Stock Market Crash News Today: Nifty Tests Crucial 23,400 Support Level; Sensex Ends 500 Points Lower

While the Indian markets closed in red, Wall Street is expected to open in green with Dow, S&P 500 and Nasdaq are set to climb close to record highs amid a tech rally. European markets traded mixed, with the CAC 40 rising 0.01% and the IBEX 35 fell 0.09%. The STOXX Europe 600 fell 0.23%, while the FTSE MIB rose 0.05%. Germany’s DAX gained 0.18% and the FTSE 100 was down 0.21%.

ICICI Bank, L&T, ITC, M&M and HUL dragged the Nifty index on Monday. On the other hand, Infosys, TCS, TechMahindra, CIL and Hindalco were among the gainers.

• Nifty closes in red for the 4th day in a row, down 0.75% today.
• Tata Consumer Products & HUL are the top losers in Nifty, both down over 3%.
• Broader market underperforms the benchmark today
• Nifty Midcap 150 falls for the 2nd day in a row, down almost 1.5% today.
• GE Vernova & Suzlon are the top losers in Nifty Midcap 150, both down over 6%.
• Nifty Smallcap 250 falls for the 2nd consecutive day, down almost 1% today.
• JP Power & Finolex cables lead the fall in Nifty Smallcap 250, both down over 13%.
   

Rupee was flat at 95.00 per dollar in comparison to 95.00 on Friday.

Nifty FMCG and Nifty Defence fell over 2% on Monday, while Nifty IT and Nifty Media rose 2.66% and 1.37% respectively.

• Sectors end on a mixed note.
• Nifty IT was the top gaining sector today, up over 2.5%.
• Tech Mahindra & Infy were the top gainers in Nifty IT, both up over 3.5%.
• Nifty FMCG was the top losing sector today, down over 2.25%.
• Dabur & HUL were the top losers in Nifty FMCG, down both over 3% today.
• Nifty Oil & Gas, Nifty Fin Serv, Nifty Bank ends low for the 4th consecutive day.
• Nifty FMCG ends in red for the 3rd day in a row.
• Nifty IT gains for the 2nd consecutive day.
• Nifty India Defence, Nifty Realty, Nifty Auto, Nifty PSU Bank, Nifty Pharma ends in red for the 2nd day in a row.

Nifty ended below 23,400 level for the first time since May 13 while Sensex closed over 500 points lower. The Nifty 50 fell as much as 0.70% to 23,382.60 after rising as much as 0.8% to 23,733.70 earlier in the session. The Sensex fell as much as 0.68% to 74,267.34, nearly 1,000 points below the day's high of 75,357.93.

The shares of Maruti Suzuki fell 1.27% to Rs 12,960 per share. This comes amid the Maruti Suzuki May Sales call. The company said that it has not given any export targets due to uncertain global situation. However, it expect to atleast get last year's export number of 4.47 lakh units.

Photo Credit: NDTV Profit

• Ashok Leyland’s total sales fell 4% year-on-year to 14,923 units in May, below the estimate of 16,700 units.
• Medium and heavy commercial vehicle sales declined 13% to 8,966 units, while light commercial vehicle sales rose 15% to 5,957 units.

• Tata Motors’ passenger vehicle sales rose 42% year-on-year to 59,790 units in May, below the estimate of 60,700 units.
• Domestic sales increased 42% to 59,090 units, while exports rose 45% to 700 units.

• Eicher Motors’ Royal Enfield sales rose 15% year-on-year to 1.03 lakh units in May, below the estimate of 1.05 lakh units.
• Sales of models up to 350cc rose 19% to 90,784 units, while sales of models above 350cc fell 4% to 12,447 units. Exports declined 33% to 9,116 units.

• European markets opened lower on Monday, with the pan-European Stoxx 600 down 0.2% as most sectors traded in the red.
• London’s FTSE 100 fell 0.2%, France’s CAC 40 was flat, while Germany’s DAX rose 0.1%.

• Brent crude futures rose 3.1% to $93.95 per barrel on Monday, while West Texas Intermediate futures gained 3.5% to $90.40 per barrel.
• Oil prices rose after Israel ordered troops to move deeper into Lebanon, raising concerns that clashes with Hezbollah could affect the ceasefire between Washington and Tehran.

• Zee Entertainment shares rose 6.41% to Rs 99.08 after the company partnered with FIFA for the 2026 and 2030 World Cups.
• The partnership covers 39 global football events. The stock rose to an intraday high of Rs 99.80, compared with its previous close of Rs 93.11.


 

• The Nifty 50 fell as much as 0.67% to 23,390 after rising as much as 0.8% to 23,733.70 earlier in the session.
• The Sensex fell as much as 0.6% to 74,302.48, more than 1,000 points below the day’s high of 75,357.93.

• The Nifty 50 fell as much as 0.4% to 23,453 after rising as much as 0.8% to 23,733.70 earlier in the session.
• The Sensex fell as much as 0.4% to 74,494.56, more than 800 points below the day’s high of 75,357.93.

• The Nifty 50 traded below its previous close, down 0.3%, with HUL and Tata Consumer among the top losers. Thirty-six Nifty 50 stocks traded in the red.
• Nifty Bank fell nearly 1% and traded near the day’s low, with Union Bank and Canara Bank among the key draggers. All broader indices traded lower, with Nifty Midcap 100 down over 1%.

• Tech Mahindra and Persistent Systems saw long build-up in trade, while LTM and HCL Tech saw short covering.
• Hitachi Energy and Kalyan Jewellers saw long unwinding. Inox Wind and GE Vernova T&D saw short build-up.

Adani Green Energy said its arm operationalised a 50 MW solar power project in Khavda, according to an exchange filing.

Nishit Shah of JM Financial told NDTV Profit that the company expects 20-22% AUM growth in affordable housing and loan book growth of around 15% in FY27.

Shah said primary market issuances have slowed and pending issuances remain a concern. He said the loan book has reduced to Rs 4,000 crore from FY24 levels.

• Nishit Shah of JM Financial told NDTV Profit that the company expects 20-22% AUM growth in affordable housing and loan book growth of around 15% in FY27.
• Shah said primary market issuances have slowed and pending issuances remain a concern. He said the loan book has reduced to Rs 4,000 crore from FY24 levels.

• Mahesh Nandurkar of Jefferies told NDTV Profit that the solar equipment chain looks interesting and valuations of power-related companies appear reasonable. He said power demand could be much higher than expected.
• Nandurkar said he sees reasonable opportunities in the banking sector. He also said the AI trade is weighing on India’s FII and FPI outlook, and he is not optimistic about FPI inflows into India.

• TVS Motor’s total sales rose 31% year-on-year to 5.7 lakh units in May, above the estimate of 5.1 lakh units.
• Two-wheeler sales increased 31% to 5.43 lakh units, while motorcycle sales rose 30% to 2.73 lakh units. Scooter sales gained 32% to 2.2 lakh units, EV sales rose 56% to 43,632 units and exports increased 49% to 1.75 lakh units.

• \Maruti Suzuki’s total sales rose 35% year-on-year to 2.42 lakh units in May, above the estimate of 2.27 lakh units.
• Domestic sales increased 35% to 2 lakh units, while exports rose 34% to 41,914 units. Passenger car sales rose 42% to 97,830 units, and LCV sales increased 17% to 3,198 units.

• TVS Motor’s total sales rose 31% year-on-year to 5.7 lakh units in May, above the estimate of 5.1 lakh units.
• Two-wheeler sales increased 31% to 5.43 lakh units, while motorcycle sales rose 30% to 2.73 lakh units. Scooter sales gained 32% to 2.2 lakh units, EV sales rose 56% to 43,632 units and exports increased 49% to 1.75 lakh units.

• Gross GST collections rose 3.2% year-on-year to Rs 1.94 lakh crore in May 2026. Net GST collections after refunds stood at Rs 1.67 lakh crore, also up 3.2% from May 2025.
• Adjusted for a one-time Rs 10,000 crore payment by a telecom company in May 2025, gross GST revenue grew 9% and net GST revenue rose 10.1% in May 2026. Total refunds stood at Rs 27,281 crore, up 2.6% year-on-year.

• Acme Solar’s Rs 2,500 crore qualified institutional placement is set to open, according to sources.
• Bankers indicated strong demand for the issue, with interest seen among domestic fund houses. The company plans to use the proceeds for capital expenditure and growth plans.

• Thomas Cook (India) rose 3.54%, followed by TBO Tek at 2.04%, IRCTC at 0.93% and Yatra Online at 0.80%.
• Easy Trip traded lower by 2.23%.


 

• Hindustan Petroleum Corp. fell 1.97%, while Indian Oil Corp. declined 0.21%.
• Bharat Petroleum Corp. traded higher by 0.25%.


 

• Anant Raj rose 5.62%, followed by Brigade Enterprises at 1.04%, DLF at 0.95%, Prestige Estates at 0.49% and Godrej Properties at 0.14%.
• Macrotech Developers fell 2.49%, while Oberoi Realty, SignatureGlobal India, Sobha and Phoenix Mills also traded lower.

 

• Wockhardt rose 12.31%, followed by Gland Pharma at 3.56%, Zydus Lifesciences at 2.59%, Laurus Labs at 2.37% and Piramal Pharma at 1.10%.
• Alkem Laboratories fell 2.34%, while Glenmark Pharma, Mankind Pharma, Ipca Labs and Divi’s Laboratories also traded lower.

• Union Bank of India fell 1.13%, followed by Bank of Maharashtra at 1.06%, Canara Bank at 1.01%, Punjab National Bank at 0.97% and Bank of India at 0.94%.
• Central Bank of India rose 0.42%, Punjab & Sind Bank gained 0.38% and State Bank of India added 0.23%.

• Nifty IT rose 2.98%, while Nifty Media gained 2.66% in trade. Nifty Pharma and Nifty Metal also traded higher.
• Nifty PSU Bank fell 1.10%, followed by Nifty India Defence at 1.04%, Nifty FMCG at 0.92% and Nifty Energy at 0.87%.


 

• For Nifty, the options chain points to a near-term range of 23,500-24,000.
• For Bank Nifty, the key range remains 54,000-55,000.
• Fresh Put writing below spot levels and continued Call additions above spot levels indicate traders are still favouring range-bound positioning rather than preparing for a breakout.

• The highest Put open interest remains concentrated at 54,000, making it the most important support level for Bank Nifty.
• At the same time, strong Call open interest at 55,000 and aggressive Call additions at 54,500 indicate limited upside expectations.
• Unless 55,000 is crossed decisively, traders are likely to continue treating the 54,000-55,000 band as the key trading range.

• The accumulation basket shows a clear technology bias.
• Tech Mahindra, Tata Elxsi, Coforge, Persistent Systems and OFSS all appeared among stocks attracting fresh long positions.
• The data suggests traders are selectively building exposure to IT names after recent corrections.

• Angel One topped the accumulation list with open interest rising sharply alongside gains in futures prices.
• Tech Mahindra, Wipro, Tata Elxsi, Coforge and Persistent Systems also featured among stocks witnessing fresh long additions.
• The combination of higher prices and rising open interest indicates fresh bullish positions entering these counters.

• Among stock futures, PI Industries recorded a 167.8% rise in total open interest despite a 23.35% decline in the stock.
• Wipro's total open interest increased 151.95%, while HDFC Bank added 22.06%.
• Persistent Systems, Glenmark and ONGC also saw notable increases in derivatives positioning.

• Nifty Bank has fallen 7.15% since the previous expiry, yet total derivatives open interest has increased 36.43%.
• Call open interest rose 44.75%, while Put open interest gained 27.43%.
• The build-up suggests participants continue to carry positions despite weakness in the banking index.

• Nifty 50 has declined 9.19% since the previous expiry, but total derivatives open interest has surged 165.68%.
• Call open interest has risen 205.88%, while Put open interest has increased 139.43%.
• The sharp rise suggests significant rollover activity and heavy hedging as traders position for continued volatility.

• Nifty Bank weekly and monthly options positioning remains centred on the 54,000-55,000 zone.
• The 54,000 strike holds the largest Put open interest, while 55,000 carries the highest Call open interest.
• Fresh Call writing was strongest at 54,500, followed by 54,300-54,400 strikes, indicating traders expect supply to emerge on rallies.
• The data points to support around 54,000 and resistance near 54,500-55,000.

• Monthly options data shows the largest combined open interest at 24,000, where both Call and Put writers remain active.
• Fresh Put writing emerged at 24,200, while Put unwinding was visible at 23,000, indicating traders are gradually moving support higher.
• The 24,500 strike continues to attract sizeable Call open interest, making 24,500 the next major resistance zone beyond 24,000.

• Nifty weekly options data showed aggressive Call writing at 23,600 and 23,700, with fresh additions extending up to 24,000. The highest Call open interest now sits at 24,000 with more than 21 lakh contracts.
• On the Put side, the largest base remains at 23,500 and 23,600, while fresh Put writing was concentrated at 23,500-23,700.
• The positioning suggests traders are treating 23,500-23,600 as immediate support and 24,000 as the key resistance for the weekly expiry.

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• M&M’s total sales rose 20% year-on-year to 99,636 units in May.
• Passenger vehicle sales rose 11% to 58,021 units, above the estimate of 57,000 units. Total tractor sales stood at 49,695 units, compared with the estimate of 41,800 units. Exports rose 37% to 5,000 units.

• Escorts Kubota’s total sales rose 19% year-on-year to 12,310 units in May, compared with 10,354 units a year earlier.
• Domestic sales increased 23% to 11,887 units, while exports fell 35% to 423 units from 651 units. The company said farm sentiment and rural demand aided sales, while near-term headwinds may affect the pre-kharif season.

• PTC Industries rose 14.80%, followed by Wockhardt at 10.67%, Olectra Greentech at 6.91%, Saregama at 5.85% and Vardhman Textiles at 5.53%.
• Jaiprakash Power Ventures fell 6.72%, while Inox Wind, Orient Refractories, JM Financial and Schneider Electric Infrastructure were also among the losers.


 

• Inox Wind shares fell 7.39% to Rs 86.15 after the company reported a 51.1% year-on-year decline in consolidated net profit to Rs 91.3 crore in Q4.
• Revenue fell 0.4% to Rs 1,306 crore, while EBITDA declined 10% to Rs 261 crore. EBITDA margin narrowed to 20% from 22.1%.

• Olectra Greentech shares rose 7.97% to Rs 1,274.10 after the company reported consolidated net profit of Rs 55.5 crore in Q4, compared with Rs 21 crore a year earlier.
• Revenue rose 43.6% year-on-year to Rs 645 crore, while EBITDA increased 76.3% to Rs 99.6 crore. EBITDA margin widened to 15.4% from 12.6%.

• PTC Industries shares rose 11.28% to Rs 18,018 after the company reported a consolidated net profit of Rs 59.9 crore in Q4, compared with Rs 24.6 crore a year earlier.
• Revenue rose 84.9% year-on-year to Rs 225 crore, while EBITDA increased to Rs 72.6 crore from Rs 28.7 crore. EBITDA margin widened to 32.2% from 23.5%.

• NMDC Steel shares rose 12.08% to Rs 50.01 after the company reported a 15.5% sequential rise in consolidated net profit to Rs 2,018 crore in Q4.
• Revenue rose 49% to Rs 11,343 crore, while EBITDA increased 23.2% to Rs 2,643 crore. EBITDA margin narrowed to 23.3% from 28.2%.

• Nifty IT rose 2.06%, while Nifty Media gained 1.24% in trade.
• Nifty Metal, Nifty Oil and Gas, Nifty Bank and Nifty PSU Bank also traded higher. Nifty FMCG, Nifty Energy and Nifty Auto were in the red.


 

• Infosys added 23.62 points to the Nifty 50, followed by HDFC Bank at 15.54 points, Asian Paints at 10.57 points, InterGlobe Aviation at 10.18 points and TCS at 8.95 points.
• M&M, HUL, Eternal, NTPC and Axis Bank were among the stocks that weighed on the index.


 

• The Nifty 50 rose as much as 0.8% to 23,728.30 in early trade.
• The Sensex gained as much as 592 points, or 0.8%, to 75,367.93.

• Hyundai Motor’s total sales rose 4.1% year-on-year to 61,137 units in May, below the estimate of 64,500 units.
• Domestic sales increased 9.1% year-on-year to 47,837 units.

• The Nifty 50 was up 40.30 points, or 0.17%, at 23,588.05 in pre-open trade.
• The Sensex rose 431.51 points, or 0.58%, to 75,207.25.

The rupee strengthened as much as 3 paise to 94.97 against the US dollar in opening trade.

• Bajaj Auto’s total sales rose 20% year-on-year to 4.61 lakh units in May.
• Domestic sales increased 10% to 2.48 lakh units, while exports rose 34% to 2.13 lakh units. Domestic two-wheeler sales rose 9% to 2.09 lakh units, and domestic three-wheeler sales rose 12% to 38,503 units.

Kalpataru Projects received orders worth Rs 2,002 crore across its power transmission and distribution, buildings and factories, and rail businesses, according to an exchange filing.

• Goldman Sachs expects the RBI to keep rates unchanged in June and retain a neutral stance. It expects Q1 CY26 GDP growth at 7.2% and inflation to rise above 5% in the second half of CY26.
• BofA said holding rates is the most likely outcome in June, while the external environment remains challenging.

• HSBC said banking-system credit growth remained strong at 16.2% year-on-year and maintained its FY27 loan-growth estimate of 12%.
• The brokerage said MSME credit growth moderated, while corporate credit improved. It said inflation, weak monsoon and Middle East-related supply disruptions remain risks.

• BofA maintained Marketweight on ONGC, citing support from its refining and marketing business in FY26. It said E&P realisations and production remained weak, even as crude realisations improved in Q4.
• Investec maintained Buy with a target price of Rs 330. It said Q4 disappointed, while higher oil prices and a rising share of new-well gas are expected to support earnings.

• Goldman Sachs maintained Buy on InterGlobe Aviation with a target price of Rs 5,200, citing better operational performance despite disruptions.
• Jefferies also maintained Buy but cut its target price to Rs 5,380 from Rs 5,500. It said the company expects mid-teen revenue growth led by pricing, while near-term performance may remain muted.

• Jefferies maintained Buy on Cummins India and raised its target price to Rs 7,100 from Rs 4,975. HSBC also maintained Buy and raised its target price to Rs 6,500 from Rs 5,500.
• Macquarie maintained Outperform and raised its target price to Rs 5,750 from Rs 5,350, while Goldman Sachs maintained Sell with a target price of Rs 3,980.

• Brokerages remained divided on Asian Paints after its Q4 update. Jefferies and Macquarie maintained Buy ratings, with target prices of Rs 3,300 and Rs 3,000, respectively.
• Citi and Goldman Sachs retained Sell ratings but raised their target prices to Rs 2,500 and Rs 2,575, respectively. HSBC maintained Hold with a target price of Rs 2,550.

• Brokerages remained divided on Asian Paints after its Q4 update. Jefferies and Macquarie maintained Buy ratings, with target prices of Rs 3,300 and Rs 3,000, respectively.
• Citi and Goldman Sachs retained Sell ratings but raised their target prices to Rs 2,500 and Rs 2,575, respectively. HSBC maintained Hold with a target price of Rs 2,550.

• The US FDA found data integrity lapses at Dabur India’s Dadra and Nagar Haveli facility after an inspection between Jan. 12 and Jan. 16, 2026.
• The regulator also flagged deficiencies in equipment cleaning and maintenance, written procedures, production record reviews, building upkeep and microbiology testing.

• Bharti Airtel: Arm completed redemption of outstanding $500 million subordinated perpetual securities listed on the Singapore Stock Exchange.
• RR Kabel: Re-designated Mahhesh Kabra as Joint Managing Director from June 1. Re-designated Rajesh Kabra as Joint Managing Director from June 1.
• Wockhardt: Received US FDA approval for Zaynich.
• NCC: Received orders worth Rs 1,837 crore in May. Received orders worth Rs 1,289 crore under the water division.
• Suzlon Energy: To file appeal before SAT against Rs 15.95 crore penalty and SEBI order.
• Shilpa Medicare: US FDA issued five Form 483 observations for Bengaluru unit following inspection between May 25 and May 29.
• Minda Corp: Fire incident occurred at Noida facility on May 30. No casualties reported. Company activated emergency response procedures and is assessing the operational impact.
• Concord Control Systems: Received Rs 280 crore order to supply Kavach loco equipment through associate company.
• KNR Constructions: Transferred entire stake in KNR Palani Infra to Indus Infra Trust for Rs 205 crore.
• DEE Development Engineers: Received Rs 387 crore order from BPCL for supply of piping. Board to consider equity fundraising on June 3.
• Indo Count Industries: To expand spinning capacity in Kolhapur with investment of Rs 60 crore. Project to be operational by Q2 FY27.
• Info Edge: Pawan Goyal ceased to be Whole-Time Director and Chief Business Officer of Naukri.
• TTK Health: Reappointed T T Raghunathan as Executive Chairman effective Nov. 1.
• M&M: Incorporated Mahindra Manulife Insurance as a joint venture company.
• Seamec: Vessel 'Samudra Prabha' hired by ONGC effective May 30. Vessel 'Seamec III' completed second phase of pipeline replacement project and will undergo dry docking in the first week of June.
• Timken India: Artech International claimed damages of about Rs 108 crore in dispute heard by the Calcutta High Court. Company expects no material financial impact.
• Cyient: To acquire 100% stake in Tao Digital Solutions for $218 million. Acquisition expected to close by Sept. 30.
• Anand Rathi Wealth: Promoter Anand Rathi Financial Services sold 14.5 lakh shares at Rs 3,457.97 per share.
• MedPlus Health: Arm received two drug licence suspension orders, including a five-day suspension order for a Telangana store.
• Bharat Coking Coal: Accident at New Benidih hired patch of Amalgamated Block-II OCP led to one fatality. Operations at the patch have been temporarily stopped.
• REC: Transferred entire stake in Hampapaura Power to Resonia and Mekhali Power to Dilip Buildcon.
• BGR Energy Systems: Received rectification order for AY19. Tax demand revised to Rs 94.3 crore.
• Baazar Style Retail: Opened three new stores in Uttar Pradesh.
• Hinduja Global: Board to meet on June 4 to consider dividend.
• SBI Cards: Appointed Saurav Ghosh as COO from June 21 for a two-year term.
• TVS Motor: Launched TVS Ronin Monotone and TVS Ronin Agonda motorcycles in Nepal.
• Unitech: Tajinder Pal Singh Madan resigned as CFO due to personal reasons.
• Deepak Nitrite: Arm Deepak Chem Tech allotted optionally convertible redeemable preference shares worth Rs 120 crore to Deepak Phenolics.
• India Pesticides: Received technical equivalence approval from the European Union for fungicide.
• Adani Energy: Kunjal Mehta resigned as CFO due to personal reasons. Appointed Ashok Jagetiya as CFO effective May 31.
• Kotak Mahindra Bank: To acquire loan portfolio and treasury investments of Kotak Mahindra Investments worth Rs 10,639 crore.

Genesys International (Q4, Consolidated YoY)

• Revenue up 10.7% to Rs 104 crore versus Rs 94.2 crore.
• Ebitda down 31.5% to Rs 34.1 crore versus Rs 49.8 crore.
• Margin at 32.7% versus 52.9%.
• Net profit down 34.7% to Rs 12.4 crore versus Rs 18.9 crore.

PTC Industries (Q4, Consolidated YoY)

• Revenue up 84.9% to Rs 225 crore versus Rs 122 crore.
• Ebitda up 153.0% to Rs 72.6 crore versus Rs 28.7 crore.
• Margin at 32.2% versus 23.5%.
• Net profit up 143.5% to Rs 59.9 crore versus Rs 24.6 crore.

Tenneco Clean Air (Q4, Consolidated YoY)

• Revenue up 17.1% to Rs 1,552 crore versus Rs 1,326 crore.
• Ebitda up 17.6% to Rs 257 crore versus Rs 219 crore.
• Margin at 16.6% versus 16.5%.
• Net profit up 18.9% to Rs 167 crore versus Rs 140 crore.

Titagarh Rail (Q4, Consolidated YoY)

• Revenue down 13.0% to Rs 875 crore versus Rs 1,006 crore.
• Ebitda down 4.4% to Rs 97.2 crore versus Rs 102 crore.
• Margin at 11.1% versus 10.1%.
• Net profit at Rs 54 crore versus loss of Rs 122.39 crore.

Note: Saw one-time loss of Rs 158 crore in Q4 FY25.

Gujarat Gas (Q4, Consolidated QoQ)

• Revenue down 3.4% to Rs 5,792 crore versus Rs 5,998 crore.
• Ebitda down 34.9% to Rs 609 crore versus Rs 935 crore.
• Margin at 10.1% versus 15.1%.
• Net profit down 46.4% to Rs 351 crore versus Rs 656 crore.

Note: Saw one-time loss of Rs 147 crore in Q4.

• Board declared final dividend of Rs 8.90 per share.

Jupiter Wagons (Q4, Consolidated YoY)

• Revenue down 25.3% to Rs 780 crore versus Rs 1,045 crore.
• Ebitda down 45.5% to Rs 83.3 crore versus Rs 153 crore.
• Margin at 10.7% versus 14.6%.
• Net profit down 72.1% to Rs 28.8 crore versus Rs 103 crore.

FIEM Industries (Q4, Consolidated YoY)

• Revenue up 17.5% to Rs 751 crore versus Rs 639 crore.
• Ebitda up 28.8% to Rs 110 crore versus Rs 85.4 crore.
• Margin at 14.6% versus 13.3%.
• Net profit up 20.5% to Rs 71 crore versus Rs 58.9 crore.
• Board declared final dividend of Rs 40 per share.
• Reappointed Jagjeevan Kumar Jain as Executive Chairman from June 1.
• Reappointed Rahul Jain as Managing Director effective June 1.
• Reappointed Aanchal Jain as Joint Managing Director from June 1.
• Vineet Sahni resigned as CEO and Whole-Time Director.

MMTC (Q4, Consolidated YoY)

• Total income down 32.0% to Rs 30 crore versus Rs 44.1 crore.
• Other income to Rs 35.4 crore versus Rs 43.9 crore.
• Net profit up 5,627.3% to Rs 126 crore versus Rs 2.2 crore.

Note: Saw one-time gain of Rs 96.1 crore in Q4.

Easy Trip Planners (Q4, Consolidated YoY)

• Revenue up 9.0% to Rs 152 crore versus Rs 139 crore.
• Ebitda loss at Rs 24.1 crore versus profit of Rs 13.4 crore.
• Net loss at Rs 13.6 crore versus profit of Rs 15.4 crore.

Valor Estate (Q4, Consolidated YoY)

• Revenue down 83.8% to Rs 86.9 crore versus Rs 537 crore.
• Ebitda loss at Rs 45.9 crore versus loss of Rs 22.7 crore.
• Net loss at Rs 59.3 crore versus loss of Rs 2.4 crore.

Tasty Bite (Q4, YoY)

• Revenue down 12.0% to Rs 118 crore versus Rs 134 crore.
• Ebitda up 1.7% to Rs 11.2 crore versus Rs 11 crore.
• Margin at 9.5% versus 8.2%.
• Net profit down 3.1% to Rs 6 crore versus Rs 6.2 crore.

Jai Balaji Industries (Q4, YoY)

• Revenue up 9.8% to Rs 1,745 crore versus Rs 1,590 crore.
• Ebitda down 30.6% to Rs 92.2 crore versus Rs 133 crore.
• Margin at 5.3% versus 8.4%.
• Net profit down 71.7% to Rs 21.4 crore versus Rs 75.5 crore.

Ahluwalia Contracts (Q4, Consolidated YoY)

• Revenue up 8.8% to Rs 1,322 crore versus Rs 1,216 crore.
• Ebitda flat at Rs 124 crore.
• Margin at 9.4% versus 10.2%.
• Net profit down 1.6% to Rs 82 crore versus Rs 83.3 crore.

Indo Count Industries (Q4, Consolidated YoY)

• Revenue up 3.4% to Rs 1,058 crore versus Rs 1,023 crore.
• Ebitda down 3.8% to Rs 86.3 crore versus Rs 89.8 crore.
• Margin at 8.2% versus 8.8%.
• Net profit up 15.0% to Rs 24.2 crore versus Rs 21.1 crore.

Linde India (Q4, Consolidated YoY)

• Revenue up 3.8% to Rs 614 crore versus Rs 592 crore.
• Ebitda down 17.6% to Rs 173 crore versus Rs 210 crore.
• Margin at 28.1% versus 35.4%.
• Net profit down 34.6% to Rs 77.4 crore versus Rs 118 crore.

Jeena Sikho Life (Q4, Consolidated YoY)

• Revenue up 54.8% to Rs 216 crore versus Rs 139 crore.
• Ebitda up 70.1% to Rs 77.9 crore versus Rs 45.8 crore.
• Margin at 36.1% versus 32.9%.
• Net profit up 78.3% to Rs 45.1 crore versus Rs 25.3 crore.

Patanjali Foods (Q4, Consolidated YoY)

• Revenue up 17.3% to Rs 11,156 crore versus Rs 9,512 crore.
• Ebitda down 13.7% to Rs 445 crore versus Rs 516 crore.
• Margin at 4.0% versus 5.4%.
• Net profit up 46.2% to Rs 524 crore versus Rs 359 crore.

Note: Saw tax write-back of Rs 379 crore in Q4.

Som Distilleries (Q4, Consolidated YoY)

• Revenue down 46.7% to Rs 180.8 crore versus Rs 339 crore.
• Ebitda loss at Rs 44.2 crore versus profit of Rs 41.8 crore.
• Net loss at Rs 56.7 crore versus profit of Rs 23.7 crore.

The GIFT Nifty traded at 23,727.50, compared with Friday’s Nifty 50 close of 23,547.75.

• Brent crude futures rose 2.45% to $93.35 a barrel on Monday, while West Texas Intermediate futures gained 2.8% to $89.78 per barrel.
• Prices rose after Israel ordered troops to move deeper into Lebanon, raising concerns that clashes with Hezbollah could affect the ceasefire between Washington and Tehran.

• Asian markets traded mixed, with South Korea’s Kospi up 4.25% at a record high. Japan’s Nikkei 225 rose 1.02%, Hong Kong’s Hang Seng gained 0.66%, and Shanghai added 0.44%.
• Australia’s ASX 200 slipped 0.14%.