Browsing Tag
ICRA
13 posts
Canara HSBC Life (CANHLIFE) VNB rises 24% as traditional insurance products gain market share
Canara HSBC Life Insurance reported stronger premium growth and improved new business profitability in the first half of FY2027, supported by a shift toward traditional savings and protection products. However, rising distribution expenses, declining solvency headroom and proposed insurance commission reforms present important tests for its next phase of growth.
Manipal Health IPO tests India’s appetite for hospital-chain expansion at $8bn valuation
Manipal Health Enterprises’ ₹9,275 crore IPO will test whether public investors are ready to pay a premium for hospital scale, acquisition-led growth and India’s rising demand for private healthcare.
Vedanta (VEDL) enters demerger phase after FY26 profit rises 22% to $2.8bn
Vedanta’s profit hit a record as its demerger begins. The bigger test is whether sharper businesses can sustain investor confidence.
UltraTech Cement (NSE: ULTRACEMCO) tops Nifty after 200 MTPA milestone, Rs 240 dividend
UltraTech crossed 200 MTPA and paid a ₹240 special dividend, but petcoke at USD 153 is the test FY27 margins must survive before the rerating sticks.
Mahindra & Mahindra (NSE: M&M) lights up Nifty after 42% Q4 PAT surge
M&M is trading 16% below its peak after a 42% Q4 PAT jump and 16-model FY31 roadmap. The real question is whether the FY27 base effect breaks the rerating.
Ganesha Ecosphere (GANECOS): India’s rPET mandate kicks in and the stock has already moved 42%
India's largest PET bottle recycler hit the upper circuit on April 1, 2026, the day the government's mandatory 40% recycled content rule for food-contact packaging took effect. GANECOS has gained more than 42% in four sessions from a 52-week low. The next question for investors is whether the regulatory tailwind translates into earnings recovery, or whether the stock has already priced in most of the good news.
Petrol duty slashed to Rs 3, diesel to zero as Hormuz crisis hits India’s energy bill
India's Finance Ministry has cut excise duty on petrol to Rs 3 per litre and eliminated it on diesel entirely, effective 26 March 2026, as the US-Israel war on Iran pushes international crude prices up by nearly 50 per cent and disrupts Strait of Hormuz supply flows.
Fuel up 85%, Gulf closed: India airlines face worst summer since Covid as DGCA trims 2026 schedule
Indian airlines will operate 23,049 weekly flights in summer 2026, down 10% from 2025, as West Asia conflict closes Gulf airspace and jet fuel costs surge 85% in March.
Can Fin Homes FY25 profit surges 14% to Rs 857cr, dividend raised to Rs 12 as FIIs increase stake
Can Fin Homes FY25 profit jumps 14% to ₹857 crore. Explore dividend payout, stock trends, FII flows, and why analysts are bullish on this housing finance stock.
IIFL Finance NCDs snapped up in frenzy—Rs 475cr raised in just three days
IIFL Finance’s ₹500 crore NCD issue closed early after 4.75x oversubscription. Find out what drove investor demand and what it means for the NBFC sector.