The central bank’s finalised capital market exposure norms mark a pivotal shift in India’s deal financing landscape, allowing banks to fund acquisitions under clearly defined leverage, eligibility and exposure caps. The framework balances expanded lending headroom with strict prudential safeguards,…
Shares of Azad Engineering Ltd ended at ₹1,575.00, down by ₹40.70, or 2.52%, on the BSE.
Ola Electric, led by Bhavish Aggarwal, saw employee costs surge 67% in Q3, posted a net loss of ₹487 crore, missed revenue estimates, and shares dropped nearly 80% since August 2024.
Fortis Healthcare revenue jumped 17.5% to ₹2,265 crore while EBITDA margins expanded to 22.3%, but net profit fell to ₹193.7 crore amid increased debt from recent acquisitions.
Shares of Hindustan Copper Ltd ended at ₹590.35, down by ₹34.25, or 5.48%, on the BSE.
KFin Technologies’ revenue increased sharply 28% to ₹370.8 crore from ₹290 crore, while EBITDA grew 16.1% to ₹151.6 crore versus ₹130.5 crore.
This approval provides a new non-steroidal, topical treatment option for the millions of Americans living with atopic dermatitis or eczema. Shares of Aurobindo Pharma Ltd ended at ₹1,155.45, down by ₹2.10, or 0.18%, on the BSE today, February 13.
Sebi proposes easing reporting norms for stock brokers, exempting certain demat accounts for primary dealers and banks, and seeks public comments on these changes until March 6.
In individual stock movements, semiconductor giant Applied Materials surged 13% following strong earnings and an optimistic outlook. Airbnb shares climbed 6% after the company issued positive guidance, while Pinterest fell 24% after missing fourth-quarter estimates and issuing a weak forecast.
Tilaknagar Industries Q3 Results | The company’s revenue grew 80.5% to ₹1,453 crore from ₹805 crore in Q3FY25. EBITDA increased 83.2% to ₹110 crore versus ₹60 crore a year ago. The EBITDA margin remained flat at 8% compared to the…