News Overview

HAL Q4FY26 results: Hindustan Aeronautics Limited posted a 6% YoY rise in net profit at Rs 4,196 crore, while revenue from operations increased to Rs 13,942 crore. HAL shares surged over 3% intraday following the earnings announcement.

Vishal Mega Mart posted robust Q4FY26 results as net profit jumped 45.9% YoY to Rs 168 crore, while revenue climbed 22.2% to Rs 3,114 crore. However, the stock declined nearly 4% in intraday trade.

MTAR Technologies shares surged nearly 10% to hit a fresh all-time high after the company announced a ₹2,278 crore international order win. Strong FY27 guidance, AI data-centre opportunities, and expanding aerospace and defence exposure boosted investor sentiment around MTAR share price.

Adani Enterprises shares surged to a fresh 52-week high after a major block deal worth ₹1,435 crore and Uber’s announcement of its first India data centre partnership with the Adani Group. Strong market momentum, fundraising plans, and digital infrastructure expansion boosted investor sentiment toward the stock.

NLC India shares rallied sharply and touched a 52-week high after the company posted a nearly threefold rise in Q4FY26 net profit. Strong earnings growth, renewable energy expansion, strategic mining approvals, and a proposed dividend announcement supported strong buying interest in the stock.

Kaynes Technology shares plunged more than 19% after the company reported weak Q4FY26 earnings and JPMorgan downgraded the stock to “Neutral.” While revenue grew strongly, margin contraction, lower profitability, and rising working capital concerns triggered sharp selling pressure in the stock.

HFCL hit a fresh 52-week high after a sharp rally of nearly 87% in a month, supported by strong Q4 FY26 earnings, rising export orders, and optimism around India’s telecom infrastructure and 5G rollout. The stock has significantly outperformed broader markets amid improving fundamentals and sectoral tailwinds.

Metal stocks outperformed on May 13, 2026, with the Nifty Metal Index rising 3.18% after the government raised import duties on gold and silver. Tata Steel and Hindalco surged to fresh 52-week highs, driven by strong fundamentals, global commodity strength, and positive earnings outlook.

The Indian Rupee slipped to a fresh all-time low against the US Dollar on May 13, 2026, touching 95.80 amid sustained dollar strength, elevated crude oil prices, and foreign investor outflows. While RBI intervention helped limit volatility, broader global pressures continue to weigh on the currency outlook.

Asian equities ended mixed-to-positive on May 13, 2026, as investors tracked the Trump-Xi meeting, rising crude oil prices, and continued momentum in semiconductor stocks. South Korea and Japan outperformed on AI-led chip demand optimism, while Indian markets witnessed a cautious recovery amid inflation concerns and foreign investor outflows.