KUALA LUMPUR, Malaysia—The healthcare arm of Malaysian conglomerate Sunway 5211 -1.51%decrease; red down pointing triangle is eyeing a market capitalization of over $4 billion as its initial public offering gets under way.

Sunway Healthcare is looking to raise about $736.3 million in what would be Malaysia’s biggest IPO in nearly a decade.

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WSJ ProUpdated Feb. 27, 2026 1:14 am ET

China’s central bank has started taking steps to check the yuan’s recent advance, dusting off an old playbook that would reduce the cost of betting against the currency.

The People’s Bank of China announced it would slash the risk reserve requirement ratio for financial institutions conducting foreign-exchange forward trading to zero from 20%, a move that effectively makes purchasing the dollar cheaper.

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Leading stock exchanges BSE and NSE have slapped a fine of Rs 5.42 lakh each on state-run Shipping Corporation of India (SCI) for non-compliance with the Securities and Exchange Board of India’s (Sebi’s) listing regulations.

The Navratna PSU informed about the development via a filing to the exchanges on Saturday. It said that the action will not have any significant impact on the company’s financial, operational, or other activities.

On Friday, February 27, 2026, the company received an email from BSE and a notice from the National Stock Exchange levying a total fine of Rs 5,42,800, each for non-compliance with Regulation 17(1) of Sebi Listing Regulations regarding the composition of the Board of Directors.

Shares of Shipping Corporation ended 1.8% lower on the NSE at Rs 263.47.

SCI operates oil tankers and product carriers that move crude oil from overseas suppliers to Indian refineries, making it strategically important for energy security. Its stock has rewarded investors with returns of 76% in the past 12 months, significantly outperforming the Indian benchmarks Nifty and the BSE Sensex, whose returns in the same period stand at 12% and 9%, respectively, according to Trendlyne.

The stock is currently trading above its 50-day and 200-day simple moving averages of Rs 233 and Rs 226, respectively, the Trendlyne data said.
The company reported a staggering 440% jump in net profit for the third quarter of FY26. Net profit for the quarter rose to Rs 405 crore, sharply higher than the Rs 75.52 crore reported in the corresponding quarter last year.Revenue from operations stood at Rs 1,612 crore, marking a 22.5% increase from Rs 1,316 crore in the year-ago period, the company said in an exchange filing.

The tanker segment led the performance, with revenue rising 34% to Rs 1,097 crore, while operating profit (earnings before interest and taxes, or EBIT) surged 389% year-on-year. The bulk carrier segment also posted strong growth, with revenue climbing to Rs 237.51 crore from Rs 147 crore in the corresponding quarter of the previous financial year.

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State-run defence company Bharat Electronics Limited (BEL) on Friday declared an interim dividend of Rs 1.95 per share for the financial year 2025-26 and set the record date on Thursday, March 5 for determining the eligible shareholders. The interim dividend will be paid within 30 days from the date of declaration, the company said in its filing to the exchanges.

The record date of a dividend is the cut-off date set by a company to determine which shareholders are eligible to receive the declared dividend.

BEL dividend history / dividend yield

The PSU company has declared 51 dividends since August 29, 2003. In the past 12 months, Bharat Electronics has declared an equity dividend amounting to ₹2.40 per share, according to Trendlyne. At the current share price of Rs 444.70, Bharat Electronics’s dividend yield is 0.54%.

BEL share price performance

BEL shares ended at Rs 444.70 on the NSE on Friday, declining by 4.35 or 1% over the Thursday closing price.

The Nifty stock has had a stellar run on the D-Street, delivering 74% returns in the past 12 months. It is the second best performer n the frontline index and only behind Shriram Finace whose returns of 78%, remain ahead.
Meanwhile, Nifty and the BSE Sensex have yielded 12% and 9% in the same period.BEL shares are currently trading above their 50-day and 200-day simple moving averages of Rs 422 and Rs 405, respectively, according to Trendlyne.

The defence electronics major reported a decent set of numbers for the December quarter. The company’s consolidated net profit rose to Rs 1,580 crore, compared with Rs 1,312 crore in the same period last year. This translates into a year-on-year (YoY) growth of 21%. Revenue from operations for the quarter rose 24% YoY to Rs 7,154 crore.

Sequentially, profit was higher than the Rs 1,287 crore reported in the September quarter. Compared with the previous quarter, revenue also rose from Rs 5,946 crore.

Including other income of Rs 139 crore, BEL’s total income for the quarter came in at Rs 7,292 crore, compared with Rs 5,957 crore in the year-ago period.

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.