08/05/26, The stock exchange's price hit a new 52-week high on May 8, rising to Rs 3,994 apiece following strong Q4FY26 results. In its quarterly results, the company's profit jumped 61 per cent to Rs 795.47 crore.

Following its result on Thursday, the exchange's stock surged nearly 3 per cent as it hit the upper circuit on robust earnings momentum. Over a five-year time frame the stock has surged nearly 5,000 per cent. In year-to-date, the the index delivered a robust 75.52 per cent return, while over a three-year period, it has generated 2,091.24 per cent return.

Also Read: Q4 Results LIVE Updates: SBI, Titan, ABB India, Tata Consumer, MCX, Swiggy, Urban Company among 77 major BSE, NSE companies set to declare Q4FY26 earnings today

Brokerages On BSE Q4FY26 Result

Nuvama

The brokerage noted that BSE delivered Q4FY26 index options ADPTV MS of 29.9 per cent ( over 57bp QoQ) driving up revenue by 84.7 per cent YoY/25.7per cent QoQ. Operating leverage drove up EBITDA margins by 580bp QoQ to 66.6 per cent resulting in EBITDA of Rs 10.4bn (114.9 per cent YoY/37.7 per cent QoQ), a beat of 6.2 per cent. With five expiries in Apr-26 (versus four for NSE) and sustained ADPTV of Rs 331 bn (Rs 330 bn in Mar-26), its MS surged 922bp MoM to 37.1 per cent.

"We are tweaking ADPTV estimates incorporating early STT hike impact, lifting our FY27E and 28E APAT by 12.3 per cent and 15.9 per cent, yielding a target price of Rs 4,570 (earlier Rs 3,760) i.e. PE of 45x plus 15 per cent stake in CDSL. Post-NSE listing, there shall be further upgrades in earnings. At current market price, the stock trades at FY27E and 28E PE of 45.6 times and 38.9 times; maintain 'Buy'.

Centrum

The brokerage noted that BSE has delivered another strong quarter, driven by sustained market share gains and robust growth in equity index options volumes. Revenue from operations rose 85 per cent YoY in Q4FY26 and 63 per cent YoY in FY26. Co-location revenue more than doubled in FY26, with rack count reaching 500, while BSE's diversified revenue mix continued to support growth. Key strategic priorities remain increasing non-expiry volumes, improving participation in monthly contracts, and attracting long-term institutional/FPI investors. PAT grew 61 per cent YoY in Q4FY26 and 89 per cent YoY in FY26. Dividend payout is expected to remain relatively low as the company continues to invest aggressively across technology, co-location infrastructure, and capacity expansion initiatives.

The brokerage noted that the stock is currently trading at 45 times FY28E EPS; "we now value BSE at 44x (vs 42x earlier), implying a revised target price of Rs3,902 (vs Rs3,331). However, given the recent sharp run-up in the stock price, we downgrade the stock from 'Buy' to 'Neutral'."

BSE Q4 results 2026

BSE Ltd reported a 61 per cent jump in its consolidated net profit to Rs 795.47 crore for the January-March quarter of FY26, on the back of higher income. The company had posted a consolidated net profit of Rs 493.67 crore in the corresponding quarter of the previous financial year. Revenue from operations stood at Rs 1,563.51 in Q4 FY26 against Rs 846.64 crore in the year-ago period, representing a growth of 84.67 per cent YoY.

The company's total revenue during the January-March period rose to Rs 1,630 crore from Rs 926.38 crore in the year-ago period, according to a regulatory filing. On a sequential basis, BSE's PAT increased 32 per cent in Q4 FY26 from Rs 602 crore in Q3 FY26. Th e exchange's topline grew by 26 per cent compared to Rs 1,244 crore posted in the October-December quarter of FY26.

BSE earned Rs 1,311 crore from transaction charges, recording a 114 per cent surge in the reporting quarter against Rs 953 crore posted in the year-ago period. The gains accounted for 38 per cent quarter-on-quarter against Rs 612 crore in Q3 FY26. For the full financial year 2025-26, the bourse's net profit jumped 88 per cent to Rs 2,487 crore as against Rs 1,322 crore in FY25.

The BSE said it recorded its highest-ever performance in its 150-year history in FY26, with revenue rising 59 per cent year-on-year to Rs 5,148 crore from Rs 3,236 crore in the preceding fiscal year. BSE's equity derivatives segment posted strong growth in FY26, with revenue more than doubling to Rs 3,134 crore, aided by a rise in average daily premium turnover to Rs 19,522 crore from Rs 8,977 crore in the previous financial year.

The exchange's mutual fund distribution platform, BSE StAR MF, also delivered a robust performance during the year, with revenue rising to Rs 285 crore and transactions increasing to 84.1 crore. The registered investors stood at 24.8 crore and its equity cash segment average daily turnover (ADTO) stood at Rs 7,950 crore. BSE also helped companies mobilise Rs 26.9 lakh crore in FY26.

Source: EconomicTimes
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. We suggest  readers & Investors to consult their financial advisors before making any money related decisions.)

08/05/26, Stocks To Watch

The domestic equity market is expected to open in the red on Friday, May 8. The GIFT NIFTY futures suggest that the NIFTY50 index will open 122 points lower.

Here is a list of stocks that may remain in focus today.

Earnings today: As per the morning BSE list, over 65 companies are slated to report their March-quarter numbers today. The list includes names such as State Bank of India (SBI), Titan Company, ABB India, Hyundai Motor India, Bank of Baroda, Bank of India, TATA Consumer Products, Multi Commodity Exchange of India (MCX), Swiggy, Urban Company, Shipping Corporation of India, and CreditAccess Grameen, among others.

Waaree Energies: In its investor presentation, the company shared a positive outlook for the solar industry overall. It said that global solar PV capacity will increase to 7.4 TW from the current 2.26 TW, 3x the current level.

It further said that geopolitical crises are further accelerating solar and renewable energy adoption. India will cross 300+ GW of solar installations by 2030 on the back of policy support and cost advantage, it added.

Lenskart: Shares of Lenskart are likely to remain in focus on Friday, May 8, amid two key developments - the expiry of shareholder lock-in restrictions and a large block deal by existing investors.

According to a CNBC-TV18 report, certain existing investors are looking to exit their holdings through a clean-out trade involving up to 70.2 million shares. The block deal was initially estimated at nearly $350 million but has now reportedly been upsized to around $600 million (approximately ₹5,650 crore).

Pidilite Industries: Pidilite Industries Ltd on Thursday reported a 36.63% rise in consolidated net profit to ₹584.15 crore for the March quarter of FY26, helped by volume growth and healthy operating margins.

The company, which manufactures adhesives, sealants, and construction chemicals, had logged a profit of ₹427.52 crore in the January-March period a year ago, according to a regulatory filing by Pidilite Industries.

Its revenue rose 13.24% to ₹3,648.16 crore in the March quarter of FY26. It was ₹3,221.52 crore a year ago.

Pidilite Industries' total expenses increased 9.23% to ₹2,861.51 crore in the March quarter.

For the entire FY26, Pidilite Industries' profit surged 17.86% to ₹2,470.72 crore. The total consolidated income rose 11% to ₹14,867 crore.

SBI: State Bank of India (SBI) on Thursday said the executive committee of its central board will meet on May 12 to decide on raising funds through the issue of $2 billion (around ₹17,000 crore) foreign currency bonds in the current fiscal year.

In a regulatory filing, SBI said the executive committee will "examine the status and decide on long-term fundraising in single/multiple tranches of up to USD 2 billion under Reg-S/144A, through a public offer and/or private placement of fixed/floating rate bonds in US dollars or any other major foreign currency during FY 2026-27".

Lupin: Pharma major Lupin Ltd on Thursday reported an 87.7% jump in consolidated profit after tax (PAT) to ₹1,468.7 crore in the fourth quarter ended March 31, mainly driven by strong performance in the US market.

The company had posted a consolidated profit after tax (PAT) of ₹782.4 crore in the corresponding quarter of the preceding fiscal, Lupin Ltd said in a regulatory filing.

Its consolidated sales in the fourth quarter rose 32.9% to ₹7,391.9 crore against ₹5,562.2 crore logged in the year-ago period, it added.

US sales for Q4 FY2026 jumped 56.9% to ₹3,398.7 crore compared to ₹2,166.6 crore in Q4 FY2025.

India sales climbed 11.5% to ₹1,908.2 crore in Q4 from ₹1,711.3 crore a year ago.

Britannia Industries Ltd: Bakery food company Britannia Industries Ltd on Thursday reported a 21.56% rise in consolidated net profit to ₹679.68 crore for the March quarter of FY26.

The company had posted a net profit of ₹559.13 crore in the January-March quarter a year ago, according to a regulatory filing by Britannia Industries.

Britannia Industries' revenue from the sale of products rose 7% to ₹4,685.95 crore in the March quarter.

Its revenue from operations increased 6.46% to ₹4,718.92 crore in the fourth quarter of FY26. It was ₹4,432.19 crore a year ago.

Britannia's total expenses climbed 6.2% to ₹3,969.96 crore in Q4 FY26.

The total income of Britannia, which includes other income, rose 6.2% to ₹4,774.37 crore in the March quarter.

Coromandel International: Coromandel International on Thursday reported a sharp 80% decline in consolidated net profit to ₹114.64 crore for the fourth quarter of 2025-26, weighed down by a 22.4% surge in expenses.

The Hyderabad-based fertiliser and crop protection major had posted a net profit of ₹578.46 crore in the year-earlier quarter, according to a regulatory filing.

The total income, however, rose to ₹6,003.66 crore for the January-March quarter from ₹4,988.39 crore a year ago. Expenses climbed to ₹5,769.93 crore against ₹4,723.65 crore in the same period.

For the full 2025-26 fiscal, its consolidated net profit fell 7.62% to ₹1,898.14 crore from ₹2,054.71 crore in the preceding fiscal year, while total income surged to ₹31,827.45 crore from ₹24,443 crore.

V-Mart Retail: V-Mart Retail Ltd on Thursday reported a 39% decline in net profit at ₹11.28 crore for the March quarter of FY26.

It had posted a net profit of ₹18.51 crore for January-March FY25, according to a regulatory filing from V-Mart, a value retailer.

Revenue from operations was up 24.5% to ₹970.89 crore in the March quarter. Total expenses were higher by 23% to ₹963.99 crore.

Income from 'Retail Trade' was at ₹965.02 crore, and ₹9.9 crore came from 'Digital Marketplace'.

The total income of V-Mart, which includes other income, in the March quarter was at ₹975.61 crore, up 24.7% year-on-year.

In the entire FY26, the profit was up twofold to ₹124 crore. Total income rose 16.5% to ₹3,804.40 crore.

Westlife Foodworld: Westlife Foodworld, operator of McDonald's restaurants in West and South India, on Thursday reported a 56% year-on-year rise in its consolidated net profit at ₹2.37 crore in the March quarter of FY26.

The company had reported a consolidated net profit of ₹1.52 crore in the January-March quarter a year ago, according to a regulatory filing.

Revenue from operations was up 8.65% at ₹655.36 crore in the March quarter of FY26. It was at ₹603.14 crore in the corresponding quarter a year ago.

This was "driven by healthy guest count momentum and strong brand connect.

Same Store Sales Growth (SSSG) stood at 1.5% for the quarter, with momentum building progressively through the quarter," Westlife Foodworld said in an earnings statement.

BSE: Leading stock exchange BSE Ltd on Thursday reported a 61% jump in consolidated net profit to ₹795.47 crore for the March quarter, on the back of higher income.

The company had posted a consolidated net profit of ₹493.67 crore in the corresponding quarter of the previous financial year.

Total revenue during the January-March period rose to ₹1,630 crore from ₹926.38 crore in the year-ago period, according to a regulatory filing.

The board has recommended a final dividend of ₹10 per equity share for FY26, subject to shareholders' approval at the ensuing annual general meeting.

NTPC: NTPC on Thursday said it has acquired a 26% stake from the Municipal Corporation of Delhi (MCD) held in a joint venture company, NTPC EDMC Waste Solutions.

With this, NTPC EDMC Waste Solutions Private Limited (NEWS) will become a wholly owned subsidiary of NTPC, which presently holds a 74% stake, the power giant said in an exchange filing.

"NTPC has signed an agreement with the Municipal Corporation of Delhi and NTPC EDMC Waste Solutions Private Limited for the termination of the Joint Venture Agreement dated 11th June 2019 and the acquisition of MCD's 26% shareholding (52,000 equity shares) in NEWS," the filing said.

The NTPC Board and House of Corporation, MCD, have accorded approval for the purchase of MCD's 26% stake in NEWS by NTPC.

Thermax: Thermax on Thursday posted a 19% rise in consolidated net profit to ₹244 crore during the March quarter, supported by a rise in income.

It had reported a net profit of ₹205 crore in the year-ago period, the company said in an exchange filing.

During January-March, the company's total income rose to ₹3,481.75 crore from ₹3,123.25 crore in the fourth quarter of the preceding 2024-25 financial year.

The board has recommended a final dividend of ₹14. Further, marking Thermax's 60th anniversary milestone, the board has declared a special dividend of ₹6 per share.

As of March 31, 2026, the order balance for the quarter was ₹13,604 crore (₹10,693 crore), up 27% from the corresponding quarter of the previous year.

Gateway Distriparks: Logistics operator Gateway Distriparks on Thursday reported a 6% year-on-year decline in profit after tax (PAT) to ₹63.7 crore in the March quarter of FY 2025-26.

The company had reported a net profit of ₹67.8 crore in Q4FY25.

Total revenue for the fourth quarter of FY26 stood at ₹533.7 crore, compared to ₹534.9 crore in the year-ago period.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) also declined 1.94% YoY to ₹122.8 crore during the quarter under review, as against ₹125.2 crore in the same period of the preceding fiscal.

The company said during the March quarter it handled 1.98% more cargo at 1,88,179 TEUs (Twenty-foot Equivalent Units), compared to 1,84,518 TEUs in the corresponding quarter a year ago.

Thomas Cook India: Omnichannel travel services company Thomas Cook (India) and its group company SOTC Travel on Thursday announced the signing of a long-term agreement with Vinpearl, Vietnam's hospitality, tourism, and entertainment brand, to further strengthen the country's appeal among Indian travellers.

As part of the agreement, the companies will position Vinpearl as a preferred Vietnam partner, backed by exclusive inventory and priority availability.

"Vietnam has emerged as one of the most exciting growth markets for Indian travellers, and our partnership with Vinpearl reflects our strategic intent to strengthen our leadership in the destination. As leaders in India's travel and tourism sector, we see a significant opportunity in combining our omnichannel reach, strong consumer base, and market expertise with Vinpearl's world-class hospitality and entertainment ecosystem.

Dabur: Homegrown FMCG major Dabur India Ltd on Thursday reported a 15.75% year-on-year increase in its consolidated net profit to ₹362 crore in the March quarter of FY 2025-26, driven by a broad-based performance.

The company had posted a net profit of ₹312.73 crore in the January-March quarter a year ago, according to a regulatory filing.

Its revenue from operations jumped 7.34% to ₹3,038.02 crore in Q4 FY26, compared to ₹2,830.14 crore in the corresponding quarter of the preceding fiscal.

The company's total expenses stood at ₹2,738.37 crore in the March quarter, up 7% YoY.

Dabur India's total income rose 8.13% YoY to ₹3,213.05 crore.

Ceigall India: Ceigall India on Thursday posted a 78% rise in consolidated net profit to ₹129 crore for the quarter ended March 31, 2026, on higher revenues supported by better cost management.

The infrastructure company had reported a net profit of ₹72.4 crore in the year-ago quarter, the company said in a regulatory filing.

During the January-March period of FY 2025-26, the company's revenue from operations rose to ₹1,386.5 crore, up 37% year-on-year from ₹1,011.6 crore in the same quarter of the preceding financial year.

The company's chairman and managing director, Ramneek Sehgal, said for the full FY26, consolidated revenue reached ₹4,022.4 crore, up 17% YoY, with an EBITDA of ₹585.4 crore and margins of 14.6%, "supported by disciplined cost management and improving execution efficiency".

Article prepared by Upstox with inputs from PTI

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from us.  Please consult with a financial advisor before making any investment decisions.

08/05/26, Today's Market Prediction

Driven by a sharp cooling in crude oil prices amid optimism surrounding a potential US-Iran peace agreement, the key benchmark indices of the Indian stock market remained volatile and ended flat on Thursday.

The Nifty 50 index ended marginally lower at 24,326. The BSE Sensex shed 114 points and closed at 77,844. The Bank Nifty index added 66 points and closed at 56,047.

Sectorally, the trend remained mixed, with auto, energy, and realty stocks leading the gains, while FMCG and IT traded under pressure. Broader markets continued to outperform, with the midcap index hitting a fresh record high and gaining over 1%, while the smallcap index also advanced nearly 1%, reflecting sustained risk appetite and improving market breadth.

What Gift Nifty live chart signals?

Driven by a fresh US-Iran clash, WTI crude oil prices today opened higher and reached an intraday high of $98.02/bbl. By 6:50 AM IST, WTI crude oil was trading around $96 per barrel, up 1.25% from yesterday's close. This put pressure on the Gift Nifty live chart. The Index opened lower at 24,309 and touched an intraday low of 24,281. By 6:50 AM, the index was oscillating around 24,295, over 100 points lower than yesterday's close.

Stock market today

Vaishali Parekh, Vice President - Technical Research at Prabhudas Lilladher, believes the Indian stock market sentiment is cautiously positive. However, Prabhudas Lilladher predicted a gap-down opening on Dalal Street, as the Gift Nifty index is trading red, down over 100 points in the early morning session.

Speaking on the outlook for the Nifty 50 today, Vaishali Parekh said the 50-stock index witnessed consolidation near the 24,300 zone, with a narrow, range-bound session, closing flat, with bias and sentiment maintained positive, with a slightly cautious approach.

"The Nifty 50 index would need to sustain above the near-term support of the 24,000 level, while the important support zone is positioned near the 23,800 level, which needs to be sustained as of now. On the upside, a breach above the 24,600 level shall trigger the next higher targets of 24,800 and 25,000 levels in the coming days," said Parekh.

On the outlook for the Bank Nifty today, Parekh said the index ended flat near the important 50-EMA zone at 56,000, with a range-bound session, maintaining the bias and sentiment intact.

"The Bank Nifty index would have the important near-term support at the 54,400 level, while the major and crucial support is positioned near the 53,500 level, which needs to be sustained. On the upside, as mentioned, the 200-period MA at the 57,200 level would be the important hurdle which needs to be breached decisively above to establish conviction further ahead," said Vaishali Parekh of Prabhudas Lilladher.

Vaishali Parekh's stock recommendations for today

Regarding stocks to buy today, Vaishali Parekh recommended these three buy-or-sell stocks: IEX, KEC International, and Sula Vineyards.

1] IEX: Buy at ₹132, Target ₹138, Stop Loss ₹130;

2] KEC International: Buy at ₹600, Target ₹625, Stop Loss ₹590; and

3] Sula Vineyards: Buy at ₹175, Target ₹185, Stop Loss ₹170.

Report by Mint

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not of us We advise investors to check with certified experts before making any investment decisions.

07/05/26, Gold prices on Thursday (May 7, 2025) continued to rise in the retail market. 24 carat gold in Delhi increased to ₹1,55,830 per 10 gm.

On Wednesday, 24 carat gold in the National Capital was retailing at ₹1,55,190 per 10 gm.

Historically, while gold is viewed as a safe-haven and shows an upward price trend in times of uncertainty, this time around amid the US-Iran war- price has been showing a negative trend

Gold rates at major jewellery brands

As of May 7, 2026, here below are the latest rates across major brands.

Tanishq: 22 carat gold is priced at ₹1,40,200 per 10 gm, while the price of 24 carat gold is ₹1,52,950. Further, 18 carat gold was priced at ₹1,14,710.

Joyalukkas: 22 carat gold is priced at ₹1,40,250 per 10 gm.

Kalyan Jewellers: 22 carat gold is priced at ₹1,39,750 per 10 gm, while the price of 24 carat gold is ₹1,52,450. Similarly 18 carat gold has also surged in price to ₹1,14,340 per 10 gm.

Malabar Gold: 22 carat gold is priced for ₹1,40,250 and 24 carat gold is retailing at ₹ 1,53,000 per 10 gm.

India Bullion and Jewellers Association (IBJA's) indicative retail selling rates for gold jewellery are as below:

Fine gold (999): 15,124

22 carat: 14,761

18 carat: 12,250

14 carat: 9755

👉Factors influencing gold rate today

After a steady start internationally, gold climbed amid softening dollar as investors watched out for potential peace talks between the US and Iran.

On the MCX, gold June futures at around 3:45 pm traded with gains of 0.53% or ₹807 at ₹1,52,939 per 10 gm. Meanwhile, the US gold futures traded with gains of over 1% at $4,743.5 per ounce.

On the US-Iran war front, Iran said that it is reviewing Washington's peace proposals aiming to end the conflict, as US President threatened of fresh strikes if no deal is reached.

Also, decline in the crude oil price lent support to the precious yellow metal. After hitting past $110 per barrel level, brent crude now is hovering below $100 per ounce, marking substantial decline.

According to a recent Morgan Stanley report, gold's status as a 'safe haven' asset is now facing a test, with prices taking a downturn in the wake of the ongoing geo-political tensions.

The report noted that even as gold tends to outperform in times of crisis, this time around, it has underperformed many asset classes, questioning its reliance during turbulence.

Since the war began, gold prices are down by almost 10%.

Investors are now keeping a close watch on the monthly US employment report due to be released on Friday.

Report by Upstox 

07/05/26, Indo Thai Securities

Shares of Indo Thai Securities are likely to attract investor interest in Friday's trade, 8 May, after the company reported a robust set of numbers for the quarter ended March 2026. The company on Thursday announced a net profit of ₹ 26.18 crore, marking a sharp turnaround from a net loss of ₹ 2.58 crore in the year-ago quarter.

Sequentially as well, profit improved 54% from ₹17 crore reported in the December quarter. On the top line, the company reported revenue of ₹38.34 crore, registering a sharp jump from ₹5.93 crore in the corresponding quarter last year and ₹27.84 crore in Q3FY26.

In terms of segment-wise performance, the company generated ₹38.25 crore in revenue from equities, brokerage, and other related activities, which contributed nearly 99% of total revenue. Meanwhile, revenue from real estate activities and manufacturing activities stood at ₹14.85 lakh and ₹1.40 lakh, respectively.

For FY26, the company reported revenue of ₹103.81 crore, compared to ₹26.33 crore in the previous fiscal year, while net profit surged to ₹66.16 crore from ₹7.89 crore a year ago.

Established in 1995, Indo Thai is a leading NSE-BSE full-service broker in India. As a group of 16 companies, including ventures in real estate, green technology (Femto), and IFSC, the company offers personalised investment and financial services to high-net-worth individuals, corporations, and mega traders.

Along with the company's financial performance, the company announced a dividend of ₹0.10 per share.

"The board of directors has recommended a dividend of Re. 0.10/- (Ten Paisa), i.e., at the rate of 10% on the face value of Re. 1/- of the company for the financial year ended March 31, 2026, subject to approval of members in the ensuing Annual General Meeting," the company said in its regulatory filing.

Indo Thai Securities rebounds 30% from February lows

The company's shares have staged a strong rebound in recent months, recovering 30% from their February lows. The rally came after the stock suffered a sharp one-way decline, losing a cumulative 43% in just two months.

Zooming out, the stock has delivered stellar long-term returns. From a trading price of just ₹5.22 five years ago, it has skyrocketed by an astounding 5,757% to its current market price of ₹305.75

This extraordinary performance includes massive gains in certain calendar years, with returns of 455% in CY24 and 132% in CY25. The massive rise in the share price over a short period has significantly boosted investor wealth.

Meanwhile, the stock has been trading on an ex-split basis in the ratio of 1:10 since July 2025.

Source:Mint

Disclaimer: We advise investors to check with certified experts before making any investment decisions.

07/05/26, PostMarket REPORT

The equity benchmark indices were seen trading in the green in the afternoon session on Thursday, May 7, tracking their Asian peers as market investors remain hopeful of a potential peace deal between the US and Iran.

At 1 PM, the S&P BSE SENSEX was up 89.97 points, or 0.12%, at the 78,048.49 level, while NSE's NIFTY50 was trading at the 24,384.45 level, rising 53.50 points, or 0.22%.

HDFC Life Insurance was the most contributing stock, rising 3.16%, followed by Bajaj Auto (3.15%), Mahindra & Mahindra (2.69%), Shriram Finance (1.74%) and NTPC (1.61%).

On the flip side, Titan (-1.53%), Hindustan Unilever (-1.41%), TCS (-0.97%), Bajaj Finserv (-0.88%) and Tech Mahindra (-0.8%) were the biggest losing stocks on the 50-share index.

Buzzing stocks on May 7: Check list

Paytm

Shares of One 97 Communications, the parent company of Paytm, surged as much as 7% to ₹1,186 apiece on Thursday, after the company reported its financial results for the quarter and year ended March 31, 2026.

The company reported a consolidated net profit of ₹184 crore for the quarter ended March 31, 2026 (Q4 FY26). It had reported a loss of ₹540 crore in the year-ago period. Its revenue from operations came in at ₹2,264 crore, up 18.4% against ₹1,912 crore logged in the year-ago period.

For the full fiscal year 2025-26 (FY26), Paytm reported a revenue of ₹8,437 crore, up 22% YoY, while EBITDA came in at ₹502 crore, against the loss of ₹1,506 crore in the previous fiscal.

Meesho

Meesho shares gained 8% to a day high of ₹211.34 apiece on Thursday as the company reported a 47.1% YoY increase in revenue to ₹3,531 crore compared to ₹2,400 crore revenue in the same quarter last year. Revenue remained flat on a sequential basis.

The company managed to narrow down its losses sharply by 88% to ₹166 crore in Q4FY26. Meesho reported a net loss of ₹1,391 crore in Q4 FY25. Net loss was also lower compared to the ₹491 crore loss reported in the previous quarter.

For the full year ended 31 March 2026, Meesho's revenue rose 34.4% to ₹12,626 crore from ₹9,390 crore a year earlier. Meanwhile, its full-year loss stood at ₹1,358 crore compared to ₹3,942 crore in FY25, down by 65.5% YoY.

Bajaj Auto

Shares of two-wheeler manufacturer Bajaj Auto hit their 52-week high on Thursday, a day after the firm released its earnings for the quarter ended March 31, 2026. The stock rose as much as 4.07% to ₹10,740 per unit on the NSE. At 12:48 PM, it was up 2.81% to ₹10,608.5 apiece.

Bajaj Auto reported a standalone net profit of ₹2,746 crore in the fourth quarter of the current financial year (Q4 FY26), marking an increase of 34% driven by strong operating performance from ₹2,049 crore in the same period last year.

The Pune-based company's revenue from operations also surged 32% in the reporting quarter to ₹16,006 crore as compared to ₹12,148 crore on a year-on-year (YoY) basis.

Along with its earnings, Bajaj Auto's board of directors has also recommended a dividend of ₹150 per share (1500% of the face value of ₹10) for FY26, subject to shareholders' approval at the AGM. If approved, the dividend will be paid on or around July 24, 2026, to shareholders on record as of May 29, 2026, which has been fixed as the record date.

In FY26, Bajaj Auto reported its highest-ever volumes, exceeding 5 million units with a 10% YoY growth, surpassing its previous peak achieved in FY19.

CG Power

CG Power and Industrial Solutions shares rallied 5.2% to hit a 52-week high of ₹872.35 apiece on Thursday, after the company reported a positive quarter. The company posted a 34% jump in its consolidated profit to ₹365 crore for the quarter ended March 2025-26. In the corresponding period of the previous fiscal year, its profit was ₹272 crore.

The Mumbai-headquartered company's revenue from operations rose 25% in the January-March period to ₹3,442 crore from ₹2,753 crore in the year-ago period.

Its order intake rose 23% YoY to ₹4,505 crore, while the unexecuted order backlog stood at ₹15,719 crore as of March 31, 2026, marking a 59% growth compared to the previous year.

Brigade Enterprises

Shares of Brigade Enterprises tumbled nearly 5% to an intraday low of ₹772.25 apiece on Thursday after the board of directors decided to declare a bonus issue of shares for the investors at a ratio of 1:3 with a face value of ₹10 apiece.

If approved, the NSE filing data showed that Brigade Enterprises' board will grant one bonus share to every investor holding three equity shares in the company, based on eligibility up to the predetermined record date of the corporate action.

The real estate developer, Brigade Enterprises' board, also announced a ₹2 per share final dividend with a face value of ₹2 per share for shareholders subject to the necessary approval, according to the exchange filing.

Brigade Enterprises recorded a 23% fall in its March quarter net profit after tax (PAT) to ₹190 crore, compared year-on-year with ₹249 crore in the same period of the previous financial year.

Godrej Consumer Products

Shares of Godrej Consumer Products slipped as much as 5.4% to an intraday low of ₹1,035 apiece on Thursday as the firm's March quarter earnings failed to impress the investors. It posted a 9.68% YoY surge in its consolidated profit after tax (PAT) to ₹451.77 crore in Q4 FY26, compared to ₹411.90 crore in the same period last year.

The company's revenue from operations jumped 10.99% YoY to ₹3,900.44 crore for the reporting quarter, as against ₹3,514.23 crore in the fourth quarter of the 2024-25 fiscal year (Q4 FY25).

The top-line advanced on the back of 6% underlying volume growth and 7% growth on a constant currency basis, according to a regulatory filing. Its EBITDA (earnings before interest, tax, depreciation and amortisation) grew by 10% YoY in Q4 FY26 and had an EBITDA margin of 21.7%.

Godrej Consumer Products' board of directors also declared an interim dividend of ₹5 per share (500%) with a face value of ₹1 each for the financial year 2026-27.

MRF

Shares of MRF jumped 3% to an intraday high of ₹1,33,950 apiece on Thursday after the tyre manufacturer posted a 37.56% increase in its consolidated net profit to ₹702.25 crore in the latest March quarter, compared to ₹510.5 crore a year back. Its revenue from operations rose 13.70% YoY to ₹8,044.22 crore.

The company's board also recommended a final dividend of ₹229/- (2290%) per share of ₹10 each, subject to approval of shareholders at the ensuing annual general meeting.

Report by Upstox

07/05/26, CG Power and Industrial Solutions shares rallied 5.2% to hit a 52-week high of ₹872.35 apiece on Thursday, May 7, after the company reported a positive quarter

The company posted a 34% jump in its consolidated profit to ₹365 crore for the quarter ended March 2025-26. In the corresponding period of the previous fiscal year, its profit was ₹272 crore.

The Mumbai-headquartered company's revenue from operations rose 25% in the January-March period to ₹3,442 crore from ₹2,753 crore in the year-ago period.

The firm reported stable operational performance in Q4 FY26 as its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation), also known as operating profit, surged to ₹467 crore as against ₹347 crore a year earlier, marking a growth of 34.5%.

The company's EBITDA margin improved to 13.57% on a year-on-year (YoY) basis in contrast to 12.6% reported in the same quarter of the previous fiscal year.

CG Power, in a statement, said that its aggregate sales for the quarter were higher at ₹3,129 crore, recording a growth of 22% YoY. The company also reported an annualised ROCE² (Return on Capital Employed) at 27% during the quarter.

Its order intake rose 23% YoY to ₹4,505 crore, while the unexecuted order backlog stood at ₹15,719 crore as of March 31, 2026, marking a 59% growth compared to the previous year.

FY26 updates

For FY26, the firm witnessed an aggregate sales of ₹11,331 crore, marking a 21% YoY growth. The profit after tax (before exceptional items) increased 39% to ₹1,352 crore, compared with ₹974 crore in FY25. The PAT margin improved to 11.9% of sales from 10.4% in the previous financial year, while ROCE² (Return on Capital Employed) for the year stood at 22%.

The company's order intake during FY26 grew 30% YoY to ₹17,574 crore. Its unexecuted order backlog stood at ₹15,719 crore as of March 31, 2026, marking a 59% increase compared to the previous year.

Analysts view

Following the earnings, analysts at Jefferies said EBITDA missed estimates by 17%, impacted by continued losses in the semiconductor business and lower margins in the Industrials segment.

They noted that the Power business continued to drive profitability, with the outlook remaining robust across domestic as well as export markets. However, it said concerns remain over the industrial segment dragging down the company's overall profit growth.

CG Power share price

At 11:07 AM, shares of CG Power were trading at ₹868.45 apiece on the National Stock Exchange, surging 4.77%.

Shares of the firm have gained 25% over a month, while they have zoomed 18.5% in the past six months. From the beginning of the year, shares of CG Power have soared over 36%.

The company has a total market capitalisation of ₹1.36 lakh crore, according to data from the NSE.

Report by Upstox,  source:Dailyhunt

07/05/26, BEL Dividend

Bharat Electronics Q4 Results: State-run aerospace and defence electronics company Bharat Electronics will release its fresh set of numbers for the March quarter of the financial year 2025-26 on May 19.

"We wish to inform that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, the 19th May, 2026 to consider and approve, inter alia, Audited Standalone & Consolidated Financial Results for the quarter and year ended 31st March, 2026 and also to consider recommendation of final dividend for the financial year 2025-26," Bharat Electronics said in an exchange filing.

Bharat Electronics Q4 results, dividend date and time

Bharat Electronics will declare earnings for the January-March quarter of FY26 and recommend a final dividend, if any, on Tuesday, May 19. The company has not announced the time to release its earnings. In Q3, results were declared during market hours.

Bharat Electronics share price

Shares of Bharat Electronics fell 0.31% to ₹436.85 apiece on the NSE on Thursday, May 7, at 12:01 pm. Its market capitalisation stands at ₹3,19,620.08 crore.

The stock had hit its 52-week high of ₹473.45 per share on March 6, 2026, while its 52-week low of ₹304.80 apiece was recorded on May 8, 2025.

The scrip has gained 1.18% in the past week and 2.01% in a month. Year-to-date, it has climbed 9.73%.

How did Bharat Electronics perform in Q3 FY26?

Bharat Electronics posted a consolidated net profit of ₹1,579.1 crore in Q3 FY26, up 20.45% compared to ₹1,310.95 crore profit after tax in the same period of the previous fiscal year.

Its revenue from operations surged 23.96% to ₹7,153.85 crore in the third quarter of the financial year 2025-26 as against ₹5,770.69 crore in the year-ago period.

Its earnings before interest, taxes, depreciation and amortisation (EBITDA) advanced 27.3% to ₹2,127 crore in Q4 FY26 as against ₹1,670 crore a year back

Source: Upstox 

07/05/26, Stocks to BUY, SELL or HOLD Today: Brokerages remained selective on Indian equities today, backing stocks such as Polycab India, Shree Cement and Bajaj Auto with fresh "Buy" and "Overweight" calls.

Meanwhile, caution persisted on Kansai Nerolac Paints, SRF Ltd and Exide Industries as analysts flagged limited upside and valuation concerns despite broader optimism across industrial, auto and capital goods sectors.

Stock	Brokerage	Recommendation	Target Price (Rs)
Shree Cement	Elara Capital	Buy	31,171
Shree Cement	Emkay Global Financial Services	ADD	27,500
Shree Cement	Motilal Oswal Financial Services	Neutral	26,000
Home First Finance	Morgan Stanley	Overweight	1,560
Kansai Nerolac Paints	Morgan Stanley	Underweight	191
Polycab India	Elara Capital	Accumulate	8,920
Polycab India	Goldman Sachs	Neutral	8,140
Polycab India	Morgan Stanley	Overweight	8,707
Polycab India	Motilal Oswal Financial Services	Buy	9,800
Godrej Consumer Products	Morgan Stanley	Equal-weight	1,159
SRF Ltd	Morgan Stanley	Underweight	2,209
SRF Ltd	Emkay Global Financial Services	ADD	3,000
SRF Ltd	Nuvama Institutional Equities	BUY	3,402
KPIT Technologies	Goldman Sachs	Neutral	730
Shyam Metalics	Goldman Sachs	Buy	1,065
Paytm	Bernstein	Outperform	1,500
Mahindra & Mahindra	Bernstein	Outperform	4,200
Bajaj Auto	Emkay Global Financial Services	BUY	12,600
CG Power	Emkay Global Financial Services	BUY	875
CG Power	Motilal Oswal Financial Services	Buy	940
Firstsource Solutions	Emkay Global Financial Services	ADD	250
Shoppers Stop	Motilal Oswal Financial Services	Neutral	370
Alkyl Amines Chemicals	Motilal Oswal Financial Services	Neutral	1,720
Exide Industries	Motilal Oswal Financial Services	Neutral	327
Exide Industries	Nuvama Institutional Equities	REDUCE	300
PB Fintech	Motilal Oswal Financial Services	Neutral	1,870
Birlasoft	Emkay Global Financial Services	ADD	400
Hero MotoCorp	Emkay Global Financial Services	ADD	6,000
Hero MotoCorp	Nuvama Institutional Equities	BUY	6,000

Shree Cement Share Price Target 2026

• 'Elara Capital' maintains 'Buy' with a target of Rs 31,171
• 'Emkay Global Financial Services' downgrades to 'ADD' with a target of Rs 27,500
• 'Motilal Oswal Financial Services' maintains 'Neutral' with a target of Rs 26,000

Home First Finance Share Price Target 2026

'Morgan Stanley' maintains 'Overweight' with a target of Rs 1,560

Kansai Nerolac Paints Share Price Target 2026

'Morgan Stanley' maintains 'Underweight' with a target of Rs 191

Polycab India Share Price Target 2026

• 'Elara Capital' maintains 'Accumulate' with a target of Rs 8,920
• 'Goldman Sachs' maintains 'Neutral' with a target of Rs 8,140
• 'Morgan Stanley' maintains 'Overweight' with a target of Rs 8,707
• 'Motilal Oswal Financial Services' maintains 'Buy' with a target of Rs 9,800

Godrej Consumer Products Share Price Target 2026

'Morgan Stanley' maintains 'Equal-weight' with a target of Rs 1,159

SRF Ltd Share Price Target 2026

• 'Morgan Stanley' maintains 'Underweight' with a target of Rs 2,209
• 'Emkay Global Financial Services' maintains 'ADD' with a target of Rs 3,000
• 'Nuvama Institutional Equities' maintains 'BUY' with a target of Rs 3,402

KPIT Technologies Share Price Target 2026

'Goldman Sachs' maintains 'Neutral' with a target of Rs 730

Shyam Metalics Share Price Target 2026

'Goldman Sachs' maintains 'Buy' with a target of Rs 1,065

Paytm Share Price Target 2026

'Bernstein' maintains 'Outperform' with a target of Rs 1,500

Mahindra & Mahindra Share Price Target 2026

'Bernstein' maintains 'Outperform' with a target of Rs 4,200

Bajaj Auto Share Price Target 2026

'Emkay Global Financial Services' maintains 'BUY' with a target of Rs 12,600

CG Power Share Price Target 2026

• 'Emkay Global Financial Services' maintains 'BUY' with a target of Rs 875
• 'Motilal Oswal Financial Services' maintains 'Buy' with a target of Rs 940

Firstsource Solutions Share Price Target 2026

'Emkay Global Financial Services' maintains 'ADD' with a target of Rs 250

Shoppers Stop Share Price Target 2026

'Motilal Oswal Financial Services' maintains 'Neutral' with a target of Rs 370

Alkyl Amines Chemicals Share Price Target 2026

'Motilal Oswal Financial Services' maintains 'Neutral' with a target of Rs 1,720

Exide Industries Share Price Target 2026

• 'Motilal Oswal Financial Services' maintains 'Neutral' with a target of Rs 327
• 'Nuvama Institutional Equities' downgrades to 'REDUCE' with a target of Rs 300

PB Fintech Share Price Target 2026

'Motilal Oswal Financial Services' maintains 'Neutral' with a target of Rs 1,870

Birlasoft Share Price Target 2026

'Emkay Global Financial Services' maintains 'ADD' with a target of Rs 400

Hero MotoCorp Share Price Target 2026

• 'Emkay Global Financial Services' maintains 'ADD' with a target of Rs 6,000
• 'Nuvama Institutional Equities' maintains 'BUY' with a target of Rs 6,000
• 
  
• Source:EconomicTimes

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. We suggest  readers and investors to consult their financial advisors before making any money-related decisions.)

07/05/26, Economic Times Report on Oil price

Oil prices edged higher on Thursday, rising slightly to trade over 1 per cent up across key benchmarks. West Texas Intermediate crude was at USD 96.36, gaining USD 1.28 or 1.35 per cent, while Brent crude climbed to USD 102.40, up USD 1.13 or 1.12 per cent.

Oil prices inched marginally higher on Thursday but had declined sharply a day earlier as easing geopolitical tensions surrounding a potential U.S.-Iran deal weighed on energy markets, with crude falling more than 6 per cent in the previous session. Brent crude futures hovered around USD 102 per barrel, while WTI traded near USD 96.3 per barrel. In contrast to the drop in oil, precious metals saw upward momentum, gold was around USD 4,705 per ounce, and silver surged more than 5 per cent to approximately USD 78

Meanwhile, U.S. equities staged a strong rally, with major indices posting solid gains amid improving geopolitical sentiment. The Dow Jones Industrial Average climbed 612 points, or 1.24 per cent, while the S&P 500 advanced 1.46 per cent to reach a fresh record high. The tech-heavy Nasdaq outperformed, rising 2.02 per cent and also setting a new all-time peak, as investors responded positively to expectations of easing tensions between the United States and Iran.

Markets surged on the heels of reports suggesting that Washington and Tehran are close to finalising a multi-point framework agreement aimed at reducing conflict risks. U.S. President Donald Trump indicated that a deal could be concluded within a week, though he said that military action remains a possibility if negotiations break down. The prospect of reduced geopolitical strain led to a sharp pullback in oil prices, while strong corporate updates added further momentum, DoorDash shares jumped 12 per cent on upbeat order forecasts, and Fortinet surged 16 per cent after improving its annual outlook.

Global markets mirrored the upbeat mood, with Europe's DAX, CAC 40, and FTSE 100 rising between roughly 2 per cent and 3 per cent, while Japan's Nikkei 225 surged 4.5 per cent. In contrast, South Korea's KOSPI slipped 1 per cent.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. We suggest  readers/investors  to consult their financial advisors before making any money related decisions.)

07/05/26, NSE Electronic Gold Receipt:

The National Stock Exchange recently launched a brand new segment for gold investors. NSE announced the launch of EGR, which is a new segment aimed at bringing greater transparency, efficiency and formalisation in India's gold market.

Just like stocks, investors can buy, sell or trade NSE's EGR, which is fully backed by original gold.

What Are NSE EGRs?

The recently launched NSE EGRs are dematerialised securities that lets investors enjoy ownership of gold without worrying about gold storage and its purity. Every unit of NSE EGR is backed by physical gold and investors can buy and sell the EGR.

The underlying gold is stored in Securities and Exchange Board of India-accredited vaults and recorded through depositories. Each receipt is fully backed by gold in storage and can be bought or sold on the NSE, similar to other demat instruments.

NSE EGR: How Will It Benefit Investors?

NSE explained that EGRs allow investors, including small buyers, to gain exposure to gold in smaller tradable units. Investors can hold these receipts in demat accounts and trade them during exchange hours. The design aims to offer better liquidity than physical bars or coins, while keeping transaction processes standardised and controlled.

Key Benefits of NSE EGR

The main benefit of NSE EGR is that investors can purchase gold in electronic format at a unified price that remains unchanged across the country at a single point in time. The NSE EGR will be easily tradable on the exchange, it will be more convenient than physical gold and can provide liquidity and assured gold quality. The segment offers fungibility of the gold delivery and settlement guarantee for investors. People can hold NSE EGR in a demat account, like stocks and flexible trading in various gold denominations.

Different Types of NSE EGR Categories

NSE EGR is available in different categories. In EGR-999 Purity, GLD1KG99, GOLD100G99, GOLD10G99, GOLD1G99, GLD100MG99 are available. In EGR-995 Purity, GLD1KG95, GOLD100G95, GOLD10G95, GOLD1G95, and GLD100MG95 are available.

NSE stated that the Electronic Gold Receipts segment is designed to build a stronger ecosystem for gold trade in India. The exchange expects better price discovery, wider participation from jewellers, refiners, traders and institutional investors, and higher confidence across the gold market as trading moves onto an organised and monitored platform.

Report by Sharmila Bhadoria of Goodreturns