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Chalet Hotels on Wednesday announced the launch of ATHIVA Hotels & Resorts, debuting across six properties with over 900 keys and a capex of around Rs 1,500 crore.
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Mutual funds added 19 stocks to over 20 portfolios in September 2025, reflecting strong equity confidence. ETMarkets analysis shows top picks like Force Motors, L&T Finance, and Maruti Suzuki delivered double-digit gains, with one stock soaring 155% this year.
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HDB Financial Services Q2 Results: HDB Financial reported a marginal 2% drop in net profit to Rs 581 crore for the July-September quarter, despite a 13% increase in revenue to Rs 4,545 crore. Net interest income rose 20% YoY to Rs 2,192 crore, supported by higher yields and efficient funding. The company’s gross loan book...
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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.
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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.
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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.
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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%.
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The Indian rupee soared to post its best one-day gain in nearly four months on Wednesday, powered by firm central bank intervention supporting the currency while traders also cited unwinding of bearish wagers on the currency.
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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.
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Specialty chemicals manufacturer Prasol Chemicals has filed preliminary papers with capital markets regulator Sebi to raise Rs 500 crore through an initial public offering (IPO).
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