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Maruti Suzuki shares surge 4% after 'bulls' see stock testing ₹19,000 despite market share worries
While passenger vehicle demand remains steady and the company is guiding for 10% domestic volume growth in FY27, Maruti Suzuki's market share has slipped to a 13-year low amid a shift in consumer preference towards SUVs.
Maruti Suzuki Q4 Preview: Healthy volumes to aid topline growth; higher costs may dent margins
Volumes are likely to grow 12% year-on-year and 1% sequentially, while realisations may increase 12% year-on-year and 1% quarter-on-quarter.
At least five upgrades drives Mahindra Group stock to best day in four years
For the quarter, Mahindra & Mahindra Financial reported a 24% growth in its core income, while net profit grew by 55% from last year despite higher provisions. The management also maintained its growth guidance of 16% to 18% year-on-year.
Infosys has its best growth in 3 years, but Big Five have another uncertain year ahead
Much like Infosys, its Big Five peers Tata Consultancy Services, Wipro, HCL Technologies and Tech Mahindra have all voiced concerns about the troubled demand environment
Premiumisation and expansion into new markets key focus areas: Mother Dairy MD
Mother Dairy is prioritizing premium products and expanding into new markets. The company is also strengthening its distribution network and increasing its presence on quick commerce platforms. This strategy aims to meet evolving consumer demands and address competition. Mother Dairy anticipates significant growth in the coming fiscal year, projecting revenue to reach Rs 24,000 crore.
Tech Mahindra shares fall nearly 2% after Q4. Goldman Sachs, Motilal Oswal, other brokerages weigh in
Tech Mahindra shares slipped after reporting a 16% rise in quarterly profit, with revenue growth supporting sentiment despite cautious outlooks. The stock remained under pressure as brokerages flagged valuation concerns, even as strong deal wins and AI-led momentum provided some support, keeping short-term price action mixed amid uneven market response.
Tech Mahindra rebounds from a two-year revenue decline
India’s fifth-largest IT services company saw nearly 2% growth in FY26 revenue to $6.39 billion, beating street expectations.
Bank asset quality steady, loan growth strong; HDFC Bank may see re-rating: MOFSL
Nitin Aggarwal, Senior Group VP and Head of BFSI, Institutional Equities at Motilal Oswal Financial Services Limited (MOFSL) highlights stable asset quality, strong loan growth across ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank, while flagging margins and earnings recovery as key factors to watch in the banking sector.
SML Mahindra Q4 results: Profit edges up, margin narrows; dividend declared
SML Mahindra reported a marginal rise in profit and strong revenue growth in Q4, though margins narrowed year-on-year. The company also announced a final dividend for FY26.
Siemens among 5 F&O stocks with surge in futures open interest
Futures open interest in several NSE F&O stocks saw a sharp uptick as of April 15, with five counters registering over 15% growth compared to the previous session, signalling fresh position build-up. Stocks like Godfrey Phillips India, Motilal Oswal Financial Services, Siemens, Force Motors and Astral led the surge, indicating increased trader participation and heightened activity in the futures segment.
Mutual fund bulls vs FII bears: The Rs 38,000 crore battle for 5 popular bank stocks
Domestic mutual funds bought banking stocks worth Rs 38,000 crore in March, countering heavy FII selling of Rs 60,655 crore during the Iran war selloff. Major accumulation was seen in HDFC Bank, ICICI Bank, SBI, Kotak Mahindra Bank, and Axis Bank. HDFC Bank emerged as the top pick across leading mutual fund houses, according to Prime Database estimates.
ICICI Lombard General Insurance shares in focus after Q4 net profit rises 7%. What are Morgan Stanley, HDFC Securities saying?
Shares of ICICI Lombard General Insurance Company are likely to be in focus after reporting stable Q4 FY26 performance, with profit after tax rising 7.3% year-on-year to Rs 547 crore. The company saw improved combined ratio, strong premium growth, and maintained a robust solvency position, while brokerages remained mixed on ratings and target prices.