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Realty firm Embassy Office Parks REIT on Monday announced distribution of Rs 616 crore to unitholders for the March quarter, taking the total figures to Rs 2,396 crore during the last fiscal year.
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Venture capital firm Peak XV Partners has exited Indian fintech One MobiKwik Systems. The firm sold its stake for over Rs 130 crore. This exit follows One MobiKwik’s significant milestone. The Reserve Bank of India approved its application for a Non-Banking Financial Company license. This approval allows the company to launch a new lending arm.
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Mutual funds increased holdings in 102 BSE smallcap stocks over four quarters, many delivering strong gains, including multiple multibaggers, highlighting institutional buying alongside significant price appreciation across select companies.
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Tata Steel shares surged to a new record high on Tuesday. This rise followed the Odisha High Court’s decision to quash state government demand notices totaling nearly Rs 4,314 crore. The company had contested these notices related to its Sukinda Chromite Block.
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Market expert Sandip Sabharwal maintains a constructive long-term outlook but stresses selectivity due to near-term risks like rising input costs and competition. He favors midcaps and selective smallcaps, seeing opportunities in consumer durables, while cautioning on financials and quick commerce. Large pharma deals require careful integration and valuation assessment.
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Varun Beverages shares extended gains after strong Q1 CY2026 results, with double-digit growth in profit, revenue, and volumes. Brokerages remain bullish, citing robust demand, margin resilience, and growth from international markets, while competition and input costs remain key monitorables for the company.
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Ray Dalio warns of a shifting global order marked by rising geopolitical tensions, high debt, and stagflation risks, urging investors to diversify portfolios, hedge with gold, and prepare for long-term structural economic change.
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Geopolitical shifts in West Asia will alter global energy routes for years. Oil prices may stay high. Equity markets are climbing on artificial intelligence hype, not strong company profits. Investors are advised to reduce US stock holdings. Asian markets show better performance. This situation points to long-term structural changes in energy and markets.
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Sun Pharmaceutical Industries’ shares surged nearly 9% after announcing the $11.75 billion acquisition of Organon & Co., a global leader in women’s health. The deal diversifies Sun Pharma’s portfolio into women’s health and biosimilars, with analysts from Morgan Stanley and Motilal Oswal expressing bullish sentiment, while JM Financial remains cautious about long-term value creation.
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