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Conceptual business illustration of upcoming business problem metaphor with falling domino and businessman silhouette. Minimalistic vector eps 10 illustration | Photo Credit: Rajmohan S _12122@Chennai
tock Market today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 6th April 2026.
- April 6, 2026 06:59
CORPORATE ACTIONS: ADDITIONS
BEL: Reports record turnover of ₹26,750 Cr with strong order book of ₹74,000 Cr.
ADANI GREEN ENERGY: Adds 5 GW capacity in FY26, achieving global record.
GALLANTT ISPAT: Receives ₹233 Cr government subsidy from UP.
RMC SWITCHGEARS: Approved for migration to NSE/BSE main board.
DEE DEVELOPMENT: Gets tariff hike approval for biomass power project.
CHANDRA BHAGAT PHARMA: Expands globally with new Dubai office.
- April 6, 2026 06:59
CORPORATE ACTIONS: TAX ORDER
ZYDUS LIFESCIENCES: Faces ₹140 Cr GST demand; plans to appeal.
FORTIS HEALTHCARE: Receives ₹149 Cr income tax demand notice.
BPL: Faces DRT recovery order allowing invocation of corporate guarantee.
- April 6, 2026 06:58
INTELLECT DESIGN ARENA: Wins global AI deal in logistics with automation-driven finance solutions.
- April 6, 2026 06:58
CORPORATE ACTIONS: INCORPORATE / CORPORATE STRUCTURE
ADANI ENTERPRISES: Subsidiary exits 50% stake in Vishakha Industries for ₹13.27 Cr.
CENTRUM CAPITAL: Exits Centrum Alternatives LLP with ~99.99% stake sale.
PET PLASTICS: Sells subsidiary Exuberant Systems for ₹4.68 Cr.
NTPC: Completes transfer of coal mining business to subsidiary NTPC Mining Ltd.
HINDUSTAN FOODS: Completes restructuring with Avalon & Vanity Case merger.
ITC: Gains control in Sproutlife Foods (Yoga Bar), making it a subsidiary.
- April 6, 2026 06:58
CORPORATE ACTIONS: LAUNCHES
SHELTER PHARMA: Launches ‘FitKick Pro’ nutrition product in domestic market.
ORIENT ELECTRIC: Launches oxygen-enriching fan ‘Aero O2’ with air purification tech.
- April 6, 2026 06:57
RBL BANK: Clarifies no financial impact from ₹137 Cr diversion case; denies wrongdoing.
- April 6, 2026 06:57
MARKSANS PHARMA: Receives USFDA approval for Benzonatate Capsules for US market.
- April 6, 2026 06:57
CORPORATE ACTIONS: Q2 BUSINESS UPDATE
MIDHANI: Reports record FY26 sales of ₹1,206 Cr, up ~12% YoY with strong defence demand.
ADANI PORTS: Crosses 500 million tonnes cargo milestone, targets 1 billion tonnes by 2030.
IREDA: FY26 loan book rises 22% YoY to ₹93,075 Cr with strong disbursement growth.
HUDCO: Reports ~28% YoY growth in sanctions & disbursements in FY26.
DMART: Opens 12 stores, total store count reaches 500.
APL APOLLO TUBES: Hits record FY26 sales volume at 34.91 lakh tons (+11% YoY).
SG FINSERVE: Loan book jumps 75% YoY to ₹3,934 Cr.
LLOYDS METALS: Achieves record iron ore production with strong operational growth.
GODAWARI POWER: Reports highest-ever production across key segments in FY26.
TATA MOTORS: Reports record PV & EV sales growth in FY26 with strong SUV demand.
- April 6, 2026 06:56
CORPORATE ACTIONS: CREDIT RATINGS
SRG HOUSING FINANCE: Upgraded to ACUITE A- (Stable) from BBB+.
PAISALO DIGITAL: Reaffirms AA rating; ₹1,500 Cr NCD rated AA/Stable.
OM INFRA: Rating downgraded to BB+ (Stable) from BBB-.
DEEPAK FERTILISERS: Outlook revised to “Watch with Developing Implications”.
SEAMEC: Ratings remain on “Watch Developing” by CRISIL.
- April 6, 2026 06:56
CORPORATE ACTIONS: FUNDRAISING
GRAVITY INDIA: Approves ₹69 Cr rights issue at ₹10/share with 23:3 entitlement ratio.
- April 6, 2026 06:56
CORPORATE ACTIONS: NEW PROJECTS
ADANI GREEN ENERGY: Operationalizes 360 MW RE projects and 1,376 MWh BESS capacity.
PARADEEP PHOSPHATES: Commissions 300 TPD sulphuric acid plant with ₹240 Cr capex.
PETRONET LNG: Expands Dahej terminal capacity from 17.5 to 22.5 MMTPA.
SBEC SYSTEMS: Commissions 265 kWp solar plant in Uttar Pradesh.
- April 6, 2026 06:56
CORPORATE ACTIONS: LEADERSHIP CHANGES
POWER GRID: CMD Ravindra Kumar Tyagi retires effective March 31, 2026.
KIRLOSKAR PNEUMATIC: Aman Kirloskar appointed MD for 5 years; K. Srinivasan resigns.
NEULAND LABORATORIES: Appoints Saharsh Davuluri as CEO & MD; founder moves to vice chairman role.
WHEELS INDIA: Chairman S. Ram resigns citing age factor.
- April 6, 2026 06:55
CORPORATE ACTIONS: COLLABORATION
ZAGGLE PREPAID: Signs 5-year partnership with Fanuc India for expense management solutions.
TEJAS NETWORKS: Signs MoU with IIT Gandhinagar for telecom R&D and innovation.
RAIN INDUSTRIES: Partners on graphite project for EV battery supply chain development.
CLEANMAX: Expands renewable energy tie-up with STT GDC beyond 130 MW for data centres.
- April 6, 2026 06:55
CORPORATE ACTIONS: ACQUISITION
BRAINBEES SOLUTIONS: FirstCry arm increases stake in Candes from 62% to 92% via cash deal.
TUBE INVESTMENTS: Acquires remaining 5.45% stake in TIVOLT for ₹30 Cr, making it wholly owned EV arm.
MARATHON NEXTGEN REALTY: Acquires 51% stake in 3 entities unlocking ₹840 Cr GDV projects.
- April 6, 2026 06:55
CORPORATE ACTIONS: ORDER WIN
BHARAT ELECTRONICS: Wins ₹6,795 Cr defence & export orders including radars, avionics & communication systems.
J KUMAR INFRAPROJECTS: Bags ₹2,360 Cr NHAI highway EPC project for Vadhvan Port connectivity.
SOLARWORLD ENERGY: Secures ₹267 Cr NTPC solar project order for 1000 MW project at Bikaner.
POWER MECH: Wins ₹109 Cr O&M contract from Hindustan Zinc for CPP & transmission operations.
MTAR TECHNOLOGIES: Bags ₹35.6 Cr international order for data centre infrastructure projects.
MAGELLANIC CLOUD: Secures ₹7.88 Cr railway CCTV order from South Central Railway.
SATTRIX INFORMATION SECURITY: Wins ₹9.3 Cr SBI cyber security contract for 3 years.
MIC ELECTRONICS: Bags ₹2.13 Cr railway order for CIBT systems from East Coast Railway.
- April 6, 2026 06:54
Instl. Investors EQUITY Cash Trades PROV. - 02/04/2026
Rs. CRS. :
FIIS : SELL -9,931 (10,626-20,557)😭
DIIS : BUY +7,208 (18,421-11,213)😃
- April 6, 2026 06:53
Bullion Cues: Gold and silver futures facing a barrier
Bullion Cues: Bounce Meets Resistance
Gold and silver face resistance; a decline is anticipated unless key price levels are surpassed. Trade strategies outlined.
- April 6, 2026 06:53
Crude Check: Strength intact in oil futures
Crude Check: Strength Intact
Crude oil prices show strong bullish momentum, with potential rallies for Brent and MCX futures in the coming days.
- April 6, 2026 06:52
F&O Tracker: Bearish undertone persists in Nifty futures & Nifty Bank futures
F&O Tracker: Bearish Undertone Persists
Bearish trend continues in Nifty and Bank Nifty futures, with key resistances holding and downside risks remaining.
- April 6, 2026 06:52
Technical Call: Reliance Industries - BUY
Technical Call: Reliance Industries - BUY
Buy Reliance Industries (₹1,351) for long-term growth with a potential target of ₹6,000 over five years.
- April 6, 2026 06:52
Tech Query: Larsen & Toubro (L&T), Vodafone Idea, HFCL, Senco Gold - what is the outlook? Where are these stocks headed?
Tech Query Larsen & Toubro (L&T), Vodafone Idea, HFCL, Senco Gold - What Is The Outlook? Where Are These Stocks Headed?
Explore stock outlooks for L&T, Vodafone Idea, HFCL, and Senco Gold, including buy/sell recommendations and price targets.
- April 6, 2026 06:51
Stocks that will see action this week
Movers & Shakers: Stocks That Will See Action This Week
Discover actionable insights on Akzo Nobel India, Bajaj Finance, and Natco Pharma stocks set to trend this week.
- April 6, 2026 06:51
US Market Outlook: Short-lived bounce
US Market Outlook: Short-Lived Bounce
Explore the US market outlook as last week's bounce may signal a temporary correction amidst ongoing downward trends.
- April 6, 2026 06:50
Index Outlook: Make or break point
Index Outlook: Make or break point
Upcoming weeks are pivotal for Indian equity indices, determining potential trends amid recent selling pressure from foreign investors.
- April 6, 2026 06:49
DMart Q4 revenue rises 19% YoY; store count reaches 500 as growth momentum continues
Avenue Supermarts Limited, the operator of the popular retail chain DMart, has released its standalone business update for the fourth quarter ended March 31, 2026. The company continues its consistent growth trajectory, achieving a significant operational milestone in its store network.
Revenue Performance
DMart reported a standalone revenue from operations of ₹17,204.50 crore for Q4 FY26. This represents a robust 18.96% Year-on-Year (YoY) growth compared to the ₹14,462.39 crore recorded in the same quarter last year.
The company’s four-year revenue trend for the March quarter highlights steady scaling:
March 2026: ₹17,204.50 crore
March 2025: ₹14,462.39 crore
March 2024: ₹12,393.46 crore
March 2023: ₹10,337.12 crore
Operational Milestone: 500 Stores
As of March 31, 2026, the company has officially reached a total of 500 stores. This count includes one store in Sanpada, Navi Mumbai, which is currently undergoing reconstruction. The achievement of the 500-store mark solidifies DMart’s position as one of India’s largest and most efficient brick-and-mortar value retailers.
The provided revenue figures are provisional and subject to a statutory audit.
- April 6, 2026 06:48
IDFC FIRST Bank loans grow 20% and deposits rise 17% in FY26; CASA ratio remains strong at 50%
IDFC FIRST Bank Limited (NSE: IDFCFIRSTB; BSE: 539437) has released its provisional business update for the quarter and financial year ended March 31, 2026. Despite a challenging quarter marked by tight liquidity and geopolitical headwinds, the bank demonstrated resilient growth in its lending book and maintained a high-quality deposit base.
Key Financial Highlights
Loans & Advances: The bank’s credit book grew by 20.0% YoY, rising to ₹2,90,362 crore as of March 31, 2026, compared to ₹2,41,926 crore in the previous year. Sequential (QoQ) growth stood at 3.9%.
Customer Deposits: Deposits increased by 17.2% YoY to reach ₹2,84,327 crore. While sequential growth was a modest 0.6%, the bank noted that average customer deposits grew by 3.0% QoQ, indicating stable underlying momentum.
CASA Ratio: The bank maintained a strong low-cost deposit profile with a CASA ratio of 49.8%. The average CASA ratio for Q4-FY26 remained stable at 50.4%.
Liquidity: The average Liquidity Coverage Ratio (LCR) for the quarter was stable at 114%, well above regulatory requirements.
Navigating Headwinds
The bank successfully grew its deposit base despite several challenges during the quarter, including:
Significant outflows due to year-end advance tax payments.
A tight liquidity environment across the banking sector.
The impact of the ongoing West Asia crisis.
A strategic reduction in Savings Account interest rates (by 50 to 200 bps) in key buckets during Q4-FY26.
Asset Quality Update
In a positive development for the bank’s risk profile, the asset quality of the Microfinance (MFI) book has returned to normalcy. The asset quality across the remainder of the bank’s portfolio continues to remain stable, as per previous trends.
- April 6, 2026 06:48
L&T Finance retail loan book jumps 26% in FY26; retail disbursements surge 62% in Q4
L&T Finance Limited (NSE: LTF; BSE: 533519) has released its provisional business update for the quarter and financial year ended March 31, 2026. The company continues its aggressive “Retailisation” strategy, with retail assets now accounting for an estimated 98% of its total portfolio.
Retail Disbursements: A Year of Exponential Growth
The company witnessed a massive jump in its lending activities, particularly in the final quarter:
Q4FY26 Performance: Retail disbursements for the quarter are estimated at ₹24,080 crore, representing a staggering 62% Year-on-Year (YoY) growth compared to Q4FY25.
Full Year (FY26): For the entire financial year, total retail disbursements reached ₹83,190 crore, a 39% increase over the previous year’s actuals.
Segment-wise Breakdown (Q4FY26 Highlights):
Urban Finance: Led the growth with disbursements of ₹9,840 crore.
Rural Business Finance: Contributed a solid ₹7,200 crore.
Gold Finance: A significant new pillar, contributing ₹2,775 crore in the final quarter alone (totaling ₹6,700 crore for the full year).
SME Finance: Grew to ₹1,835 crore for the quarter.
Loan Book & Strategic Shift
As of March 31, 2026, the Retail Loan Book is estimated at ₹1,19,550 crore, marking a 26% YoY expansion. The company’s focus on retail lending has reached a near-total transition, with its Retailisation ratio improving from 97% last year to 98% currently.
These figures are provisional and remain subject to statutory audit.
- April 6, 2026 06:48
Dabur India sees steady Q4 growth in domestic business; home & personal care leads, international markets face headwinds
Dabur India: Business Update
This update provides an overall summary of the performance and demand trends witnessed during the quarter ended March 31, 2026 (Q4 FY26). This will be followed by detailed financial results and earnings presentation once the Board of Directors of the Company approves the consolidated and standalone financial results for the quarter ended March 31, 2026.
The quarter ended 31st March 2026 witnessed steady momentum in the domestic India business, underpinned by a stable macroeconomic environment. This strong domestic performance helped offset challenges in our key international markets particularly Middle East, where heightened geopolitical tensions led to demand disruptions and supply chain constraints.
The India FMCG business witnessed sequential recovery in demand and is likely to record high-single digit growth.
Home & Personal care business sustained its double-digit growth trajectory and is likely to grow in midteens. This growth is expected to be led by Hair Oils, Shampoo and Home Care, which are likely to record growth in twenties. Key brands which are expected to record healthy volume-led growth are Dabur Amla franchise, Vatika Shampoo, Dabur Almond, Odonil, Odomos, Meswak and Gulabari. Majority of the portfolio continued to outpace category growth and is expected to register market share gains during the quarter.
In the Healthcare vertical, Dabur Honey, Honitus, Health Juices and Hajmola franchise are expected to report robust double-digit growth. Dabur Glucose was impacted on account of unseasonal rains in key markets in March. Overall, Healthcare business is expected to report low-single digit growth.
F&Bvertical saw a sequential improvement and is expected to register low-single digit growth inthe quarter. Foods, Real Activ Juices and Coconut Water continued to clock 20%+ growth rates. Out of Home portfolio was impacted on account of unseasonal rains in key markets. Real brand continued to outpace category growth and gained market shares across Nectars, Juices and Coconut Water.
In terms of channels, organised trade including Modern trade, E-commerce and Quick commerce maintained their growth momentum alongside a steady recovery in the General Trade.
In International business, while Middle East business was impacted on account of the US-Israel- Iran conflict, our other key markets like Turkey, Bangladesh and UK performed well and continue to grow in double-digits in constant currency terms. We expect our international business to record low-single digit growth in INR terms.
Overall, we expect consolidated revenues to grow in mid-single digits with operating profit growing ahead of the topline
- April 6, 2026 06:47
Vedanta hits record highs in aluminum and zinc production for FY26; alumina output surges 48%
Vedanta Limited (NSE: VEDL; BSE: 500295) has released its production numbers for the fourth quarter and the full financial year ended March 31, 2026. The company achieved historic highs in its Aluminum and Zinc verticals, driven by operational efficiencies and capacity ramp-ups.
Vertical Performance Highlights
1. Aluminum: Breaking Annual Records
Vedanta achieved its highest-ever annual production in both Alumina and Aluminum.
Alumina (Lanjigarh): Annual production surged 48% YoY to 2,916 kt. The refinery hit an exit run rate of 4 MTPA (Million Tonnes Per Annum).
Aluminum: Total annual production reached a record 2,456 kt, up 1% YoY, primarily through improved operational efficiency at the Jharsuguda and BALCO smelters.
2. Zinc India (Hindustan Zinc): Record Mined Metal
Zinc India delivered its best-ever quarterly and annual performance.
Mined Metal: Annual production rose to 1,114 kt (+2% YoY), driven by higher ore production and better grades.
Refined Zinc: Full-year production hit a record 851 kt (+3% YoY) following successful debottlenecking projects.
Silver: Q4 production increased 11% compared to the previous quarter, totaling 627 tonnes for the full year.
3. Oil & Gas: Navigating Regulatory Challenges
Average Production: The average daily gross operated production for FY26 was 87.2 kboepd (thousand barrels of oil equivalent per day), a 16% decline YoY.
Legal Update: Regarding the Cambay block, Vedanta is currently operating under a status quo order from the Delhi High Court following a dispute over the extension of the Production Sharing Contract (PSC).
4. Iron Ore, Steel, and Ferro Chrome
Iron Ore: Annual saleable ore production rose 5% to 6.5 million tonnes, with a significant ramp-up in Goa (+62% YoY).
Ferro Chrome (FACOR): Achieved record annual production of 101 kt, a 21% YoY increase, supported by the restart of the Kalarangiatta mines.
- April 6, 2026 06:47
Bajaj Finance AUM crosses ₹5 lakh crore with 22% growth in FY26; customer base reaches 119 million
Bajaj Finance Limited has announced the below update on a consolidated basis with respect to the quarter ended 31 March 2026:
1. Customer franchise as of 31 March 2026 stood at 119.33 MM as compared to 101.82 MM as of 31 March 2025. In Q4 FY26, the customer franchise increased by 3.93 MM.
2. 2. New loans booked grew by 20.5% to 12.89 MM in Q4 FY26 as compared to 10.70 MM in Q4 FY25.
3. Assets under management (AUM) crossed a milestone of ₹ 5 lakh crore. AUM grew by 22% to approximately ₹ 510,000 crore as of 31 March 2026 as compared to ₹ 416,661 crore as of 31 March 2025. In Q4 FY26, AUM increased by approximately ₹ 25,500 crore.
4. Deposits book stood at approximately ₹ 68,550 crore as of 31 March 2026 as compared to ₹ 71,403 crore as of 31 March 2025.
The above information is provisional and subject to review by the statutory auditors of the Company.
- April 6, 2026 06:47
HDFC Bank’s deposits rise 14% and advances up 12% in FY26, led by strong Q4 inflows
HDFC Bank Limited (NSE: HDFCBANK; BSE: 500180) has released its provisional business update for the quarter and financial year ended March 31, 2026. India’s largest private sector bank reported steady double-digit growth in its loan book and a significant acceleration in deposit mobilization during the final quarter of the fiscal year.
Deposit Performance: Strong Inflows in Q4
The bank’s total deposit base saw a substantial expansion, reflecting strong customer trust and an effective liability strategy. Period-end deposits reached approximately ₹31,055 billion (₹31.05 trillion), marking a robust 14.4% Year-on-Year (YoY) growth.
CASA (Current Account Savings Account) deposits grew by 10.8% YoY on an average basis to ₹9,184 billion. On a period-end basis, CASA stood at ₹10,605 billion, up 12.3% YoY. Time deposits (Fixed Deposits) remained a major driver, with period-end balances growing 15.5% YoY to reach ₹20,450 billion. For the March 2026 quarter specifically, average deposits grew by 12.8% YoY to ₹28,511 billion.
Advances and Loan Portfolio
HDFC Bank maintained consistent credit growth across its various lending segments. Advances Under Management (AUM) at the end of the period stood at ₹30,575 billion, representing a growth of 10.2% YoY.
Gross advances aggregated to approximately ₹29,600 billion, a healthy 12.0% YoY increase. For the quarter, the average AUM grew by 10.0% YoY to ₹29,644 billion. The bank noted that these figures are provisional and subject to a statutory audit. The official financial results for the full year will follow shortly after board approval.
- April 6, 2026 06:46
Bandhan Bank boosts retail deposits 18% and improves collection efficiency in FY26
Bandhan Bank Limited (NSE: BANDHANBNK; BSE: 541153) has released its provisional business update for the quarter and financial year ended March 31, 2026. The bank demonstrated a strategic pivot toward retail-led growth, marked by a significant increase in retail deposits and improved collection efficiencies across all segments.
Lending & Deposit Performance
The bank’s Loans and Advances (including On-book and PTC) reached ₹1,54,235 crore, growing by 12.6% Year-on-Year (YoY). On a sequential basis, advances grew by 6.2%, reflecting steady credit demand in the final quarter.
Total Deposits grew by 10.0% YoY to reach ₹1,66,344 crore. A key highlight was the bank’s success in reducing its reliance on bulk funding while aggressively growing its retail base:
Retail Deposits (including CASA): Stood at ₹1,22,547 crore, representing a robust 17.7% YoY increase.
Retail to Total Deposits Ratio: Improved significantly to 73.67%, up from 68.88% in the previous year.
Bulk Deposits: Decreased by 6.9% YoY, now constituting only 37.24% of total term deposits.
CASA and Liquidity
The bank saw a strong recovery in CASA (Current Account Savings Account) deposits during the final quarter, which grew 14.1% sequentially to reach ₹48,751 crore. The CASA Ratio stood at 29.31%. Additionally, the bank maintained a very healthy liquidity position with a Liquidity Coverage Ratio (LCR) of approximately 131.76%.
Operational Excellence: Collection Efficiency
Bandhan Bank reported a notable improvement in its collection efficiency (excluding NPAs), signaling strong asset quality management:
Pan Bank Collection Efficiency: Improved to 98.9% in March 2026, up from 98.1% in December 2025.
EEB Segment: Reached 98.6% efficiency.
Non-EEB Segment: Reached a near-perfect 99.3% efficiency.
- April 6, 2026 06:46
AU Small Finance Bank posts 25% loan growth and 23% rise in deposits for FY26
AU Small Finance Bank Limited (NSE: AUBANK; BSE: 540611) has released its provisional business update for the fourth quarter and full financial year ended March 31, 2026. The bank demonstrated robust growth across its lending and deposit portfolios, maintaining high double-digit momentum throughout the fiscal year.
Lending Performance: Gross Loan Portfolio Crosses ₹1.4 Lakh Crore
The bank saw a significant expansion in its credit offerings, driven by strong demand in the retail and small business segments:
Gross Advances: Stood at ₹1,36,040 crore, marking a sharp 25.1% Year-on-Year (YoY) growth compared to ₹1,08,778 crore in March 2025.
Gross Loan Portfolio (GLP): Including the securitized/assigned portfolio, the total GLP reached ₹1,40,330 crore, up 21.3% YoY.
Sequential Growth: On a quarter-on-quarter (QoQ) basis, Gross Advances grew by 8.7%, indicating a strong finish to the financial year.
Deposit Profile and CASA Trends
The bank continued to strengthen its liability franchise with a balanced growth in term and low-cost deposits:
Total Deposits: Reached ₹1,52,660 crore, a robust 22.8% YoY increase.
CASA Deposits: Current Account and Savings Account (CASA) balances grew 19.6% YoY to reach ₹43,360 crore.
CASA Ratio: The ratio stood at 28.4%, a slight dip from 29.2% in the previous year, as term deposits grew at a marginally faster pace.
Liquidity: The bank recorded a healthy 10.3% QoQ jump in total deposits from December 2025.
The reported figures are provisional and remain subject to statutory audit and approval by the Board of Directors.
- April 6, 2026 06:45
Hindustan Copper posts highest MIC output in seven years; FY26 sales hit five-year high
Hindustan Copper Limited (HCL), the only Copper Miner of India, has reported a robust performance for the financial year 2025-26, marked by significant operational achievements.
During FY 2025-26 Hindustan Copper Ltd has achieved MIC (Metal in concentrate) production of 27,421 tonne which is 9% higher than FY 2024-25 and highest in past seven years. Similarly, the Company has achieved ore production of 3.67 million tonne in FY 2025-26 which is 6% higher than last year. Sales of 27,367 tonnes of Copper MIC during the fiscal has been the best in the last five years.
These achievements have been driven by coordinated efforts across key functional domains. Despite a challenging operating environment, HCL demonstrated resilience and adaptability, maintaining its growth trajectory through focused execution and continuous improvement.
HCL continues to make steady progress toward its strategic objective of achieving 12.2 MTPA mining capacity by 2030, with all ongoing initiatives aligned to this long-term vision.
The Company has also recorded several key milestones during the year, including:
- Implementation of welfare initiatives for officers, workmen and contract personnel
- Rollout of License to operate software
- Introduction of the Nursing Scheme and educational support under the Sathee Scheme
- Awarding of job contracts works exceeding INR 1,400 crore
- - Resumption of operations at Kendadih, Kolihan and Surda mines
- Progress in securing long-pending statutory clearances, including Chandmari
- Entry into an auction lease through the Sidhi Copper Block
- Advancement of greenfield projects in India (Sikkim, Dhobani, Pathargora) and overseas (Chile)
- Initiation of greenfield exploration at the Bodal Block
- The paste fill plant at Malanjkhand Copper Project is unique in India as one of the first large-scale applications of paste backfill technology in a metal mining project, enabling simultaneous underground mining, enhanced safety and sustainable reuse of tailings on an industrial scale.
- - Operation through battery-operated LHDs in Malanjkhand underground mines marks a clean, low-emission and energy-efficient shift, enhancing worker safety, reducing ventilation load and aligning mining operations with sustainable practices.
- HCL has signed a Memorandum of Understanding with the State Bank of India for implementation of Corporate Salary Package for all the permanent employees as well as contractual employees, engaged under a valid contract. By bringing contractual workers into the fold of formal financial dignity, HCL affirms a simple yet powerful belief - that every hand that builds the nation deserves security, respect and reassurance.
Acknowledging the contributions of HCL workforce and the support of the Government of India, particularly the Ministry of Mines, along with customers, partners, and other stakeholders, in achieving these results, Shri Sanjiv Kumar Singh, Chairman and Managing Director, HCL, stated that responsible resource utilization, environmental stewardship and social responsibility will continue to be the cornerstone of its operations.
Looking ahead, HCL remains focused on strengthening its operational capabilities, enhancing sustainability practices, and creating long-term value for all stakeholders, while progressing towards its Vision Plan 2030 and aspiration for Navratna status.
- April 6, 2026 06:45
Senco Gold: Business Update
Key Highlights (Standalone Basis):
Revenue Growth: Senco achieved a wedding season-led growth of ~46% YoY in Q4 FY26, leading to a ~35% YoY growth for FY26 as compared to 21% YoY growth in FY 25. The Q4 topline growth includes SSSG of ~34%. The wedding season in the quarter was spread across the whole quarter, and to cater for this, we launched new designs, collections and attractive offers. Valentine’s Day and International Women’s Day drove strong growth in footfall, particularly in our gifting and lightweight segments.
Showroom Expansion: We launched 7 new showrooms (2- Franchisee, 1- COCO and 4- Sennes) in Q4, reaching a milestone of 201 total showrooms(Net of closure of 2 stores). The current network now comprises 102 COCO and 85 FRN (FOFO-76 & FOCO-9) stores, 12 Sennes stores and 2 in Dubai
Gold Price Volatility: Gold prices have been highly volatile in Q4 FY26, rising 20% QoQ to a peak level of USD 5595/Oz and, given the war and global uncertainty, again fell almost 20% to USD 4500/Oz in midMarch and currently settling around the USD 4700/Oz level, with a daily price variation of 2-5%. The average gold price surged by 79% YoY since Q4 FY 25 from ₹84,782/10gm to ₹1,51,783/10gm in Q4 FY26; and QoQ growth of ~20% against ₹1,26,638/10gm in Q3 FY26. Despite this highly volatile environment, customers have continued to purchase jewellery, and we have tried to plan our inventory based on changing consumer demand and maintaining our gross margin and profitability, managing the risk effectively.
Product Mix Optimisation & 9k Jewellery Focus: We have accelerated our focus on Lightweight Jewellery and Everyday Wear. A key highlight of this quarter has been the customer response to our 9k collection, christened Cloud 9, which will further promote jewellery demand amid rising prices. This allows us to maintain affordability and volume growth even in a high-price environment. We have launched a pioneering virtual experience in the jewellery industry in India called “ Shape of You”, which will help customers select jewellery based on their face shapes, a leading AI-based innovation. The focus has been to use data and keep optimising stocks for driving efficiency.
- April 6, 2026 06:45
Eicher Motors launches feature-rich Royal Enfield Hunter 350 Base Premium at ₹1.49 lakh
Eicher Motors Limited (NSE: EICHERMOT; BSE: 505200) has announced a significant update to its best-selling Royal Enfield Hunter 350 for the 2026 model year. Unveiled at the “HunterHood” street culture festival in Lucknow, the expansion introduces a more feature-rich entry-level experience and bold aesthetic choices for the top-tier variants.
The New “Base Premium” Variant
Royal Enfield has introduced the Base Premium variant in Tarmac Black, designed to bridge the gap between the entry-level and mid-range models. Priced at ₹1,49,900 (ex-showroom Chennai), this variant aims to provide a more sophisticated interface and better utility for urban commuters.
- April 6, 2026 06:44
Kotak Mahindra Bank posts 16% loan growth and strong CASA surge in FY26
Kotak Mahindra Bank Limited (NSE: KOTAKBANK; BSE: 500247) has released its provisional business update for the quarter and financial year ended March 31, 2026. The bank demonstrated robust credit growth and a significant surge in its low-cost deposit base, maintaining its position as one of India’s most efficient private sector lenders.
Credit Momentum: Net Advances Reach ₹4.95 Lakh Crore
The bank’s loan book saw consistent expansion throughout the year:
Net Advances (End of Period): Stood at ₹4,95,892 crore, marking a strong 16.2% Year-on-Year (YoY) growth compared to ₹4,26,909 crore in March 2025.
Sequential Growth: On a quarter-on-quarter (QoQ) basis, advances grew by 3.2%.
Average Advances: The average net advances for the period also reflected a 16.2% YoY increase, reaching ₹4,81,769 crore.
Deposit Profile and CASA Surge
Kotak Mahindra Bank continues to benefit from a high-quality liability franchise, with a notable jump in Current Account Savings Account (CASA) balances during the final quarter.
Total Deposits (EOP): Grew by 14.7% YoY to reach ₹5,72,457 crore.
CASA (EOP): Recorded at ₹2,47,724 crore, a 15.5% YoY increase. Most impressively, CASA balances surged by 10.5% sequentially (QoQ) from December 2025, indicating strong customer acquisition and retention in the last quarter.
Average CASA: For the year, average CASA stood at ₹2,11,898 crore, up 12.7% YoY.
The reported figures are provisional and remain subject to statutory audit by the bank’s auditors.
- April 6, 2026 06:44
ESAF SFB advances 19% as secured loans surge; customer base tops 1 crore in FY26
ESAF Small Finance Bank Limited (NSE: ESAFSFB; BSE: 544020) has released its provisional business update for the quarter and financial year ended March 31, 2026. The bank demonstrated a strategic shift toward a more secured lending profile, alongside a significant expansion in its customer base and distribution network.
Lending Performance: Strategic Shift to Secured Assets
The bank’s Gross Advances grew by 19.42% YoY, reaching ₹22,426 crore. A key highlight was the aggressive growth in Retail and Other Loans (Secured Advances), which surged 37.88% to ₹13,680 crore. These secured assets-comprising Gold loans, Mortgages, MSME, and Agriculture loans-now constitute 61% of the total portfolio, up from 52.84% last year.
Disbursements: Annual disbursements witnessed an extraordinary jump of 103%, rising from ₹20,985 crore in FY25 to ₹42,529 crore in FY26.
NPA Management: The bank sold NPAs worth ₹1,019 crore during the year. Excluding this sale, the Year-on-Year growth in advances would have been higher at 24.85%.
Credit-to-Deposit (CD) Ratio: The ratio stood at 86.75%, reflecting increased credit utilization compared to 80.68% in the previous year.
Deposit Trends and CASA
Total deposits increased by 11.05% YoY to reach ₹25,850 crore.
Term Deposits: Grew by 12.43% to ₹19,669 crore.
CASA: Low-cost CASA deposits grew by 6.88% to ₹6,181 crore.
CASA Ratio: The ratio stood at 23.91%, slightly lower than the 24.84% recorded in March 2025, as term deposits grew at a faster pace.
Network and Customer Growth
ESAF Small Finance Bank now serves a massive customer base of 1.02 crore, having added over 8 lakh new customers during the financial year. Its physical footprint has expanded to 804 branches, 720 ATMs, and 1,049 Customer Service Centres across 24 states and 2 union territories.
- April 6, 2026 06:43
KP Group becomes Associate Sponsor of Delhi Capitals for IPL 2026–28
KP Group, a prominent renewable energy player, has entered into a sponsorship arrangement with Delhi Capitals, pursuant to which it is associated as an Associate Sponsor for Indian Premier League (IPL) seasons 2026 to 2028.
The sponsorship has been undertaken by KP Group entities, including KPI Green Energy Limited, KP Green Engineering Limited and K.P. Energy Limited. The association will provide KP Group with a comprehensive platform for brand visibility and fan engagement across digital, on-ground, and team-led initiatives within the Delhi Capitals ecosystem.
- April 6, 2026 06:43
Utkarsh SFB boosts retail deposits and shifts to secured lending in FY26
Utkarsh Small Finance Bank Limited (NSE: UTKARSHBNK; BSE: 543942) has released its provisional business update for the quarter and financial year ended March 31, 2026. The bank’s performance reflects a deliberate strategic pivot toward a more diversified and secured loan portfolio, alongside a significant strengthening of its retail deposit base.
The bank reported a robust quarter in terms of disbursements, though its overall Gross Loan Portfolio (GLP) saw a minor year-on-year contraction as it reshaped its asset mix.
Disbursements: Total disbursements for Q4 FY26 stood at ₹4,207 crore, a sharp 30.1% YoY increase. Notably, Non-JLG (Joint Liability Group) disbursements surged by 51.4% YoY, reflecting a shift away from traditional micro-banking.
Portfolio Mix: The bank has significantly reduced its reliance on unsecured micro-banking.
Secured vs. Unsecured: The portfolio is now 51% secured, up from 43% in March 2025.
JLG vs. Non-JLG: The JLG portion of the portfolio has dropped to 30%, compared to 47% a year ago.
Asset Quality: Micro-banking asset quality showed marked improvement, with X Bucket Collection Efficiency reaching 99.7% and the SMA (Special Mention Account) Pool reducing to 1.3% from 5.1% at the start of the fiscal year.
Deposit Profile: Focus on Retail and CASA
Utkarsh Bank has successfully reduced its high-cost bulk deposits while growing its sticky retail base.
Total Deposits: Stood at ₹21,654 crore, remaining stable YoY but showing a 2.7% sequential growth.
Retail Momentum: Retail Term Deposits grew 19.6% YoY to ₹12,720 crore. Combined with CASA, the CASA + Retail Term Deposit Ratio climbed to a strong 82.7%, up from 71.1% last year.
CASA Growth: CASA deposits grew 10.6% YoY, leading to an improved CASA Ratio of 24.0%.
Bulk Deposit Reduction: In a strategic move to optimize costs, bulk term deposits were reduced by 40% YoY.
Liquidity
The bank maintains a very high liquidity cushion, with a Liquidity Coverage Ratio (LCR) of 177% as of March 31, 2026, well above regulatory requirements.
- April 6, 2026 06:42
MOIL’s FY26 manganese ore production tops 19 lakh MT; March sales surge on strong demand
MOIL Limited (NSE: MOIL; BSE: 533286), a Miniratna state-owned enterprise and India’s largest producer of manganese ore, has released its provisional production and sales figures for the month and financial year ended March 31, 2026. The company demonstrated consistent growth in its extraction capabilities, hitting significant milestones for the full fiscal year.
Production Performance: Surpassing 19 Lakh MT
For the full financial year FY’26, MOIL achieved a cumulative production of 19.07 Lakh MT, representing a steady growth over the 18.03 Lakh MT produced in the previous fiscal year.
Monthly Trend: In March 2026 alone, the company produced 1.64 Lakh MT, compared to 1.59 Lakh MT in March 2025.
Operational Efficiency: The year-on-year increase in cumulative production highlights MOIL’s successful efforts in scaling up mining operations and optimizing output across its various mines.
Sales and Market Demand
The company maintained a strong sales trajectory, ensuring that increased production translated effectively into market supply.
Cumulative Sales: For FY’26, cumulative sales reached 15.89 Lakh MT, marginally higher than the 15.87 Lakh MT recorded in FY’25.
March 2026 Spike: Notably, sales in the month of March 2026 saw a significant jump to 2.02 Lakh MT, compared to 1.56 Lakh MT in the same month last year. This sharp increase in monthly sales indicates robust demand from the steel industry and other end-users during the final month of the financial year.
- April 6, 2026 06:42
IndusInd Bank’s deposits surpass ₹4 lakh crore as CASA ratio recovers; advances dip in FY26
IndusInd Bank Limited (NSE: INDUSINDBK; BSE: 532187) has released its provisional business update for the quarter and financial year ended March 31, 2026. The bank reported a steady recovery in its deposit base and CASA ratio during the final quarter, while maintaining a cautious approach to its net advances.
Deposit Mobilization and CASA Recovery
The bank successfully crossed the ₹4 lakh crore mark in total deposits by the end of the fiscal year.
Total Deposits: Stood at ₹4,00,178 crore, reflecting a sequential (QoQ) growth of 1.6% from December 2025.
CASA Ratio: Improved to 31.3% in March 2026, up from 30.2% in the previous quarter, indicating a healthy inflow of low-cost current and savings account deposits.
Retail Focus: Retail deposits and deposits from small business customers grew to ₹1,91,276 crore, showing a steady increase from both the previous quarter (₹1,84,473 crore) and the previous year (₹1,85,180 crore).
Advances and Loan Portfolio
On the lending side, the bank’s portfolio saw a Year-on-Year (YoY) contraction as it likely prioritized portfolio quality and selective lending.
Net Advances: Reported at ₹3,15,154 crore as of March 31, 2026. This represents an 8.7% YoY decline compared to March 2025.
Sequential Trend: On a QoQ basis, net advances remained largely stable with a marginal dip of 0.8%.
The bank noted that these figures are provisional and subject to a statutory audit. The complete financial results will be published following board approval.
- April 6, 2026 06:41
Axis Bank posts strong double-digit growth in loans and deposits for FY26
Axis Bank Limited (NSE: AXISBANK; BSE: 532215) has released its provisional business update for the fourth quarter and financial year ended March 31, 2026. The bank reported robust growth across its lending and deposit franchises, maintaining a strong double-digit growth trajectory throughout the fiscal year.
Lending Performance: Strong Credit Momentum
The bank saw significant expansion in its loan book, driven by healthy demand across various segments.
Gross Advances (End Balance): Reached ₹12,442 billion, marking a sharp 18.4% Year-on-Year (YoY) growth compared to ₹10,511 billion in March 2025.
Sequential Growth: On a quarter-on-quarter (QoQ) basis, gross advances grew by 6.3%, reflecting a strong finish to the financial year.
Deposit Profile and CASA Trends
Axis Bank continued to strengthen its liability franchise with a balanced growth in low-cost and term deposits.
Total Deposits (End Balance): Stood at ₹13,358 billion, a robust 13.9% YoY increase.
CASA (End Balance): Current Account and Savings Account (CASA) balances grew 10.6% YoY to reach ₹5,289 billion. This represents a healthy 7.3% QoQ jump from December 2025.
Term Deposits: Showed the strongest growth within the deposit category, increasing 16.1% YoY to ₹8,069 billion.
Average Balances (Q4 FY26)
The quarterly average balances provide a stable view of the bank’s liquidity and funding throughout the period:
Average Total Deposits: ₹12,265 billion (Up 13.1% YoY).
Average CASA: ₹4,583 billion (Up 10.4% YoY).
Average Term Deposits: ₹7,682 billion (Up 14.8% YoY).
The bank noted that these figures are provisional and subject to a statutory audit. The official financial results will be released following board approval.
- April 6, 2026 06:40
WATCH: Nifty and Bank Nifty Prediction for the week April 6-10: English
- April 6, 2026 06:38
WATCH: Nifty & Bank Nifty this week in Tamil
- April 6, 2026 06:34
Stock to buy today: Lloyds Metals & Energy (₹1,390)
Stock to buy today: Lloyds Metals & Energy (₹1,390) – BUY
Buy Lloyds Metals & Energy at ₹1,390; target ₹1,550 with a bullish short-term outlook and strategic stop-loss guidance.
Published on April 6, 2026
English (US) ·