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2h ago

TCS Results Kick Off Q2 Earnings as India Inc Lines Up QIPs, Rail Tie-Ups and US Capex

Fresh fundraises, overseas expansion plans, logistics tie-ups, dividend cues set the tone for stocks.

Eternal Ltd rose approximately 29 per cent in three months, from Rs 258.65 to Rs 335.05, closing Tuesday at Rs 337.85, up 0.84 per cent.

Overview

  • Tata Consultancy Services is set to report Q2 FY26 results today, with investors watching for a possible second interim dividend.
  • Tata Elxsi's board meets today to review and approve audited results for the September quarter and first half.
  • IRB InvIT Fund opened a qualified institutions placement targeting about Rs 3,000 crore with a Rs 250 crore upsize option and an indicative price near Rs 60 per unit.
  • Lupin announced a new manufacturing plant in Coral Springs, Florida, with projected cumulative investment of about $250 million focused on respiratory medicines over five years.
  • Coal India signed a non-binding memorandum of understanding with IRCON International to develop rail infrastructure for the miner and its subsidiaries.