Market News

UBL Ltd reported Q3 profit falling 43% to ₹490 crore due to a high base in the prior year. The earnings decline reflects weaker margins and industry challenges, leading to a notable drop in net profit for the quarter.

The government is considering a stake sale in LIC through a Follow-on Public Offer (FPO) in the next financial year to raise funds and enhance stock liquidity. This move follows earlier divestment steps and aims to broaden public ownership while supporting fiscal goals.

Power Grid's share price increased by 7% after the PSU increased its FY26 capex guidance to ₹32,000 crore. The market responded to the optimism surrounding greater growth potential, stronger execution visibility, and an attainable borrowing plan, reflecting market expectations of rapid additions to the company’s assets and medium-term growth in earnings.

Bajaj Housing Finance reported a 21% YoY rise in Q3 profit to ₹665 crore, driven by a 15% increase in net interest income and strong loan growth. The results show better asset quality together with high profit margins, which help the housing finance company to maintain its earnings growth.

US President Donald Trump has announced Project Vault. It is a $12 billion plan to create a strategic stockpile of critical minerals, backed by a $10 billion EXIM Bank loan and $2 billion in private funding.

The US has reduced tariffs on Indian goods from 25 per cent to 18 per cent, a move announced by President Donald Trump and welcomed by Prime Minister Narendra Modi.

Ather Energy achieved its best Q3 due to festive season demand with record delivery numbers. The company achieved better financial results through increased operational volume, enhanced profit margins, and reduced operational expenses, but the ongoing market competition together with its need for funding made it uncertain whether this progress would become a permanent business recovery.

RailTel’s Q3 earnings reveal a narrative of strong sales momentum but falling margins, as rising costs cut into profitability. While short-term pressure persists, good nine-month growth and a large order book keep the long-term story intact.

Fractal Analytics is coming up with a blockbuster IPO, raising ₹2,833.9 crore. With global high revenue, a sharp profit turnaround and renowned investors, this listing is worth watching closely.

Post-Budget 2026, how your gold or silver is held matters as much as how it performs, with different tax rules for SGBs, ETFs, digital and physical metals. Changes to exemptions, holding periods and entry routes can sharply alter final returns, turning tax structure into a key part of the investment decision.

Hyundai Motor India saw a 6.35% increase in after-tax profit, reaching ₹1,234.4 crore in the December quarter. This growth was aided by strong demand within India and better operational performance. Even with margin pressure and market competition, these results show the company’s steady yield profile and continued relevance in India’s passenger vehicle market.

A Boeing 787-8 operated by Air India has been grounded after a pilot reported a possible fault in a cockpit fuel control switch, a critical component governing engine fuel flow. The development has drawn regulatory attention, resurfacing concerns around these switches after last year’s fatal Dreamliner crash in India.