Market News
Stay updated with the latest market trends, earnings, and economic indicators.
RCF shares jump 7% as Q4 profit soars 158% YoY to Rs 187 crore
Rashtriya Chemicals & Fertilizers shares rose sharply on Friday after the company's Q4FY26 results showed a 158% YoY surge in net profit to Rs 187 crore and a 49.6% rise in revenue. FY26 profit and revenue also grew strongly, while the company announced a Rs 1.34/share dividend, boosting investor sentiment despite muted long-term stock performance.
Aditya Birla Group bets big on IPL boom, says media rights frenzy is far from over
Aditya Birla Group sees strong future growth for Indian sports. The group believes IPL media rights will keep increasing in value. This is despite current worries about fewer bidders. India's economy and sports viewership are rising. Premium sports assets are also scarce. This supports future valuations. The group recently bought Royal Challengers Bengaluru. They are optimistic about the long-term trend.
Vikran Engineering acquires 51% stake in NOPL Solar Projects
The acquisition is in line with the Company's strategy to expand its presence in the renewable energy sector. It will enable business diversification and support long-term growth through participation in solar energy projects.
Multibagger small-cap stock hits 5% upper circuit after Q4 results; rallies 700% in 5 years
Tirupati Forge's stock surged 5% to ₹43.2 after mixed Q4FY26 results, with revenue at ₹43.03 crore and PAT declining to ₹1.52 crore. However, YoY growth showed a 52% revenue increase. Investments in a new defense facility and solar unit aim for long-term growth.
Motilal Oswal sector of the week: Power; Acme Solar, JSW Energy top bets
While valuations across several utilities have rerated sharply and now trade above historical averages, the sector's structural growth drivers continue to support a favourable long-term outlook
Stocks to buy in 2026 for long term: Solar Industries, Tata Motors among 5 stocks that could give 10-20% return
We have collated a list of recommendations from top brokerage firms from ETNow and other sources.
MSME auto suppliers seek relief from carmakers as rising labour and input costs hurt
Small auto component suppliers are facing severe financial strain. They are urging major car makers to help manage rising wages, energy, and raw material costs. Suppliers also seek long-term partnerships over transactional deals. Industry bodies are pushing for faster price revisions and payments. This situation threatens the survival of many small businesses vital to India's auto sector.
India must push solar, grid reforms to navigate oil price rise: Ex-NITI Aayog member Arvind Virmani
suggested navigating this crisis by adopting a two-pronged strategy by implementing a gradual pass-through of rising oil and gas prices in the immediate term, while aggressively accelerating long-term structural reforms across its solar, storage, and distribution networks.
See long-term opportunity in auto parts, aerospace and chemicals: AB Sun Life AMC’s Harish Krishnan
Harish Krishnan of Aditya Birla Sun Life AMC said the rupee’s sharp fall may be nearing its final phase as the government and RBI step up stabilisation measures. He highlighted engineering exports, chemicals, aerospace and IT services as long-term investment themes, while cautioning that margin pressure from rising input costs could continue over the next two quarters.
Market Trading Guide: Buy Zydus Lifesciences, Solar Industries on Friday for gains up to 15%
Nifty 50 closed higher for a second straight session, driven by banking, metal and pharma stocks despite IT weakness. Analysts see 23,800 as a crucial resistance level, while recommending Zydus Lifesciences and Solar Industries India for near-term gains on strong technical indicators and bullish momentum.
Foreign remittances to Kerala stay resilient despite West Asia crisis
Money from non-resident Indians to Kerala remains strong. Banks like Federal Bank and South Indian Bank show growth in deposits. This inflow is vital for Kerala's economy. A weaker rupee also boosts remittances. Experts believe inflows will continue unless job losses in the Middle East occur. A prolonged conflict could pose a long-term risk.
Ruchit Jain of Motilal Oswal suggests Granules India, Nippon Life, and SRF shares to buy for the short term
The Nifty 50 and Sensex increased on May 6, supported by a government credit guarantee scheme for businesses. Investor sentiment improved due to positive earnings reports and falling oil prices, suggesting resilience in markets despite recent challenges.