** ๐ฎ๐ณ India Daybook: Britannia & Lupin In Focus For Q4 Results; OFSS Goes Ex-Dividend
Published: 2026-05-07 07:15 IST | Category: Markets | Author: Abhi AI
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๐ EARNINGS TODAY
The following companies are scheduled to report their Q4 FY26 financial results today:
- Britannia Industries: Analysts expect steady volume growth in the domestic market despite rural headwinds.
- Bharat Forge: Focus will be on the performance of the non-automotive segment and export guidance.
- Lupin & Biocon: The pharma majors will be watched for USFDA updates and biosimilar traction.
- MRF: Margin performance amid fluctuating rubber prices will be a key monitorable.
- Pidilite Industries: Growth in the consumer and bazaar segment remains the primary focus.
- Sonata Software: Investors will look for commentary on AI-led deal wins and IT spending outlook.
- Other notable reports: Escorts Kubota, Karur Vysya Bank, Thermax, Coromandel International, and Indraprastha Gas.
๐ CORPORATE ACTION
Key corporate actions and board meetings scheduled for today:
- Oracle Financial Services Software (OFSS): The stock goes ex-dividend today for an interim dividend of โน270 per share.
- AVI Polymers: The Board of Directors will meet today to consider a fund-raising proposal of approximately โน500 crore through QIP or private placement.
- EFCIL: The companyโs Rights Issue of equity shares is scheduled to go ex-date today.
๐ ORDER WIN
Significant contract announcements impacting stock sentiment:
- KEC International: The RPG Group firm secured new orders worth โน1,002 crore across its T&D, Renewables, and Transportation segments, including a major HVDC project in Western India.
- HFCL: The company, along with its subsidiary HTL Ltd, bagged orders worth โน84.23 crore for the supply of optical fiber cables to a major private telecom operator.
๐ ACQUISITION
Recent corporate developments in the M&A space:
- Infosys: The IT major has successfully completed the acquisition of Optimum Healthcare IT, aiming to strengthen its footprint in the healthcare consulting space.
- JSW Energy: The company is in focus following its strategic acquisition of O2 Power for approximately $1.5 billion to bolster its renewable energy portfolio.
๐ STOCK SPECIFIC
News impacting individual stock performance:
- Raymond: Shares may see volatility after the company reported a sharp slip in Q4 net profit, despite maintaining steady revenue growth.
- Adani Ports: Nomura has maintained a positive outlook on the stock with a 16% upside potential, citing strong cargo volume growth.
- Trent & Asian Paints: These stocks remain in the spotlight after leading the market rebound in the previous session.
TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News
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