On Thursday, 2,735 stocks advanced, 1,521 declined, and 174 remained unchanged on the Bombay Stock Exchange with an advance-decline ratio of 1.79, indicating a positive closing. The trend of the major indices on Thursday’s trading is given in the table below.
On NSE, 187 securities advanced and closed at a new 52-week high, whereas 10 securities sank to close at their new 52-week lows. Nifty India Defence, Nifty Auto and Nifty Energy were the biggest gainer. Nifty IT, Nifty FMCG and Nifty PSU Bank were the biggest loser.
Delhi HC admitted Anil Ambani’s defamation suit against NDTV (-0.09%) over its coverage of CBI and ED probes into ADAG firms, including alleged banking fraud of ₹31,580 crore. The ED has attached ₹1,120 crore of assets, while the SC earlier ordered fair and prompt investigations, criticising delays.
KEI Industries (-0.75%) reported IT Department searches at its offices and plants, confirmed cooperation, pledged updates on material developments, and reiterated its commitment to transparency and compliance despite stock pressure from earlier media reports.
DMSL, a subsidiary of Deepak Fertilisers, acquired Chardham Chemicals for ₹121.45 crore, boosting explosives offerings, enabling mine productivity programmes under its TCO model, and opening export channels to Australia and global markets.
Reliance Industries (-0.12%) dropped plans to acquire KGTL after PFC annulled the bidding process nullifying its earlier board approval for a ₹20 crore deal, leaving Reliance without any stake in the transmission project.
Waaree Renewable Technologies (+0.78%) (WRTL) has announced a ₹1,225 crore investment to acquire a 55% stake in Associated Power Structures Pvt Ltd (APSPL), making APSPL its subsidiary. APSPL strengthens WRTL’s renewable and power infrastructure portfolio, aligning with its expansion strategy.
Emami (+0.49%) will acquire 60% of IncNut Digital for ₹321 crore, making Vedix and SkinKraft subsidiaries, with plans to buy the remaining stake over 4.5 years, reinforcing its entry into digital beauty and personal care.
Larsen & Toubro (L&T) (+0.36%) Buildings & Factories (B&F) vertical won ₹2,500–₹5,000 crore orders for high rise residential projects in Hyderabad and Mumbai, reinforcing its leadership in mega scale real estate construction.
MRF (-0.28%) Q4 FY26 revenue grew 13.7% y‑o‑y to ₹8,044 crore, while net profit surged 37.6% y‑o‑y to ₹702 crore, underscoring strong demand momentum and improved operating leverage.
Bharat Forge (+6.36%) Q4 FY26 revenue rose 17.5% y‑o‑y to ₹4,528 crore, but net profit fell 17.4% y‑o‑y to ₹233.4 crore as higher exceptional losses of ₹98.7 crore vs ₹5.3 crore last year offset operating gains, highlighting resilience in topline yet earnings drag from one‑offs.
Jyothy Labs (+0.41%) Q4FY26 revenue grew 7.7% y o y to ₹717.4 crore, but net profit declined 12.3% y o y to ₹68 crore, showing topline resilience offset by earnings contraction.
Wonderla Holidays (-0.48%) Q4 FY26 revenue surged 40.4% y‑o‑y to ₹135.85 crore, while PAT climbed 49.3% y‑o‑y to ₹16.42 crore, reflecting strong demand recovery and operational leverage.
eMudhra (+6.73%) FY26 revenue rose 35.1% y‑o‑y to ₹713 crore, with PAT up 26.2% y‑o‑y to ₹110 crore; Q4 income grew 31.7% y‑o‑y to ₹196 crore, underscoring sustained demand momentum and digital trust expansion.
Radico Khaitan (+1.48%) Q4 FY26 revenue rose 15.3% y o y to ₹1,503.71 crore, while net profit nearly doubled, up 94.9% y o y to ₹179.46 crore, reflecting strong operating leverage and margin expansion.
Craftsman Automation (+11.09%) FY26 revenue grew 27.3% y‑o‑y to ₹2,226.4 crore, while net profit surged 74.4% y‑o‑y to ₹116.4 crore, reflecting strong demand momentum and improved operating leverage.
Blue Star (-3.21%) FY26 revenue grew 3.6% y‑o‑y to ₹12,402 crore, with Q4 revenue up 1.3% y‑o‑y to ₹4,072 crore, but net profit fell to ₹527 crore from ₹591 crore, underscoring modest growth offset by profitability decline.
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:
Acutaas Chemicals: Strong Earnings, Driven by CDMO Mix
Moneylife Digital Team
07 May 2026
Acutaas Chemicals Limited (Acutaas) makes advanced pharmaceutical intermediates (APIs) and specialty chemicals. Under its API segment, it manufactures molecules that are under clinical trial or which have been launched in the patented...
Laurus Labs Accelerates Transformation on Strong CDMO Execution
Moneylife Digital Team
07 May 2026
Laurus Labs (Laurus), a Hyderabad-based pharma major, delivered a materially stronger FY25-26, driven by its growing contract development and manufacturing organisation (CDMO) business and a resilient generics portfolio. Established...
Waaree Renewable: Growth Story Faces Grid and Order-book Constraints
Moneylife Digital Team
05 May 2026
Waaree Renewable Technologies (Waaree Renewable), a subsidiary of Waaree Energies and part of the Waaree group, reported a 66% year-on-year (y-o-y) surge in net profit for Q4FY25-26, driven by India's accelerating solar sector growth....
JNK India: Order-book Visibility, Joint Venture Optionality
Moneylife Digital Team
05 May 2026
JNK India Limited (JNK India) is a Mumbai-based technology-driven EPC (engineering-procurement-construction) company incorporated in 2010, specialising in combustion equipment for the oil, gas, petrochemicals and fertiliser...
