PB Fintech shares in focus after Q3 results, board to consider QIP for acquisitions

The company said its board will meet on February 5 to consider fundraising via QIP, with the proceeds earmarked for inorganic growth opportunities.

The company said its board will meet on February 5 to consider fundraising via QIP, with the proceeds earmarked for inorganic growth opportunities.

Most of these Textile stocks, ranging from Gokaldas Exports to Welspun Living and Indo Count Industries have declined between 5% to 20% in the last one month.

Stock Market Live Updates: Indian equity markets, Nifty 50 and the Sensex, along with the broader markets, are bracing for a big gap-up as a major overhang of the India-US trade deal is being lifted with the signing of the…

GIFT Nifty is indicating a gap up start of over 2.6% as at 11:45 pm on Feb 2. That would make Feb 3 one of the top 10 starts for the Indian stock market in the last five years.

India and the US have agreed to a trade deal after months of negotiations with the overall tariff rate coming down to 18% from 50% that was in place till date. This puts all the export oriented names in the…

As a result of this deal, all the export oriented names, particularly textile stocks such as Gokaldas Exports, Pearl Global, KPR Mill, Welspun Living, among others, along with shrimp exporters will be in the spotlight during Tuesday’s trading session.

Aarti Industries reported a sharp improvement in its third-quarter performance, with net profit nearly tripling year-on-year to ₹133 crore, supported by higher capacity utilisation, cost-saving initiatives and improved operating leverage.

AkzoNobel India Ltd reported a 31.6% year-on-year decline in Q3 net profit to ₹74.3 crore, with revenue down 13.6% to ₹907.7 crore. EBITDA fell 17.8% to ₹136.5 crore, and margins slipped to 15%. Domestic decorative paints volumes rose 8%, driven…

Indus Towers reported consolidated revenue of ₹8,146 crore for Q3FY26, up 7.9% year-on-year, driven by increased tower rollouts and operational efficiencies. Consolidated EBITDA declined 35.6% to ₹4,509 crore, with margins narrowing to 55.3% from 92.7% a year earlier. Net profit…

Thermax reported a strong December quarter, with margin beating estimates and profit rising sharply year-on-year, supported by improved operating performance and healthy order inflows across businesses.