Savings Effect

Brent crude oil price rises 2.3% to reach $113.8 per barrel

SterliteTech reports its Q4 results; Net Profit At ₹59 Cr Vs ₹5 Cr (YoY) Revenue Up 37% At ₹1,441 Cr Vs ₹1,052 Cr (YoY) EBITDA Up 56% At ₹195 Cr Vs ₹125 Cr (YoY) Margin At 13.5% Vs 11.8% (YoY) One-time Gain At ₹31 Cr Vs Nil (YoY)

INDIAN BANK: Q4 PROVISIONS FOR NON-PERFORMING ASSETS AT 7.5B RUPEES VS 3B (QOQ)

GAUTAM ADANI WEALTH JUMPS 49% TO $104B FROM $70B LOW IN MARCH MUKESH AMBANI WEALTH FLAT AT $92B

STERLITE TECH: FY26 ORDER INTAKE AT 76.9B RS VS FY25 AT 36.7B; UP 109%

Bandhan Bank says - Expects to grow by 15% in FY27, will outgrow industry - FY27 RoA exit will be 1.6-1.7% - PSLC cost may reduce by 50% in FY27

STERLITE TECH: CO PLANS TO RAISE UP TO ₹2,000 CR THROUGH EQUITY OR DEBT INSTRUMENTS.

TRUMP SAYS NO MORE MR NICE GUY WITH IMAGE CAPTIONED

TRUMP:" IRAN CAN’T GET THEIR ACT TOGETHER. THEY DON’T KNOW HOW TO SIGN A NONNUCLEAR DEAL. THEY BETTER GET SMART SOON! PRESIDENT DJT

BansalWire reports its Q4 results 👉Net Profit Up 21% At ₹40 Cr Vs ₹31 Cr (YoY) 👉Revenue Up 21% At ₹1,136.3 Cr Vs ₹940 Cr (YoY) 👉EBITDA Up 10% At ₹76.3 Cr Vs ₹69.3 Cr (YoY) 👉Margin At 6.7% Vs 7.4% (YoY)

US TO PUT DONALD TRUMP’S FACE ON PASSPORTS - FT

JEWELLERY DEMAND DECLINED SHARPLY, FALLING 23 PER CENT YEAR-ON-YEAR TO 300 TONNES IN REACTION TO THE HIGHER PRICES SEEN THROUGHOUT THE QUARTER. DEMAND WEAKENED ACROSS ALL MAJOR MARKETS, WITH NOTABLE DECLINES IN CHINA (32 PER CENT), INDIA (19 PER CENT) AND THE MIDDLE EAST (23 PER CENT): MC

GRANULES: CO SAYS REVENUE SHARE FROM THE NORTH AMERICA IS 72% IN Q4 FY26 AS COMPARED TO 79% IN Q4

IndianOverseasBank reports #Q4Results👇 👉Net profit up 43.2% at ₹1,505.5 cr vs ₹1,051 cr (YoY) 👉NII up 11.1% at ₹3,470 cr vs ₹3,123 cr (YoY) 👉Gross NPA at 1.42% vs 1.54% (QoQ) 👉Net NPA at 0.21% vs 0.24% (QoQ) 👉Provisions stand at ₹1,006 cr vs ₹1,063 cr (YoY)

Investment limit to be increased for Indians residing abroad (PROI/NRI) - Sources The investment limit under the Portfolio Investment Scheme (PIS) will be raised from 5% to 10% The overall investment limit for PROI/NRI will be increased from 10% to 24% - Sources The Finance Ministry will soon issue a notification - Sources Discussions held between the Finance Ministry, SEBI, and RBI on the proposal An announcement to increase the limit was made in the budget, but the notification is yet to be issued The decision is being taken in view of the increase in fund outflows

FIN MIN WILL SOON COME UP WITH NOTIFICATION FOR PIS FROM 5% TO 10%: AWAAZ

DR REDDYS : CO SAYS MORE COMPETITION EXPECTED IN CANADA FOR SEMAGLUTIDE: INTERVIEW

OMAXE: CO GROUP ANNOUNCES RS 250 CRORE INVESTMENT IN ‘OMAXE CASSIA’ AT LUCKNOW; 300 HOMES ALREADY SOLD.

INDIAN OVERSEAS BANK: Q4 SL NET PROFIT 15.1B RUPEES VS 10.5B (YOY) INDIAN OVERSEAS BANK: Q4 GNPA 1.42% VS 1.54% (QOQ) || Q4 NNPA 0.21% VS 0.24% (QOQ)

#Gold slips below ₹1.50 lakh per 10 grams; #silver near ₹2.43 lakh per kg in #IndianNavy