Latest stock research reports with share price targets forecast, buy, hold, and sell recommendations along with upside. Search by company or broker name.
Cummins India (KKC) is India's largest manufacturer of diesel and natural gas engines, generator sets and power solutions, commanding a dominant position across Industrial, infrastructure and data center endmarkets, backed by global technology strength of Cummins Inc. and a strong push towards emissioncompliant platforms, connected digital platforms, and adjacent products in the...
by strong retail disbursement momentum and a better performing business mix. The company is scaling its retail franchise across priority segments, such as gold loans, personal loans and rural finance, supported by branch expansion through the multi-product Sampoorna format. Furthermore, the ongoing deployment of proprietary AI tools, such as Cyclops for underwriting, and strengthened governance and early warning infrastructure continues to support customer...
Voltamp Transformers (VAMP) reported subdued performance in Q4FY26. Revenue, EBITDA and PAT declined by 1%,30% and 51% respectively on YoY basis. Gross margins dipped by 310 bps QoQ coming in at 23% owing to increasing competitive intensity and higher raw material prices. MTM losses in other income also majorly contributed to the decline in PAT. Voltamp has been a preferred vendor amongst its clients due to its prudent execution track record and working capital management despite the cyclical nature of the business. However, with several credible competitors adding capacity in the transformers...
During Apr-26, Indian steel prices declined 2% MoM to Rs58,400/tonne, impacted by slower demand amid elections and labour shortages. In contrast, Chinese steel prices increased by 1% MoM to $505/tonne, supported by higher export offers and improved export volumes following conflict in the Middle East. In Apr-26, Indian steel production increased 12.5% MoM to 15mn tonnes. Estimated Chinese steel output increased 14% MoM to 87mn tonnes, while estimated global steel production increased 13% MoM to 160mn tonnes. Chinese steel exports rose 16% MoM on the back of improved shortterm demand and export margins, but fell 13% YoY due to weaker global demand, trade...
Aptus Value Housing Finance India Ltd delivered a strong FY26 performance, with AUM growing ~21% YoY to Rs13,107 crore, supported by improving disbursement momentum and calibrated portfolio expansion. Management strategically discontinued sanctions below Rs7 lakh to improve borrower quality and reduce exposure to microfinance-type customers, leading to better bureau profiles and lower bounce rates. Despite near-term moderation in incremental yields due to competitive pricing, profitability remained robust with PAT rising ~26% YoY to Rs943 crore, RoA at ~8.2% and Q4 RoE at ~21%. Spreads improved...
Birlasoft delivered a mixed FY26, with full-year revenues declining 6% in dollar terms to ~USD 598mn, weighed down by a soft demand environment, clientspecific headwinds in the life sciences/med-tech vertical, deliberate exits from low-margin contracts (~200bps revenue impact), and upfront productivity pass through on AI deals. Margin recovery was remarkable and EBITDA expanded 333bps YoY to 16.3% in FY26, reaching 18.5% in Q4, aided by cost rationalization, forex tailwinds (~170bps), and one-time provision reversals (~170bps). PAT for Q4 surged 47% QoQ to ~INR 1.76bn. Deal wins stayed above USD 200mn TCV for the second consecutive quarter. Management is doubling...
Asian markets are trading higher due to strong earnings, falling oil prices, and Trump signalling de-escalation in the Middle East by pausing Project Freedom, the US operation to guide ships through the Strait of Hormuz, to allow time for a potential US-Iran deal to be finalised.
Apr'26 flows remained deeply negative, with Financial Services alone seeing INR192bn outflows. Only 1 sector (Power) saw inflows in Apr'26, reflecting extremely weak market participation, while the remaining 17 sectors witnessed outflows, highlighting broad-based selling pressure. Apr'26 continued to reflect weak FII/FPI sentiment, with flows remaining broadly negative across sectors despite some moderation in outflow intensity versus Mar'26. The month was marked by persistent selling across Financial Services. Only 1 of the 18 sectors recorded net inflows in Apr'26, down from 5 sectors in Mar'26, indicating further weakening in foreign investor risk appetite. Power provided limited support with modest inflows. However, selling pressure was concentrated in Financial Services, which saw a sharp~INR192bn outflow, while Consumer Services, FMCG, Oil & Gas, Telecommunication, Automobiles and Healthcare also witnessed sizable outflows....
CESC delivered a strong close to FY26, with consolidated PAT growing 13% YoY to Rs 16.2 bn in FY26 and 18.9% YoY to Rs 4.6 bn in Q4FY26, confirming the double-digit earnings recovery that was anticipated through the year - a meaningful re-acceleration from the low single-digit PAT CAGR of the past 35 years. Kolkata distribution achieved an all-time low T&D loss of 6.11%, and Malegaon's T&D losses improved ~340 bps to 36.3% for FY26, reflecting the sustained impact of loss-reduction initiatives across the franchise. Regulatory income for FY26 stood at Rs 9 bn (consolidated) vs Rs 12.5 bn in FY25 - still lower on a full-year basis. On renewables, CESC's subsidiary Purvah Green...
The Wires & Cables (W&C) segment delivered moderate growth in Q4FY26, with domestic W&C revenue growing 30.3% YoY and exports grew by 17.8% driven by strong cable demand and execution despite softer trade sentiment and Middle East disruptions. Cables outperformed wires during the quarter, while institutional sales grew faster than channel sales. Volume growth remained in low single digits due to temporary construction halts in North & West India, geopolitical disruptions and softer secondary sales, although cumulative price hikes of 18-19% from Jan-Mar'26 supported realizations. The international business contributed 4.4% to consolidated revenue. EBIT...
Management guided for ~40mt cement volumes in FY27 Total cost inflation of ~INR150-200/t is expected in Q1FY27 SRCM reported inline std operating performance in Q4FY26, led by strong volume growth of 9.5% YoY and blended NSR growth of 3.7%QoQ (cement NSR up 1.6%QoQ). Improvement in NSR was driven by price hikes, efforts on narrowing pricing gap with leader over last one year and higher premium product share. Freight costs increased due to increase in lead distance by 12km QoQ while other expenses declined on higher operating leverage. RM/t was higher but P&F costs were inline on fuel inventory,...
