On Wednesday, 2445 stocks advanced, 1829 declined and 158 remained unchanged on Bombay Stock Exchange with advance decline ratio of 1.33 indicating a positive closing. The trend of the major indices on Wednesday’s trading is given in the table below.
On NSE, securities advanced and closed at a new 52-week high whereas 12 securities sank to close at their new 52-week lows. Nifty Energy, Nifty India Defence and Nifty FMCG were among the biggest gainer. Nifty IT and Nifty Auto were among the biggest loser.
Samvardhana Motherson International (+5.66%) completed the merger of its indirect subsidiaries Modulos Ribera Alta SL (MRA) and Celulosa Fabril SA (CEFA). The merger was registered at the Commercial Register of Zaragoza, Spain. MRA’s assets have been consolidated into CEFA through universal succession. MRA turnover: €92.29 million and CEFA turnover: €81.59 million. CEFA engages in processing, manufacturing, and selling plastic materials, industrial & consumer products, and technical services. MRA was similarly involved in plastics processing and technical services.
Amber Enterprises India (-0.70%) completed the rights issue allotment for its subsidiary IL JIN Electronics (India) Pvt Ltd on 21 April 2026. Amber subscribed to 12,46,430 equity shares, representing an investment of ₹296.02 crore. Pre allotment holding: 48,51,810 equity shares. Post allotment holding: 60,98,240 equity shares.
Dalmia Bharat (+0.14%) announced that the Enforcement Directorate (ED) has released land parcels previously attached under a Provisional Attachment Order (PAO) against its subsidiary Dalmia Cement (Bharat) (DCBL). The release order followed DCBL’s submission of a ₹92.52 crore bank guarantee. The PAO was originally issued on 31 March 2025 and confirmed by the Adjudicating Authority on 22 September 2025. A subsequent appeal to the PMLA Tribunal reduced the alleged Proceeds of Crime (PoC) from ₹793.34 crore to ₹92.52 crore. Based on this ruling, DCBL applied to the ED with the required guarantee, leading to the release of attached properties.
Ajanta Pharma (-0.43%) announced that the USFDA inspection at its Paithan, Maharashtra facility (13–21 April 2026) concluded with a Form 483 containing five observations. The company will respond within the stipulated timeline, addressing the noted issues. A Form 483 indicates potential violations of the Food, Drug & Cosmetic Act, but does not represent a final compliance determination. Ajanta has reiterated its commitment to quality and regulatory standards, and is expected to take corrective actions to ensure alignment with FDA requirements.
Lupin (-0.16%) launched its Dapagliflozin + Metformin Hydrochloride Extended Release Tablets in the US, further strengthening its anti diabetic portfolio. Approved by the USFDA under the ANDA pathway, the product is therapeutically equivalent to Xigduo XR, a widely prescribed treatment for type 2 diabetes.
PNC Infratech (+6.54%) emerged as the lowest bidder (L1) for two NHAI highway projects in Uttar Pradesh, with a combined bid project cost of ₹3,483 crore. Barabanki–Mustafabad (NH 83): 4‑lane highway, quoted cost ₹1,728 crore. Mustafabad–Biswariya (NH 83): 4 lane highway, quoted cost ₹1,755 crore.
APL Apollo Tubes (+0.73%) issued ₹100 crore commercial paper carrying an interest rate of 6.15%, allotted on 22 April 2026 and maturing on 25 June 2026 (64 day tenure). The instrument, identified by ISIN INE702C14CY8, was issued in favour of Kotak Mahindra Bank Ltd and rated [ICRA] A1+, reflecting a high degree of safety. The paper will be listed on BSE, providing investors with secondary market trading opportunities.
Premier Explosives (+7.71%) secured a ₹350.23 crore export order for the supply of defence products to an international client, with execution scheduled over two years. The contract underscores the company’s growing global presence in defence manufacturing and strengthens its export capabilities.
KNR Constructions (+2.22%) received ₹130.10 crore from NHAI under settlement agreements signed on 30 March 2026, facilitated by the Conciliation Committee of Independent Experts (CCIE). The payout includes a principal claim of ₹91.79 crore and interest of ₹38.31 crore. Breakdown by project: Madurai–Ramanathapuram (NH 83): ₹72.20 crore principal + ₹35 crore interest. Pollachi–Coimbatore (NH 83): ₹19.59 crore principal + ₹3.31 crore interest.
Delta Corp (+10.25%) approved the acquisition of 74% stakes in Easymile Parking Solutions & Management Pvt Ltd (EPSMPL) and Shanta Infratech Pvt Ltd (SIPL), executed via its wholly owned subsidiary Marvel Resorts Pvt Ltd (MRPL). Both deals, valued at ₹2,84,600 each for 28,460 equity shares, will be completed in cash before 5 May 2026.
Yes Bank (+1.11%) reported a Q4FY26 net profit of ₹1,068 crore, up 44.7% y o y. Net Interest Income (NII): ₹2,638 crore, up 15.9% y o y. Net Interest Margin (NIM): 2.7%, an improvement of 20 bps. Operating Profit: ₹1,618 crore, up 23.1% y o y. Cost to Income Ratio: improved to 63% from 67.3% last year.
Tech Mahindra (-2.55%) reported FY26 revenue of ₹56,815 crore, reflecting a 7.2% y o y growth, supported by broad based demand across digital and engineering services. Profit After Tax (PAT) stood at ₹4,811 crore, up 13.2% y o y, highlighting improved operational leverage and margin discipline.
Sangam (India) (+7.47%) reported Q4FY25-26 revenue of ₹883.92 crore, up 20.4% y‑o‑y from ₹734.30 crore. Net profit (PAT) surged to ₹32.88 crore, compared to ₹9.52 crore in Q4 FY25, marking an impressive 245% y‑o‑y growth.
Havells India (+1.50%) posted Q4FY26 revenue of ₹6,705.20 crore, up 2.5% y o y from ₹6,543.56 crore. Net profit (PAT) stood at ₹723.39 crore.
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:
