Markets ended the week lower, breaking out of their three-week consolidation phase amid lingering geopolitical tensions in West Asia, persistent weakness in the rupee, and rising inflationary concerns. The upcoming week is expected to remain highly sensitive to macroeconomic and geopolitical developments. Participants will closely monitor developments in the ongoing US–Iran conflict and their implications for crude oil prices, inflation, and global risk sentiment. Movements in energy markets and the rupee will continue to influence near-term market direction.
In today's trade, shares of Vodafone Idea, Indian Oil, Tata Steel, Dr Reddy's, PFC among others will be in focus due to various news developments and fourth quarter results.
Indian Oil, Astral, Indhraprastha Gas
Shares of Indian Oil, Astral and Indhraprastha Gas will be in focus as the companies will announce their fourth quarter results.
Vodafone Idea
Telecom company Vodafone Idea on Saturday reported a net profit of Rs 51,970 crore in the March quarter of FY26. This is due to a one-time accounting gain arising from AGR re-assessment and recognition of present value of future payments of AGR. In Q4FY25, it reported a net loss of Rs 7,166 crore.
Tata Steel
Tata Steel reported a consolidated net profit at Rs 2,965 crore in the March-ended quarter versus Rs 1,201 crore in the year ago period, implying a 147% growth. The metal major posted a revenue uptick of 13% to Rs 63,270 crore in Q4FY26 was versus Rs 56,218 crore posted by the company in the corresponding quarter of the previous financial year.
Hindustan Copper
Hindustan Copper reported a consolidated net profit at Rs 444 crore in the March-ended quarter versus Rs 189 crore in the year ago period, implying a 134% growth. The metal major posted a revenue uptick of 58% to Rs 1,156 crore in Q4FY26 was versus Rs 731 crore posted by the company in the corresponding quarter of the previous financial year.
Power Finance
Power Finance Corp (PFC) has moved a step closer toward its proposed merger with REC after its board approved seeking formal approval from the President of India for the transaction. In an exchange filing, PFC said its board has reserved the proposal for merger of REC into PFC for the approval of the President of India.
NTPC
The country must remain watchful of becoming over-dependent on any single supplier or country for nuclear technology as it moves ahead with the ambitious 100 GW nuclear power plan, an industry executive has cautioned. Gurdeep Singh, the Chairman of India's largest power generation company NTPC, has asserted that the country should prioritise control over technology and resources, even if domestic options are 5-10 per cent costlier at the initial stage, to avoid the supply chain vulnerabilities currently seen globally.
Hero MotoCorp
Two-wheeler market leader Hero MotoCorp has earmarked Rs 1,500 crore capex for FY27 to double its scooter production capacity, according to its CEO Harshavardhan Chitale. The company has also committed over Rs 700 crore of investment in building a global parts centre in South of India, he told analysts.
Hindustan Zinc
Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday unveiled plans to generate Rs 2,000 crore in value by rolling out artificial intelligence-driven solutions across its mining and manufacturing operations.
Dr Reddy's
Dr Reddy's Laboratories on Saturday said it has launched its generic version of Semaglutide injection used in treatment of type 2 diabetes in Canada.
