Tata Elxsi reported a net profit increase of 24.6% to ₹229.4 crore for the latest quarter, with revenue rising 3.1% to ₹955.1 crore and EBIT up 6.2% to ₹239.2 crore, resulting in an EBIT margin of 25% compared to 24.3% year-on-year. In the banking sector, Bandhan Bank shares surged by nearly 10% following the Reserve Bank of India's approval of Partha Pratim Sengupta as the new Managing Director and CEO. Analysts from Jefferies, Goldman Sachs, and CLSA noted that this appointment alleviates significant overhangs and allows a renewed focus on the bank's fundamentals. The stock price of Bandhan Bank crossed the ₹200 mark, reaching ₹204.90 during intraday trading. The surge was attributed to improved asset quality expectations and the resolution of claims under the CGFMU, with the NCGTC set to pay ₹315 crore under this claim. Overall, the Sensex opened lower, with Nifty below 25,000, while Bandhan Bank's performance stood out in a generally subdued market.