Hindalco projects that India will become self-reliant in copper production within the next two years, marking a significant step towards domestic resource utilization. For Novelis, Hindalco expects the fiscal year 2027 to be a turning point with potential growth and improvements.
Ashish Nair
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Hitachi Energy ends Q4 with impressive results, boasting a healthy order backlog due to strong demand.
Rajesh Kolekar just made a significant investment in Sagardeep Alloys, acquiring over 125 thousand shares at an average price of roughly Rs. 28 per share. This could potentially signal confidence in the company's future prospects.
Divgi TorqTransfer Systems achieved a record revenue of INR 375 crore in FY26, marking a 56% year-on-year increase. EBITDA stood at INR 92 crore with a 24.6% margin, while profit after tax (PAT) doubled to INR 47 crore due to global expansion efforts.
SoftTech Engineers has secured an ERP order from SCON Projects for project management, but the company's stock price dipped to Rs. 390.1 on BSE, falling from previous highs, with a daily trading volume of around Rs. 26,526.
Bombay Super Seeds has achieved a significant growth in Q4 sales, with a 45% year-over-year increase to INR 664.3M. The company's strong financial performance is evident as they approach the end of their fiscal year on March 31, 2026.
Sun Pharma's research division has received approval from SEBI for a warrant issuance worth INR 150 crore, with compliance to ICDR standards verified by auditors. The company plans to issue around 3.85 million warrants and has already received INR 149.99 crore from Shanghai Finance.
ICRA's week-end stock price decreased by 0.2%, finishing at Rs 5,393.3, trailing behind Sensex's 0.5% growth. This discrepancy may be due to mixed technical signals and robust Q4 results being overshadowed by selling pressure.
Anupam Rasayan's Q4 net profit decreased slightly to ₹427 million from ₹446 million last year, but the company still managed a significant 28% increase in revenue for the quarter at ₹6.4 billion compared to the previous year.
Hindalco's Q4 earnings dropped by over half despite a revenue increase, while NTPC and Eicher Motors saw substantial net profit gains. Eicher Motors reported its highest-ever Q4 net profit, with Torrent Pharma experiencing a significant decrease in profits.
Fortis Healthcare shows robust performance even amidst fresh hospital costs, attributed to effective growth strategies detailed by CFO Vivek Gopal.
Neogen Chemicals is set to debut an electrolyte production facility by September 2026, a move aimed at increasing capacity and potentially boosting profit margins in the future.
In Q4 FY26, DLF and other listed realty companies stood out, performing better than the overall housing sector. Their robust performance can be attributed to successful execution strategies and a growing preference for high-end housing. [Business Standard]
Mukta Arts has endorsed its financial results for the fiscal year ending March 2026, with the internal auditors being reappointed for the following fiscal year. Additionally, an investment of BHD 120,000 has been made in one of the company's subsidiaries.
Urja Global announces challenges with GST (Goods and Services Tax) during the audit of their FY26 financial results. Effective June 3, 2026, a new CEO will be appointed to lead the company following notable changes in key personnel.
India Glycols Ltd has initiated mediation to challenge a ₹79.8 crore insurance claim rejection, stemming from damage to plant machinery at their Kashipur facility in 2020. The dispute is with New India Assurance over the insurance claim.
DiGiSPICE Technologies achieved a notable increase in profit after tax (PAT) of INR 25 crores in FY26, a year-on-year growth from INR 6.5 crores. This surge was primarily due to the success of AEPS, UPI, and credit product offerings. To further boost its growth, DiGiSPICE intends to extend its UPI Cash Point and financial products into South India, focusing on underserved Tier 4-6 markets for increased penetration.
Polycab India has reached a new high in May, indicating an ongoing upward trend. This presents investors with the challenging choice between buying more shares or cashing in on existing investments.
Fino Payments' CEO has chosen to retire from his position on a voluntary basis. Sun TV's earnings before interest, taxes, depreciation, and amortization (EBITDA) dropped by 9%, resulting in a margin of 44.3%. Meanwhile, Welspun Corporation experienced a significant 47% decline in profits.
Paytm's parent company, One 97 Communications, has executed a Rs 960 crore block sale, with Elevation Capital participating in the process. Shares were sold at a 2.99% discounted rate of Rs 1,120.65, and this deal accounts for approximately 1.3% of total shares while maintaining a 30-day lock-up period.
Vintage Coffee saw a significant increase in its Q4 revenue, up by 57% year-over-year to approximately ₹165 crore. Profit after tax (PAT) also rose by 34%. For the full fiscal year 2026, the company reported a 79% jump in revenue to ₹553 crore, with PAT increasing by 80% to ₹72 crore.
Metro Brands reported a 23.5% increase in Q4 profit to ₹117.7 crore, fueled by consumer spending during festivals and weddings as well as a surge in online sales. This growth led to a revenue jump of 20.3% YoY to ₹773 crore, with a significant increase in online sales by 53%. The company also expanded its store count by adding 42 outlets. As a result, they have proposed a dividend of ₹3 per share.
Walchandnagar Industries Limited has reported a significant 84% revenue growth in Q4 FY26, reaching ₹103 crore and returning to profitability with ₹2.94 crore net profit. This recovery is attributed to improved execution, effective cost management, and increasing infrastructure activity. The stock currently trades at around ₹238, within its 52-week range of ₹131-278.
BPCL has made its first US LPG purchases for diversified imports, aiming to decrease reliance on the Gulf region due to disruptions. This move comes as their net profit for FY26 almost doubled to ₹25,843.5 crore, and they plan to expand with over 1,000 new fuel stations in FY27.
Anil Kumar Dedhia has offloaded approximately 1.18% of his shares in Ganesh Benzoplast Ltd, leaving him with a remaining stake of around 3.45%. His total shareholding has decreased from 4.63% to 3.45%, as per BSE records.
Tega Industries receives a long-term 'A' and short-term 'A1' rating from ICRA, yet faces potential debt and integration risks, as their solid market position and operational synergies are noted.
Syrma SGS has seen a shift in its valuation, now considered expensive rather than very expensive, yet the company's robust fundamentals and attractive returns continue to captivate investor interest.
D3 Stock Vision purchased approximately 234,000 shares of Autoline Industries, with an average price of ₹93.1 per share, according to NSE bulk trades.
PI Industries experienced a 12% decline in Q4 revenue compared to the previous year, with EBITDA also decreasing by 26%. Despite this drop in overall revenue for FY26 (down 16%), the pharmaceutical sector saw growth of 23%. The company has announced a dividend of Rs 15 per share.
PTC India's Q4 profit dropped significantly by 67.4%, despite an increase in revenue. The board has proposed a dividend of ₹5.5 per share for shareholders.
Investment analysts are bullish on companies like Avalon Tech, AWL Agri, Hindalco, ICICI Bank, BEL, and Zydus Life due to their promising growth potential and favorable market trends. Notably, Avalon is expected to witness a 31% compound annual growth rate (CAGR) by FY29, while ICICI Bank's retail sector performance remains strong. Additionally, BEL and Zydus Life are experiencing robust order inflows and outperforming in the US market respectively.
Max Healthcare has taken over a 58.3% share in Kalinga Hospital for approximately INR 298 crore, transforming Kalinga into a subsidiary of Max Healthcare following a secured term loan financing.
Astral's Q4 revenue surged by 24.2%, along with a 27% increase in EBITDA, indicating strong financial performance. The company has announced a final dividend of ₹2.50 per share for its shareholders.
Top picks for today (May 19) feature companies like IGL, Paytm, Power Grid, KEC Intl, NHPC, and Bajaj Finance. Analysts suggest potential investment strategies, ranging from buying, selling, or holding these stocks, as per ET NOW.
Subros has announced a 15.6% increase in its Q4 revenues compared to the same period last year, yet profits have narrowed down due to margin contraction. Shareholders can expect a dividend payment of ₹3 per share.
Radiant Cash Management will announce their FY26 financial results on May 29, 2026. The board is set to discuss and decide on a potential final dividend at this time. Trading activity for the company will be suspended until 48 hours after the results are announced.
The Department of Justice has filed a motion to drop securities and wire fraud charges against certain individuals, halting further prosecution in this case. A formal court order is now pending from the U.S. Eastern District Court of New York.
Baazar Style Retail has officially announced its FY26 financial results, approved by auditors without any modifications. The company has also allocated 15 lakh shares at ₹328.25 as a result of warrant conversions. However, the decision on a potential stock split is still pending.
Oil marketing companies (OMCs) continue to incur a daily loss of approximately Rs 750 crore due to the sale of petrol, diesel, and LPG. A recent increase of Rs 3 per liter has slightly alleviated the losses, reducing them from earlier levels of Rs 1,000 crore per day. This underscores ongoing challenges in maintaining fuel prices amidst fluctuating global oil markets.
Strong retail SIP (Systematic Investment Plan) growth is boosting asset management companies (AMCs), with Nippon Life and ICICI Prudential leading the pack, as per Siddhartha Khemka's assessment of the AMC sector. This positive trend could indicate a promising outlook for the industry.