Nifty ends five-day rally week on a quiet high; FMCG steals the show

by Hansraj Agrawal | Apr 17, 2026 | Business

Markets closed Friday’s session on a positive note, extending gains for the fifth consecutive day, as easing West Asia tensions, softer crude prices, and a strengthening rupee kept investor sentiment constructive — even if the pace of the rally dialled down from earlier in the week.

The BSE Sensex settled at 78,493.54, gaining 504.86 points or 0.65 per cent, while the Nifty 50 closed at 24,353.55, up 156.80 points or 0.65 per cent.

For the week, the Nifty gained 1.3 per cent, capping a remarkable ten-session run that has seen the index rally nearly 10 per cent from its recent lows.

Broader markets once again outpaced the benchmarks, with the Midcap 100 rising 1.3 per cent and the Smallcap 100 gaining 1.5 per cent on the day. Over the past 15 sessions, the Smallcap index has rebounded nearly 17 per cent, with the Midcap index recovering around 15 per cent.

The dominant theme of the session was a decisive rotation into defensives.

The Nifty FMCG index surged over 2.6 per cent, emerging as the clear sectoral leader, driven by a combination of price hikes, healthy business updates, and valuation comfort.

Hindustan Unilever and Nestle India were the top Nifty gainers on the day. VST Industries and Colgate-Palmolive also attracted strong buying. IT was the sole sectoral laggard, with Wipro and HDFC Life closing with losses following earnings-related concerns. Of the Nifty 500 universe, 402 stocks ended in the green.

The geopolitical backdrop continued to ease. A 10-day ceasefire between Israel and Lebanon, combined with renewed optimism around US–Iran diplomatic engagement, pushed crude meaningfully lower — US oil prices fell over 4.7 per cent, slipping below the $90 mark, while Brent held below the $100 threshold.

India VIX declined below the 18 mark to around 17.7, its lowest since the onset of recent tensions, signalling a gradual unwinding of the conflict-driven risk premium.

Hariprasad K, SEBI-registered Research Analyst and Founder of Livelong Wealth, noted that “…the market appears to be transitioning into a more stable phase after recent volatility, supported by easing geopolitical risks, cooling volatility, and sectoral rotation.”

The rupee strengthened to 92.86 against the dollar — a gain of 28 paise — supported by a softer dollar index hovering near 98, improving risk sentiment, and expectations around India-US trade discussions.

The currency briefly dipped below the 93 mark during the session. Crucially, FIIs turned net buyers for the second straight session, picking up ₹382 crore, marking a trend shift that markets will be watching closely.

On the technical front, the Nifty held firmly above its 50-day EMA and has now ended three consecutive weeks in the green — the first such streak since November 2025. Immediate resistance sits at 24,400, followed by the more significant 24,800–24,850 zone where the 200-day EMA coincides with notable open interest build-up.

Ajit Mishra of Religare Broking flagged that “…gains remained capped due to stock-specific pressure, particularly in select heavyweight names following earnings-related concerns, along with cautious positioning ahead of key results from private banking majors.”

That earnings calendar will define early trade next week. Results from HDFC Bank, ICICI Bank, and Yes Bank are due on Saturday and are likely to set the tone for the banking sector.

As Siddhartha Khemka of Motilal Oswal put it, “…Indian equities are likely to consolidate at higher levels next week,” with the critical monitorable being the second round of US–Iran diplomatic talks, with a ceasefire deadline of April 22 fast approaching. Any breakthrough — or breakdown — on that front could swiftly alter the market’s carefully rebuilt composure.

Published on April 17, 2026

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Angel One shares jump 10% after strong Q4 earnings growth

by Hansraj Agrawal | Apr 17, 2026 | Business

Shares of Angel One settled over 10 per cent higher , reacting positively to the company’s March quarter (Q4 FY26) earnings that showed solid sequential growth across key metrics.

The stock closed at ₹322.47 on the NSE, hitting an intraday high of ₹324.40 from the previous close of ₹292.61.

The company reported a consolidated profit after tax of ₹320.2 crore in Q4FY26, compared with ₹268.7 crore in Q3FY26, marking a 19.2 per cent increase on a q-o-q basis, and 83.4 per cent y-o-y from ₹174.5 crore in Q4FY25.

Total gross revenue came in at ₹1,467.2 crore, up 9.7 per cent from ₹1,337.7 crore in the previous quarter, reflecting steady business momentum.

Operating performance also improved, with consolidated EBDAT rising to ₹472.8 crore in Q4 FY26 from ₹405 crore in Q3 FY26, registering a 16.7 per cent quarter-on-quarter growth.

Assets under management (AUM) stood at ₹10,080 crore as of March 2026, reflecting a sharp 22.7 per cent increase over the previous quarter, indicating strong client inflows and market participation.

On the capital front, the company raised ₹50 crore during the quarter through private placement of non-convertible debentures (NCDs).

The board also approved an increase in borrowing limits up to ₹20,000 crore and cleared plans to raise up to ₹1,500 crore via NCDs in one or more tranches.

In addition, Angel One approved strategic investments of ₹150 crore each in its wholly-owned subsidiaries, Angel Fincap Private Limited and Angel One Wealth Limited, through subscription to equity shares or compulsorily convertible preference shares, aimed at strengthening its financial services ecosystem. Follow our Q4 Live updates here

The combination of improved earnings, rising AUM and capital allocation plans appears to have boosted investor sentiment, driving the stock higher following the Q4 announcement.

Commenting on the performance, Dinesh Thakkar, Chairman & Managing Director, Angel One, said, “Angel One is proactively aligning to this shift through disciplined execution, strengthening its core business while scaling new growth engines. Business performance for the quarter reflected an improvement in client activity, average daily orders and operating margins returning to our guided range, reinforcing our confidence in the structural drivers of the core business.”

Ambarish Kenghe, Group CEO of Angel One, said, FY26 was a pivotal year marked by deeper adoption of artificial intelligence, including upgrading “Ask Angel” into a conversational assistant and embedding AI across operations, with roughly 25 per cent of code now AI-generated to improve efficiency and speed.

Brokerages maintain positive stance

Brokerages maintained a positive stance on Angel One following its Q4 FY26 performance, citing strong earnings growth and sustained trading momentum.

Citi retained a buy rating with a target price of ₹340, highlighting an 84 per cent year-on-year rise in profit after tax, which came in about 6 per cent ahead of its estimates. The brokerage noted that on a quarter-on-quarter basis, core profit before tax rose 19 per cent, driven by a sharp uptick in trading volumes and some reversal in employee costs. It added that retail activity remained robust, supported further by market volatility, with overall trading orders growing 31 per cent year-on-year and 13 per cent sequentially. Realisations per order saw a marginal uptick across segments, while the margin trading funding (MTF) book declined around 8 per cent sequentially.

Investec also maintained a buy rating with a target price of ₹340, stating that higher broking realisations and improved net interest income supported the earnings beat. The brokerage pointed to the company’s digital-first model as a key driver of operating leverage and said wealth management continues to gain traction through new initiatives. However, it flagged that cash market share remains an area to watch, while valuations appear reasonable at current levels.

Published on April 17, 2026

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Q4 Results 17th Apr Live: Mastek Q4 profit up y-o-y, Bajaj Consumer Care Q4 profit soars, Jio Financial, Aditya Birla Money to announce Q4 results, Wipro & HDFC Life top losers

by Hansraj Agrawal | Apr 17, 2026 | Business

business report with magnifying glass
| Photo Credit:
bluebay2014

Q4 Results Today, April 17, 2026, Live Updates: Find all the latest Q4 results 2026 updates of Bajaj Consumer Care Ltd, Aditya Birla Money Ltd, Blue Blends (India) Ltd, Bridge Securities Ltd, Eco Hotels And Resorts Ltd, Hathway Cable & Datacom Ltd, Infomedia Press Ltd, Integrated Hitech Ltd, Jio Financial Services Ltd, Mastek Ltd, National Standard (India) Ltd, SecUR Credentials Ltd, Sanathnagar Enterprises Ltd, Wherrelz IT Solutions Ltd, and Yuranus Infrastructure Ltd.

Wipro, HDFC Life Insurance Company, HDFC Asset Management Company, CRISIL, Angel One, Waaree Renewable Technologies, Alok Industries, VST Industries and more are in focus.

Stay tuned for more updates from businessline

Q4 RESULTS TODAY | HIGHLIGHTS | STOCKS IN ACTION

Mastek Q4 PAT up 23.6 per cent y-o-y to ₹106.15 crore, declines q-o-q
Bajaj Consumer Care Q4 con. PAT nearly doubled to ₹63.59 crore
Wipro shares in red; PAT up 12.3 per cent q-o-q to ₹3,501 crore, down 1.9 per cent y-o-y

HDFC Asset Management Company shares in green; PAT down 2.4 per cent y-o-y to ₹622.66 crore, revenue up 17 per cent y-o-y to ₹1,051.51 crore
Angel One shares positive; PAT up 19.2 per cent q-o-q to ₹320.2 crore
Waaree Renewable Technologies shares jumped; PAT up over 66 per cent y-o-y to ₹155.72 crore
Stay tuned for more updates

April 17, 2026 16:32

Mastek Q4 results live: Comments from Deepak Kedia, CFO of Mastek

Deepak Kedia, CFO of Mastek, said the company delivered a resilient Q4 FY26 performance, maintaining EBITDA margins at 16.1 per cent and PAT margins at 11.0 per cent despite the impact of wage revisions and labour-related costs.

“Our emphasis on working capital efficiency is translating into tangible outcomes, with DSO improving to 73 days and a healthy addition to cash and cash equivalents of ₹139.7 crore, resulting in a closing balance of ₹938.5 crore. This robust cash generation further strengthens our balance sheet and enhances financial flexibility. Reflecting our continued commitment to shareholder returns, the Board has recommended a final dividend of ₹16 per share, aggregating to 480% for the year (vs. 460% in FY25). While the macroeconomic environment remains uncertain, our deep client relationships, strong deal pipeline, and sustained operational rigor position us well to navigate near-term challenges and capitalize on emerging growth opportunities.”
April 17, 2026 16:30
Info tech

Mastek Q4 results live: Mastek CEO comments

Umang Nahata, CEO of Mastek, said the company delivered sequential revenue growth of 3.6 per cent in Q4 FY26, supported by a 24.4 per cent y-o-y increase in its 12-month order backlog, driven by strong demand in the UK and US markets.

He highlighted that the UK business remained a key growth driver, expanding 21.8 per cent in FY26, led by robust traction in the healthcare segment, which grew 95 per cent y-o-y, along with new client wins in financial services. In North America, he noted that early signs of recovery are emerging, supported by a strengthening pipeline and improved execution.

Nahata added that the company’s “Lead with AI” strategy is yielding tangible results, with over 25 AI-led deals closed during the quarter and more than 85 deals for the full year. This focus has helped improve revenue per employee by 12 per cent while maintaining EBITDA margins at 16.1 per cent.

He also said the company strengthened its leadership team with key appointments, positioning it for future growth. According to Nahata, FY26 was a year of building stronger foundations, and Mastek is entering FY27 with improved visibility and a clear path to accelerated growth.
April 17, 2026 16:19
Stock up

Angel One Q4 results live: Shares settled 10% higher

Angel One shares gain after strong Q4 earnings growth

Angel One shares rise 4.4% after reporting strong Q4 earnings, with a 83.4% year-on-year profit increase.
April 17, 2026 16:09
Quarterly results

Jio Financial Services Q4 results live: Earnings preview | Jio financial Q4 likely to show steady growth, muted earnings: Bonanza

Abhinav Tiwari of Bonanza said Jio Financial Services is expected to deliver steady operational growth in Q4 FY26, though earnings may remain muted due to ongoing investments.

He noted that the company continues to scale its ecosystem across lending, payments and asset management, with Jio Credit emerging as a key growth driver. Assets under management have seen strong expansion, while asset quality remains stable with low credit costs.

Tiwari added that while operating metrics across segments are improving, profitability may not see a sharp uptick in the near term as the company remains in an investment phase. As a result, Q4 is likely to reflect steady execution and balance sheet growth rather than a breakout earnings quarter.

He also highlighted that the stock is not a near-term earnings play, but offers long-term growth potential as the company builds an integrated financial services platform with improving return ratios over time.
April 17, 2026 16:08
Stock up

Jio Financial Q4 results live: Shares ended 1% positive at Rs 243.86 on the NSE ahead of Q4 results today
April 17, 2026 16:02
Quarterly results

Mastek Q4 results live: Q4 profit up y-o-y, dividend announced

Mastek reported 23.6% y-o-y increase in consolidated profit after tax for the quarter ended March 2026 at Rs 106.15 crore compared to Rs 81.07 crore in the same quarter last year. Meanwhile, it recorded a profit of Rs 108.35 crore in December 2025 quarter.

In FY26, the PAT increased to Rs 404 crore from Rs 375.83 crore in the year-ago period.

Board recommended final dividend of Rs 16 per share.
April 17, 2026 15:37
Stock market

Stock market live, Q4 results live today: Markets end higher

Sensex settled 504.86 pts or 0.65% higher at 78,493.54, and Nifty 50 increased by 156.80 pts or 0.65% to 24,353.55.
April 17, 2026 15:17

Q4 results live: Bharat Coking Coal – Q4 results on April 22

Bharat Coking Coal board meeting, which was scheduled to be held on Saturday, 18th April, 2026, inter alia, to consider, approve, and take on record the Audited Financial Results (Standalone) of the Company for the fourth quarter and financial year ended 31st March, 2026, after review by the Audit Committee, has been postponed and the said meeting has now been rescheduled and will be held on 22nd April, 2026.
April 17, 2026 14:58
Stock down

Wipro Q4 results live: Shares in focus

Wipro shares continued to trade in negative territory, down 3% at Rs 204.30 at 2.57 pm.

Screenshot 2026-04-17 145717.png
April 17, 2026 14:47
Stock market

Stock market live updates: Sensex, Nifty 50 trade higher

At 2.45 pm, the Sensex traded 451.74 pts or 0.58% higher at 78,440.42, and Nifty 50 increased by 148.30 pts or 0.61% to 24,345.05.
April 17, 2026 14:29

Q4 results live: HDFC Bank Q4 results tomorrow, bank to consider fund raising and dividend

HDFC Bank approves investment of up to Rs 1,000 cr in HDFC Life, subject to RBI approval.

Bank to announce Q4 results tomorrow, also consider fund raising and dividend.

Shares traded flat on the NSE at Rs 799.80.
April 17, 2026 14:26

Piramal Pharma Q4 results live: Company to announce Q4 results on April 28
April 17, 2026 14:15
Stock up

Mastek Q4 results live: Shares traded 2% positive on the NSE at Rs 1,731.80. Company to declare Q4 results today.
April 17, 2026 13:28
Stock market

Stock market live updates, Q4 results live: Mid-market | Sensex, Nifty in green, Wipro & HDFC Life top losers

Sensex, Nifty hold gains led by FMCG stocks rally, Wipro, HDFC Life top losers

Equity benchmarks continued to trade in positive territory on Friday’s afternoon session, supported by optimism around easing geopolitical tensions and fresh foreign fund inflows.

FMCG stocks rally | KNOW TOP MOVERS
April 17, 2026 13:27
Stock market

Jio Financial Q4 results live: Shares traded flat at Rs 241.85 on the BSE at 1.26 pm ahead of Q4 results today
April 17, 2026 13:25
Quarterly results

Bajaj Consumer Q4 results live : Key highlights | Standalone margins and expenses

Screenshot 2026-04-17 132509.png
April 17, 2026 13:20
Finance

Q4 results live: HDFC, ICICI Banks seen posting steady Q4 profit growth

Brokerages expect HDFC Bank and ICICI Bank to report steady Q4 FY26 earnings, supported by healthy loan growth and lower credit costs. Estimates suggest HDFC Bank’s net profit may rise 6–11 per cent y-o-y, while ICICI Bank’s profit is seen growing 1–3 per cent y-o-y. Analysts at YES Securities and Systematix Research peg HDFC Bank’s Q4 profit at around ₹18,640 crore and ₹19,513 crore, respectively.

Watch out for their results tomorrow, April 18, 2026.
April 17, 2026 13:17

Bajaj Consumer Q4 results live: KEY HIGHLIGHTS

Screenshot 2026-04-17 131646.png

(investor presentation)
April 17, 2026 13:11
Quarterly results

Bajaj Consumer Care Q4 results live: Profit jumps, shares up

Bajaj Consumer Care’s consolidated profit after tax for the quarter ended March 2026 nearly doubled to Rs 63.59 crore compared to Rs 30.98 crore in the same quarter last year.

In FY26, consolidated profit increased by 52% y-o-y to Rs 190.18 crore from Rs 125.26 crore in the year-ago period.

Shares zoomed 8% to Rs 464.10 on the NSE.
April 17, 2026 13:06

VST Q4 results live: Shares rally

VST Industries shares rise 19% on strong Q4 earnings, dividend boost

VST Industries shares surge 19% on strong Q4 earnings and a proposed ₹12 final dividend announcement.
April 17, 2026 12:21
Quarterly results

CRISIL Q1 results live:

CRISIL reported consolidated PAT for the quarter ended March 2026 at Rs 233.26 crore, jumping 46% y-o-y from Rs 159.84 crore in the same quarter last year.

Board approved the payment of first interim dividend of Rs. 9/- per equity share of face value of Re 1 each, for the financial year ending December 31, 2026, which will be paid on May 8, 2026.

Shares traded 4% positive on the NSE at Rs 4,300
April 17, 2026 12:15
Stock market

Wipro Q4 results live: Shares in focus

Wipro shares continued to trade lower at Rs 204.68, down 2.65%, near the day’s low of Rs 202.50 following Q4 results.

Wipro saw active trading in the session, with a traded volume of 516.51 lakh shares and a traded value of ₹1,056.05 crore. The company’s total market capitalisation stood at ₹2,14,699.90 crore, while its free float market capitalisation was ₹58,336.75 crore, indicating strong market participation in the stock.
April 17, 2026 12:13

HDFC Life Q4 results live: Views | Outlook steady, PL Capital retains buy

PL Capital said HDFC Life Insurance Company reported a muted Q4 FY26, with APE remaining flat y-o-y due to weakness in banca volumes and slower growth in NPAR.

The brokerage noted that while retail protection continues to see steady momentum following GST rationalisation, near-term demand may remain impacted by global uncertainties. It expects APE growth of 11 per cent and 13 per cent for FY27 and FY28 respectively.

PL Capital highlighted that VNB margins contracted to 24.0 per cent in Q4 and 24.2 per cent for FY26, impacted by higher fixed costs and GST-related factors. However, margins are projected to gradually improve to 24.7 per cent and 25.2 per cent over FY27 and FY28, supported by a higher mix of protection and annuity products and normalisation of GST impact.

The brokerage said the stock has seen a significant correction due to weaker growth, but expects recovery in both margins and growth outlook going forward. It maintained a ‘buy’ rating with a target price of ₹835, valuing the company at 2.2 times FY28 estimated appraisal value.
April 17, 2026 12:11

Q4 results live: BlueStone Jewellery and Lifestyle to announce Q4 results on April 23.
April 17, 2026 11:53
Info tech

Wipro Q4 results live: Brokerage view | Wipro outlook cautious, Axis Securities maintains hold

Axis Securities maintained a cautious outlook on Wipro, while reiterating a ‘hold’ rating with a revised target price of ₹225 per share, down from ₹290 earlier.

The brokerage said the company is seeing increased enterprise focus on scaling artificial intelligence adoption across applications, workflows and data platforms. It added that Wipro is expected to deliver sequential improvement, supported by recent large deal wins and a healthy pipeline, indicating a gradual recovery in growth.

However, Axis Securities has lowered its valuation multiple to 16 times March 2028 estimated earnings from 19 times earlier, reflecting a more measured outlook despite improving demand visibility.
April 17, 2026 11:46
Quarterly results

HDFC AMC Q4 results live: Brokerage view | Company sees soft Q4, PL Capital retains buy

PL Capital said HDFC AMC is well placed to manage the impact of regulatory changes given its strong pedigree, though it has factored in a 1 basis point decline in equity yields annually over FY26–FY28. The brokerage maintained a ‘buy’ rating with a target price of ₹3,000.
April 17, 2026 11:29
Stock market

Jio Financial Q4 results live: Shares flat

Jio Financial Services stock traded flat on the NSE at Rs 242.65 on the NSE. Company to declare Q4 results later in the day.
April 17, 2026 10:51
Quarterly results

Madhya Bharat Agro Products Q4 results live: Q4 profit up

Madhya Bharat Agro Products posted a net profit for the quarter ended March 2026 at Rs 59.76 crore compared to Rs 14.25 crore in the same quarter last year.

Board approved final dividend of Rs 0.50 per share.

Shares traded 2% lower at Rs 534.65 on the NSE.
April 17, 2026 10:39
Stock down

HDFC Life Q4 results live: Shares in red

HDFC Life Insurance Company shares traded 3% lower on the NSE at Rs 613.65, hitting a low of Rs 606.20 (down from Rs 631.50 previous close).

It reported 4 per cent increase in standalone profit after tax at Rs 495.65 crore for the three months ended March 2026 aided by higher premium income.
April 17, 2026 10:32
Stock up

HDFC AMC Q4 results live: Shares in green

HDFC AMC shares traded 4% positive at Rs 2,771.90 at 10.30 am, hitting a high of Rs 2,774.80 from Rs 2,662.20 previous close.

It reported 2.4 per cent decline in consolidated profit after tax (PAT) at Rs 622.66 crore for the three months ended March 2026.

However, revenue from operations grew 17 per cent year-on-year to Rs 1,051.51 crore in the quarter under review
April 17, 2026 10:26
Quarterly results

Waaree Renewable Q4 results live: Shares rally 13% on strong Q4 and FY26 show

Waaree Renewable shares rally 13% on strong Q4 earnings

Waaree Renewable shares surge 13% after reporting impressive Q4 earnings, with revenue and profit significantly increasing year-over-year.
April 17, 2026 10:14
Stock up

Angel One Q4 results live: Shares rise, listen to what brokerages say

Angel One shares gain after strong Q4 earnings growth

Angel One shares rise 4.4% after reporting strong Q4 earnings, with a 83.4% year-on-year profit increase.

READ MORE
April 17, 2026 09:53
Stock up

Angel One Q4 results live: Shares up

Angel One shares rose 4.4% on the NSE to Rs 305.61 from the previous close of Rs 292.61.

Consolidated Profit After Tax Reported PAT of ₹ 3,202 mn in Q4 ‘26 vs ₹ 2,687 mn in Q3 ‘26, a growth of 19.2% on QoQ basis
April 17, 2026 09:32
Stock up

Waaree Renewable Technologies Q4 results live: Shares rally

Waaree Renewable Technologies stock traded 9% higher on the NSE at Rs 1,159.65 at 9.30 am, hitting a high of Rs 1,168.

It posted over 66 per cent rise in its consolidated net profit to ₹155.72 crore in the March quarter compared to the year-ago period, mainly on the back of higher revenues.
April 17, 2026 09:25
Stock down

Wipro Q4 results live: Shares in red

Wipro shares traded at Rs 204.79 on the NSE at 9.22 am, declining 3.6% in early trade to Rs 202.50 from the previous close of 210.26.

Wipro posted net income for the March-ended period stood at ₹3,501 crore, rising 12.3 per cent q-o-q but declining 1.9 per cent y-o-y.

Board approved a ₹15,000 crore buyback at ₹250 per share, covering up to 60 crore equity shares, representing 5.7 per cent of the total paid-up equity capital. B
April 17, 2026 09:19
Stock market

Stock market live updates, Q4 results live: Markets trade flat

Benchmark indices opened flat. Sensex traded 91.06 pts or 0.12 % positive at 78,079.74 at 9.16 am after opening at 77,976.13, Nifty 50 slipped 34.55 pts or 0.14% to 24,162.20.
April 17, 2026 09:08

Wipro Q4 results live: Buyback announcement

WIPRO Limited Tender Buyback Announced

Buyback Price : 250 ₹

Today’s Closing Price : 210.26 ₹

Buyback Size ₹ : 15,000 Crore ₹

Buyback Size in Shares : 60,00,000 Shares

Retail Quota : 9,00,00,000 Shares

Record Date for Buyback : To be announced
April 17, 2026 09:07

Angel One Q4 results live:

Angel One profit up 19% QoQ to ₹320 crore and revenue rising 9% to ₹1,459 crore. EBITDA grew 13% to ₹599 crore, while margins improved to 41% from 39.7%, reflecting strong operating efficiency. The company has also approved plans to raise ₹1,500 crore via NCDs and increased borrowing limits to ₹20,000 crore, indicating growth and balance sheet expansion plans.
April 17, 2026 09:07

Waaree Renewable Q4 results live: Highlights

Waaree Renewable Technologies Limited (WRTL), a subsidiary of the Waaree Group and a leader in the Solar EPC (Engineering, Procurement, and Construction) sector, has announced its audited consolidated financial results for the year ended March 31, 2026. The company has delivered a landmark performance, with revenue and profitability scaling to new heights amid India’s green energy transition.

Annual Financial Highlights (FY26)

The company witnessed a massive surge in project execution and operational scale over the fiscal year:

Total Revenue from Operations: Skyrocketed to ₹3,33,142.22 lakh (₹3,331.4 crore), a staggering 108% increase over the ₹1,59,774.79 lakh reported in FY25.

Net Profit (PAT): More than doubled to ₹47,863.59 lakh (₹478.6 crore), compared to ₹22,892.47 lakh in the previous fiscal year.

Operating Profit (EBITDA): Profit before tax surged to ₹63,961.02 lakh, reflecting robust margins in high-scale solar projects.

Earnings Per Share (EPS): Basic EPS for the year jumped to ₹45.91, up from ₹22.00 in FY25.
April 17, 2026 09:06

HDFC Life Q4 results live: Dividend update

The board of directors of HDFC Life Insurance Company Limited has recommended final dividend of ₹ 2.10 per equity share of face value of ₹10 each for the financial year 2025-26, subject to approval of the shareholders’ at the ensuing Annual General Meeting.

The record date for the purpose of ascertaining the entitlement of the shareholders’ for the final dividend shall be Friday, June 19, 2026.
April 17, 2026 09:05

Q4 results live: Alok Industries in focus

Alok Industries Limited, a major integrated textile manufacturer backed by Reliance Industries, has announced its audited consolidated financial results for the quarter and year ended March 31, 2026. The company showed a reduction in annual losses and a sequential recovery in revenue during the final quarter of the fiscal year.

Annual Financial Performance (FY26)

The company demonstrated improved operational control, leading to a narrower net loss compared to the previous year:

Total Revenue from Operations: Stood at ₹3,714.79 crore, showing marginal growth over the ₹3,708.78 crore recorded in FY25.
April 17, 2026 08:43
Quarterly results

Wipro Q4 results live: Profit rises 12.3% Q-O-Q

IT major Wipro delivered yet another underwhelming quarter, with performance lacking momentum. Net income for the March-ended period stood at ₹3,501 crore, rising 12.3 per cent QoQ but declining 1.9 per cent YoY.

Wipro Q4 profit rises 12.3% QoQ to ₹3,501 crore, weak guidance clouds outlook

Wipro’s Q4 profit rises 12.3% to ₹3,501 crore, but weak guidance raises concerns amid a historic ₹15,000 crore buyback.

Published on April 17, 2026

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Gold rates slip again; check rates in Chennai, Ahmedabad, Mumbai, Kolkata, Bengaluru, Delhi

by Hansraj Agrawal | Apr 17, 2026 | Business

FILE PHOTO: Gold bangles are displayed at a jewellery store in Mumbai, India.
| Photo Credit:
FRANCIS MASCARENHAS

Gold prices in India saw a decrease in all key cities today, April 17, excepting in Chennai and Hyderabad. The price for 8 grams of 24-carat gold also dropped in all cities compared with the previous session. Below is a detailed breakdown of gold prices in key cities.

Gold rates in India:

Gold prices in India today were ₹14,185 for 1 gram of 22-carat gold (down by ₹125) and ₹ 1,14,480 for 8 grams of 22-carat gold (down by ₹1,000).

Gold price in Mumbai:

22 Carat: ₹14,185 for 1 gram of 22-carat gold (down by ₹125) and ₹ 1,14,480 for 8 grams of 22-carat gold (down by ₹1,000).

24 Carat: ₹ 14,894 for 1 gram (down by ₹132) and ₹1,19,152 for 8 grams (down by ₹1,056).

Gold price in Chennai:

22 Carat: ₹ 14,360 for 1 gram (no change) and ₹ 1,14,880 for 8 grams (no change).

24 Carat: ₹ 15,078 for 1 gram (no change) and ₹1,20,624 for 8 grams (no change).

Gold price in Hyderabad:

22 Carat: ₹ 14,360 for 1 gram (no change) and ₹ 1,14,880 for 8 grams (no change).

24 Carat: ₹ 15,078 for 1 gram (no change) and ₹1,20,624 for 8 grams (no change).

Gold price in Delhi:

22 Carat:₹ 14,235 for 1 gram (down by ₹125) and ₹ 1,13,880 for 8 grams (down by ₹1,000).

24 Carat: ₹ 14,947 for 1 gram (down by ₹131) and ₹ 1,19,576 for 8 grams (down by ₹1,048).

Gold price in Ahmedabad:

22 Carat: ₹ 14,239 for 1 gram (down by ₹125) and ₹ 1,13,912 for 8 grams (down by ₹1,000).

24 Carat: ₹ 14,951 for 1 gram (down by ₹131) and ₹1,19,608 for 8 grams (down by ₹1,048).

Gold price in Bengaluru:

22 Carat: ₹ 14,245 for 1 gram (down by ₹125) and ₹ 1,13,960 for 8 grams (down by ₹1,000).

24 Carat: ₹ 14,957 for 1 gram (down by ₹132) and ₹ 1,19,656 for 8 grams (down by ₹1,056).

Gold price in Kolkata:

22 Carat: ₹ 14,285 for 1 gram (down by ₹125) and ₹ 1,14,280 for 8 grams (down by ₹1,000).

24 Carat: ₹ 14,999 for 1 gram (down by ₹132) and ₹ 1,19,992 for 8 grams (down by ₹1,056).

Gold Rates Courtesy: bankbazaar.com

Published on April 17, 2026

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Jio Platforms said to plan filing for IPO next month

by Hansraj Agrawal | Apr 17, 2026 | Business

Reliance Industries Ltd. is likely to file draft paperwork for the initial public offering of Jio Platforms Ltd. in May, incorporating earnings for the full fiscal year, according to people familiar with the matter.

The Mukesh Ambani-led conglomerate had earlier aimed to submit the filing by the end of March using figures for the quarter ended December. The timeline was pushed back because of a market downturn stemming from the war in Iran, the people said, asking not to be identified as the information is private.

The listing could become India’s largest-ever IPO and mark the first public offering by a major Reliance unit in nearly two decades. Reliance is currently in a silent period ahead of its earnings release due next week, making any filing during this time unlikely, the people said.

The results for the fiscal year ending March 31 will present a more up-to-date picture of Jio’s performance, including recent subscriber growth and fresh numbers for the key measure of average revenue per user, the people added. This could help position the offering more favourably with investors, the people said.

Reliance formally kicked off IPO preparations last month, appointing as many as 19 banks to manage the issue. Kotak Mahindra Capital Co., Morgan Stanley, JM Financial Ltd., Goldman Sachs Group Inc., HSBC Holdings Plc, Bank of America Corp. and Citigroup Inc. are among those selected for advisory roles, people familiar with the matter have said.

Details including the structure and timing remain under discussion and are subject to change, the people said.

Representatives for Reliance and Jio didn’t immediately respond to requests for comment.

More stories like this are available on bloomberg.com

Published on April 17, 2026

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White House works to give US agencies Anthropic Mythos AI

by Hansraj Agrawal | Apr 17, 2026 | Business

The US government is preparing to make a version of Anthropic PBC’s powerful new artificial intelligence model available to major federal agencies amid concerns that the tool could sharply increase cybersecurity risk, according to a memo reviewed by Bloomberg News.

Gregory Barbaccia, federal chief information officer of the White House Office of Management and Budget, told officials at Cabinet departments in an e-mail Tuesday that OMB is setting up protections that would allow their agencies to begin using the closely guarded AI tool, Mythos.

The e-mail doesn’t say definitively that the various agencies will get access to Mythos, nor does it provide a timeline for when it might come or how they might use it. It tells top technology and cybersecurity chiefs to expect more information “in the coming weeks.”

US officials have previously urged private sector organisations to use Mythos to improve their cybersecurity. The Treasury Department has been seeking access to Mythos in order to uncover its own software flaws, Bloomberg has reported.

Anthropic has only provided Mythos to a limited group of technology companies, financial firms and others, urging them to use it to assess their cybersecurity risk. The firm limited the release of Mythos amid concerns that hackers could weaponise its capabilities to steal data or sabotage victim networks.

Before its limited release of Mythos, Anthropic briefed senior officials across the US government on the model’s full capabilities, including both its offensive and defensive cyber applications, according to a company official who spoke on condition that they not be identified discussing the talks with government. The talks included staff at the Cybersecurity and Infrastructure Security Agency and the Center for AI Standards and Innovation, among others, the company official said, and Anthropic has continued to work with government on security issues arising from the model.

Barbaccia’s message was sent as leaders from Washington to Wall Street are grappling with the possibility that the model could make it dramatically easier for hackers to find ways to break into sensitive computer systems in industry and government.

“We’re working closely with model providers, other industry partners, and the intelligence community to ensure the appropriate guardrails and safeguards are in place before potentially releasing a modified version of the model to agencies,” Barbaccia wrote in the email, which had the subject, “Mythos Model Access.”

A White House official said in an email that the government continues to work and engage with AI companies to ensure their models help secure critical software vulnerabilities. They didn’t answer specific questions on the matter.

Anthropic declined to comment.

Neither Anthropic nor the government said what, if any, federal agencies have gotten early access to Mythos.

Barbaccia’s email went to officials with the Department of Defense, Department of Treasury, Department of Commerce, Department of Homeland Security, Department of Justice and Department of State, among several other agencies.

The move to roll a version of Mythos out to the agencies signals the government’s continued interest in Anthropic’s tools despite a public spat and ongoing legal fight between the company and top Trump administration officials.

The Pentagon this year declared Anthropic a supply chain threat, under an authority normally reserved for foreign adversaries, over a dispute over artificial intelligence safeguards. The company won a court order last month blocking a ban on government use of the technology, after Anthropic argued the move could cost it billions of dollars in lost revenue.

Within Anthropic, company leaders became worried the model could be a national security risk after testers were able to use Mythos to turn up the types of critical bugs that it would normally take the world’s best hackers to uncover. These concerns prompted the company’s limited release of the model.

It’s similarly set off alarms in various parts of the US government.

Among officials focused on national defence, the introduction of Mythos has created profound uncertainty about how to evaluate cybersecurity risk, a person familiar with the matter previously told Bloomberg. Equipping an individual hacker with the model, or similar AI tools, would likely be a transformation equivalent to turning a conventional soldier into a special forces operator, the person said.

On the day, Anthropic publicly disclosed Mythos’ existence, US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened Wall Street leaders for a meeting in Washington to urge them to use the model to find weaknesses in their own systems.

More stories like this are available on bloomberg.com

Published on April 17, 2026

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