Macquarie maintains a pessimistic outlook on Bajaj Finance, predicting a target of ₹860, due to projected AUM growth of 22% in FY26. However, concerns about the weak deposit mix (approximately 16%) and sustainability of growth persist, with potential risks coming from loan and margin expansion.
Sanjay Trivedi
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Jubilant FoodWorks reported a 19.1% year-on-year increase in Q4 revenue, amounting to INR 25.06 billion, driven largely by the expansion of Domino's India stores to 2,455. Meanwhile, Domino's Turkey witnessed growth with 787 stores and a 9% like-for-like increase.
Bullpulse MarketsEdge has offloaded 700,000 shares of Atal Realtech, with an average selling price of ₹24.5 per share on the National Stock Exchange.
Satin Creditcare has reported a significant surge in assets under management (AUM) by 93% Year-over-Year, accompanied by an increase of 120% YoY in disbursements reaching Rs. 700 crores. The company has also secured Rs. 730 crores through debt financing and expanded to 121 branches with a workforce of approximately 1,200 employees.
Kotak Institutional Equities suggests TCS, Infosys, Tech Mahindra, and Coforge as top IT sector choices despite forecasted subdued Q4FY26 growth and limited FY27 visibility. TCS demonstrates steady margins, Infosys anticipates 3-5% FY27 expansion, Coforge leads Q4FY26 with a 19.7% YoY increase, while Tech Mahindra reports stagnant revenue but margin advancements.
Finkurve Financial Services has confirmed no additional shares have been pledged during the fiscal year 2025-2026, signifying a commitment to transparency. Promoter Ketan Kothari has also complied with SEBI's acquisition regulations, ensuring adherence to market norms.
Shreevar Kheruka, a major shareholder in Borosil Limited, has increased his stake by purchasing an additional 85,443 shares on the open market, now controlling approximately 64.7% of the company's voting rights.
Tech Mahindra has greenlit the merger of its Costa Rican subsidiaries as a strategy to lower operational expenses, mitigate regulatory risks, and simplify their entity structure.
Prestige Estates has acquired a 17.2-acre plot in Gurugram's Sector 92, situated near the Dwarka Expressway. This upcoming project spans over 3 million square feet with an estimated value of ₹4,200 crore.
Bharti Airtel executed a significant trade of INR 96.2 crore on April 1, 2026, between a single seller and a single buyer.
Coal India saw a surge in sales during March, ending a six-month slump, as increased demand for coal coincided with the onset of summer and gas supply shortages. The rise in sales may be attributed to the need to stock up on coal to meet peak summer demand amidst ongoing U.S.-Iran tensions.
The Central Bank of India has been issued a tax demand notice worth approximately ₹296 crores by the Income Tax Department for fiscal year 2025. The bank intends to contest this order, with hopes that its day-to-day operations will not be affected financially.
Vedanta has contested Adani's accepted bid worth INR 14,535 crores for Jaypee, arguing that its own offer of INR 17,926 crores offers better value. Vedanta claims the Committee of Creditors' decision was arbitrary and criticizes NCLT and NCLAT for disregarding the principle of maximizing value in the IBC process.
HDFC Bank receives a 'Buy' rating due to its robust Return on Equity and valuation, while Eicher Motors moves to 'Neutral,' ONGC remains 'Overweight.' Jubilant FoodWorks may face LPG challenges. The RBI's foreign exchange limit could potentially impact the Q4 earnings of major banks.
DCW Ltd has expanded its annual CPVC production capacity from 40,000 MT to 50,000 MT, with the new 10,000 MT facility now operational and expected to reach full output by Q1 FY27.