Page 17 - The Smart Investor News
PFC hits 52-week high, REC extends gains, up 5%; analyst sees more upside
Power Finance Corporation and REC stocks have surged over 22 per cent each, compared to a 9 per cent increase in the Nifty50 index
 "PFC hits 52-week high, REC extends gains, up 5%; analyst sees more upside")
Nifty Metal index hits new high, rallies 15% in April; GMDC zooms 19%
The Nifty Metal index hit a new high of 12,816 in intra-day trade on Thursday and has bounced back 18% from its previous month low of 10,819.85 touched on March 23, 2026.
 "Nifty Metal index hits new high, rallies 15% in April; GMDC zooms 19%")
Tejas Networks falls 6% as Q4 loss widens; analyst against 'fresh buying'
Tejas Networks has significantly underperformed the broader market over the past year. Tejas Networks has declined 50 per cent in the last 12 months, compared to a 3.7 per cent gain in Nifty 50.
 "Tejas Networks falls 6% as Q4 loss widens; analyst against 'fresh buying'")
Firstsource Solutions share price jumps 15% with 10x volumes; Q4 in focus
Firstsource Solutions shares surged over 15% on heavy volumes today amid IT rebound. Here's what's driving the rally, Q4 expectations, and analyst views on stock outlook
 "Firstsource Solutions share price jumps 15% with 10x volumes; Q4 in focus")
NTPC Green stock reclaims IPO levels, up 33% from March lows; time to buy?
Over the past four trading sessions, NTPC Green Energy has gained 15 per cent. From its 52-week low of ₹84, hit on March 2, 2026, it has recovered about 33 per cent.
 "NTPC Green stock reclaims IPO levels, up 33% from March lows; time to buy?")
Cholamandalam Inv stock gains 3%; Motilal Oswal retains Buy for 21% upside
MOFSL) maintained its 'Buy' rating on the stock, citing that the company is emerging from a cyclical slowdown, with a recovery in growth momentum
 "Cholamandalam Inv stock gains 3%; Motilal Oswal retains Buy for 21% upside")
L&T up 26% from March low, nears pre-West Asia conflict price; here's why
L&T's long-term outlook for the Middle East business remains robust with no news of project cancellations or payment delays, says brokerage firm JM Financial.
 "L&T up 26% from March low, nears pre-West Asia conflict price; here's why")
HDB Financial Services jumps 12% after strong Q4 results; dividend declared
With today's rally, the stock price of the HDFC Group company has bounced back 30 per cent from its 52-week low price of ₹557 touched on March 30, 2026.
 "HDB Financial Services jumps 12% after strong Q4 results; dividend declared")
LIC share price rises 5% on announcement of first-ever 1:1 bonus issue
LIC has approved the issuance of first-ever bonus equity shares in the proportion of 1:1. LIC is yet to announce the bonus record date.
 "LIC share price rises 5% on announcement of first-ever 1:1 bonus issue")
ICICI Pru AMC stock falls 5% despite steady Q4; brokerages remain bullish
ICICI Prudential AMC's revenue from operations grew 19.53 per cent Y-o-Y to ₹1,517 crore, as against ₹1,269.19 crore in the March quarter of the previous fiscal
 "ICICI Pru AMC stock falls 5% despite steady Q4; brokerages remain bullish")
Suzlon Energy shares jump 6% as FIIs, mutual funds raise stake in Q4
FIIs exposure in Suzlon Energy came at a time when they are selling Indian equities and the stock corrected by around 10 per cent so far in 2026.
 "Suzlon Energy shares jump 6% as FIIs, mutual funds raise stake in Q4")
MTAR Technologies surges 40% in April; stock up 100% in 2026
MTAR Technologies stock hit a new life-time high at ₹4,848 in Wednesday's intra-day trade on the back of healthy business outlook.
 "MTAR Technologies surges 40% in April; stock up 100% in 2026")
Oil below $100/barrel: OMCs rise up to 6%; upstream oil stocks fall 3%
Crude oil prices fell for a second day on Wednesday on expectations that peace talks between the US and Iran may resume
 "Oil below $100/barrel: OMCs rise up to 6%; upstream oil stocks fall 3%")
Just Dial shares fall 5% as Q4 profit drops 36%; JM Fin sees 80% upside
Just Dial share price today: Post Q4 results, brokerage firm JM Financial has maintained a 'Buy' rating on Just Dial, but lowered its target marginally.
 "Just Dial shares fall 5% as Q4 profit drops 36%; JM Fin sees 80% upside")
Adani Group stocks: Adani Power, Energy hit 52-week highs; here's why
Adani Group shares rallied up to 3% in Wednesday's intra-day trade, and have outperformed the market thus far in April with gains up to 19 per cent.
 "Adani Group stocks: Adani Power, Energy hit 52-week highs; here's why")
ICICI Prudential Life shares gain 7% on posting Q4; brokerages stay bullish
ICICI Prudential Life Insurance saw a nearly 58 per cent year-on-year (Y-o-Y) growth in net profit to ₹609 crore in Q4 FY26 from ₹386.3 crore in Q4FY25
 "ICICI Prudential Life shares gain 7% on posting Q4; brokerages stay bullish")
MCX shares rise over 3% in weak market; m-cap tops ₹70,000 crore
MCX shares were seen trading northward, with a gain of 2.9 per cent at ₹2,742.7 on the National Stock Exchange
 "MCX shares rise over 3% in weak market; m-cap tops ₹70,000 crore")
InterGlobe Aviation shares tank 6% as oil prices rise above $100/bbl
Crude oil prices surged above $100 per barrel as escalating tensions in West Asia spooked investors
 "InterGlobe Aviation shares tank 6% as oil prices rise above $100/bbl")
BPCL, HPCL, IOC: OMC shares tank up to 6% after crude oil rises over 7%
The selling in HPCL, IOCL, BPCL came after oil prices surged above $100 per barrel as escalating tensions in West Asia spooked investors.
 "BPCL, HPCL, IOC: OMC shares tank up to 6% after crude oil rises over 7%")
Upstream oil stocks mixed as crude hits $105; RIL, ONGC under pressure
Crude oil prices topped the $100 per barrel mark after the failure of ceasefire talks between the United States and Iran in Islamabad over the weekend to reach an agreement
 "Upstream oil stocks mixed as crude hits $105; RIL, ONGC under pressure")