Performer Financial News

Subscribe to enjoy similar stories.Hindustan Unilever Ltd (HUL) ended FY26 on a good note, clocking an underlying volume growth of 6% for the three months through March (Q4FY26), a multi-quarter high, supported by steady demand across both rural and urban markets. The improvement is notable, with volume growth rising from 4% in Q3 after a muted Q2, when volumes were broadly flat. The company expects FY27 to be stronger than FY26, driven by portfolio shifts and channel transformation.The durability of this recovery, however, will be tested in the coming quarters.

Subscribe to enjoy similar stories.For years, the only way to get workstation-class performance in a portable form factor was to buy a gaming laptop. You put up with the aggressive "gamer" aesthetics—the neon RGB lighting and the bulky, tank-like chassis—because that was the only way to get the necessary horsepower.Today, that category is being quietly rewritten as hardware makers recognise that a growing share of their most demanding users aren’t gamers at all—they’re creators.And this isn’t just a marketing pivot.During a recent conversation with Paramjeet Singh Mehta, Product and Marketing Head for Consumer PC & Gaming at ASUS India, the scale of this transition became clear.

Subscribe to enjoy similar stories.Talk of the Indian rupee at 100 to the dollar is back. The currency has been among the worst performers globally since 2025, and 2026 hasn’t offered much relief. It has continued to weaken, even as the 95 level against the US dollar holds, for now.The rupee on Thursday settled at 94.84 against the dollar, up 4 paise on the day—little to change the broader direction.

Subscribe to enjoy similar stories.Indian equities ended the holiday-truncated week only marginally higher, as stalled talks between the US and Iran and president Donald Trump's rejection of Tehran's proposal to remove the blockade of Hormuz pushed crude prices to a three-year high of $126 per barrel.Still, benchmark indices posted their best monthly show in nearly three years in a relief rally, as investors piled into beaten-down stocks after US and Iran announced a ceasefire early in April following more than a month of conflict.Surging crude prices pushed the rupee to a record low of 95.32 against the US dollar, sparking concerns that a fragile West Asia truce could unravel, intensifying inflationary and margin pressures. The weakening currency also accelerated foreign outflows, further dampening market sentiment.The Nifty 50 slipped 0.3% to 23,997.55, while the Sensex fell 0.8% to 76,913.5 on Thursday amid geopolitical concerns.

Subscribe to enjoy similar stories.The government is set to roll out the third iteration of the Panchayat Advancement Index (PAI) in May, strengthening its push for evidence-based planning at the grassroots level, said Sushil Kumar Lohani, additional secretary in the ministry of panchayati raj.PAI, first launched for 2022-23, is a composite index to assess the performance and progress of gram panchayats across India by using socio-economic indicators, identifying development gaps and supporting evidence-based planning. The introduction of PAI 3.0 for 2025-26 is expected to transform rural areas by enhancing service delivery, infrastructure and livelihoods.With about 65% of India’s population living in the rural areas, PAI could significantly improve transparency and accountability, ultimately transforming living standards and accelerating inclusive growth across almost 665,000 villages.The updated index builds on earlier versions that have already been adopted by several states as a core planning tool.

Subscribe to enjoy similar stories.Maruti Suzuki India’s stock rose 5% to ₹13,512 on Wednesday as investors prioritised the company's strong operating performance in the March quarter (Q4FY26) over a 7% year-on-year drop in net profit to ₹3,591 crore.It should be noted that Maruti’s Q4FY26 profitability per vehicle held up well despite the pressure from higher raw material costs, particularly steel. Ebitda per vehicle fell just 1.4% sequentially to ₹91,050 as the average selling price (ASP) rose 4% quarter-on-quarter to ₹7.76 lakh per unit.On the other hand, Q4FY26 domestic sales volumes announced at the start of April were disappointing.

Subscribe to enjoy similar stories.China emerged largely unscathed at a time when the West Asia war battered nearly every major emerging market economy through higher energy prices and their ripple effects. The dragon retained its top rank on Mint’s Emerging Markets Tracker (EMT) for March 2026.India, by contrast, slipped three places to sixth as the conflict intensified rupee depreciation, foreign outflows and export weakness.The divergence underscores a widening gap in external-sector stability.

Subscribe to enjoy similar stories.Hindustan Zinc's robust March quarter (Q4FY26) performance, aided by the sharp rally in silver and zinc prices, masks an underlying vulnerability: its limited capacity for further production growth.Silver production at 627 tonnes was lower year-on-year in FY26, missing the guidance of 705 tonnes. FY27 guidance is 685 tonnes. Refined metals (zinc plus lead) production of 1.05 million tonnes (mt) in FY26 also missed guidance, and was lower year-on-year.

Subscribe to enjoy similar stories.In the past few years, the question most people asked about artificial intelligence (AI) has seemed deceptively simple: which model is best. By 2026, it had dissolved into something more nuanced. The operative question now is combinatorial: which mix is right for you.

Subscribe to enjoy similar stories.Reliance Industries Ltd’s (RIL) consolidated Ebitda inched up just 0.7% year-on-year to ₹44,141 crore in the March quarter (Q4FY26). Ordinarily, that wouldn’t cheer investors—but given the impact of the West Asia war on the O2C (oil-to-chemicals) segment, it is a reasonably good outcome.The O2C business, which contributed one-third of RIL’s total Ebitda in the quarter, faced crude availability constraints and a surge in costs such as freight and insurance.

Subscribe to enjoy similar stories.Stock market recap: The Indian stock market selloff extended to the third straight session on Friday, 24 April, with the benchmarks — the Sensex and the Nifty 50 — crashing by over 1% each.The 30-share pack tumbled 1,000 points, or 1.29%, to end at 76,664, while the Nifty 50 plunged by 275 points, or 1.14%, to close at 23,898. The Nifty Midcap 100 index fell 0.96%, while the Smallcap 100 index dropped 0.87%.VTL (Cmp ₹590.05) POLYPLEX (Cmp ₹889.65) On 24 April 2026, Indian equity markets witnessed a sharp sell-off, with benchmarks tumbling under heavy pressure from global and domestic headwinds.

Subscribe to enjoy similar stories.From fertilizer production falling to near five-year low in March, to foodgrain stocks surging to nearly three times the mandated buffer, to rural patients spending more than urban counterparts at government hospitals, to major IT firms declaring their FY26 earnings — here is a compilation of this week's news in numbers.India's fertilizer production fell to a near five-year low in March. Shortages of inputs, such as liquefied natural gas and sulphur, caused by the war in West Asia, dragged output down by 24.6% year-on-year.

Subscribe to enjoy similar stories.Meta Platforms just offered a glimpse at what it thinks the future of work looks like: training and supervising artificial-intelligence systems to do what used to be your job. And that’s if you still have a job at all.The social-media company has been unusually aggressive, even by the standards of Silicon Valley, at pushing to incorporate AI into its employees’ workflows and using it to streamline and accelerate its operations.Already this year, it has started grading employees in performance reviews on their AI use; created ultraflat teams with almost no managers; and begun to develop a so-called CEO agent to assist Chief Executive Officer Mark Zuckerberg in performing his job.

Subscribe to enjoy similar stories.New Delhi: Motorcycle manufacturer Classic Legends Private Ltd is betting on new products to sustain its recent growth momentum after years of muted sales, as it seeks to challenge the dominance of Royal Enfield in India’s premium motorcycle market.The Mumbai-based premium bike brand, a subsidiary of the Mahindra Group, introduced two motorcycles on Thursday, which comes nearly a year after it committed to a series of premium bike launches. This was the company's first launch for financial year 2027.Classic Legends’ efforts to return to a growth trajectory come at a time when Mahindra has identified the company as a potential growth driver.Anupam Thareja, co-founder of Classic Legends, said the new motorcycles with 350cc and 650cc engine capacities will be positioned as "SUVs" of bikes."I have always believed that scramblers will redefine Indian riding culture the way SUVs (sports utility vehicles) redefined passenger four-wheelers.

Subscribe to enjoy similar stories.MUMBAI: Bigger is proving to be a handicap for portfolio management services (PMS), with five of six large schemes analysed—each managing over ₹5,000 crore—seeing performance decline after crossing that size, an analysis by Mint shows.PMS are customized investment portfolios for high-net-worth investors, with a minimum investment of ₹50 lakh, typically built around a concentrated set of stocks.The pattern points to a structural constraint: as PMS strategies scale, deploying larger sums into high-conviction small- and mid-cap ideas becomes harder without moving prices, compressing alpha.There are 15 equity PMS schemes with assets above ₹5,000 crore as of March 2026, according to data from the Association of Portfolio Managers of India (Apmi). Of these, six schemes were analysed as they manage domestic money and invest directly in stocks.

Subscribe to enjoy similar stories.Stock market recap: Equity markets staged a robust recovery on Tuesday, as benchmark indices rebounded from volatility to finish with healthy gains. The Nifty 50 index closed at 24,576.60, up 211.75 points (0.87%), while BSE Sensex mirrored this strength, surging more than 600 points to settle above 79,100. Market sentiment was bolstered by easing crude oil prices and renewed optimism surrounding potential US-Iran diplomatic talks, which helped temper regional geopolitical concerns.

Subscribe to enjoy similar stories.Velmurugan J., a hospitality sector executive from Kulithalai town near Karur, considers himself lucky. He decided to attend actor Joseph Vijay’s political rally in Karur on 27 September last year, urged on by his colleague who was a die-hard fan of the star.By noon, they reached Velusamypuram, the venue of the meeting on the Karur-Erode highway, and took a vantage position near a generator shed. The crowd was swelling and the Tamilaga Vettri Kazhagam (TVK) leader’s arrival was delayed.

Subscribe to enjoy similar stories.India’s equity market is undergoing a quiet but meaningful structural shift, where market leadership is steadily widening beyond traditional heavyweight conglomerates. While large business groups continue to dominate in absolute terms, their grip on overall market capitalization is loosening as gains spread across sectors, mid-sized firms and new-age businesses.A Mint analysis of 10 leading business groups by market capitalization shows their combined share in India’s total market value has steadily declined over the past few years—from 31.4% in FY22 to 25.3% in FY25 and further to 24% in FY26.

Subscribe to enjoy similar stories.Mumbai: Last week’s euphoria on Dalal Street appears to have cooled, even as global indices outperformed Indian benchmarks. While optimism around US–Iran peace talks lent support, investor activity remained selective, driven more by stock- and sector-specific bets than broad-based momentum.The Nifty 50 and Sensex rose over 1% this week, extending gains after last week’s near 6% surge—their strongest in over five years—but the pace has now moderated.

Subscribe to enjoy similar stories.HDFC Bank and ICICI Bank will kick off the banking sector’s March-quarter earnings season on Saturday, with brokerages expecting a stable performance but watching closely for management commentary on margins, growth and macroeconomic risks from the West Asia war.For HDFC Bank, the spotlight will be on leadership developments following the exit of former part-time chairman Atanu Chakraborty on 18 March. Chakraborty had resigned with immediate effect from the board, citing “certain happenings and practices within the bank” that were “not in congruence” with his personal values and ethics, prompting questions on oversight and internal controls at trhe country's largest private bank.Following his resignation, HDFC Bank, in a late-night announcement, said the Reserve Bank of India (RBI) had approved the appointment of board member and HDFC Group veteran Keki Mistry as an interim part-time chairman for three months from 19 March.

Subscribe to enjoy similar stories.Mutual fund investors, especially those who entered the market after 2020, are now facing an unfamiliar situation. For investors who entered the market post-Covid, investing in mutual funds looked so easy, with little worry about drawdowns and consistent annual profits between 2020 and 2024. Investors buying mutual funds had a good experience, which gave them confidence to significantly scale up their investments based on near-term past performance.This ramp-up happened very quickly as they added more money and generated returns for four successive years.