News
Stay up to date with the latest breaking news, analysis and commentary on Mirae Asset Sharekhan. Find live updates, exchanges, stock news, earning news and more.
NMDC Ltd
NMDC: NMDC’s produced 5.35 MT, up by 51% YoY of iron ore in the month of March 2026. Meanwhile sales volume witnesses a growth of 40% YoY to 5.90 MT during the same period, with sales volume for FY26 reaching ~50 MT, up 13% YoY. Its becoming the first company in India’s mining history to surpass the 50 MT annual production mark. Positive
NMDC (₹ 78.08 -0.12% )
2 Apr 2026, 9:59AMV-Mart Retail Ltd
V-Mart Retail - Good Q4FY26 Business Update: Revenue grew by 24% y-o-y to Rs. 971 crore, with SSSG at 12% overall (V-Mart at 12% and Unlimited at 9%). During the quarter, the company opened 29 stores and closed 6, taking the total operating portfolio to 577 stores as of 31 March 2026.
V-Mart Retail (₹ 544.9 12.77% )
2 Apr 2026, 9:57AMV2 Retail Ltd
V2 Retail - Strong Q4FY26 update: Revenue grew by 59% y-o-y to Rs. 798 crore, on a high base of 68% growth in Q4FY25. SSSG came in at 7.74%. Monthly Sales Per Square Feet (PSF) reached Rs. 794. The company opened 33 new stores and closed 2 stores (net 31 openings) during the quarter, taking the network to 325 stores spread across ~35 lakh square feet.
V2 Retail (₹ 191.71 1.21% )
2 Apr 2026, 9:41AMBansal Wire Industries Ltd
Bansal Wire Industries Q4 (YoY): Total sales volume soars 20.26% to 1.17 lakh MT Vs 97,821 MT
Bansal Wire Ind (₹ 252.17 7.4% )
2 Apr 2026, 9:39AMTamilnad Mercantile Bank Ltd
Tamilnad Mercantile Bank Q4 (YoY): Total business grows 17.37% to Rs 1.15 lakh crore Vs Rs 98,055 crore. Advances surge 20.32% to Rs 53,380 crore Vs Rs 44,366 crore. Total deposits jump 14.94% to Rs 61,712 crore Vs Rs 53,689 crore. CASA zooms 22.35% to Rs 17,365 crore Vs Rs 14,193 crore
Tamilnad Mercantile (₹ 623.65 2.81% )
2 Apr 2026, 9:11AMIndian Bank
Indian Bank: The state-run lender's total business rose 13.1% YoY to Rs 14.98 lakh crore in January-March 2025 period. The gross advances increased 13.6% YoY to Rs 6.68 lakh crore, while total deposits jumped 12.6 % YoY to Rs 8.30 lakh crore for the quarter. CASA ratio dropped to 39.86%.
Indian Bank (₹ 869.4 -2.09% )
2 Apr 2026, 9:10AMTVS Motor Company Ltd
TVS Motor Company (March YoY): Total sales soar 25% to 5.19 lakh units Vs 4.14 lakh units. Two-wheeler sales grow 25% to 4.98 lakh units Vs 4 lakh units. Electric vehicle sales increase 44% to 38,877 units Vs 26,935 units. Exports zoom 25% to 1.41 lakh units Vs 1.13 lakh units. Three-wheeler sales zoom 46% to 21,224 units Vs 14,567 units. Positive
TVS Motor Co (₹ 3391.4 -1% )
2 Apr 2026, 9:09AMGlenmark Pharmaceuticals Ltd
Glenmark Pharmaceuticals: The pharma major announced a strategic shift to directly manage the commercialization and distribution of its nasal spray Ryaltris in the United States, taking a step towards strengthening its innovative portfolio and on-ground presence.
Glenmark Pharma (₹ 2091.8 -0.44% )
2 Apr 2026, 9:08AMKarur Vysya Bank Ltd
Karur Vysya Bank business updates : Provisional Numbers Q4FY26 - CASA Up 11.82% & Down 0.25% QoQ at Rs. 31,122 Cr. Total Business up 14.92% y-o-y and 1.31% q-o-q At Rs. 2.14 Lk Cr. Advances Up 16.87% y-o-y & up 1.74% q-o-q at Rs. 98,743 Cr. Total Deposits up 13.31% y-o-y and up 0.93% q-o-q At Rs. 1.02 Lk Cr.
Karur Vysya Bank (₹ 272.65 -6.58% )
1 Apr 2026, 3:10PMSammaan Capital Ltd
Samman Capital : IHC, through its affiliate Avenir Investment RSC, will become the promoter of Sammaan Capital by acquiring a 41.5 percent stake via a preferential allotment of equity shares and warrants. The company has received an initial tranche of Rs 5,652 crore towards the allotment, with an additional Rs 3,198 crore to be received within 18 months upon conversion of the warrants into fully paid equity shares.
Sammaan Capital (₹ 146.95 0.2% )
1 Apr 2026, 9:55AMManappuram Finance Ltd.
Manappuram Finance: The board has approved the borrowing programme for FY27, including the issuance of redeemable non-convertible debentures up to Rs 7,400 crore via private placement and/or public issue. The board also approved an additional investment of Rs 790.6 crore in equity shares of its subsidiary Asirvad Micro Finance and Rs 150 crore in Manappuram Home Finance.
Manappuram Finance (₹ 255.8 0.16% )
1 Apr 2026, 9:54AMHDFC Bank
HDFC Bank: Ex-chairman Atanu Chakraborty stated that mis-selling of AT-1 bonds and HDFC Bank’s underperformance were reasons behind his resignation.
HDFC Bank (₹ 750.9 1.17% )
1 Apr 2026, 9:53AMVedanta
Vedanta: The company has delayed the timeframe for completing its demerger plan from March 31, 2026, to June 30, 2026, due to a number of unfulfilled requirements, such as permissions from various regulatory bodies.
Vedanta (₹ 687.65 1.54% )
1 Apr 2026, 9:53AMHindustan Copper Ltd
The Hindustan Copper: With the increasing demand for copper in electric vehicles and renewable energy, Hindustan Copper is raising its capacity expansion efforts. The company will construct a capital expenditure of ~₹470 crore (plus GST) for setting up a 3.0 MTPA copper concentrate plant in Madhya Pradesh. The contract for the new plant has been awarded to Ardee Engineering for the facility setup at the Malanjkhand Copper Project. The project cost stands at Rs 469.55 crore (excluding GST) and is expected to be finished within 27 months. Positive
Hind Copper (₹ 495.15 -0.17% )
1 Apr 2026, 9:51AMIntellect Design Arena Ltd
Intellect Design Arena: The company has announced that one of India’s Leading E-commerce Giants, serving a registered user base of more than 500 million, has selected Purple Fabric Accounts Payable to transform financial operations and streamline workflows across its extensive network of sellers and partners.
Intellect Design (₹ 657.9 3.46% )
1 Apr 2026, 9:50AMInfosys
Infosys: The company has received several tax assessment orders from the Indian Income-tax Department covering various years between 2013 and 2021. Based on these orders, the company expects to receive a total refund of Rs 1,745 crore, which includes interest. Management is currently analyzing how these refunds will impact the company's financial results for the quarter and full year ending March 31, 2026.
Infosys (₹ 1300.8 1.97% )
1 Apr 2026, 9:37AMInterGlobe Aviation Ltd
Indigo: Announced former British Airways chief William Walsh as its CEO. The announcement comes less than three weeks after the sudden exit of IndiGo CEO Pieter Elbers. Walsh, popularly known as Willie and an airline industry veteran, is currently the Director General of the International Air Transport Association (IATA). He has great experience in managing large scale airline operations and navigating complex market dynamics make him ideally suited to strengthen and lead IndiGo for continued growth in an ever evolving and competitive international aviation environment.
InterGlobe Aviation (₹ 4193.5 0.3% )
1 Apr 2026, 9:30AMJubilant Foodworks Ltd
Jubilant Foodworks: The company has renewed the exclusive franchise rights to develop and operate Domino’s Pizza stores in India for a term of 15 years, with an option for further renewal for an additional period of 10 years. Separately, the company’s existing exclusive franchise rights to develop and operate Domino's Pizza stores in Sri Lanka and Bangladesh have also been renewed.
Jubilant Foodworks (₹ 446.55 0.64% )
1 Apr 2026, 9:28AMVoltas, Blue star and Amber
: IMD’s seasonal outlook had warned of more heatwave days than usual between March and May 2026 because of overall warmer trends. But these active western disturbances have changed the short-term picture. heatwave conditions are likely to develop later in the season, particularly after mid-April, as weather systems weaken and temperatures begin to rise. Positive read through for Blue star, Voltas and Amber enterprises.
Blue Star (₹ 1528.3 -1.8% )
1 Apr 2026, 9:15AMBharat Heavy Electricals Ltd
BHEL: Officially confirmed receiving a five-year extension to procure 21 specific items from countries that share land borders with India. This extension provides BHEL with enhanced operational flexibility in its procurement processes while ensuring compliance with government regulations regarding imports from neighboring countries. The approval demonstrates the government's recognition of BHEL's operational requirements in the power generation and transmission equipment sector.
Bharat Heavy (₹ 248.11 -1.48% )
1 Apr 2026, 9:00AMLupin
Lupin: The company has received a tentative approval from the US FDA for its Sugammadex Injection, which is used to reverse neuromuscular blockade.
Lupin (₹ 2274.5 -0.02% )
1 Apr 2026, 8:54AMAngel, Groww, Nuvama
The Reserve Bank of India has deferred the implementation of new capital market rules to July 1, 2026, giving brokers a breather. Until then, brokers can continue using bank guarantees backed by 50% margin. This also means a three-month relief for those who use the margin trading facility. The MTF traders were looking at potentially higher costs from April because increased broker overheads from capital requirements may lead to higher brokerage fees or increased margin requirements for the end-trader. Short term positive for brokerages.
Billionbrains Garage (₹ 164.82 2.02% )
1 Apr 2026, 8:53AMBharti Airtel Ltd
Bharti Airtel: The company has announced a US$ 1 billion investment round for its data center subsidiary, Nxtra Data Limited, to accelerate its infrastructure expansion across India. The funding is led by Alpha Wave Global ($435 million), Carlyle ($240 million), and Anchorage Capital ($35 million), with Airtel contributing the remaining balance to maintain its controlling stake. Nxtra, which distinguishes itself as the first Indian data center firm to use AI for predictive maintenance and energy efficiency, intends to use the capital to scale its network to meet rising demand from enterprises, government bodies, and hyperscalers. This growth strategy aligns with broader market trends, as India’s data center capacity is projected to grow at a 21% CAGR through 2030, eventually reaching nearly 3,400 MW. The transaction remains subject to final regulatory approvals and post-closing adjustments
Bharti Airtel (₹ 1789.7 0.44% )
1 Apr 2026, 8:53AMGarden Reach Shipbuilders & Engineers Ltd
Garden Reach Shipbuilders & Engineers Ltd: Reported its largest-ever annual turnover of Rs 6,400 crore (provisional and unaudited) in FY26, up from Rs 5,076 crore in FY25. The company also declared an interim dividend of 129%, compared with 89.5% last year. delivered a total of eight vessels to the Indian Navy, including two Project 17A frigates, two Survey Vessel Large ships, and four Anti-Submarine Warfare Shallow Water Crafts. On one day, the shipyard delivered three warships Dunagiri, Sanshodhak, and Agray simultaneously. It is also in the advanced stages of building five Next Generation Corvettes. Positive for GRSE.
Garden Reach Ship (₹ 2255.3 -4.41% )
1 Apr 2026, 8:50AMPace Digitek Ltd
Pace Digitek Ltd. Infrastructure solutions: The company has received a letter of acceptance worth Rs 494.54 crore, excluding taxes, from NTPC Ltd. for a battery energy storage project.
Pace Digitek (₹ 154.62 0.65% )
1 Apr 2026, 8:48AMEnviro Infra Engineers Ltd
Enviro Infra Engineers: Received Letter of Awards from NTPC Limited for Rs 664.33 crore BESS projects at thermal power stations in Karnataka and Telangana. The contract includes 18-month EPC execution followed by 11-year annual maintenance.
Enviro Infra Enginee (₹ 168.12 2.78% )
30 Mar 2026, 10:24AMJSW Steel
JSW steel: The steel producer company said its arm will acquire the steel business undertaking of BPSL through a slump sale on a going-concern basis. The company also said it has formed a joint venture with Japan-based JFE Steel for the BPSL steel business undertaking.
JSW Steel (₹ 1141.3 0.08% )
30 Mar 2026, 10:22AMInfo Edge (India) Ltd
Info Edge approved multiple strategic transactions. It will invest up to ₹250 crore in A88 Fund I (a Category II AIF) to support early-stage deep tech investments in India, aligned with its long-term value creation strategy. It will transfer its entire 26.14% stake in Shopkirana to TIPL for ~USD 33 million, receiving TIPL shares (~2.02%) as consideration. Additionally, it will invest ~USD 1.72 million in TIPL via preference shares, taking total shareholding to ~2.13%. Overall, these transactions aim to streamline holdings and enhance long-term investment returns.
Info Edge (India) (₹ 993.8 0.87% )
30 Mar 2026, 10:20AMCeigall India Ltd
Ceigall India: The company has received a ₹603 crore NHAI contract for a 6-lane spur road project (10.3 km) in Punjab under HAM, with 18 months construction and 15-year O&M.
Ceigall India (₹ 276.15 -0.63% )
30 Mar 2026, 10:20AMOberoi Realty Ltd
Oberoi Realty: The company has entered into a redevelopment agreement for ~4,800 sq. m. land at Peddar Road, Mumbai, with an estimated free-sale component of up to 1.4 lakh sq. ft. (RERA carpet area).
Oberoi Realty (₹ 1506.9 2.2% )
30 Mar 2026, 10:19AMG R Infraprojects Ltd
GR Infra Projects: The company has emerged as L1 bidder for a ₹1,453.6 crore NHAI highway project in Gujarat (60.2 km, HAM, 910 days execution). Additionally, it has secured a ₹413.4 crore EPC order from NTPC for a Battery Energy Storage System (BESS) project.
G R Infraprojects (₹ 844.25 0.66% )
30 Mar 2026, 10:18AMAvenue Supermarts Ltd
Avenue Supermarts: The company has opened 3 (three) new stores at Pipla, Nagpur (Maharashtra), AU Family Hub, Ghaziabad (Uttar Pradesh) and Vijay Nagar, Jabalpur (Madhya Pradesh). The total number of stores as on date stands at 481.
Avenue Supermarts (₹ 4362.4 2.14% )
30 Mar 2026, 10:17AMHindalco Industries Ltd
Hindalco: Iranian missile and drone strikes on March 28, 2026, caused significant damage to Emirates Global Aluminium’s (EGA) Al Taweelah smelter in the UAE and Aluminium Bahrain’s (Alba) major facility, injuring several workers (none life-threatening). These attacks have worsened existing supply disruptions in the Gulf region from the broader conflict, including prior production cuts and shipping issues. With the region accounting for a notable share of global non-Chinese aluminium output, the incidents are expected to tighten supplies further and support higher aluminium prices. This positions Hindalco Industries positively, as the company largely unaffected in its core primary aluminium operations eyes increased exports to markets like Japan, Korea, and Taiwan amid the supply crunch. Positive
Hindalco Industries (₹ 916.25 1.29% )
30 Mar 2026, 10:01AMCoal India Ltd
Coal India: Company forms 50:50 JV ‘DVC CIL Power Pvt Ltd’ with Damodar valley corporation for power generation & energy projects; initial equity Rs 3,132.96 crore approved. Positive
Coal India (₹ 449.35 -0.01% )
30 Mar 2026, 9:36AMSyngene International Ltd
Syngene International: The company has named Siddharth Mittal as Managing Director and Chief Executive Officer from July 2026 as Peter Bains exits and Kiran Mazumdar Shaw becomes Executive Chairperson. Negative
Syngene Intl (₹ 391.1 -1.34% )
30 Mar 2026, 9:35AMJubilant Foodworks
Jubilant Foodworks: The company has informed that due to the ongoing geopolitical situation in the Middle East, there are supply constraints on the distribution of commercial LPG across the country. Consequently, the supply of LPG cylinders to certain parts of the company’s store network has been constrained. Operational impact at this stage is limited and being actively managed. The company is taking several steps to conserve LPG and working overtime to move to alternate energy sources like electricity and PNG. Sentimentally negative
Jubilant Foodworks (₹ 446.55 0.64% )
30 Mar 2026, 9:13AMSula Vineyards
Sula Vineyards: The company has announced that it has signed a definitive agreement with Moet Hennessy India Private Limited to acquire Chandon’s world-class estate in Dindori, Nashik, unlocking a high-quality, scalable platform for the company’s next phase of growth. Spread across 19 acres, the estate comprises a highly advanced wine production facility with an annual capacity of 4.5 lakh litres, scalable up to 13 lakh litres. The property also features an ultra-premium visitor centre, a banquet facility, and 5 acres of vineyards, offering a premium immersive wine tourism platform. Collectively, these features make it a perfect setting for developing a landmark destination wine resort.
Sula Vineyards (₹ 156.49 0.71% )
27 Mar 2026, 11:43AMTrent
Trent: The company has approved the private placement of Non-Convertible Debentures (NCDs) worth up to Rs. 500 crore.
Trent (₹ 3550.6 0.68% )
27 Mar 2026, 11:42AMAurobindo Pharma
Aurobindo Pharma: The company’s subsidiary, CuraTeQ Biologics, has entered into a marketing and distribution agreement with STADA Arzneimittel AG, a leading European healthcare and pharmaceuticals company. Under the agreement, STADA will market and distribute two EMA-approved biosimilars developed by CuraTeQ in select European Union territories, including France and Germany.
Aurobindo Pharma (₹ 1333.7 -0.63% )
27 Mar 2026, 11:41AMManaksia Steels Ltd
Manaksia Steels: Company proposes 250,000 tonnes per annum capacity addition for cold rolled coils at Haldia.
Manaksia Steels (₹ 49.9 2.15% )
27 Mar 2026, 11:41AMJSW Steel
JSW Steel: Company acquires 92.19% quity stake and the shareholders loans of Minas De Revuboe for $74.24 mn
JSW Steel (₹ 1141.3 0.08% )
27 Mar 2026, 11:32AMStock Update: APL Apollo Tubes Ltd
Stock Update: APL Apollo Tubes Ltd– Sector tailwinds to drive growth.
APL Apollo Tubes (₹ 1899.2 -1.84% )
27 Mar 2026, 11:28AMGraphite India, HEG
Graftech, an US based leading company announced it has informed that graphite electrode prices will increase by a minimum of $600 to $1,200 per metric ton, depending on region, effective immediately on uncommitted volume. Over the past three years, market prices for graphite electrodes have declined significantly in each of our key regions and remain below sustainable levels necessary to support continued investment and reliable long-term supply for our customers. In addition, current geopolitical developments are driving increases in our key input costs, including oil based raw materials, energy, and logistics. Positive
HEG (₹ 550 -2.51% )
27 Mar 2026, 11:21AMLupin Ltd
Lupin: The company has received tentative approval from the United States Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application for Pitolisant Tablets, 4.45 mg and 17.8 mg. This product would be manufactured at Lupin’s Nagpur facility in India.
Lupin (₹ 2274.5 -0.02% )
27 Mar 2026, 11:19AMLife Insurance Corporation Ltd
LIC: The company receives a tax demand of Rs. 7,100 crore, including interest, from the Income Tax Department. Negative.
LIC (₹ 734.85 -1.49% )
27 Mar 2026, 11:18AMHFCL
HFCL: The company approves a preferential issue of warrants worth up to Rs. 555 crore & will set up a preform manufacturing facility through its arm, HFCL Technologies, with an estimated investment of nearly Rs. 580 crore. The company approves expansion and consolidation of its defence and aeronautics operations and plans to invest Rs. 175 crore with partners in its arm, HFCL Advance.
HFCL (₹ 71.72 -1.03% )
27 Mar 2026, 10:05AMPower Mech Projects
Power Mech Projects: The company states that WBSEDCL has annulled the tender for a 250 MW Battery Energy Storage System (BESS) project at Goaltore, resulting in a reduction of the order book by Rs. 1,563 crore. Negative
Power Mech Projects (₹ 1893.4 0.94% )
27 Mar 2026, 10:01AMInfosys Ltd
Infosys Limited: The company has approved the acquisition of Optimum Healthcare IT for up to USD 465 million to strengthen its healthcare vertical and accelerate AI-led cloud and digital transformation capabilities. The acquisition enhances Infosys’ presence in the healthcare provider segment by adding domain expertise, clients, and synergies with its platforms like Topaz and Cobalt. Based on FY25 revenue of USD 275.9 million, the implied P/S multiple is ~1.7x (465 / 275.9). However, P/E cannot be calculated as profit data is not disclosed in the filing. The deal is strategically useful as it deepens Infosys’ healthcare consulting capabilities, improves cross-selling opportunities, and strengthens its positioning in high-growth AI-driven healthcare transformation.
Infosys (₹ 1300.8 1.97% )
27 Mar 2026, 9:59AMBrigade Enterprises Ltd
Brigade: The company has launched two residential projects in Bengaluru—‘Brigade Lumina’ in Northwest Bengaluru (₹700 crore GDV, 4.11 acres, 2 & 3 BHK units) and ‘Brigade Belvedere’ in East Bengaluru (₹1,100 crore GDV, 10.75 acres, 773 units in initial phase). Both projects offer strong connectivity to key corridors and are positioned as net-zero carbon developments, reflecting the company’s focus on sustainability and premium housing.
Brigade Enterprises (₹ 687.55 2.22% )
27 Mar 2026, 9:58AMTWEETS BY @Sharekhan