Apollo Micro Systems shares surged 22% in three sessions after reporting a strong January-March quarter for FY26. The defence player’s net profit jumped 163% YoY to Rs 36.8 crore, with revenue up 81% YoY. The company achieved record revenue and profitability in FY26, marking a breakthrough year.
Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest