Share Market News

RIL net profit decreased 9%, Adani Energy PAT rose 28%, Hindustan Zinc PAT surged 68%, Shriram Finance profit jumped 41%, while IndusInd Bank returned to profit in Q4 FY26.

Pharma stocks rose on Wednesday despite a weak market. They were led by Dr Reddy’s 9.4% jump on Semaglutide approval hopes in Canada, lifting peers and value chain stocks.

PlaySimple Games has filed for a ₹3,150 crore initial public offering, entirely an offer for sale by parent Modern Times Group. Revenue grew 20% in FY25 but net profit fell 31%.

IEX posted an 11% year-on-year rise in profit for Q4 FY26. Revenue moved up during the quarter. EBITDA also showed solid growth. It also announced a dividend of ₹2 per share.

UTI Asset Management Company reported Q4 FY26 results. Reports a loss at ₹66.7 crore, revenue and EBITDA sharply lower. AUM increased 14% to ₹3.88 lakh crore.

Coforge completed Encora’s $2.5 billion acquisition, secured a $550 million loan at 4.6%, issued shares to sellers, and will consolidate Encora from May 2026 with expected cost synergies.

Infosys reported strong Q4 FY26 results with 21% growth in profit and 13% increase in revenue. As a result, the company has announced a dividend of ₹25 per share.

Sensex fell 852 points and Nifty dropped 205 points to 24,173, as weaker rupee weighed on sentiment. GIFT Nifty was near 24,247, pointing to a flat to slightly positive start amid mixed global cues.

The Indian stock market indices fell further on Friday morning amid cautious global cues and escalating Middle East tensions. Declining rupee and weak global markets are keeping the investors on edge.

Tata Capital had a strong Q4 in FY26. PAT was up by 43% at ₹1,502 crore and NII increased 28% to reach ₹3,127 crore.