IIFL Finance plans a retail bond issuance of Rs 2,000 crore next week to support its business growth that more than doubled in a year, backed by a spurt in lending against gold jewellery.
Managed workspace solutions provider IndiQube Spaces Ltd reported a sharp rise in profitability in the December quarter, with profit after tax (PAT) surging 214% year-on-year to ₹40 crore, driven by strong enterprise demand, rising occupancy and expansion across new markets.
India’s leading hospital chain Apollo Hospitals reported a 35% increase in third quarter net profit to Rs 502 crore compared to the same period last year, while consolidated revenue grew 17% YoY to Rs 6,477 crore. Its EBITDA grew 27% to Rs 965 crore, the company said in a filing to the stock exchanges on Wednesday.
S&P Global forecast 2026 profit below Wall Street expectations on Tuesday, with growing investor unease over AI-driven disruption sweeping through the software and services sector pushing its shares to their lowest in over two years.
Nifty closed higher for the third session, supported by auto and metal stocks, while trading sideways. Technical indicators signal improving momentum. Analysts expect a sideways-to-positive trend and recommend HDFC AMC, Grasim Industries, Eternal and Gabriel India for short-term gains.
Sensex closed higher as four index heavyweights hit 52-week highs, signalling bullish momentum. Tata Steel, SBI, UltraTech Cement and Titan Company rallied strongly, reflecting sustained buying interest, sector leadership and expectations of further upside amid broader market strength ahead now.
Several non-financial Nifty500 companies posted over 50% year-on-year sales growth in the December 2025 quarter. Metals, energy, real estate, engineering and new-age companies led gains, highlighting robust operating momentum while raising questions on sustainability ahead.
Ferrari on Tuesday forecast at least a 6% rise in core earnings in 2026, supported by new models, and posted fourth-quarter 2025 results that beat analyst expectations, lifting its share price by 8%.
BHEL stake sale: The government will sell 3% stake representing over 10.44 crore shares in Bharat Heavy Electricals Limited (BHEL) via an offer for sale (OFS). The defence PSU has set the floor price at Rs 254 per share.
Marquee investors Mukul Agrawal and Sunil Singhania-backed India Ahead Venture Fund acquired minority stakes in YAAP Digital, endorsing its AI-led marketing intelligence platform, ahead of the company’s proposed IPO and expanding investor interest in data-driven performance marketing businesses globally today.
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