🇮🇳 India Daybook ~ Stocks in News**

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Positive Buzz

• M&M Financial Services: The company reported a massive 106% YoY jump in net profit to ₹9.40 billion for Q4FY26. Revenue rose 13% YoY, and the board has recommended a dividend of ₹7.5 per share.
• Hindustan Zinc: Reported a robust 68% YoY increase in net profit at ₹50.33 billion, driven by higher production and better silver prices. The company also announced an interim dividend of ₹11 per share.
• Shriram Finance: Posted a strong 41% YoY growth in net profit to ₹30.14 billion for the March quarter, with revenue increasing by 9%.
• Phoenix Mills: The realty major saw its net profit surge 50% YoY to ₹403 crore, supported by a 21% growth in revenue. A final dividend of ₹2.5 per share has been proposed.
• Sun Pharma: Shares of the pharma giant rallied 7% in the previous session and remain in focus today following a strong technical breakout and positive sector sentiment.
• Websol Energy & AGI Greenpac: Both companies reported impressive Q4 performance, with Websol’s profit nearly tripling and AGI Greenpac seeing a 61.5% surge in net profit.

Neutral Developments

• Q4 Earnings Calendar: A massive lineup of results is expected today, including Maruti Suzuki India, Eternal (formerly Zomato), Bandhan Bank, REC Ltd, Dalmia Bharat, and Garden Reach Shipbuilders (GRSE).
• Maruti Suzuki: The board meets today to approve Q4 results and discuss dividend distribution; investors will closely watch volume growth in the SUV segment and export demand.
• GIFT Nifty: Early indicators suggest a muted to slightly negative start for the domestic indices, tracking mixed global cues as investors weigh US-Iran geopolitical negotiations.
• FII/DII Activity: Foreign Institutional Investors (FIIs) remained net sellers of ₹1,151.5 crore on April 27, while Domestic Institutional Investors (DIIs) provided support with a net purchase of ₹4,123.9 crore.

Negative News

• Paytm (One 97 Communications): The stock is under heavy pressure after the RBI cancelled the Paytm Payments Bank license. The board has reportedly approved the closure of the unit, leading to a 7.5% slide in the previous session.
• Banking Sector Laggards: Axis Bank and ICICI Bank were among the top losers in the previous session, reflecting some profit booking and caution ahead of the monthly F&O expiry.
• Trent & Adani Total Gas: Both stocks witnessed selling pressure in yesterday's trade and are expected to remain volatile as the market assesses their high valuation multiples against upcoming earnings.

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

Tags: ** Stocks in News Stock Market Buzzing Stocks Nifty Sensex