Kalyan Jewellers shares extend rally, up 47% in 4 days on strong Q1 update Kalyan Jewellers shares continued their upward trajectory, surging 47% over four consecutive trading sessions as of July 13, 2026, driven by a robust business update for the April-June quarter of the financial year 2026-27 (FY27). The stock climbed to a high of ₹521.85 on the National Stock Exchange (NSE), marking a 9.59% increase from its previous close of ₹476.15. This rally occurred amid a generally weak Indian stock market sentiment, influenced by escalating tensions between the U.S. and Iran and the potential blockade of the Strait of Hormuz. Despite broader market declines, Kalyan Jewellers’ shares outperformed, with the Nifty 50 index recovering slightly to trade at 24,154, down 0.20% from its early session levels. The stock’s strong performance was attributed to the company’s Q1 FY27 financial results, which revealed significant revenue growth. Consolidated revenue for the quarter ended June 30, 2026, rose approximately 38% year-on-year (Y-o-Y), fueled by heightened demand in both domestic and international markets. Domestic operations saw a 38% revenue increase, supported by a 28% growth in same-store sales (SSSG), despite the quarter being affected by the 28-day Adhik Maas period. Globally, the company reported a 35% revenue rise, with the Middle East contributing 30% of total international revenue. International markets accounted for around 14% of the company’s consolidated revenue during the quarter. Kalyan Jewellers expanded its physical presence by launching 12 Kalyan showrooms and 5 Candere showrooms in India during the quarter. Its digital platform, Candere, also saw a 112% revenue growth in Q1, highlighting the company’s growing e-commerce footprint.#nifty_50 #national_stock_exchange #motilal_oswal #kalyan_jewellers #candere
Multibagger Penny Stock Transforms ₹1 Lakh into ₹87 Lakh in Five Years Cupid, a penny stock that once traded at ₹2.43 per share in July 2021, has surged to ₹213 on the National Stock Exchange (NSE), delivering extraordinary returns to investors. Over the past five years, the stock has grown more than 8,664.61%, turning an initial investment of ₹1 lakh into approximately ₹87 lakh. Similarly, a ₹1 lakh investment made three years ago would now be valued at around ₹84 lakh, while a one-month investment would have grown to ₹1.33 lakh. For the year-to-date, the stock has delivered 2.02 lakh from a ₹1 lakh investment. The stock’s performance has been remarkable despite broader market volatility. In the past month, Cupid shares gained 41.43%, and in the last week, they rose 7%. Year-over-year, the stock has surged 103%, with a 871.62% gain in the past year. This growth has positioned Cupid as a standout performer in the Indian equity market, particularly during periods of geopolitical uncertainty and economic fluctuation. Cupid’s recent business update highlights its strong financial trajectory. In the first quarter of FY27, the company expects to report revenue exceeding ₹150 crore, marking one of its strongest quarterly performances to date. This growth is attributed to a robust start to the fiscal year and improved visibility in both domestic and international markets. The company has also revised its FY27 revenue outlook upward, projecting total revenue of over ₹660 crore—up from its earlier guidance of ₹600 crore. This represents a 10% increase, driven by a diversified business model, expanding global opportunities, and increased operational scale across multiple segments.#national_stock_exchange #cupid #indian_equity_market #in_vitro_diagnostics #fiscal_year_27
Cupid Hits Fresh 52-Week High on Rs 128 Crore Block Deal Cupid Ltd shares surged to a new 52-week high of Rs 212.75 on the National Stock Exchange (NSE) on Monday, climbing 8% following a significant Rs 128 crore block deal. According to exchange data, approximately 60.8 lakh shares—nearly 2.3% of the company’s outstanding equity—were traded in a single transaction valued at around Rs 127.5 crore. The identities of the buyer and seller in the deal were not disclosed. The company also announced its expectation of exceeding Rs 150 crore in revenue for the June quarter, marking one of its strongest quarterly performances to date. This optimism led Cupid to revise its full-year FY27 revenue guidance upward by at least 10%, now projecting a target of Rs 660 crore compared to its previous goal of Rs 600 crore. The enhanced outlook was attributed to expanding opportunities in international B2B healthcare markets, driven by demand from institutional buyers, private customers, and government procurement programs. A key factor cited by Cupid was its upcoming supply agreement with the Partnership for Supply Chain Management in the Netherlands, which is expected to bolster its position in global healthcare procurement. Domestically, the company highlighted potential growth in its lubricants business and continued expansion of its personal care and wellness products across retail, pharmacy, and modern trade channels in India. This milestone comes as part of a broader upward trend for Cupid’s stock. According to NSE data, the stock has risen 55.16% in the past month and gained nearly 878% over the past year, positioning it as a standout performer in the small-cap personal care sector. At 15:11 pm, Cupid shares were trading at Rs 213.42, up 7.33% for the day, maintaining their gains through the afternoon session.#netherlands #national_stock_exchange #cupid_ltd #partnership_for_supply_chain_management
Voltas Sets New Record with 1 Million AC Sales in 81 Days Voltas Limited, the Tata Group’s flagship company and India’s first manufacturer of air conditioners, has achieved a significant milestone by selling 1 million room air conditioners in the first 81 days of the financial year 2026-27. This accomplishment surpasses the previous record set during Q1FY25, which took 88 days to reach the same sales target. The company’s success is attributed to robust market demand, strategic initiatives, and a diversified product portfolio. The achievement has also driven a notable surge in Voltas’ stock price. On the National Stock Exchange (NSE), the company’s shares opened at 1384 rupees, up 4.73% from the previous close of 1343.40 rupees. Over the past five days, the stock has gained 5.51%, while it has risen approximately 11% in the last month and 1.37% over six months. According to Voltas, the strong demand for air conditioners in India, coupled with innovative product offerings and targeted marketing strategies, has fueled this growth. The company emphasized that its strategic focus on customer engagement, including AI-enabled ACs and celebrity endorsements, has strengthened its market position. Additionally, the expansion of its distribution and service networks has played a crucial role in sustaining this momentum. Voltas has also restructured its product portfolio in the past year, introducing a range of options across premium, mid-range, and value categories. This approach has enabled the company to cater to diverse customer segments and solidify its presence across price points. The firm highlighted that these initiatives have not only expanded its customer base but also reinforced its brand appeal. Historically, Voltas has been a pioneer in the Indian AC industry.#india #national_stock_exchange #tata_group #air_conditioners #voltas_limited
Vedanta's Demerger Leads to Removal from MSCI Global Standard Indexes Vedanta Ltd, the flagship entity of the Vedanta Group, is set to be removed from the MSCI Global Standard Indexes effective from Monday, June 22, 2026. This decision follows the company's demerger into five separate business verticals, which were listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on June 15, 2026. The move by MSCI, a global index provider, marks a significant shift for Vedanta, which had previously been a key constituent of the indices. The demerger process involved splitting Vedanta's operations into four new entities: Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel. These companies debuted on Indian stock markets earlier in June 2026, while Vedanta Ltd retained its position as the group's flagship listed entity. MSCI's decision to remove Vedanta from its indices was based on the company's market capitalization (m-cap) falling below the required thresholds for inclusion. The demerger reduced Vedanta's m-cap, prompting the index provider to adjust its holdings. The removal from the MSCI indices is expected to trigger short-term volatility in Vedanta's share price. Global investors may react by placing large sell orders or reallocating capital, as the company's presence in the indices is a key factor in its valuation. On the day of the announcement, Vedanta's shares closed 0.84% lower at ₹299.95 on the NSE, compared to ₹302.50 the previous day. This decline reflects investor uncertainty about the implications of the demerger and its impact on the company's market position. Existing shareholders of Vedanta Ltd received shares in the newly demerged entities at a 1:1 ratio.#national_stock_exchange #bombay_stock_exchange #vedanta_ltd #vedanta_group #msci_global_standard_index
Bajaj Finance Allots ₹4,505 Crore NCDs; Shares Rise 4.84% Bajaj Finance allotted secured redeemable non-convertible debentures (NCDs) worth ₹4,505.15 crore through a private placement, as disclosed in a regulatory filing under SEBI (LODR) Regulations, 2015. The company stated that the Debenture Allotment Committee approved the allotment of 4,50,000 NCDs with a face value of ₹1 lakh each during a meeting held on June 12, 2026. The issuance comprised two series of debentures listed on the wholesale debt market segment of BSE Ltd. Under Option I, the company allotted 2,00,000 NCDs aggregating ₹2,000 crore with a coupon rate of 7.93% per annum. These debentures mature on June 12, 2029, after a tenure of 1,096 days. Under Option II, Bajaj Finance allotted 2,50,000 NCDs aggregating ₹2,504.25 crore with a coupon rate of 8.00% per annum, maturing on June 12, 2030, after a tenure of 1,795 days. The instruments are secured by a first pari-passu charge on receivables and related monies, subject to stipulated security cover requirements. Bajaj Finance’s share price surged 4.84% following the announcement. As of 2:52 PM IST on June 12, 2026, shares were trading at ₹912.65 on the National Stock Exchange (NSE), up from the previous close of ₹870.55. The stock movement reflected investor evaluation of the company’s fundraising activity and liquidity position amid expansion in lending businesses. Bajaj Finance Ltd operates as a non-banking financial company (NBFC) with lending operations in consumer finance, SME lending, commercial lending, rural finance, and wealth management. The company regularly accesses debt capital markets through NCDs and other instruments to support funding requirements and business growth.#nse #national_stock_exchange #bajaj_finance #sebi #bse_ltd
Stock Market Gains Highlight Telecom, Financial, and Entertainment Sectors' Strategic Moves Vodafone Idea Limited’s share price rose 3.81% on Friday following Chairman Kumar Mangalam Birla’s confidence in the telecom operator’s future. Speaking at the company’s extraordinary general meeting, Birla emphasized that Vodafone Idea had reached an “inflection point” and that “good times” were ahead despite ongoing challenges. The optimism came after the approval of a ₹4,730-crore promoter funding proposal, which Birla said would shift the company’s focus toward execution. This move aims to strengthen operations and enhance competitiveness in the telecom market. Investor sentiment was further bolstered by recent developments, including government relief on adjusted gross revenue (AGR) dues, promoter support, and efforts to raise capital for network expansion and 5G rollout. IFCI Limited’s shares surged 16.10% as investors flocked to the stock amid heightened expectations for the National Stock Exchange’s (NSE) long-awaited IPO. The rally coincided with strong trading activity, driven by bets on value unlocking from IFCI’s indirect stake in the NSE through its subsidiary, the Stock Holding Corporation of India (SHCIL). SHCIL holds a 4.4% stake in the NSE, while IFCI controls SHCIL. Reports that the NSE was preparing to file its draft red herring prospectus (DRHP) for the IPO further amplified optimism. Market participants view the NSE listing as a major milestone in India’s capital markets, with IFCI’s exposure to the project seen as a key catalyst for its stock. Ola Electric Mobility Limited’s shares rebounded 1.14% after a previous session of profit-booking.#national_stock_exchange #kumar_mangalam_birla #vodafone_idea_limited #stock_holding_corporation_of_india #ola_electric_mobility_limited
India's Social Stock Exchange (SSE) Launches New Framework for Social Enterprises and Impact Investing India's Social Stock Exchange (SSE) is a groundbreaking initiative designed to connect purpose-driven organizations with mission-aligned capital. Regulated by the Securities and Exchange Board of India (SEBI) and operating on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), the SSE provides a transparent, exchange-regulated platform for Not-for-Profit Organizations (NPOs) and For-Profit Social Enterprises (FPEs) to raise funds. This framework introduces the rigor of capital markets to the social sector, enabling entities with measurable social impact to access capital at scale. The SSE recognizes two categories of social enterprises: NPOs, including charitable trusts, societies registered under the Societies Registration Act 1860, and Section 8 companies; and FPEs, which are profit-oriented entities. To qualify, all entities must meet three criteria under Regulation 292E(2) of the ICDR Regulations. These include engaging in eligible activities, targeting underserved populations, and ensuring that at least 67% of their 3-year average revenue, expenditure, or beneficiary base relates to these activities. Excluded from eligibility are corporate foundations, political or religious organizations, professional associations, and infrastructure/housing companies (except affordable housing). Registration on the SSE is mandatory for NPOs seeking to raise funds. SEBI’s 2022 circular outlines specific criteria for NPO registration, including a minimum operational age of three years, valid tax registrations (Section 12A/12AA/12AB), 80G certification, annual spending of at least INR 50 lakhs, and INR 10 lakhs in funds received the previous year.#national_stock_exchange #bombay_stock_exchange #sebi #social_stock_exchange #ngo_darpan
IT Stocks Plunge as Nifty IT Index Drops 4.6% Amid Profit Booking and FII Outflows Indian IT stocks, including Tata Consultancy Services (TCS), Tech Mahindra, and Infosys, triggered a sharp decline in the Nifty IT index, which fell over 4.6% during early trading on June 3, 2026. The sectoral benchmark dropped 1,439 points to 29,677.55, compared to its previous close of 31,116.55, according to National Stock Exchange (NSE) data. The sell-off followed a rally in the previous trading session, as investors booked profits after a surge driven by global tech optimism. The downturn was fueled by heavy profit-taking as domestic investors cashed in gains following a rally in Indian tech stocks. This rally had been supported by positive momentum from U.S. technology companies, which reported earnings exceeding market expectations and alleviating concerns about artificial intelligence (AI) disruptions. However, the recent profit booking has created downward pressure, with investors shifting focus to broader market volatility. Foreign institutional investors (FIIs) also contributed to the decline, as they continued to sell assets in emerging markets like India. On Tuesday, FIIs shed ₹8,362.92 crore worth of shares, exacerbating the sell-off. The outflows have weighed on the sector, as foreign investors hold significant stakes in large IT stocks. The liquidity shifts in the market have further amplified the decline. Industry concerns persist over demand conditions, despite the sector’s reliance on dollar revenues from overseas clients. While the IT sector benefits from a weaker Indian rupee, which boosts earnings for export-oriented firms, the demand for services remains uncertain.#foreign_institutional_investors #tata_consultancy_services #national_stock_exchange #infosys #tech_mahindra
Wockhardt stock soars up to 16% as US FDA clears novel antibiotic Zaynich Shares of pharmaceutical company Wockhardt surged over 16% on Monday following the U.S. Food and Drug Administration’s (FDA) approval of its novel antibiotic Zaynich. The milestone marks a significant breakthrough for the company, which has invested years in developing a proprietary antibiotic research pipeline. The stock initially climbed as high as 16.21% at the opening trade but later settled at a 12.2% gain, trading at Rs 2,279 on the National Stock Exchange (NSE) at 9:42 am. Zaynich is designed to treat complicated urinary tract infections (cUTI), including pyelonephritis, and is specifically targeted at infections caused by drug-resistant Gram-negative bacteria. The FDA’s approval comes amid growing global concerns about antimicrobial resistance, which has limited treatment options for physicians. Wockhardt’s success in securing regulatory clearance in both the U.S. and India represents a rare achievement for an Indian pharmaceutical firm, as only a few companies have managed to navigate the complex process of developing globally relevant antibiotics. The approval is a culmination of Wockhardt’s long-term commitment to antibiotic research. The company has focused on addressing critical gaps in the market left by large global pharmaceutical firms that have reduced investments in antibiotic development. Zaynich’s target—Gram-negative resistant infections—represents one of the most challenging and rapidly evolving threats in infectious diseases. According to Wockhardt’s estimates, approximately two million patients worldwide suffer from such infections, creating a substantial market opportunity. The company projects a total addressable market for Zaynich of nearly $9 billion across the U.S., Europe, and India.#national_stock_exchange #ockhardt #us_fda #zaynich #dr_habil_khorakiwala
Adani Green Energy Launches World's Largest Battery Storage System in Gujarat Adani Green Energy has inaugurated the world's largest single-location battery energy storage system (BESS) outside China, located in Khavda, Gujarat. The project, with a total capacity of 3.37 gigawatt-hours (GWh), marks a significant milestone for the renewable energy sector. The announcement has led to a 0.55% rise in the company's share price on the stock market, with shares trading at 1,418.80 rupees on the National Stock Exchange (NSE). The project's completion in just 10 months since on-site construction began sets a record for large-scale energy storage projects globally. The BESS system is designed to enhance grid stability and ensure uninterrupted power supply during peak demand periods. It can store enough clean energy to power approximately 1 million homes for a full day. Additionally, the system can support 12 million LED bulbs for 10 continuous hours. This advancement is expected to revolutionize the renewable energy sector by providing a reliable infrastructure for grid management. The project is part of Adani Green Energy's broader renewable energy initiative in Gujarat. The company is developing a 30 GW renewable energy plant on 538 square kilometers of land in Khavda, with 9.9 GW already operational. The new BESS system complements this effort, contributing to India's goal of achieving 50 GW of renewable energy capacity by 2030. Adani Green Energy's executive director, Sagar Adani, emphasized the critical role of energy storage in India's transition to clean energy, stating that the sector's rapid growth necessitates robust storage infrastructure. The company has outlined plans to expand its battery storage capacity significantly.#gujarat #national_stock_exchange #sagar_adani #adani_green_energy #khavda
Bakrid 2026 Market Holiday: Stock Exchanges to Remain Closed on May 28 The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain closed on Thursday, May 28, 2026, to observe the Bakrid (Eid-ul-Adha) holiday. This decision follows the official holiday calendar issued by the exchanges, which confirms May 28 as the designated date for the observance of the holiday. Trading activities across all major market segments, including equity trading, equity derivatives, currency derivatives, securities lending and borrowing (SLB), and electronic gold receipts (EGR), will be suspended for the day. The Multi Commodity Exchange (MCX) will also remain shut during the morning session on May 28. However, commodity trading is expected to resume in the evening session. The closure marks the second scheduled market holiday in May, following the Maharashtra Day holiday on May 1. Other planned market holidays for 2026 include Muharram, Ganesh Chaturthi, Dussehra, and Christmas. Investors are advised to plan their trades and settlements accordingly before the holiday. The holiday closure resolves earlier confusion over whether Bakrid would fall on May 27 or May 28. While some states and institutions initially considered May 27, the majority of financial institutions and exchanges have confirmed May 28 as the official date. Bakrid, also known as Eid-ul-Adha or Eid-ul-Zuha, is a significant Islamic holiday commemorating Prophet Ibrahim’s willingness to sacrifice his son in obedience to Allah’s command. It is celebrated as the "Feast of Sacrifice" and symbolizes faith, devotion, and selflessness. The NSE and BSE have listed Bakrid as one of the scheduled trading holidays for 2026.#multi_commodity_exchange #national_stock_exchange #bombay_stock_exchange #bakrid_2026 #muharram
IRB Infrastructure Developers Surges 4.5% on Earnings Announcement IRB Infrastructure Developers Limited (IRB.NS) experienced a significant 4.5% price increase to INR 21.13 on the National Stock Exchange (NSE) following its earnings announcement on May 20, 2026. The surge occurred during the after-hours trading session, driven by strong investor demand and positive market sentiment. The company, based in Mumbai, operates 23 toll road projects spanning 12,975 lane kilometers, which collectively generate steady cash flows through its build-operate-transfer (BOT) model. Trading volume reached 56.6 million shares, far exceeding the average of 16.7 million shares, indicating heightened investor participation. The stock’s performance reflects optimism about the company’s operational efficiency and toll revenue generation. IRB.NS closed at INR 21.13, up 0.91 rupees from the previous day’s close of INR 20.22. It trades above its 50-day and 200-day moving averages, both at INR 21.26, signaling stable price consolidation. The stock’s market capitalization stands at INR 2.44 trillion, with 12.08 billion shares outstanding. While the stock has declined 3.9% year-to-date, it remains above its 52-week low of INR 19.15. Financial metrics highlight the company’s valuation and profitability. IRB.NS trades at a P/E ratio of 32.08, reflecting investor expectations for earnings growth. Its earnings per share (EPS) is INR 0.63, with a price-to-sales ratio of 3.65x. Free cash flow per share reached INR 0.84, underscoring the company’s ability to generate cash from operations. The debt-to-equity ratio of 1.02x indicates moderate leverage typical for infrastructure operators. Operating margins remain robust at 35.4%, while the current ratio of 1.35x suggests adequate liquidity to meet short-term obligations.#mumbai #national_stock_exchange #meyka_ai #irb_infrastructure_developers #industrials_sector
Jay Bharat Maruti Reports Strong Q4FY26 Results; Net Profit Grows 287% Year-on-Year, Dividend Declaration Jay Bharat Maruti Limited announced its Q4FY26 financial results, highlighting a significant increase in both consolidated revenue and net profit. The company reported a year-on-year (YoY) growth of 25.4% in consolidated revenue, reaching Rs 766.01 crore for the quarter, compared to Rs 610.66 crore in Q4FY25. Net profit for the quarter surged to Rs 79.59 crore, a 287% YoY increase from Rs 20.56 crore in the same period of the previous fiscal year. The company also disclosed its FY26 annual performance, with consolidated revenue growing 11.4% YoY to Rs 2,550.99 crore, compared to Rs 2,290.12 crore in FY25. Net profit for the full fiscal year rose to Rs 139.67 crore, a 324% increase from Rs 32.91 crore in FY25. Per-share earnings for FY26 reached Rs 12.90, up from Rs 3.04 in FY25. The board of directors approved a final dividend of 35% for FY26, translating to Rs 0.70 per equity share of face value Rs 2. This dividend is subject to shareholder approval at the upcoming annual general meeting. Jay Bharat Maruti also highlighted its financial performance in Q4FY26, noting that incentives from investments made under Gujarat Industrial Policy 2015 contributed to a 35.50 crore boost in revenue. The company reported a total income of Rs 766.98 crore for the quarter, up from Rs 611.29 crore in Q4FY25. Pre-tax profit for the quarter rose to Rs 56.25 crore, a 84.7% YoY increase from Rs 30.46 crore. The company further announced plans to issue up to Rs 750 crore in equity shares through institutional placements, private placements, or other approved channels.#national_stock_exchange #bombay_stock_exchange #governance #jay_bharat_maruti #gujarat_industrial_policy_2015
Kaynes Technology Shares Plunge 19% Amid Disappointing Q4 Results Kaynes Technology India Limited’s shares experienced a sharp decline, falling as much as 19.44% to a three-month low of ₹3,366.10 on the National Stock Exchange (NSE) on May 14, 2026, following the release of its fourth-quarter (Q4) financial results for the fiscal year 2025-26 (FY26). The stock rebounded slightly later in the day, trading 18.45% higher at ₹3,407.60, but had still lost 22% in the past week and 12% over the month. The company’s market capitalization stood at ₹22,835.35 crore as of May 14, 2026. The poor performance of Kaynes Technology’s shares came after the company reported a 21.5% year-on-year (YoY) decline in consolidated net profit to ₹91.2 crore for Q4 FY26, compared to ₹116.2 crore in the same period of the previous fiscal year (Q4 FY25). Despite this, revenue from operations surged 26.2% YoY to ₹1,242.64 crore, up from ₹984.48 crore in Q4 FY25. The company’s EBITDA (earnings before interest, tax, depreciation, and amortization) rose 15.4% YoY to ₹1,937 crore, but its EBITDA margin contracted by 150 basis points (bps) to 15.6%, down from 17.1% in Q4 FY25. Net working capital days, a measure of how quickly a company can convert current assets into cash, increased to 125 days in FY26 from 87 days in FY25. This metric, along with other financial indicators, raised concerns among investors and analysts. In a statement, Ramesh Kunhikannan, Executive Vice Chairman and Promoter of Kaynes Technology India Limited, highlighted the company’s achievements, including a 33% YoY growth in revenue to ₹3,626.4 crore during FY26. He noted that the firm’s order book stood at over ₹8,000 crore, signaling strong future revenue visibility.#national_stock_exchange #clsa #jpmorgan #kaynes_technology_india_limited #ramesh_kunhikannan
Britannia Industries shares decline 5% as Q4 earnings fail to impress investors; here’s what analysts said Shares of Britannia Industries fell as much as 5% to touch an intraday low of ₹5,524 apiece on Friday, May 8, after the company’s March quarter earnings disappointed market investors. The decline followed a year-to-date loss of nearly 7% for the stock, reflecting investor concerns over the company’s performance. The stock’s market capitalisation stood at ₹1.35 lakh crore, with its 52-week low hitting ₹5,298 on August 14, 2025, and a one-year high of ₹6,336 recorded on September 4, 2026. Britannia reported a consolidated net profit of ₹678 crore for the fourth quarter of financial year 2025-26 (Q4 FY26), representing a 21% increase from ₹560 crore in the same period the previous year. Revenue from operations for the quarter ended March 31, 2026, rose 6.5% to ₹4,719 crore, compared to ₹4,432 crore in the year-ago period. Consolidated sales for the quarter reached ₹4,686 crore, a 7.1% growth. However, the company’s operating profit, or EBITDA, increased 6% to ₹853 crore, while the EBITDA margin dipped marginally to 18.08% from 18.16% in the prior year. For the full fiscal year ended March 31, 2026 (FY26), Britannia’s consolidated sales grew 7.5% to ₹18,858 crore, and net profit surged 16.5% to ₹2,537 crore over the same period last year. Despite these figures, investors remained unimpressed, citing underwhelming growth in key metrics and challenges posed by external factors. Rakshit Hargave, Managing Director and Chief Executive Officer, attributed the Q4 performance to supply disruptions in the international business, which were exacerbated by the West Asia conflict.#morgan_stanley #national_stock_exchange #west_asia_conflict #britannia_industries #rakshit_hargave
HFCL Shares Reach 52-Week High Amid Fresh Optical Fiber Cable Order HFCL shares surged to a 52-week high of ₹128.49 on Monday, May 4, driven by a significant order to supply optical fiber cables to a private telecom operator. The company, along with its subsidiary HTL Limited, secured purchase orders worth approximately ₹84.23 crore. The order, expected to be fulfilled by August 2026, marks a major milestone for the firm, which has seen its stock price rally sharply in recent months. Over the past five trading sessions, HFCL shares gained 18%, with a monthly increase of 72% and a six-month rise of 63%. From the start of the year, the stock has climbed 82%, reflecting strong investor confidence. At 3:07 PM on the National Stock Exchange, shares were trading at ₹125.34, up 8.02% from the previous session. The company’s total market capitalization stands at ₹19,201.41 crore. The order underscores HFCL’s growing prominence in the telecom sector. The firm, which specializes in manufacturing optical fiber cables and telecom products, has expanded its operations to include defense electronics and turnkey EPC services. Its strong R&D capabilities have positioned it as a key player in India’s 5G rollout and broadband expansion initiatives. HFCL operates five manufacturing facilities in India, two each in Telangana and Tamil Nadu, and one in Goa, serving customers in over 30 countries. HFCL’s recent success builds on its long-standing role in India’s telecom industry. Established in 1987, the company began as a manufacturer of telecom equipment during the country’s early telecom expansion phase. It became a pioneer in the sector, establishing one of India’s first private telecom companies. In 1995, HFCL bid ₹85,000 crore for a basic service telecom license, playing a pivotal role in shaping the nation’s telecom landscape.#telangana #national_stock_exchange #tamil_nadu #hfcl #htl_limited
Tata Technologies Reports Strong Q4 Earnings with 22.29% Revenue Growth Tata Technologies announced its quarterly earnings for the January-March period of the 2025-26 financial year, revealing a significant 8.1% year-over-year (YoY) increase in consolidated net profit to ₹204.17 crore. This marks a notable improvement from the ₹188.87 crore profit recorded in the same period of the previous fiscal year. The company’s revenue from operations surged by 22.29% YoY to ₹1,572.22 crore, compared to ₹1,285.65 crore in the fourth quarter of the 2024-25 fiscal year. Sequentially, revenue grew by 15.1% quarter-on-quarter (QoQ) from ₹1,365.73 crore. Breaking down the performance, the service division contributed ₹1,219.6 crore in revenue, reflecting a 19.1% YoY rise and a 15% QoQ increase. The technology solutions segment reported ₹352.6 crore in revenue, up 34.8% YoY and 15.4% QoQ. Operating EBITDA for the quarter reached ₹252.1 crore, a 8% YoY increase from ₹233.4 crore in the March FY25 quarter and a 30.7% QoQ jump from ₹192.9 crore in the December FY26 quarter. The EBITDA margin stood at 16% in Q4 FY26, slightly lower than the 18.2% margin in the year-ago period but improved sequentially from 14.1% in Q3 FY26. The company’s workforce totaled 12,646, with a 16.2% attrition rate over the last twelve months. In terms of dividends, the board recommended a final dividend of ₹8.35 and a one-time special dividend of ₹3.35 per equity share, totaling ₹11.70 per share with a face value of ₹2. This dividend, if approved at the Annual General Meeting (AGM), would be paid within 30 days of the meeting’s conclusion.#national_stock_exchange #tata_technologies #warren_harris #uttam_gujrati #annual_general_meeting
Bandhan Bank Shares Surge to 52-Week High on Strong Q4 Results; Analysts Highlight Key Performance Metrics Shares of Bandhan Bank surged to a 52-week high of ₹200.89 on the National Stock Exchange (NSE) on April 29, 2026, following the release of its fourth-quarter results for the 2025-26 financial year. The stock climbed as much as 12.44% during the session, with the price trading at ₹200.49 at 11:26 AM. This marked a significant rebound from its year’s low of ₹134.25, set on December 9, 2025. Over the past week, the stock gained 13%, while its monthly performance saw a 34% increase, and it rose 39% year-to-date. The strong performance was driven by Bandhan Bank’s robust quarterly results, which highlighted improved financial metrics and operational efficiency. The bank reported a 68.02% year-on-year (YoY) surge in net profit to ₹534.14 crore for Q4 FY26, compared to ₹317.90 crore in the same period of the previous fiscal year. Net interest income (NII) rose 1.4% YoY to ₹2,796 crore, reflecting stable revenue generation despite macroeconomic challenges. The bank’s net interest margin (NIM) stood at 6.2%, a decline of 46 basis points (bps) YoY but an increase of 30 bps quarter-on-quarter (QoQ). Asset quality improved significantly, with gross non-performing assets (GNPAs) falling 140 bps YoY to 3.27% in Q4 FY26, down from 4.71% in Q4 FY25. Net non-performing assets (NNPA) also improved to 0.97%, a 32 bps YoY decline from 1.28% in the prior year. The bank’s return on assets (RoA) was 0.6% and return on equity (RoE) at 4.8% on an annualized basis for FY26. Its capital adequacy ratio, including profits, reached 18.0% as of March 31, 2026, surpassing the regulatory requirement of 11.5%. Deposits grew 10% YoY to ₹1.#national_stock_exchange #bandhan_bank #jp_morgan #partha_pratim_sengupta #macquire
IDBI Bank Shares Surge 8% After FM Reaffirms Disinvestment Plan IDBI Bank shares surged 8% in intraday trading on April 24, 2026, following a statement by Finance Minister Nirmala Sitharaman. The government’s disinvestment plan for the lender was reaffirmed, with Sitharaman assuring that the process would continue despite previous delays. The stock reached a high of ₹79.90 on the National Stock Exchange (NSE) during the session, outperforming the broader market, which saw the Nifty 50 index decline by 1.03%. By 3 PM, the shares were trading at ₹76.36, up 3.5% from the previous close. Sitharaman’s remarks, made during a media interaction, addressed concerns about the privatisation of IDBI Bank. She emphasized that the disinvestment process had been publicly announced and would proceed as planned. The FM clarified that the government would not halt the stake sale, which had been paused earlier due to financial bids falling below the reserve price set by the inter-ministerial disinvestment group. The government and Life Insurance Corporation (LIC) had initially aimed to sell 60.72% of IDBI Bank’s stake, which they had floated in October 2022. Bids for the stake were submitted on February 6, 2026, but failed to meet the reserve price, leading to the scrapping of the sale. Currently, the government and LIC collectively hold 94.71% of IDBI Bank’s shares, with the government owning 45.48% and LIC holding 49.24%. The disinvestment plan targeted the sale of 60.72% of the stake, but the process was paused after the bids fell short. Sitharaman’s reassurance has alleviated investor concerns about the timeline and execution of the privatisation process. Analysts have weighed in on the stock’s valuation and market dynamics.#nifty_50 #national_stock_exchange #idbi_bank #finance_minister_nirmala_sitharaman #life_insurance_corporation
