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POST MARKET REPORT
Indian benchmark indices Nifty and Sensex started the week on a positive note, extending gains as the day progressed.
At close, the Sensex was up 1,005.84 points or 1.27 percent at 80,218.37, and the Nifty was up 289.15 points or 1.20 percent at 24,328.50. About 1877 shares advanced, 1961 shares declined, and 179 shares remained unchanged.
Reliance Industries, SBI Life, Bharat Electronics, Sun Pharma, and JSW Steel were among the biggest gainers on the Nifty, while losers were Shriram Finance, HCL Technologies, Eternal, UltraTech Cement, and HUL.
Among sectors, except IT, all other indices ended in the green with metal, realty, oil & gas, pharma, and PSU Bank up 1-3 percent.
The broader market indices also performed well, with the BSE Midcap index up by 1.3 percent, smallcap index increasing 0.4 percent.
STOCKS TODAY
RBL Bank
The private lender’s shares rose by as much as 6 percent after the lender’s quarterly earnings report. Although the bank’s net profit crashed 81 percent on-year, brokerages are optimistic owing to better RoA expectations for the next financial year. Even though there has been a decrease in the net profit, the shares have seen an over 30 percent increase year to date.
Dr Lal PathLabs
Dr Lal PathLabs’ shares sank over four percent intraday on Monday, April 28. While the medical diagnostic centre reported a steady March quarter, brokerages had a mixed outlook for the current quarter. The company has said that it will prioritize volume expansion as a key growth driver and may avoid implementing price hikes in the near term.
SML Isuzu
Shares of heavy vehicle maker SML Isuzu Ltd. crashed to 10 percent lower circuit upon opening for trade, after auto giant Mahindra & Mahindra Ltd. (M&M) announced it would acquire a stake in the firm. M&M will acquire the entire stake of 43.96 percent held by Sumitomo Corporation, the promoter of SML, and separately also acquire a 15 percent stake held by Isuzu Motors Ltd, public shareholder of SML, for an aggregate consideration of Rs 555 crore.
RailTel Corp of India
Shares of the company gained 2.15 percent, after the company received the work order worth Rs 90,08,49,783 from The Institute of Road Transport. The contract is for design, development, supply, implementation, operations, and maintenance of the enterprise resource planning system (ERP) for MTC Chennai, TNSTC-Coimbatore, and TNSTCMadurai, and to be executed by October 18, 2026.
DCB Bank
The bank’s shares jumped over 10 percent today after nearly a 14 percent increase in their net profit to Rs 177 crore for the three months ended March 2025. The bank had reported a net profit of Rs 155.68 crore in the year-ago period. The shares closed today at Rs 139.30 per share.
Source – Money Control
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