Market News
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Reliance in talks with Chinese battery behemoth CATL & others for big battery system parts
Reliance Industries is in talks with China’s Contemporary Amperex Technology Co. Limited and other global suppliers to source components for battery energy storage systems as it pushes ahead with its clean energy plans.
Apollo Micro Systems Q4 Results: Shares up 9% on sharp profit, revenue growth
Apollo Micro Systems reported strong Q4 earnings growth, driven by robust revenue expansion and improved operating performance, while investor sentiment remained upbeat following recent defence manufacturing licence approvals.
Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why
IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.
JLR readies recovery plan to get fit for new 'world order'
Jaguar Land Rover is implementing a three-part recovery plan following its worst annual net loss in five years. The strategy targets reducing procurement and warranty expenses while enhancing digital systems. The company aims to restore its cash break-even point and achieve significant savings. New electric vehicle launches are expected to drive future growth.
Delhivery Q4 Results: Net profit flat at Rs 72.4 crore, revenue rises 30% YoY
Delhivery reported a marginal 0.2% year-on-year decline in net profit for Q4FY26 to Rs 72.4 crore, despite a 30% revenue jump to Rs 2,850 crore. The company saw significant growth in express parcel volumes and introduced AI-powered systems. For FY26, Delhivery turned free cash flow positive and achieved a consolidated PAT of Rs 153 crore.
TD Power Systems up 119% from Jan low, hits new high; what's driving stock?
To encourage participation from small investors by making it more affordable & consequently enhance the liquidity of the company's equity share, the board approved a 1:2 stock split.
Ford stock jumps 21% in two days as AI rally spreads beyond tech stocks
Ford shares surged 21% in two days after the automaker doubled down on AI-linked energy storage, as investors bet on rising demand from data centers and grid battery systems.
CMS Info Systems approves ₹168 crore buyback, declares dividend; net profit falls
Shares of CMS Info Systems Ltd ended at ₹302.85, up by ₹5.70, or 1.92%, on the BSE.
Buyback Alert: CMS Info Systems Announces Rs 340/Share Offer; Check Record Date
The stocks make up 3% of the total number of equity shares in the total paid-up equity share capital of the company.
IT Stocks Extend Decline For Fourth Straight Session Amid AI, Growth Concerns; Persistent Systems, Coforge Lead Losses
The continued declines in the tech shares has pushed the Nifty IT Index more than 40% below its all-time high reached in December 2024.
ZF Commercial Vehicle Q4 profit rises 16%; board approves 5:1 bonus issue, dividend
ZF Commercial Vehicle Control Systems India Q4 net profit rose 15.5% to ₹146.3 crore, revenue up 14.2%; board okayed ₹4 dividend and 5:1 bonus issue. Shares of ZF Commercial Vehicle Control Systems India Ltd ended 2.11% lower at ₹14,342 on Wednesday, May 13.
NIIT Learning Systems Ltd leads losers in 'A' group
Sky Gold & Diamonds Ltd, Torrent Power Ltd, Cohance Lifesciences Ltd and Kirloskar Brothers Ltd are among the other losers in the BSE's 'A' group today, 13 May 2026.