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Bharti Hexacom, a subsidiary of Bharti Airtel, reported a 10% on-year rise in net profit in the fiscal fourth quarter to Rs 222.6 crore, on the back of strong mobile broadband user additions and average revenue per user (ARPU) growth.

Promoters of drugmaker Cipla are expected to offload 2.53% of their stake in a block deal worth Rs 2637 crore on Wednesday, according to sources.

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​Bajaj Electricals Ltd on Tuesday reported a 43.47 per cent decline in consolidated net profit to Rs 29.31 crore in the March quarter with revenue impacted by weakness in appliances and general trade.

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For the financial year 2023-24, the company’s net profit rose to Rs 1,925 crore as against Rs 1904 crore, while total income increased to Rs 4,818 crore from Rs 4,293 crore, the company said in a regulatory filing.

Aadhar Housing Finance IPO consisted of fresh equity issue worth up to Rs 1,000 crore and OFS of up to Rs 2,000 crore. It was booked nearly 26 times at close. Its GMP indicates a listing gain of around 15%.

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Emkay Global Financial Services has buy call on Zomato with a target price of Rs 230.

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The Dow Jones Industrial Average rose 35.25 points, or 0.09%, at the open to 39,466.76.

The TBO Tek IPO was booked over 80 times at close on strong interest from non-institutional investors. Ahead of the IPO opening, the company raised nearly Rs 697 crore from anchor investors.

Trading in GameStop was halted multiple times within minutes of market open due to volatility as the stock hit its highest level since June 2021. The stocks were set to extend gains from the previous session after Gill shared a meme and more than 10 clips from movies, including "X-Men Origins: Wolverine", "The Avengers" and 1993 Western "Tombstone"

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