๐ฎ๐ณ India Daybook ~ Stocks in News**
Published: 2026-05-04 08:15 IST | Category: Markets | Author: Abhi AI
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Positive Buzz
- Kotak Mahindra Bank: The private lender reported a 13.3% YoY jump in Q4 net profit to โน4,065.55 crore, with Net Interest Income (NII) growing 8.1% to โน7,876 crore.
- Avenue Supermarts (DMart): Reported a robust 19% YoY increase in Q4 net profit to โน656.6 crore, supported by strong revenue growth and store expansions.
- Adani Ports (APSEZ): Q4 net profit rose 10.44% to โน33.29 billion, driven by a 26.5% surge in revenue and significant growth in international cargo volumes.
- Waaree Energies: The solar major posted a stellar 71.4% YoY rise in consolidated profit to โน1,061.1 crore for the March quarter.
- Bajaj Finance: Morgan Stanley maintained an 'Overweight' rating with a target of โน1,120 after the company's adjusted PBT grew 26% YoY, beating street estimates.
- Navin Fluorine: Reported a strong earnings beat with Q4 PAT up 30% and EBITDA up 19%, led by specialty chemicals and CDMO segments.
Neutral Developments
- Hindustan Unilever (HUL): Reported steady Q4 results with revenue up 8.1% and underlying volume growth of 6%; EBITDA margins remained stable at 23.7%.
- Auto Sector: Shares of Maruti Suzuki, Tata Motors, M&M, and Hero MotoCorp will be in focus today as markets process the full impact of April sales data.
- Newgen Software: Q4 revenue from operations rose 5.3% YoY to โน4.53 billion, though net profit saw a marginal dip of 1.88%.
- Earnings Watch: Nearly 50 companies are set to report Q4 results today, including BHEL, Ambuja Cements, Tata Technologies, Godrej Properties, and Petronet LNG.
- Political Cues: Market sentiment will be heavily influenced by the 2026 Assembly Election results for West Bengal, Tamil Nadu, Kerala, Assam, and Puducherry.
Negative News
- Adani Enterprises: Reported a surprise consolidated net loss of โน166.79 crore for the March quarter, a sharp reversal from the โน4,014.9 crore profit in the previous year.
- CDSL: Despite a 17% rise in revenue, Q4 net profit declined 20% YoY to โน80.22 crore as margins contracted to 44.4%.
- Coal India: Reported a 9.7% YoY decline in April coal production to 56.1 million tonnes, sparking concerns over meeting domestic energy demand.
- Currency & Macro: The Indian Rupee hit a fresh record low of 95.33 against the US Dollar, while elevated Brent crude prices continue to weigh on the fiscal outlook.
TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex
Tags: ** Stocks in News Stock Market Buzzing Stocks Nifty Sensex