POST MARKET
The Indian benchmark equity indices Sensex and Nifty pared early gains and were trading in the red later on Thursday amid profit booking by investors.
Among sectors, IT, capital goods, and metal indices gained 1% each, while auto, bank, and oil & gas ended lower.
The Nifty midcap index rose 0.6 percent, and the smallcap index added nearly 1 percent.
STOCKS IN NEWS
Tejas Networks
Broadband and data networking company Tejas Networks fell almost 4 percent on Thursday, after the company announced its net loss widened in the quarter ended March 31, 2026. The company posted a consolidated net loss of Rs 211.34 crore in the March quarter of the financial year 2025-26.
Suraj Estate Developers
Suraj Estate Developers shares rose over 5 percent on April 16 after the company acquired a land parcel with an estimated Gross Development Value (GDV) of around ₹100 crore.
Amir Chand Jagdish Kumar (Exports)
Shares of basmati rice exporter Amir Chand Jagdish Kumar (Exports) rose almost 2 percent on April 16 after the firm reported 94% jump in net profit in the quarter ended March 31, 2026. The firm reported consolidated net profit of Rs 35 crore for the quarter ended March 31, 2026, as against Rs 18 crore in the year-ago period.
Moschip Technologies
Shares of the semiconductor and system design services company, Moschip Technologies, rose 4.64 percent, after the company said its board has approved the acquisition of a 73 percent stake in Vayavya Labs for Rs 245 crore.
Source – Moneycontrol
