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GE Vernova T&D India’s FY26 rally and Q3FY26 results show sharp revenue and profit growth, a strong order backlog, and premium valuations amid broader market volatility.
Crude oil is holding near $100 as the US-Iran ceasefire is extended but shipping through the Strait of Hormuz remains disrupted, keeping a risk premium in global benchmarks.
Delta Corp shares fell 3-4% after Q4 FY26 profit dropped 90% year-on-year to ₹16.45 crore on lower revenue, weaker EBITDA, and an exceptional loss.
Havells India shares fell after Q4 results, even as profit grew sharply, with brokerages split on the outlook amid margin pressure and softer cooling demand.
Infosys reported Q4 FY25 revenue of ₹40,925 crore (+7.9% YoY) but net profit fell to ₹7,033 crore, alongside a ₹22 dividend and FY26 constant-currency guidance of 0–3%.
SBI Life and Delta Corp reacted to earnings, while L&T Technology Services, Infosys and Jio Financial moved on results, deals and strategic partnerships on April 23.
Dr Reddy’s faces a temporary Health Canada compliance hurdle for semaglutide, while advancing abatacept filings and outlining launch timelines that remain central to investor focus.
Cipla and its US arm secured key USFDA approvals for respiratory and fibrosis treatments, even as the stock reacted to competition and remediation-related manufacturing updates.
Inox India is being discussed online after a sharp April rally and multiple new highs, with traders focusing on Golden Cross signals, record quarterly numbers, and rich valuations.
Adani Enterprises’ latest price snapshots show a mild one-day dip, mixed one-year returns, and changing valuation metrics, alongside FY26 revenue and quarterly profit updates.
Tech Mahindra posted 16% YoY Q4 FY26 profit growth and double-digit revenue gains, but shares fell as mixed guidance and valuation concerns kept brokerages divided.
Reliance Industries’ Q3 FY26 results showed 6.1% YoY EBITDA growth amid softer retail performance, while brokerages tracked Jio tariff actions and an IPO timeline as key triggers.
BHEL extended an 11-session winning streak to a fresh 52-week high, even as analysts flagged an overbought RSI and mapped near-term support and resistance levels.
Infosys, Tata Capital, Union Bank and Adani Energy Solutions are among 30 companies set to report Q4FY26 earnings on April 23, with brokerages flagging key Infosys estimates.
Nuvama cut Tata Communications’ target to ₹2,000 after Q4 FY26, while valuation inputs and Street targets were reset amid mixed broker views and recent price moves.
Indian equities extended losses for a second session as Brent crude climbed above $100, the rupee weakened and volatility rose, dragging most sectors lower except pharma.