IDBI Capital has reiterated its HOLD rating on Tata Steel following a better-than-expected Q3FY26 performance, anchored by robust volume growth in India even as realizations softened.

IDBI Capital Markets & Securities has upgraded its rating on Cera Sanitaryware Ltd.

IDBI Capital Markets has reiterated a BUY call on Sundaram Finance Limited, citing consistent execution, resilient asset quality, and improving profitability across cycles.

Kajaria Ceramics’ Q3FY26 performance reflected a market grappling with weak construction demand, inventory de-stocking, and muted tile volumes, yet profitability resilience stood out.

Somany Ceramics delivered a Q3FY26 performance that largely aligned with IDBI Capital’s expectations, navigating a challenging operating environment while quietly strengthening its earnings quality

M&M Financial Services has delivered a decisive Q3FY26 performance that signals the end of its multi-year transformation and the start of a structurally stronger growth phase.