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Adani Power’s ₹7,500 crore AA-rated NCD issuance and new long-term PPAs come alongside higher reported debt and net debt, as the company funds a large expansion pipeline.
Paras Defence is set to announce Q4 FY26 results in May 2026, with Street estimates tracking revenue, margins, order book strength, and brokerage targets after a weak 1-year return.
Vedanta’s demerger is effective from May 1, 2026, with demat credits for four new entities underway and listings expected by mid-June, subject to approvals.
PNC Infratech said it was declared the L1 bidder for a ₹194.40 crore Lucknow flyover EPC contract with a 24-month timeline, alongside other recent bid wins.
Nifty IT fell to its lowest since May 2023 as OpenAI’s enterprise push, weak IT outlook comments, and US rate uncertainty revived concerns over pricing and demand.
Stock market today: Nifty and Sensex ended marginally higher after a sharp four-day slide, as value buying fought elevated crude, a record-weak rupee and mixed global cues.
India raised gold and silver import duty to 15% at midnight, and social chatter focused on why prices, volumes, and open interest looked calm beforehand.
A reported joint land purchase by IAS and IPS officers near Bhopal is under scrutiny after a Rs 3,200 crore bypass approval and land-use conversion lifted valuations sharply.
Vedanta’s May 2026 demerger has triggered demat credits for four new entities, with eligibility tied to April 29 holdings and listing expected by mid-June, subject to approvals.
Berger Paints hit a three-month high after reporting a sharp Q4 FY26 profit rise on better mix and lower costs, prompting brokerages to lift target prices.
Cipla shares rose nearly 5% after posting record FY26 revenue, even as Q4 profit and margins fell amid a sharp North America slowdown and higher costs.
Sagility India drew fresh bullish calls as Motilal Oswal reiterated a Buy with a ₹58 target, while Nomura and ICICI Securities also issued positive targets.
Sagility India reported Q3 FY26 revenue of ₹19,712 million with 35.7% YoY growth, raised FY26 guidance to 22.5% constant currency, and detailed an AI-driven services shift.
OneSource Specialty Pharma hit a 52-week low after Q3FY26 results showed a net loss and a 26% YoY revenue drop linked to delayed semaglutide approvals in Canada.
Inox India reported strong Q4 FY26 revenue growth and higher profit, while EBITDA margin eased year-on-year, reflecting a tougher cost and mix environment.
Tata Power fell over 6% intraday after weaker March-quarter earnings, even as renewables and solar manufacturing showed growth, prompting a split view from brokerages.