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Bharti Airtel: Even in the absence of rate hikes, telecom sector revenues this financial year are expected to touch Rs 2.46 lakh crore, far exceeding the FY16 levels, amid strong appetite for 4G services and an improving subscriber mix, showed an analysis of Trai data by global brokerage, CLSA. The estimated jump in sectoral revenues (in absolute terms) is even more spectacular at 68% between FY17, when Jio entered the fray, and FY25.

The insurance regulator upgraded the license of the company's wholly-owned subsidiary Policybazaar Insurance Brokers Private Limited to 'Composite Insurance Broker' from 'Direct Insurance Broker'

Revenues stood at ₹1.7 lakh crore in FY16 with the sector having more than 10 private companies. This was before Reliance Jio made its debut the following year. Revenues are expected to touch ₹2.78 lakh crore in FY25 in an industry comprising only three private operators - Jio, Bharti Airtel and Vodafone Idea (Vi).

BPCL’s reported GRM was above Kotak's estimate, while its implied marketing margin was below its estimate. HPCL's Q3 missed Kotak's Ebitda estimate due to a lower-than-expected marketing margin.

Natco Pharma share price target: Nuvama has raised its FY24E and FY25 EPS estimates for Natco Pharma by 21 per cent and 12 per cent, respectively, to factor in the beat, higher gRevlimid and lower tax; target at Rs 1,055.