CARE Ratings

Dredging Corporation set an ambitious target of achieving a turnover of ₹1,500 crore during the financial year 2026-27.

According to BSE bulk deal data, the investor Vallabh Roopchand Bhanshali purchased 2 million equity shares of Sunflag Iron & Steel for ₹60 crore.

The NBFC received RBI approval for the proposed investment by Avenir Investment RSC Ltd, under which the investor will subscribe to Sammaan Capital's equity shares through a preferential issue.

However, at current levels, MOFSL, CDSL, KFIN Technologies, Nuvama Wealth Management, CAMS and Angel One quote up to 26 to 36 per cent lower when compared to their respective 52-week highs.

The bank has seen improvement in asset quality parameters with lower incremental slippages, leading to lower credit costs

The company said decrease in revenue from operations during Q3FY26 is due to lower sales of PI and Artificial Sweeteners.

In the past one month, Gujarat Ambuja Exports stock has rallied 18 per cent, as against 1.7 per cent decline in the BSE Sensex.

Shriram Finance expects fresh NCD pricing to fall 30-40 bps and slip below 8 per cent after its AAA upgrade, but it may delay fund-raising as MUFG's $4.4 billion capital is awaited

Care Ratings upgraded Shriram Finance's NCD and subordinated debt ratings to AAA and reaffirmed its commercial paper rating at Care A1+, citing FY25 and H1FY26 performance

Considering the moderation in slippage ratio and adequate PCR, CareEdge Ratings anticipates the Karur Vysya Bank's asset quality to remain stable in the medium term.

The stock price of Navin Fluorine, a specialty chemicals maker, was quoting higher for the third straight day, surging 9 per cent during the period.

State-owned Punjab & Sind Bank has said CARE Ratings has upgraded ratings on tier-II bonds by a notch, citing improvement in profitability and decline in bad loans. The rating has been upgraded from CARE AA- with Positive outlook to CARE AA with Stable outlook, the bank has said in a regulatory filing. The bank has secured rating upgrades for tier II bonds worth Rs 1,237 crore. The rating revision to the debt instruments of Punjab and Sind Bank (PSB) considers the improvement in profitability in FY25 and better asset quality aided by recoveries and lower incremental slippages, CARE Ratings said in a statement. The rating continues to favourably factor in majority ownership of and demonstrated support from Government of India (GoI), comfortable capitalisation levels supported by multiple equity infusions and accretion of profits, and established presence in northern states of India, it said. PSB is expected to sustain growth in business while maintaining adequate capitalisation and

GMR Airports stock outlook: CareEdge Ratings projects a robust 9% CAGR in air passenger traffic over FY25- FY27, with international traffic growth expected to outpace domestic growth.

The tribunal said Sebi caused reputational and financial damage to Mokashi and wasted judicial time, while ignoring Justice BN Srikrishna's exoneration in the ratings case

Aadhar Housing Finance has said CARE has upgraded the rating of the company's long-term bank facility and non-convertible debentures (NCDs) by a notch. The rating agency has improved rating to CARE AA+ from CARE AA, Aadhar Housing Finance said in a statement on Tuesday. The outlook has been kept stable, it said. For the fourth quarter ended March 2025, Aadhar Housing Finance reported a 21 per cent rise in net profit to Rs 245 crore as against Rs 202 crore in the same quarter a year ago. Total income during the quarter under review rose to Rs 834 crore from Rs 692 crore in the year-ago period.

Among the said list of companies, automaker Swaraj Engines has declared the highest dividend, announcing a final dividend of ₹104.5 per share for financial year 2024-25 (FY25)

Among the said list of companies, automaker Swaraj Engines has declared the highest dividend, announcing a final dividend of ₹104.5 per share for financial year 2024-25 (FY25)

Analysts remain positive on Domestic Ratings business - CRISIL, CARE - and expect bond issuances to increase over coming quarters aided by monetary easing and softening corporate spreads.

Toll waivers on major highways may impact cash flows of operators like IRB, but low EV penetration and expected compensation make long-term effect minimal

In the past one month, CARE Ratings stock has zoomed nearly 30 per cent, as against 5.7 per cent rise in the BSE Sensex.