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HDFC Life expects to outperform the life insurance industry in H1 FY26, even as sector growth slows due to regulatory changes and weak demand. Recovery is expected in H2.
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Spandana Sphoorty Financial will raise up to Rs 400 crore through a rights issue as part of its Rs 750 crore FY26 equity plan. Board meets Friday to finalize terms.
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News and Media
Jaipur-based SK Finance Ltd, a non-banking financial company, on Tuesday reported 27 per cent rise in its loan book to Rs 13,261 crore for FY25, compared to Rs 10,476 crore in the previous year.
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Indian market snapped a 4-day losing streak to close in the green on Tuesday. The BSE Sensex rose more than 300 points while the Nifty50 closed just below 25,200 levels.
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Adani Wilmar (AWL Agri Business) posted a 24% YoY drop in net profit to Rs 236 crore in Q1FY26 despite record revenue of Rs 17,059 crore, up 21% YoY. Volume declines and weaker rice and FMCG segments offset edible oil gains.
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News and Media
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