On Tuesday, 869 stocks advanced, 3,412 declined and 141 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.25 indicating a negative closing. The trend of the major indices on Tuesday’s trading is given in the table below.
On NSE, 69 securities advanced and closed at a new 52-week high whereas 45 securities sank to close at their new 52-week lows. Nifty India Defence, Nifty IT and Nifty Media were among the biggest losers.
Bharat Forge (-3.72%) secured a long‑term contract with Embraer for the manufacturing and supply of critical landing gear forgings, becoming the first Indian supplier to enter Embraer’s global aerospace supply chain for forged components. Under the agreement, Bharat Forge will deliver high‑integrity forged parts for landing gear systems across Embraer’s commercial and defence aircraft programmes.
Tata Consultancy Services (TCS) (-3.87%) announced a global strategic partnership with Rezolve Ai, marking its entry into the fast‑growing agentic AI commerce market. The collaboration will enable retailers to integrate AI‑powered systems into core commerce operations at enterprise scale, enhancing customer assistance, workflow automation, and digital shopping experiences. Under the partnership, TCS will deploy Rezolve Ai’s proprietary brainpowa™ intelligent commerce platform across global markets.
Pine Labs (-3.81%) announced its entry into the Philippines market through a strategic partnership with GCash for Business, marking a significant step in its international expansion. The collaboration will integrate Pine Labs’ Instalment Payment Plan (IPP) offers, rewards, loyalty, and cashback features with GCash’s merchant acquiring solution. This integration is designed to support multiple modes of digital payments, including card and QR transactions, thereby strengthening the fintech infrastructure available to MSMEs in the Philippines.
State Bank of India (SBI) (+0.10%), India’s largest public sector lender, has approved a plan to raise up to US$2 billion in FY27 through overseas bond issuances. The fundraising will be explored under the Reg S/144A route, via public offers and/or private placements, with bonds denominated in US dollars or other major foreign currencies. The Executive Committee of the Central Board cleared the proposal on 12 May 2026, noting that the issuance could be executed in single or multiple tranches during FY27, with flexibility to extend beyond the year if required. The move remains subject to statutory and regulatory approvals, and is aimed at strengthening SBI’s long‑term funding base and diversifying its global investor reach.
Parag Milk Foods (+2.31%), through its sports nutrition brand Avvatar, has launched a ready‑to‑drink protein cold coffee in collaboration with Tetra Pak. The product is packaged in India’s first Tetra Prisma® Aseptic 250E pack, offering consumers a portable, nutritious, and flavourful option for on‑the‑go consumption. Priced at ₹120, the launch marks Avvatar’s strategic expansion beyond traditional sports nutrition into everyday functional beverages, tapping into rising demand for protein‑rich lifestyle products.
Windsor Machines (-0.08%) entered into a Memorandum of Understanding (MoU) with Allerindia Developers LLP for the sale of its non‑operational industrial plots at Wagale Thane Industrial Area, Maharashtra. The transaction, valued at ₹162 crore, covers plots E‑6 and E‑6(A), spanning 21,912 sq. metres and including existing building structures.
Berger Paints India (-1.16%) reported a steady Q4 FY26 performance, with revenue from operations rising 6.06% y‑o‑y to ₹2,868.03 crore, compared to ₹2,704.03 crore in Q4 FY25. Profit for the quarter showed stronger momentum, increasing 27.52% y‑o‑y to ₹335.25 crore, against ₹262.91 crore last year.
Dixon Technologies (-5.89%) reported a muted Q4 FY26 performance, with revenue from operations rising marginally to ₹10,510.51 crore from ₹10,292.54 crore in Q4 FY25. However, net profit declined sharply, down 35.91% y‑o‑y to ₹297.97 crore, compared to ₹464.95 crore last year.
MTAR Technologies (-4.16%) posted a sharp Q4 FY26 performance, with consolidated net profit rising 222.7% y‑o‑y to ₹44.28 crore, compared to ₹13.72 crore in Q4 FY25. Revenue from operations also climbed 67.2% y‑o‑y to ₹306.07 crore, against ₹183.09 crore last year.
Neuland Laboratories (-3.12%) posted a standout Q4 FY26, with consolidated net profit surging 664.7% y‑o‑y to ₹212.67 crore, compared to ₹27.81 crore in Q4 FY25. Revenue from operations also jumped 136.3% y‑o‑y to ₹776.25 crore, versus ₹328.36 crore last year.
V‑Guard Industries (-3.28%) posted a solid Q4 FY26 performance, with net profit rising 23% y‑o‑y to ₹112 crore, compared to ₹91 crore in Q4 FY25. Revenue from operations increased 14% y‑o‑y to ₹1,755.3 crore, against ₹1,538 crore last year.
Anant Raj (-6.70%) reported a healthy Q4 FY26 performance, with consolidated net profit rising 25.2% y‑o‑y to ₹148.71 crore, compared to ₹118.79 crore in Q4 FY25. Revenue from operations also increased 19.6% y‑o‑y to ₹646.81 crore, versus ₹540.65 crore last year.
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:
