Indian Oil Corporation Ltd reported a strong operational performance for FY26, with multiple segments delivering record volumes, led by refining, pipelines and marketing businesses. The company said its refineries achieved the highest-ever crude throughput of 75.4 million metric tonnes (MMT), supported by an operational reliability of 99.5%. Pipeline throughput also touched a record 105.3 MMT…
Stocks in focus This shift could also affect listed insurance and fintech companies. Investors will closely track stocks such as PB Fintech, ICICI Lombard, Go Digit and Star Health, as the new model may impact their business and margins. Bima Sugam is expected to drive a major transition toward digital, low-cost insurance, offering customers more…
State-run miner NMDC reported a sharp rise in iron ore production and sales for March, with output and dispatches recording strong year-on-year growth, according to provisional data released by the company. Total iron ore production for March stood at 5.35 million tonnes (mt), marking a 51% increase compared with 3.55 mt in the same month…
Drugmaker Lupin Ltd said its arm will acquire a 43.38% stake in Multicare Pharmaceuticals Philippines, Inc. (MPPI) in a deal valued at up to US $39.6 million, as it moves to strengthen its presence in the Philippines market. The acquisition will be carried out by Nanomi B.V., the Netherlands-based wholly owned subsidiary of Lupin, which…
In the holiday-shortened past week, gold futures for the June contract increased ₹2,425, or 1.65%, while silver for May delivery appreciated ₹4,541, or 2%, on the Multi Commodity Exchange. Brokerage firm Choice Broking said gold and silver prices staged a recovery after three consecutive weeks of decline, supported by a combination of macroeconomic and geopolitical…
Shares of Avenue Supermarts, which operates DMart stores, reported a strong operational update for Q4 FY26, driven by steady revenue growth and aggressive store expansion. The company reported a standalone revenue from operations of ₹17,204.50 Cr for the quarter ended March 31, 2026, marking an 18.9% year-on-year (YoY) increase from ₹14,462.39 crore in the corresponding…
NSE IPO: A total of 38 companies, including SBI Funds Management and Manipal Health Enterprises, filed preliminary IPO documents with SEBI in March 2026. This signals growing confidence among issuers — a trend to which regulatory timelines have also contributed. This marks a sharp jump from 22 filings in March 2025 and 16 in March…
Axis Bank reported a strong 18.4% year-on-year (YoY) growth in Gross Advances, reaching ₹12.44 lakh crore, compared to ₹10.51 lakh crore in the same period last year, along with a steady 6.3% sequential growth. The bank’s Total Deposits climbed 13.9% YoY to ₹13,35,800 crore. Axis Bank’s CASA (Current Account Savings Account) deposits, which grew 10.6%…
Sensex Prediction for Tomorrow by experts: As trading resumes on Monday, market experts are painting a picture of ‘cautious optimism’. Following a massive 2,000-point intraday swing, technical analysts are zeroing in on a narrow corridor that will define the next leg of the Sensex. No stock data available Sensex Prediction for Monday, April 6 by…
Goldman sees stabilisation without recession or inflation spiral. (Image: File) West Asia conflict: The ongoing conflict in Iran and the surge in oil prices pose a risk to traditional balanced portfolios — even though losses have remained limited thus far, according to Goldman Sachs Research. According to Christian Mueller-Glissmann, head of asset allocation in Goldman…
