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Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata Consumer
Indian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus. ADIA plans to sell Lenskart shares. Tata Consumer targets over 20% EBITDA margin. Reliance Industries subsidiary will redevelop a Mumbai slum. REC Ltd will merge with Power Finance Corporation. ZEEL plans to raise funds.
Power finance cos turn to global markets for cheaper funds
Indian power and renewable energy firms are looking abroad for loans. The Reserve Bank of India's new dollar-rupee swap facility has made foreign currency borrowing cheaper. Companies like REC and PFC are planning to raise significant funds through external commercial borrowings. This move is expected to lower borrowing costs for these public sector undertakings.
LPG crunch forces IRCTC to resume cooking onboard; 60% of railway food to be prepared on electricity
Indian Railway Catering and Tourism Corporation is now cooking meals inside moving trains. This practice was stopped earlier but has resumed using electric induction stoves. The company is also using induction cookers at major stations. This change is due to a significant shortage of commercial LPG cylinders. The disruption has impacted IRCTC's financial performance.
Government and RBI building vital buffer against external volatility by appropriate liquidity measures to support inflow of foreign capital: FICCI
Mr Anant Goenka, President, FICCI said, FICCI welcomes the RBIs decision to keep the policy repo rate unchanged at 5.25 per cent while maintaining a neutral stance. This is a balanced and prudent decision given the heightened global uncertainty and maintaining policy stability at this juncture provides confidence to businesses and investors alike. FICCI also welcomes the proactive regulatory measures announced by the Ministry of Finance and the RBI to strengthen external sector resilience and facilitate capital inflows. The decision to review the regulatory framework for Foreign Portfolio Investments in Government Securities along with rationalisation of taxes on such investments will deepen the G-Sec market and attract greater participation of FPIs in Indian government securities.
IRCTC cracks down on fake accounts, expands AI surveillance in kitchens
IRCTC has deactivated millions of suspicious user IDs to combat fraudulent train ticket bookings. This move addresses passenger concerns about ticket availability. Simultaneously, artificial intelligence is now monitoring over 800 railway kitchens. Smart cameras detect hygiene violations, ensuring improved food safety standards for passengers across the Indian Railways network.
Railways renews push for installing Atmospheric Water Generators
Indian Railways has renewed its push to deploy Atmospheric Water Generators (AWGs) in water-scarce areas, asking zones, production units and PSUs to identify locations where clean drinking water supply remains a challenge. AWGs generate potable water from moisture in the air and can be installed at railway stations, hospitals, staff colonies, offices, level crossings and other service areas.
IRCTC vs IRFC vs RVNL vs RailTel: Which railway stock to buy after Q4 results? - Mint
IRCTC vs IRFC vs RVNL vs RailTel: Which railway stock to buy after Q4 results?Mint
IRCTC: Can hotel check-ins put growth on the fast track?
The Indian Railway Catering and Tourism Corp Ltd reported an Ebitda margin of 27.3% for Q4FY26, the lowest in 12 quarters. The management expects future annual margins to stabilize at 30%.
IRCTC slides as Q4 PAT decline 9% YoY to Rs 326 cr
Indian Railway Catering & Tourism Corporation (IRCTC) fell 2.61% to Rs 523.65 after its consolidated net profit declined 8.88% year-on-year to Rs 326.36 crore in Q4 FY26 from Rs 358.22 crore in Q4 FY25.
Indian Railway Catering & Tourism Corporation consolidated net profit declines 8.89% in the March 2026 quarter
Sales rise 15.07% to Rs 1459.72 crore
IRFC refinances Hyderabad metro's ₹13,527 crore debt
Indian Railway Finance Corporation has entered metro rail financing. It signed a term loan agreement to refinance ₹13,527 crore debt for the Hyderabad Metro Rail project. This move is expected to help the project report a profit next year. Hyderabad Metro's earnings before interest, taxes, depreciation, and amortization are already positive.
IRFC expands beyond Indian Railways with ₹13,527-crore refinancing deal for Hyderabad Metro
The state-backed financier is leveraging its core strength in transportation finance to support urban mobility and help the Telangana government-owned project replace its high-cost debt.