On Thursday, 2107 stocks advanced, 2076 declined, and 201 remained unchanged on the Bombay Stock Exchange with an advance-decline ratio of 1.01, indicating a negative closing. The trend of the major indices on Thursday’s trading is given in the table below.
On NSE, 59 securities advanced and closed at a new 52-week high, whereas 11 securities sank to close at their new 52-week lows. Nifty Pharma, Nifty Metal and Nifty Infrastructure were the biggest gainer. Nifty IT was the biggest loser.
Godrej Enterprises Group has unveiled India’s first Multi Ion battery technology for electric forklifts through its Material Handling Equipment (MHE) business, marking a breakthrough in industrial electrification. The new battery promises 25% lower total cost of ownership, higher equipment uptime, and cleaner operations across manufacturing and warehousing supply chains. Designed to last through the full operational life of the forklift, it directly addresses pain points of industrial battery lifecycle and sustainability in logistics.
RailTel Corporation of India (+1.75%) secured a domestic contract from the Ministry of Railways to implement an AI based surveillance system at New Delhi Railway Station, one of India’s busiest hubs. The project involves deploying an advanced surveillance infrastructure to enhance security and monitoring capabilities. While financial details are yet to be finalised, RailTel has confirmed that there is no promoter group or related party involvement in the transaction
G R Infraprojects subsidiary Munger Link Highway Pvt Ltd has signed a ₹2,440.87 crore concession agreement with NHAI on 14 May 2026 for the construction of a 4‑lane Greenfield section of NH‑33 (Mokama–Munger, Bihar). The project will be executed under the Hybrid Annuity Mode (HAM), with a construction timeline of 910 days from the appointed date.
Mangalore Refinery and Petrochemicals (-1.29%) (MRPL) has secured a favourable ruling from CESTAT Bangalore, entitling it to a refund of ₹212.53 crore in customs duty. The amount had been deposited under protest and appropriated by the department against differential duty and levies. The amount had been deposited under protest and appropriated by the department against differential duty and levies. With the tribunal’s decision, MRPL can reclaim the deposit, providing immediate cash flow relief. Additionally, the ruling extinguishes a contingent liability of ₹616.82 crore, materially strengthening the company’s balance sheet and reducing litigation overhang.
Alembic Pharmaceuticals (+2.32%) received an Establishment Inspection Report (EIR) from the USFDA for its Injectable Facility (F III) at Karakhadi. The receipt of the EIR signifies that the inspection process is closed, with the USFDA concluding its evaluation of the site. This is a critical compliance milestone, confirming that Alembic’s manufacturing practices meet the required quality and safety standards under US regulations.
HFCL (-1.22%) announced plans to set up a new defence manufacturing facility in Andhra Pradesh, with an initial investment of ₹230 crore. The proposed unit will focus on producing Multi Mode Hand Grenades (MMHG) and similar defence products, marking a strategic expansion into the defence manufacturing ecosystem.
Indoco Remedies (-0.19%) has successfully obtained EU GMP certification for its Baddi manufacturing facility, following inspection by the Malta Medicines Authority. This certification confirms compliance with Good Manufacturing Practice (GMP) requirements under the EC Directive, underscoring Indoco’s adherence to global regulatory norms and its commitment to high quality standards.
Balaji Amines (+19.99%) reported a solid Q4 FY26, with consolidated revenue rising to ₹403 crore, up from ₹361 crore in Q4 FY25. Net profit surged to ₹65 crore, a sharp increase from ₹40 crore last year.
Housing and Urban Development Corporation (+1.76%) (HUDCO) reported a strong Q4 FY26, with total revenue rising 25.2% y‑o‑y to ₹3,562.86 crore, compared to ₹2,844.99 crore in Q4 FY25. Reported PAT surged 172.3% y‑o‑y to ₹1,981.31 crore, up from ₹727.74 crore last year.
JSW Steel (+1.73%) posted a sharp surge in Q4 FY26 earnings, with consolidated PAT jumping 1,182% y o y to ₹19,243 crore, compared to the prior year. The spike was largely driven by a one time exceptional gain of ₹17,888 crore from the Bhushan Power & Steel transaction, which inflated reported profit more than twelvefold. Consolidated revenue stood at ₹51,180 crore, up 14.2% y o y from ₹44,819 crore in Q4 FY25, reflecting steady demand and pricing support in the steel cycle.
Senores Pharmaceuticals (-1.96%) delivered a robust performance, with total income rising 66% y‑o‑y to ₹190 crore. Profit After Tax (PAT) surged 104% y‑o‑y to ₹37 crore, underscoring strong operational leverage and margin expansion.
Interarch Building Solutions (-12.30%) reported Q4 FY26 net revenue of ₹504 crore, up 8.7% y‑o‑y from ₹463 crore in Q4 FY25. However, PAT declined 5% y‑o‑y to ₹37 crore, versus ₹39 crore last year.
Stallion India Fluorochemicals (SIFL) (-1.67%) reported a strong Q4 FY26, with total revenue rising to ₹1,530 crore, up from ₹1,110 crore in the same quarter last year — a 37.8% y‑o‑y increase.
Bharti Airtel posted Q4 FY26 consolidated revenue of ₹55,383 crore, up 16% y‑o‑y, reflecting strong growth in mobile services, data consumption, and enterprise solutions.
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:
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Moneylife Digital Team
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Voltamp Transformers Limited (Voltamp), headquartered in Vadodara, is a leading manufacturer of power and distribution transformers with a legacy of nearly 60 years and more than 80,000 installations across India and overseas. The...
