🇮🇳 India Daybook ~ Stocks in News

Positive Buzz

• Oberoi Realty: The company reported a stellar performance for Q4 FY26, with gross booking value surging 96% YoY to ₹1,673 crore. Carpet area booked also saw a massive jump to 3.6 lakh sq. ft. compared to 1.4 lakh sq. ft. in the previous year.
• HG Infra Engineering: Shares are in focus after the company secured a significant railway order for the Mirzapur project, strengthening its infrastructure order book.
• PNB Housing Finance: The lender reported a strong Q4 performance with consolidated net profit rising 19.2% YoY to ₹656 crore, driven by a 6.6% growth in total income.
• E2E Networks: The company witnessed a sharp turnaround in Q4, reporting a net profit of ₹6.4 crore against a loss in the previous quarter. Revenue grew 36.6% QoQ to ₹95.6 crore with EBITDA margins expanding to 60.7%.
• Oil India: Its subsidiary, Oil Green Energy, has signed an MoU with Numaligarh Refinery for the procurement and supply of renewable energy, marking a step forward in its green energy transition.
• UltraTech Cement: The cement major has achieved a significant milestone, hitting a total capacity of 200 million tonnes (MT), though investors remain watchful of cost pressures on margins.
• JSW Steel: The company is trending following news of a joint venture with South Korean giant POSCO for a new integrated steel plant, aimed at catering to the growing domestic demand.
• Indosolar: Reported a 28.2% YoY rise in EBITDA for Q4, with margins expanding significantly to 77.4%, despite a drop in headline revenue.

Neutral Developments

• Earnings Today: A high-volume earnings day is expected with HCL Technologies, Nestle India, Tata Elxsi, Persistent Systems, 360 ONE WAM, and Cyient DLM scheduled to announce their Q4 results.
• Salzer Electronics: The Board has approved the re-appointment of R. Doraiswamy as Managing Director for a further three-year term.
• Kirloskar Ferrous: The company has received trading approval from the NSE, with trading effective from the current week.
• Market Outlook: Gift Nifty signals a positive start (trading at a premium of ~75 points), though technical analysts suggest immediate resistance for the Nifty 50 at the 24,500 level.

Negative News

• Hathway Cable: The company reported a weak set of Q4 numbers, with consolidated net profit declining 11.33% YoY to ₹0.11 billion, weighed down by an 18.4% surge in channel costs.
• SML Isuzu (SML Mahindra): While revenue grew by 16.4%, the company saw its EBITDA margins contract by 166 bps to 10.06% in Q4 due to rising operational expenses.
• Geopolitical Tensions: Continued friction between the US and Iran near the Strait of Hormuz remains a primary concern for energy-sensitive sectors, keeping the India VIX elevated.

TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex

Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex