Today: 14 March 2026
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NSE:WESTLIFE 4 February 2026

Bajaj Finserv profit stalls as India’s Q3 results rush hits Trent, Tata Power next

Bajaj Finserv profit stalls as India’s Q3 results rush hits Trent, Tata Power next

Bajaj Finserv’s December-quarter profit was nearly flat at 2,229 crore rupees, despite a 24% jump in revenue to 39,708 crore. Over 140 Indian firms, including Tata Power and Trent, are reporting earnings today. Markets steadied after recent gains, as IT stocks fell sharply. Emcure Pharmaceuticals’ profit rose 50%, while Westlife FoodWorld’s profit dropped 85%.

Stock Market Today

  • Fermi (FRMI) Shares Show Potential Value After Price Drop
    March 14, 2026, 9:15 AM EDT. Fermi's stock closed at $7.96, down 16.4% over 30 days and 9.8% year-to-date, raising questions about value versus risk. A Dividend Discount Model (DDM) analysis estimates an intrinsic value near $13.00, suggesting the stock is undervalued by about 38.8%. The DDM bases this on a $0.584 annual dividend per share and a steady 3.41% dividend growth linked to the risk-free rate, reflecting bond yields rather than company forecasts. This price decline may offer a buying opportunity for investors focusing on income and asset-backed valuation metrics. Fermi's Price-to-Book ratio, a common measure for real estate investment trusts (REITs), also factors into assessing risk and growth expectations. Overall, Fermi's fundamentals hint at a mispricing in the market after recent share price weakness, warranting closer investor attention.
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