Mahi Madhusudan Kela acquires 1.12% stake in Emkay Global in Q3

The stake purchase comes at a time when the stock has seen prolonged underperformance. Over the past three months, shares of Emkay Global Financial Services have declined 14%, compared with a roughly 3% fall each in the Nifty and the BSE Sensex. Its one-year return has also moderated to about 3%.

Axis Bank Q3 results: Net profit rises 3% YoY to Rs 6,490 crore, NII grows 5%

Axis Bank announced its December quarter results. The bank's standalone net profit saw a 3% increase, reaching Rs 6,490 crore. Interest income also grew by 4.3% to Rs 32,274 crore. The lender's interest payments on deposits were up nearly 4% in the same period. These figures reflect the bank's performance in the recent financial quarter.