India’s dominant commodity exchange delivers robust quarter with revenue and profit more than doubling, as options trading and bullion contracts drive unprecedented growth The Multi Commodity Exchange of India (MCX) is riding a powerful wave of trading activity, with the country’s leading commodity platform posting numbers that have left analysts impressed—if not entirely convinced about … Read more
After 12% slide, brokerages spot value in India’s mutual fund registry firm CAMs as yield concerns appear overdone and diversification strategy shows progress The market has been unkind to Computer Age Management Services lately. Down 12% over three months, the stock that powers India’s booming mutual fund industry appeared to have lost favor. But two … Read more
IndusInd Bank’s management promises a return to 1% profitability by 2027—but the path from 0.12% may be uphill If some banks are choosing safety over margins, IndusInd Bank is trying to extinguish a siren. The private lender’s third-quarter results read like a case study in financial firefighting: profits down 89-91% year-over-year, bad loans festering across … Read more
The bank is prioritising safer assets over higher margins Kotak Mahindra Bank finds itself in an unusual predicament: it’s growing faster than most of its rivals, yet analysts are trimming their earnings forecasts. The Mumbai-based lender reported third-quarter profits of ₹3,450 crore, up a modest 4% from last year. At first glance, decent numbers. But … Read more
Green shoots seem to emerge in troubled microfinance portfolio of Bandhan Bank; brokerages are signaling confidence in recovery After a bruising period marked by asset quality deterioration and margin compression, Bandhan Bank appears to be scripting a credible recovery story—one that has caught the attention of leading brokerages who are now turning upbeat on the … Read more
India’s oldest asset manager posted another quarter of shrinking market share. So why did analysts upgrade? UTI Asset Management’s third quarter was a study in contradictions. Reported profit crashed 20% year-on-year to Rs 1.2 billion, but beat Centrum’s estimate of Rs 1.1 billion. Strip out one-time charges, and core profit collapsed 69% to just Rs … Read more
Brokerages have different verdicts on India’s state refiner. One sees 46% upside, the other warns of value traps. The problem with investing in oil refiners is an agreement on what they are actually worth is difficult.Take Hindustan Petroleum Corporation (HPCL), which just reported quarterly earnings that somehow managed to disappoint both bulls and bears simultaneously. … Read more
InterGlobe Aviation’s stock trades at Rs 4,909, with divergent analyst views on its path forward amid capacity constraints and rising costs India’s aviation bellwether IndiGo is navigating choppy skies as operational challenges, regulatory penalties, and cost pressures test the resilience of the country’s dominant airline operator. InterGlobe Aviation reported a muted third quarter for FY26, … Read more