Business · Markets · 1 hr ago

Indian stocks rebound as companies announce investments, orders and results

Indian stocks rebound as companies announce investments, orders and results

Indian benchmark indexes rose more than 1.5% on Tuesday, recovering as investor sentiment improved amid comments on taxes and a rally in technology stocks.

Adani Enterprises signed a preliminary agreement for a 50:50 India joint venture with Jabil to make and assemble AI and data centre equipment.

Hyundai Motor Group plans to invest $15.5 billion in India between 2026 and 2032, supporting its long-term growth and technology plans.

Tata Elxsi’s quarterly revenue increased from the previous quarter, while its net profit was slightly lower.

Bharat Electronics secured Rs 533 crore in additional orders, and Transformers and Rectifiers reported higher quarterly revenue and profit than a year earlier, alongside a one-time gain.

Investors will track these companies on Wednesday as they assess earnings, business developments and new investment plans.

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