Restaurant Brands International reported fourth-quarter sales above estimates on Thursday, driven by strength in its international Burger King outlets, even as it tackles stiff competition for its value menus and higher commodity costs in the United States.
Infosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street.
Bharat Forge on Thursday posted a 28 per cent increase in its consolidated net profit to Rs 273 crore for the third quarter ended December 2025.
Coal India Q3 results: State-owned Coal India on Thursday reported a 16% year-on-year (YoY) decline in its consolidated net profit at Rs 7,166 crore in the third quarter. The company has declared third interim dividend at Rs 5.5 per share for the financial year 2026.
The National Stock Exchange of India on Thursday said that it has appointed Rothschild & Co as an independent advisor to oversee its long-awaited initial public offering.
The rupee appreciated 17 paise to settle for the day at 90.61 (provisional) against the US dollar on Thursday, as foreign fund investments lifted investor sentiments.
Mamaearth Q3 Results: Honasa Consumer posted a strong Q3, with net profit surging 93% YoY to Rs 50 crore. Sequential growth remained healthy, while like-for-like revenue hit a record high. Younger brands scaled rapidly, offline reach expanded, and product innovation continued to drive momentum for the company in the period under review.
Four commodity stocks SAIL, Sharda Cropchem, Jindal Steel and JSW Steel hit fresh 52-week highs, rallying up to 55% in just one month despite a weak broader market.
Indian benchmark indices closed lower on Thursday, dragged by heavy selling in IT stocks. Nifty and Sensex fell amid AI disruption concerns and fading US rate-cut hopes. Coforge, TCS and Infosys led losses, while Lenskart and Hindustan Copper gained on strong triggers.
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