On Wednesday, 2,862 stocks advanced, 1365 declined and 172 remained unchanged on Bombay Stock Exchange with advance decline ratio of 2.09 indicating a positive closing. The trend of the major indices on Wednesday’s trading is given in the table below.
On NSE, securities 140 advanced and closed at a new 52-week high whereas 18 securities sank to close at their new 52-week lows. Nifty Energy and Nifty FMCG were among the biggest loser. Nifty PSU Bank, Nifty Auto and Nifty Pharma were among the biggest gainer.
Cabinet cleared Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 authorising an additional ₹2.55 lakh crore credit flow to ease liquidity stress from the West Asia conflict. Of this, ₹5,000 crore is earmarked for airlines, allowing passenger carriers to access up to 100% of peak Q4FY25-26 working capital utilisation, capped at ₹1,500 crore per borrower. MSMEs and other eligible borrowers can avail up to 20% of peak working capital utilisation, capped at ₹100 crore. SpiceJet (+4.96%) and InterGlobe Aviation rallied as the scheme eases liquidity stress from the West Asia conflict.
Zaggle Prepaid Ocean Services (+5.78%) entered a three‑year partnership with The Supreme Industries Ltd, deploying its Zaggle Propel rewards platform. The collaboration will enhance channel rewards and recognition programs for Supreme Industries, reinforcing Zaggle’s positioning in the domestic rewards sector. The agreement is purely domestic, arm’s‑length, and free of related party involvement, underscoring transparency and regulatory compliance while reflecting long‑term trust between the parties.
Embassy Developments (erstwhile Equinox India Developments, earlier Indiabulls arm) has received a favorable ruling in its insolvency case National Company Law Appellate Tribunal (NCLAT), quashed the Insolvency Resolution Process (CIRP) against the company under the Insolvency and Bankruptcy Code, 2016 (IBC), overturning the December 2025 NCLT order, and terminated all related directions, providing full relief to the company.
Oswal Pumps (+2.97%) won a ₹162.06 crore MSEDCL order under the PM Kusum B Scheme – Magel Tyala Saur Krishi Pump Yojna to install 6,896 solar pumps across Maharashtra, reinforcing its role in renewable driven agricultural infrastructure.
Zen Technologies (+2.88%) launched India’s first AI‑powered anti‑drone system, offering modular soft/hard kill solutions, 15+ km detection, and swarm‑attack capability, marking a leap in indigenous defence tech. This development positions Zen at the cutting edge of counter‑UAS warfare, aligning with India’s push for AI‑driven defence innovation and battlefield resilience.
Aurobindo Pharma (+3.91%) Unit VII received a VAI classification post USFDA inspection, with nine Form 483 observations, now closed via EIR, requiring voluntary corrective steps but no enforcement action. This outcome reflects a manageable compliance checkpoint, allowing Aurobindo to continue operations while addressing identified gaps to sustain US market access.
Larsen & Toubro (L&T) (-1.13%) won a ₹10,000–₹15,000 crore order from JSW Steel for blast furnaces and steel melt shops, marking its largest domestic metals contract and supporting JSW’s expansion to 50+ MTPA by 2031.
SPML Infra (+3.73%) won a ₹1,128 crore NTPC order to build a 250 MW/1,000 MWh BESS at Barauni, Bihar, with execution in 18 months and 15‑year O&M, marking its entry into utility‑scale storage.
GK Energy (+4.72%) secured a ₹353.89 crore Letter of Empanelment (LoE) from MSEDCL under the Magel Tyala Saur Krushi Pump Yojana to install 15,000 solar pumps across Maharashtra in 60 days, strengthening its role in renewable‑driven rural irrigation.
EMS (-0.60%) won a ₹648.49 crore turnkey order from UP Jal Nigam for sewer networks and a 23 MLD pumping station in Varanasi, to be executed in 18 months.
KPIT invested US$10 mn in Cymotive, gaining a pathway to a 26% stake, strengthening its SDV and automotive cybersecurity capabilities for global OEMs.This move positions KPIT at the intersection of AI‑led automotive software and cybersecurity, a critical domain as vehicles evolve into connected, software‑defined ecosystems.
KPIT Technologies (-3.09%) posted Q4 revenues of $185 million, up 12% y o y, with strong traction in automotive software and AI led mobility. It secured $349 million in TCV wins, including two large strategic deals, while products and solutions contributed around 21% to the pipeline. Key partnerships include a more than $50 million long term engagement with a global off highway equipment leader for software defined machine platforms, and a collaboration with a Japanese Tier 1 supplier on next gen digital cockpit programs.
CG Power and Industrial Solutions (+0.24%) posted record FY26 results, with Q4 standalone sales at ₹3,129 crore (+22% y‑o‑y) and PBT at ₹547 crore (+43% y‑o‑y). Full‑year sales rose 21% to ₹11,331 crore, PBT up 34% to ₹1,793 crore, and order backlog surged 59% to ₹15,719 crore, ensuring strong FY27 momentum.
Firstsource (+11.33%) Q4 FY26 revenue grew 19.5% y‑o‑y to ₹283 crore, while PAT rose 26.9% y‑o‑y to ₹205 crore, highlighting sustained operational momentum.
Coforge FY26 revenue rose 29.2% y‑o‑y to US$1.87 bn, with PAT surging 82% to US$177.4 mn; Q4 revenue grew 30% y‑o‑y to ₹4,450.4 crore, supported by AI‑driven efficiencies and margin expansion plans.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
