Overview

• MSCI’s August review brought Swiggy, Waaree Energies, Vishal Mega Mart and Hitachi Energy India into its India Standard Index while dropping Sona BLW and Thermax.
• LIC posted a standalone net profit of Rs 10,987 crore in Q1FY26, up 5% year-on-year, as its net premium income rose to Rs 1.19 lakh crore.
• HPCL’s standalone quarterly profit jumped 1,128% to Rs 4,371 crore despite a slight revenue dip, and BSE Ltd. more than doubled its profit to Rs 539 crore on a 13% rise in revenue.
• Consumer and industrial firms delivered mixed results, led by Apollo Tyres’ 96% slump in net profit to Rs 12.9 crore after restructuring costs and Page Industries’ 22% profit increase to Rs 201 crore with a Rs 150 interim dividend.
• A fire at a third-party warehouse in Telangana housing Rs 45 crore of Piramal Pharma inventory has been contained and is under investigation.