πŸ“° Latest Economy & Stock Market News
Castrol India Q4 Results: Profit rises 4% to Rs 242 cr; revenue up 9%
Updated at : 2026-04-28 18:35:03

Lubricant maker Castrol India on Tuesday reported a 4 per cent growth in its profit after tax at Rs 242 crore in the January-March quarter of 2026 compared to the same period last year.

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Punjab & Sind Bank plans Rs 3,000-cr share sale this fiscal
Updated at : 2026-04-28 18:30:02

Public sector lender Punjab & Sind Bank is eying to mobilise up to Rs 3,000 crore via share sale on a private placement basis in a bid to meet the minimum public shareholding (MPS) norms of market regulator Sebi.

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India 10-year yield at three-week peak as oil tops $110
Updated at : 2026-04-28 18:20:02

Indian government bond yields ​jumped on Tuesday, pushing ​the benchmark 10-year yield to a three-week high, after ​oil climbed above $110 a barrel on stalled U.S.-Iran peace talks, fuelling inflation and growth concerns.

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Eternal eyeing $1 billion in adjusted EBITDA by FY29, says Deepinder Goyal in shareholder letter
Updated at : 2026-04-28 17:40:02

Eternal CEO Deepinder Goyal says the company reached adjusted EBITDA profitability in FY24 after 16 years and targets $1 billion by FY29, driven by NOV growth, resilient India-first operations, and scalable ecosystems supporting millions of customers, partners, and workers nationwide.

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Stock split alert! This smallcap stock just went up 14% in two days; do you own?
Updated at : 2026-04-28 17:35:02

Air compressors-maker Kirloskar Pneumatic Company has announced a 1:2 stock split for its eligible shareholders, along with a final dividend of Rs 8.5 per share and Q4 results.

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REC Q4 Results: Cons PAT falls 22% YoY to Rs 3,375 crore, revenue declines 5%
Updated at : 2026-04-28 17:30:02

State-run REC reported a 22% year-on-year drop in Q4 profit to Rs 3,375 crore, with revenue declining 5%. Sequential performance also weakened, while expenses increased. The company maintained strong loan assets and announced a final dividend, taking total FY26 payout higher.

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9 stocks with rising promoter pledges in March '26
Updated at : 2026-04-28 17:25:02

Promoter pledges rose across several Nifty500 stocks in March 2026 quarter, signaling increased borrowing against shares, raising investor concerns over financial stress, liquidity needs, and potential downside risks if prices decline.

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Ather Energy among 9 small-cap stocks that hit 52-week highs & rallied up to 52% in a month
Updated at : 2026-04-28 17:20:02

Despite a 416-point drop in Sensex, several BSE 250 smallcap stocks hit 52-week highs, reflecting strong momentum. Companies across sectors posted sharp monthly gains, signalling investor interest and resilience.

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Market Wrap: Sensex slips 417 pts, Nifty closes below 24,000 as fading peace hopes and surging oil prices spook investors
Updated at : 2026-04-28 16:20:02

Indian stock markets, Sensex and Nifty, experienced a decline of up to 0.5% on Tuesday, reversing gains from the previous day. This downturn was triggered by renewed concerns over the US-Iran conflict, which fueled a surge in oil prices. Despite the broader market dip, Nifty Smallcap and Midcap indices showed resilience, rising by up to 0.4%.

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