Defense stocks Ashok Leyland, Bharat Electronics, and GRSE are showing promising signs following periods of consolidation, according to Bajaj Broking. The brokerage sets targets at ₹464 for Bharat Electronics, ₹2918 for GRSE, and ₹176 for Ashok Leyland due to favorable risk-reward scenarios and robust technical trends.
Paresh Menon
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Astra Micro's Q4 profits surge by 44%, reaching ₹106 crores, marking a significant growth compared to the previous year. The revenue also rose by 19.7% to ₹488.2 crore. Notably, EBITDA increased by 36%, with profit margins improving to 33.3%. This suggests improved operational efficiency in the recent quarter.
Expert analysis suggests maintaining hold positions in Tata Power, NTPC, and Coal India, while considering buying HDFC Bank and Varun Beverages. Conversely, it's recommended to sell off shares of Indian Railway Finance Corp and Emmvee Photovoltaic Power due to technical and fundamental reasons.
Adani Power reached a new 52-week high of Rs 234.15 on May 25, 2026, indicating a robust recovery from previous setbacks and showing strength in the market.
Chemplast Sanmar remains optimistic about reaching a ₹1,000 crore revenue goal for their CDMO division, despite temporary setbacks in product launches.
The stocks of BEL and Coal India are standing out as risk appetite returns, indicating renewed investor interest. For a comprehensive list of these stocks, follow the given link.
Container Corporation has announced a standalone PAT of INR 1,221.8 crores and PBT of INR 1,623.3 crores for the FY25-26 period. They propose to distribute a dividend of INR 1 per share (equivalent to 20% of their INR 5 face value), with internal auditor services extended through FY26-27.
Zensar Tech reported a 3.1% increase in revenue to ₹643.7 million for Q2, alongside an improved EBITDA margin of 16%. The net profit margin also grew significantly by 120bps to 13.5%, and the number of active clients increased by 7.2% YoY, reaching 178.
The Nahar Industries' Punjab facility experienced a fire that impacted their raw cotton storage, but no injuries were reported. Fortunately, the losses are covered by insurance, with an upcoming assessment for further details.
Kotak Securities has retained a cautious stance on Colgate-Palmolive, setting a target price of INR 2025. The decision is attributed to a projected 9% revenue growth, yet concerns over margin pressures persist due to factors like a decline in gross margins, increased advertising expenses, and duty structure adjustments.
The North Eastern Carrying Corporation Ltd will hold a board meeting on May 29, 2026, to approve their audited financial results. In accordance with SEBI regulations, the trading window will be closed from April 1, 2026, and will reopen 48 hours after the results are announced.
Major corporations such as Asian Paints, IndiGo, ONGC, and RVNL are set to disclose their Q4FY26 financial results, with over 1,500 companies slated to release their earnings reports in the coming days.
Precision Wires announces a significant 45% increase in Q4 profits, signaling strong financial performance. The company's board has also given the green light to secure new working capital lines, which could support future growth initiatives.
Ganesh Dongre suggests considering investments in Hindustan Zinc, Max Healthcare, and HDFC Bank with set price goals. The Nifty index hovers between 23,300 and 24,000, but geopolitical tensions and recent US-Iran developments could influence market mood.
Satia Industries announced its Q4 FY26 results, proposing a dividend of INR 0.40 per share. The results were influenced by an exceptional item of INR 667.3 lakh due to the Labor Codes. For FY27, Moore Singhi has been appointed as the new auditor.
The Reserve Bank of India (RBI) has imposed a fine of INR 10.1 lakhs on City Union Bank due to breaches in regulatory compliance, specifically related to agriculture loans and Self-Help Group data reporting. This action was disclosed according to norms set by the Securities and Exchange Board of India (SEBI).
Three companies - Ambuja Cements, Tube Investments, and Colgate - have decided to leave the BSE 100 index, indicating a potential shakeup in the top-tier stock market listings.
Zuari Agro Chemicals has resolved all the previously announced violations by paying a fine, as confirmed by the Regional Director. The company's alleged infractions, disclosed earlier in May, have now been compounded, bringing this matter to a close.
Crest Ventures has set August 14, 2026, as the cut-off date for shareholders to be eligible for the final dividend payment. The Annual General Meeting (AGM) is scheduled for August 22, 2026, and eligibility for voting will also depend on ownership status by August 14.
Narmada Agrobase Limited experienced a significant 6% surge today, reaching an all-time high of Rs 38.06. This outperformance occurred despite the Sensex's minimal 0.31% growth, with the strength in the FMCG sector being a key driver for Narmada Agrobase's success.
Today, approximately 46.4 lakh shares of Bank of Baroda changed hands through two block transactions, indicating significant institutional activity in the stock.
Bikaji Foods is aiming for a 20% growth spurt by expanding into major markets, setting a goal of establishing approximately 500,000 retail outlets as part of their strategic expansion plan.
Muthoot Capital Services Ltd has updated its ESOP Trust under SEBI regulations for its employee stock option scheme. Notably, Mini Sureshkumar is now the new trustee, replacing Chithra U. in the composition of the trust.
Manali Petrochemicals significantly boosted its Q4 EBITDA, recording a rise to ₹434 million compared to ₹210 million from the previous year. The company's earnings margin also expanded notably, reaching 14.9%, up from 9.1% year-over-year.
Indian Overseas Bank plans to raise INR 5,000 crore through various methods like FPO, Rights, and QIP. This move includes issuing up to 10 crore ESPS shares by 2026-27 and INR 1,000 crore in Tier II bonds as part of their capital infusion strategy.
IndusInd Bank is exhibiting a positive upward trend, as indicated by an ascending channel marked by higher highs and lows. The Relative Strength Index (RSI) currently stands above 50, suggesting a rise in momentum and a potential positive trajectory for the bank's stock.
Ramco Systems reported a 13% year-over-year increase in revenue for FY26, reaching $79.9 million, with an improved EBITDA margin of 24%. Recurring revenue grew by 15%, and order bookings hit $51.7 million. Notably, the company also launched a new AI platform during this period.
Godawari Power & Ispat recently held their Q4 FY26 earnings call, led by Monarch Networth Capital. Topics covered include their financial results, management insights, and future outlooks.
CarySil expects a significant year-over-year revenue increase of approximately 15-20%, according to CNBC TV18. This potential growth signals positive momentum for the company.
Metro Brands saw a notable 20% increase in profit for Q4 of the fiscal year 2026, also boosting EBITDA by 20%. The surge in e-commerce sales reached an impressive 53%, with the addition of 124 net stores during the same fiscal year.
HSBC has lowered its rating for Jubilant FoodWorks, citing Q4 results as a factor and reducing its price target. This move led to an 8% drop in Jubilant FoodWorks' share price.
The Adani Group has finalized a Rs 5,693 crore purchase from Jaypee Infratech, gaining a 24% stake in JPVL and completing its acquisition of JFIL as well. This significant move expands the Adani Power's portfolio.
HealthCare Global Enterprises (HCG) plans to sell its stake in BACC Health Care for approximately ₹37.6 crore, as per the Sales Purchase Agreement. This move supports HCG's strategic focus on cancer services and high-growth sectors.
Automotive Axles reports a revenue of INR 21.7 billion for FY26, with a profit after tax (PAT) of INR 1.64 billion. The board proposes a final dividend of INR 32 per share, although an exceptional expense of INR 119.9 million was acknowledged in the report.
Elara identifies Bharat Electronics Ltd (BEL), Hindustan Aeronautics Limited (HAL), and Solar Industries as their leading defense sector choices for the fiscal year 2027, highlighting potential growth prospects in these companies.
Nomura advises investors to purchase shares of Indian Oil Corporation (IOC), expecting it to reach ₹180 based on optimistic forecasts driven by planned refinery expansion and strong Q4 EBITDA inventory benefits.
Eris Lifesciences announced an interim dividend of INR 7.21 per share for the fiscal year 2026, with the record date set on May 29, 2026, and payments scheduled for June 19, 2026. The company's profit for FY26 reached INR 647.51 crores.
Dabur India has established a new subsidiary, Pravah Consumer Group Inc., based in Delaware, USA. This move falls under Dabur International and marks an expansion of their business operations in the US. The company was officially incorporated on May 15, 2026.
Despite a 19.7% quarter-on-quarter decrease in Q4 FY26 net profit for Sigma Solve Ltd to ₹5.37 crore, the company's revenue remained stable. The stock price rose 0.5% to ₹40.82 on May 19, 2026, despite investor concerns over potential margin compression.
BASF India reported a significant 35% year-on-year increase in Q4 net profit, reaching ₹636 million. The company's revenue also grew by 6% YoY, amounting to ₹34 billion in the same quarter.