🇮🇳 India Daybook: LTIMindtree Profit Surges 23%, Coal India & UltraTech Results in Focus

📍 EARNINGS TODAY

• Coal India: The state-run miner is scheduled to announce its Q4 FY26 results today; investors will monitor production growth and e-auction realization trends.
• UltraTech Cement: The board will meet to approve audited financial results and is expected to recommend a final dividend for the fiscal year.
• Adani Total Gas: Set to report its quarterly earnings along with a potential dividend declaration.
• AU Small Finance Bank: Asset quality and Net Interest Margin (NIM) guidance will be the key focus areas in today's earnings report.
• Varun Beverages: Expected to report strong volume growth driven by early summer demand across its beverage portfolio.
• Other Notable Results: SBI Cards, Nippon Life India Asset Management, Rallis India, and Punjab & Sind Bank are also slated to report today.

📍 EARNINGS REACTION

• LTIMindtree: The IT major reported a 23% YoY increase in net profit to ₹13.9 billion for Q4 FY26, with a significant 40% sequential growth in profits.
• DCB Bank: Reported a 16.1% YoY rise in net profit to ₹206 crore for the March quarter; Net Interest Income (NII) grew 17% to ₹655 crore.
• Indian Energy Exchange (IEX): Reported record electricity volumes of 141.1 BU for FY26, marking a 17% YoY increase.

📍 ACQUISITION

• IKS Health: The company has announced the acquisition of TruBridge to expand its footprint in the healthcare technology and financial services sector.

📍 CORPORATE ACTION

• Indian Energy Exchange (IEX): The board has recommended a final dividend of ₹2 per share for the financial year 2025-26, subject to shareholder approval.
• Fusion Micro Finance: Received exchange approval to convert 3.1 lakh partly-paid shares into fully paid-up shares, which will commence trading today.

📍 STOCKS TO WATCH

• IDBI Bank: The lender clarified that the ongoing strategic disinvestment process is managed by DIPAM and remains confidential; no fresh updates have been received by the bank.
• SBI & Grasim: These stocks are in focus following technical recommendations as they show improving price structures near key support zones.
• Reliance Industries: Shares will be in focus following post-market developments on Friday regarding its quarterly outlook and energy segment updates.

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

Tags: India Daybook Stocks in News Corporate News Stock Market Company News