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Stocks to Watch for May 14: Tata Motors, Bharti Airtel, Oil India, Kaynes Tech, Bharti Hexacom and more
From Bharti Airtel reporting a steady March quarter performance to Crompton Greaves Consumer Electricals reporting a consolidated net loss of ₹533.9 crore for the fourth quarter of FY26, here are some stocks to track ahead of Thursday's trading session.
Kaynes Technology Q4 Results: Profit falls 22% YoY to Rs 91 crore; revenue jumps 26%
Kaynes Technology posted robust quarterly revenue growth driven by strong electronics manufacturing demand and expanding execution across sectors. However, higher material, employee and finance costs weighed on profitability. The company continued benefiting from localisation trends, government incentives and rising outsourcing demand across industries.
Stocks in news: Tata Steel, Kaynes Tech, GAIL, Somany Ceramics, TVS Motor
Indian markets continued their downward trend on Thursday. Several companies saw significant news. BofA Securities invested in Kaynes Technologies. GAIL assured uninterrupted gas supply to Bengaluru. South Indian Bank launched EPF payment services. DCM Shriram approved renewable energy investment. TVS Motor launched a new electric scooter. Tata Steel moved court over a GST demand.
Explained: How Dixon, Kaynes Tech, others may benefit from latest FDI policy changes
India has eased investment rules for countries sharing a land border, allowing up to 10% foreign ownership in firms via the automatic route. Approvals for specific sectors like electronics components will now be fast-tracked to 60 days, aiming to boost domestic manufacturing and attract capital.
Dixon, Amber, Kaynes gain up to 5% as Centre extends customs duty relief for electronics manufacturing
In a notification, the Central Board of Indirect Taxes and Customs (CBIC) substantially expanded the list of machinery eligible for concessional customs duty for lithium-ion battery manufacturing
LG Electronics India, Dixon, Nykaa, CarTrade among Nomura's top picks for Q1; margin pressure may persist
The brokerage said it prefers LG Electronics India, Dixon Technologies, CarTrade and Nykaa, while maintaining a 'Neutral' rating on Voltas and Kaynes Technology