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Back in 2018, Pidilite had also carried out a buyback of its equity shares, fixing a price of ₹1,000 per share to repurchase the stock.

According to a CNBC-TV18 poll, Net Interest Income (NII) for PFC is likely to increase by 16.2% from last year to ₹5,028 crore, while net profit may increase by 7.5% year-on-year to ₹3,999 crore. BHEL may also return to profitability.

The study highlights that mutual fund schemes backed several new listings, with Ather Energy (₹1,351 crore), HDB Financial Services (₹1,331 crore), and Schloss Bangalore (₹679 crore) among the top beneficiaries.

At the interbank foreign exchange, the domestic unit opened at 87.72 against the US dollar before dipping marginally to 87.73, registering a rise of 15 paise from its previous close.

For Inox Wind, the rights issue price has been fixed as ₹120 per share, which is a 27% discount to its closing price on Tuesday.

The Bharti Hexacom stock is trading at 15 times its estimated FY27 EV/EBITDA, which is 40% higher than Bharti Airtel’s valuation.

According to Jefferies, the Aegis Vopak stock is currently trading at 34 times its 12-month forward EV/EBITDA, which could cap further upside in the near term.

Q1 Results LIVE Updates: Bajaj Auto, Trent, Divi’s Laboratories, Pidilite Industries, Hero MotoCorp, BHEL, Bharat Forge, HUDCO, RITES, are among the companies reporting their first quarter earnings today.

Sensex Today | Stock Market LIVE Updates: The Nifty has been fairly resilient despite the tariff uncertainties, managing to defend key support levels, as it did so on Tuesday as well. 24,600 on the downside remains the key for the…

The company now expects to break even on a gross profit basis this year, softening its prior forecast for a modest profit. Higher costs from newly imposed tariffs and the loss of revenue from sales of regulatory credits have put…