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BusinessPhoto: Mint Markets

SML Mahindra Shares Fall Third Day Despite 33% Six-Month Gain

SML Mahindra shares, formerly SML Isuzu, dropped for the third consecutive session on October 22, opening at ₹5,200 on BSE, down from ₹5,514.75. The stock fell 24.56% in one month but gained 33% over six months and delivered 290% returns in three years. Q2 2026 results showed a 42.9% net profit decline to ₹12 crore, while revenue rose 20.7% to ₹670 crore. EBITDA fell 31% to ₹29 crore, with margins shrinking from 7.6% to 4.3%.

Mint Markets·

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EntertainmentPhoto: TOI Entertainment

Drishyam 3 Nears Rs 400 Crore Domestic Net in Three Weeks

Drishyam 3: The Conclusion has completed three weeks in theatres, collecting Rs 2.65 crore net on Day 20. The film's India net reached Rs 359.75 crore, with a gross of Rs 431.02 crore domestically. Including Rs 129 crore from overseas, the worldwide gross totals Rs 560.02 crore. It is close to the Rs 400 crore domestic net milestone.

TOI Entertainment·

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BusinessPhoto: ET Markets

Jefferies Raises Eternal Target Price to Rs 430 After Q2

Jefferies increased its target price for Eternal from Rs 415 to Rs 430, indicating a potential 38% gain from the previous close of Rs 312.35. The brokerage highlighted Blinkit's rapid store expansion, improving unit economics, over 20% growth in food delivery, and growing confidence in District as key factors behind the upgrade.

ET Markets·

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BusinessPhoto: TOI Business

India's Private Capex Pipeline Grows 39% to Rs 99.7 Lakh Crore

India's private sector capital expenditure pipeline has increased by 39% to Rs 99.7 lakh crore, driven mainly by larger projects. This growth reflects a trend toward consolidation in investment plans. Maharashtra is the leading state attracting these investments, along with several other states across the country.

TOI Business··Maharashtra

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PoliticsPhoto: NDTV

Man Threatens Australian Lawmaker's Staff with Nunchucks

A 56-year-old man was charged for threatening the staff of Western Australian state minister Hannah Beazley with nunchucks in her Perth electorate office. The incident occurred days after federal lawmaker Helen Haines was critically injured in a car attack in Victoria. The man was detained and charged with armed intimidation and making threats. He will appear in court in Perth.

NDTV··Perth

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WorldPhoto: HT World

Iran Claims Attack on 4 Oil Ships in Persian Gulf, 3 Hit Mines in...

Iran’s Islamic Revolutionary Guard Corps Navy reported striking and setting fire to four oil-carrying ships in the northern Persian Gulf after they crossed an illegal route despite warnings. Additionally, three other vessels hit mines in the western Strait of Hormuz and were stopped. The IRGC accused the maritime companies of being deceived by the US military and violating maritime rules.

HT World·

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