Sensex today | Stock Market Highlights: Sensex rises 231 pts, Nifty ends at 23,719 led by banks, positive global cues

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Sensex, Nifty, Share Prices Highlights: Stock market benchmark indices ended higher on Friday, helped by buying in blue-chip bank shares and a rally in global peers. Hopes of progress in the US-Iran peace negotiations also added to markets' optimism.

Bull and Bear Stock Market Prices Concept. 3d Render | Photo Credit: asbe

ensex Today, Nifty 50 | Stock Market Highlights- Find here all the highlights related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 22nd May 2026.

The 30-share BSE Sensex climbed 231.99 points, or 0.31 per cent, to settle at 75,415.35. During the day, it surged 627.61 points, or 0.83 per cent, to 75,810.97. The 50-share NSE Nifty edged higher by 64.60 points or 0.27 per cent to end at 23,719.30.

The ⁠rupee rose 0.53% versus the U.S. dollar to 95.69, posting a late ‌week rally to close above the 96 per dollar mark for the first time ‌in a week on Friday helped bythe central bank’s aggressive interventions to ⁠arrest the currency’s slide from 94.50 to nearly 97.

In Asian markets, South Korea’s benchmark Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index ended higher.

Markets in Europe were trading in positive territory.

Key Highlights

Sensex settled up 231.99 points or 0.31 per cent at 75,415.35, while the NIFTY 50 gained 64.60 points or 0.27 per cent to close at 23,719.30.
Rupee rises 63 paise to close at 95.73 (provisional) against US dollar.
The ‌benchmark 10-year bond was quoted at 96 rupees, with the yield down 4 bps at 7.0697%.
Major Winners from BSE: Trent, Axis Bank, ICICI Bank, Asian Paints, Hindustan Unilever, HDFC Bank, Kotak Mahindra Bank and Bajaj Finance.
Major Laggards from BSE: Sun Pharma, ITC, Power Grid and Bharat Electronics
Brent crude climbed 2.3 per cent to $104.7 per barrel.
RBI to pay record dividend of ₹2.87 lakh crore to govt for FY26 (Read more here)

May 22, 2026 16:26
This live blog is closed for the day.
Follow businessline for more updates.
May 22, 2026 16:25
RBI approves record ₹2.87 lakh crore surplus transfer to government
RBI to pay record dividend of ₹2.87 lakh crore to govt for FY26
RBI announces a record ₹2.87 lakh crore dividend to the government for FY26, boosting financial stability amid global challenges.
May 22, 2026 16:15
Forex
Rupee rises 63 paise to close at 95.73 against US dollar
Rupee rises 63 paise to close at 95.73 against US dollar
The rupee rose for the second consecutive session on Friday to close at 95.73 (provisional) against the US dollar on softening of crude oil prices and supposed intervention by the Reserve Bank.
May 22, 2026 16:11
Muthoot Mcred posts 88% rise in PAT in FY26
Muthoot Mcred posts 88% rise in PAT in FY26
Muthoot MCred reports an 88% increase in PAT for FY26, with net profit reaching ₹176.90 crore and AUM surging 60%.
May 22, 2026 16:06
Sun Pharma Q4 net profit up 26% at ₹2,714 crore
Sun Pharma Q4 net profit up 26% at ₹2,714 crore
Sun Pharma's Q4 net profit rises 26% to ₹2,714 crore, driven by robust formulation sales and strong overall revenue growth.
May 22, 2026 16:04
Sterlite Tech bags $1.11 billion product award from hyperscale partner
Sterlite Technologies has received a Product Award Letter (PAL) from a hyperscale partner for multi-year supply of optical connectivity products. The total potential value of the contract over its tenure is estimated at $ 1.11 billion
May 22, 2026 15:51
Lupin Receives China Approval for Oseltamivir Phosphate Oral Suspension
May 22, 2026 15:42
Rupee rises 63 paise to close at 95.73 (provisional) against US dollar.
May 22, 2026 15:41
Stock market
Sensex rises 232 pts, Nifty closes above 23,700
Sensex settled up 231.99 points or 0.31 per cent at 75,415.35, while the NIFTY 50 gained 64.60 points or 0.27 per cent to close at 23,719.30.
May 22, 2026 15:41
SEPC says MOIL cancels ₹230 crore work order
SEPC Ltd informed that the work order earlier received from MOIL Limited (Government Undertaking) for designing, construction, furnishing and equipping, having a total order value of ₹230 Crore including taxes, has been cancelled by MOIL.
May 22, 2026 15:40
Quarterly results
Prestige Estates Q4 profit jumps 10-fold to ₹250 crore, income surges to ₹4,143 crore
Prestige Estates Q4 profit jumps 10-fold to ₹250 crore, income surges to ₹4,143 crore
Prestige Estates reports 10-fold profit surge to ₹250 crore, with total income exceeding ₹4,143 crore in Q4.
May 22, 2026 15:27
Quarterly results
Star Cement Q4 results
Star Cement posted standalone net profit for the quarter ended March 2026 at Rs 67.61 crore compared to Rs 36.84 crore in the same quarter last year.
Shares were up 2% to Rs 220 on the NSE.
May 22, 2026 15:27
Quarterly results
Laxmi Dental Limited reports highest-ever quarterly revenue with 21.9% YoY growth in Q4FY25
• Revenue up by 16.2% YOY
• EBITDA and PAT margins stood at 18.3% and 13.6%, respectively
May 22, 2026 15:22
Aequs increases investment in JV arm Aequs Cookware via rights issue
Aequs has made a further investment in Aequs Cookware Private Limited, a Joint Venture of the Company, through a rights issue. Aequs Cookware Private Limited, has allotted 18,16,761 equity shares to the Company at a price of Rs 51.19 per equity share on rights basis.
May 22, 2026 15:14
RBI injects ₹81,590 cr transient liquidity into banking system via 3-day VRR auction
RBI injects ₹81,590 cr transient liquidity into banking system via 3-day VRR auction
RBI injects ₹81,590 crore liquidity into banks via a 3-day VRR auction at a 5.26% cut-off rate.
May 22, 2026 15:11
Dilip Buildcon bags ₹268-cr order from Gujarat govt
Dilip Buildcon has received letter of award (LOA) from Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat for Rs 268 crore.
May 22, 2026 15:10
Stock market
Major stocks that hit 52-week high
Polycab, Apollo Hospitals, MTAR Tech, Grasim, Varun Beverages, and Honasa Consumer.
May 22, 2026 15:10
Stock market
Markets off day’s high
ensex traded 205.55 pts or 0.27% positive at 75,388.91 around 3.05 pm (down from the day’s high of 75,810.97), and Nifty 50 was up 53.40 pts or 0.23% to 23,708.10.
May 22, 2026 15:09
Gold silver
Jewellery sales volume will drop to 10-year low on high prices, hike in import duty
Jewellery sales volume will drop to 10-year low on high prices, hike in import duty
Despite the expected decline in volume, the sector is poised to achieve a robust revenue growth of 20-25% y-on-y, driven by higher realisations, as per Crisil Ratings report.
May 22, 2026 15:06
PNC Infratech bags ₹3483-cr worth NHAI project
PNC Infratech has received Letters of Acceptance from National Highways Authority of India (NIIAI) for 2 HAM based National Highway Projects for an aggregate ‘Bid Project Cost’ (BPC) of Rs. 3483 crore
May 22, 2026 15:04
Ircon International Q4 results
Ircon International posted standalone net profit for the quarter ended March 2026 stood at Rs 192.03 crore compared to Rs 218.21 crore in the same quarter last year.
Recommended a final dividend of Rs. 0.70 per equity share
Shares flat at Rs 140.79 on the NSE.
May 22, 2026 15:00
Quarterly results
Shilpa Medicare Q4 results
Shilpa Medicare posted standalone net profit for the quarter ended March 2026 at Rs 70.96 crore compared to Rs 5.63 crore loss in the same quarter last year.
Board recommended final dividend of Rs 0.60 per share.
Shilpa Pharma Lifesciences Limited (“SPL”), Shilpa Biologicals Pvt Ltd (“SBPL”), Shilpa Biocare Pvt Ltd (“Biocare”) - wholly owned subsidiaries of Shilpa Medicare Limited, to make an equity investment of 28% in Neo Green Power Project Private Limited
Shares traded 8% higher at Rs 511.30 on the NSE.
May 22, 2026 14:57
Quarterly results
Q4 results: 3M India's net profit soars to ₹215.34 crore
3M India reported net profit for the quarter ended March 2026 at Rs 215.34 crore compared to Rs 71.37 crore in the same quarter last year.
The Board recommended of a Dividend of Rs. 506/- per equity share
Shares traded 5% higher at Rs 34,025 on the NSE
May 22, 2026 14:55
Quarterly results
Sun Pharmaceutical Q4 results: net profit falls to ₹2,714 crore; board recommends ₹5 final dividend
Sun Pharmaceutical Industries reported consolidated net profit for the quarter ended March 2026 at Rs 2714 crore compared to Rs 3368.8 crore in December 2025 quarter and Rs 2149.8 crore in March 2025 quarter.
Board recommended final dividend of Rs 5 per share.
Shares were down 1.64% to Rs 1,860.30 on the NSE.
May 22, 2026 14:50
Companies
Godrej Properties awards ₹1,100 crore contract to Tata Projects for construction of 3 projects
Godrej Properties awards ₹1,100 crore contract to Tata Projects for construction of 3 projects
Tata Projects has been awarded contracts for the core and shell construction works across three upcoming projects - Godrej Sora, Godrej Astra, and Godrej Samaris
May 22, 2026 14:43
Twamev Construction and Infra receives LoA from SAIL
Twamev Construction and Infrastructure has received a Letter of Acceptance from The Steel Authority of India Limited for the construction of “Re-building of Employees Quarter at ISP Township in Phase-1” of SAIL-ISP Burnpur, IISCO Steel Plant.
May 22, 2026 14:43
Companies
Lux Industries’ wholly owned subsidiary namely Lux and Cozi Ltd in West Bengal has received the Certificate of Incorporation
May 22, 2026 14:35
Quarterly results
Jubilant Pharmova Q4 results
Jubilant Pharmova reported consolidated net profit for the quarter ended March 2026 at Rs 119.3 crore compared to Rs 151.3 crore in the same quarter last year.
Board has recommended final dividend of Rs 5 per share.
Shares traded flat at Rs 1,007.95 on the NSE.
May 22, 2026 14:29
Banking
RBI announces underwriting auction results for three government securities
RBI announces underwriting auction results for three government securities
Primary dealers underwrite ₹21,000 crore through additional competitive underwriting on May 22, 2026
May 22, 2026 14:22
Commodities
Brent crude prices could hit $150/bbl under bull case scenario; near-term expected to reach $120/bbl: Citi
Brent crude prices could hit $150/bbl under bull case scenario; near-term expected to reach $120/bbl: Citi
Citi forecasts Brent crude could spike to $150/bbl, with near-term prices hitting $120/bbl amid geopolitical tensions and supply risks.
May 22, 2026 14:19
Man Industries arm acquires 100% stake in Saudi's National Pipe Co
Man Industries stock traded flat on the NSE at Rs 564.50. Its subsidiary acquired a 100% stake in National Pipe Co in Saudi Arabia
May 22, 2026 14:18
India Glycols moves Delhi High Court over denied ₹79.7 crore insurance claim
India Glycols traded flat at Rs 995.30 on the NSE. The company had filed an appeal at the Delhi High Court against New India Assurance Co for the recovery of a Rs 79.7 cr insurance claim regarding damages at its Kashipur plant, which was previously rejected by the insurer
May 22, 2026 14:17
Companies
Maruti Suzuki to hike the prices of its models by up to ₹30,000 across its portfolio effective June 2026
Maruti Suzuki shares flat on the NSE at Rs 13,033. The automaker will hike the prices of its models by up to Rs 30,000 across its portfolio effective June 2026
May 22, 2026 14:17
Companies
Looking to bring more than 10 new models in India by 2030: Honda Cars India
Looking to bring more than 10 new models in India by 2030: Honda Cars India
Honda Cars India aims to launch over 10 new models by 2030, focusing on electric and compact SUVs.
May 22, 2026 14:16
Companies
Stock in focus: Kirloskar Electric
Kirloskar Electric shares traded 5% higher at their upper circuit of Rs 119.68 on the NSE. The NCLT formally approved four of its subsidiaries to merge into the company
May 22, 2026 14:15
Companies
Stock in focus: Tata Steel
Tata Steel shares flat at Rs 208.90 on the NSE. The Supreme Court stayed a Rs 891 cr GST demand that was previously raised against the company
May 22, 2026 14:14
Cosmo First, Filmax Corp Korea form JV for flexible packaging business
Cosmo First and Filmax Corporation, Korea, incorporated a Joint Venture Company named “Filmax Cosmo Korea Limited”, to undertake and carry out the distribution, sale and marketing of flexible packaging and other products manufactured by the two companies.
May 22, 2026 14:12
Companies
Stock in focus: Adani Power
Adani Power shares traded flat on the NSE at Rs 219.80. According to reports, SC refused to interfere with the forest clearance for the Adani Group’s coal block project in Madhya Pradesh’s Singrauli.
May 22, 2026 14:10
MobiKwik board approves transfer of lending services business to wholly-owned arm
One Mobikwik Systems board approved sale and transfer of the Company’s Lending Services Provider Business (LSP business) forming part of financial services business, on slump sale basis to MobiKwik Distribution Services Private Limited (formerly known as MobiKwik Credit Private Limited) (MDSPL), a wholly owned subsidiary of the Company.
May 22, 2026 14:01
Aditya Birla Capital plans to use ₹3,500 cr to drive business growth
Aditya Birla Capital plans to use ₹3,500 cr to drive business growth
Aditya Birla Capital plans to raise ₹3,500 crore for growth, seeking shareholder approval on June 12, 2026.
May 22, 2026 14:01
Stock market
Markets at 2 pm
Sensex up 476.41 points (0.63%) at 75,659.77
Nifty up 136.95 points (0.58%) at 23,791.65
May 22, 2026 13:48
Companies
Ola Electric eyes FY27 turnaround on surging demand, cost reset and margin gains
Ola Electric eyes FY27 turnaround on surging demand, cost reset and margin gains
Ola Electric anticipates a strong FY27 turnaround driven by rising demand, cost management, and improved margins, targeting 40,000 orders.
May 22, 2026 13:41
Stock market
Nifty pushes toward resistance as broader market rallies
Nifty pushes toward resistance as broader market rallies
Nifty approaches resistance as broader market rallies, led by Trent's gains amid positive breadth and significant trading volumes.
May 22, 2026 13:35
Quarterly results
TTK Prestige Q4 results
TTK Prestige reported standalone net profit for the quarter ended March 2026 at Rs 50.79 crore compared to Rs 3.94 crore in the same quarter last year.
Board recommended dividend of Rs 7.50 per share.
Shares traded 4% positive at Rs 562 on the NSE.
May 22, 2026 13:31
Share market live: Dalmia Bharat to buy ₹2,850 crore Jaypee Cement assets under Adani-led resolution plan
Dalmia Bharat to buy ₹2,850 crore Jaypee Cement assets under Adani-led resolution plan
Deal under Adani Group-led insolvency resolution to boost Dalmia’s capacity to 54.7 MTPA with focus on central India markets
May 22, 2026 13:29
Share market live: Goodluck India has secured order worth $13.6 Mn for 14,500 MT Transmission Line Structures
May 22, 2026 13:26
Stock Market Live: Info Edge jumps 6% to Rs 977.70 on 21% rise in Q4 profit; board recommends Rs 3.60 dividend
Info Edge (India) (Naukri) posted standalone net profit for the quarter ended March 2026 at Rs 309.1 crore (up 21%) compared to Rs 255 crore in the same quarter last year.
The Board has also recommended a Final Dividend of Rs. 3.60/- per equity share
Shares soared nearly 6% to Rs 977.70 on the NSE.
Q4 Results 22nd May Live: Sun Pharma, Hindalco, Eicher Motors, Torrent Pharma, NTPC Green, Fortis Healthcare, Colgate, 3M India, Ramco Cements to announce Q4 results, ITC, LIC, GAIL, Emami, Max Health, JSW Cement, WeWork in focus
Q4 Results Today, 22nd May 2026 Live Updates: Find all the latest Q4 results 2026 updates of 20 Microns, 3M India, Saven Technologies, Aelea Commodities, Aditya Spinners, Adroit Infotech, Advani Hotels & Resorts (India), Agarwal Fortune India, Agio Paper & Industries, AG Ventures, Ajcon Global Services, All Time Plastics, Almondz Global Securities, Alphalogic Techsys, Alufluoride, AMS Polymers, Antariksh Industries, Anand Rayons, Arrow Greentech, Ascensive Educare, Ashiana Agro Industries, Ashirwad Steels & Industries, Add-Shop ERetail, Bacil Pharma, Balgopal Commercial, Balkrishna Paper Mills, Ballarpur Industries, Belding India, Binny Mills, Birla Cable, Birla Capital & Financial Services, Birla Cotsyn (India), Birla Precision Technologies, Birla Transasia Carpets, Bansal Roofing Products, Ceenik Exports India, Centerac Technologies, Century Plyboards (India), Concord Enviro Systems, CG Vak Software & Exports, Chartered Logistics, Colgate Palmolive (India), Crest Ventures, DAM Capital Advisors, Dhanlaxmi Cotex, Eicher Motors, EIH Associated Hotels, Elegant Floriculture & Agrotech India, Ellenbarrie Industrial Gases, Electronics Mart India, Euro Panel Products, Eurotex Industries and Exports, Excel Industries, Excelsoft Technologies, Faze Three, Fortis Healthcare, Ganesh Consumer Products, GHV Infra Projects, Gini Silk Mills, Godavari Biorefineries, Gokaldas Exports, Greenlam Industries, Gujarat State Fertilizers & Chemicals, Galaxy Supermarket, Gulshan Polyols, Hariom Pipe Industries, HB Leasing & Finance Company, HB Stockholdings, Healthy Investments, Hemadri Cements, H.G. Infra Engineering, Hindalco Industries, HRS Aluglaze, IITL Projects, Indigo Paints, Indobell Insulations, Industrial & Prudential Investment Company, IRCON International, Jayatma Industries, Jindal Drilling & Industries, Jubilant Pharmova, KDJ Holidayscapes and Resorts, Kuberan Global Edu Solutions, Khazanchi Jewellers, Kolte-Patil Developers, Koura Fine Diamond Jewelry, Kovai Medical Center & Hospital, KSR Footwear, Kumbhat Financial Services, Lehar Footwears, Libord Finance, Maharashtra Seamless, Manaksia Steels, Manomay Tex India, Mapro Industries, Marsons, Max Estates, Modern Steels, Mid India Industries, Medico Intercontinental, Minda Corporation, Milkfood, Modern Dairies, Modison, Modulex Construction Technologies, Morepen Laboratories, Motisons Jewellers, Mukta Arts, Multibase India, Manoj Vaibhav Gems N Jewellers, National Fittings, Natraj Proteins, Info Edge (India), Navkar Urbanstructure, Next Mediaworks, Narayana Hrudayalaya, NR International, NTPC Green Energy, Oswal Leasing, Paramount Communications, Patel Chem Specialities, Pudumjee Paper Products, Pix Transmissions, Paradeep Parivahan, Prabha Energy, Prakash Industries, Precision Camshafts, Prostarm Info Systems, Quint Digital, The Ramco Cements, The Ravalgaon Sugar Farm, Raw Edge Industrial Solutions, Regent Enterprises, Remsons Industries, Roopshri Resorts, RR MetalMakers India, RSC International, Revathi Equipment India, S&S Power Switchgear, Sal Automotive, Sam Industries, Santosh Fine Fab, S Chand and Company, Sealmatic India, Sera Investments & Finance India, Shilpa Medicare, Shrydus Industries, Shyam Century Ferrous, Shantidoot Infra Services, SK Minerals & Additives, SKM Egg Products Export (India), Shukra Bullions, Sarthak Metals, SMS Pharmaceuticals, Sri Chakra Cement, Star Cement, Star Imaging And Path Lab, Sun Pharmaceutical Industries, Swadeshi Polytex, Swiss Military Consumer Goods, Swojas Foods, Syncom Formulations India, Talbros Engineering, Tarsons Products, TCC Concept, Thinkink Picturez, Tiaan Consumer, Tinna Rubber and Infrastructure, Torrent Pharmaceuticals, Transoceanic Properties, Trigyn Technologies, Trualt Bioenergy, TTK Prestige, TVS Electronics, Unichem Laboratories, Unijolly Investments Company, Unishire Urban Infra, Vandan Foods, Shri Vasuprada Plantations, Velan Hotels, Viceroy Hotels, Vikran Engineering, Vippy Spinpro, Vishal Bearings, Vivid Global Industries, Voltaire Leasing & Finance, VTM, Welspun Investments and Commercials, West Leisure Resorts, Wisec Global, Yatra Online, and Zee Learn. ITC, LIC, GAIL, Emami, Max Health, JSW Cement, WeWork and more in focus Stay tuned for more from businessline
May 22, 2026 13:22
Stock Market Live: VA Tech Wabag appoints Bhupesh Chowdary Nagineni as Deputy MD, Rohan Mittal as Head of Strategy & Business Growth (GCC)
VA Tech Wabag appoints Bhupesh Chowdary Nagineni as Deputy MD effective May 21, 2026; and Rohan Mittal as Head- Strategy & Business Growth - GCC
May 22, 2026 13:21
Markets now: JSW Cement, Deepak Fertilizers lead smallcap gainers; Welspun Corp tops losers
Smallcap movers today: JSW Cement (+7.84%), Deepak Fertilizers (+5.37%), Kaynes (+4.04%), CGCL (+3.25%), Meesho (+2.97%)
Top losers: Welspun Corp (-4.24%), GE Ship (-3.01%), Whirlpool (-2.79%), Lal Path Labs (-2.78%)
May 22, 2026 13:21
Markets now: Sensex traded 596.98 pts or 0.79% higher at 75,780.34 at around 1.05 pm, and Nifty 50 increased by 167.70 pts or 0.71% to 23,822.40.
May 22, 2026 13:21
Stock Market Live: Arvind SmartSpaces up 2% to Rs 626.70 on strong Q4 profit doubling to Rs 42.3 crore
Arvind SmartSpaces stock rose 2% to Rs 626.70 at 1 pm, hitting a high of Rs 632.60 from the previous close of Rs 615.05.
It reported over two-fold jump in consolidated net profit at Rs 42.31 crore for the quarter ended March.
May 22, 2026 13:20
Nifty Today: Top gainers, losers at this hour of trade
Top gainers of Nifty midcap 100: Astral (+4.14%), Dixon Tech (+4.05%), Tata Communications (+3.20%), Supreme Industries (+2.93%)
Top losers: Glenmark (-6.21%), Aurobindo Pharma (-5.99%), Paytm (-3.55%), PB Fintech (-2.65%)
May 22, 2026 13:05
Quarterly results
Q4 results: Allcargo Terminals posts ₹9 crore Q4 profit on higher cargo volumes

Allcargo Terminals posts Q4 profit as cargo volumes and EBITDA rise
Allcargo Terminals reported a ₹9 crore Q4 profit and 46% rise in FY26 net profit, driven by higher cargo volumes and logistics expansion projects.
May 22, 2026 12:56
Stock Market Live: Ashoka Buildcon falls 3% to Rs 124.05 despite Q4 profit of Rs 48.9 crore
Ashoka Buildcon shares declined over 3% to Rs 124.05.
Company posted standalone profit after tax of Rs 48.9 cr in Q4FY26.
May 22, 2026 12:43
Stock down
Stock Market Live: Aurobindo Pharma down 6% at Rs 1,453; sets up new subsidiary Arrow Pharma Production in France
Aurobindo Pharma: Agile Pharma BV, a wholly owned step down subsidiary of the Company, has incorporated a new wholly owned subsidiary in France by the name of Arrow Pharma Production SAS
Shares traded at Rs 1,453 on the NSE, down 6%
May 22, 2026 12:41
Transformers and Rectifiers bags ₹228.26 cr order from Gujarat Energy Transmission Corporation
Transformers and Rectifiers bags ₹228.26 cr order from Gujarat Energy Transmission Corporation
Transformers and Rectifiers secures ₹228.26 crore order from GETCO for six transformers and two reactors, to be completed by August 2028.
May 22, 2026 12:40
Stock market live updates: Zepto scales depth rather than footprint, says Bernstein
Zepto scales depth rather than footprint, says Bernstein
Quick commerce player builds higher dark store concentration and usage intensity in metro markets for stronger operational efficiency
May 22, 2026 12:37
Share market updates: Venus Remedies has received Marketing Authorization from the Saudi Food and Drug Authority (SFDA) for Plerixafor
May 22, 2026 12:37
Companies
Stock Market Live: Rail Vikas Nigam emerges lowest bidder for Rs 164 crore East Coast Railway contract
Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from East Coast Railway - Normal course of business of the Company (contract worth Rs 164 crore)
May 22, 2026 12:36
Quarterly results
Stock Market Live: Prestige Estates flat at Rs 1,393.90; Q4 net profit surges 10-fold to Rs 250 crore
Prestige Estates Projects stock traded flat at Rs 1,393.90 on the NSE at 12.29 pm, hitting a high of Rs 1,408.80 compared to the previous close of Rs 1,385. Company posted a 10-fold jump in consolidated net profit to Rs 250.1 crore for the quarter ended March 31, 2026.
May 22, 2026 12:36
Stock up
Stock in Focus: Page Industries up 1% at Rs 38,915 after 9% rise in Q4 net profit to Rs 178.7 crore
Page Industries stock traded 1.35% positive at Rs 38,915 on the NSE, hitting a high of Rs 40,490 in early trade compared to the previous close of Rs 38,380.
This follows a 9 per cent rise in net profit at Rs 178.73 crore for the quarter ended March 31, 2026.
May 22, 2026 12:35
Share market live: Vedanta arm Talwandi Sabo Power faces ₹127 cr penalty
Vedanta arm Talwandi Sabo Power faces ₹127 cr penalty
Vedanta Ltd has said that its subsidiary Talwandi Sabo Power Ltd (TSPL) has been held liable to pay approximately ₹127 crore, plus applicable late payment surcharge, to Punjab State Power Corporation Ltd (PSPCL) following a Supreme Court judgment.
May 22, 2026 12:35
Commodities update: Silver futures fall to ₹2.7 lakh/kg
Silver futures fall to ₹2.7 lakh/kg
Silver prices on Friday fell by Rs 1,883 to Rs 2,73,000 per kilogram as participants reduced their bets.
May 22, 2026 12:34
Gold silver
Commodities update: Gold futures drop to ₹1,59,085/10g
Gold futures drop to ₹1,59,085/10g
Gold prices on Friday dropped Rs 521 to Rs 1,59,085 per 10 grams in futures trade amid a fall in spot demand.
May 22, 2026 12:33
Share market live: Mufin Green Finance shares rise on strong FY26 results; AUM nearly doubles
Mufin Green Finance shares rise on strong FY26 results; AUM nearly doubles
Mufin Green Finance shares rise on strong FY26 results, nearly doubling AUM and reporting significant profit growth.
May 22, 2026 12:22
Stock Market Live: LIC to launch Sathi New Jeevan and New Jeevan Sathi plans from June 1, 2026
Life Insurance Corporation of India is launching the following new products which will be available for sale with effect from June 01, 2026:
LIC’s Sathi New Jeevan – Premium
LIC’s New Jeevan Sathi – Limited Premium
May 22, 2026 12:19
Share market live: Capital Group increases Adani bets while reducing Reliance exposure
Capital Group increases Adani bets while reducing Reliance exposure
Capital Group has invested over $2 billion in Adani companies while steadily cutting its Reliance Industries holdings amid shifting investor preferences in India.
May 22, 2026 12:11
Share market live: Welspun Corp slips 3.5% after strong FY26 results; buyback in focus at Welspun Living
Welspun Corp slips 3.5% after strong FY26 results; buyback in focus at Welspun Living
Welspun Corp shares drop 3.5% despite strong FY26 results, with buyback plans at Welspun Living capturing investor interest.
May 22, 2026 12:10
Stock in focus: Rategain Travel Tech jumps 8% to Rs 703 on strong Q4 profit of Rs 69.9 crore
Rategain Travel Tech shares traded 8% higher at Rs 703, hitting an intraday high of Rs 730 compared to the previous close of Rs 652.45.
On a consolidated basis, the profit soared to Rs 69.9 crore in the quarter under review compared to Rs 54.8 crore in the year-ago period
May 22, 2026 12:09
Stock Market Live: Varun Beverages hits 52-week high on extension of exclusive PepsiCo bottling deal till 2049
Varun Beverages stock traded at Rs 529.55 on the NSE, up 2%, hitting a 52-week high of Rs 538 compared to the previous close of Rs 519.85. Company extended its exclusive bottling and trademark licensing agreement with Pepsico in India until April 2049.
May 22, 2026 12:03
Stock Market Live: Godrej Properties steady at Rs 1,745.70; partners with Tata Projects for Gurgaon luxury developments
Godrej Properties shares flat on the NSE at Rs 1,745.70. Company has entered into a partnership with Tata Projects, one of India’s most respected engineering and construction companies, for three of its luxury developments along Golf Course Road, Gurgaon.
May 22, 2026 12:01
Quarterly results
Q4 results: Vibhor Steel Tubes Q4 revenue rises 16%, profit drops on Odisha plant costs
Haryana-based high-quality steel tubes and pipes maker, Vibhor Steel Tubes Ltd (VSTL), registered 16.24 per cent growth in standalone operating income at Rs 335.13 crore for the quarter ended March 31, 2026, as compared with Rs. 288.30 crore same period last year.
EBITDA increased by 26.15 per cent at Rs. 15.34 crore during the quarter under review, as compared with Rs. 12.16 crores same period last year.
Net profit declined by 42.12 per cent at Rs 2.57 crore during the quarter under review, as compared to Rs. 4.44 crore same period last year as a result of increase in finance costs and depreciation costs due to commencement of Odisha plant. Earnings per share was Rs 1.36 during the quarter.
For the year ended March 31, 2026, the company’s operating income increased by 15.35 per cent at Rs 1149.35 crore, as against Rs 996.38 crore last year. Net profit on a standalone basis fell by 25.32 per cent at Rs 8.79 crore, as against Rs 11.77 crore last year.
May 22, 2026 12:00
Nifty today: Top gainers, losers at this hour of trade
Top gainers of Nifty 50: Wipro (+2.35%), Trent (+2.34%), Shriram Finance (+2.21%), Asian Paints (+1.93%), Axis Bank (+1.91%)
Top losers: Max Healthcare (-3.87%), Sun Pharma (-1.41%), ITC (-1.38%), ONGC (-1.18%)
May 22, 2026 11:59
Companies
Stock market updates: Rare Rabbit partners with accessories platform Escape Plan
Rare Rabbit partners with accessories platform Escape Plan
Rare Rabbit partners with Escape Plan to redefine travel gear, blending luxury design with modern Indian lifestyle and identity.
May 22, 2026 11:59
Quarterly results
Q4 results: Page Industries Q4 net profit up 9% to ₹178.73 cr

Page Industries Q4 net profit up 9% to ₹178.73 cr
Full-year profit grows 4.75% to ₹763.82 crore amid volume growth and positive consumer sentiment
May 22, 2026 11:51
Commodities
Commodities market: Silver futures fall to Rs 2.7 lakh/kg
Silver prices on Friday fell by Rs 1,883 to Rs 2,73,000 per kilogram as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for the July delivery declined by Rs 1,883, or 0.69 per cent, to Rs 2,73,000 per kg in a business turnover of 1,492 lots.
Analysts said a sell-off by participants mainly weighed on silver prices. - PTI
May 22, 2026 11:36
Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: Report
Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: Report
Worst-case scenario warns of deep economic impact as three possible outcomes outlined amid ongoing Iran conflict
May 22, 2026 11:35
India bonds rally on bets of record RBI payout
India bonds rally on bets of record RBI payout
Indian bonds rise as expectations of a record RBI surplus transfer ease rate-hike fears amid economic pressures.
May 22, 2026 11:23
Suzlon bags 195MW wind energy order from Sunsure Energy
Suzlon bags 195MW wind energy order from Sunsure Energy
Suzlon on Friday said it has secured a repeat order of 195 MW from Sunsure Energy, taking the total sales of its 3MW platform to nearly 9 GW.
May 22, 2026 11:22
Prestige Estates Q4 profit jumps 10-fold to ₹250 cr
Prestige Estates Q4 profit jumps 10-fold to ₹250 cr
Prestige Estates reports a 10-fold Q4 profit surge to ₹250.1 crore, driven by significant income growth.
May 22, 2026 11:13
Share market live: SPML Infra Wins Rs. 165.41 Crore Order to Build 400 kV Grid Sub-Station at Kota, Rajasthan
May 22, 2026 11:13
Share market live: Alembic Pharmaceuticals Limited receives USFDA Final Approval for Levothyroxine Sodium Tablets USP
May 22, 2026 11:08
Stock Market Live: JSW Cement jumps 9% to Rs 138.85 on robust Q4 profit of ₹371 crore
JSW Cement shares rallied 9% to Rs 138.85 on the NSE at 11 am, hitting a high of Rs 142.50 from the previous close of Rs 127.46.
It posted consolidated net profit of ₹371 crore for the quarter ended March 31 from ₹34.22 crore a ‌year ago
May 22, 2026 11:07
Stock Market Live: Emami slips 2% to Rs 407.30 after 12% drop in Q4 net profit to ₹143 crore
Emami shares declined 2% to Rs 407.30 on the NSE at 11 am, hitting a low of Rs 405 compared to the previous close of Rs 415.65.
It reported an 11.72 per cent year-on-year (y-o-y) decline in its consolidated net profit to ₹143.17 crore
May 22, 2026 11:07
Stock Market Live: GAIL rises 1% to Rs 157.53 despite 41% drop in Q4 net profit to ₹1,481 crore
GAIL (India) shares rose 1% to Rs 157.53 on the NSE at 10.59 am.
It reported a 41 per cent Y-o-Y decline in its consolidated net profit at around ₹1,481 crore in Q4 FY26
May 22, 2026 11:02
Stock market
Nifty Prediction Today – May 22, 2026: Nifty futures: Positive push
Nifty Prediction Today – May 22, 2026: Nifty futures: Positive push
Nifty futures (May) is likely to break out of 23,800 today
May 22, 2026 10:54
Q4 results live: Aurobindo Pharma has overtaken Dr Reddy’s Laboratories in the topline in the financial year 2025-26
Aurobindo Pharma shares traded 5% lower at Rs 1,472.40 on the NSE, hitting a low of Rs 1,470 compared to the previous close of Rs 1,546.70.
The stock hit a 52-week high of Rs 1,550 in the previous trading session.
Company’s consolidated net profit increased 2 per cent to ₹921 crore in Q4 FY26
Q4 Results 22nd May Live: Sun Pharma, Hindalco, Eicher Motors, Torrent Pharma, NTPC Green, Fortis Healthcare, Colgate, 3M India, Ramco Cements to announce Q4 results, ITC, LIC, GAIL, Emami, Max Health, JSW Cement, WeWork in focus
Q4 Results Today, 22nd May 2026 Live Updates: Find all the latest Q4 results 2026 updates of 20 Microns, 3M India, Saven Technologies, Aelea Commodities, Aditya Spinners, Adroit Infotech, Advani Hotels & Resorts (India), Agarwal Fortune India, Agio Paper & Industries, AG Ventures, Ajcon Global Services, All Time Plastics, Almondz Global Securities, Alphalogic Techsys, Alufluoride, AMS Polymers, Antariksh Industries, Anand Rayons, Arrow Greentech, Ascensive Educare, Ashiana Agro Industries, Ashirwad Steels & Industries, Add-Shop ERetail, Bacil Pharma, Balgopal Commercial, Balkrishna Paper Mills, Ballarpur Industries, Belding India, Binny Mills, Birla Cable, Birla Capital & Financial Services, Birla Cotsyn (India), Birla Precision Technologies, Birla Transasia Carpets, Bansal Roofing Products, Ceenik Exports India, Centerac Technologies, Century Plyboards (India), Concord Enviro Systems, CG Vak Software & Exports, Chartered Logistics, Colgate Palmolive (India), Crest Ventures, DAM Capital Advisors, Dhanlaxmi Cotex, Eicher Motors, EIH Associated Hotels, Elegant Floriculture & Agrotech India, Ellenbarrie Industrial Gases, Electronics Mart India, Euro Panel Products, Eurotex Industries and Exports, Excel Industries, Excelsoft Technologies, Faze Three, Fortis Healthcare, Ganesh Consumer Products, GHV Infra Projects, Gini Silk Mills, Godavari Biorefineries, Gokaldas Exports, Greenlam Industries, Gujarat State Fertilizers & Chemicals, Galaxy Supermarket, Gulshan Polyols, Hariom Pipe Industries, HB Leasing & Finance Company, HB Stockholdings, Healthy Investments, Hemadri Cements, H.G. Infra Engineering, Hindalco Industries, HRS Aluglaze, IITL Projects, Indigo Paints, Indobell Insulations, Industrial & Prudential Investment Company, IRCON International, Jayatma Industries, Jindal Drilling & Industries, Jubilant Pharmova, KDJ Holidayscapes and Resorts, Kuberan Global Edu Solutions, Khazanchi Jewellers, Kolte-Patil Developers, Koura Fine Diamond Jewelry, Kovai Medical Center & Hospital, KSR Footwear, Kumbhat Financial Services, Lehar Footwears, Libord Finance, Maharashtra Seamless, Manaksia Steels, Manomay Tex India, Mapro Industries, Marsons, Max Estates, Modern Steels, Mid India Industries, Medico Intercontinental, Minda Corporation, Milkfood, Modern Dairies, Modison, Modulex Construction Technologies, Morepen Laboratories, Motisons Jewellers, Mukta Arts, Multibase India, Manoj Vaibhav Gems N Jewellers, National Fittings, Natraj Proteins, Info Edge (India), Navkar Urbanstructure, Next Mediaworks, Narayana Hrudayalaya, NR International, NTPC Green Energy, Oswal Leasing, Paramount Communications, Patel Chem Specialities, Pudumjee Paper Products, Pix Transmissions, Paradeep Parivahan, Prabha Energy, Prakash Industries, Precision Camshafts, Prostarm Info Systems, Quint Digital, The Ramco Cements, The Ravalgaon Sugar Farm, Raw Edge Industrial Solutions, Regent Enterprises, Remsons Industries, Roopshri Resorts, RR MetalMakers India, RSC International, Revathi Equipment India, S&S Power Switchgear, Sal Automotive, Sam Industries, Santosh Fine Fab, S Chand and Company, Sealmatic India, Sera Investments & Finance India, Shilpa Medicare, Shrydus Industries, Shyam Century Ferrous, Shantidoot Infra Services, SK Minerals & Additives, SKM Egg Products Export (India), Shukra Bullions, Sarthak Metals, SMS Pharmaceuticals, Sri Chakra Cement, Star Cement, Star Imaging And Path Lab, Sun Pharmaceutical Industries, Swadeshi Polytex, Swiss Military Consumer Goods, Swojas Foods, Syncom Formulations India, Talbros Engineering, Tarsons Products, TCC Concept, Thinkink Picturez, Tiaan Consumer, Tinna Rubber and Infrastructure, Torrent Pharmaceuticals, Transoceanic Properties, Trigyn Technologies, Trualt Bioenergy, TTK Prestige, TVS Electronics, Unichem Laboratories, Unijolly Investments Company, Unishire Urban Infra, Vandan Foods, Shri Vasuprada Plantations, Velan Hotels, Viceroy Hotels, Vikran Engineering, Vippy Spinpro, Vishal Bearings, Vivid Global Industries, Voltaire Leasing & Finance, VTM, Welspun Investments and Commercials, West Leisure Resorts, Wisec Global, Yatra Online, and Zee Learn. ITC, LIC, GAIL, Emami, Max Health, JSW Cement, WeWork and more in focus Stay tuned for more from businessline
May 22, 2026 10:49
Stock Market Live: LG Electronics falls 4% to Rs 1,462.4 after 8% drop in quarterly net profit to ₹693 crore
LG Electronics shares traded 4.4% lower at Rs 1,462.4 on the NSE.
The company posted a net profit of ₹692.7 crore for the quarter, down 8.19 per cent
May 22, 2026 10:47
Stock Market Live: Dr.Agarwal’s Health Care steady at Rs 480.25 as Q4 net profit rises 17% to Rs 50 crore
Dr. Agarwal’s Health Care shares traded flat at Rs 480.25 after moderating between Rs 474.95 and Rs 496.45.
Company reported a 17.4 per cent year-on-year growth in consolidated net profit to Rs 50 crore during the quarter ending March 31, 2026.
May 22, 2026 10:46
Stock Market Live: Reliance Power steady at Rs 27.21 after reporting Rs 494 crore net loss in Q4
Reliance Power shares traded flat at Rs 27.21 on the NSE. Company posted a consolidated net loss of Rs 494 crore for the quarter ended March 31.
May 22, 2026 10:42
Quarterly results
Q4 results: RCF shares jump 9% after Q4 profit more than doubles
RCF shares jump 9% after Q4 profit more than doubles
Shares of Rashtriya Chemicals and Fertilizers (RCF) surged 9 per cent in early trade on Friday after the state-run fertiliser maker reported a sharp rise in fourth-quarter earnings driven by strong revenue growth.
May 22, 2026 10:41
Banking
Currency market updates: RBI intervened to shore up rupee, traders say

RBI intervened to shore up rupee, traders say
RBI's intervention boosts rupee, rising to 95.99 per US dollar after hitting a low of 96.30 earlier.
May 22, 2026 10:37
Companies
Stock Market Live: Eicher Motors up 1% at Rs 6,974; announces 50:50 JV with Volvo Group
Eicher Motors stock traded at Rs 6,974 on the NSE, up 1%. The company and Volvo Group had announced their intent to establish a new 50:50 Joint Venture
May 22, 2026 10:35
Currency market updates: Rupee plunge sees India turn to 2013 taper tantrum playbook
Rupee plunge sees India turn to 2013 taper tantrum playbook
India's RBI faces a currency crisis, considering 2013 strategies to stabilize the rupee amid record lows and rising import costs.
May 22, 2026 10:35
Banking
Stock in focus: Govt to off load up to 8% in Central Bank; bid for non-retail begins today

Govt to off load up to 8% in Central Bank; bid for non-retail opened
Government is offloading up to 8 per cent of its stake in Central Bank of India at a floor price of ₹31. While bid opened for non-retail investors on Friday, retail investors can apply on Monday, May 25.
May 22, 2026 10:31
Stock in focus: Honasa Consumer jumps 10% to Rs 398 on 178% surge in Q4 net profit to ₹69.4 crore
Honasa Consumer shares rallied 10.4% on the NSE to Rs 398.
It posted a consolidated net profit of ₹69.4 crore in the March quarter, a surge of nearly 178 per cent
May 22, 2026 10:31
Technical call buy
Stock recommendation: Nomura on Sansera Engineering
Maintain Buy; Hike TP to Rs 3114 from Rs 2342
Diversification gaining pace
Q4FY26 beats estimates
Strong global traction in non-auto led by ADS division keeps growth visibility high
See revenue growth of 22%/19% YoY in FY27/28 and EBITDA margins of 19%/19.5%
Hike EPS estimates by 8%/11%
Believe Sansera’s valuations can trade at the upper end of its 25-35x historical trading band
See improved longer-term growth visibility driven by diversification into the non-auto segment
May 22, 2026 10:31
Technical call buy
Stock recommendation: Brokerages on Apollo Hospitals
Morgan Stanley on Apollo Hospitals
Maintain Overweight, Target price raised to ₹9,397 from ₹8,833
Q4 EBITDA beats estimates by 7%
Consolidated revenue rises 18% YoY led by hospitals and HealthCo growth
EBITDA margin at 15.3%
Apollo 24/7 expected to achieve breakeven by Q1-Q2FY27
Brokerage sees hospital-led mix and digital operating leverage driving margin expansion
New hospital cluster expected to break even by FY28
Morgan Stanley expects revenue, EBITDA and PAT CAGR of 16%, 19% and 30% over FY26-28
Goldman Sachs on Apollo Hospitals
Maintain Buy, Target price raised to ₹8,850 from ₹8,350
Q4 revenue and EBITDA grow 18% and 31% YoY respectively
EBITDA margin expands 154 bps YoY to 15.3%
Strong growth seen across hospitals and pharmacy businesses
Apollo 24/7 losses continue to narrow
Management reiterates mid-teen hospital growth outlook
Brokerage expects diagnostics business margins to improve closer to peers over medium term
Goldman lowers FY26-28 EBITDA estimates by up to 3% post Q4 adjustments
May 22, 2026 10:30
Technical call buy
Stock recommendation: Elara on RITES
Maintain Buy, Target price cut to ₹285 from ₹310
Q4 growth led by strong exports execution
Order book rises 2% QoQ to ₹93 bn despite higher sales
Exports sales surge 25x YoY in Q4
Management expects FY27 sales to surpass previous peak levels
Brokerage sees steady export visibility through FY27
FY27 and FY28 EPS estimates cut by 2% and 12% respectively due to delayed turnkey execution
Elara expects earnings CAGR of 18% over FY26-29E
May 22, 2026 10:30
Stock recommendation: Citi on Infosys
Recommendation — Neutral, Target — ₹1300
Financial services & energy/utilities/resources expected to see acceleration YoY; other verticals seeing some macro driven issues
Saw some softness in March due to decision making delays; will likely play out in Q1FY27 as well; H1 expected to be better than H2
Well set to participate in the six new AI driven value pools; partnerships and investments are in place
May 22, 2026 10:30
Technical call buy
Stock recommendation: Goldman Sachs on JSW Cement
Maintain Neutral, Target price raised to ₹127 from ₹119
Q4 volumes grow 7% YoY and remain in line with estimates
EBITDA per tonne at ₹915
Management guides for mid-to-high teen volume growth in FY27
Brokerage says profitability improvement and leverage management remain key for rerating
Company targets expanding capacity to 46 mn tonnes over next five years
Goldman sees balanced risk-reward despite strong growth visibility
May 22, 2026 10:29
Technical call buy
Stock recommendation: Morgan Stanley on Maruti Suzuki
Maintain Overweight, Target price: ₹17,895
Maruti announces vehicle price hikes of up to ₹30,000 from June 2026
Brokerage estimates effective price hike at around 1%
Commodity cost tracker suggests 250-300bps cost headwind in Q1FY27
Brokerage expects margins to trough in Q1FY27 due to commodity inflation and brownfield expansion costs
Peers M&M, Hyundai and Tata have already raised prices this year
May 22, 2026 10:29
Stock recommendation: Morgan Stanley on LG Electronics India
Maintain Overweight, Target price: ₹1,726
Revenue grows 8% YoY led by premiumization and broad-based demand recovery
EBITDA margin declines 230 bps to 11.7% due to commodity inflation and rupee depreciation
Adjusted PAT falls 8% YoY
Home entertainment revenue rises 20% YoY
Industry-wide price hikes underway to offset commodity cost pressure
Management expects cost pressures to ease as geopolitical conditions stabilize
May 22, 2026 10:29
Stock recommendation: Brokerages on Page Industries
Morgan Stanley on Page Industries
Maintain Overweight, Target price: ₹42,636
Management highlights meaningful improvement in consumption environment
Athleisure segment seeing strong recovery
Company aspires for double-digit volume growth in FY27
EBITDA margin guidance maintained at 19-21%
Further price hikes planned in Q1 to offset raw material inflation
Management says competitive intensity lower than a year ago
E-commerce remains a key growth lever for Jockey brand
HSBC on Page Ind
Hold TP Rs 38190
Strong Q4FY26 – revenue 8.6% above HSBCe, driven by c11% volume growth and product mix
Consumer sentiment improving and a revival occurred in athleisure; Page took a calibrated price hike in Q4FY26
Increase revenue estimates but trim margins due to input cost inflation
May 22, 2026 10:28
Stock recommendation: Brokerages on Honasa
CLSA on Honasa
O-P, TP Rs 434
reported revenue growth of 23% YoY (28% growth ex-change in accounting) 4%/6% ahead of our estimate/consensus. Volume grew 30% while its margin expanded more than 650bps YoY, leading to a beat on Ebitda of 19%/24% versus our estimate/consensus. Three things stood out for us. Fisrst, Mamaearth grew in the teens YoY and management expects double-digit growth to continue. Second, offtake growth in general trade and modern trade was up 30% YoY, a healthy sign of rising brand traction. Third, operating leverage, albeit on a soft base, helped Ebitda beat our estimate by more than 140bps. We think Honasa’s runway to scale brands via its focus categories and hero SKUs remains long. Execution of the Mamaearth turnaround continues to improve and we expect margin expansion to continue.
Jefferies on Honasa
Buy TP Rs 565
After going through the most challenging phase during distribution realignment, Honasa is firmly on a strong growth path.
Performance further improved in 4Q, with mid-teens growth at Mamaearth, continued strong momentum in younger brands, and margins reaching their highest-ever levels.
Guidance of high-teens revenue growth with 100bps annual EBITDA expansion implies a compounding story is in the making, which should bring investor focus back to the name.
May 22, 2026 10:28
Stock recommendation: Brokerages on Nykaa
Morgan Stanley on Nykaa
Maintain Overweight, Target price: ₹286
Q4 revenue and EBITDA rise 28% and 67% YoY respectively
Brokerage highlights strong beat on top line and margins
EBITDA margin improves 195 bps YoY to 8.4%
Beauty business margin improves 71 bps YoY
Fashion business turns EBITDA breakeven for the first time
Management says April and May trends remain strong
AI helping improve both topline growth and costs
Brokerage sees improving marketing efficiency in Fashion business
CLSA on Nykaa
O-P TP Rs 338
reported 28% revenue growth in 4QFY26 and its highest-ever Ebitda margin of 8.4%, up 195bps YoY, with Ebitda 8% above consensus. Beauty NSV grew 29% YoY with margin-accretive own brands up 54%, driving a +70bps Ebitda margin. Fashion saw 42% YoY NSV growth with Ebitda breakeven. Ebit missed our estimate due to higher-than-expected depreciation. We lower our FY27-28CL earnings estimates by 1%-2% on account of higher depreciation, but raise our target price from Rs328 to Rs338 to reflect faster sales growth. We expect Ebitda margin expansion to continue, driven by rising salience of own brands and operating leverage.
Jefferies on Nykaa
Buy TP raised to Rs 350
Continues to report strong growth across segments - beauty growth at >25% with highest-ever EBITDA margin; fashion reported continued acceleration, with break-even signalling mgmt. has cracked code; own brands continue to go from strength to strength
Medium-term outlook is quite positive, although mgmt. sounded a note of caution in context of a tough macro.
HSBC on Nykaa
Hold, TP Rs 273
Robust GMV performance continues (BPC +27%, Fashion 31%); House of brands continues to scale (c20% of BPC)
EBITDA margin up c180bp y-o-y, similar to Q3FY26, yet the quantum of expansion is expected to moderate
Strong growth, execution but demanding valuation (67x FY28e EV/EBITDA)
CITI on Nykaa
Sell, TP Rs 225
EBITDA was 3% ahead of our estimates (8.4%; Citi: 8.2%) on in-line contribution profits (+1% vs Citi) and lower fixed opex.
Fashion achieved operating b/e (in-line with guidance).
Overall, Revenue/EBITDA/EBIT growth at 28%/67%/129% YoY.
BPC reported in-line gross margins and contribution profits (+29% YoY on +27% revenue growth).
Nykaa has delivered a notable uptick in margin expansion in FY26 (6% to 7.5%) – driven by lower losses in fashion, uptick in BPC gross margins and operating leverage
May 22, 2026 10:27
Stock recommendation: Brokerages on ITC
Goldman Sachs on ITC
Maintain Neutral, Maintain target price: ₹330
Q4FY26 earnings not comparable YoY due to cigarette tax structure change
Brokerage expects peak earnings impact from cigarette tax hike in Q1FY27
Goldman Sachs estimates cigarette volume decline of ~8% and EBIT decline of ~17% in FY27
FMCG business growth accelerates to 15% YoY
FMCG EBITDA margin improves 200 bps YoY
Paper business EBIT margins recover on lower wood costs and anti-dumping duty benefits
Agri EBIT declines 29% YoY due to Middle East shipping disruptions
Brokerage expects agri headwinds to persist in near term
Morgan Stanley on ITC
Maintain Equal-weight, Target price: ₹346
Cigarette EBIT growth improves to 7.2% in Q4
FMCG revenue growth accelerates to 14% YoY excluding Sresta
FMCG EBITDA margin improves 200 bps YoY to 11%
Brokerage says operational environment could remain challenging after cigarette tax hike
Agri business revenue declines 16% YoY amid geopolitical disruptions
Morgan Stanley expects stock to remain range-bound near term due to uncertainty around cigarette volume growth
CLSA on ITC
O-P, TP Rs 394
Cigarettes Ebit grew 7.2% YoY in 4QFY26 and was 15% ahead of consensus. The quarter was marked by a significant increase in cigarette taxes, which likely led to channel filling and potential product mix changes due to pricing differentials, thereby impacting overall performance during the period. Cigarettes net revenue for the year grew 8.2% YoY. FMCG revenue other than cigarettes grew 15% YoY and was 2%/5% above our estimate/consensus.
CITI on ITC
Sell, TP Rs 290
4Q performance is not directly comparable with prior periods given mid-quarter changes in cigarette taxation
Estimate ~7% volume decline, driving the 24% drop in cigarette net revenues, reflecting: 1) strong January demand; 2) trade inventory stocking ahead of price hikes; and 3) demand slowdown thereafter following staggered price increases to offset higher taxes.
Reported cigarette EBIT growth of ~7% is also not comparable, as it appears supported by one-off inventory gains on pre-tax revision stock
Importantly, key structural uncertainties persist, particularly around price elasticity, demand sensitivity to successive price hikes, and potential downtrading to illicit products
Jefferies on ITC
Hold, TP Rs 350
Reported a strong 4Q, driven by cigarette performance
Impact of sharp tax hike was only partial, but 4Q also likely benefited from pipeline inventory around the cut-off date (JEFe).
However, real test is in 1QFY27, when impact of sharp tax hike will be visible, as price hikes are only partial while volumes & margins will be affected.
CITI on LIC
Buy, TP Rs 1475
4Q operational performance was strong, led by ~690 bps YoY expansion in VNB margin (~600 bps over CitiE) aided by higher non-par mix (YoY) and favourable yield curve led benefits in the swiftly growing non-par book.
EV compressed 3% over Sep’25 (+2% over Mar’25), largely led by elevated negative investment variance (almost similar impact between debt and equity for FY2026).
Management highlighted that the drop in net gain on FV change, as of Mar ’26, has largely (around 80%) been recouped till mid-May’26 providing comfort on EV recoup.
Management highlighted concerted efforts to sustainably drive improvement in persistency, product innovation, increase productivity of exiting agents, agent base augmentation, and higher business through non-agency.
Valuation remains benign with FY2027E projected core EV (ex-MTM EV) at levels higher than current market value.
Visibility on promoter holding structure is a key overhang even as operational performance remains sound.
Bernstein on LIC
Market Perform, TP Rs 900
Q4 saw healthy growth in top-line for LIC.
New sales grew +22%/+18% YoY in Q4/FY26 driven by strong non-par sales
Insurer saw continued margin uplift in FY26 aided by product mix shift (non-par) and favorable yield curve movements.
Management stated that margins could converge toward private peers level in medium-term, though acknowledged it will be a gradual process.
May 22, 2026 10:26
Technical call buy
Stock recommendations: Bernstein on Adani Group
Execution at scale to beat inefficient govt. run businesses
Share pledge and promoter holding- Healthy
Debt - not concerned
Debt Repayment & yields – comfortable
Valuations- no longer cheap, but some stocks still in line with peers
Adani Ports – Maintain Outperform with TP of Rs 1880
Adani Power – Maintain Outperform with TP of Rs 177
Ambuja – Maintain Market-perform with TP of Rs 542
Adani Green – Maintain Underperform with TP of Rs 864
Adani Ports - have strong pricing power, room to expand in the value chain and primarily govt. run in-efficient ports to compete with
Adani Power - effectively a 2-3 player market where equipment are a bottleneck and the company has blocked both Indian suppliers for years to come
Adani Green - no doubts on their strategic advantage with land-connectivity, but remain uncomfortable with the valuations
May 22, 2026 10:25
Share market live: LTM offers to acquire Randstad’s €469 million tech and consulting services business
LTM offers to acquire Randstad’s €469 million tech and consulting services business
LTM seeks to acquire Randstad’s €469 million tech and consulting services business, enhancing its market presence and AI capabilities.
May 22, 2026 10:24
Stock Market Live: DEE Development Engineers hits 52-week high, up 5%, despite lower Q4 net profit at Rs 20.27 crore
DEE Development Engineers stock hit the upper circuit of Rs 523.80 on the NSE, higher by 5%, also its fresh 52-week high.
It reported standalone net profit for the quarter ended March 2026 at Rs 20.27 crore compared to Rs 29.37 crore in the same quarter last year.
May 22, 2026 10:24
Stock in focus: LIC shares gain 5% after Q4 profit rises 23%, brokerages bullish
LIC shares gain 5% after Q4 profit rises 23%, brokerages bullish
Brokerages turned more bullish following the earnings announcement, citing sustained margin improvement, better product mix and attractive valuations
May 22, 2026 10:22
Stock market live: Equirus Securities on Dalmia Bharat Limited's acquisition of cement assets of JP Associates.
DALBHARA has announced acquisition of cement assets of JP associates from Adani group for Rs.28.5bn comprising of 4 units (1 IU, 2 GU and 1 Blending Unit). This implies an EV/t of 58$/t (on acquisition cost excluding refurbishment and efficiency cost of Rs. 5bn). Inclusive of such cost the implied EV/ton comes at 67$/t.
Why it is a good deal?
-We believe this acquisition to be beneficial for company as company gets access to newer markets at reasonable valuations.
-Dalmia already has 3 limestone mines near to 10 to 20 kms proximity to Rewa plant with estimated life of 8 to 10 years for existing lime stone reserves on 80% clinker utilisation.
- Jamuna Limestone Mines - 11.43MT reserve - 13Kms from plant.
- Pagra Jhiriya Limestone mines- 30.46MT reserves- 20Kms from plant
- Janardhanpur Limestone mines- 40.47MT reserves with 15kms from plant.
-We believe life of Kiln will not be an issue as Kilns can be used for many decades, if maintained well. With refractory replacements and replacement of part of kiln shell (if it gets damaged due to a refractory lapse) kilns have an undefined life. Orient Cem (Devapur) kilns have been operating since 1982. Challenge comes with efficiency of old kilns in terms of heat (ordered in & post 2011are estimated to have heat rate in the range of 674-680) and power consumption as newer kilns get better designed and are more efficient. But it doesn’t make the old kilns useless.
-Also, Dalmia earlier has successfully revived Murli plant in Maharashtra which was in much worse condition compared to JP assets (relatively better).
Details of Assets:
- Integrated Unit at Rewa (M.P) with total clinker capacity of 3.3MTPA and Grinding Capacity of 1.1MTPA.
- Grinding unit at Chunar (U.P) with 2.5MTPA capacity.
- Grinding Unit at Churk (U.P) with 1MTPA capacity.
- Blending Unit at Sadwa (U.P) with 0.6MTPA capacity.
-Out of 4 units company’s Rewa and Chunar units are equipped with own railway sidings and also have captive thermal capacity of 62MW and 37MW respectively. Churk plant has common railway siding with Adani Power.
-We believe other 2 Grinding units ((Chunar, Churk) and 1 Blending unit (Sadwa) will source clinker from Rewa plant.
- Chunar is located 194Kms from Rewa plant with its closest proximity to Varanasi market.
- Churk is 227kms from Rewa plant and is closest to Robatgunj market.
- Sadwa is 258kms from Rewa plant.
-DALBHARA with this transaction will mark its presence in Central region. Dalmia is 8th player entering the region.
-Post this acquisition, Dalmia’s total capacity will increase to 54.7MTPA and clinker capacity to 30.4MTPA. It can further raise grinding capacity at these units by 1.5 to 2 MTPA and 0.5 to 0.7 MTPA clinker capacity through debottlenecking.
-DALBHARA is likely to complete this acquisition in 2 weeks with mix of Debt and Internal accruals and expects commercial production from 2QFY27 (as it is familiar to assets due to tolling agreement earlier).
-We believe CCI clearance to not be an issue as earlier Dalmia was granted approval for same.
-Total refurbishment capex is expected at Rs.3bn over next 1 year and efficiency capex (including WHRS) of Rs.2.5bn.
-Apart from this other expansion of 12MTPA (3MTPA each at Pune and Belgaum & 6MTPA at Kadapa) remains on track reaching 66.7MTPA capacity by 3QFY28.
May 22, 2026 10:20
Share market live: Welspun Corp slips 3.5% after Q4 profit drops 47% YoY
Welspun Corp shares traded 3.5% lower at Rs 1,283.80 on the NSE, hitting a low of Rs 1,252.20 compared to the previous close of Rs 1,330.20.
It reported consolidated profit after tax for the quarter ended March 2026 at Rs 371.46 crore compared to Rs 699.19 crore in the same quarter last year.
Board recommended final dividend of Rs 5 per share.
Pertaining to capability enhancement of the mill at Anjar and (ii) coating capacity enhancement at Bhopal, the Board has taken note of the completion and operationalisation of both the aforementioned projects.
Board Approved sale of equity shares of Rs. 10/- each of “Clean Max Dhyuthi Private Limited” (“CleanMax”) representing 26% of the total paid-up equity share capital of CleanMax at a consideration of Rs. 760 Lakhs to Welpsun Living Limited (“WLL”), a promoter group company.
May 22, 2026 10:19
Stock market live: Bitcoin under pressure below $80,000 amid heavy ETF outflows: Giottus CEO
Vikram Subburaj, CEO, Giottus
May 22, 2026
Bitcoin traded near $77,500-$78,000 on May 22, after slipping to nearly $76,700 earlier in the week. The move was not a routine correction. It came after about $1.34 billion of US spot Bitcoin ETF outflows across 5 trading sessions from May 15 to May 21.
The ETF sequence explains the pressure better than price charts alone. Flows were -$290.4 million on May 15, -$648.6 million on May 18, -$331.1 million on May 19, -$70.5 million on May 20, and +$2.8 million on May 21. A single positive day of $2.8 million does not repair four prior sessions of institutional selling.
Bitcoin now has immediate support near $76,500-$76,700. A break below that band can expose $75,000. Resistance is visible at $78,000-$80,000. A close above $80,000 is needed before the market can claim that ETF selling pressure has been absorbed.
The macro calendar gives allocators a reason to stay cautious. The next US CPI release is due on June 10, 2026. The next FOMC meeting is scheduled for June 16-17, 2026. That meeting also carries a fresh Summary of Economic Projections.
The near-term macro risk is not abstract. April CPI, released on May 12, was reported at 3.8% year-on-year. US 10-year Treasury yields were around 4.6% this week. Higher yields reduce the urgency for institutions to add volatile assets before the Fed gives clearer guidance in June.
Oil risk also matters because inflation is still the market’s main rate trigger. Bitcoin’s May low came amid Iran-related geopolitical concerns and higher Treasury yields. A fresh oil spike before the June 10 CPI print would weaken the case for early easing and keep crypto liquidity defensive.
On-chain data gives a more balanced reading than ETF flows. Analysts’ desks said long-term holders added 80,000 BTC during the week and that Bitcoin’s sell-side risk ratio fell to its lowest level since October 2023. That means the weak price action is being driven more by short-term and ETF-linked selling than by long-term holder capitulation.
The True Market Mean is also important near this zone. Analysts placed the level near $78,100. With Bitcoin moving around $77,500-$78,000, the market is testing a live investor cost-basis band rather than trading far below its broader realised-cost structure.
Altcoins are confirming the same defensive setup. Ethereum traded near $2,118-$2,135 after falling about 12% from levels above $2,400 earlier in May. Solana was near $87-$94 across recent market snapshots. XRP had weakened from around $1.45 on May 13 to roughly $1.36-$1.37 by May 22. TRON stayed comparatively resilient near $0.35-$0.365.
Our advice: Bitcoin is not being abandoned at $77,500. It is being repriced by institutions after $1.34 billion of ETF outflows and before 2 major June macro events. The next confirmation will come from ETF flows first, the $80,000 resistance second, and the June 10-17 US macro window third. Investors should stagger entries near support, avoid leverage below $80,000, and treat any fall below $76,500 as a risk-control signal.
May 22, 2026 10:18
Stock market live: Nifty faces resistance near 23,800; bearish flag pattern persists: Akshay Chinchalkar
Akshay Chinchalkar, Managing Partner and Head of Markets Strategy, The Wealth Company
“ Talking domestic stocks, and the nifty ended ended 4 points down at 23655. What was interesting was that this represented a 0.9% drop from its intraday highs. Despite the market ending lower, the India VIX fell 3.4%. The front-month nifty and bank nifty saw long liquidation. Mid- and small-caps finished mixed. The NSE 500 saw three stocks gain for every two that fell. Six of the main NSE sectors fell, with IT stocks becoming the worst performers as they declined 0.6%. Realty stocks performed the best as they gained 1%. Technically speaking, yesterday’s opening surge yet again ran into the familiar former-support-turned-resistance area near 23800 and reversed. As we have been saying, unless bulls are able to send the market beyond this level on a daily closing basis, the near-term sideways to down price action will likely continue. Support remains anchored in the 23100 - 23300 zone. The current consolidation has the look of a potential “bearish flag “.
Now, coming to flows, based on provisional data, foreigners withdrew around 1891 cr while domestic players invested 2492 cr.
Speaking index options positioning, foreigners and prop traders flipped to bearish, while retail investors turned bullish.”
May 22, 2026 10:16
Stock Market Live: Dalmia Bharat rises 2% to Rs 1,783.70 on acquisition of cement assets from Jaiprakash Associates
Dalmia Cement (Bharat) Ltd, a wholly owned subsidiary of Dalmia Bharat Ltd, announced the execution of a Business Transfer Agreement to acquire cement assets previously held by Jaiprakash Associates Ltd (”JAL”), which was recently acquired by the Adani Group under the Insolvency & Bankruptcy Code (IBC) framework.
Dalmia Bharat shares up 2% on the NSE to Rs 1,783.70
May 22, 2026 10:16
Stock Market Live: Central Bank of India drops 6% to Rs 31.96 as government begins stake sale via OFS
Central Bank of India shares fell 6% to Rs 31.96 on the NSE. The Government initiated the process to divest its stake in Central Bank of India via an Offer for Sale (OFS).
May 22, 2026 10:15
Sensex now: Sensex up 452 pts, Nifty rises 118 pts in morning trade
Sensex gained 451.85 pts or 0.60% to 75,635.21 at 10.07 am, Nifty 50 rose by 117.85 pts or 0.50% to 23,772.55.
May 22, 2026 10:14
Stock Market Live: Seamec off-hires barge “SEAMEC GLORIOUS” after completing L&T charter
Seamec Ltd informed that Barge “SEAMEC GLORIOUS” has been off hired with effect from May 22, 2026 at 00:00 hrs, after completion of the Charter with M/s. Larsen & Toubro Limited.
May 22, 2026 10:13
Stock Market Live: Mtar Technologies surges 6% to Rs 8,432 on $48.7 million (Rs 467 crore) order win
Mtar Technologies has received a Purchase orders valued at USD 48.68 million at an exchange rate of Rs. 96.00/- (Rs. 467.30 Crores).
Shares traded at Rs 8,432 on the NSE, higher by 6%
May 22, 2026 09:55
Stock Market Live: VA Tech Wabag jumps 4% on strong Q4 profit; bags Delhi wastewater treatment plant order
VA Tech Wabag shares rose over 4% in early trade to Rs 1,471.50 on the NSE, following a 28.6 per cent growth in consolidated net profit in Q4FY26.
WABAG secures Design, Build and Operation Order for the State-of-the-Art Wastewater Treatment Plant in Delhi
May 22, 2026 09:55
Stock Market Live: Paytm falls 3% to Rs 1,117.70 after block deal
One 97 Communications (Paytm) shares traded 3% lower at Rs 1,117.70 on the NSE following a block deal.
May 22, 2026 09:52
Q4 results: Reliance Power reports ₹494 crore loss in March quarter
Reliance Power reports ₹494 crore loss in March quarter
Reliance Power reports a ₹494 crore loss for Q1, with total income declining and plans to raise ₹6,000 crore.
May 22, 2026 09:43
Companies
Stock Market Live: LTM down 1% at Rs 4,052.60; offers to acquire Randstad’s tech and consulting business in Europe, Australia
LTM has issued an offer to acquire Randstad s Technology and Consulting Services business in Europe and Australia to scale domain-driven solutions and AI services
Shares traded at Rs 4,052.60 on the NSE, down over 1%
May 22, 2026 09:42
Companies
Share Market Live: Transformers and Rectifiers jumps 2% to Rs 312.35 on Rs 228 crore order win
Transformers And Rectifiers (India) has secured Order of Rs. 228.26 Crore.
Shares up 2% on the NSE to Rs 312.35.
May 22, 2026 09:42
Companies
Stock Market Live: Fujiyama Power Systems steady at Rs 265; board approves 1.2 GW solar cell unit at Ratlam plant
Fujiyama Power Systems board has approved the proposal for setting up a 1.2 GW TopCon solar cell manufacturing facility at its Ratlam Plant in Madhya Pradesh.
Shares flat at Rs 265 on the NSE.
May 22, 2026 09:42
Stock Market Live: Suzlon rises 1% to Rs 53.43 on 195 MW Sunsure Energy order; 3 MW platform sales near 9 GW
Suzlon 3 MW platform sales reach nearly 9 GW with a new 195 MW order from Sunsure Energy
Shares up 1% on the NSE to Rs 53.43.
May 22, 2026 09:41
Stock market live: Max Healthcare shares fall 6%, lead Nifty 50 losers after Q4 earnings
Max Healthcare shares fall 6%, lead Nifty 50 losers after Q4 earnings
Max Healthcare shares drop 6% after Q4 earnings report shows modest profit rise amid margin pressures and expansion plans.
May 22, 2026 09:36
Opening bell: Nifty holds steady as defence rallies, FIIs stay wary
Nifty holds steady as defence rallies, FIIs stay wary
Nifty remains stable as defence stocks rise, while FIIs remain cautious amid mixed global cues and market volatility.
May 22, 2026 09:35
Quarterly results
Share market live: Manali Petrochemicals Ltd consolidated Q4 profit more than doubles on exceptional gain

Manali Petrochemicals Ltd consolidated Q4 profit more than doubles on exceptional gain
Manali Petrochemicals Ltd reports over double Q4 profit to ₹29 crore, boosted by exceptional gains from divestments.
May 22, 2026 09:34
Commodities
Commodities update: Crude oil futures fall as US sees ‘encouraging signs’ in talks with Iran

Crude oil futures fall as US sees ‘encouraging signs’ in talks with Iran
Crude oil futures decline as US-Iran talks show progress, impacting market sentiment and prices.
May 22, 2026 09:24
Stock Market Live: ITC slips 1% to Rs 304 despite 5% rise in Q4 net profit to ₹5,113 cror
ITC shares traded 1% lower at Rs 304 level, hitting a low of Rs 303.30 compared to the previous close of Rs 308.05.
Company reported a4.89 per cent year-on-year increasein its standalone net profit in Q4FY26 to ₹5,113.36 crore
Q4 Results 22nd May Live: Sun Pharma, Hindalco, Eicher Motors, Torrent Pharma, NTPC Green, Fortis Healthcare, Colgate, 3M India, Ramco Cements to announce Q4 results, ITC, LIC, GAIL, Emami, Max Health, JSW Cement, WeWork in focus
Q4 Results Today, 22nd May 2026 Live Updates: Find all the latest Q4 results 2026 updates of 20 Microns, 3M India, Saven Technologies, Aelea Commodities, Aditya Spinners, Adroit Infotech, Advani Hotels & Resorts (India), Agarwal Fortune India, Agio Paper & Industries, AG Ventures, Ajcon Global Services, All Time Plastics, Almondz Global Securities, Alphalogic Techsys, Alufluoride, AMS Polymers, Antariksh Industries, Anand Rayons, Arrow Greentech, Ascensive Educare, Ashiana Agro Industries, Ashirwad Steels & Industries, Add-Shop ERetail, Bacil Pharma, Balgopal Commercial, Balkrishna Paper Mills, Ballarpur Industries, Belding India, Binny Mills, Birla Cable, Birla Capital & Financial Services, Birla Cotsyn (India), Birla Precision Technologies, Birla Transasia Carpets, Bansal Roofing Products, Ceenik Exports India, Centerac Technologies, Century Plyboards (India), Concord Enviro Systems, CG Vak Software & Exports, Chartered Logistics, Colgate Palmolive (India), Crest Ventures, DAM Capital Advisors, Dhanlaxmi Cotex, Eicher Motors, EIH Associated Hotels, Elegant Floriculture & Agrotech India, Ellenbarrie Industrial Gases, Electronics Mart India, Euro Panel Products, Eurotex Industries and Exports, Excel Industries, Excelsoft Technologies, Faze Three, Fortis Healthcare, Ganesh Consumer Products, GHV Infra Projects, Gini Silk Mills, Godavari Biorefineries, Gokaldas Exports, Greenlam Industries, Gujarat State Fertilizers & Chemicals, Galaxy Supermarket, Gulshan Polyols, Hariom Pipe Industries, HB Leasing & Finance Company, HB Stockholdings, Healthy Investments, Hemadri Cements, H.G. Infra Engineering, Hindalco Industries, HRS Aluglaze, IITL Projects, Indigo Paints, Indobell Insulations, Industrial & Prudential Investment Company, IRCON International, Jayatma Industries, Jindal Drilling & Industries, Jubilant Pharmova, KDJ Holidayscapes and Resorts, Kuberan Global Edu Solutions, Khazanchi Jewellers, Kolte-Patil Developers, Koura Fine Diamond Jewelry, Kovai Medical Center & Hospital, KSR Footwear, Kumbhat Financial Services, Lehar Footwears, Libord Finance, Maharashtra Seamless, Manaksia Steels, Manomay Tex India, Mapro Industries, Marsons, Max Estates, Modern Steels, Mid India Industries, Medico Intercontinental, Minda Corporation, Milkfood, Modern Dairies, Modison, Modulex Construction Technologies, Morepen Laboratories, Motisons Jewellers, Mukta Arts, Multibase India, Manoj Vaibhav Gems N Jewellers, National Fittings, Natraj Proteins, Info Edge (India), Navkar Urbanstructure, Next Mediaworks, Narayana Hrudayalaya, NR International, NTPC Green Energy, Oswal Leasing, Paramount Communications, Patel Chem Specialities, Pudumjee Paper Products, Pix Transmissions, Paradeep Parivahan, Prabha Energy, Prakash Industries, Precision Camshafts, Prostarm Info Systems, Quint Digital, The Ramco Cements, The Ravalgaon Sugar Farm, Raw Edge Industrial Solutions, Regent Enterprises, Remsons Industries, Roopshri Resorts, RR MetalMakers India, RSC International, Revathi Equipment India, S&S Power Switchgear, Sal Automotive, Sam Industries, Santosh Fine Fab, S Chand and Company, Sealmatic India, Sera Investments & Finance India, Shilpa Medicare, Shrydus Industries, Shyam Century Ferrous, Shantidoot Infra Services, SK Minerals & Additives, SKM Egg Products Export (India), Shukra Bullions, Sarthak Metals, SMS Pharmaceuticals, Sri Chakra Cement, Star Cement, Star Imaging And Path Lab, Sun Pharmaceutical Industries, Swadeshi Polytex, Swiss Military Consumer Goods, Swojas Foods, Syncom Formulations India, Talbros Engineering, Tarsons Products, TCC Concept, Thinkink Picturez, Tiaan Consumer, Tinna Rubber and Infrastructure, Torrent Pharmaceuticals, Transoceanic Properties, Trigyn Technologies, Trualt Bioenergy, TTK Prestige, TVS Electronics, Unichem Laboratories, Unijolly Investments Company, Unishire Urban Infra, Vandan Foods, Shri Vasuprada Plantations, Velan Hotels, Viceroy Hotels, Vikran Engineering, Vippy Spinpro, Vishal Bearings, Vivid Global Industries, Voltaire Leasing & Finance, VTM, Welspun Investments and Commercials, West Leisure Resorts, Wisec Global, Yatra Online, and Zee Learn. ITC, LIC, GAIL, Emami, Max Health, JSW Cement, WeWork and more in focus Stay tuned for more from businessline
May 22, 2026 09:12
Commodities Market Live: Crude oil slips globally on Iran deal hopes; MCX crude futures edge higher in early trade
Crude oil futures traded lower on Friday morning after the US said there were ‘some encouraging signs’ of a possible deal with Iran. At 9.08 am on Friday, July Brent oil futures were at $104.24, down by 0.66 per cent, and July crude oil futures on WTI (West Texas Intermediate) were at $97.50, down by 0.51 per cent. June crude oil futures were trading at ₹9406 on Multi Commodity Exchange (MCX) during the initial hour of trading on Friday against the previous close of ₹9342, up by 0.69 per cent, and July futures were trading at ₹9125 against the previous close of ₹9042, up by 0.92 per cent.
May 22, 2026 09:11
Top technical indicators for today's trade
* Nifty 50 trading at 23,775, up 0.5 per cent
* Nifty futures trading at 23,780, up 0.7 per cent
* Key resistance level: 23,800
* Immediate upside target: 24,100
* Stronger downside support: 23,350
* Suggested trading range: 23,600–24,100
* Trading strategy bias: Positive above 23,800 breakout level
* Immediate support: 23,600
May 22, 2026 09:04
Debt Market live: India bonds seen choppy as market eyes debt sale amid rate hike fears; RBI dividend to support
India bonds seen choppy as market eyes debt sale amid rate hike fears; RBI dividend to support
Indian bonds face volatility amid debt sale and rate hike concerns, with RBI's dividend expected to provide fiscal support.
May 22, 2026 08:53
Share market live: RailTel confirms termination of ₹26.7 crore order amid surge in raw material costs
RailTel Corp
-Confirmed the termination of an Rs 26.7 crore order, citing that it could not execute the work due to a steep price increase in OFC and HDPE pipes caused by the ongoing war crisis.
May 22, 2026 08:52
Share market live: Tatva Chintan sees semiconductor chemicals business scaling up by FY29
Some patience this! (Tatva Chintan Pharma Concall)
-Co working on semiconductor chemicals business for 8-9 years
-Have reached validation stage, commercial scale expected by 2028-29
May 22, 2026 08:52
Share market live: AI boom to drive sharp rise in US data centre power demand: Goldman Sachs
-Goldman Sachs has predicted that data centres will account for 8.5% of America’s peak power demand in 2027, up from 4.1% in 2025. That means AI’s impact may show up not just in offices, but in electricity grids, land prices and energy costs
May 22, 2026 08:51
Share market live: Key conflict-led developments
Reuters reported Thursday, citing sources, that Iran’s supreme leader ordered enriched uranium to remain in the country, potentially complicating the prospect for a resolution to the U.S.-Iran war. Iran said the latest US proposal partly bridged the gap between the warring sides, but comments from the Supreme Leader clouded the outlook for a breakthrough. Investors will closely monitor energy developments after the International Energy Agency’s chief cautioned Thursday that the oil market could enter the “red zone” by July as inventories dwindle ahead of the peak summer travel season.
May 22, 2026 08:50
Stock market live: Global News flow
-US futures rise slightly after green day in trade
-Asia-Pacific markets trade higher as investors assess U.S.-Iran peace deal diplomacy
-Oil rangebound, trading below $99/bbl
-Iran reviews U.S. peace proposal as Trump says he’s willing to wait ‘a few days’
May 22, 2026 08:49
Stock market live: Global bits
United States: Rising Treasury yields, AI-led banking expansion, and optimism over US-Iran talks supported markets.
India: Slower growth, RBI support, strong consumer profits, and rising AI-driven hiring shifts highlighted mixed economic momentum amid Middle East tensions.
Japan: Inflation cooled to a four-year low while semiconductor stability and energy-related rebound expectations remained in focus.
China: China boosted solar exports, expanded energy extraction, tightened beef imports, and attracted hedge fund interest in AI and youth consumption themes.
Singapore: Digital Edge secured major funding to accelerate Asia-Pacific digital infrastructure expansion.
Indonesia: Export-control concerns, commodity pricing reviews, and regional energy JV approvals shaped Indonesia’s economic outlook.
Malaysia: Malaysia strengthened regional energy cooperation through the Eni-Petronas joint venture restructuring.
South Korea: South Korea advanced FX market reforms while Samsung’s labor agreement eased strike risks.
Sri Lanka: Middle East conflict disruptions weakened Sri Lanka’s tea exports and added economic strain.
Brazil: Brazil progressed toward farmer debt restructuring to stabilize its agricultural sector.
Ukraine: Ukraine moved to restore key energy infrastructure ahead of planned state asset sales.
Hungary: Hungary signaled upcoming tax reforms as broader European investor sentiment stayed positive.
Mexico: Mexico attracted $200 million in Dutch agricultural greenhouse investments.
Egypt: Investors increased gold purchases in Egypt amid global market volatility and safe-haven demand.
Source: Reuters
May 22, 2026 08:49
Stock market
Stock market live updates: Nifty seen range-bound with resistance near 23,900: ThinCredBlu Securities
Gaurav Udani, Founder -ThinCredBlu Securities - Nifty is expected to open flat to slightly positive around 23,670, up nearly 20 points, indicating a muted start as the index continues to trade within a narrow range.
Technically, the market remains stuck between key levels, with 23,800–23,900 acting as a strong resistance zone and 23,300–23,400 providing immediate support.
The inability to decisively cross resistance or break support suggests that traders are waiting for a stronger trigger before taking directional positions.
A breakout on either side is likely to decide the next trend, while until then, the market may continue to witness range-bound and volatile moves.
Traders should remain cautious, avoid aggressive trades near the middle of the range, and focus on confirmation before initiating fresh positions.
May 22, 2026 08:17
Q4 results: D. P. Abhushan Q4FY26 PAT jumps 101% YoY to Rs 51 Crore
DP Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161), a company marking golden legacy of 86 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 12 different geographics in India, announced its financial results for the fourth quarter and full year ended 31st March 2026.
Q4FY26 Highlights
· Profit After Tax (PAT) for Q4FY26 jumped to ₹50.60 crore, up 101 % as against ₹25.15 crore in the corresponding quarter of the previous financial year.
· Total Revenue for the quarter surged to ₹1,338.89 crore, rising by 87 % from ₹717.64 crore in Q4 FY2024-25, reflecting strong consumer demand and the continued expansion of the Company’s retail network.
FY26 Highlights
· Profit After Tax (PAT) rose 88% YoY to ₹212 crore as against Rs 113 crore in FY26
· Total Revenue for FY26 grew 23% YoY to ₹4,070 crore as compared to Rs 3312 crore in the same period of last year, reflecting resilient performance and healthy demand across stores.
Business Highlights
Following the successful launch of its second showroom in Ratlam earlier this year, D. P. Abhushan Limited further strengthened its Central India presence with the inauguration of a new showroom in Dhar, Madhya Pradesh, taking the total showroom count to 12.
Accelerating Omni-Channel Capabilities to Expand Customer Reach (E-commerce website launched www.dpjewellers.com, mobile app in final testing phase, and active expansion across leading online marketplaces).This initiative is expected to expand digital reach, strengthen customer engagement, and support revenue growth through an integrated omni-channel strategy, in line with the Company’s focus on technology-led customer experience.
Launched ‘DP Swarn Plus’, a structured gold accumulation scheme designed to enhance customer affordability and convert savings into advance-booked jewellery purchases, thereby strengthening demand visibility in a high gold price environment.
Initiated utilizing Gold Metal Loans (GML) and hedging strategies to manage gold price volatility and protect margins.
Footfall Conversion ratio remained at 82%
May 22, 2026 08:13
Share market live: Morgan Stanley on Titan Company Ltd: The Golden Compounder
Recent concerns around potential regulatory restrictions have overshadowed Titan’s strong operating performance. We believe Titan is well placed to navigate any near-term challenges, with earnings visibility intact. Current levels offer an attractive entry opportunity. New Top Pick.
...offering a compelling entry opportunity: The stock is trading at 54x 12-month fwd P/E, below its 5Y and 3Y average of 67x and 65x, respectively. With core business fundamentals intact, we think this could be an opportune moment to own a consistent and predictable business. In the event of any restrictions on gold supply availability, we believe the stock could go to ~Rs3,500 implying ~15% downside from current levels - still above our Bear case as we think any restrictions are unlikely to affect long-term growth.
Revised PT of Rs5,182 (Rs5,212 previously): We lower our F27-F29 earnings by 4- 5%, as we lower F27 Tanishq, Mia and Zoya revenue growth to 18% (vs 20% earlier) to adjust for the custom duty hike announced.
May 22, 2026 08:12
Share market live: Folks Funds Appoints Gaurav Kumar Tiwari as Principal to Strengthen India’s First ESG-Led Category II AIF Platform
The appointment supports Folks Funds’ ambition to create supply chains as an investable asset class for institutional investors, domestic HNIs and UHNIs, while channelising long-term capital into India’s new energy economy
New Delhi, 21st May: Folks Funds, India’s first ESG-led Category II Alternate Investment Fund focused on transition-linked real assets, has announced the appointment of Gaurav Kumar Tiwari as Principal. The appointment marks an important step in Folks Funds’ next phase of growth, as the firm strengthens its investment platform focused on creating supply chains as an asset class and building an ESG-aligned capital markets layer for India’s energy transition economy.
Folks Funds is part of the broader Folks Corporation ecosystem, which brings together Folks Motor, Folks Finance, Folks Funds, Folks Federation and Folks Foundation into one integrated platform across physical assets, credit, capital markets, sovereign partnerships and ecological impact. The group’s larger thesis is built around creating a full-stack transition ecosystem where assets, finance, institutional capital and policy alignment compound together to accelerate India’s green economy.
India’s transition towards cleaner mobility, energy storage, industrial decarbonisation, advanced manufacturing and climate infrastructure is creating a significant capital allocation opportunity. However, the real challenge lies in building investable, scalable and institutionally governed assets that can absorb long-term domestic and global capital. Folks Funds is addressing this gap by structuring supply chains, transition assets and green infrastructure opportunities into an investable platform for institutional investors, domestic HNIs and UHNIs.
May 22, 2026 08:11
Commodities
Commodities: OIL: THE GREAT TUG OF WAR
By Norbert Rücker, Head Economics and Next Generation Research, Julius Baer
Observing the oil market feels like watching a tug of war tournament. Escalation concerns have dissipated again, and trade through Hormuz shows some signs of life. While the dealmaking aspirations of the United States and Iran remain fogged, bilateral agreements between oil sellers, oil buyers, and Iran might explain the Hormuz traffic pickup. Politics aside, the oil market has moved past the initial shock reaction and has settled in a regime of deficit absorption by inventory draws. There is breathing room to deal with the supply shock beyond the summer. Our views are unchanged; the current crisis should follow the historical pattern of a short-lived but intense price shock.
May 22, 2026 08:10
Stock market updates: BPCL Strengthens Fuel Supply Continuity Across India’s Smaller Towns and Regional Markets Amid Demand Surge
Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and a Maharatna PSU, today said that it has intensified fuel supply and distribution operations across smaller towns, semi-urban markets and regional geographies to ensure uninterrupted availability of petrol and diesel amid the recent rise in demand witnessed across parts of the country.
While metropolitan centres continue to remain adequately supplied, BPCL said special operational focus has also been placed on maintaining seamless supplies across Tier-2, Tier-3 and remote markets, where localised demand spikes and precautionary buying tendencies have been observed in recent days.
The company stated that the current increase in fuel demand has been driven by multiple market factors, including higher diesel consumption during the ongoing harvesting season, increased customer preference towards PSU retail outlets in certain markets, as well as shifts in purchasing patterns across customer segments amid prevailing market conditions.
BPCL’s integrated supply chain network — comprising refineries, terminals, depots, transport logistics and retail outlets — continues to operate efficiently, supported by round-the-clock monitoring and enhanced coordination between regional teams and field operations.
May 22, 2026 08:09
Share market live: ICICI Lombard launches 30-minute roadside assistance service in 8 metro cities
ICICI Lombard has launched ‘Service Assure’, one of the industry’s first roadside assistance commitments promising support within 30 minutes for private car customers across eight metro cities — Mumbai, Delhi, Bengaluru, Chennai, Hyderabad, Kolkata, Pune and Ahmedabad.
The offering has been introduced under the company’s IL Smart Assist (Road Side Assistance) service and aims to provide faster assistance during vehicle breakdowns or accidents.
The release highlights:
* 30-minute roadside assistance commitment across 8 metro cities
* Real-time customer location confirmation and technician assignment
* Additional customer support benefits in case of service delays
May 22, 2026 08:08
Share market live: Eurobank enables Greece-India UPI remittances:
Rohit Mahajan, Founder & CEO, plutos ONE
India is steadily emerging as a global leader in digital payments, and the government’s continued focus on building world-class digital public infrastructure is now creating impact beyond national borders. Eurobank enabling Greece–India UPI remittances reflects how India’s vision for seamless cross-border payments is gaining global recognition. The government’s push toward innovation and international payment partnerships has strengthened faster, secure, and more accessible remittance ecosystems. The momentum behind UPI continues to grow, April 2026 recorded 22.35 billion transactions, marking 25% year-on-year growth, with transaction value touching ₹29.03 lakh crore. Such cross-border collaborations can reshape global money movement while reinforcing India’s position as a key driver of the future digital economy.
May 22, 2026 08:08
Quarterly results
Q4 results: Finkurve Financial Services Reports Robust FY26 Growth; AUM Surges 149% YoY and Q4 PAT Grows 105%
Finkurve Financial Services Limited (NSE: FINKURVE; BSE: 508954), one of the leading tech-first gold loan NBFCs, announced its audited financial results for the quarter and financial year ended March 31, 2026.
The Company reported strong growth across key business and financial parameters during FY26, driven by continued expansion of its technology-led phygital strategy, branch network growth, and increasing customer adoption across markets. During the year, Finkurve crossed the significant milestone of INR 1,000 crore in Assets Under Management (AUM), underscoring its growing presence in India’s secured lending ecosystem.
Business Highlights: Q4 FY26
Finkurve continued to witness strong growth momentum during FY26, with Assets Under Management (AUM) growing 149% YoY to INR 1,096.1 crore, including off-book AUM of INR 21.03 crore, while AUM has grown nearly 10x compared to FY23. The Company expanded its branch network from 73 to 105 branches across India, with active gold loan customers standing at 28,506 as of March 31, 2026. During the year, Finkurve also raised approximately INR 111.5 crore to support expansion and strengthen its technology-led phygital strategy.
The Company achieved several strategic milestones during FY26, including the listing of its shares on the National Stock Exchange, crossing 100 tech-enabled gold loan branches, and expanding into South India with the launch of its first branch in Chennai. The Board also approved the appointment of Naveen Kottala as Chief Executive Officer effective November 18, 2025. Further, Finkurve entered into a strategic co-lending partnership with Godrej Finance Limited under RBI’s co-lending framework, while Infomerics and CARE Ratings assigned/upgraded the Company’s rating to ‘BBB+ / Stable’.
Financial Highlights: Q4 FY26
Finkurve reported a strong financial performance during Q4 FY26, with total income rising 71.21% YoY to INR 69.21 crore and Net Interest Income (NII) increasing 36.87% YoY to INR 47.44 crore. Profit Before Tax (PBT) grew 98.66% YoY to INR 10.42 crore, while Profit After Tax (PAT) increased 105.46% YoY to INR 8.04 crore. Basic EPS for the quarter stood at INR 0.58 compared to INR 0.31 in Q4 FY25.
The Company continued to maintain healthy asset quality and liquidity, with Gross NPA at 0.13%, Net NPA at 0.09%, and Capital Adequacy Ratio at 30.96%. Cash and cash equivalents stood at INR 102.12 crore, representing 8.28% of total assets.
May 22, 2026 08:07
Q4 results: Indo Borax Q4 profit jumps 42%; board announces ₹40 per share dividend
Indo Borax and Chemicals Ltd (BSE: 524342; NSE: INDOBORAX), India’s leading manufacturer of boron-based chemicals, today announced its audited financial results for the fourth quarter and full year ended March 31, 2026.
Q4FY26 results
The company delivered a robust performance, clocking operating revenues of Rs. 63.01 crore in Q4FY26, representing a 25.7% increase over Q4FY25. EBITDA for the quarter was up 25.7%, while net profit improved by 41.9%. The Company delivered a strong performance in Q4FY26, supported by robust execution, improved capacity utilisation, and higher realisation amid steady orders across domestic markets. The scale and efficiency play led to improved margins at both EBIDTA and PAT levels for the quarter. The company’s EPS stood at Rs. 4.53 for the quarter under review.
FY26 results & highlights
The company’s FY26 operating revenues registered an 22.9% increase to Rs. 215.45 crore – as compared to Rs. 175.26 crore in FY25. The company’s EBIDTA and PAT margins stood at 20.5% and 21.8%, respectively, reflecting sustained efforts to maintain them amid uncertain geopolitical conditions. The company continued to expand its clientele and, with improved capacity utilisation, addressed the higher demand for its products. The company’s capacity utilisation for FY26 also improved, owing to plant-balancing initiatives undertaken during the year.
Final and special dividend
The Board of Directors also announced a final dividend of Rs. 10 per equity share (Face value of Re. 1 each) – amounting to 1000%- citing growth in performance, near-zero debt, and healthy reserves at the company.
Owing to the recent change in the company’s management, several efficiency-enhancing measures unlocked value from certain non-core assets, resulting in an additional, one-time reward (special dividend) of Rs. 30 per equity share (amounting to 3000%) for shareholders.
The company is committed to a stated dividend policy to sustain future value creation.
May 22, 2026 07:56
Share market live: US looking forward to trade pact with India: Gor
US looks to finalise trade pact with India: Sergio Gor
US envoy Sergio Gor says India-US trade deal could be finalised soon, aiming to boost market access, investments, supply chains and bilateral trade growth.
May 22, 2026 07:47
Quarterly results
Q4 results: Dr Agarwal’s Health Care Q4 profit rises 17% as revenue, surgeries grow strongly
Dr. Agarwal’s Health Care Limited India’s largest eye care service chain operating a network of 288 Facilities across 10 countries, today announced its audited consolidated financial results for the quarter and twelve months ended March 31, 2026.
Highlights of the Quarter Ended March 31, 2026 (Q4 FY2026)
As of March 31, 2026, our network stands at 288 facilities, with 19 new centers added during the quarter comprising of 7 secondary and 12 primary facilities
Performed 84,962 surgeries in Q4 FY2026, growth of 23.6% YoY
Total Income of INR 577 Crores; growth of 21.2% YoY
Revenue from Operations of INR 564 Cr; growth of 22.6% YoY
Revenue from Operations – India of INR 505 Cr, growth of 22.1% YoY
Revenue from Mature Facilities of INR 420 Cr, growth of 30.5% YoY
Sale of Services contributed 77.5% and Sale of Products contributed 22.5% to revenue from operations
EBITDA of INR 174 Cr, growth of 18.9% YoY with EBITDA margins of 30.2%
Profit after Tax of INR 50 Cr, growth of 17.4% YoY with profit after tax margins of 8.7%
Highlights for the Twelve Months Ended March 31, 2026 (12M’FY2026)
As of March 31, 2026, our network stands at 288 facilities, with 57 new centers added during the year comprising of 1 tertiary, 29 secondary and 27 primary facilities
Performed 323,245 surgeries in 12M’FY2026, growth of 14.5% YoY
Total Income of INR 2,125 Crores; growth of 20.9% YoY
Revenue from Operations of INR 2,080 Cr; growth of 21.6% YoY
Revenue from Operations – India of INR 1,871 Cr, growth of 21.7% YoY
Revenue from Mature Facilities of INR 1,632 Cr, growth of 35.3% YoY
Sale of Services contributed 78.4% and Sale of Products contributed 21.6% to revenue from operations
EBITDA of INR 614 Cr, growth of 22.2% YoY with EBITDA margins of 28.9%
Profit after Tax of INR 168 Cr, growth of 52.4% YoY with profit after tax margins of 7.9%
May 22, 2026 07:42
Quarterly results
Q4 results: Bikaji Foods International Limited Reports Robust Q4FY26 performance; PAT grew by 39.8 % YoY to INR 560 mn and Revenue rises 18.0 %
Bikaji Foods International, India’s leading ethnic snacks and packaged foods company, today announced its Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026, reporting a robust operational and financial performance driven by sustained momentum across core categories, distribution expansion, premium portfolio growth and continued traction across emerging channels.
Financial Overview
Q4FY26 Financial Performance Summary:
Revenue from operations grew by 18.0 % YoY to INR 7,209 mn, supported by healthy volume growth and deeper market penetration
Volume growth stood at 16.1 % YoY
EBITDA stood at INR 877 mn with EBITDA margin of 12.2 %
Profit After Tax (PAT) increased by 39.8 % YoY to INR 560 mn
Earnings per share (EPS) stood at INR 2.25
Q4FY26 Business Segments Review:
Ethnic Snacks: Revenue grew by 16.1 % YoY; contributed approximately 73.8% of overall revenue
Packaged Sweets: Revenue grew by 14.4 % YoY
Western Snacks: Revenue grew by 8.6 % YoY
Papad: Revenue grew by 11.6 % YoY
FY26 Financial Performance Summary:
Revenue from operations increased by 14.4 % YoY to INR 29,939 mn
EBITDA stood at INR 4,106 mn with EBITDA margin of 13.7 %
Profit After Tax (PAT) stood at INR 2,544 mn
Earnings per share (EPS) stood at INR 10.31
Volume growth for FY26 stood at 9.5 % YoY
FY26 Business Segments Review:
Ethnic Snacks: Revenue grew by 11.2 % YoY; contributed approximately 68.9% of overall revenue
Packaged Sweets: Revenue grew by 8.9 % YoY
Western Snacks: Revenue grew by 6.8 % YoY
Papad: Revenue grew by 10.9 % YoY
Deepak Agarwal Managing Director, Bikaji Foods International Limited.
“The Company delivered a strong fourth quarter, with healthy growth of 18% in Revenue from Operations driven by broad-based, volume-led momentum across the core snacks portfolio. Demand trends remained resilient, supported by steady consumption in staples-led snacking categories, continued formalisation of the unorganised segment, and sustained traction in our focus markets. Growth was well-distributed across Bhujia, Namkeen, Packaged Sweets and Papad, reflecting the strength of our brand franchise and the depth of our regional play. Channel-wise, modern formats – particularly E-commerce and Modern Trade – continued to outpace the broader market, while General Trade delivered steady gains supported by ongoing distribution expansion and improved on-shelf availability.
May 22, 2026 07:41
Quarterly results
Q4 numbers: Allcargo Terminals Reports 46% Y-o-Y Growth in FY26 PAT; Net Profit Rises 46%
Volumes increased to 7.23Lakh TEUs, a 7% Y-o-Y Growth
Thursday, 21 May 2026: Allcargo Terminals Limited has announced its financial results for the year ended March 31st, 2026. The company reported a consolidated net profit of ₹44 crore in FY26, registering a strong 46% year-on-year growth over the previous year. EBITDA has increased to ₹162 crore, reflecting a 26% year-on-year rise. Annual volumes also recorded healthy growth, increasing to 7.23 lakh TEUs, representing a 7% year-on-year increase.
Suresh Kumar R, Managing Director, Allcargo Terminals Limited, said: “FY26 was a year of strong progress and purposeful groundwork toward ATL’s three-year ambition. Supported by India’s growing EXIM momentum and our focused capacity expansion at key ports, PAT grew 46% over the previous year. Our continued emphasis on operational excellence further strengthened customer confidence across markets and enabled us to achieve our highest-ever annual volumes.
In line with our strategic priorities, we enhanced capacity at one of our two JNPT facilities and secured a ten-year extension for the other. Construction of the PFT-ICD at Farukhnagar also commenced in Q4, marking another important milestone in our growth journey.
We are well positioned for the future and remain committed to contributing meaningfully to India’s expanding EXIM ecosystem and logistics infrastructure development.”
May 22, 2026 07:39
Stock market
Buzzing stocks: Central Bank, DalmiaCement, Eicher Motors, Tejas Networks, Cryogenic OGS, others
Stocks to watch: Central Bank, Eicher Motors, Dalmia Bharat, Cryogenic OGS, others
Explore key developments from Central Bank, Dalmia Cement, Eicher Motors, Tejas Networks, and more in the stock market.
May 22, 2026 07:23
WATCH: Today's stock recommendation
May 22, 2026 07:17
Share market live: Buyback Calendar – May 2026
Zydus Lifesciences Ltd
- Buyback Price: ₹1,150
- CMP: ₹1,040
- Record Date: May 29, 2026
Dhanuka Agritech Ltd
- Buyback Price: ₹1,400
- CMP: ₹1,149
- Record Date: May 29, 2026
CyberTech Systems & Software
- Buyback Price: ₹170
- CMP: ₹142
- Record Date: May 29, 2026
Welspun Living Ltd
- Buyback Price: ₹175
- CMP: ₹139.30
- Record Date: May 22, 2026
CMS Info Systems Ltd
- Buyback Price: ₹340
- CMP: ₹307.10
- Record Date: May 22, 2026
Onward Technologies Ltd
- Buyback Price: ₹328
- CMP: ₹258
- Record Date: May 18, 2026
- Record date passed
Sarla Performance Fibers
- Buyback Price: ₹110
- CMP: ₹95.61
- Record Date: May 15, 2026
- Record date passed
Bajaj Auto Ltd
- Buyback Price: ₹12,000
- CMP: ₹10,462
- Record Date: Not announced yet
Kajaria Ceramics Ltd
- Buyback Price: ₹1,380
- CMP: ₹1,052
- Record Date: Not announced yet
Rolex Rings Ltd
- Buyback Price: ₹180
- CMP: ₹143
- Record Date: Not announced yet
Cyient Ltd
- Buyback Price: ₹1,125
- CMP: ₹906
- Record Date: Not announced yet
Wipro Ltd
- Buyback Price: ₹250
- CMP: ₹197
- Record Date: Not announced yet
TeamLease Services Ltd
- Buyback Price: ₹1,600
- CMP: ₹1,412.40
- Record Date: Pending
May 22, 2026 07:16
Share market live: BLOCK DEAL ALERT: PAYTM
Saif Partners to sell stake at upto 3% discount to market price
Block deal for 1.3% equity worth Rs 968 crores #ym
Block window deal likely for 86 lac shares
Data from Term sheet
May 22, 2026 07:15
Share market live today: Fino Payments Bank CEO Rishi Gupta seeks early retirement
Fino Payments Bank CEO Rishi Gupta seeks early retirement
Fino Payments Bank CEO Rishi Gupta has sought voluntary early retirement months after his GST law arrest, while the board backed his leadership continuity.
May 22, 2026 07:05
Share market live: Air India CEO says successor will have ‘hands full’
Air India CEO Campbell Wilson says successor will face tough aviation challenges
Air India CEO Campbell Wilson says his successor will face challenges from Pakistan airspace curbs, Iran war fallout, rising fuel costs and expansion plans.
May 22, 2026 06:56
Stock market
Global markets: Wall St indexes end slightly higher as investors focus on Mideast peace hopes
* Indexes up: Dow 0.55%, S&P 500 0.17%, Nasdaq 0.09%
* Nvidia falls after quarterly results
* Walmart tumbles on conservative outlook with fuel prices in the mix
* Quantum stocks jump on US investment in exchange for stakes - Reuters
May 22, 2026 06:55
Commodities
Commodities update: Oil prices gain as investors doubt breakthrough in US-Iran peace talks
Oil prices climbed on Friday as investors doubted the ⁠prospects of a breakthrough in U.S.-Iran peace talks, with the two sides still at loggerheads on Tehran’s uranium stockpile and controls on the Strait ‌of Hormuz. The market, however, remained headed for a weekly loss.
A senior Iranian source told Reuters no ‌deal has been reached with the U.S. but the ‌gaps ⁠have narrowed, while U.S. Secretary of State Marco Rubio ⁠said there had been “some good signs” in talks but any toll system in the strait would be unacceptable.
Brent crude futures rose $2.38, or 2.3%, to $104.96 a barrel by 0034 GMT, and U.S. ‌West Texas Intermediate futures were up $1.73, or 1.8%, at $98.08. - Reuters
May 22, 2026 06:52
Currency market updates: Panagariya urges RBI to ignore ₹100/$ psychological barrier, let rupee adjust naturally
Arvind Panagariya urges RBI to let rupee depreciate beyond 100 per dollar
Arvind Panagariya says RBI should not defend the rupee at 100 per dollar, arguing depreciation is the right response to rising oil pressures.
May 22, 2026 06:51
Share market live: Himadri Speciality Chemicals raises investment in Sicona Battery Technologies
Himadri invests additional ₹18 crore in Sicona Battery Technologies
Himadri Speciality Chemicals invested ₹18 crore more in Sicona Battery Technologies to strengthen its EV battery materials business and India expansion plans.
May 22, 2026 06:51
Stock market live: Marco Rubio says US wants stronger energy partnership with India
Marco Rubio says US in talks with India to expand energy cooperation
US Secretary of State Marco Rubio said Washington is discussing deeper energy cooperation with India ahead of his Quad-linked visit to New Delhi.
May 22, 2026 06:50
Sectoral outlook: Private banks' return on equity moderates in FY26 amid NIM pressure, treasury losses
Private banks' return on equity moderates in FY26 amid NIM pressure, treasury losses
Private banks' return on equity declines in FY26 due to net interest margin pressure and treasury losses, impacting profitability.
May 22, 2026 06:46
Technical call buy
Broker’s Call: Astral (Buy)
Broker’s Call: Astral (Buy)
IDBI Capital upgrades Astral to Buy with a target price of ₹1,714, citing strong Q4FY26 performance and growth prospects.
May 22, 2026 06:44
Gold silver
Commodities: Federal Reserve and the story of gold vs equities

Federal Reserve and the story of gold vs equities
Explore the challenges facing new Fed Chair Kevin Warsh as he navigates inflation, asset classes, and the Fed's independence.
May 22, 2026 06:43
Share market outlook: Nifty 50 may hit 28,000–30,000 by end of FY27: smallcase
Nifty 50 may hit 28,000–30,000 by end of FY27: smallcase Managers
Market experts predict Nifty 50 could reach 28,000–30,000 by FY27, driven by earnings growth amid global uncertainties.
May 22, 2026 06:41
Commodities
Commodities: Lead futures: Breakout sustains

Lead futures: Breakout sustains
The contract can see an uptick to ₹212
May 22, 2026 06:40
Stock market
Trading Guide for May 22, 2026: Intraday supports, resistances for Nifty50 stocks

Day Trading Guide for May 22, 2026: Intraday supports, resistances for Nifty50 stocks
Explore key intraday support and resistance levels for Nifty50 stocks with expert trading recommendations for May 22, 2026.
May 22, 2026 06:40
Technical call buy
Stock to buy today: Dr. Agarwal’s Health Care (₹481) – BUY
Stock to buy today: Dr. Agarwal’s Health Care (₹481) – BUY
Buy Dr. Agarwal’s Health Care shares at ₹481; potential to rise to ₹535 with a bullish short-term outlook.

Published on May 22, 2026

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Sensex today | Stock Market Highlights: Sensex rises 231 pts, Nifty ends at 23,719 led by banks, positive global cues

Sensex, Nifty, Share Prices Highlights: Stock market benchmark indices ended higher on Friday, helped by buying in blue-chip bank shares and a rally in global peers. Hopes of progress in the US-Iran peace negotiations also added to markets' optimism.

Key Highlights

This live blog is closed for the day.

RBI approves record ₹2.87 lakh crore surplus transfer to government

RBI to pay record dividend of ₹2.87 lakh crore to govt for FY26

Rupee rises 63 paise to close at 95.73 against US dollar

Rupee rises 63 paise to close at 95.73 against US dollar

Muthoot Mcred posts 88% rise in PAT in FY26

Muthoot Mcred posts 88% rise in PAT in FY26

Sun Pharma Q4 net profit up 26% at ₹2,714 crore

Sun Pharma Q4 net profit up 26% at ₹2,714 crore

Sterlite Tech bags $1.11 billion product award from hyperscale partner

Lupin Receives China Approval for Oseltamivir Phosphate Oral Suspension

Rupee rises 63 paise to close at 95.73 (provisional) against US dollar.

Sensex rises 232 pts, Nifty closes above 23,700

SEPC says MOIL cancels ₹230 crore work order

Prestige Estates Q4 profit jumps 10-fold to ₹250 crore, income surges to ₹4,143 crore

Prestige Estates Q4 profit jumps 10-fold to ₹250 crore, income surges to ₹4,143 crore

Star Cement Q4 results

Laxmi Dental Limited reports highest-ever quarterly revenue with 21.9% YoY growth in Q4FY25

Aequs increases investment in JV arm Aequs Cookware via rights issue

RBI injects ₹81,590 cr transient liquidity into banking system via 3-day VRR auction

RBI injects ₹81,590 cr transient liquidity into banking system via 3-day VRR auction

Dilip Buildcon bags ₹268-cr order from Gujarat govt

Major stocks that hit 52-week high

Markets off day’s high

Jewellery sales volume will drop to 10-year low on high prices, hike in import duty

Jewellery sales volume will drop to 10-year low on high prices, hike in import duty

PNC Infratech bags ₹3483-cr worth NHAI project

Ircon International Q4 results

Shilpa Medicare Q4 results

Q4 results: 3M India's net profit soars to ₹215.34 crore

Sun Pharmaceutical Q4 results: net profit falls to ₹2,714 crore; board recommends ₹5 final dividend

Godrej Properties awards ₹1,100 crore contract to Tata Projects for construction of 3 projects

Godrej Properties awards ₹1,100 crore contract to Tata Projects for construction of 3 projects

Twamev Construction and Infra receives LoA from SAIL

Lux Industries’ wholly owned subsidiary namely Lux and Cozi Ltd in West Bengal has received the Certificate of Incorporation

Jubilant Pharmova Q4 results

RBI announces underwriting auction results for three government securities

RBI announces underwriting auction results for three government securities

Brent crude prices could hit $150/bbl under bull case scenario; near-term expected to reach $120/bbl: Citi

Brent crude prices could hit $150/bbl under bull case scenario; near-term expected to reach $120/bbl: Citi

Man Industries arm acquires 100% stake in Saudi's National Pipe Co

India Glycols moves Delhi High Court over denied ₹79.7 crore insurance claim

Maruti Suzuki to hike the prices of its models by up to ₹30,000 across its portfolio effective June 2026

Looking to bring more than 10 new models in India by 2030: Honda Cars India

Looking to bring more than 10 new models in India by 2030: Honda Cars India

Stock in focus: Kirloskar Electric

Stock in focus: Tata Steel

Cosmo First, Filmax Corp Korea form JV for flexible packaging business

Stock in focus: Adani Power

MobiKwik board approves transfer of lending services business to wholly-owned arm

Aditya Birla Capital plans to use ₹3,500 cr to drive business growth

Aditya Birla Capital plans to use ₹3,500 cr to drive business growth

Markets at 2 pm

Ola Electric eyes FY27 turnaround on surging demand, cost reset and margin gains

Ola Electric eyes FY27 turnaround on surging demand, cost reset and margin gains

Nifty pushes toward resistance as broader market rallies

Nifty pushes toward resistance as broader market rallies

TTK Prestige Q4 results

Share market live: Dalmia Bharat to buy ₹2,850 crore Jaypee Cement assets under Adani-led resolution plan

Dalmia Bharat to buy ₹2,850 crore Jaypee Cement assets under Adani-led resolution plan

Share market live: Goodluck India has secured order worth $13.6 Mn for 14,500 MT Transmission Line Structures

Stock Market Live: Info Edge jumps 6% to Rs 977.70 on 21% rise in Q4 profit; board recommends Rs 3.60 dividend

Q4 Results 22nd May Live: Sun Pharma, Hindalco, Eicher Motors, Torrent Pharma, NTPC Green, Fortis Healthcare, Colgate, 3M India, Ramco Cements to announce Q4 results, ITC, LIC, GAIL, Emami, Max Health, JSW Cement, WeWork in focus

Stock Market Live: VA Tech Wabag appoints Bhupesh Chowdary Nagineni as Deputy MD, Rohan Mittal as Head of Strategy & Business Growth (GCC)

Markets now: JSW Cement, Deepak Fertilizers lead smallcap gainers; Welspun Corp tops losers

Markets now: Sensex traded 596.98 pts or 0.79% higher at 75,780.34 at around 1.05 pm, and Nifty 50 increased by 167.70 pts or 0.71% to 23,822.40.

Stock Market Live: Arvind SmartSpaces up 2% to Rs 626.70 on strong Q4 profit doubling to Rs 42.3 crore

Nifty Today: Top gainers, losers at this hour of trade

Q4 results: Allcargo Terminals posts ₹9 crore Q4 profit on higher cargo volumes

Allcargo Terminals posts Q4 profit as cargo volumes and EBITDA rise

Stock Market Live: Ashoka Buildcon falls 3% to Rs 124.05 despite Q4 profit of Rs 48.9 crore

Stock Market Live: Aurobindo Pharma down 6% at Rs 1,453; sets up new subsidiary Arrow Pharma Production in France

Transformers and Rectifiers bags ₹228.26 cr order from Gujarat Energy Transmission Corporation

Transformers and Rectifiers bags ₹228.26 cr order from Gujarat Energy Transmission Corporation

Stock market live updates: Zepto scales depth rather than footprint, says Bernstein

Zepto scales depth rather than footprint, says Bernstein

Share market updates: Venus Remedies has received Marketing Authorization from the Saudi Food and Drug Authority (SFDA) for Plerixafor