Domestic equity markets are expected to track stock‑specific action on Monday amid a steady macro backdrop. While selective activity is likely in the electric vehicle (EV) space following policy-related developments, market attention remains firmly on large infrastructure, energy, financial and pharmaceutical names that announced key business updates.
Adani Energy Solutions also posted strong operational growth. The company’s transmission network expanded to 27,949 circuit kilometres compared with 26,696 ckm a year ago, marking a 5 per cent rise. Additionally, power transformation capacity jumped 37 per cent year-on-year to 1,23,175 MVA, reflecting aggressive capacity build-out and network strengthening.
Larsen & Toubro is likely to remain in focus following a strategic real estate acquisition. Its wholly owned subsidiary, L&T Realty Properties Limited, has acquired a 100 per cent stake in International Green Scapes Limited for Rs 1,123 crore. The move supports L&T’s plans to scale up its residential real estate portfolio in the Gurugram market.
Infrastructure services player Enviro Infra Engineers announced fresh order wins worth Rs 587 crore from the Swachh Maharashtra Mission Directorate. The orders are expected to bolster the company’s execution pipeline and revenue visibility over the near to medium term.
Shriram Finance gained positive attention after India Ratings and Research upgraded the company’s long-term issuer rating to IND AAA/Stable from IND AA+/Positive. The upgrade reflects improved asset quality, stronger capitalisation and stable profitability metrics, and could support investor sentiment around the stock.
Housing finance major HUDCO has signed two memorandums of understanding with NBCC (India). Under these MoUs, the companies will jointly work on redevelopment of a leasehold plot in Delhi and explore asset monetisation opportunities linked to NBCC’s self-sustainable model projects.
Torrent Pharmaceuticals announced that its Bileshwarpura oncology facility has successfully cleared a USFDA inspection conducted between April 6 and April 10, 2026, with zero observations. The clean inspection outcome is a positive regulatory development and strengthens the company’s compliance track record in regulated markets.
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EV Space: Policy Action Positive, Stocks Mixed
Key provisions of the draft policy include:
While the policy direction remains structurally positive for long-term EV adoption, market participants may continue to differentiate between near-term valuation comfort and execution readiness, keeping broader sentiment measured across EV counters.
Jash Engineering reported consolidated unaudited revenue of Rs 736 crore for FY25–26, below its earlier revised guidance of Rs 775–800 crore. The company attributed the shortfall to tariff-related challenges in the US and shipment disruptions to the Middle East due to ongoing geopolitical tensions. For FY26–27, the company is targeting consolidated revenue of Rs 875 crore, implying growth of about 19 per cent year-on-year.
