Share Market News

Merritronix plans to raise ₹70 crore through a fresh IPO opening 1 June, backed by strong FY26 profit growth and defence electronics exposure. Read more about pricing, financials, and plans.

Parle Industries shares hit a 5% upper circuit after Prime Minister Narendra Modi gifted Melody toffees to Italian Prime Minister Giorgia Meloni during his Italy visit. The rally came despite Parle Industries having no connection with the Melody candy brand, manufactured by Parle Products.

Indian markets rebounded sharply as easing oil prices lifted sentiment. Bosch India, Aditya Birla Capital, TeamLease and Honeywell posted key developments, while Jubilant FoodWorks and Whirlpool reported weak quarterly performances.

The Indian stock market indices traded higher after market opening on Thursday morning. Global markets also gave positive cues as there was news of peace talks between the US and Iran.

Thursday’s trade closed on a slightly weaker note for the Sensex and Nifty 50, with both benchmark indices losing ground. Traders stayed cautious on the volatile Middle East situation.

Samvardhana Motherson International posted a 40% YoY rise in Q4 PAT to ₹1,561 crore, while revenue climbed 17%. The board proposed a ₹0.25 per share dividend.

Borrowers may soon get stronger protection during loan recovery as the RBI has proposed a fresh set of draft rules for commercial banks. If finalised, the framework will come into effect from 1 October 2026.

Lenskart shares rose 2% in early trade after Q4 profit fell 9% to ₹200 crore. Revenue jumped 46% to ₹2,516 crore, supported by strong eye test growth, store expansion, and steady international performance.

SMR Jewels is set to launch its ₹67.23 crore SME IPO on 26 May 2026 on the BSE SME platform. The company plans to use the proceeds for capital expenditure, debt repayment and working capital needs.

Ola Electric reported a narrower Q4 loss of ₹500 crore despite a 57% revenue decline, aided by cost cuts, improved margins, and its first positive operating cash flow quarter.

Transporters increased freight charges by 4% as rising diesel, tyre and maintenance costs continued to pressure logistics operators nationwide.