Novelis Inc., a Hindalco subsidiary, reported a 27% year-on-year net income growth to $163 million for the September quarter, despite a fire at its Oswego plant. Net sales rose 10% to $4.7 billion, driven by higher aluminum prices, though adjusted EBITDA declined 9% due to tariff impacts and scrap prices.

Berger Paints India reported a 23% drop in September quarter profit. Extended monsoon rains affected demand. Revenue saw a slight increase. The company expects demand to pick up after Diwali. Improved weather and pent-up demand are anticipated. Raw material prices are also expected to aid gross margins.

Bajaj Financial Securities has acquired a stake in customer data platform Lemnisk through a secondary transaction, offering partial exits to early investors like growX Ventures. The deal highlights the growing demand for real-time customer data platforms and AI-driven personalization among Indian enterprises. Investors maintain their stakes, underscoring continued confidence in Lemnisk s long-term potential.

NSE Q2 Results: India s leading exchange NSE reported a consolidated net profit of Rs 2,098 crore in the September ended quarter, down 33% from Rs 3,137 crore reported in the year ago period. Company s revenue from operations in the quarter under review stood at Rs 3,677 crore, down 18% from Rs 4,510 crore in the corresponding quarter of the last financial year.

Fitch Ratings has upgraded its outlook for Adani Ports and Adani Energy Solutions to stable. The agency believes contagion risks for these Adani group companies have eased. Fitch maintained the BBB- rating for both companies and Adani Electricity Mumbai. The Adani group has shown access to diverse funding sources. Investments are continuing with capital expenditure picking up.

Ten Nifty500 firms, including Indian Oil, PVR Inox, Wockhardt, and IIFL Finance, swung from losses to profits in the September 2025 quarter, signaling strong recoveries and improving operational performance.

Lenskart s IPO garnered immense investor interest, attracting bids exceeding Rs 1 lakh crore and subscribing 26.4 times. Strong demand from institutional buyers, HNIs, and retail investors underscored confidence in the eyewear retailer s growth potential and dominant market position, despite valuation concerns.

IndiGo Q2 Results: Aviation major IndiGo slipped into a loss of Rs 2,582 crore in the September quarter as against a profit of Rs 2,176 crore in the preceding June quarter. However, when compared with the year-ago period, the airline s loss widened from Rs 987 crore.

Brokerage house Angel One on Tuesday settled a case of alleged disclosure lapses with markets regulator Sebi by paying Rs 34.57 lakh.

The Indian rupee made a modest comeback, strengthening by 11 paise to reach 88.66 against the dollar as falling global crude oil prices offered some relief. Nevertheless, the strength of the dollar alongside the withdrawal of foreign investments kept the rupee in check. The domestic stock markets also faced a setback during this period.