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Q4 Results LIVE Updates: UTI AMC profit drops 73%; IEX operating profit up 23%
Q4 Results LIVE Updates: Infosys, LTIMindtree, IEX, Union Bank of India, Aditya Birla Sun Life AMC, Adani Energy Solutions, CIE India, Bluestone Jewellery, Mahindra Logistics, Tata Capital, Sterling & Wilson Renewables, Tata Teleservices (Maharashtra), and UTI AMC are among the important earnings to track today. The street will react to results reported by Trent, BCCL, and other companies as well. Watch this space for all the LIVE updates.
L&T Tech Q4 Results: Profit jumps 24% YoY to Rs 347 crore; co declares Rs 40 dividend
L&T Technology Services posted strong profit growth with improved margins, driven by portfolio restructuring and focus on high value engineering and ai services, alongside steady deal wins and stable demand across segments
IT growth under pressure as AI risks rise; pharma, power see support: Nikunj Doshi
Nikunj Doshi, Managing Partner & CIO-PMS at Bay Capital Investments Advisors, says IT services face growth challenges amid AI disruption and remains cautious on the sector. He prefers a bottom-up approach in pharma, citing benefits from rupee depreciation and easing US tariff risks. Doshi is also positive on power and ancillaries, driven by global investments, while staying selective on new-age tech stocks due to expensive valuations and potential post-lock-in selling.
The much-hyped great rotation out of tech for 2026 may be over already
Tech stocks rebound, leading markets since March bottom, while earlier winners like energy and staples lag, investors refocus on AI driven growth and small caps still outperform.
China markets rise on tech strength despite Middle East uncertainty
Sentiment remained supported even though uncertainty continued around the IsraelIran situation. Although US President Donald Trump extended a temporary ceasefire, investors remained cautious as Iran showed reluctance toward further negotiations. However, concerns from the conflict were largely offset by Chinas strong energy security position, supported by large reserves, diversified import sources, and rapid growth in renewable energy capacity.
The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leaders
Indian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Lenskart, Meesho, and PhysicsWallah. This shows growing confidence from domestic investors in these tech-focused businesses. Brokerages are also initiating coverage with positive outlooks. This trend indicates a significant shift in institutional capital towards India's new-age economy.
Top Gainers & Losers on April 16: GMDC, Netweb Tech, Adani Power, Sonata Software, YES Bank among top gainers
On April 16, the Indian stock market closed with modest losses after a recent rally. The Nifty 50 fell 0.18% while the Sensex dropped 0.21%. Broader markets showed gains, indicating a bullish tone, amid improving sentiment from potential US-Iran negotiations.
Top Gainers & Losers on April 16: GMDC, Netweb Tech, Adani Power, Sonata Software, YES Bank among top gainers - Mint
Top Gainers & Losers on April 16: GMDC, Netweb Tech, Adani Power, Sonata Software, YES Bank among top gainersMint
Infosys names Grand Slam Champion Carlos Alcaraz as global brand ambassador
Infosys signs multi year deal with tennis star Carlos Alcaraz as global brand ambassador, to co develop AI match analytics, performance app and social impact tech projects.
MTAR Tech shares soar 10%, double investor money in 2026! What’s behind the latest surge?
MTAR Technologies shares surged over 10%, extending a sharp rally that has doubled investor wealth in 2026 so far. The spike follows a major Bloom Energy–Oracle deal, strengthening growth visibility. Strong Q3 earnings, rising AI-driven power demand, and its key role in clean energy supply chains further boosted investor sentiment.
MTAR Tech shares gain 10% after reports of key client signing an expanded deal with Oracle
MTAR Tech plays a critical role in Bloom Energy's supply chains. As much as 55% - 65% of its revenue comes from Bloom Energy in the US.
Nuvama’s PE arm raises focus on manufacturing, invests ₹200 cr in Chennai-based Val-Met Engineering
Nuvama Private Equity has acquired a minority stake in Val-Met Engineering for ₹200 crore to capitalize on the aerospace and defence manufacturing boom. The investment aims to scale the specialized material supplier into a global player through tech upgrades and international acquisitions.