Financial News
Anand Rathi Wealth Shares Gain Over 2% on Strong Q3 Earnings Growth
Anand Rathi Wealth is trading at RS 3196.00, up by 68.10 points or 2.18% from its previous close of RS 3127.90 on the BSE.
The stock opened at RS 3146.95 and recorded a high of RS 3204.00 and a low of RS 3055.95 so far. A total of 13,951 shares have been traded on the counter.
Classified under the BSE Group ‘A’, with a face value of RS 5, the stock has touched a 52-week high of RS 3323.85 on 14-Oct-2025 and a 52-week low of RS 1586.05 on 13-Mar-2025. Over the past week, the scrip has moved between RS 3204.00 and RS 3000.85. The company’s current market capitalization stands at RS 26287.24 crore.
Promoter shareholding in the company is at 42.72%, while institutional investors hold 14.30% and non-institutional investors hold 42.99%.
On the financial front, Anand Rathi Wealth posted a 31.85% growth in standalone net profit, reaching RS 99.81 crore for the quarter ended December 31, 2025 (Q3FY26), compared to RS 75.70 crore in the same period last year. Total income rose 25.82% to RS 295.27 crore, up from RS 234.68 crore a year earlier.
On a consolidated basis, the company reported a 29.64% increase in net profit to RS 99.85 crore for Q3FY26, compared to RS 77.02 crore in the previous year. Consolidated total income grew 25.24% to RS 305.73 crore, against RS 244.11 crore in the corresponding quarter of the previous year.
ICICI Bank Rises as It Completes 100% Acquisition of ICICI PFM
ICICI Bank was trading at RS 1424.70, up 11.55 points (0.82%) from its previous close of RS 1413.15 on the BSE.
The stock opened at RS 1418.30 and recorded a high of RS 1425.90 and a low of RS 1411.15 during the session. A total of 86,591 shares were traded on the counter so far.
The BSE group ‘A’ stock with a face value of RS 2 has registered a 52-week high of RS 1494.10 (31-Jul-2025) and a 52-week low of RS 1187.00 (23-Jan-2025).
In the past week, the stock recorded a high of RS 1442.20 and a low of RS 1361.15. The company currently commands a market capitalization of RS 1012723.98 crore.
Institutional investors hold 90.83% stake in the company, while non-institutional investors hold 9.18%.
On the corporate front, ICICI Bank has completed the acquisition of 100% shareholding in ICICI Prudential Pension Funds Management Company (ICICI PFM) from ICICI Prudential Life Insurance Company (ICICI Life) and ICICI PFM. Following completion of formalities, ICICI PFM has now become a wholly owned subsidiary of ICICI Bank.
ICICI Bank remains one of India’s leading private sector banks with a diversified portfolio across retail, SME, and corporate segments.
Biocon Shares Trade Higher as Subsidiary Gets USFDA Nod for Everolimus Tablets
Biocon is currently trading at RS 372.75, up by 0.70 points or 0.19% from its previous close of RS 372.05 on the BSE.
The stock opened at RS 378.65 and recorded a high of RS 383.45 and a low of RS 371.80 during the session. A total of 49,912 shares have been traded so far.
The BSE ‘A’ group stock with a face value of RS 5 registered a 52-week high of RS 424.95 on 18-Nov-2025 and a 52-week low of RS 290.80 on 03-Mar-2025. Over the last one week, the share has moved between RS 393.20 and RS 366.25. The company currently holds a market capitalization of RS 56,257.47 crore.
Promoter shareholding stands at 54.45%, while Institutions and Non-Institutions hold 28.71% and 16.83% respectively.
Meanwhile, Biocon’s wholly owned subsidiary Biocon Pharma has received USFDA approval for its ANDA for Everolimus Tablets for Oral Suspension in 2 mg, 3 mg, and 5 mg strengths. The drug is indicated for treatment of adult and pediatric patients with Tuberous Sclerosis Complex (TSC) suffering from Subependymal Giant Cell Astrocytoma (SEGA), and as adjunct therapy for TSC-associated partial-onset seizures. The approval is expected to further enhance Biocon’s portfolio of integrated drug products.
Biocon is recognized as India’s largest and Asia’s leading biotechnology company, with a core focus on biopharmaceuticals and research services. The company operates as a fully integrated, innovation-driven biopharma enterprise offering affordable solutions for chronic diseases worldwide.
OLA Electric Mobility Rises on BSE; Launches First ‘Ola Shakti’ from Tamil Nadu Gigafactory
OLA Electric Mobility is trading at RS 39.85, up by 0.45 points (1.14%) from its previous close of RS 39.40 on the BSE.
The stock opened at RS 39.66 and recorded a high of RS 40.50 and a low of RS 39.61 during the session. A total of 11,44,618 shares have been traded so far.
Classified in the BSE ‘A’ group with a face value of RS 10, the stock has touched a 52-week high of RS 80.75 (01-Feb-2025) and a 52-week low of RS 30.79 (18-Dec-2025).
Over the past week, the scrip recorded a high of RS 44.02 and a low of RS 37.95. The company’s current market capitalization stands at RS 17,700.66 crore.
Promoter shareholding in the company is 36.78%, while institutional and non-institutional investors hold 10.02% and 53.19% respectively.
In a significant development, OLA Electric Mobility has rolled out its first ‘Ola Shakti’ energy system from its Gigafactory located in Krishnagiri, Tamil Nadu. The launch marks the company’s entry into India’s residential BESS (Battery Energy Storage System) market, expanding its business beyond automotive applications. Ola Shakti aims to transform energy access for Indian households, farms, and businesses by offering a portable, on-demand power resource, built using the company’s indigenous 4680 Bharat Cell technology.
Ola Shakti ensures automotive-grade safety, high efficiency, and zero running or maintenance costs. Unlike traditional lead-acid inverters or diesel generators, the system features instant 0 ms changeover, supports an input voltage range of 200V-240V for appliance protection, and uses IP67-rated spill-proof batteries designed for dust, water, and monsoon resilience.
The product will be available in four configurations:
• 1kW / 1.5kWh
• 1kW / 3kWh
• 3kW / 5.2kWh
• 6kW / 9.1kWh
It can power high-demand equipment like air conditioners, refrigerators, induction cookers, farm pumps, and communication devices, offering charging times as low as 2 hours and backup support of up to 1.5 hours at full load. Reservations are open on the Ola Electric website for RS 999.
OLA Electric Mobility is engaged in manufacturing electric vehicles and core EV components, including battery packs, motors, and vehicle frames at its Ola Future Factory.
Indian Oil Corporation Shares Edge Higher; Signs MoU with Maruti Suzuki to Boost Customer Convenience
Indian Oil Corporation (IOC) is currently trading at RS 157.75, up by 0.15 points or 0.10% from its previous close of RS 157.60 on the BSE.
The stock opened at RS 157.25 and recorded an intraday high of RS 158.25 and a low of RS 154.75. A total of 595,423 shares have exchanged hands so far.
The BSE Group ‘A’ stock with a face value of RS 10 has touched a 52-week high of RS 174.45 on 12-Nov-2025 and a 52-week low of RS 110.75 on 03-Mar-2025. Over the past week, the scrip traded between RS 168.80 and RS 154.75. The company now commands a market capitalisation of RS 222056.47 crore.
Shareholding data shows promoters holding 51.50%, while Institutions and Non-Institutions hold 37.70% and 10.80% respectively.
In a major development, IOC and Maruti Suzuki India have signed a Memorandum of Understanding (MoU) to enhance customer convenience. Under the partnership, Maruti Suzuki will establish authorised service facilities at select IndianOil fuel stations across the country. This initiative allows customers to avail scheduled maintenance and minor repairs at the same locations where they refuel, ensuring smoother and more efficient service access.
The collaboration leverages IndianOil’s vast nationwide fuel station network and adds strength to Maruti Suzuki’s existing 5,780+ service touchpoints, offering a ‘one-stop’ solution for car owners and enhancing overall customer experience.
Indian Oil Corporation remains India’s largest enterprise and the highest-ranked Indian firm on the Fortune Global 500 list, with operations spanning the entire hydrocarbon value chain including refining, marketing, pipelines, petrochemicals, gas marketing and E&P.
Beezaasan Explotech Rises on BSE; Completes Export Shipment Worth RS 2.3 Crore
Beezaasan Explotech is currently trading at RS 228.00, up by 3.40 points or 1.51% from its previous closing of RS 224.60 on the BSE.
The stock opened at RS 224.60, and during the session it recorded a high of RS 229.90 and a low of RS 220.00. Around 11,200 shares have been traded so far.
The BSE group ‘M’ stock with a face value of RS 10 has achieved a 52-week high of RS 288.75 on 15-Oct-2025, and a 52-week low of RS 145.65 on 04-Mar-2025.
Over the past week, the stock has seen a high of RS 229.90 and a low of RS 210.00. The company’s current market capitalization stands at RS 286.85 crore.
Promoter holding in the company is at 70.68%, while Institutions hold 6.79% and Non-Institutions hold 22.53% respectively.
Adding to its operational momentum, Beezaasan Explotech has successfully completed an export shipment worth approximately RS 2.3 crore, strengthening its presence in international markets.
The company is engaged in manufacturing and supplying a wide range of explosives and accessories, including cartridge explosives such as slurry explosives, emulsion explosives, and detonating fuse.
Rail Vikas Nigam shares edge higher; secures new East Coast Railway project order
Rail Vikas Nigam Ltd (RVNL) is trading at RS 343.55, up 1.00 points or 0.29% from its previous close of RS 342.55 on the BSE.
The stock opened at RS 343.10 and has so far recorded a high of RS 350.45 and a low of RS 338.05. Around 506,673 shares have been traded on the counter so far.
The BSE ‘A’ group stock with a face value of RS 10 hit a 52-week high of RS 501.55 on 01-Feb-2025 and a 52-week low of RS 295.25 on 07-Apr-2025.
During the last one week, the stock recorded a high of RS 373.00 and a low of RS 338.05. The company currently commands a market capitalization of RS 71,193.01 crore.
Promoter holding in the company stands at 72.84%, while institutional and non-institutional investors hold 11.07% and 16.09%, respectively.
Meanwhile, RVNL has received a Letter of Acceptance (LoA) from East Coast Railway for the establishment of a Wagon POH Workshop with a capacity of 200 units at Kantabanji. The project value (excluding GST) is RS 201.23 crore, and it is scheduled for completion within 18 months.
RVNL operates as an extended arm of the Ministry of Railways, executing a wide range of railway infrastructure projects including new lines, doubling, gauge conversion, electrification, metro systems, workshops, major bridges, cable-stayed bridges, and institutional buildings.
Bharat Forge Shares Edge Higher; Signs MoU with Agile Robots for AI-Driven Automation
Bharat Forge is currently trading at RS 1458.95, up 5.50 points (0.38%) from its previous close of RS 1453.45 on the BSE.
The stock opened at RS 1455.55 and has touched an intraday high of RS 1465.00 and a low of RS 1445.40 so far. A total of 2938 shares have been traded on the counter.
Classified under the BSE ‘A’ group, the stock with a face value of RS 2 has recorded a 52-week high of RS 1506.30 (06-Jan-2026) and a 52-week low of RS 919.10 (07-Apr-2025).
During the past week, the scrip has seen a high of RS 1506.30 and a low of RS 1445.40. The company’s current market capitalization stands at RS 69690.98 crore.
Promoter shareholding is 44.07%, while institutions hold 45.87% and non-institutional investors hold 10.05%.
In a strategic move, Bharat Forge has signed a Memorandum of Understanding (MoU) with Germany-based Agile Robots S.E to jointly explore opportunities in AI-driven robotics and intelligent industrial automation. Leveraging Bharat Forge’s manufacturing expertise and Agile Robots’ advanced automation technology, the collaboration aims to deploy cutting-edge solutions across automotive, healthcare, and consumer electronics sectors. The Indo-German partnership is focused solely on civilian industry and manufacturing.
Under the agreement, both companies will co-develop and offer tailored solutions in manufacturing, industrial CPG, and logistics, including the deployment of existing Agile Robots solutions across India and Southeast Asia. The partnership will also work toward implementing advanced AI and vision-based robotic systems to support the concept of fully autonomous “dark factories.”
Bharat Forge is a leading manufacturer of close die and open die forgings, crankshafts, front axle beams, steering knuckles, connecting rods, rocker arms, and other engineered components.
Sunrakshakk Industries India Rises on Bourse as New Guwahati FMCG Plant Goes Live
Sunrakshakk Industries India traded at RS 207.50, gaining 4.75 points (2.34%) from its previous close of RS 202.75 on the BSE.
The stock opened at RS 206.90, touching an intraday high of RS 207.95 and a low of RS 206.90. A total of 705 shares were exchanged on the counter so far.
The BSE group ‘X’ scrip, with a face value of RS 2, recorded a 52-week high of RS 288.75 (16-Jun-2025) and a 52-week low of RS 133.26 (28-Jan-2025). For the past week, the stock traded between RS 209.90 and RS 202.25. The company currently commands a market capitalization of RS 628.66 crore.
Promoters hold 69.66% stake in the company, while Non-Institutional investors possess the remaining 30.34%.
On the operational front, Sunrakshakk Industries India has commenced production at its newly established FMCG manufacturing facility in Guwahati, Assam. The unit begins with an installed capacity of 2,160 MT/month for Soap Noodles and 1,000 MT/month for Cosmetics, boosting the company’s operational capability in FMCG and FMCG Intermediate segments.
The Guwahati plant complements existing facilities in Bhilwara and Roorkee, strengthening the company’s Pan-India FMCG manufacturing footprint. This multi-location setup supports better production planning, cost optimization, and cross-facility synergies, enabling scalable expansion and improving visibility on future revenues as capacities ramp up.
The company’s ongoing FMCG expansion across Guwahati, Bhilwara, and Roorkee aligns with its medium-term growth strategy involving capacity additions, product diversification, and wider geographic presence. Sunrakshakk Industries India remains on track to achieve its stated target of around RS 1,000 crore in revenues by FY28.
Formerly known as AK Spintex, Sunrakshakk Industries India is a diversified manufacturing firm transitioning from its textile heritage into high-growth FMCG and FMCG Intermediate chemical segments.
Neopolitan Pizza and Foods Gains Over 10% on BSE; Signs New Franchise Deals in Ahmedabad
Neopolitan Pizza and Foods is currently trading at RS 12.88, up by 1.23 points or 10.56% from its previous close of RS 11.65 on the BSE.
The stock opened at RS 12.12 and touched a high of RS 13.00 and a low of RS 12.12 so far. Nearly 42,000 shares have been traded on the counter.
The BSE group ‘M’ stock with a face value of RS 10 hit a 52-week high of RS 21.00 on 31-Jan-2025 and a 52-week low of RS 9.36 on 27-Nov-2025.
During the past week, the scrip recorded a high of RS 13.00 and a low of RS 10.50. The company currently holds a market capitalization of RS 21.90 crore.
Promoters hold 47.03%, while Non-Institutional investors hold 52.97% of the company’s shareholding.
Separately, Neopolitan Pizza and Foods has signed three new franchise locations in Ahmedabad, further expanding its presence in Gujarat. The move supports its long-term strategy to scale its organized QSR (Quick Service Restaurant) and food retail business across key urban and semi-urban markets in India. Ahmedabad, one of western India’s fastest-growing food consumption hubs, remains a priority market for the brand.
The upcoming franchise outlets will be set up in prime catchment areas and are expected to serve rising demand for standardized, affordable, and quality food products under the Neopolitan Pizza brand, maintaining the company’s defined operational and quality standards.
Neopolitan Pizza and Foods operates in the restaurant business and agricultural commodity trading sector.
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