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Latest stock market news, company updates, and price movements. Stay updated with market trends, earnings insights, and investment analysis.
Mphasis shares moved sharply in May 2026 as multiple brokerages reiterated Buy calls and updated targets, while analyst fair value estimates and valuation assumptions were tweaked.
Ashok Leyland has moved its future E-MaaS business under OHM Global Mobility, backing it with ₹300 crore equity and fresh funding for bus-body subsidiary VBCL.
SpiceJet raised nearly ₹3,000 crore via an oversubscribed QIP, issuing 48.70 crore shares at ₹61.60, with proceeds earmarked for dues, lessor liabilities and fleet revival.
Bharat Forge signed an MoU with Andhra Pradesh to set up a private marine gas turbine repair and development hub on about 80 acres in Visakhapatnam, targeting 750 jobs.
Nifty Pharma climbed to fresh highs as multiple stocks hit 52-week peaks, helped by the rupee’s record low of 96.38 per dollar and defensive demand amid volatility.
Somany Ceramics reported Q4 FY26 revenue of ₹812 crore and PAT of ₹38 crore, while ICICI Securities estimated ₹888.9 crore sales and ₹38.9 crore profit.
Puravankara shares surged up to 15% after Q4FY26 results showed a return to profit, sharp revenue growth on higher handovers, and record FY26 sales bookings.
Apollo Micro Systems climbed up to 9% after Q4FY26 profit and revenue surged, aided by a ₹1,432 crore order book and a final dividend announcement.
KPI Green Energy’s unit Sun Drops Energia signed a 120 MW/240 MWh storage agreement with GUVNL, lifting its executed standalone BESS portfolio to 565 MW/1,130 MWh.
Fusion Finance shares rose after a sharp fall as ICICI Securities and MOFSL reiterated Buy ratings, citing easing credit costs and targets of ₹235-240.
Vedanta’s five-way split is effective from May 1, 2026, with shareholders set to receive four new stocks and markets tracking adjusted prices ahead of listing approvals.
Ola Electric posted Q4 FY25 revenue of ₹649 crore and a net loss of ₹870 crore, with weak margins, lower volumes, and a 9.7% share price drop.
Adani Group stocks moved higher after the US Justice Department dropped criminal charges against Gautam and Sagar Adani, alongside separate SEC and OFAC settlement developments.
Adani Group stocks rose in early trade after US prosecutors moved to drop criminal fraud charges, alongside separate settlements linked to investor disclosures and Iran-linked LPG imports.
Goldman Sachs, Jefferies and others kept positive views on Paytm after RBI cancelled PPBL’s licence, citing ring-fenced operations, market share gains and improving lending momentum.
Adani Group shares rose after reports said the US Justice Department permanently dropped fraud charges against Gautam and Sagar Adani, while Adani Enterprises settled an OFAC case.
