Page 3 - Markets News

Firstsource Solutions shares zoom 18% on heavy volumes; brokerages upbeat

Given the strong pipeline and healthy guidance, analysts at ICICI Securities upgraded Firstsource Solutions (FSL) to 'Buy', with a revised target price of ₹290.

Sonata Software rallies 13% after Q4 profit climbs 21%; dividend declared

For the March quarter of FY2026 (Q4FY26), Sonata Software reported a net profit of ₹130.5 crore, up 21.4 per cent from ₹107.53 crore reported in the year-ago period.

Citi bets on power utilities; picks NTPC, Tata Power amid capex upcycle

Citi has recommended a 'Buy' rating on NTPC for a target price of ₹485, Tata Power for a target of ₹525, Power Grid for a target of ₹380, and JSW Energy for a target of ₹650.

Biocon shares gain 3% despite 57% drop in Q4 profit; dividend announced

Bengaluru-based Biocon said that its Q4 profit stood at ₹198.6. The profit was hit by an exceptional item outgo of ₹80.4 crore on various heads, including the impact of the new labour code.

Thermax rallies 9%, hits new high on strong Q4; stock zooms 38% in 1 month

The board of Thermax has recommended a dividend of ₹14 per share for FY2025-26. Additionally, the board has declared a special dividend of ₹6 to mark the company's 60th anniversary milestone.

This Nifty500 stock doubled in a month; what's behind the stupendous rally?

HFCL share price today: HFCL shares have surged 101 per cent over the past month, significantly outperforming the benchmark Nifty 50, which gained 5.3 per cent.

YES Bank sees strongest weekly gains in over 2 yrs, up 13%; time to buy?

Yes Bank share price today: Yes Bank shares have gained more than 13 per cent in the current week, marking their best weekly performance in more than two years.

Paytm stock jumps 6% after Q4 results; should you buy, sell or hold?

Paytm in Q4FY26 reported a profit of ₹183 crore versus a loss of ₹545 crore in a year-ago period. Post results, Gaurang Shah said he has a positive view on Paytm for long-term and recommends 'Buy'.

One year of Op Sindoor: Defence stocks surge amid geopolitical tensions

Defence stocks rally on geopolitical tensions and policy push, but analysts caution that near-term upside may be priced in despite strong long-term prospects

KPI Green Energy jumps 11% after Q4 profit rockets 49%; dividend declared

KPI Green Energy has reported a consolidated net profit of ₹155 crore in Q4FY26, up 49 per cent Y-o-Y. Its revenue grew by 40 per cent to ₹796 crore.

SRF share price soars 9% on strong Q4, ₹2,300 crore Odisha investment plan

SRF share price: Today's buying in SRF was buoyed after the company reported an 11 per cent Y-o-Y increase in its consolidated net profit to ₹582.02 crore for the March quarter.

Marico jumps 4% to record high on strong Q4 results; MOFSL sees 15% upside

For the March quarter of FY26, Marico reported an 18.26 per cent Y-o-Y rise in consolidated net profit to ₹408 crore. Its consolidated revenue from operations stood at ₹3,333 crore.

Bajaj Finance, L&T Finance, other NBFCs gain up to 4% on ECLGS announcement

The Emergency Credit Line Guarantee Scheme (ECLGS), approved by the Union Cabinet, is sentimentally positive for NBFCs with strong MSME exposure.

M&M shares rise 2% after Q4 profit jumps 48%; ₹33 dividend announced

M&M dividend 2026: The board of M&M has recommended a final dividend of Rs 33 per share, with a face value of Rs 5 each for FY26 and set July 3 as the record date.

CreditAccess Grameen share price defies market weakness to rally 10%

CreditAccess Grameen shares have outperformed the broader market over the past year. The stock has gained 15 per cent so far in 2026, compared with a 4.8 per cent decline in the Nifty index.

MFs share in NSE listed companies hits new high; FIIs at 14-year low: PRIME

The share of individual investors (retail and High Net Worth Individual (HNI) combined) in companies listed on the NSE declined to a 5-year low of 9.11 per cent as on March 31, 2026.

BJP's West Bengal win: L&T, Bandhan Bank among others may gain, say experts

The BJP's victory in West Bengal, wrote analysts at Nomura in a note, could lead to expectations of improved governance, ease of doing business and enhanced infrastructure spending.

What 2 million shareholders stand to gain from Vedanta demerger: Explained

Vedanta will file with stock exchanges this week for listing approval of its demerged entities, with shares expected to list and commence trading by mid-June.

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.

52 of 112 FY26 IPOs below issue price; analysts advise selective buying

Stocks such as Anlon Healthcare, Jaro Institute, VMS TMT, Shree Ram Twistex and Glottis are down in the range of 50 to 80 per cent, as per data shared by PRIME Database.