Share Market News

MRF Ltd reported a 37% rise in Q4 standalone net profit to ₹680 crore, driven by higher revenue growth. The company also announced a final dividend of ₹229 per share for FY26.

HFCL shares have jumped 37% in just five sessions. Strong Q4 earnings, fresh telecom orders and 5G optimism are driving investor interest in the stock.

Securities and Exchange Board of India defined significant indices as those with over ₹20,000 crore in tracking assets under management, requiring providers of such indices to register within six months.

At least 10 companies are reportedly considering cutting the size of their planned IPOs to ensure successful listings, taking advantage of a recent SEBI window that allows issuers to trim issue sizes by up to 50% without refiling papers. Read ahead to know more.

Meesho reported 43% growth in orders and revealed that 70% of its code is AI-generated, highlighting its aggressive AI strategy. Read more about its FY26 expansion plans.

KPIT Technologies reported a 33% year-on-year fall in Q4 FY26 profit to ₹163 Cr despite double-digit revenue growth. Rising operating costs, weak investor sentiment and continued pressure on the global mobility sector kept the stock under pressure, with shares falling more than 4% on 7 May.

India is steadily expanding its anti-drone and defence technology ecosystem as demand for counter-drone systems rises globally. Several listed companies are now gaining investor attention due to their presence in defence electronics, radar, and surveillance solutions.

India's top six mutual funds by assets under management are led by Parag Parikh Flexi Cap and five other schemes. HDFC Mid Cap stands out on returns, delivering 93.94% over three years, while ICICI Prudential Large Cap rounds out the list.

AU Small Finance Bank has informed exchanges that Kotak Mahindra Bank has received RBI's approval to acquire an aggregate holding of up to 9.99% in AU Small Finance Bank. Read ahead to know more.

Net profit growth in Q4 FY26: Polycab India 7%, Radico Khaitan 95%, Godrej Consumer 10%.

The Reserve Bank of India approved HDFC Bank group entities to collectively hold up to 9.95% in ICICI Bank and Kotak Mahindra Bank, valid until 5 May 2027, after combined holdings neared the 5% threshold.

Paytm recorded a profit of ₹183 crore in Q4 FY26. Its revenue rose 18% and EBITDA was also up at ₹132 crore during this period.

The Indian stock market indices traded flat after market opening on Thursday morning. With most global markets giving positive cues, the Indian indices too are expected to become green as the day progresses.

Indian markets may open higher on positive GIFT Nifty cues. Stocks including Meesho, L&T, Paytm, Bajaj Auto, Indian Bank, and Godrej Consumer gained attention after earnings, fundraising plans, and major order wins.

Sensex jumped 941 points to close at 77,958, while the Nifty gained 298 points to end at 24,330 after reports of progress in US–Iran talks improved sentiment. GIFT Nifty near 24,491 points to a flat-to-steady start.

The Nifty PSU Bank index rose 2.84% on 6 May, while Canara Bank, PNB, Bank of Baroda and Indian Bank gained up to 3% after the Cabinet approved the ₹18,100 Cr ECLGS 5.0 scheme.

Benchmark indices, the Sensex and Nifty, recorded gains of over 1% on Wednesday. They rode high on favourable domestic and international cues.

The net profit of PNB for the last quarter of FY26 saw an increase of over 14% to reach ₹5,225 crore. Gross NPA improved to 2.95% with an almost 11% growth in the global business.

Marico Limited reported strong fourth-quarter numbers in FY26, with revenue increasing by 22% and profit rising 14%.

KPI Green Energy posted 46% Q4 profit growth to ₹155 crore with strong revenue and margin gains. Shares jumped 10%. The company also announced a total ₹0.40 per share dividend.

Several companies, led by Oracle Financial Services’ ₹270 dividend, have fixed May record dates. NALCO, LTTS, Havells, and Anand Rathi Wealth also announced payouts, keeping dividend-focused investors active this month.

Raymond posted 8% growth in revenue for Q4. But net profit has fallen by 53%. Higher expenses and exceptional items have kept margins tight.

United Breweries reported a 4% rise in Q4 FY26 net profit to ₹102 Cr. However, higher freight, packaging and energy costs linked to Middle East disruptions kept sentiment cautious, with shares falling over 3% in early trade today.

RBI is studying foreign-currency bond issuance as SEBI plans easier access to GIFT City debt products and tax-saving bonds. The moves aim to boost capital inflows. Read more for details.

Ajanta Pharma posted 21% growth in revenue and 18% growth in PAT for Q4. EBITDA increased by 12%. The performance was driven by momentum in the US generics business.

Poonawalla Fincorp Q4FY26 net profit jumped 309% year-on-year to ₹255 crore. Assets under management crossed ₹60,000 crore for the first time. Read ahead for more details.

Larsen & Toubro reported a 3% YoY decline in Q4 FY26 profit to ₹5,326 crore, while revenue and order inflows remained strong. The company also announced a final dividend of ₹38 per share and maintained a healthy growth outlook backed by a record order book.

The Reserve Bank of India proposed a seven-year limit for banks to dispose of collateral assets seized from defaulters, with strict valuation, disclosure and public auction requirements under a new draft framework.