HDFC Securities predicts that mid-tier IT companies may surpass their larger counterparts in Q4 growth, with Infosys and HCLTech being favored. This preference is due to the potential for AI-centric opportunities to offset any negative effects from a 6-7% deflation impact.
Vinay Sharma
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HDFC Bank experienced a substantial block deal on the NSE, trading around 256,000 shares at INR 773 per share, resulting in an approximate transaction value of INR 19.82 crore.
Western Carriers India announces an investor meeting on April 10, 2026, in Gujarat. The discussions will revolve around publicly available information, with potential adjustments if necessary due to unforeseen circumstances.
Investment advisory: Citi recommends purchasing shares in RBL Bank, predicting a potential price of ₹390 per share. This recommendation is based on RBL's robust retail growth, especially in secured loans which increased by 36% year-on-year, and a strong Current Account Savings Account (CASA) ratio of 33.6%.
Analysts suggest investing in Adani Power, Titan, Cummins India, Mankind Pharmaceuticals, and Arvind Ltd, due to their positive technical trends and sectoral performance. Expected price levels for these stocks are Rs 170 (Adani Power), Rs 4,180 (Titan), Rs 4,820 (Cummins India), Rs 2,250 (Mankind Pharma), and Rs 430 (Arvind Ltd).
The coal production at BCCL's Dhanbad mine has come to a standstill due to local protests, affecting operations since the 2nd of April. Transportation at the ABOCP mine in Block II remains disrupted as well, causing ongoing disruption to mining activities. [Source: Business Standard]
Kotak Mahindra Bank has reported a 16.2% year-on-year growth in advances for Q4, reaching ₹4.95 lakh crore, with deposits also rising by 14.7%. Notably, the bank's Current Account Savings Account (CASA) deposits increased by 15.5% during the same period. The bank is set to take over Deutsche Bank's India retail business.
Bharat Coking Coal Ltd has announced a change in its senior leadership under SEBI's LoDR Regulation 30, with Suman Kumar stepping down and Sanjay Agarwal assuming the additional role of GM (Civil Welfare) as of April 3rd, 2026.
Nuvama maintains a 'Buy' rating for APL Apollo and has adjusted its price target to ₹2,617, a slight decrease from the previous ₹2,638.
Alkem Laboratories increases its investment for a new Ujjain plant in Madhya Pradesh from ₹533 crore to ₹1,036 crore, signaling an expansion of operations and commitment to the region's pharmaceutical industry. The investment will be phased over time.
Insurance giants like LIC, HDFC Life, Bajaj Finserv, and ICICI Pru have experienced their lowest prices in a year, with declines of up to 24% over the past month. However, the IRDAI's focus on reforms, digital transformation, and product innovation could pave the way for a long-term recovery in the insurance sector.
SoftTech Engineers introduce eTDR - India's inaugural digital TDR platform catering to 18,000 developers, offering instant bidding and enhanced security through blockchain technology.
National Fertilizers Ltd has decided not to issue Commercial Papers in the first quarter of 2026. The previous CP funds were utilized for working capital needs, fulfilling all necessary requirements while keeping their assets classified as 'Standard'.
Star Health maintains a strong credit standing, as Care Ratings has confirmed the AA 'Stable' rating for both its issuer and subordinate debt. More information about this disclosure, which adheres to SEBI regulations, can be found on Star Health's official website.
BEL reports a significant 16.2% year-on-year increase in revenue for FY26, reaching approximately INR 26,750 crores. The company has also secured new orders worth around INR 30,000 crore, including nearly INR 346 million in international exports.
Tilaknagar Industries' Mansion House Brandy has seen a significant increase, selling 10 million cases in FY26 compared to 8.7 million in the previous year. With this success, the company is now targeting national expansion and recently introduced the Monarch Legacy Edition, a high-end pure grape brandy.
Rain Industries reports the completion of a coated spherical purified graphite project by its subsidiaries, Green Graphite Technologies and Rain Carbon Canada. This marks a significant step towards expanding their graphite capabilities.
SML Mahindra will reveal their Q4 financial outcomes on the 20th of April, according to recent updates.
PTC's Aerolloy has set up a 4500T forging system in Lucknow, marking a significant advancement for India's aerospace industry. This move is expected to bolster domestic production of titanium superalloys, potentially reducing the country's reliance on imports and fostering growth in defense manufacturing.
Bajaj Finserv, led by Chairman Sanjiv Bajaj, is set to introduce an AI-focused investment fund, aiming for direct investments in the sector. This move signals a strategic shift towards artificial intelligence technology.