Market

The company’s market valuation stood at Rs 3,435.68 crore. Source

Rupee closes at 85.64 against USD, supported by equities and capital inflows, impacted by global factors. Source

Global oil benchmark Brent crude went up 0.04 per cent to USD 73.22 a barrel. Source

SBI Chairman presents ₹8,076.84 crore dividend cheque to Finance Minister Nirmala Sitharaman for FY 2024-25. Source

Consolidated net profit rose to ₹25 crore for the quarter ended March 31, up from ₹16.7 crore a year earlier, the company said in a statement. Revenue from operations grew 1.8% to ₹377.5 crore, compared with ₹371 crore in the same period last year. Source

Chennai-based Lalithaa Jewellery Mart files for ₹1,700 crore IPO with fresh issue and offer-for-sale, employee reservation and discount. Source

The agreement, announced in a press release on Wednesday, marks a formalisation of an earlier collaboration announced in September 2024. The JV will focus on converting organic biomass waste into CBG, a clean and renewable energy source, through advanced waste-to-energy technologies. Source

Equity indices Sensex and Nifty rise on positive global cues, foreign fund inflows; market likely to consolidate. Source

Tamilnad Mercantile Bank reported a 15.3% YoY rise in net profit for Q4 2025 at ₹291.9 crore. Asset quality improved with GNPA at 1.25%. Shares of Tamilnad Mercantile Bank Ltd ended at ₹441.55, down by ₹6.45, or 1.44%, on the BSE Source

Rupee strengthens against US dollar on positive equity markets and foreign inflows, but capped by global factors. Source