Stocks in news: ITC, LIC, Sun Pharma, Maruti Suzuki, Fino Payments Bank

Benchmark indices ended on a negative note on Thursday during the weekly Sensex expiry session, as markets witnessed volatile trade and profit booking at higher levels. Nifty, in the daily chart, formed a bearish candlestick pattern with a higher high and a higher low signaling selling pressure at higher levels around the recent breakdown area of 23,800-23,900. Going ahead, analysts say index to extend the last seven sessions consolidation in the range of 23,200-23,900.

In today's trade, shares of ITC, LIC, Sun Pharma, Maruti Suzuki, Fino Payments Bank among others will be in focus due to various news developments and fourth quarter results.

Sun Pharma, Hindalco, Eicher, Info Edge, Ircon
Shares of Sun Pharma, Hindalco, Eicher, Info Edge and Ircon will be in focus as the companies will announce their fourth quarter results today.

Max Healthcare
Max Healthcare Institute reported a consolidated net profit at Rs 342 crore in the March-ended quarter versus Rs 319 crore in the year ago period, implying a 7% uptick. The company's revenue from operations in Q4FY26 was up 12% to Rs 2,143 crore versus Rs 1,910 crore posted by the company in the corresponding quarter of the previous financial year.

GAIL India

GAIL India reported a decline in quarterly and annual profitability for FY26 as global energy headwinds and weaker margins weighed on earnings despite resilient operational performance. The company reported consolidated profit after tax of Rs 1,485 crore for the March quarter, down 15% from Rs 1,756 crore in the December quarter.

LIC
State-owned Life Insurance Corp (LIC) reported ‌a ⁠23% year-on-year (YoY) growth in its consolidated net profit at Rs 23,467 crore in the fourth quarter, compared with Rs 19,039 crore in the last year period. The company's board has also recommended a final dividend of Rs 10 per share for the financial year 2025-26.

Nykaa
FSN E-Commerce Ventures reported a consolidated net profit at Rs 78 crore in the March-ended quarter versus Rs 20 crore in the year ago period, implying a 286% surge. The profit after tax (PAT) is attributable to the equity shareholders of parent. The Nykaa parent revenue from operations in Q4FY26 was up 28% to Rs 2,648 crore versus Rs 2,062 crore posted by the company in the corresponding quarter of the previous financial year.

ITC
FMCG major ITC Ltd on Thursday reported a 5% year-on-year (YoY) growth in its standalone net profit at Rs 5,113 crore in the fourth quarter, compared with Rs 4,875 crore in the year-ago quarter. The company's board has also recommended a final dividend of Rs 8 per share for the financial year ended March 2026.

LG India
LG Electronics India reported a net profit of Rs 693 crore for the March quarter compared to Rs 755 crore in the year-ago period, implying a 8% year-on-year jump. The electronic home appliances and entertainment system manufacturer reported a revenue of Rs 8,054 crore in Q4FY26, up 8% over Rs 7,448 crore in the corresponding quarter of the last financial year.

Fino Payments Bank
Fino Payments Bank board has accepted Rishi Gupta's resignation on Thursday even after the board of the lender had found him "fit and proper" to lead Fino as managing director and chief executive officer for a second term.

SBI
SBI staff under the aegis of the All India State Bank of India Staff Federation (AISBISF) have threatened to go on a two-day nationwide strike beginning May 25 to press for various demands, including the recruitment of adequate employees.

RIL
Reliance Industries Ltd (RIL) on Thursday strongly refuted in the Supreme Court the Centre's claim that the company and its two offshore partner firms allegedly siphoned from the Krishna-Godavari basin deposits gas which migrated to their area from the state-owned ONGC gas field.

Eicher Motors
Eicher Motors on Thursday said its board has approved an investment of up to Rs 750 crore to subscribe to 50% equity stake in Volvo Financial Services (VFS) India, to form a new equal joint venture.

Maruti Suzuki
Maruti Suzuki India on Thursday said it will increase prices across its vehicle portfolio by up to Rs 30,000 from June 2026, owing to sustained rise in input costs and inflationary pressures.

Adani Total Gas
Adani Total Gas on Thursday appointed Sanjay Pandita as the Chief Executive Officer (CEO), effective May 22, 2026, in place of Suresh Manglani. With 25 years of extensive industry experience, Sanjay Pandita has been an accomplished energy industry leader across Natural Gas, LNG, LPG and emerging low-carbon energy solutions.

Cochin Shipyard
Cochin Shipyard on Thursday said it has signed an agreement to make a 5 percent share capital investment in Dehradun-based deeptech platform Maritech Integrated Maritime under its flagship startup programme, USHUS.

Varun Beverages
Varun Beverages Ltd (VBL), PepsiCo’s largest franchise bottler outside the US, has extended its exclusive bottling appointment and trademark license agreement with PepsiCo Inc. in India till April 30, 2049, the company said in a regulatory filing on Wednesday.