📍 EARNINGS

• Marico: The FMCG major reported a consolidated net profit of ₹447 crore for Q3FY26, up from ₹399 crore in the same period last year.
• Axis Bank: Shares remained in focus as upbeat earnings performance continued to support market momentum and investor optimism.
• Maruti Suzuki: The company is scheduled to release its Q3 FY26 results today; analysts expect revenue of approximately ₹514.20 billion with earnings of ₹144.25 per share.

📍 ORDER WIN

• RVNL: The company emerged as the lowest bidder (L1) for a project worth ₹242 crore from South Central Railway.
• ABB India: Secured major orders from Titagarh Rail to supply propulsion systems and equipment for multiple six-car trainsets.
• RailTel: Disclosed a series of order wins totaling over ₹450 crore across the Defence and Railway sectors, including a ₹140.71 crore contract from the Ministry of Defence.

📍 STRATEGIC PACT

• ONGC: Its joint ventures signed a pact with Samsung Heavy Industries for the construction of Very Large Ethane Carriers (VLECs).
• Adani Defence & Aerospace: Signed a Memorandum of Understanding (MoU) with Brazil’s Embraer to assemble regional transport aircraft and build an aerospace ecosystem in India.
• BPCL: Inked an agreement with GMR Hyderabad International Airport to construct a dedicated 56-km Aviation Turbine Fuel (ATF) pipeline.
• Titagarh Rail: Partnered with ABB India to deliver advanced propulsion systems for 25kV metro trains.

📍 REGULATORY

• Torrent Pharma: The company's Dahej manufacturing facility received a clean report from the USFDA with zero observations following a recent inspection.
• Info Edge: Forensic experts submitted their findings regarding the 99acres whistle-blower matter; the company has begun implementing remedial actions.
• Entero Healthcare: The drug license for the company's arm, Atreja’s, has been temporarily suspended for three days by the Karnal Drug Authority.

📍 INVESTMENTS & EXPANSION

• LIC: The insurance giant subscribed to Bajaj Finance debentures worth ₹5,120 crore to be used for general corporate purposes.
• TCS: Announced an investment of ₹3.3 billion to build its largest delivery centre in Londrina, Brazil, which is expected to create 1,600 jobs.
• Bikaji Foods: Approved an investment of ₹50 crore in its retail arm and a new joint venture to expand into the frozen and bakery business under "Bikaji Bakes."

📍 CORPORATE ACTION

• Swan Corp: Approved a significant related-party transaction of ₹3,500 crore with its subsidiary, Swan Defence and Heavy Industries.
• Avenue Supermarts (D-Mart): The retail chain opened a new store in Tamil Nadu, taking its total nationwide store count to 445.
• Dividends: Shares of KEI Industries, KPI Green Energy, K.P. Energy, and Wendt (India) turned ex-dividend today for their respective interim payouts.

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

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