archived as published
Monday, 26 October · prices through NSE close
A potential Jio Platforms IPO valued at approximately ₹10.3 lakh crore could raise Reliance Group's combined market capitalisation to ₹28.35 lakh crore, surpassing Tata Group's ₹25.92 lakh crore. Jio Platforms' implied valuation could reach ₹12.58 lakh crore at a 22% grey market premium.
JSW Steel reported net profit of ₹5,279 crore in the September quarter, representing a 225 percent year-on-year increase from ₹1,623 crore in the same period last year. The company achieved sales volumes growth of 13 percent year-on-year to an all-time high.
Tata Motors' commercial vehicle business posted a consolidated profit after tax of Rs 1,254 crore in the second quarter of FY27, compared with a net loss of Rs 561 crore in the year-ago period. The company's standalone net profit reached ₹2,138 crore for the September quarter, against a loss of ₹1,021 crore in the corresponding quarter last year.
Shree Cement's net profit fell 15.13% year-on-year to Rs 261.82 crore in the quarter ended September 2026, compared with Rs 308.51 crore in the same period of the previous year, largely due to higher costs.
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