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Adani Energy Solutions posted steady Q4 FY26 profit and strong FY26 earnings growth, supported by new transmission commissioning and rapid scale-up in smart metering deployments.
Indian IT stocks fell sharply as Infosys lowered FY27 constant-currency revenue guidance and large-deal TCV dropped, dragging the Nifty IT index down over 5%.
Bernstein’s letter to PM Modi warns India could underperform peers unless reforms address energy supply and discom losses, AI capability gaps, transport priorities, welfare spending, and low R&D.
Shriram Finance reported Q4FY26 net profit of ₹3,014 crore on revenue of ₹12,509 crore, and recommended a ₹6 final dividend with July 3 record date.
Shriram Finance reported a 41% year-on-year rise in Q4FY26 profit to Rs 3,014 crore, declared a Rs 6 final dividend, and shares traded higher.
Aditya Birla Sun Life AMC reported an 18% fall in Q4 FY26 PAT to ₹187 crore despite higher revenue, while recommending a ₹25.50 per share dividend for FY26.
KEC International won ₹1,002 crore orders led by India T&D projects and cables supply, taking FY26 year-to-date order intake to about ₹21,300 crore.
Stock market today: Nifty slips below 24,000 and Sensex falls about 900 points as Brent tops $106, rupee weakens and FPIs sell amid West Asia tension.
Ather Energy shares have rallied to fresh highs in April 2026 as EV Policy 2.0 chatter, strong volumes, network expansion, and improving financial metrics fuel sentiment.
World Bank Group’s IFC plans to raise annual India investments to USD 10 billion by 2030, expanding focus on renewables, urban infrastructure, financial services, and municipal bonds.
Alkem Laboratories shares fell about 5% after CEO Vikas Gupta resigned, with the company stating he will stay until June 30, 2026 for a smooth transition.
Brent crude climbed above $106 as Strait of Hormuz risks tightened supply, while US inventory builds and weakening demand signals partially offset the war-driven shock.
Himadri Speciality Chemical reported Q4 FY26 profit of ₹207.53 crore on income of ₹1,349.85 crore, alongside an 80 paise dividend, a China subsidiary plan, and an anode facility update.
Atul Ltd reported higher FY25 revenue and sharply improved Q4 profitability, alongside a final dividend of ₹25 per share and stronger operating margins in specialty chemicals.
Adani Green Energy reported 37% YoY growth in 9M FY26 energy sales, with revenue from power supply up 25% and EBITDA margin at 91.5%.
Indian equities extended losses for a third session as Nifty slipped below 24,000 and Sensex fell over 900 points, with India VIX up 5% and Brent above $105.