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Nomura becomes latest brokerage to cut PB Fintech share price target by 31%

Nomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The brokerage lowered

October 9, 2026

Poonawalla Fincorp Q2 profit skyrockets 407% YoY to Rs 375 crore

Poonawalla Fincorp reported a 407% year-on-year surge in Q2FY27 profit to Rs 375 crore, while net interest income rose 81%. Operating profit more than doubled,

October 9, 2026

Anand Rathi Wealth Q2 profit rises 22% to Rs 122 crore; co declares dividend

Anand Rathi Wealth reported a 22% year-on-year rise in Q2 business profit to Rs 122 crore, with revenue increasing 16%. Assets under management reached Rs

October 9, 2026

Adani Power shares: GQG Partners-managed entities cut stake to 5.72%

GQG Partners entities sold 50.39 lakh Adani Power shares through on-market transactions, reducing their combined stake to 5.72% from 5.74%. The disclosure comes as the

October 9, 2026

Half of India’s MTF book is in smallcaps; Nithin Kamath flags liquidity risks

Zerodha founder Nithin Kamath warned that small and microcap stocks account for a substantial share of India’s margin trading facility book. He highlighted liquidity risks

October 9, 2026

How India’s wealth portfolios are evolving, says Tata AMC’s Anand Vardarajan

Tata Asset Management CEO Anand Vardarajan highlights how passive funds, SIFs and GIFT City are reshaping wealth management. He advocates combining active and passive strategies

October 9, 2026

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