Page 24 - The Smart Investor News
Defence stocks: HAL, GRSE, Apollo Micro gain up to 3% in weak market
The Nifty India Defence index hit an intra-day high of 9,093.20, up 1.3 per cent on the NSE in intra-day deals, and was inching towards its 52-week high of 9,159.55 touched on June 24, 2025.
 "Defence stocks: HAL, GRSE, Apollo Micro gain up to 3% in weak market")
Aditya Birla Capital up 5% on healthy Q4; brokerages eye up to 24% upside
Aditya Birla Capital reported a 30.6 per cent year-on-year (Y-o-Y) growth in its consolidated net profit to ₹1,129.16 crore, as compared to ₹864.64 crore in the year-ago period
 "Aditya Birla Capital up 5% on healthy Q4; brokerages eye up to 24% upside")
Ather Energy jumps 5% to hit 52-week high; analysts see up to 14% upside
Ather Energy share: Sentiment was further buoyed by favourable brokerage commentary, with Nomura and Emkay Global retaining 'Buy' ratings on the stock
 "Ather Energy jumps 5% to hit 52-week high; analysts see up to 14% upside")
Tata Technologies shares rally 9% after Q4 results; dividend declared
Post quarterly results, Motilal Oswal Financial Services has reiterated its 'Sell' rating on Tata Technologies stock for a target price of ₹500.
 "Tata Technologies shares rally 9% after Q4 results; dividend declared")
Sunflag Iron & Steel zooms 29% in 2 days, hits record high; here's why
According to BSE bulk deal data, the investor Vallabh Roopchand Bhanshali purchased 2 million equity shares of Sunflag Iron & Steel for ₹60 crore.
 "Sunflag Iron & Steel zooms 29% in 2 days, hits record high; here's why")
Wockhardt jumps 10% on posting Q4 profit turnaround; revenue up 30% YoY
In the March quarter (Q4FY26), Wockhardt posted net profit year-on-year (Y-o-Y) of ₹166 crore, as compared to a net loss of ₹25 crore a year ago
 "Wockhardt jumps 10% on posting Q4 profit turnaround; revenue up 30% YoY")
Avenue Supermarts slips 5% as analysts flag QC threat, expensive valuation
Avenue Supermarts shares plunge 5.2 per cent post Q4 as analysts flag quick commerce (QC) threat and expensive valuations
 "Avenue Supermarts slips 5% as analysts flag QC threat, expensive valuation")
BHEL zooms 13%, stock hits all-time high after 18 years; here's why
In the past one month, the market price of BHEL has appreciated by 62 per cent, as compared to 5 per cent rise in the BSE Sensex.
 "BHEL zooms 13%, stock hits all-time high after 18 years; here's why")
Equitas SFB zooms 11% to hit new 52-week high on multi-fold jump in Q4 PAT
Equitas Small Finance Bank said that it has reported highest quarterly PAT of ₹213 crore in Q4FY26, registering a growth of 406 per cent on Y-o-Y basis.
 "Equitas SFB zooms 11% to hit new 52-week high on multi-fold jump in Q4 PAT")
Hindustan Aeronautics soars 6%; what's driving this PSU defence stock?
JM Financial Institutional Securities maintains 'Buy' rating on HAL with a target price of ₹4,875.
 "Hindustan Aeronautics soars 6%; what's driving this PSU defence stock?")
HUL up 5% post Q4 results; brokerages turn bullish, see up to 20% upside
For the entire FY26, HUL clocked a profit of ₹15,059 crore, up 41 per cent Y-o-Y. Its total income in the fiscal year grew by 4.6 per cent to ₹65,219 crore.
 "HUL up 5% post Q4 results; brokerages turn bullish, see up to 20% upside")
Laurus Labs rallies 6%, hits record high post Q4 results; brokerages upbeat
Laurus Labs is now getting the benefit of the same as the CDMO quarterly run rate has gone up from ₹220-250 crore to ₹450-500 crore in two years, believe analysts.
 "Laurus Labs rallies 6%, hits record high post Q4 results; brokerages upbeat")
Jindal Steel shares rise 4% on Q4 results; analysts peg up to 11% upside
Analysts broadly retained their bullish stance, expecting steel prices to remain steady at healthy levels, thereby supporting margins
 "Jindal Steel shares rise 4% on Q4 results; analysts peg up to 11% upside")
Vodafone Idea surges 10% on huge volumes; Citi sees further 30% upside
Analysts at Citi Research has set a target price of ₹14 for Voda Idea stock, but flag limited AGR relief and intensified competition as key risks.
 "Vodafone Idea surges 10% on huge volumes; Citi sees further 30% upside")
Waaree Energies plunges 10% after Q4 miss; Ebitda margin shrinks to 18.6%
Waaree Energies shares fell 10.9 per cent after Q4FY26 margin miss. Ebitda margin dropped to 18.6 per cent despite strong revenue and profit growth
 "Waaree Energies plunges 10% after Q4 miss; Ebitda margin shrinks to 18.6%")
Sun Pharma up 12% in 4 days, nears 52-week high; analysts see more upside?
Supported by the Sun Pharma's proven record of strong cash flows, analysts remain confident in gradual deleveraging over time.
 "Sun Pharma up 12% in 4 days, nears 52-week high; analysts see more upside?")
MTAR soars 12% in weak market, up 83% in April; what's driving the stock?
MTAR, as Bloom's key supplier of critical hot box assemblies (commanding 60-70 per cent wallet share), is not merely a beneficiary of this theme but an irreplaceable enabler of it, MOFSL said.
IIFL Finance jumps 6% on healthy Q4; Motilal Oswal eyes up to 34% upside
IIFL Finance reported consolidated assets under management (AUM) of ₹1,08,180 crore, up 10 per cent quarter-on-quarter and 38 per cent year-on-year
 "IIFL Finance jumps 6% on healthy Q4; Motilal Oswal eyes up to 34% upside")
Meesho shares zoom 12%; JPMorgan initiates coverage with 'Overweight'
Meesho is newly rated 'Overweight' at JPMorgan on ad monetisation, NMV growth
 "Meesho shares zoom 12%; JPMorgan initiates coverage with 'Overweight'")
Vedanta stock trades ex-demerger, slips 7% from intra-day high
Vedanta remains firm on its deleveraging plans, and going forward, higher cash flows will support both its expansion plans and deleveraging efforts.
 "Vedanta stock trades ex-demerger, slips 7% from intra-day high")