Vishal Mega Mart among Q4 earnings docket as Nifty snaps four-day slide
Vishal Mega Mart heads into Q4 print alongside HAL, IRFC, Tata Motors and JSW Steel as Sensex gains 50 pts to 74,609. Bharti Airtel PAT rises 10.5% QoQ to ₹7,325 cr; Maruti earmarks ₹1,372 cr for green logistics. Zydus board weighs buyback May 19.
What happened
Indian indices snapped four-day losing streak with marginal gains. Q4 results due from HAL, IRFC, JSW Steel, Muthoot, Tata Motors PV, Vishal Mega Mart. Bharti
Key facts
- Sensex +50 pts to 74,608.98
- Nifty +33 pts to 23,412.60
- Tata Motors CV PAT ₹2,406 cr (+70% YoY)
- Bharti Airtel PAT ₹7,325 cr (+10.5% QoQ)
- Bharti Hexacom PAT ₹446.7 cr (-4.6% YoY)
- NBCC orders ₹131.02 cr
- Zaggle PAT ₹41 cr (+30.6% YoY)
- Maruti green logistics ₹1,372 cr
- Kaynes PAT ₹91 cr (-22% YoY)
Why this matters
Vishal Mega Mart's Q4 disclosure will sharpen comparable valuation anchors for value-retail M&A conversations and regional consolidation plays, while Zydus's May 19 buyback deliberation signals continued capital-return appetite across mid-caps.