Stock News

PFC and REC merger gains momentum as the government pushes PSU consolidation to create a ₹17 lakh crore financing giant.

JSW Cement reported a 46% year-on-year jump in Q4 FY26 operating EBITDA to ₹365 crore, while revenue rose 11% to ₹1,895 crore on the back of higher cement sales and improved realisations.

ITC reported a 6.1% year-on-year rise in Q4 FY26 consolidated PAT to ₹5,470 crore, while gross revenue increased 17.1% to ₹23,626 crore.

LG Electronics India Q4FY26 revenue rose 8.1% to ₹8,054 crore but net profit fell 8.2% to ₹693 crore as rupee depreciation and commodity costs compressed margins to 11.7%.

Varun Beverages has extended its exclusive bottling and trademark licence agreement with PepsiCo in India by a decade, pushing the term out to April 2049. VBL shares rose over 3% on the news. Read ahead to know more.

LIC reported a 23% rise in Q4FY26 net profit to ₹23,467 crore and announced a ₹10 final dividend.

Sensex and Nifty traded higher in mid-session with gains in banking and financial stocks. Lag was there in media and pharma stocks.

Ola Electric plans to shift its entire vehicle portfolio to in-house battery cells by September 2026 as Q4FY26 gross margins hit 38.5% and the company turns operating cash flow positive.

MTAR Technologies shares climbed around 5% on 22 May after the company secured fresh international orders worth ₹467 crore and raised its FY27 revenue growth guidance to 80%. The stock has surged nearly 244% in 2026 so far amid strong clean energy and aerospace demand.

Page Industries posted a 9% rise in Q4FY26 profit to ₹178.73 crore, while revenue climbed 14%. The company also announced a fourth interim dividend of ₹150 per share for FY26.