Page 6 - Markets News

Shivalik Bimetal shares jump 7% to hit 52-week high; up 85% from March low

The stock has surged as much as 84.71 per cent from its 52-week low of ₹368.60 per share, touched earlier this year on March 30, 2026

Near-term gold outlook cloudy amid yield spike, dollar headwinds: Analyst

Rising real yields alongside a firmer dollar have together stripped two of gold's most consistent supports simultaneously

Hindalco shares rise 4% on strong Novelis Q4; Oswego restart lifts outlook

Hindalco share price rose nearly 4 per cent today after Novelis posted stronger Q4FY26 results and guided an earlier-than-expected Oswego restart.

Karnataka Bank shares rally 10% after Q4; ₹5 per share dividend announced

For the January to March quarter of FY26 (Q4FY26), Karnataka Bank's net profit stood at ₹408.19 crore as against a profit of ₹290.79 crore earned in Q3Y26, registering a growth of 40 per cent Q-o-Q.

Manappuram Finance hits new high, stock up 3 per cent in subdued market

In the past one month, Manappuram Finance has outperformed the market by soaring 20 per cent, as compared to a 4.4 per cent decline in the BSE Sensex.

Brent to average $90 if US-Iran pact resolves Hormuz disruption: Analyst

The probability of US-Iran negotiations entering a more substantive phase is rising-every additional week of disruption deepens financial market stress that the White House cannot indefinitely absorb

PI Industries shares plunge 8% on weak Q4 earnings, margin pressure

PI Industries reported a consolidated net profit of ₹200 crore, down 39.4 per cent year-on-year (Y-o-Y) from ₹331 crore in the year-ago period

Tata Communications shares gain 5% on appointing new MD and CEO

Tata Communications' advanced after the company appointed Ganapathi S. Lakshminarayanan as its Managing Director and Chief Executive Officer for a five-year term

GE Vernova shares jump 9%; Brokerages raise targets on record order book

GE Vernova shares jumped 9% after strong Q4FY26 results. Brokerages raised targets on record ₹21,500-crore backlog, exports and HVDC pipeline

Here's why KDDL shares jumped 20% to hit upper circuit on bourses today

The company's board has recommended a final dividend of ₹8 per equity share (80 per cent) for the financial year ended March 31, 2026

Apollo Tyres, Kaynes, Tata Capital, United Breweries hit 52-week lows

The stock price Kaynes Technology was quoting lower for the fifth straight day, plunging 27 per cent during the period.

BLS International shares rally 9% after Q4 results; dividend declared

For the January to March quarter of FY2026 (Q4FY26), BLS International Services has reported 28.7 per cent Y-o-Y rise in its consolidated net profit to ₹186.9 crore.

Godawari Power zooms 10%, hits all-time high on posting strong Q4 results

In the March quarter (Q4FY26), Godawari Power reported a net profit of ₹280 crore, as compared to ₹222 crore a year ago, up 26 per cent

IOCL Q4 beats on Ebitda; brokerages cut FY27 outlook on crude volatility

Indian Oil reported a 56.6 per cent Y-o-Y increase in net profit to ₹11,377.51 crore, compared with ₹7,264.85 crore in the corresponding quarter of the previous fiscal

JM Fin sees mid-tier IT outperforming largecaps; Mphasis among top picks

Within the sector, JM Financial sees mid-tier IT companies outperforming large-caps and has identified Infosys among the top-six players, Mphasis in the mid-tier space, and Sagility among business pr

Ashish Kacholia-backed Safari Industries up 5% on Q4; should you buy?

On a year-to-date (YTD) basis, Safari Industries shares have declined more than 34 per cent, underperforming the benchmark Nifty50 index, which has fallen 9.6 per cent

This defence stock rose 104% from March low; should you buy, hold or sell?

Share price of Apollo Micro Systems hit a new high of ₹368.70, rallied 25 per cent in the past three trading days on the BSE.

Dredging Corporation zooms 33% in 2 days; what's driving stock price?

Dredging Corporation set an ambitious target of achieving a turnover of ₹1,500 crore during the financial year 2026-27.

Coforge reclaims 100-DMA; 5 reasons why Geojit is bullish on this IT stock

Coforge has rallied 12 per cent in the last three trading sessions. Technical analyst at Geojit highlights the formation of a higher-high on the weekly chart among key reasons.

Zee Entertainment falls 6% on weak Q4; analysts flag ad revenue concerns

Elara Capital downgraded Zee Entertainment Enterprises to Sell, while Motilal Oswal Financial Services retained Neutral amid weak ad demand and rising digital competition