Newsroom
Company and market developments, organized by impact.
NIFTY closes above 24,850 as IT leads; banks lag
Broad-based advance led by technology names; NIFTY IT gained 0.86% while NIFTY BANK slipped 0.21% on profit-taking in private lenders.
ICRA Q1 FY26 revenue up 4.9% YoY, margins hold above 50%
Bank loan ratings momentum continues; ROCE improves to 35.8%. Management reiterates mid-single-digit growth outlook.
PGHH falls 2.8% as organic growth slows to 3.1%
Volume decline and margin contraction prompt brokerages to trim targets; stock breaks below 50-DMA on 2.3× average volumes.
CRISIL analytics revenue jumps 16% on global risk wins
Multi-year contracts in risk solutions improve revenue visibility; two brokerages upgrade citing valuation disconnect.
SEBI tightens disclosure norms for SME IPOs
Regulator mandates promoter lock-in extensions and enhanced financial disclosures; merchant bankers given 90 days to comply.
HUL volumes hit six-quarter high of +3.1%
Premium segments outperform with liquids and personal care leading; gross margin expands 40 bps on benign input costs.
TCS margin hits eight-quarter high of 24.8%
Utilisation gains and attrition at 12.1% drive profitability; GenAI engagements double quarter-on-quarter.
RBI holds repo rate at 6.5%; stance unchanged
Central bank flags food inflation risks but retains growth support; bond yields ease 4 bps post-policy.
ITC FMCG volumes accelerate to +4% in Q1 FY26
Staples lead rural recovery; paperboards exports stabilise as global prices find a floor.
Reliance Retail growth slows to 4.1% — lowest in five years
Management cites urban consumption moderation; O2C recovery and Jio ARPU gains partially offset the miss.