Bank of India has announced new bond offerings with annual interest rates ranging from 7.1% to 8.6%. These bonds will mature between 2024 and 2035, including perpetual bonds, with individual issuances valued between 15-50 billion INR per ISIN.
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Smartworks is growing by adding more office spaces in various cities catering to Forbes 2000 companies. This expansion aims to generate over ₹155 crore in rental income, with an additional 5,000+ seats becoming available.
Trent reported a 20% increase in Q4 revenue to ₹4,937 crore compared to the previous year, marking an 18% growth in FY26 revenues overall. The surge was driven by a 21% boost in merchandise sales and an expansion of its store network, which now includes 1,286 stores under brands like Westside and Zudio.
Hi-Tech Pipes surpassed records with a 27% year-on-year increase in Q4 FY26 sales volume, marking an impressive 1,47,125 MT sold – an 8% improvement compared to the previous quarter.
According to the latest filings, Skipper Ltd's promoters own approximately 7.5 million shares as of March 31, 2026, with no liens or obligations on these shares reported during the fiscal year 2025-26, as per SEBI SAST regulations disclosure.
Orchid Pharma's credit rating has been lowered by CARE Ratings to BBB-, while maintaining a stable outlook. The short-term ratings remain at A2. Previous ratings were under review, but have now been reaffirmed.
In the fourth quarter of FY26, Bank of India's global business increased by 14.5%, reaching ₹16.98 Lakh Crore, with deposits growing by 13.6% and advances rising by 15.7%. The surge in RAM advances, amounting to ₹3.82 Lakh Crore, indicates a significant 18.6% year-on-year growth due to robust credit expansion and deposit accumulation.
Saravana Stocks Investment Pvt. Ltd. has offloaded 2.5 million shares of Coffee Day, with each share priced at ₹22.6 on the National Stock Exchange.
HSBC adjusts target prices for Indian banks due to escalating Iran conflict risks and mounting asset pressures. Major players like HDFC Bank, ICICI, Axis, SBI, Bajaj Finance face reduced targets, while LIC Housing is identified as a defensive choice amid these uncertainties.
Anand Rathi Financial Services has pledged a portion of their shares in Anand Rathi Wealth Ltd, aiming to secure margin limits. This move has increased the security cover ratio to 1.14 and the total value is approximately INR 630.7 crore.
Despite the overall bearish trend in April, the pharmaceutical sector stands out, with stocks like Astral, Aurobindo Pharma, Sun Pharma, Glenmark, NALCO, and Oil India performing well. Conversely, ICICI Prudential Life and BEL exhibit negative trends, suggesting potential challenges ahead. Investors should keep a close eye on the critical support at 21,700 for the Nifty index.
Ashok Leyland's shares saw a 7% decline due to the company falling short of projected 15% growth in March sales, with actual growth at 5%. The company experienced an 11% increase in M&HCV truck sales but a 24% drop in bus sales and a 12% rise in LCV sales. Trading prices currently stand at ₹151.75, down from the previous high of ₹215.75.
Glenmark has entered the weight loss market with Glipiq (semaglutide), priced affordably at ₹1,300-1,800/month. This move aims to increase accessibility and volumes. The company's Q3 revenue rose by 15% YoY, reaching ₹3,901 crore, primarily due to growth in specialty products, global brand expansion, and complex generics, which also boosted the Ebitda margin to 22%.
Smartworks Coworking Space is expanding its operations in Hyderabad by adding 1.26 lakh square feet, which will cost approximately INR 17 crores, funded through internal reserves and fresh issuances.
HEG Ltd has announced a one-on-one meeting with Unifi Capital set for April 7, 2026. The talks will utilize public information, with no proprietary information (UPSI) disclosed.
Despite a general slowdown in mobile user additions, as reported by February's TRAI data, telecom providers Airtel, Jio, and Vodafone Idea managed to increase their subscriber base.
Ambit Capital recommends a buy position for Astral, with its current price standing at ₹1571 as of April 1st. This suggests potential growth opportunities for investors interested in the stock market.
Expert advice suggests DMart, MCX, Aurobindo Pharma, Emcure Pharma, GPIL, and NLC India as potential short-term investment options due to their robust performance amid challenging market conditions characterized by high crude prices, a weak rupee, and foreign capital outflows. The Nifty 50 and Sensex have experienced sharp declines due to these factors.
Finkurve Financial Services secures a 'BBB Stable' rating from CARE for its ₹150 crore NCDs and ₹300 crore bank facilities. The rating acknowledges the company's strong capitalization, growing assets under management, and expertise in gold ecosystems. However, the scale and resource profile are considered moderate.
Tamilnad Mercantile Bank is facing a significant tax demand of INR 5.37 crores for the fiscal year 2024-25, resulting from a disallowance under Section 14A. The bank has announced its intent to appeal this decision.