Summary: Adani Green Energy Limited (AGEL) has incorporated five new wholly-owned subsidiaries under Adani Saur Urja (KA) Limited to expand its renewable energy portfolio in India. The move signals a strategic focus on hydro power alongside the company’s existing solar and wind assets, reinforcing its commitment to a…
Summary: HDB Financial Services Limited posted strong growth in its Assets Under Management (AUM), net interest income, and operational metrics for Q2 FY26. The company’s AUM rose 12.8% year-on-year to ₹1,11,721 crore, while net total income increased 18.4% to ₹2,851 crore. HDB Financial Services also declared an interim…
Summary: HDFC Life Insurance reported strong H1 FY26 results, with Assets Under Management (AUM) surpassing ₹5 trillion and Profit After Tax (PAT) rising 9% YoY to ₹994 crore. The company’s Annualised Premium Equivalent (APE) grew 10% YoY, while market share and persistency metrics showed stability. Despite a 2.76%…
Summary: India faces a tight silver supply, with jewellers in Mumbai halting fresh orders due to a severe physical shortage, even as global demand continues to rise. Despite a small price correction locally, analysts anticipate sustained upward pressure on silver prices driven by industrial demand, structural deficits, and…
Summary: Indian Railway Finance Corporation (IRFC) has announced its highest-ever interim dividend of ₹1.05 per share, reflecting its strong financial performance and commitment to shareholder returns. The record date for this dividend is October 24, 2025, with payments scheduled within 30 days. Alongside this, IRFC reported a Profit…
Summary: Oriental Foundry Pvt. Ltd., a wholly-owned subsidiary of Oriental Rail Infrastructure Limited (ORIL), has won a new railway order worth ₹3.16 crore from Northern Railways. The contract involves the manufacture and supply of 1,416 upgraded high-tensile centre buffer couplers, critical components for connecting freight wagons. This order…
Summary: The Securities and Exchange Board of India (SEBI) has taken decisive action against eight entities involved in insider trading in Indian Energy Exchange (IEX) shares, impounding illegal gains totaling ₹173.14 crore. The regulator’s investigation revealed that the trades were based on unpublished price-sensitive information (UPSI) related to…
Summary: KEI Industries Ltd reported its Q2 FY26 results with net profit rising 31.3% YoY to ₹204 crore, supported by strong revenue growth. However, the company missed analysts’ estimates on revenue and EBITDA margins, leading to a share price decline of up to 8%. Healthy demand in the…
Summary: Oberoi Realty Ltd reported a 29% year-on-year increase in consolidated net profit to ₹760 crore for Q2 FY26, supported by robust sales across residential and commercial segments. The company also announced a second interim dividend of ₹2 per share, highlighting strong shareholder returns amid rising input costs…
Summary: L&T Finance Limited (LTF) reported a robust Q2 FY26 performance, with profit after tax (PAT) rising 6% year-on-year to ₹735 crore. The company’s retail loan portfolio surpassed the ₹1 lakh crore milestone, supported by strong disbursements across personal loans, housing finance, and rural lending. Stable asset quality,…
