Patanjali Foods shares decline as 1.48% equity worth ₹272 crore changes hands in block deals

As many as 53.6 lakh shares, or 1.48% equity, of Patanjali Foods, worth ₹272 crore changed hands at an average of ₹509 per share via block deals on Monday.

As many as 53.6 lakh shares, or 1.48% equity, of Patanjali Foods, worth ₹272 crore changed hands at an average of ₹509 per share via block deals on Monday.

JK Tyre MD Anshuman Singhania said that raw material costs are expected to remain range-bound in Q4, and any decision on price hikes will depend on raw material trends.

DICGC will shift to risk-based deposit insurance premiums from April 2026, benefiting large banks like HDFC Bank, ICICI Bank, Axis Bank, and Kotak Mahindra Bank with lower operating expenses.

Sources told CNBC-TV18 that the company’s promoter group has likely to have sold 9% of its stake via block deal. Triveni Earth Movers has likely to have bought 9% in Monday’s block deal, sources added.

Sun TV Network shares rose 3.64% after Q3FY26 results showed muted growth and lower profit, but analysts see upside from SunRisers Hyderabad IPL franchise valuation and recent acquisition.

In June 2025, IREDA had raised ₹2,005.9 crore via QIP, compared to the base issue of ₹1,500 crore, at a price of ₹165.14 apiece. Its stock is now at ₹130 apiece, down 22% from its last QIP issue price.

The Indian rupee opened at 90.56 per dollar after India–US trade talks signaled lower US tariffs. Foreign inflows support the rupee.

While JPMorgan has a ‘neutral’ rating on MGL, CLSA has an ‘outperform’ recommendation.

The state-owned firm more than doubled its profit in the latest third quarter.

Broad-based loan growth, steady margins, and benign asset quality, has prompted many analysts to increase the target price for India’s biggest bank.