BENGALURU – Hyperlocal delivery giant Swiggy Limited reported a challenging third quarter on Thursday, January 29, 2026, as its consolidated net loss remained above the ₹1,000 crore mark for the second consecutive quarter. While the company achieved a massive 54% surge in revenue, the heavy cost of scaling its quick-commerce arm, Instamart, continues to weigh […]
MUMBAI – Domestic brokerage powerhouse Motilal Oswal Financial Services (MOFSL) has reiterated its “Sell” rating on India Cements Ltd (ICL), setting a revised target price of ₹370. The downgrade follows a turbulent third quarter (Q3FY26) for the South-based cement major, where a fragile recovery was derailed by a return to consolidated losses, sparking concerns about
MUMBAI – Shares of SBI Life Insurance Company, India’s largest private life insurer, declined as much as 4.05% on Thursday, January 29, 2026, hitting an intraday low of ₹1,970 on the National Stock Exchange (NSE). The sharp drop comes despite a steady top-line growth, as investors reacted to rising operating expenses and a slight compression
MUMBAI – Shares of Hyderabad-based Gland Pharma surged over 9% on Thursday, January 29, 2026, hitting an intraday high of ₹1,849 on the National Stock Exchange (NSE). The vertical rally follows the company’s strongest quarterly performance in its history, characterized by a sharp rebound in its core U.S. business and a long-awaited operational turnaround in
MUMBAI – In an unprecedented move that has rewritten the history of Indian commodity markets, silver futures on the Multi Commodity Exchange (MCX) breached the psychological barrier of ₹4,00,000 per kilogram on Thursday, January 29, 2026. The “white metal” surged over ₹22,000 in a single session, outshining gold and delivering a staggering 73% return in
MUMBAI – Shares of state-owned Hindustan Copper Limited (HCL) skyrocketed nearly 18% on Thursday, January 29, reaching a fresh 52-week high of ₹745 on the National Stock Exchange (NSE). The explosive rally in the PSU miner comes as international copper prices hit an all-time high, coupled with the company’s strategic win of a massive new
MUMBAI – In a historic surge that has sent shockwaves through the bullion market, gold prices in India touched an all-time high of ₹1,80,501 per 10 grams on the Multi Commodity Exchange (MCX) on Thursday, January 29, 2026. The 24-carat yellow metal rallied over 7.5% in a single session, driven by a perfect storm of
BENGALURU – Shares of state-owned defense electronics major Bharat Electronics Limited (BEL) soared to a fresh all-time high on Wednesday, January 28, 2026, after the company reported a robust 21% year-on-year (YoY) jump in consolidated net profit for the third quarter. The Navratna PSU’s performance comfortably beat street estimates, fueled by accelerated execution of defense
Electricity exports from Adani Power to Bangladesh have risen sharply in recent months, even as bilateral relations between the two neighbours remain strained and a Bangladesh government-appointed panel has flagged concerns over the cost of the supply. Data from Indian and Bangladeshi government sources shows that power exports from Adani Power’s Godda coal-fired plant in
Shares of TVS Motor Company Ltd recovered from early losses and rose as much as 3% on Wednesday, January 28, after the company reported stronger-than-expected quarterly results, even after factoring in a one-time hit from the implementation of new labour codes. The market reacted positively as TVS Motor delivered solid revenue growth, healthy margin expansion
Shares of Suzlon Energy moved higher on Wednesday after the company announced a 248.85 megawatt (MW) wind energy order from the ArcelorMittal Group, marking its first project with the global steel major in India. Suzlon disclosed the development in an exchange filing, saying the order was awarded through ArcelorMittal’s renewable energy arm in India. The
Shares of Oil and Natural Gas Corporation rose sharply on Wednesday, January 28, after the state-run oil major announced a resource-sharing agreement with Reliance Industries Ltd for deepwater offshore exploration and production operations on India’s east coast. ONGC informed stock exchanges that the agreement will focus on complex offshore projects, particularly in the Krishna Godavari
