NEW DELHI – REC Limited, the Maharatna public sector power financier, reported a stable yet muted third-quarter (Q3FY26) performance on Thursday, January 29, 2026. While the company maintained its streak of rewarding shareholders with a third interim dividend, its bottom line faced a “plateau” effect, with net profit remaining virtually flat year-on-year (YoY) and witnessing […]

MUMBAI – Shares of South Indian Bank (SIB) plummeted over 14% on Friday, January 30, 2026, marking the stock’s steepest single-day decline in nearly eight years. The massive sell-off was triggered by the sudden announcement that the bank’s Managing Director and CEO, PR Seshadri, will not seek reappointment when his current term expires on September

MUMBAI – In a dramatic reversal of fortune, shares of billionaire Anil Agarwal’s flagship, Vedanta Limited, plunged as much as 8.34% on Friday, January 30, 2026. The sharp decline snapped a six-day winning streak and saw the stock hit an intraday low of ₹702.40 on the National Stock Exchange (NSE). The crash comes as a

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