Page 18 - The Smart Investor News
Swiggy share price falls over 4% after co-founder Nandan Reddy resigns
Swiggy share price today: Swiggy shares fell over 4 per cent in trade after co-founder Lakshmi Nandan Reddy Obul stepped down from the company's board.
 "Swiggy share price falls over 4% after co-founder Nandan Reddy resigns")
Fertiliser stocks slide as US Hormuz blockade, China ban hits sentiment
India is the world's second-largest fertiliser consumer after China and depends heavily on imports of both raw materials and finished products
 "Fertiliser stocks slide as US Hormuz blockade, China ban hits sentiment")
West Asia tensions drag gas stocks; Petronet, GAIL fall up to 5%
Notably, the six-week-long war in West Asia has disrupted global energy supply. India is a net importer of natural gas, relying on overseas supplies for the majority of its consumption.
 "West Asia tensions drag gas stocks; Petronet, GAIL fall up to 5%")
AMC stocks rise up to 5% on record MF inflows; HDFC AMC, Nippon top picks
Buying interest in AMC stocks was bolstered after data from the Association of Mutual Funds in India (Amfi) showed that equity mutual fund inflows jumped 56 per cent M-o-M to ₹40,450 crore in March.
 "AMC stocks rise up to 5% on record MF inflows; HDFC AMC, Nippon top picks")
Groww stock price soars 5% on heavy volumes; analysts suggest 'Buy'
Groww stock was quoting 3.25 per cent higher at ₹192.71 on the back of heavy trading volumes
 "Groww stock price soars 5% on heavy volumes; analysts suggest 'Buy'")
JM Financial initiates on Hindustan Aeronautics with 'Buy', sees 20% upside
JM Financial has valued Hindustan Aeronautics at around 29 times its post-COVID historical average, reflecting a strong pipeline of prospects
 "JM Financial initiates on Hindustan Aeronautics with 'Buy', sees 20% upside")
TCS slips 3%; analysts bullish on AI traction, split on growth outlook
TCS posted a revenue of ₹70,698 crore, as compared to ₹64,479 crore a year ago, up 9.6 per cent Y-o-Y
 "TCS slips 3%; analysts bullish on AI traction, split on growth outlook")
Shriram Finance shares rise over 3%; check what's lifting this NBFC stock
CRISIL Ratings has upgraded its long-term rating to 'CRISIL AAA/CRISIL PPMLD AAA/Stable' and removed it from watch with positive implications, while reaffirming its 'CRISIL A1+' short-term rating
 "Shriram Finance shares rise over 3%; check what's lifting this NBFC stock")
Wipro share price up 2% as IT major to mull buyback next week
Wipro share price today: Wipro was the only gainer in the Nifty IT index, which slipped 1.7 per cent.
 "Wipro share price up 2% as IT major to mull buyback next week")
Meesho shares zoom 13% on huge volumes; Equirus says buy for 15% upside
Meesho, which reported widening of loss in Q3FY26 to ₹490 crore, had made its Dalal Street debut in December 2025. At CMP, Meesho shares are up 55 per cent from the IPO issue price of ₹111.
 "Meesho shares zoom 13% on huge volumes; Equirus says buy for 15% upside")
Ola Electric shares spurt 16%, rebound 58% from record low; time to buy?
With today's rally, Ola Electric shares are now up more than 58 per cent from the record low of ₹22.25, hit on March 16, 2026.
 "Ola Electric shares spurt 16%, rebound 58% from record low; time to buy?")
Info Edge shares fall 4%; JM Fin retains 'Reduce', trims target by over 4%
JM Financial has retained its 'Reduce' rating on the stock and cut the target price by 4.5 per cent to ₹1,050 per share from ₹1,100 earlier
 "Info Edge shares fall 4%; JM Fin retains 'Reduce', trims target by over 4%")
KEC International jumps 8% on ₹2,518-cr new orders; Axis expects flat Q4
KEC International stock opened at ₹593.05, up 4.5 per cent from the previous session's close of ₹567.6
 "KEC International jumps 8% on ₹2,518-cr new orders; Axis expects flat Q4")
Fertiliser stocks rally up to 8% on subsidy boost; analyst lists top picks
The government has approved a ₹41,534 crore subsidy for Phosphatic and Potassic (P&K) fertilisers for the upcoming 2025-26 kharif season.
 "Fertiliser stocks rally up to 8% on subsidy boost; analyst lists top picks")
P N Gadgil Jewellers shares gain 4% in trade; MOFSL says Buy for 17% upside
The upward movement in the company's share price followed its business update for the fourth quarter of FY26 and the full financial year
 "P N Gadgil Jewellers shares gain 4% in trade; MOFSL says Buy for 17% upside")
Vodafone Idea shares surge 6% on AGR reassessment update; analyst view here
Vodafone Idea share price: The telecom department expects to complete Vodafone Idea's AGR reassessment by June. The reassessment was earlier targeted for completion by March 31.
 "Vodafone Idea shares surge 6% on AGR reassessment update; analyst view here")
US-Iran ceasefire lifts fertiliser stocks; Coromandel, Rashtriya Chem up 5%
Shares of fertiliser companies jumped up to 5 per cent on Wednesday after US President Donald Trump agreed to a temporary two-week ceasefire with Iran
Kalyan Jewellers shares jump 6% in trade; MOFSL retains Buy with 25% upside
The northward movement in the company's share price came on the back of the company's announcement of its business update for the fourth quarter of 2025-26 (Q4FY26)
 "Kalyan Jewellers shares jump 6% in trade; MOFSL retains Buy with 25% upside")
Adani Group stocks jump up to 10% as US court accepts plea to drop SEC case
In its petition, the Adani Group had sought the dismissal of the SEC lawsuit, claiming a lack of US jurisdiction and an impermissible extraterritorial application of US law.
 "Adani Group stocks jump up to 10% as US court accepts plea to drop SEC case")
Rate sensitives gain up to 10% after RBI keeps repo rate unchanged at 5.25%
Bank, realty, auto and financial services stocks surged up to 10 per cent after the Reserve Bank of India (RBI) maintained status quo
 "Rate sensitives gain up to 10% after RBI keeps repo rate unchanged at 5.25%")