ICRA

MTAR Technologies hits 3rd straight 5% lower limit; down 34% from June high

In the recently concluded June 2026 quarter, domestic mutual funds reduced their stake in MTAR Technologies to 20.36 per cent from 23.49 per cent at the end of March 2026 quarter.

Updated On: 20 Jul 2026 | 1:24 PM IST

Securitisation volumes rise 20% in Q1 as NBFCs drive market growth: ICRA

India's securitisation market grew about 20 per cent in the first quarter of FY27, with NBFCs driving issuances as gold loans emerged as the largest asset class, ICRA said

Updated On: 09 Jul 2026 | 6:02 PM IST

Power transmission to witness Rs 6 trillion investment over six years: Icra

India's power transmission sector is projected to attract Rs 6 trillion in investments through 2032 as grid infrastructure is expanded to integrate rising renewable energy capacity.

Updated On: 08 Jul 2026 | 6:03 PM IST

Vedanta Oil & Gas zooms 40% in 2 days; should you buy, hold or sell stock?

The average trading volumes on Vedanta Oil & Gas counter more than doubled with a combined 361 million equity shares changing hands on the NSE and BSE.

Updated On: 02 Jul 2026 | 2:34 PM IST

Icra to acquire remaining 40% stake in D2K Technologies for ₹32 crore

Rating agency Icra on Monday said it will acquire the remaining 40 per cent stake in D2K Technologies for Rs 32 crore. Pursuant to this, Icra Analytics will hold 100 per cent of the equity share capital of D2K Technologies on a fully diluted basis, Icra said in a regulatory filing. Icra Analytics is a wholly-owned subsidiary of Icra Ltd and provides services, solutions, analytics and digital platforms for risk management, mutual funds, fixed income, and knowledge services. Currently, Icra Analytics holds 60 per cent stake in the company, which is engaged in the business of providing banking and software services to banks, other financial institutions, and corporates, among others. Upon completion of the proposed acquisition, D2K Technologies will become a wholly-owned step-down subsidiary of Icra, it said. The acquisition is contingent upon the successful execution of the transaction by the depositories, it added.

Updated On: 29 Jun 2026 | 3:20 PM IST

CV wholesale growth stayed strong in May; Icra sees moderation in FY27

Commercial vehicle wholesales rose 13.5 per cent in May, supported by GST cuts and a favourable base, but ICRA expects growth to moderate to 4-6 per cent in FY27

Updated On: 26 Jun 2026 | 11:30 PM IST

West Asia conflict may push Indian airlines' FY27 losses to ₹38K cr: ICRA

ICRA has raised its FY27 airline loss estimate to Rs 36,000-38,000 crore and cut traffic growth forecasts, citing higher ATF prices, a weaker rupee and lease costs

Updated On: 26 Jun 2026 | 8:54 PM IST

RBI's bulk deposit proposal paves way for risk-based pricing by banks

Draft framework would allow lenders to align deposit rates with liquidity costs under LCR norms, improving pricing efficiency and balance-sheet management

Updated On: 08 Jun 2026 | 7:06 PM IST

Vodafone Idea soars 6%, hits 20-month high; stock zooms 75% in 2 months

The capex execution, along with an expected industry tariff rationalisation over the next 12-24 months and improving network quality, are expected to support ARPU improvement and growth, believes ICRA

Updated On: 03 Jun 2026 | 2:31 PM IST

Inflation-fisc trade-off is likely to keep bond yields high for now

The upswing in the yield curve largely reflects worsening expectations around fiscal and inflation outcomes, an unfortunate fallout of the West Asia crisis for India's macros.

Updated On: 21 May 2026 | 1:10 PM IST

ICRA projects 3-5% growth in domestic two-wheeler volumes for FY27

Credit rating agency says domestic two-wheeler wholesale volumes may grow 3-5% in FY27, while exports and electric vehicle demand continue to support the industry

Updated On: 20 May 2026 | 3:32 PM IST

Mild fuel price hike may not significantly upend household budget

We estimate the direct impact of this hike at around 8bps uptick each in the CPI inflation prints for May 2026 and June 2026, along with a mild indirect impact to the tune of around 10 bps, Nayar said

Updated On: 15 May 2026 | 10:58 AM IST

Organon deal impact: Sun Pharma surges 16% in 10 days, nears record high

Sun Pharma's acquisition of Organon as a transformational deal, doubling revenue to USD 12 billion with 30 per cent EBITDA margin, analysts.

Updated On: 11 May 2026 | 12:13 PM IST

Limited tariff hikes, rising power costs to keep discom cash gap high: ICRA

ICRA said discoms' cash gap is likely to remain elevated in FY27 as muted tariff hikes and higher power purchase costs strain finances

Updated On: 07 May 2026 | 7:42 PM IST

India's power demand likely to grow by 5 to 5.5% in FY27, says Icra

Rating agency ICRA on Thursday said power demand will rise by 5.0-5.5 per cent in 2026-27 as against a tepid one per cent growth in 2025-26, supported by continued momentum in industrial and commercial activity. The country's power demand growth in 2026-27 is likely to be supported by agricultural and household sectors given the expectation of sub-par rainfall amidst a potential El Nino, along with demand from industries as well as from emerging sources like electric vehicles and data centres, ICRA said in a statement. The all-India thermal plant load factor (PLF or capacity utilisation) level fell to 65-66 per cent in 2025-26 amid demand moderation and is likely to remain around 65 per cent in 2026-27, given the healthy growth in generation expected from the renewable sources and 6-GW capacity addition likely in the thermal segment. Ankit Jain, Vice President & Co-Group Head - Corporate Ratings, ICRA, said in the statement that the thermal power sector in India is witnessing a ...

Updated On: 07 May 2026 | 2:20 PM IST

OMCs may face LPG under-recovery of around ₹80,000 crore in FY27: Icra

State-run oil firms may face steep LPG under-recoveries in FY27 due to high global prices and supply disruptions, with broader cost pressures seen across energy-linked sectors

Updated On: 30 Apr 2026 | 12:17 AM IST

Cement firms may see up to 19% profit hit under carbon scheme: ICRA

ICRA said India's carbon trading scheme may raise costs over time, with cement firms facing up to 19 per cent profit hit as emission targets tighten

Updated On: 22 Apr 2026 | 9:03 PM IST

Credit growth to slip below 12% in FY27 amid global uncertainties: Icra

Icra expects bank credit growth to ease below 12 per cent in FY27 as West Asia conflict, higher oil prices and deposit competition weigh on lending, margins and asset quality

Updated On: 22 Apr 2026 | 2:41 PM IST

WPI inflation rises to 38-month high of 3.88% in March on fuel, inputs

Wholesale inflation surged to a 38-month high in March, driven by fuel, primary goods, and manufactured products, with analysts expecting further upward pressure

Updated On: 16 Apr 2026 | 12:04 AM IST

IBC overhaul aims to cut delays and boost recoveries: Icra report

IBC amendments introduce a creditor-led fast-track insolvency route, tighten timelines and reduce procedural bottlenecks to improve recoveries and speed up resolutions

Updated On: 13 Apr 2026 | 10:37 PM IST