Page 44 - The Smart Investor News
Power stocks in demand; Hitachi, Siemens Energy, GE Vernova soar up to 9%
The T&D value chain, particularly segments focused on high voltage transformers, continues to benefit from a robust capex outlay, say analysts at Motilal Oswal.
 "Power stocks in demand; Hitachi, Siemens Energy, GE Vernova soar up to 9%")
ITC Hotels: ICICI Direct keeps 'Buy' on valuation comfort, sees 45% upside
ITC Hotels share price target: ICICI Direct Research has maintained its 'Buy' rating on ITC Hotels stock after Q4 results and revised target price to ₹220, citing attractive valuations.
 "ITC Hotels: ICICI Direct keeps 'Buy' on valuation comfort, sees 45% upside")
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.
 "Hindalco shares rise 4% on strong Novelis Q4; Oswego restart lifts outlook")
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.
 "Apollo Tyres, Kaynes, Tata Capital, United Breweries hit 52-week lows")
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
 "Ashish Kacholia-backed Safari Industries up 5% on Q4; should you buy?")
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.
 "This defence stock rose 104% from March low; should you buy, hold or sell?")
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.
 "Dredging Corporation zooms 33% in 2 days; what's driving stock price?")
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
 "Zee Entertainment falls 6% on weak Q4; analysts flag ad revenue concerns")
BEL share price falls 3% after Q4 margins contract despite strong topline
BEL share price today, dividend 2026: Along with Q4 results, the board of BEL also recommended a final dividend of 55 per cent or Re 0.55 per share of Re 1 face value for FY2026.
 "BEL share price falls 3% after Q4 margins contract despite strong topline")
Zydus Lifesciences shares gain 7%, hit 52-week high on healthy Q4 show
In the March quarter (Q4FY26), Zydus Lifesciences reported a net profit of ₹1,272.5 crore, as compared to ₹1,170.9 crore a year ago, up 8.7 per cent
 "Zydus Lifesciences shares gain 7%, hit 52-week high on healthy Q4 show")
Radico Khaitan up 6%, nears 52-wk high; JM Fin retains 'buy' for 13% upside
JM Financial has maintained a 'Buy' rating on Radico Khaitan shares and revised the target price to ₹3,945 (55x March'28E) versus ₹3,470.
 "Radico Khaitan up 6%, nears 52-wk high; JM Fin retains 'buy' for 13% upside")
OFSS jumps 6% to 15-month high, up 60% from March lows; buy, sell or hold?
Share price of Oracle Financial Services Software, a majority-owned subsidiary of Oracle, rallied 6% to ₹10,000.50, its highest level since January 24, 2025, on the BSE in Tuesday's intra-day trade.
 "OFSS jumps 6% to 15-month high, up 60% from March lows; buy, sell or hold?")
Puravankara zooms 17% on Q4 profit turnaround; revenue up 177% YoY
In the March quarter (Q4FY26), Purvankara reported a net profit of ₹110 crore, as compared to a net loss of ₹88 crore a year ago
 "Puravankara zooms 17% on Q4 profit turnaround; revenue up 177% YoY")
Afcons Infra tanks 9% on posting weak Q4 results; revenue down 19% YoY
In the March quarter (Q4FY26), Afcons Infra reported a net loss of ₹89 crore, as compared to a net profit of ₹111 crore a year ago
 "Afcons Infra tanks 9% on posting weak Q4 results; revenue down 19% YoY")
Jain Resource tanks 18% on Q4 miss; MOFSL cuts estimates, sees 21% upside
Jain Resource's revenue from operations stood at ₹3,105 crore, up 76.4 per cent from ₹1,760 crore in the year-ago period
 "Jain Resource tanks 18% on Q4 miss; MOFSL cuts estimates, sees 21% upside")
Apollo Micro Systems jumps 9% on Q4 show, dividend news; analyst upbeat
Investor sentiment was further supported by the company's announcement of a final dividend of Re 0.25 per equity share of face value ₹1 each for FY26
 "Apollo Micro Systems jumps 9% on Q4 show, dividend news; analyst upbeat")
IDBI Bank shares gain 4% as govt weighs options to revive privatisation
IDBI Bank share price, privatisation: Today's buying momentum was driven by reports suggesting that the government is evaluating ways to revive investor interest in IDBI Bank.
 "IDBI Bank shares gain 4% as govt weighs options to revive privatisation")
BSE may get Nifty 50 berth in September rebalancing; stock gains 2%
According to a report by analyst Janaghan Jeyakumar of Quiddity Advisors, BSE Ltd could be headed for inclusion in NSE's flagship Nifty 50 index at the Sept 2026 rebalancing. It may replace Wipro.
 "BSE may get Nifty 50 berth in September rebalancing; stock gains 2%")
Tata Steel falls 5% despite strong Q4; analysts see more upside ahead
Tata Steel shares fell 5 per cent on Monday, after Q4FY26 results, but analysts remain bullish on strong margins, India demand, Europe recovery, and FY27 growth outlook
 "Tata Steel falls 5% despite strong Q4; analysts see more upside ahead")
Alembic Pharma shares plunge 9% on soft Q4 results, weak margins drag
Alembic Pharmaceuticals reported a 29 per cent year-on-year (Y-o-Y) rise in consolidated net profit to ₹202 crore as compared to ₹157 crore in the year-ago period
 "Alembic Pharma shares plunge 9% on soft Q4 results, weak margins drag")