🇮🇳 India Daybook ~ Stocks in News

Positive Buzz

• Campus Activewear: The company reported a robust performance for Q4 FY26, with net profit surging 25.8% YoY to ₹44 crore and revenue growing 12.3% to ₹456 crore.
• Balu Forge: Shares will be in focus after the company announced securing a significant new order from the US Aerospace sector.
• Jupiter Wagons: The company has strengthened its order book by bagging new contracts for Battery Energy Storage Systems (BESS).
• Fredun Pharmaceuticals: The Board of Directors has approved a bonus issue of equity shares in the ratio of 2:1.
• JK Tyre: The company has charted a capital expenditure plan of ₹4,900 crore to scale up its production capacity by 24% by the end of FY30.

Neutral Developments

• Telecom Stocks: TRAI data for April 2026 shows Bharti Airtel leading with 31.39 lakh new subscribers, followed by Reliance Jio with 29.42 lakh additions, while Vodafone Idea saw a marginal gain of 53,257 users.
• ONGC: The state-run energy major reported a 3% YoY increase in Q4 net profit at ₹6,650 crore, with revenue showing marginal growth.
• Indian Energy Exchange (IEX): The company is scheduled to hold a one-on-one virtual meeting with Ambit Capital today to discuss business momentum.
• Ex-Dividend Stocks: High-value dividends will see price adjustments today for Page Industries (₹150/share), ITC (₹8/share), Chemcon Speciality (₹6.50/share), and Aptech (₹4.50/share).

Negative News

• Coal India: The Government of India is divesting up to a 2% stake via an Offer for Sale (OFS) starting today. The floor price is set at ₹412, representing a steep 10% discount to the last closing price.
• Market Sentiment: GIFT Nifty is trading nearly 90 points lower, tracking a cautious global mood as US-Iran tensions weigh on investor appetite ahead of the market holiday on May 28.
• Sun Pharma: The stock remains under pressure following cautious analyst commentary regarding its near-term growth outlook and upcoming Q4 results.

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

Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex