In a quarter defined by scale, discipline and regulatory tailwinds, Muthoot Finance delivered one of its strongest operating performances in recent memory.

IRCTC has delivered a compelling Q3FY26 performance, reaffirming its structural growth trajectory anchored in India’s rail expansion.

IDBI Capital has reiterated its HOLD rating on Tata Steel following a better-than-expected Q3FY26 performance, anchored by robust volume growth in India even as realizations softened.

IDBI Capital Markets & Securities has upgraded its rating on Cera Sanitaryware Ltd.

IDBI Capital Markets has reiterated a BUY call on Sundaram Finance Limited, citing consistent execution, resilient asset quality, and improving profitability across cycles.

Kajaria Ceramics’ Q3FY26 performance reflected a market grappling with weak construction demand, inventory de-stocking, and muted tile volumes, yet profitability resilience stood out.