- Resonance Specialties part of the Ipca Laboratories Ltd group, reported 124% rise in Q3FY26 PAT to Rs.2.51 cr. Promoters hold 54.25% and the company remains debt free with scope for potential re-rating.
- Uniparts India tax demand of Rs.25.8 crore fully deleted after the Income Tax department issued a rectification order for AY24-25. The order received on 17/04/26 removes a potential financial liability for the company, easing balance sheet pressure. Impact Positive
- BHEL posted strong FY26 performance with revenue around Rs.32,350 cr., rising about 18% YoY. Order inflows remained robust at around Rs.75,000 cr. during FY26, taking the total order book to about Rs.2.4 lakh cr. The power segment contributed around Rs.59,000 cr. of orders while industrial segment orders stood near Rs.16,000 cr. It also commissioned around 8.9 GW capacity during the year. Impact Positive
- Aditya Birla Real Estate clarified that the reported Rs.3,000 cr. JV with M S Ramaiah Realty is not a new development and had already been disclosed in March 2022. It added that Birla Trimaya Phase 4 recorded bookings of about Rs.650 cr. Impact Neutral.
- Iran warned it may restrict the Strait of Hormuz again if the US naval blockade continues, calling it a violation of ceasefire terms. Limited vessel movement may be allowed under strict conditions with military ships banned and only approved commercial cargo permitted. The development raises concerns over a key global oil route. Impact Negative.
- Adani Power had its credit ratings reaffirmed by ICRA with AA/Stable and A1+ ratings covering facilities of around Rs.69,000 cr. The ratings apply to term loans, bank guarantees and NCDs, reflecting a stable credit profile and strong financial position. Impact Positive.
