Bharat Dynamics Ltd shares plunged 8.5% after reporting a steep 58.5% drop in Q4 FY26 net profit to Rs 113.18 crore, with revenue also falling nearly 73%. Full-year profit declined 23%. Motilal Oswal downgraded the stock to ‘Neutral’ citing execution concerns and margin pressure, while also highlighting key industry risks.
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