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Steelco Gujarat’s FY26 revenue surged more than 13-fold year on year to ₹585.29 crore after it resumed production, but its net loss widened to ₹372.72 crore from ₹205.38 crore. Finance costs accounted for roughly 26% of total income, while the debt-equity ratio stood at 83.47 times. The company raised ₹140 crore in January 2026 through secured listed non-convertible debentures to fund working capital, and later raised about ₹149 crore via a rights issue after the fiscal year.

Former House Speaker Nancy Pelosi disclosed that accounts owned by her husband, Paul Pelosi, bought $1 million to $5 million worth of Bloom Energy shares and an additional $1 million to $5 million in call options. Bloom Energy, a supplier of solid oxide fuel cells, has rallied 152% year-to-date as AI data centers drive a surge in electricity demand.

Foreign investors were net sellers of Indian equities by ₹298 crore on Thursday, ending a three-session buying streak. Domestic institutions bucked the trend with net purchases of nearly ₹5,000 crore. The Sensex and Nifty closed lower, weighed by declines in Reliance Industries’ finance unit and weakness in Bharti Airtel following remarks linked to Temasek. Some financial and jewellery stocks saw swings on expectations of policy changes.

Veer Global Infra posted FY26 net profit of ₹161.45 crore, down 10.7% year on year, as revenue from operations fell 40.7% to ₹690.32 crore. Earnings per share declined to ₹1.00, while finance costs jumped to ₹236.50 crore. The company plans to raise up to ₹100 crore through a combination of a rights issue and a private placement. It has scheduled its 15th Annual General Meeting for September 19, 2026, to seek shareholder approval for the proposal.

AST SpaceMobile reported second-quarter 2026 revenue of $31.5 million, up more than 100% sequentially, driven by government contract milestone revenue and sales of gateway equipment to carrier partners. Management reiterated its full-year revenue guidance of $150 million to $200 million. The company said it has recently secured more than $100 million in contracts. It also said it works with more than 60 mobile network operator partners covering more than 3 billion subscribers.

EP Manufacturing Bhd (EPMB) said its net profit for 2Q26 surged nearly 19-fold year on year to RM5.15 million, while revenue rose 66.6% to RM212.7 million, its highest quarterly level in at least a decade. Earnings per share increased to 1.80 sen from 0.10 sen. For the first half of 2026, net profit climbed to RM6.7 million from RM1.05 million, while revenue grew 47.2%. The company said monthly output under its collaboration projects with GWM, SAICMG and XPENG has exceeded 1,000 vehicles.

Burlington Stores said fiscal second-quarter net income rose to $184.3 million, with adjusted earnings of $2.96 per share. That topped Wall Street expectations of $2.18 per share, according to Zacks Investment Research. Revenue was $3 billion, slightly below the $3.03 billion analysts expected. The company also forecast full-year earnings of $11.77 to $11.97 per share.

NEXTDC reported FY26 net revenue of $405 million, up 16%, and underlying EBITDA of $248.8 million, up 15%, both above the top end of its guidance. Statutory NPAT swung to a profit of $82.1 million from a $60.5 million loss. Contracted utilisation surged 202% to 740.1MW. Capital expenditure hit a record $3,397 million, $397 million above the top end of guidance, driven by land acquisitions and accelerated construction to meet customer delivery dates.

Snap Inc. (SNAP) fell 8.45% to close at $5.42 on August 26, 2026, after Pennsylvania filed a child-safety lawsuit against Snapchat. Read the daily analysis of Snap Inc.'s litigation-sensitive outlook, momentum risk and key technical levels.

Reddit (RDDT) fell 4.36% to $155.36 in the Aug 26, 2026 regular session as investors continued to weigh search-referral and Google data-licensing uncertainty against a cautious technology backdrop. Read the daily analysis of Reddit's traffic-risk outlook, momentum risk and key technical levels.