Piramal Pharma points to early recovery signs after seeing red in Q3

The company posted its results for the third quarter of FY26 late on Wednesday evening, with its revenue dipping 3% year-on-year to ₹2,140 crore, and slipping to a loss of ₹136 crore from a net profit of ₹4 crore in Q3FY25. Its ebitda margin shrank from 16% in Q3FY25 to 11% this fiscal.

Industry Trends

Market Wrap: Sensex adds 222 points, Nifty above 25,400 as D-St recovers from early dip

Indian markets reversed early losses to end higher on Thursday, with the Sensex and Nifty rebounding after a sharp morning selloff. Gains were supported by an upbeat economic survey and firm global cues, even as elevated crude, record gold prices and U.S.–Iran tensions kept investors cautious ahead of the Union Budget.

Union Budget 2026: When is it presented? Date, time and key details

Finance minister Nirmala Sitharaman will present the Union Budget on February 1, a Sunday, marking her ninth consecutive presentation. This crucial document will detail the government's financial accounts, economic priorities, and policy direction. The Budget Session commenced on January 28, setting the stage for outlining the nation's growth roadmap and resource allocation strategies.