Performer Financial News

New Delhi: The Centre has issued an order that updates norms for piston rings – a key component of internal combustion engines (ICE) – to help reduce carbon emissions, replacing standards that had been in place since 1977. The new standards came into effect on 10 February, said the order dated 12 February.Experts said the cost impact for most automakers was likely to be limited, as many already follow similar global specifications.

Ather unveiled its new EL platform last year in August on which its future scooters will be built.The EL platform allows the company to a suite of products, ranging from family oriented scooters to sporty performance models, over five years.Ola Electric, dealing with losses and slowing sales, is shrinking its network from about 4,000 stores to around 700, it informed investors in February after the release of its December quarter earnings.Ather is set to double store count to 700 this financial year from 350 in fiscal 2025. A target of at least 1,100 by the end of March 2027 suggests that it would have added 750 stores or more in two years.The latest move by Tarun Mehta-led Ather comes after the Bengaluru company overtook crosstown rival Ola Electric in quarterly revenue, volume sales, and market valuation in the last six months.For two consecutive quarters, Q2 and Q3 FY26, Ather’s total revenue of ₹941 crore and ₹996 crore surpassed Ola Electric’s ₹756 crore and ₹504 crore.Since Ather’s listing in May 2025, the company’s shares have surged by 118% while Ola Electric’ shares have fallen by 51%.

T20 World Cup victory on Sunday night - its second in a row after the 2024 triumph - is already shaping conversations around endorsements for cricketers, with top performers attracting early queries.Companies and industry analysts said the top players are going to see a 30-35% increase in their valuations, with speedster Jasprit Bumrah and skipper Suryakumar Yadav leading the pack. The two cricketers are now said to be charging around ₹6 crore and ₹4 crore per endorsement, respectively, confirmed two experts who did not want to be named.

Bharat Forge Ltd stock hit an all-time high of ₹1,935.50 on Friday. It’s up 24% so far in 2026, making it the best performer in the Nifty Auto index. Ashok Leyland Ltd is a distant second, up 4%.

Mumbai: Sexual wellness brand Bold Care’s first brush with virality was in 2024, when it released a saas bahu style soap opera ad starring actor (and investor) Ranveer Singh, along with adult entertainment star Johnny Sins, for its condoms and other products. Since then, it has been investing in a series of campaigns featuring celebrities and influencers best known for speaking their mind and, sometimes, courting controversy.

Mumbai: The Indian stock markets slumped to their weakest weekly performance in 14 months, after conflict erupted in the Middle East between the US, Israel and Iran on 28 February.Benchmark indices NSE Nifty 50 and BSE Sensex dropped nearly 3% through the week, marking their steepest decline since the week ended 22 December 2024, when markets had corrected over 4% amid concerns over the US Federal Reserve’s hawkish stance and rising bond yields.On Friday, the Nifty 50 fell 1.27% to close at 24,450.45, while the Sensex declined 1.37% to end at 78,918.88, extending their decline following the prior session’s relief rally.Rising crude oil prices and continued selling by foreign portfolio investors (FPIs) weighed on sentiment. Currency weakness added further pressure, with the rupee hitting a record low of 92.1488 against the US dollar on 4 March (Wednesday).Market volatility also spiked during the week, with the India VIX (Volatility Index)—a measure of the market’s expectation of volatility in the Indian stock market over the next 30 days—rising from 13.70 to 19.88, signalling heightened investor nervousness and expectations of larger market swings ahead.To be sure, Indian equities’ fall was milder than several Asian markets.

The fear that artificial intelligence will lead to mass layoffs is spreading. Jack Dorsey, the co-founder of the financial technology firm Block, laid off nearly half of its workforce last week. Citing AI’s labour-saving capabilities, he predicted other companies would soon follow suit: “Within the next year, I believe the majority of companies will reach the same conclusion and make similar structural changes.”As an economist, I disagree with Dorsey’s prediction.

The day after the Union Budget on 1 February, US tariffs on Indian exports fell from 50% to 25%, and further to a promise of 18% through a trade deal. Later, the US Supreme Court verdict against ‘reciprocal’ tariffs resulted in a uniform levy of 10% on all countries, including India, possibly rising to 15%. Wherever it settles, there is some reprieve for labour-intensive export sectors.

Cognizant says it is focusing on designing and executing AI projects better than rivals, rather than relying mainly on price cuts to win business.“So this is something that we are very careful when we first review the deal before we submit our bids. We look at very carefully how the need is constructed, and what is the solution because you don't win some of these deals on price point.

two land acquisitions. It bought 11.36 acres in Gurugram, Haryana, with an estimated revenue potential of more than ₹4,500 crore, strengthening its exposure to the National Capital Region (NCR).

₹5.24 trillion as of January, according to data from the Association of Mutual Funds of India (Amfi). Over the past year, there were 37 new fund offers in these categories, compared with 19 across the broader equity segment.While Sebi permits only one scheme per category in most equity segments, there is currently no limit on the number of sectoral and thematic funds that an AMC can launch. This had led to a surge in offerings built around similar stocks packaged under different narratives.With the 50% cap in place, maintaining multiple differentiated active strategies within a constrained universe may prove difficult.

Mint shows the standards establish common definitions for cloud systems, introduce performance metrics for data centres, and embed ethical considerations within AI system design, formalizing the technical and governance backbone of India’s AI expansion.The standards have been notified under Sub-rule (1) of Rule 15 of the Bureau of Indian Standards (BIS) Rules, 2018. They are Indian Standards derived from international ISO/IEC frameworks.For now, they are not mandatory.

Automobile sales in February were good for almost all sub-segments and companies, but the performance of Tata group companies stood out. Domestic sales of Tata Motors’ commercial vehicles (CV) grew 32.8% year-on-year to 40,893 vehicles, whereas rival Ashok Leyland Ltd’s growth was 28% to 20,314 units.The robust data vindicates statements from CV makers that replacement cycle demand is kicking in. The average fleet age needing a replacement is now 9-10 years versus 7-7.5 years before covid.

Mint explains this breakthrough initiative for patients with severe facial disfigurement and who have exhausted conventional options to restore critical functions such as breathing, eating, and speaking, besides identity and social acceptance; along with accompanying legal and ethical issues.Face transplantation has transitioned from an experimental procedure to an established clinical practice. Successful procedures have been performed in France (the site of the first partial transplant), the US, China, and Turkey.

Schaeffler India Ltd’s shares have risen over 7% after its consolidated Ebitda for the quarter ended December (Q4CY25) jumped 36% year-on-year to ₹506 crore, beating analysts’ estimates.The figure is adjusted for labour code impact. The automobile component manufacturing company’s earnings were supported by a relatively slower pace of growth in employee expenses and raw material costs, even though other expenses grew sharply by 44%.Plus, revenue growth was strong at 28% to ₹2,742 crore, aiding operating leverage and higher localisation, leading to lower import costs.The company follows a January to December financial year.

I recently asked Claude to help me think through the structure of my next book. I already knew where the weak point was—I just wanted to see what Claude would come up with. I was amazed by its response: Claude didn’t just correctly identify the problem.

₹1.31 trillion worth of net inflows over the past one year. While passive investing should be approached in the same disciplined way as any other form of investing, long-term wealth creation should be built around broad market indices rather than thematic passive funds, says Hemen Bhatia, executive director and chief executive officer of Angel One Asset Management Company.In an interview with Mint, the former member of the team at Benchmark AMC that pioneered passive investing in India shares insights into the nuances of investing in passive funds.

Stock market recap: Benchmark domestic indices, the Sensex and the Nifty 50, ended lacklustre on Thursday, 26 February, due to profit booking in select heavyweights, including HDFC Bank and Axis Bank, amid mixed global cues.The Sensex ended 27 points, or 0.03%, lower at 82,248.61, while the Nifty 50 inched up by 14 points, or 0.06%, to settle at 25,496.55.The mid and small-cap segments ended with gains; the BSE 150 MidCap Index clocked a decent gain of 0.55%, while the BSE 250 SmallCap Index rose by 0.07%.The overall market capitalisation of BSE-listed firms increased to ₹468 trillion from ₹467 trillion n the previous session.Two stock recommendations by MarketSmith India:Buy: Fortis Healthcare Ltd(current price: ₹963.65)Buy: Mankind Pharma Ltd (current price: ₹2,280)Nifty 50 performance | 26 FebruaryIndian equities ended on a subdued note on February 26th, with Nifty 50 closing at 25,496.55, up 14.05 points or 0.06%, after oscillating between 25,400.95 and 25,572.95 during the session. The index witnessed intraday volatility but staged a late recovery, indicating buying interest near 25,400, while 25,600 continues to act as an immediate resistance.

A volatile start to the new series has dampened investor sentiment. The indices are struggling to maintain peaks, but steady performance in individual stocks suggests that market participation is shifting away from the benchmarks and toward specific stock-picking.Buy above ₹1770, stop ₹1705, target ₹1925 (multiday)Buy above ₹160, stop ₹153, target ₹174 (multiday)Buy above ₹1350, stop ₹1290, target ₹1480 (multiday)Why it’s recommended: Technical trends indicate that after a powerful rally driven by Q3 FY26 net profits jumping 37% to ₹813 crore, the stock entered a brief healthy consolidation.

Stock market recap: Benchmark domestic indices, the Sensex and the Nifty 50, ended higher on Wednesday, 25 February, tracking positive global cues. However, losses in shares of select heavyweights, such as Reliance Industries Ltd and State Bank of India, capped gains.The Sensex finished at 82,276.07, up 50 points, or 0.06%, while the Nifty 50 closed 58 points, or 0.23%, higher at 25,482.50.The mid and small-cap segments, on the other hand, ended with decent gains.

investment horizon is limited.For instance, a systematic investment plan (SIP) in the Nifty 50 started in January 2012 delivered a five-year return of about 9% per annum, but a seven-year return of roughly 12% per annum. Over longer holding periods, these fluctuations tend to smooth out. The same SIP has generated annual average returns of around 14% over 10–15-year periods.