Puravankara shares surged over 12% following a strong Q4FY26 turnaround, with net profit reaching Rs 114.2 crore against a prior year loss. Revenue from operations more than doubled year-on-year to Rs 1,502 crore. The company also reported robust full-year FY26 performance, returning to profitability with a PAT of Rs 58 crore.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend