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The Cabinet cleared a ₹1,570 crore ship repair facility at Vadinar, jointly backed by Deendayal Port Authority and Cochin Shipyard, with completion targeted in 36 months.
Raymond Realty reported Q4 FY26 net profit of ₹161 crore on revenue of ₹1,156.7 crore, with EBITDA margin improving to 20.3% and a ₹2 dividend announced.
HSBC’s April survey shows India’s services PMI edging up to 58.7, led by stronger new and export orders, faster hiring, easing costs, and quicker price increases.
InterGlobe Aviation’s IndiGo rose as the Centre expanded ECLGS, earmarking ₹5,000 crore for airlines with up to 90% guarantee and seven-year loans amid West Asia disruptions.
MCX and NSE withdrew extra margins on gold and silver futures from February 19, 2026, after volatility cooled, improving capital efficiency for bullion traders.
Aurobindo Pharma shares rose after the USFDA classified its subsidiary’s Telangana Unit-V as VAI, closing a December 2025 inspection that drew three Form 483 observations.
United Breweries is navigating higher input costs, aluminium can shortages, and state-level price controls as weak quarterly results and broker downgrades sharpen investor focus on margins.
Coforge hit the upper circuit after Q4FY26 profit and revenue rose sharply, as Elara upgraded the stock and Choice reiterated ‘Buy’ with a ₹1,900 target.
Coforge shares hit the upper circuit after Q4FY26 results, while Elara upgraded to Accumulate and Choice reiterated Buy with targets of ₹1,380 and ₹1,900.
Coforge surged on a tax-boosted Q4 profit jump, while United Breweries fell on a revenue decline; Raymond Realty gained, and Shoppers Stop and Angel One stayed in focus.
Gallantt Ispat reported a 5.61% rise in Q4 FY26 consolidated profit to ₹122.83 crore as revenue grew 12.37% and expenses climbed 15.39% year-on-year.
PNB will report Q4 FY26 results on May 12, with the stock near ₹102, a ₹1,17,000 crore market cap, and analyst targets ranging from ₹110 to ₹140.
Embassy Developments shares surged after NCLAT set aside an NCLT order admitting CIRP, with exchanges moving the stock out of IBC classification and normal trading resuming May 6, 2026.
Coforge shares jumped up to 11% after Q4FY26 profit rose to ₹612.3 crore and revenue hit ₹4,450.4 crore, prompting higher targets from multiple brokerages.
Coforge hit the upper circuit after Q4FY26 profit and revenue rose sharply, with Elara upgrading to Accumulate and Choice maintaining Buy with higher targets.
L&T’s Minerals & Metals vertical won its largest domestic metals order from JSW Steel, a major contract worth Rs 10,000-15,000 crore tied to capacity expansion plans.