ACME Solar has secured a 300 MW contract with SECI for the FDRE Tranche VII project, starting in May 2028. The solar power project will operate under a 25-year agreement with a competitive tariff of Rs. 6.28/unit.
Gaurav Rajan
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On May 26th, numerous companies such as IRCTC, ONGC, Siemens, AstraZeneca, JK Tyre, Bayer CropScience, EID Parry, Gujarat Fluorochemicals, and GIC India will be releasing their Q4FY26 financial results. Investors eagerly await updates from these firms on their recent performances.
Consider investing in Ram Ratna Wires and Tata Motors' Passenger Vehicles division, as ETMarkets predicts potential gains of up to 12% for these stocks.
Tata Consultancy Services has rolled out a new service, SovereignSecure Cloud, in Europe, providing a secure and compliant cloud solution for businesses within the region.
Foseco India has announced that the record date for its final dividend is set for June 3, 2026. If approved, shareholders can expect to receive their dividends by July 9, 2026.
Sandhar Technologies anticipates a 15% increase in revenue for the upcoming fiscal year, following a reported $693 million (approx.) in revenue for the previous fiscal year.
Carysil aims for significant revenue growth of 15-20% by FY27, bolstered by robust export demand and the weakening rupee. The company is keen on an extensive expansion within India, setting sights on generating INR 500 crore through retail, B2B, and online platforms.
Premier Explosives soared by 20%, reaching its highest point in a year at ₹714.70, thanks to optimistic earnings forecasts. Credit rating agency Ind-Ra anticipates a revenue growth of 10-15% year-on-year for FY27, with a robust order book of ₹1,271 crore and steady EBITDA margins maintaining stability.
Eicher Motors sees a surge in shares due to favorable market response to their strong results and insightful comments. The company's future contracts are at the forefront of this bullish trend, garnering considerable investor interest today.
Fuel prices in India have risen for a third time this month due to increased crude prices and geopolitical tensions with Iran, pushing retailers to recoup their losses.
Nagreeka Exports Limited will be releasing their FY26 financial results on May 29th, 2026. Trading in the company's shares has been suspended from April 1st until 48 hours following the announcement, as per SEBI PIT regulations.
Despite a continued net loss in Q4, MTNL has shown improvement with a reduction to Rs 307 crore and an increase in revenue by 34%. However, the negative operating margin remains high at -21.6%, indicating ongoing challenges. Notably, Vasudev Singh has been appointed as the new CFO, signaling potential changes to address these issues.
Almondz Global reports a significant increase in Q4 FY25 revenues to ₹72.6 crore and profits to ₹5.4 crore compared to Q3. The standout performer is the Green Fuel JV, generating ₹179.4 crore in revenue and ₹12.2 crore in profit. Infrastructure business also contributed ₹50.5 crore in revenue and ₹1.5 crore in profits.
Pharmaceutical company Lupin has gained approval from Chinese regulators to sell their antiviral drug, oseltamivir phosphate oral suspension, in the country, expanding their market reach.
LIC's Q4 revenue shows a robust increase, according to Bernstein's analysis. The company aims to align its margins with those of private peers within the medium term.
Investment firm Bernstein shows optimism towards Adani Ports and Adani Power, acknowledging their robust execution, financial strength, and competitive edge over government-run entities. They have rated both as 'Outperform'. However, the outlook on Ambuja Cements is more cautious, with a target price of Rs 542.
RailTel has ended a 26.7-crore contract, marking the termination of this significant deal. The reasons for cancellation are not yet disclosed.
Shilpa Talati has offloaded 83,000 shares of Kotyark Industries for approximately INR 38.16 crores, with each share sold at INR 460. This significant sale suggests potential changes in her strategic holdings within the company.
Bikaji Foods has purchased a significant 74% share of Jai Barbareek Snacks through the acquisition of 14,800 equity shares, signifying a strategic move to bolster their business expansion and widen their range of products.
Apollo HealthCo, part of Apollo Hospitals, aims to achieve operational breakeven in Q1 FY2027 as they coordinate this goal with their broader group's restructuring initiatives.
VA Tech Wabag has announced that their 31st Annual General Meeting will take place online on August 12, 2026. The board meeting preceding this event was held earlier in May.
Arvind SmartSpaces shows a significant surge in quarterly profits, almost doubling year-over-year with a sharper rise in EBITDA margin. The company also recommends a sizable final dividend of ₹2.25 per share for its shareholders.
BLS International's Q4 profits surge by 31% year-on-year, indicating a strong recovery. Company executives discuss the influence of visa and travel trends during their earnings call, addressing geopolitical and economic challenges.
Hitachi Energy India reaches a new record high of Rs 35,100 on May 20, 2026, demonstrating ongoing success and robust financial health.
PI Industries' earnings disappoint, causing a decline in its shares, while Mankind Pharma experiences growth due to strong earnings. Meanwhile, Godawari Power, Karnataka Bank, and Dredging Corp have all seen an increase in their shares, following robust results.
Igarashi Motors reports a decrease in Q4 EBITDA, with the figure dropping to ₹193 million compared to ₹197 million last year. The EBITDA margin also saw a decline, falling from 10.4% to 8.5% year-over-year.
Morgan Stanley maintains a positive outlook for Apollo Hospitals, predicting a potential price of INR 8,833 and suggesting investors consider it as an overweight investment.
Apollo Tyres announces a ₹3,500 crore expansion, undeterred by escalating rubber prices. The closure of their Dutch facility and robust performance in India have had an effect on profit margins, however.
Alembic's Q4 EBITDA saw a significant drop of 26% compared to last year, now at 202 million rupees. The margin also took a hit, dropping from 45.4% to 33.7%.
Karnataka Bank has reported a significant 62% year-on-year increase in profit for Q4, reaching ₹408 crores, largely due to an upsurge in Net Interest Income (NII) by approximately 9% to ₹843 crores.
C.E. Info Systems reported a 4.5% increase in Q4 net profit, reaching ₹508 million, despite a modest 0.7% revenue growth to ₹1.45 billion compared to the same period last year.
Investment bank Nomura is optimistic about Avalon Technologies, recommending a 'buy' due to growth in the Electronics Manufacturing Services (EMS) sector driven by AI, semiconductors, and energy trends. They set a target price of Rs 1,722, suggesting a potential increase of 27.3%. The stock showed a positive response with a 1.9% rise in trading on Wednesday amidst mixed analyst opinions.
The competitive landscape in the IT sector is shifting as AI allows mid-sized firms like Coforge and Mphasis to compete more effectively due to their agility and cost efficiency. However, these mid-caps faced a 10% decrease in large contract wins compared to FY26's growth of 12% among larger IT companies.
Max Estates will be presenting their FY26 audited financial results at a board meeting on May 22, 2026. Trading activities for the company have been suspended from May 22 to May 24 due to the release of the financial results.
Trident experiences a 25% decrease in Q4 net profit compared to last year, dropping from ₹1.3 billion to ₹1.02 billion. Similarly, revenue takes a hit, falling 12% year-on-year to ₹16.3 billion.
Today, oil stocks are experiencing a surge. Notably, BPCL's shares have climbed over 3%, indicating a significant boost in investor confidence during today's trading session.
Bernstein remains optimistic about Power Grid, forecasting a target price of ₹305, backed by robust financial projections for FY26 and steady investment plans for FY27. However, potential risks include complications in land acquisitions, increased TBCB share, limitations on passing cost increases to consumers, and extended construction schedules for FY27.
Rama Phosphates reports a significant increase in their financial year 26 profits, with a 285% jump in Profit After Tax (PAT) and a 20% rise in overall revenue to ₹893 crores. The growth was driven by a 15% expansion in fertilizer sales and a doubling of chemical revenue, while the soya segment also showed operational improvement.
Chemplast Sanmar has officially launched the production of R32 gas at their Mettur facility, marking a significant milestone in their operations. The production kicked off on May 18th, 2026, and they've confirmed adherence to all regulatory standards.
HLE Glascoat experiences a 18% decrease in Q4 EBITDA, falling from ₹520M to ₹428M year-on-year. The margin also narrowed significantly, now at 10.9%, marking a substantial decline from the previous year's 15.6%.