Day

April 16, 2026
Tejas Networks reported a significant widening of its net loss to Rs 211.3 crore in Q4 FY26, with revenue plummeting 82.6% year-on-year. Despite the weak operational performance, the company’s order book grew 49% to Rs 1,514 crore, indicating strong future demand.
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Om Power Transmission’s ₹150 crore IPO allotment was finalised on Wednesday after a modest 3.33x subscription, led by stronger HNI participation. Shares will be credited and refunds processed on April 16, with listing scheduled on April 17 on the BSE and NSE. Investors can check allotment status via the registrar MUFG Intime India or on...
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Indian companies scaled back overseas bond issuances as improved domestic liquidity and a weaker rupee made local fundraising more attractive.
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Jewellery company shares have seen significant gains. Strong demand from weddings and festivals is driving sales. Consumers are spending despite high gold prices. Same-store sales are showing sharp improvements. Companies are expanding their store networks. International operations are also performing well. This positive trend is expected to continue.
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An AMC plans to be the first mover with a ₹1,000 crore bond issue, seeking to leverage strong liquidity conditions and early investor interest in the debt market.
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Wipro shares are in focus today as the IT giant prepares to unveil its January-March quarter results for FY26, alongside its first share buyback in over five years. Analysts anticipate steady revenue but a dip in profitability due to wage hikes and acquisition costs. Investors will be watching for details on the buyback and the...
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Thirteen stocks signaled bullish momentum by crossing above their 200-day moving averages, indicating potential strength and upward trend continuation.
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