Capital sees strong multi-sector tailwinds in India’s markets, driven by infrastructure revival, renewable energy, and pharma growth. Despite SEBI’s proposed AMC fee cuts, he believes long-term wealth creation remains intact. Saigal expects cement, metals, and CDMO pharma to outperform, marking the start of India’s next major investment cycle.
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Cipla Q2 Results: EBITDA for the second quarter improved by a marginal 0.5% YoY to Rs 1,895 crore. Margins came in at 25%.
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Shares of Vijay Kedia-backed Vaibhav Global surged 13% after the company posted strong Q2 FY26 results, driven by 10% revenue growth, a 71% jump in profit, and margin expansion to 10%. Robust digital sales, higher in-house brand contribution, and a strong balance sheet underpinned performance. The stock has gained nearly 30% in the past month.
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Hyundai Motor India is expected to report a modest Q2 FY26 performance, with profit rising around 10% YoY and revenue remaining largely flat. Brokerages project margin expansion driven by higher SUV sales, cost control, and export growth, even as domestic demand stays soft. The Creta and Venue are expected to anchor profitability amid rising competition.
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