Apollo Hospitals shares: The company posted a 26% YoY rise in Q2FY26 profit to ₹477 crore, led by robust growth across its hospital, diagnostics, and digital health verticals. Revenue grew 13% to ₹6,304 crore, driven by higher patient volumes and improved margins.

Cummins India s shares are poised for action after the company reported a strong September quarter with profit after tax up 42% year-on-year to Rs 638 crore. Driven by broad-based growth in domestic and export markets, total sales surged 28% YoY to Rs 3,122 crore. The company remains cautiously optimistic despite global uncertainties.

TVS Motor Company is selling its stake in Rapido for Rs 287.93 crore. This marks a strategic exit from the bike-taxi aggregator. The deal involves selling shares to Accel India VIII and MIH Investments One BV. TVS Motor had partnered with Rapido in 2022. This divestment occurs as Rapido s shareholder mix changes.

Amber Enterprises shares slumped up to 13% after the company reported a consolidated net loss of Rs 32 crore in Q2FY26, compared to a profit last year, with revenue slipping 2% and EBITDA down 19%. Higher financing costs, elevated inventories and JV losses weighed on performance. Despite challenges, H1 revenue grew 25%. The stock was trading 12% lower at Rs 6,900.

Groww’s IPO saw 1.64x subscription by Day 2, driven by strong retail demand. GMP slipped to 11% as analysts maintained bullish views citing strong fundamentals and long-term growth potential.

Tesla shareholders overwhelmingly approved Elon Musk s record-breaking $878 billion pay package, endorsing his ambitious AI and robotics vision. The vote allows Musk to pursue self-driving cars, a robotaxi network, and humanoid robots, despite concerns over his political rhetoric and potential conflicts with his xAI startup. This approval is seen as crucial for Tesla s future valuation and Musk s continued leadership.

Markets are reacting to private data as economic figures are scarce due to the US government shutdown. Job cuts are rising, particularly in technology and warehousing. Concerns about high tech valuations are also unsettling investors. Meanwhile, Federal Reserve officials are weighing inflation risks against labor market strength. Oil prices are seeing increased supply.

Indian markets saw a slight dip on Thursday. Key companies like Infosys, Apollo Hospitals, and Airtel are in focus due to corporate news and earnings. Infosys announced its record date for a large share buyback. Apollo Hospitals reported strong profit growth. LIC also posted a significant rise in net profit. Singtel plans to sell a stake in Bharti Airtel.

The Securities and Exchange Board of India (Sebi) is set to simplify IPO processes by reducing offer document summary content and streamlining procedures for companies with pre-IPO pledged shares. Chairman Tuhin Kanta Pandey stated these changes aim to encourage informed investor feedback and prevent listing delays.

Life Insurance Corp, or LIC, saw its September quarter profit jump 31% to over ₹10,000 crore. This growth was fueled by its core business and improved margins. While premium growth faced a temporary dip due to GST benefits, LIC anticipates a strong second half. The company is focusing on profitable products and passing on GST benefits to customers.