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UPL shares fell about 4% despite higher Q4FY26 profit and revenue, as analysts flagged margin and tax-rate headwinds; Motilal Oswal kept a Neutral rating.
MobiKwik turned profitable in Q4 FY26 and reported a sharp EBITDA swing, but the stock fell as investors weighed full-year losses and continued investment plans.
Oil India’s charts show mixed momentum across timeframes, with price oscillating around key moving averages and traders tracking 482 support and 504 resistance.
Indian IT stocks slid as Nifty IT dropped over 3% after OpenAI unveiled its Deployment Company, backed by $4,000 million, raising fears of consulting disruption.
Nifty IT slid to its lowest level since May 2023 as weak earnings guidance, AI-driven spending shifts, and uncertainty on US rates triggered broad-based selling in IT stocks.
HFCL shares rose to a fresh 52-week high after it disclosed $19.32 million export orders and reported a sharp March-quarter profit turnaround with a record order book.
ONGC and Oil India shares climbed up to 9% after the government cut crude and gas royalty rates, a move CLSA said improves fair value and reduces windfall-tax fears.
The Indian rupee slid to fresh record lows near 95.6 per dollar on May 12 as Brent jumped above $105, worsening oil-import pressures and volatility.
R R Kabel shares moved sharply in early May 2026, posting strong one-month gains and testing fresh 52-week highs even as the Sensex stayed weak.
Tejas Networks traded slightly higher despite a wider Q4 FY26 loss and an 83% YoY revenue fall, while exchanges placed the stock under the ASM framework.
Aurionpro Solutions posted Q4 FY26 PAT of ₹61.51 crore on ₹345.57 crore revenue and reported FY26 PAT of ₹209.31 crore, even as the stock fell 9%.
Neogen Chemicals’ board approved Q3FY26 unaudited results, backed an in-principle ₹150 crore preferential equity issue to the promoter group, and cleared ESOP grants and covenant compliance updates.
Sensex and Nifty extended losses on May 12 as IT stocks slid on AI disruption fears, crude stayed above $100, and US-Iran tensions and rupee weakness hurt sentiment.
Moody’s cut India’s FY27 growth forecast to 6% from 6.8%, citing higher energy costs, weaker consumption and industrial activity, and inflation and fiscal risks from West Asia tensions.
ONGC and Oil India shares rose up to 9% after the Centre cut effective royalties on onshore and offshore crude and natural gas, improving profitability expectations.
Tata Power’s Q4 FY26 earnings are due on 12 May 2026, with investors tracking profit recovery after Q3 revenue fell to ₹13,948.41 crore and net profit dropped.