Market News

Reportedly, Blackstone Inc. is exploring a $500 Mn Mumbai IPO for PGP Glass Pvt., seeking a valuation of up to $4 billion. Learn more about the glass packaging specialist, serving global cosmetics and pharma sectors.

Tata Communications has reported a strong Q3 FY2026, with profit rising by 55% to ₹365 crore. This is mainly due to the rise in data revenues and a good order book. However, the margins did face mild pressure, but the shift toward digital and cloud services is clearly strengthening long-term growth.

Dhanlaxmi Bank’s Q3 FY26 results showed a 20.3% YoY rise in net profit to ₹23.88 crore, supported by higher interest income and improved total income. Asset quality improved with GNPA at 2.36%, while capital adequacy remained strong at 17.19%, though the stock traded lower by 1–1.5% after the results.

Digilogic Systems’ IPO has witnessed a cautious response, reaching a cumulative subscription of 0.45x by the end of Day 2. With the issue closing on January 22, learn more about the defence tech firm IPO Day-Wise update.

Bajaj Electricals surged 11% after announcing its entry into the wires segment, but rising competition could shape how far the rally runs. Read more here.

Arohan Financial Services is planning a ₹1,500 crore IPO as microfinance conditions improve and the lender gears up for its next growth phase. Read more to know how the issue is structured and what lies ahead for the company.

ITC Hotels reported a 77% sequential increase in profit after tax to ₹235.13 crore for the December quarter, along with a sharp rise in revenue from the previous quarter. The results also include a one-time exceptional charge related to the implementation of new Labour Codes, as disclosed in the company’s regulatory filing.

Shares of Indian Energy Exchange extended losses ahead of a fresh APTEL hearing on market coupling, as regulatory uncertainty continued to weigh on sentiment.

Domestic copper prices slipped on the MCX, tracking mixed global cues as traders stayed cautious after last year’s sharp rally.

As Budget 2026 approaches, India’s real estate sector faces a critical test: addressing a widening affordability crisis while building greener cities. Can tax reliefs, funding support, and sustainability incentives realign housing with incomes and future-ready urban growth?

As Budget 2026 is coming near, the investors await clarity on capital gains due to recent hikes, dented returns and sentiment. Is the Government going to ease the equity taxation to revive the participation or it will stick to fiscal discipline amid volatility.