🟢 Positive Highlights 📈 Websol EnergyStrong Q4 performance with profit at ₹124.5 Cr (vs ₹48.3 Cr YoY) and revenue at ₹401.5 Cr. 📈 Rossari BiotechProfit rises to ₹46 Cr (vs ₹34.4 Cr), revenue jumps to ₹700 Cr. 📈 Coal IndiaRobust earnings with profit at ₹10,839 Cr and revenue…
April 28, 2026
Market View 28th April, 2026
View on market: Volatility persists, eagerly searching for growth: Global markets showed a mixed trend amid ongoing geopolitical uncertainty linked to tensions involving the United States and Iran. Futures in the US indicated a slightly positive start, while European markets were under pressure. In Asia, market performance remained…
India’s fast-growing insurtech space is witnessing another major development as Acko moves ahead with its initial public offering (IPO) ambitions. The company is reportedly preparing for a public listing with a targeted valuation ranging between $2 billion and $2.5 billion, signalling strong confidence in its business model and…
Infosys, once regarded as a cornerstone of India’s technology sector, has recently witnessed a notable erosion in its market capitalisation. The decline, estimated at over ₹2 lakh crore, has led to the company slipping out of the list of India’s ten most valuable firms. This development reflects a…
Adani Green Energy Plans ₹15,000 Crore Investment to Expand Battery Storage Capacity Adani Green Energy Limited has announced an ambitious plan to significantly scale up its battery energy storage capabilities, outlining an investment of approximately ₹15,000 crore for FY27. The company aims to add over 10 gigawatt-hours (GWh)…
L&T Finance Limited has outlined a significant funding and growth roadmap for FY27, with its board approving the issuance of cumulative compulsorily redeemable non-convertible preference shares (NCPs) worth up to ₹6,012 crore. The decision, disclosed through a recent exchange filing, is subject to shareholder approval and forms a…
The Reserve Bank of India has taken enforcement action against financial institutions for regulatory lapses, imposing monetary penalties on Bandhan Bank and Muthoot Housing Finance Company. The move highlights the regulator’s continued focus on ensuring adherence to compliance standards across the banking and non-banking financial ecosystem. These penalties…
Reliance Industries Limited reported a mixed financial performance for the January–March quarter of FY26, reflecting strong revenue growth alongside pressure on profitability. The results highlight the contrasting trends across its diverse business segments, including telecom, retail, and energy. During the fourth quarter, the company’s consolidated net profit declined…
Sun Pharmaceutical Industries Limited has announced a major global acquisition, entering into a definitive agreement to purchase Organon & Co. in an all-cash transaction valued at approximately $11.75 billion. Under the terms of the agreement, Sun Pharma will acquire all outstanding shares of Organon at a price of…
Oil and Natural Gas Corporation (ONGC) has announced a series of strategic developments following its Board meeting held on April 25, 2026. The decisions span leadership restructuring, expansion into petrochemical marketing through a joint venture, and fresh investments in gas infrastructure. Together, these moves underline the company’s ongoing…