Stock market showed a positive trend for the third consecutive day, with banks taking the lead and pushing the Nifty up to 22,968. Notable gainers include Axis Bank and HDFC Bank, which reported strong Q4 growth, while Trent and Senco saw significant surges due to robust revenue figures.

Escalating tensions in Iran could potentially cap credit growth for financial institutions at around 10-12% by FY27, according to Ambit Capital. This potential development could strain margins and asset quality for these institutions. Notably, private banks such as HDFC Bank, ICICI Bank, and Axis Bank seem to be in a stronger position due to their robust foundations.

In the March quarter, PNB, Union Bank, and IDFC FIRST Bank observed an increase in lending over deposits, indicating a persistent appetite for loans despite taut liquidity situations. [The Times of India]

Compucom Software has been ordered to pay over Rs 64.4 lakh in EPF dues for their contractual employees working with Jaipur Vidhyut Nigam. The company plans to contest the order, asserting its right to challenge the decision.

MOIL announces a preliminary manganese ore production of 164,000 MT in March 2026. Sales for the same month totaled 202,000 MT, contributing to a full-year sales volume of 15.89 lakh MT.

Axis Securities suggests investors consider Voltamp Transformers, Shilpa Medicare, and Persistent Systems as potential buys. Despite crude price worries, both Nifty 50 and Sensex experienced slight growth on April 2, with Nifty rising by 0.15% to 22,713.1 and Sensex increasing by 0.25% to 73,319.55.

Motilal Oswal advises buying Arvind Fashions, anticipating a price of Rs 650 due to consistent growth. The company's recent financial results show an 8% same-store sales growth, 14% year-over-year increase in retail sales, and a robust 19% year-on-year expansion in online sales.

Hindustan Petroleum has revised the details of their Non-Convertible Debentures to comply with SEBI regulations. The updated information includes links and data required for listing on NSE and BSE, providing investors with a convenient reference point.

India Cements Ltd has been assigned an ESG score of 59 by NSE Sustainability for the fiscal year 2025, signifying a reasonable level of commitment to environmental, social, and governance standards. This evaluation offers insight into the company's dedication to sustainability.

ER&D companies are expected to show modest growth in Q4FY26, as demand stabilizes but recovery is delayed. Among them, KPIT is favored for its projected 1.6% increase, while Tata Elxsi and Cyient anticipate smaller gains. Improved margins could come from currency depreciation and cost control measures. Analysts recommend buying shares of KPIT, Cyient, and LTTS, but advise reducing holdings in Tata Elxsi.

Sundaram Brake Linings experiences a fire at their Kariapatti Plant II, thankfully without any reported injuries. The estimated loss amounts to INR 2.66 crore, leading to a temporary production halt while they submit an insurance claim.

Hindustan Zinc achieved a new record for quarterly mined metal output in Q4FY26, reaching 315 kt, with the total for FY26 standing at 1114 kt. However, there was a decline in lead and silver production, dipping by 13% and 9% YoY respectively, while refined zinc saw a 3% increase compared to last year.

Kokuyo Camlin significantly reduced its tax demand for the fiscal year 2018-19, with the figure dropping from ₹162.97 Crore to ₹34.05 Crore. However, an additional ₹3.05 Crore remains contested, and the company has announced plans to appeal this residual demand through legal channels.

MTNL failed to meet the escrow funding for its April 2026 7.05% bonds, indicating a shortage of funds. The government's guarantee on these sovereign bonds remains crucial in addressing this issue.

Matrimony.com is facing a substantial GST demand of INR 21.88 crores for the period April 2019 to March 2020, due to issues with blocked input tax credit. Despite this, the company anticipates minimal significant impact on their operations.

Varroc Engineering successfully repaid ₹250 crore in NCDs (Non-Convertible Debentures) ahead of schedule on March 6, 2026. This early redemption was made possible due to an asset coverage over 1.1 times the obligation associated with the NCDs.

Eicher Motors experienced a significant surge in commercial vehicle sales during March, with an impressive 10% year-over-year increase. Domestic sales showed even stronger growth at 13.6%. This boost led to a notable jump in Q3 net profit, rising by 21.4% YoY to Rs 1,420.6 crore. Revenue also saw an uptick of 22.9% in the same period.

Indian Oil Corporation (IOC) sets a new record with a crude throughput of 75.4 MMT, operating with an impressive 99.5% reliability. Notably, pipeline throughput also reached 105.3 MMT, while lubricant sales surged by 15%. Additionally, petrochemical and gas sales are at their highest levels.

Vibhor Steel Tubes Ltd has been assigned a 'BBB (Stable)' long-term loan rating and an 'A2' short-term loan rating by CRISIL. These ratings cover up to INR 100 crores in bank facilities, including cash credit and letter of credits.

Shree Cement faces a draft tax demand of approximately INR 149 crore for the fiscal year 2023 and has announced its intention to contest it. The company is optimistic that the dispute will have minimal significant impact on their operations.