Stock Market News Highlights: Nifty, Sensex End With Minor Losses After Volatile Trade

• Nifty 50 ended marginally lower, down 0.03%, while broader markets outperformed with the Nifty MidCap 150 rising over 0.4% and the Nifty SmallCap 250 up over 0.5%.

• Adani Total Gas and Cummins led gains in the midcap index, while Jayaprakash Power Ventures and Zee Entertainment rose sharply in the smallcap space.

• Sectoral indices were mixed, with Nifty Energy gaining nearly 2%, while Financial Services declined over 0.5%, with BSE and HDFC Bank among the key laggards.

• Nifty 50 closed down 0.03% at 23,907.15, falling 6.55 points after a volatile session.
• Sensex declined 0.19% to 75,867.80, down 141.90 points.

• Indostar Capital reported a net loss of Rs 424 crore in Q4 against a profit of Rs 36 crore a year ago.
• Total income declined 7.5% year-on-year to Rs 347 crore.
• The loss includes a one-time impact of Rs 326 crore due to the ECL framework.

• JSW Steel has started setting up a greenfield unit in Paradeep, Odisha, with a planned capacity of 13.2 MTPA.
• The company expects to invest Rs 65,000 crore in phases for the project, according to an exchange filing.

• Benchmark indices hit the day’s low after swinging between gains and losses.
• Nifty 50 fell 0.08% to 23,894.50, after touching a low of 23,858.25.
• Sensex declined 0.21% to 75,850.71, with an intraday low of 75,748.21.

• Brent crude fell 2.3% to $97.30 per barrel.
• WTI crude declined 2.8% to $91.23 per barrel.

• TVS Srichakra reported net profit of Rs 36.1 crore compared with Rs 9.6 crore a year ago.
• Revenue rose 19.9% year-on-year to Rs 981 crore, while EBITDA increased 30.2% to Rs 86.6 crore, with margin at 8.8%.
• The company declared a final dividend of Rs 37.80 per share.

• Air India and IndiGo plan to reduce domestic flight frequencies between June and August amid weaker seasonal demand and high fuel costs.
• Air India said cuts will be on select routes, with passengers offered alternate flights, date changes or refunds, and capacity to be restored when conditions improve.
• IndiGo said the reductions are part of its annual demand calibration, with capacity expected to increase ahead of the festive travel season.

• Spain’s IBEX 35 rose 0.80%, while Germany’s DAX gained 0.61% and France’s CAC 40 was up 0.65%.
• Italy’s FTSE MIB advanced 0.33%, and the STOXX Europe 600 index edged higher by 0.31%.
• The FTSE 100 was largely flat, down 0.00%.

• Cummins India shares rose 8.42% to Rs 5,875, with an intraday high of Rs 5,899 and a low of Rs 5,402.50.

• Revenue increased 22.6% year-on-year to Rs 3,012 crore, while EBITDA rose 23.5% to Rs 642 crore, with margin at 21.3%. Net profit grew 27% to Rs 202 crore.

• The company declared a final dividend of Rs 46 per share.



 

• Ramco Industries reported revenue growth of 18.7% year-on-year to Rs 502 crore, with EBITDA rising 46.2% to Rs 64.9 crore and margin at 12.9%.
• Net profit increased to Rs 88 crore from Rs 36 crore, supported by a one-time gain of Rs 8 crore.

Goldiam International’s board has approved a bonus issue of one share for every three shares held, according to an exchange filing.

• Indian Metals reported revenue up 8.5% quarter-on-quarter at Rs 763 crore, while EBITDA declined 3% to Rs 159 crore, with margin at 20.8%.
• Net profit fell 21.4% to Rs 103 crore, while other income dropped to Rs 6 crore from Rs 22 crore.
• The company has announced a final dividend of Rs 7.50 per share.

• Coal India’s offer for sale saw 119.88% subscription in the non-retail segment based on cumulative bids.
• Total bids stood at 6.64 crore shares against an offer size of 5.54 crore shares.
• The issue had a floor price of Rs 412 per share, with indicative price around Rs 417.48.

• Around 1.03 million shares of ICICI Bank were traded in a block deal, according to Bloomberg data.
• The identities of buyers and sellers were not immediately known.

• The Brihanmumbai Municipal Corporation plans to raise up to Rs 9,500 crore through municipal bonds in one or more tranches.
• It has issued a request for proposal to select merchant bankers for the bond sale.

• Gillette India’s revenue rose 3.2% year-on-year to Rs 792 crore from Rs 768 crore.
• EBITDA increased 23% to Rs 277 crore, with margin expanding to 35% from 29.4%.
• Net profit grew 21.3% to Rs 193 crore, while other income declined to Rs 5 crore from Rs 11.7 crore.

The Coal India offer for sale was subscribed 0.34 times, including the greenshoe option.

• Jupiter Wagons’ arm has signed a 10-year supply agreement with European rail company Tatravagonka.

• The pact covers the supply of rail wheelsets, according to an exchange filing.

• Sky Gold’s consolidated revenue rose 80.7% year-on-year to Rs 1,912 crore from Rs 1,058 crore.

• EBITDA increased to Rs 141 crore from Rs 62.6 crore, while margin expanded to 7.4% from 5.9%.

• Net profit rose to Rs 84.3 crore from Rs 38.2 crore, with other income at Rs 16.6 crore versus Rs 4.8 crore a year ago.

• Vodafone Idea shares rose as much as 1.1% to Rs 14.29 on Wednesday, extending gains for the seventh straight session.

• The stock has gained 10% over seven sessions and is trading at its highest level since September 2024.

• The relative strength index stood at 85, indicating the stock may be overbought.

• Nifty Media rose 3.67%, leading sectoral gains, followed by Nifty Metal, up 1.9%.

• Nifty Energy, Realty, Auto and Consumption also traded higher, with gains ranging from 0.42% to 0.87%.

• Nifty Financial Services fell 0.36%, while Oil & Gas, Bank, FMCG, IT and India Defence indices also traded lower.



 

• Nordic financial institutions and investors have urged the European Union to maintain its opposition to new Arctic oil and gas drilling, Al Jazeera reported.

• The appeal comes as the EU reviews alternative energy options amid the closure of the Strait of Hormuz and the wider impact of the Iran war.

• Nordea Asset Management said further oil and gas expansion in the Arctic would increase risks to vulnerable ecosystems through oil spills and leakages.

• LIC shares traded 3.02% lower at Rs 829.05, after falling to an intraday low of Rs 818.85.

• The stock recovered from the day’s low after Bloomberg reported that the government is preparing a stake sale in the company.

• The stock had touched a high of Rs 855, compared with the previous close of Rs 854.90.



 

ONGC has deferred issuing production volume guidance for FY27.

• India is likely to begin formal marketing next month for a planned stake sale in LIC that could raise as much as Rs 10,000 crore, Bloomberg reported.

• The government plans to sell about 2% in the insurer to institutional investors in late June or early July.

• The government owned 96.5% of LIC as of March 31, while the insurer has 10 years from its 2022 listing to meet the 25% minimum public shareholding requirement.

• Nifty rose as much as 0.3% to 23,983.20 in a volatile session, after falling as much as 0.2% to 23,868.50 earlier in the day.

• Sensex gained as much as 0.3% to 76,224.68, after touching an intraday low of 75,797.

• The 30-stock index recovered over 400 points from the day’s low.

• The Enforcement Directorate carried out raids in Bengaluru in connection with the alleged Exalogic-CMRL financial irregularities and money laundering case, NDTV Profit reported.

• Searches were conducted simultaneously in Kerala and Bengaluru after ED registered a case involving alleged illegal money transfer and bribery.

• In Bengaluru, raids were carried out at six locations, including the Exalogic office and residences of some employees linked to the company.

• ICICI Securities told NDTV Profit that defence and energy remain in focus amid recurring geopolitical crises, while discretionary spending and industrials have not been impacted by the war.

• The brokerage said FII flows remain a key concern for India and noted that US Big Tech companies may be losing steam, with cracks developing in IT fundamentals.

• It said there are no signs of demand collapsing so far, expects nominal growth to look robust in FY27, and remains optimistic about overall growth trends.

• The southwest monsoon has not yet set in over Kerala, after IMD had forecast its arrival around May 26 with a model error of four days.

• IMD said the northern limit of the monsoon remained unchanged as of May 26.

• Conditions are favourable for the monsoon to advance into more parts of the Arabian Sea, Bay of Bengal and remaining parts of the Andaman Sea over the next two to three days.

• Byju Raveendran said he has not actively contested several court proceedings in recent months as a settlement was under discussion with lenders, including GLAS Trust and QIA.
• He said a settlement has been agreed in principle, with only a few residual issues pending, and added that he has no role in those matters.
• Raveendran rejected any wrongdoing by him or other founders, said disputed funds were not received by him, and stated that the funds were used for legitimate business purposes.

• Finolex Industries rose 8% to Rs 192.40, while Adani Total Gas gained 6.91% to Rs 762.35 and Usha Martin advanced 5.65% to Rs 507.95.
• JK Tyre, AIA Engineering, Adani Energy Solutions, Siemens Energy India and Nalco also traded higher, rising between 4.61% and 5.97%.
• Techno Electric fell 6.59%, AstraZeneca Pharma declined 6.40%, Brainbees Solutions lost 5.25%, and Great Eastern Shipping dropped 4.40%.

• Fresh short build-up remained limited across Sensex-linked counters ahead of expiry.
• The derivatives data showed lower open interest additions in fresh bearish positions compared with earlier sessions.
• Traders instead appeared to prefer hedging through index options positioning ahead of the Sensex expiry session.

• Reliance Industries and Canara Bank featured among stocks witnessing short covering activity.
• The stocks gained while open interest declined.
• Policybazaar and Godrej Consumer Products additionally showed similar positioning patterns.

• BHEL and Godrej Properties appeared among counters witnessing short covering in futures positioning.
• Both stocks advanced during the session while open interest declined.
• Grasim Industries and Power Grid Corp. also featured in the short covering basket.

• RBL Bank and Biocon featured among counters witnessing long unwinding activity.
• The stocks declined while open interest eased during the session.
• KPIT Technologies and Mphasis also showed similar derivatives positioning.

• PNB Housing Finance and Mphasis appeared among counters witnessing liquidation in futures trade.
• Both stocks declined alongside lower open interest levels.
• Britannia Industries and SBI Life Insurance also featured in the long unwinding basket.

• Siemens and Vedanta featured among stocks witnessing fresh long additions in futures trade.
• The stocks gained during the session while open interest also increased.
• Power India and Adani Energy Solutions additionally showed similar positioning trends.

• Marico and Sail featured among counters witnessing fresh accumulation in futures positioning.
• Both stocks advanced alongside rising open interest, signalling fresh long additions.
• OFSS, National Aluminium and Siemens also appeared in the accumulation basket.

• Adani Enterprises and ABB featured among stocks witnessing elevated derivatives positioning since the previous expiry.
• Adani Enterprises total open interest rose 2.94%, while ABB recorded a 19.11% increase.
• Apollo Hospitals and Ashok Leyland also saw strong derivatives activity.

• Nifty Bank total derivatives open interest increased 10.87% since the previous expiry even as the index declined 5.68%.
• Call open interest rose 10.95%, while Put open interest gained 5.57%.
• The data indicated relatively lighter positioning compared with Nifty ahead of the weekly expiry session.

• Nifty 50 total derivatives open interest rose 73.94% since the previous expiry despite the index declining 7.87%.
• Call open interest increased 79.42%, while Put open interest rose 75.62%.
• The sharp build-up reflected aggressive hedging and rollover activity ahead of expiry.

• Sensex weekly options data showed the 76,500 strike carrying the highest Call open interest concentration.
• Heavy Call positioning was also visible at the 76,000 and 76,400 strikes.
• On the Put side, the 75,000 strike held the strongest open interest base, followed by 75,500 and 76,000.
• The positioning suggested support near 75,000 and resistance around 76,500 ahead of Sensex expiry.

• Nifty weekly options data showed the 24,000 strike witnessing the highest Call open interest concentration.
• Fresh Call writing was strongest at the 23,900 strike, followed by 24,000 and 24,100.
• On the Put side, the 23,900 strike carried the highest open interest base, while aggressive Put additions were visible at 23,800 and 23,900.
• The positioning suggested immediate support around 23,800–23,900, while resistance remained firm near 24,000–24,100.

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• The government said there are no confirmed Ebola cases in India and the situation is under close monitoring.
• One person with recent travel history to Uganda has been isolated in Bengaluru with mild symptoms, and samples have been sent for testing.
• Authorities said surveillance remains in place and public health protocols are being followed.

• Taiwan prosecutors are investigating three individuals for allegedly shipping Nvidia AI chips to China via Japan, Bloomberg reported.
• The trio is accused of falsifying export documents for servers containing restricted chips from Super Micro Computer.
• Authorities seized about 50 servers, while at least one shipment had already cleared customs.

• Procter & Gamble Health shares rose 4.65% to Rs 10,332, up Rs 459.
• Revenue increased 19.3% to Rs 371 crore, while EBITDA rose 68.1% to Rs 136 crore, with margin at 36.6%. Net profit climbed 54.6% to Rs 94.6 crore.
• The board declared a dividend of Rs 45 per share.

• JK Tyre shares rose 5.96% to Rs 417.65, up Rs 23.50.
• Revenue grew 12.3% to Rs 4,223 crore, while EBITDA rose 47.9% to Rs 537 crore, with margin at 12.7%. Net profit increased 93.8% to Rs 25.2 crore.
• The board declared a dividend of Rs 4 per share, reappointed Raghupati Singhania as CMD for five years, and approved a Rs 4,980 crore capex plan through FY30.

• Finolex Industries shares rose 8.68% to Rs 193.61, gaining Rs 15.47.
• Revenue increased 12.1% to Rs 1,314 crore, while EBITDA rose 94.2% to Rs 332 crore, with margin at 25.3%.
• Net profit grew 58.2% to Rs 261 crore compared with Rs 165 crore a year ago.

• AstraZeneca Pharma shares fell 4.98% to Rs 8,516.50, down Rs 446.
• Revenue rose 20.4% to Rs 579 crore, while EBITDA declined 29.5% to Rs 60.9 crore, with margin at 10.5%.
• Net profit decreased 23% to Rs 44.9 crore compared with Rs 58.3 crore a year ago.

• Nifty Metal rose 1.52%, leading sectoral gains, followed by Realty (0.66%) and Media (0.59%).
• Defence, Infra and PSU Bank indices also traded higher, with gains ranging from 0.44% to 0.55%.
• Oil & Gas fell 0.82%, while Financial Services and IT indices declined, with Nifty IT down 0.16%.


 

• Canara Bank rose 0.70% and AU Small Finance Bank gained 0.69%, with IDFC First Bank, Punjab National Bank and IndusInd Bank up around 0.46–0.47%.
• HDFC Bank fell 1.45%, leading losses among major banking stocks.
• ICICI Bank was largely flat, down 0.02%.


 

• Oracle Financial Services rose 0.54%, while Tech Mahindra gained 0.43% and TCS was up 0.28%.
• Wipro fell 0.75% and Infosys declined 0.67%, leading losses in the sector.
• Coforge, Mphasis and HCL Technologies also traded lower, down up to 0.34%.


 

• Coal India shares fell 4.88% to Rs 435.80 intraday, with a high of Rs 435.80 and a low of Rs 428.40.
• The government has proposed an offer for sale of up to 1% stake at a floor price of Rs 412 per share, with a greenshoe option for an additional 1%.

• Benchmark indices moved between gains and losses and were little changed in early trade.
• Nifty 50 was up 0.05% at 23,926.00, gaining 12.30 points.
• Sensex rose 0.05% to 76,045.42, up 35.72 points.

• Jefferies said higher spending on petroleum and fertiliser subsidies and lower oil tax revenue could impact government finances by Rs 1.25–1.5 trillion, with part of the burden shared with states and oil marketing companies. It expects offsetting measures through lower non-defence capex and higher disinvestment, with oil marketing companies seen at break-even at $85–87 per barrel and scope for fuel price increases.

• UBS adjusted its India strategy portfolio by adding ABB India with a 3 percentage point weight and Triveni Turbine with 2 percentage points, while removing Bharat Electronics and Cognizant Technology. It increased allocations to Titan Company and NTPC, and reduced weights in Reliance Industries and Thermax.

• Jefferies said residential sales volumes and value rose 10–15% year-on-year in March–April 2026.
• The brokerage noted the sector remains steady despite the impact of the Middle East conflict on investor sentiment.
• It said market share gains by listed developers and steady launch activity support 15% growth guidance.

The Indian rupee depreciated by 10 paise to 95.79 against the US dollar.

• Nifty 50 was down 0.14% at 23,879.90, lower by 33.80 points in pre-open trade.
• Sensex declined 0.16% to 75,886.43, falling 123.27 points.

• Citi maintained a Buy rating on Sun Pharma with a target price of Rs 2,180.
• The brokerage said ASCO 2026 data supports UNLOXCYT’s position in laCSCC and addresses earlier concerns on sample size.
• It added that response durability and tolerability support commercial prospects, with over $400 million peak sales expected by FY30.

• CLSA’s Laurence Balanco said the Nifty remains within its 2024-to-date trading range of 21,743–21,800 on the lower side and 26,270–26,340 on the upper side.
• He said the NSE Mid-cap Index is close to confirming a breakout from its 2024-to-date consolidation pattern.
• CLSA said such a move could support an upside target of 77,687–78,000 for the midcap index.

• Macquarie maintained an Outperform rating with a target price of Rs 300, citing lower production and higher exploration costs in Q4, with oil output down 2% YoY and gas down 1% in FY26.
• Jefferies retained a Buy rating with a target price of Rs 360, noting EBITDA was 20% below estimates due to higher operating costs and dry well write-offs.
• The brokerage said crude and gas production were broadly in line with expectations.

• Morgan Stanley maintained an Equal-weight rating on Brainbees with a target price of Rs 300, with Q4 performance broadly in line with estimates.
• India margins declined due to competition in diapers and higher manufacturing costs linked to rupee depreciation and crude prices.
• The brokerage said management expects improvement in growth, with manufacturing-related margin impact to reverse in Q2, while competitive pressure in diapers may persist for four to six quarters.

• Goldman Sachs maintained a Buy rating on Astra Microwave with a target price of Rs 1,455.
• The brokerage said performance was in line, with margin expansion and improved cash flows.
• Growth was supported by execution in defence, exports and space segments, while working capital improved in FY26.

• CLSA maintained an Outperform rating on SBI with a target price of Rs 1,275.
• The brokerage noted SBI has missed net interest margin expectations in one of the four quarters, with the stock typically recovering after a decline.
• It said a recent 10–12% correction offers a buying opportunity, adding that deposit repricing could improve NIM by 8 basis points.

• Citi said CEAT aims to become the top player in two-wheeler and four-wheeler aftermarket segments in India, while targeting 33% revenue from international business.
• The company plans to expand its premium brand presence and achieve 15% market share in CV radials in the domestic aftermarket.
• Raw material costs are expected to rise about 20% in Q1; the company has taken a 5–6% price hike and may implement further increases, with capex seen at Rs 1,300–1,400 crore.

• Citi maintained a Sell rating on IndusInd Bank with a target price of Rs 800.
• The brokerage expects return on assets to reach 1% by FY27-end and around 1.5% over the medium term, driven by lower credit costs, higher fee income and operating leverage.
• It said balance sheet adjustments support a shift towards growth, with no near-term capital requirement, while ECL transition could impact capital ratios by 100–120 basis points.

• Citi maintained a Buy rating on Pine Labs with a target price of Rs 235.
• The brokerage said guidance implies over 20% growth with margin expansion driven by operating leverage.
• It expects adjusted EBITDA and EBIT to grow 42% and 84% over FY26–FY28, with gains supported by deal wins, partnerships and contribution margins, partly offset by lower gift card distribution.

• Morgan Stanley maintained an Equal-weight rating on Coal India with a target price of Rs 420.
• The brokerage said the floor price is at a material discount to current market levels.
• It expects this to act as an overhang and sees the stock remaining volatile in the near term.

• Jefferies maintained a Buy rating on Entero Healthcare and raised the target price to Rs 1,500 from Rs 1,350 after a mixed quarter.
• The brokerage cited management guidance of 23% organic growth in FY27 and a 100 basis points expansion in EBITDA margin.
• It cut FY27 EPS estimates due to higher tax and depreciation, but raised FY28 EPS on improving margins, with growth driven by acquisition consolidation.

Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court, Bloomberg reported.

• JPMorgan maintained an Overweight rating on Hyundai with a target price of Rs 2,135.
• It expects domestic demand to remain strong and sees multiple export drivers in the near and medium term.
• The brokerage said the company plans to increase its EV mix and has measures to support margins, with capex aligned to new models and capacity expansion.

• Macquarie maintained an Outperform rating with a target price of Rs 300, citing lower production volumes and higher exploration expenses in Q4. It noted oil production fell 2% YoY in FY26, while gas output declined 1%.
• Jefferies retained its Buy rating with a target price of Rs 360, with EBITDA coming in 20% below estimates due to higher operating costs and dry well write-offs, while production was broadly in line.

• Saatvik Green: Secured Rs 171 crore order for supply of solar PV modules.
• Karur Vysya Bank: National Faceless Appeal Centre partly allowed appeal against Rs 40 crore tax order.
• Studds Accessories: To incorporate new subsidiary in Italy for 300,000 euros.
• GPT Infraprojects: Secured order worth Rs 72 crore from Eastern Railway.
• UGRO Capital: Board approved allotment of NCDs worth Rs 200 crore.
• Fino Payments Bank: RBI extended Interim CEO Ketan Merchant’s tenure by three months from May 27.
• Sai Parentals: Targets completion of Adelaide manufacturing facility by Q4 FY27.
• Tata Elxsi: Launched material intelligence platform ‘ViTel AI’.
• Pakka: Board approved issuance of NCDs worth Rs 540 crore.
• HG Infra: Declared qualified bidder for 35-year transmission service provider contract worth Rs 45 crore annually.
• Sun Pharma: To present long-term follow-up data on UNLOXCYT at ASCO meeting.
• Coal India: Government proposes OFS of up to 1% stake at floor price of Rs 412/share with greenshoe option for additional 1%.
• Zee Entertainment: To launch four sports channels under Unite8 Sports brand.
• Satin Creditcare: Allotted NCDs worth Rs 84.5 crore.
• Sumitomo Chemical: Promoted Suresh Ramachandran as MD effective September 1.
• Jaykay Enterprises: Approved Rs 25 crore loan to subsidiary JK Digital.
• JK Tyre: Reappointed Raghupati Singhania as CMD for five years and announced Rs 4,980 crore capex plan by FY30.
• Clean Max Enviro: Raised around $575 million and commissioned 351.4 MWp at Bikaner Solar Park.
• OMDC: Nominated MNVS Prabhakar as Non-Executive Chairman.
• AYM Syntax: Creditors approved merger of Mandawewala Enterprises into company.
• Restaurant Brands Asia: Acquirers announced open offer to buy 26% stake at Rs 70/share.
• Alldigi Tech: Avinash Jain to step down as CFO on June 21. Manish Agarwal to take over from June 22.
• Pondy Oxides: Approved 2:5 stock split and Rs 200 crore investment for copper recycling plant in Tamil Nadu.
• Central Bank of India: Government divested 8.08% stake for Rs 732 crore.
• KEC International: Secured new orders worth Rs 1,303 crore.
• Yes Bank: NSE imposed Rs 1 lakh penalty on Yes Securities and barred onboarding of new clients for three months.
• NLC India: Signed MoU with IIT(ISM) TEXMiN for mineral exploration and research.
• Agarwal’s Health Care: Arm invested $200,000 into Orbit Health Care.
• Piramal Finance: NCLAT allowed plea on merger scheme with four companies.
• Angel One: Hemen Bhatia resigned as CEO of AMC business.
• Chalet Hotels: Supreme Court set aside High Court order in Vashi hotel land case.

ONGC (Q4, QoQ)

• Revenue up 13.9% to Rs 35,928 crore versus Rs 31,547 crore.
• Ebitda down 4.5% to Rs 20,295 crore versus Rs 21,247 crore.
• Margin at 56.5% versus 67.4%.
• Net profit down 20.6% to Rs 6,650 crore versus Rs 8,371 crore.
• Formed JV with Gujarat Maritime Board to develop liquid port at Dahej.

IRCTC (Q4, Consolidated YoY)

• Revenue up 15.1% to Rs 1,460 crore versus Rs 1,269 crore.
• Ebitda up 3.6% to Rs 399 crore versus Rs 385 crore.
• Margin at 27.3% versus 30.4%.
• Net profit down 8.9% to Rs 326 crore versus Rs 358 crore.

P&G Health (Q4, YoY)

• Revenue up 19.3% to Rs 371 crore versus Rs 311 crore.
• Ebitda up 68.1% to Rs 136 crore versus Rs 80.9 crore.
• Margin at 36.6% versus 26%.
• Net profit up 54.6% to Rs 94.6 crore versus Rs 61.2 crore.
• Board declared dividend of Rs 45/share.

JK Tyre (Q4, Consolidated YoY)

• Revenue up 12.3% to Rs 4,223 crore versus Rs 3,759 crore.
• Ebitda up 47.9% to Rs 537 crore versus Rs 363 crore.
• Margin at 12.7% versus 9.7%.
• Net profit up 93.8% to Rs 25.2 crore versus Rs 13 crore.
• Board declared dividend of Rs 4/share.

Siemens India (Q4, Consolidated YoY)

• Revenue up 14.6% to Rs 4,618 crore versus Rs 4,029 crore.
• Ebitda down 0.2% to Rs 444 crore versus Rs 445 crore.
• Margin at 9.6% versus 11%.
• Net profit down 36.4% to Rs 370 crore versus Rs 582 crore.
• Board approved merger of Siemens Rail with company.

Brainbees Solutions (Q4, Consolidated YoY)

• Revenue up 12.1% to Rs 2,163 crore versus Rs 1,930 crore.
• Ebitda at Rs 70.2 crore versus Rs 15.9 crore.
• Margin at 3.2% versus 0.8%.
• Net loss at Rs 30.3 crore versus loss of Rs 76.7 crore.
• Company plans investment in UAE and Saudi Arabia arms.

Ram Ratna Wires (Q4, Consolidated YoY)

• Revenue up 83.2% to Rs 1,753 crore versus Rs 957 crore.
• Ebitda at Rs 93.3 crore versus Rs 45.3 crore.
• Margin at 5.3% versus 4.7%.
• Net profit at Rs 39 crore versus Rs 18 crore.

Senco Gold (Q4, Consolidated YoY)

• Revenue at Rs 1,997 crore versus Rs 1,378 crore.
• Ebitda at Rs 274 crore versus Rs 127 crore.
• Margin at 13.7% versus 9.2%.
• Net profit at Rs 157 crore versus Rs 62.4 crore.

Transport Corp (Q4, Consolidated YoY)

• Revenue up 12.3% to Rs 1,324 crore versus Rs 1,179 crore.
• Ebitda up 17% to Rs 142.4 crore versus Rs 121.7 crore.
• Margin at 10.8% versus 10.3%.
• Net profit up 8.8% to Rs 124 crore versus Rs 114 crore.

Gujarat Fluoro (Q4, Consolidated YoY)

• Revenue up 11.8% to Rs 1,369 crore versus Rs 1,225 crore.
• Ebitda up 0.7% to Rs 308 crore versus Rs 306 crore.
• Margin at 22.5% versus 25%.
• Net profit down 41.4% to Rs 112 crore versus Rs 191 crore.

Bayer Crop (Q4, Consolidated YoY)

• Revenue up 6.4% to Rs 441.5 crore versus Rs 415.1 crore.
• Ebitda up 20.9% to Rs 55 crore versus Rs 45.5 crore.
• Margin at 12.5% versus 11%.
• Net profit up 18.3% to Rs 36.2 crore versus Rs 30.6 crore.

Morepen Lab (Q4, Consolidated YoY)

• Revenue up 4.1% to Rs 485 crore versus Rs 466 crore.
• Ebitda down 42.2% to Rs 24.4 crore versus Rs 42.2 crore.
• Margin at 5% versus 9.1%.
• Net profit down 22.7% to Rs 15.7 crore versus Rs 20.3 crore.

Camlin Fine (Q4, Consolidated YoY)

• Revenue down 1.6% to Rs 425 crore versus Rs 432 crore.
• Ebitda down 65.9% to Rs 21.2 crore versus Rs 62.1 crore.
• Margin at 5% versus 14.4%.
• Net profit at Rs 88.2 crore versus Rs 72 lakh.
• Appointed Pankaj Pandey as CFO effective August 18.

Sumitomo Chemical (Q4, Consolidated YoY)

• Revenue up 0.7% to Rs 684 crore versus Rs 679 crore.
• Ebitda up 11.7% to Rs 134 crore versus Rs 120 crore.
• Margin at 19.6% versus 17.6%.
• Net profit up 11.4% to Rs 111 crore versus Rs 99.6 crore.

Scoda Tubes (Q4, YoY)

• Revenue down 0.1% to Rs 123.6 crore versus Rs 123.7 crore.
• Ebitda down 4.6% to Rs 16.7 crore versus Rs 17.5 crore.
• Margin at 13.5% versus 14.1%.
• Net profit down 7.4% to Rs 6.3 crore versus Rs 6.8 crore.

Rupa & Company (Q4, Consolidated YoY)

• Revenue up 6.3% to Rs 442 crore versus Rs 416 crore.
• Ebitda up 20% to Rs 55.1 crore versus Rs 45.9 crore.
• Margin at 12.5% versus 11%.
• Net profit up 18.3% to Rs 36.2 crore versus Rs 30.6 crore.

EIH (Q4, Consolidated YoY)

• Revenue up 8.1% to Rs 895 crore versus Rs 828 crore.
• Ebitda down 4.8% to Rs 334 crore versus Rs 351 crore.
• Margin at 37.3% versus 42.4%.
• Net profit down 5.9% to Rs 238 crore versus Rs 253 crore.

Pondy Oxides (Q4, Consolidated YoY)

• Revenue up 78.4% to Rs 935 crore versus Rs 524 crore.
• Ebitda at Rs 59.1 crore versus Rs 27.7 crore.
• Margin at 6.3% versus 5.3%.
• Net profit at Rs 37.5 crore versus Rs 16.6 crore.

Kilburn Engineering (Q4, Consolidated YoY)

• Revenue up 48.8% to Rs 189 crore versus Rs 127 crore.
• Ebitda up 5.3% to Rs 37.7 crore versus Rs 35.8 crore.
• Margin at 19.9% versus 28.2%.
• Net profit up 22.1% to Rs 24.9 crore versus Rs 20.4 crore.

Carraro India (Q4, Consolidated YoY)

• Revenue up 36.7% to Rs 607 crore versus Rs 444 crore.
• Ebitda up 40% to Rs 63.4 crore versus Rs 45.3 crore.
• Margin at 10.4% versus 10.2%.
• Net profit up 75.9% to Rs 41.7 crore versus Rs 23.7 crore.

Shringar House (Q4, YoY)

• Revenue at Rs 726 crore versus Rs 351 crore.
• Ebitda up 93.9% to Rs 44.8 crore versus Rs 23.1 crore.
• Margin at 6.2% versus 6.6%.
• Net profit at Rs 34 crore versus Rs 15.2 crore.

Aequs (Q4, Consolidated YoY)

• Revenue up 47.4% to Rs 367 crore versus Rs 249 crore.
• Ebitda down 82.9% to Rs 4.2 crore versus Rs 24.5 crore.
• Margin at 1.1% versus 9.8%.
• Net loss at Rs 53.7 crore versus profit of Rs 8.9 crore.

Honda India (Q4, YoY)

• Revenue down 1.5% to Rs 265 crore versus Rs 269 crore.
• Ebitda down 31.1% to Rs 29.9 crore versus Rs 43.4 crore.
• Margin at 11.3% versus 16.2%.
• Net profit down 25.7% to Rs 26.9 crore versus Rs 36.2 crore.

Jubilant Agri (Q4, Consolidated YoY)

• Revenue up 21.9% to Rs 485 crore versus Rs 398 crore.
• Ebitda up 19.9% to Rs 32.6 crore versus Rs 27.2 crore.
• Margin at 6.7% versus 6.8%.
• Net profit up 24.4% to Rs 19.9 crore versus Rs 16 crore.

Landmark Cars (Q4, Consolidated YoY)

• Revenue up 17.2% to Rs 1,279 crore versus Rs 1,091 crore.
• Ebitda up 38.4% to Rs 75.7 crore versus Rs 54.7 crore.
• Margin at 5.9% versus 5%.
• Net profit at Rs 15 crore versus Rs 1.4 crore.

AstraZeneca (Q4, YoY)

• Revenue up 20.4% to Rs 579 crore versus Rs 481 crore.
• Ebitda down 29.5% to Rs 60.9 crore versus Rs 86.4 crore.
• Margin at 10.5% versus 18%.
• Net profit down 23% to Rs 44.9 crore versus Rs 58.3 crore.

Jash Engineering (Q4, Consolidated YoY)

• Revenue down 3% to Rs 291 crore versus Rs 300 crore.
• Ebitda up 17% to Rs 68.9 crore versus Rs 58.9 crore.
• Margin at 23.7% versus 19.6%.
• Net profit up 57.1% to Rs 56.7 crore versus Rs 36.1 crore.

GSP Crop Science (Q4, Consolidated YoY)

• Revenue up 30.8% to Rs 403 crore versus Rs 308 crore.
• Ebitda down 8.3% to Rs 36.3 crore versus Rs 39.6 crore.
• Margin at 9% versus 12.9%.
• Net profit down 9.7% to Rs 20.5 crore versus Rs 22.7 crore.

Gandhar Oil (Q4, Consolidated YoY)

• Revenue up 13.6% to Rs 1,093 crore versus Rs 962 crore.
• Ebitda up 89.6% to Rs 63.5 crore versus Rs 33.5 crore.
• Margin at 5.8% versus 3.5%.
• Net profit at Rs 37.1 crore versus Rs 12.3 crore.

Transrail Lighting (Q4, Consolidated YoY)

• Revenue down 4.2% to Rs 1,864 crore versus Rs 1,946 crore.
• Ebitda down 11% to Rs 210 crore versus Rs 236 crore.
• Margin at 11.3% versus 12.1%.
• Net profit down 24% to Rs 96.5 crore versus Rs 127 crore.

Authum Investment (Q4, Consolidated YoY)

• Total income down 76.5% to Rs 343 crore versus Rs 1,457 crore.
• Net profit at Rs 59.8 crore versus Rs 1,763 crore.

GIC (Q4, Consolidated YoY)

• Total income up 3.1% to Rs 12,309 crore.
• Net profit up 1.4% to Rs 2,533 crore versus Rs 2,499 crore.

Finolex Industries (Q4, Consolidated YoY)

• Revenue up 12.1% to Rs 1,314 crore versus Rs 1,172 crore.
• Ebitda up 94.2% to Rs 332 crore versus Rs 171 crore.
• Margin at 25.3% versus 14.6%.
• Net profit up 58.2% to Rs 261 crore versus Rs 165 crore.

• Apollo Micro Systems, Go Fashion (India), NGL Fine-Chem, Premier Explosives, Rain Industries, Sandhar Technologies and Sasken Technologies have been placed under the short-term ASM framework.
• Dynacons Systems & Solutions, Sakar Healthcare and United Foodbrands have been removed from the ASM list.

• The price band for United Foodbrands has been revised from 20% to 10%.
• GE Vernova T&D India and Radico Khaitan will now trade without any price band, revised from 20%.

• Central Bank of India: President of India acting through Department of Financial Services sold 7.32 crore shares.
• Paisalo Digital: Sunil Purushottamn Agarwal bought 15 lakh shares.
• Paisalo Digital: Pro Fitcch bought 9.81 lakh shares.
• Paisalo Digital: Santanu Agarwal bought 15 lakh shares.
• Yash Highvoltage: Keyur Girishchandra Shah sold 62,000 shares.
• Yash Highvoltage: Twinkle Keyur Shah sold 1 lakh shares.

Prataap Snacks

• Authum Investment & Infrastructure bought 3.11 lakh shares at Rs 1,004.38/share.
• Naveen Kumar Mehta sold 1.52 lakh shares at Rs 990/share.

Euro Pratik Sales

• Singhvi Pratik Gunwant bought 5.45 lakh shares at Rs 258.82/share.

Citius Transnet Investment Trust

• LTM bought 25 lakh shares at Rs 101.1/share.
• Nuvama Wealth Finance sold 25 lakh shares at Rs 101.1/share.

• Australia’s consumer prices rose 0.4% month-on-month in April, below estimates of 0.6%, Bloomberg reported.
• The trimmed mean CPI increased 0.3% on-month, in line with expectations.

• Israeli attacks in southern Lebanon killed 31 people and injured 40 on Tuesday, Al Jazeera reported.
• Israel intensified strikes and issued multiple displacement orders for towns in the south and east.
• Residents were reported fleeing as ground forces pushed deeper into Lebanese territory.

• US President Donald Trump said it is important that the CFTC retains authority over prediction markets.
• He stated that the regulator’s oversight in this area must be maintained.
• Trump added that the US aims to remain a leader and said the CFTC chairman is doing a good job.

• The US President DOnald Trump said Iran would need to accept a complete surrender, including its military stepping down and leadership signing documents acknowledging defeat.
• He stated that if this happens, sections of the US media would still portray Iran as having secured a strong outcome.
• The President also criticised US media organisations and political opponents in the post.

• The S&P 500 rose 0.61% to 7,519.12 and the Nasdaq climbed 1.19% to 26,656.18, with both closing at record highs.
• The gains were led by technology stocks as traders tracked developments in the Middle East.
• The Dow Jones Industrial Average fell 0.23%, or 118.02 points, to 50,461.68.

• Japan’s Nikkei 225 rose 1.49% to a new high, while the Topix gained 0.57%.
• South Korea’s Kospi surged 4.84% at the open, while the Kosdaq fell 0.68%.
• Australia’s S&P/ASX 200 edged up 0.13% in early trade.

• Brent crude for July delivery fell 0.5% to $99.13 per barrel.
• WTI crude for July settlement declined 0.9% to $93.09 per barrel.

• GIFT Nifty traded at 23,928, indicating a steady start.
• This compares with the previous Nifty 50 close of 23,913.70 on Tuesday.