
Percentage symbol and growth arrow. Interest rates continue to increase, stocks and mutual funds, investment for retirement.Interest rate and dividend istock photo for BL
| Photo Credit:
iStockphoto
ensex Today, Nifty 50 | Stock Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 20th May 2026.
- May 20, 2026 07:09
Buzzing stocks today: SPARC, Omaxe, Mastek, JSW Energy, Jindal (India), ITC, Lyka Labs, Airfloa Rail, Transformers & Rectifiers
- May 20, 2026 06:59
Share market live: Governance cloud dogs Tata stocks; ₹10 lakh crore lost since September 2024
- May 20, 2026 06:58
Stock recommendation: Jefferies maintains ‘Buy’ rating on JSW Energy
Jefferies maintained its ‘Buy’ rating on JSW Energy and raised its target price to Rs 675 (from Rs 660), citing a potential upside of about 31%.
The brokerage upgraded its target following JSW Energy’s strategic Rs 3,150-crore stake sale in JSW Steel, which brings several key positives to the company’s outlook:
Deleveraging: The share monetisation provides balance sheet flexibility, allowing the net debt-to-EBITDA ratio to potentially drop to 5.7x in FY27.
Capital Efficiency: The brokerage assumes a portion of the funds will directly support capex, trimming absolute interest cost estimates for FY27–30.
Earnings Forecast: Jefferies projects a strong 17% EBITDA CAGR between FY26 and FY30, and has raised PAT estimates for FY27–30 by 3–6%
- May 20, 2026 06:57
Stock recommendation: Nomura: Anchor Report Avalon Technologies
India EMS: Avalon – Play on global industrial EMS upcycle
Avalon Tech: Initiating at Buy and INR1,722 TP
We believe global capex cycles across power and semiconductors are likely to see a structural uptick over a long time period. The rise of generative AI is driving strong power demand from datacenters, and at the same time memory shortages are spurring investments in semiconductor production equipment (SPE). Also, countries’ focus on nearshoring, clean energy and BESS are likely to drive higher investments. This could create meaningful opportunities for the outsourced industrial EMS segment (~8-20% of project capex) in terms of power electronics, control systems, etc. Capable smaller EMS players with global footprint should be key beneficiaries of this trend, in our view.
Key themes covered in this Anchor Report:
– EMS TAM analysis across multiple emerging segments such as HVDC, energy storage, and SPE.
– Comparison of global EMS players’ outlook, segment exposure and profitability, as well as comparison of India B2B EMS players across various metrics.
– We believe Avalon’s unique positioning as a vertically integrated EMS player, focussing on box build in these segments, US manufacturing footprint and in-roads into key customers will help it capitalize on the strong opportunity in this segment. We initiate coverage with a Buy rating and a TP of INR1,722.
- May 20, 2026 06:57
Q4 results: Mankind Pharma Q4 revenue rises 12%; chronic therapies drive margin expansion
Mankind Pharma Q4 FY26 RESULTS
* Cons. Net Profit at ₹554.35 Cr vs ₹425.11 Cr ↑ 30.40% YoY, ↑ 35.60% QoQ
* Revenue at ₹3,442.93 Cr vs ₹3,079.17 Cr ↑ 11.81% YoY, ↓ 3.49% QoQ
* EBITDA at ₹929.88 Cr vs ₹683.18 Cr ↑ 36.11% YoY, ↑ 1.14% QoQ
* EBITDA Margins at 27.01% vs 22.19% YoY and 25.77% QoQ
- May 20, 2026 06:56
Stock market live: DIIs outpace FII selling with Rs 3,802 crore equity buying on May 19
Instl. Investors EQUITY Cash Trades PROV. – 19/05/2026 : Rs. CRS. :
FIIS : SELL -2,457 (17,907-20,396)
DIIS : BUY +3,802 (16,952-13,150)
- May 20, 2026 06:55
Q4 results: Tamilnadu Petroproducts Limited FY26 consolidated PAT rises to ₹97.45 crore; Q4 PAT at ₹8.09 crore; Board recommends 15% dividend
Key Highlights from the exchange filing:
Tamilnadu Petroproducts Limited (TPL) reported its audited consolidated financial results for the quarter and financial year ended March 31, 2026, registering a healthy improvement in annual profitability during FY26.
On a consolidated basis, the company reported a profit after tax (PAT) of ₹97.45 crore for FY26, reflecting a growth of 67% compared with the ₹58.35 crore reported in the previous financial year. Consolidated profit before tax (PBT) increased to ₹128.75 crore from ₹78.57 crore in FY25.
Consolidated revenue from operations for FY26 stood at ₹1,464.06 crore as against ₹1,823.27 crore in the previous financial year. The company also reported total comprehensive income of ₹116.60 crore for FY26 compared with ₹63.21 crore in FY25.
For the quarter ended March 31, 2026, consolidated PAT stood at ₹8.09 crore compared with ₹26.88 crore in the corresponding quarter of the previous year. Consolidated PBT for the quarter was ₹10.06 crore against ₹35.98 crore in Q4 FY25. Revenue from operations during the quarter stood at ₹124.22 crore as compared with ₹454.29 crore in the year-ago quarter.
The Board of Directors has recommended a dividend of ₹1.50 per equity share of ₹10 each (15%) for FY26, subject to approval of shareholders at the ensuing Annual General Meeting.
During the year, the company continued to focus on operational efficiencies, cost optimisation and strengthening its overall business performance amid evolving market conditions. The results also include exceptional income relating to insurance claim receivables associated with restoration activities following the Michaung cyclone incident.
The Board of Directors approved the audited financial results at its meeting held on May 19, 2026.
- May 20, 2026 06:55
Stock recommendation: MNCL research | Safari Industries | Q4FY26 First Cut | Beat across |
CMP- Rs 1,427, Target price1,860 (UR)- Mcap- Rs 69.8bn
Revenue- Safari Industries reported YoY revenue growth of 12.4% to Rs.4,733 mn (-7.6% QoQ), (MNCL Est- Rs 4,569 mn).
Margins- Gross margins for the quarter stood at 49.3%, up 11bps YoY (+283bps QoQ), however OPM contracted by 139bps YoY to 13.1% (+220bps QoQ) (MNCL Est- 9.3%), largely on account of increase in other expenses (+90bps YoY) and employee cost (+60bps YoY).
EBITDA- The company reported an EBITDA of Rs 618mn up 1.6% YoY (MNCL Est- Rs 423mn) increase in OPEX cost impacted overall EBITDA.
PAT The Company reported a PAT of Rs 375mn, flat YoY (MNCL estimates- Rs 220mn)
Management Update – The company’s CFO, Mr. Vineet Poddar, has tendered his resignation, with his last working day being 30th June 2026.
View:- The company reported better-than-expected numbers, despite the current scenario largely led by strong volume growth. We will revisit our numbers shortly
- May 20, 2026 06:51
Trading Guide for May 20, 2026: Intraday supports, resistances for Nifty50 stocks
- May 20, 2026 06:50
Aluminium futures: Breakout sustains
- May 20, 2026 06:50
Stock to buy today: Manappuram Finance (₹315.50) – BUY
Published on May 20, 2026




