Page 46 - The Smart Investor News
Zaggle Prepaid falls 19% despite strong Q4; brokerages see up to 60% upside
Zaggle Prepaid reported a 50 per cent year-on-year (Y-o-Y) jump in revenue from operations to ₹618 crore compared to ₹412 crore in the year-ago period
 "Zaggle Prepaid falls 19% despite strong Q4; brokerages see up to 60% upside")
MTAR stock spurts 113% since April; Motilal Oswal sees more upside
MTAR Technologies hit a new high of ₹7,404.95, skyrocketing 543 per cent from its April 7, 2025 price of ₹1,152 on the BSE.
 "MTAR stock spurts 113% since April; Motilal Oswal sees more upside")
Nifty IT index tanks 7% in 4 days; TCS, Infy, HCL, LTM hit fresh 52-wk lows
In 2026 so far, TCS, Infosys, HCL Tech, Tech Mahindra, and Wipro have declined in the range of 17 per cent to 33 per cent. In comparison, the Nifty 50 index has dived 10 per cent, data showed.
 "Nifty IT index tanks 7% in 4 days; TCS, Infy, HCL, LTM hit fresh 52-wk lows")
Kaynes Technology shares tank 19% on weak Q4; JM Fin downgrades to 'Reduce'
In the March quarter (Q4FY26), Kaynes Technology reported a 21.5 per cent decline in net profit to ₹91.2 crore, as compared to ₹116.2 crore Y-o-Y
 "Kaynes Technology shares tank 19% on weak Q4; JM Fin downgrades to 'Reduce'")
Adani Enterprises jumps 7%, hits 52-week high; stock up 52% from March low
Adani Enterprises stock hit a 52-week high of ₹2,665 and quoted 48 per cent higher against its rights issue price of ₹1,800 per share.
 "Adani Enterprises jumps 7%, hits 52-week high; stock up 52% from March low")
Hindustan Petroleum falls 4% on Q4 results; brokerages see up to 74% upside
Hindustan Petroleum reported a consolidated net profit of ₹6,065.26 crore, up 77 per cent from ₹3,415 crore in the year-ago period
 "Hindustan Petroleum falls 4% on Q4 results; brokerages see up to 74% upside")
Tata Motors CV stock fall 7% fom day's high; Mgt flags margin pressure
Tata Motors CV may trade off profitability for volumes amid rising raw material costs. For now, the company has refrained from giving FY27 growth guidance
 "Tata Motors CV stock fall 7% fom day's high; Mgt flags margin pressure")
Cipla soars 8% despite disappointing Q4; what's driving pharma stock?
Going forward Cipla's management expects to pick up momentum in FY27 and aspires $1 billion revenue from the US itself.
 "Cipla soars 8% despite disappointing Q4; what's driving pharma stock?")
Biocon soars 10% in 3 days, stock nears 52-week high; here's why
In the past 12 trading days, the market price of Biocon has appreciated by 20 per cent from a level of ₹349.65 on the BSE on April 24, 2026.
 "Biocon soars 10% in 3 days, stock nears 52-week high; here's why")
SAIL zooms 11%, at 15-year high; sees sharpest intra-day rally in 54 months
The average trading volumes at the counter jumped nearly three-fold with a combined 79.6 million shares changing hands on the NSE and BSE till 11:40 AM.
 "SAIL zooms 11%, at 15-year high; sees sharpest intra-day rally in 54 months")
Torrent Power falls 7% on Q4 results; net profit down 70% to ₹318 crore
Torrent Power reported a consolidated net profit of ₹318 crore, down 69 per cent year-on-year from ₹1,060 crore in the year-ago period
 "Torrent Power falls 7% on Q4 results; net profit down 70% to ₹318 crore")
Vodafone Idea extends rally, up 5% on huge volume; stock nears 52-week high
Vodafone Idea board is scheduled to meet on Saturday, May 16, 2026 to consider and evaluate proposal for raising of funds by way of issuance of equity shares and/or warrants on preferential basis.
 "Vodafone Idea extends rally, up 5% on huge volume; stock nears 52-week high")
Berger Paints jumps 9% on Q4 show; analysts see recovery-led gains in FY27
The investor sentiment was further bolstered by favourable commentary from brokerages, which expect the company to gain market share as the paint industry recovers in FY27
 "Berger Paints jumps 9% on Q4 show; analysts see recovery-led gains in FY27")
Texmaco Rail surges 15% on winning South African order worth ₹4,045 cr
Texmaco Rail has secured a major strategic rail opportunity in South Africa with the receipt of a LOA from a South African TOC for supply of more than 2,235 freight wagons.
 "Texmaco Rail surges 15% on winning South African order worth ₹4,045 cr")
Hindustan Zinc, Vedanta rally up to 6% on huge volumes; here's why
The government today increased the import duty on gold and silver from 6 per cent to 15 per cent; analysts see this as a positive move for Hindustan Zinc.
 "Hindustan Zinc, Vedanta rally up to 6% on huge volumes; here's why")
ONGC, Oil India rally up to 7%; what's driving state-owned upstream stocks?
With oil at $80/bbl, analysts at CLSA project an over 50 per cent total return on ONGC as it is pricing in $65/bbl Brent; sets target price for the oil explorer at ₹405 per share.
 "ONGC, Oil India rally up to 7%; what's driving state-owned upstream stocks?")
Sonata Software shares drop 8% after management skips FY27 guidance
Sonata Software shares plunged over 7 per cent after the company refrained from giving FY27 growth guidance. Weak sentiment in IT stocks after OpenAI's latest announcement also weighed on the stock
 "Sonata Software shares drop 8% after management skips FY27 guidance")
UPL dips 4% on Q4 results; Motilal Oswal sees 10% downside on tax headwinds
UPL ended the FY26 on a strong note, driven by broad-based growth across geographies and business platforms, despite continued pricing pressure in the global crop protection industry
R R Kabel stock price zooms 46% in 1 month; hits new high in weak market
The W&C business remained the key growth driver, delivering strong growth across domestic and export markets with healthy profitability despite volatility and challenges due to recent global conflicts
 "R R Kabel stock price zooms 46% in 1 month; hits new high in weak market")
Satin Creditcare Network zooms 15%, hits 52-week high on strong Q4 show
The buying on the counter came after Satin Creditcare Network reported its Q4FY26 numbers on Monday, after market hours
 "Satin Creditcare Network zooms 15%, hits 52-week high on strong Q4 show")