Whalesbook
Indian Markets Brace for Flat Open Amid Geopolitical Fears
Indian equity markets were set for a flat start Tuesday, mirroring global sentiment. The US-Iran conflict weighed on investor mood, with worries about oil prices and regional stability. GIFT Nifty Futures pointed to a cautious opening.
Company updates take center stage.
Godrej Consumer Products: Revenue Growth Expected
Godrej Consumer Products anticipates revenue growth close to 10% this quarter, with earnings expected to rise similarly. Volume growth should be strong in most product areas, excluding soaps.
Aurobindo Pharma: Biosimilar Trial Success
Aurobindo Pharma's unit, CuraTeQ Biologics, reported successful Phase 3 trial results for BP11, a new drug intended to be a biosimilar of omalizumab. The trial met all key targets, showing BP11 is very similar to the original drug for treating chronic hives.
IRFC: Loan for Power Sector
Indian Railway Finance Corporation (IRFC) provided a ₹1,000 crore loan to Maharashtra State Power Generation Company (MAHAGENCO), aiding power sector investments.
PC Jeweller: Strong Growth and New Ventures
PC Jeweller posted strong results, with revenue up about 32% year-on-year in Q4 FY26 and 49% for the full fiscal year. The company also cut its bank debt by 23% in the quarter and launched a new mining business in Chad.
ACME Solar: Battery Storage Projects Online
ACME Solar Holdings brought online more of its battery energy storage projects in Rajasthan. This includes the fifth phase of its Jaisalmer project (76 MW/160.51 MWh) and another project in Phalodi and Jodhpur (33.334 MW/160.48 MWh).
Jubilant Foodworks: Stores and Revenue Climb
Jubilant Foodworks reported Q4 FY26 revenue of ₹2,505.8 crore, a 19% rise year-on-year. The company added 69 new stores, bringing its total to 3,663 locations.
CreditAccess Grameen: Lending and Digital Growth
CreditAccess Grameen saw its lending volume grow 24% in FY26 to ₹24,860 crore, with its total loan book reaching ₹29,590 crore. Its digital app, Mahi, added 8.4 lakh users.
Titagarh Rail: Expansion and Subsidy
Titagarh Rail Systems' shipbuilding unit received approval for expansion in West Bengal. It will also get a ₹129 crore subsidy from the government's Shipbuilding Development Scheme.
Fino Payments Bank: Customer and Deposit Surge
Fino Payments Bank added 7 lakh new accounts in Q4 FY26, reaching 1.75 crore customers. Deposits hit a record ₹2,950 crore in March 2026. Loan referral volumes jumped 96% to ₹600 crore.
Shyam Metalics: Steel Sales Rise
Shyam Metalics and Energy reported strong sales growth. Stainless steel sales rose 22.5% quarter-on-quarter, carbon steel sales increased 10.5%, and sponge iron sales were up 14.9%.