Markets traded with a sideways bias on Tuesday, extending their consolidation phase amid mixed cues. Analysts continue to maintain a cautious stance on the index until it decisively reclaims the 24,000 mark, with immediate support placed in the 23,250–23,450 zone. Sectorally, traders are likely to continue finding opportunities on both sides of the market. Therefore, the focus should remain on stock selection based on prevailing sectoral trends.
In today's trade, shares of Lenskart, Apollo Hospitals, ZEE, BPCL, Hindalco among others will be in focus due to various news developments and fourth quarter results.
Grasim, Samvardhana Motherson, Apollo Hospitals, Lenskart
Shares of Grasim, Samvardhana Motherson, Apollo Hospitals and Lenskart will be in focus as the companies will announce their fourth quarter results.
BEL
Bharat Electronics reported a 5% year-on-year (YoY) rise in consolidated net profit for the March quarter, supported by steady execution in defence projects and higher operational revenue. The state-run defence electronics company posted profit after tax of Rs 2,226 crore for Q4FY26 compared with Rs 2,127 crore in the corresponding quarter last year.
RITES
RITES reported a consolidated net profit at Rs 139 crore in the March-ended quarter versus Rs 141 crore in the year ago period, implying a 1.4% fall. The state-run railway company's revenue from operations in Q4FY26 was up 27% to Rs 768 crore versus Rs 602 crore posted by the company in the corresponding quarter of the previous financial year.
ZEE
Zee Entertainment Enterprises reported a consolidated net loss of Rs 104 crore in the March-ended quarter versus a net profit of Rs 188 crore in the year ago period. The company's operating revenue declined 7% to Rs 2,025 crore in Q4FY26 versus Rs 2,184 crore posted by the company in the corresponding quarter of the previous financial year.
Zydus Life
Zydus Lifesciences will continue to pursue strategic acquisitions, particularly in specialty and rare disease segments, company officials said over an earnings call. Last week, Zydus entered into an agreement to acquire US-based pharma company Assertio Holdings for $166.40 million.
BPCL
India's state-run refiner Bharat Petroleum Corp is recalibrating its crude import strategy almost daily and ramping up spot purchases after the US-Israeli conflict with Iran disrupted Middle East supplies, Chairman Sanjay Khanna said on Tuesday.
Maruti Suzuki
Maruti Suzuki has started commercial production at the second plant of its Kharkhoda manufacturing facility in Haryana from May 18. The new plant has an annual production capacity of 2.5 lakh units. With this addition, the company’s total production capacity across all facilities has increased to 26.5 lakh units per year.
Hindalco
Novelis Inc, the wholly-owned subsidiary of Hindalco Industries, on Tuesday reported a consolidated net loss of $84 million for the quarter ended March 31, 2026, due to fire incidents at its plant in Oswego, New York. The company is a leading sustainable aluminium solutions provider and the world leader in aluminium rolling and recycling.
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