Hindalco Industries, India’s leading metals major, announced its Q3FY26 results, showcasing resilience in its aluminium business despite challenges faced by its US subsidiary Novelis. The company reported that strong aluminium EBITDA helped offset the impact of the Oswego plant fire in the US, which temporarily affected Novelis margins. Key Highlights of Q3FY26 Drivers of Performance…
Honasa Consumer, the parent company of popular personal care brand Mamaearth, reported a stellar performance in its Q3FY26 results. The company’s net profit surged 93% year-on-year to Rs 50 crore, driven by strong demand across digital channels, expanding offline presence, and robust growth in emerging categories. Following the announcement, Honasa Consumer’s shares rallied 4%, reflecting…
Pharma major Lupin Limited reported a stellar performance in its Q3FY26 results, with net profit surging 37.4% year-on-year to Rs 1,215 crore, driven by robust demand in the United States and emerging markets. The company’s revenue growth was supported by strong generics sales, new product launches, and improved operational efficiency. Key Highlights of Q3FY26 Drivers…
Oil and Natural Gas Corporation (ONGC), India’s largest energy explorer, announced its Q3 FY26 results, reporting a 16.7% year-on-year rise in net profit to Rs 10,015 crore. The company also declared a dividend of Rs 6.25 per share, with the record date set for February 18, 2026. Despite modest revenue growth of 0.1%, ONGC’s strong…
Mahindra & Mahindra (M&M), one of India’s leading automobile manufacturers, saw its shares decline by 2% following the announcement of its Q3 results. While the company reported steady revenues, brokerages remain divided on its future outlook, citing mixed signals from demand trends, margin pressures, and rural market recovery. Background of Q3 Performance Brokerages’ Mixed Views…
Goldman Sachs has been thrust into the spotlight after reports confirmed that its Chief Legal Officer, Kathy Ruemmler, will exit the firm following the surfacing of new documents linked to the Jeffrey Epstein case. The development has raised questions about corporate governance, reputational risk, and the broader implications for Wall Street’s relationship with high-profile legal…
Hindustan Unilever Limited (HUL), India’s largest fast-moving consumer goods (FMCG) company, reported a 4.3% revenue growth in its Q3 results, driven by lower inflationary pressures and the benefits of recent Goods and Services Tax (GST) cuts. The company’s performance reflects resilience in consumer demand and strategic pricing adjustments amid a challenging economic environment. Background of…
Hindustan Unilever Limited (HUL), India’s largest fast-moving consumer goods (FMCG) company, has announced its plan to acquire a 49% stake in Zywie, a leading player in the health and wellness segment, for ₹824 crore. This strategic move underscores HUL’s commitment to expanding its footprint in the rapidly growing health and wellbeing sector, which has seen…
India’s financial markets are poised for a major transformation with the introduction of total return swaps (TRS), a derivative instrument that allows investors to gain exposure to assets without directly owning them. Market experts believe this innovation will attract global investors, deepen liquidity, and diversify risk management strategies. The move is seen as part of…
Kumaraguru Paper and Packaging Limited (KPPL) is preparing for a transformative leap in its operations as the Union Cabinet has cleared a ₹741-crore expansion plan. This ambitious project is expected to significantly enhance production capacity, strengthen India’s packaging industry, and create new employment opportunities. The expansion aligns with the government’s broader vision of boosting domestic…
