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Cummins India has seen a string of small analyst target revisions alongside steady growth forecasts, as brokerages weigh data centre-linked demand, margins, valuation, and FY26 performance trends.
Berger Paints shares rose sharply after Q4FY26 PAT grew 27.5% and sales increased about 6%, as brokerages flagged easing competition and steadier FY27 margins.
India raised petrol and diesel prices by Rs 3 per litre on May 15, ending a four-year freeze as West Asia tensions lifted crude prices and supply-risk fears.
Texmaco Rail shares jumped on a South Africa order and higher Q4 profit, even as the stock is down YoY; Nuvama raised its target to Rs 158.
RBI and CCI have cleared Emirates NBD’s plan to buy up to 74% of RBL Bank for $3 billion, with an open offer at ₹280 and voting rights capped.
Petrol and diesel prices were raised by ₹3 per litre across India amid elevated crude prices, a weak rupee and West Asia supply risks, pushing up household and transport costs.
Coal India’s board has approved up to 25% OFS divestment in SECL and MCL, plus up to 10% fresh SECL shares, subject to approvals.
Power Grid trades near Rs 295 in April 2026 as analysts see a Rs 350-400 12-month target, with tariff, regulation and execution risks in focus.
Coal India approved in-principle divestment plans for SECL and MCL, including up to 35% in SECL and up to 25% in MCL via OFS and IPO routes, subject to approvals.
Godrej Industries reported 11% YoY consolidated income growth in Q3 FY26, with higher operating profit and mixed standalone performance after an exceptional item linked to new labour codes.
India’s forex reserves rose $6.295 billion to $696.988 billion in the week ended May 8 after a $7.794 billion fall, with foreign currency assets up $562 million.
Gland Pharma reported a 97% YoY jump in Q4 FY26 profit to ₹366.7 crore as sales rose 22%, though the stock ended lower on the BSE.
Rallis India’s Q3 results discussion highlights a sharp PAT drop linked to a wage code provision, while earlier Q3FY25 filings showed lower revenue, margins, and export pressure.
Bajaj Electricals reported FY26 standalone revenue of ₹4,462.16 crore and a net loss of ₹77.26 crore, while proposing a ₹3 final dividend and naming a new CFO.
SEBI has cleared Bharti Hexacom’s IPO draft, which is a pure offer-for-sale of 10 crore shares by TCIL, with Bharti Airtel retaining its 70% stake.
Tata Steel posted a sharp Q4FY26 profit jump to ₹2,926 crore and declared a ₹4 dividend, but fell short of analyst estimates as the stock ended lower.