United Breweries shares surged by 14.44% as the company announced a staggering 191% jump in net profit, now at Rs 135 crore for the September quarter of FY27. Additionally, net sales increased by 24% to reach Rs 2,537 crore, driven by strong premium beer sales. However, despite this impressive performance, the stock has seen a decline of about 30% over the previous year.

Indian markets fell sharply, with the Sensex down 995 points and the Nifty off 1.1%, as crude rose above $115 a barrel following an attack on a Saudi refinery. Investors also awaited the US Federal Reserve decision.

IT stocks lead losses as Brent crude climbs above USD 115 per barrel; investors track the US Federal Reserve’s policy decision and Jio Platforms listing.

Brent crude rose 1.5% to $115.40 a barrel after an attack on a Saudi refinery revived concerns about supply disruptions. Indian government bond yields rose.

Alphabet has pledged up to $40 billion in funding for Anthropic. The commitment includes an initial $10 billion cash investment. The remaining $30 billion is to be disbursed in stages, subject to the AI startup meeting specified performance targets.

Consolidated net profit rose 395% YoY to ₹13.7 crore in Q2FY27. Revenue increased 42.6% YoY to ₹934 crore, with EBITDA margin expanding by 230 bps. Half-yearly revenues crossed ₹2,950 crore for the first time in company history. H2 EBITDA margins expected to improve on seasonality, operating leverage, and Q4 PLI recognition.

Indian shares fell on Wednesday as rising oil prices weighed on risk appetite ahead of the US Federal Reserve's policy decision later in the day. Meanwhile, Jio Platforms listed at a...

Revenue rose 15% to Rs 18,226 crore. A dividend of Rs 19 per share was declared.