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Berger Paints shares rose up to 9% after Q4 FY26 profit jumped over 27% on 11.8% volume growth and improved margins, even as management flagged macro risks.
Sensex and Nifty turned lower after a mild early rise as elevated crude prices, US-Iran tensions and foreign fund outflows weighed on sentiment despite softer inflation.
Tata Power shares fell up to 7% after Q4 FY26 earnings missed some estimates, even as FY26 profit hit a record and brokerages issued mixed ratings and targets.
Tata Power shares fell over 6% after Q4 FY26 results, with revenue down 13% and brokerages split between Goldman Sachs’ Sell and Buy calls from Motilal Oswal and JM Financial.
Berger Paints shares rose up to 9% after Q4FY26 results showed higher profit and revenue, while brokerages stayed positive on FY27 recovery and targets.
India raised import duties on gold and silver to 15%, drawing warnings of lower demand and higher smuggling risk, while listed jewellery stocks fell sharply.
Power Finance Corporation’s board meets on May 13, 2026 to approve FY26 audited results, hold an investor meet, and consider a final dividend amid premium P/B valuation.
Dr Reddy’s Q4 FY26 profit dropped 86% as US lenalidomide sales softened and a one-time shelf-stock adjustment and other provisions pulled down reported margins.
Gold and silver ETFs, MCX futures, and gold-loan NBFC stocks rose sharply after the Centre raised import duty to 15%, lifting domestic bullion prices.
MTAR Technologies reported a sharp Q4 FY26 profit jump and stronger margins, but the stock fell as brokerages flagged below-estimate operations and traders watched key technical levels.
Vodafone Idea extended its rally on heavy volumes, trading near its 52-week high after announcing a fund-raising plan amid ongoing focus on AGR relief and capital support.
Dixon Technologies shares rose over 5% after a Q4 profit beat, but brokerages cut FY27-28 estimates amid flat volume guidance, PLI expiry and margin pressure.
The Sensex slid 1.92% on May 12, 2026 as IT, realty and consumer durables fell sharply, extending a four-session decline across Indian benchmarks.
Jewellery shares fell and domestic bullion prices jumped after India raised gold and silver import taxes to 15% from 6% from May 13 to curb imports and support forex reserves.
Gold and silver surged on MCX after India raised import duty to 15% from 6% from May 13, lifting domestic costs amid rupee weakness and global uncertainty.
Gold and silver futures on MCX rose over 6% after India raised import duties to 15%, pushing domestic rates higher amid West Asia tensions and firm global bullion prices.