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7 min read | Updated on May 15, 2026, 12:57 IST
SUMMARY
Shares of the Great Eastern Shipping Company soared as much as 10.63% to hit a 52-week high of ₹1,642.70 per unit on the NSE, after its consolidated net profit nearly tripled YoY to ₹1,044 crore in the latest March quarter.
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The SENSEX soared as much as 0.6% to an intraday high of 75,870.36 on Friday, May 20. | Image: Shutterstock
The Indian benchmark indices, SENSEX and NIFTY50, continued to trade in the positive territory during the afternoon session on Friday, May 15, supported by buying in media and IT stocks.
Furthermore, investor sentiment improved after foreign institutional investors (FIIs) emerged as net buyers, following days of relentless selling in the previous session.
The SENSEX soared as much as 0.6% to an intraday high of 75,870.36. Meanwhile, the NIFTY50 touched the session’s peak of 23,839.30.
While the market continued to trade in the green, it was off its day’s high, with the S&P BSE SENSEX trading 247.32 points, or 0.33% higher at 75,646.04, at 12:46 PM. NSE’s NIFTY50 stood at 23,771.65, reflecting an 82.05 points, or 0.35% increase.
On Thursday, the FIIs bought shares worth ₹187.46 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹684.33 crore on a net basis, according to exchange data.
The top gainers of the NIFTY50 index included Tata Motors PV (6.24%), Infosys (2.65%), Tech Mahindra (2.59%), Adani Ports (2.39%) and Coal India (2.14%).
On the flip side, Hindalco Industries (-2.04%), Reliance Industries (-1.89%), Trent (-1.80%), Tata Steel (-0.92%) and Apollo Hospitals Enterprise (-0.88%) were among the top losers.
Shares of oil marketing companies (OMCs), Indian Oil Corporation (IOCL), Hindustan Petroleum Corporation (HPCL), and Bharat Petroleum Corporation Limited (BPCL), were trading in negative territory in the early trade on Friday, May 15, despite the government decision to increase fuel prices due to the West Asian crisis that began at the end of February 2026.
Despite the fuel price hike, analysts believe the increase is lower than what the companies were expecting to fully offset their losses.
With crude oil prices remaining elevated, OMCs are still believed to be incurring significant daily under-recoveries on fuel sales. As a result, concerns over profitability and earnings pressure continue to weigh on the stocks.
Adani Group stocks, including Adani Enterprises, Adani Ports & SEZ, and others, were trading in the green, as, according to a news report, US authorities are moving to resolve the fraud charges against Gautam Adani, the founder and chairman of the Adani Group, and end a criminal case that’s hung over Asia’s richest person for more than a year.
“Ending the cases would be a significant boon to the Adani Group, one of India’s most powerful companies, whose interests range from coal mining to renewable energy and airports. It also clears the decks for the conglomerate to return to international capital markets and resume its aggressive expansion strategy,” the report added.
Shares of Tata Motors PV gained as much as 8.32% to hit an intraday high of ₹366.95 per unit on the National Stock Exchange (NSE) on Friday, as its performance for Q4 FY26 significantly improved quarter-on-quarter (QoQ) on account of normalised JLR production and record domestic volumes, leading to a healthy Q4 free cash flow (FCF) of ₹11,400 crore.
Tata Motors PV said that it earned a consolidated net profit of ₹5,783 crore in the fourth quarter of the financial year 2025-26, as against the loss of ₹3,486 crore in the previous quarter.
The Mumbai-based car maker's revenue from operations jumped 50% to ₹1.05 lakh crore compared with ₹70,108 crore in the previous quarter.
The stock of Data Patterns tumbled as much as 11.09% to hit an intraday low of ₹3,565.60 apiece on the NSE on Friday, May 15, after its revenue from operations fell 13% YoY to ₹344.9 crore in Q4 FY26, as against ₹396.2 crore in the year-ago period.
The firm reported a profit after tax (PAT) of ₹138.4 crore during the quarter under review, marking a 21% year-on-year (YoY) increase from ₹114.1 crore in the March quarter of FY25.
Data Pattern’s board of directors also recommended a final dividend of ₹10 per equity share with a face value of ₹2 each for the financial year ended March 31, 2026.
Voltas shares declined as much as 3.4% to touch an intraday low of ₹1,249.50 per unit on Friday, May 15, as the firm posted a 51.8% YoY fall in its consolidated net profit (attributable to the owners of the company) to ₹116.18 crore. In the same period last year, it logged a profit of ₹241.02 crore.
The air conditioner maker's revenue from operations jumped 2.53% YoY to ₹4,887.83 crore in Q4 FY26, compared to ₹4,767.56 crore in the year-ago period.
Sheela Foam stock skyrocketed as much as 20% to its upper-price band level on Friday, after the company released a robust set of numbers for the quarter ended March 2026.
Sheela Foam posted a 597.85% increase in its consolidated profit after tax to ₹91.28 crore in the March quarter of the financial year 2025-26. The company had reported a net profit of ₹13.08 crore in the year-ago period, according to an exchange filing.
Revenue from operations stood at ₹1,050.06 crore in January-March 2025-26, up 23.59% year-on-year (YoY) from ₹849.61 crore in the year-ago period.
The company's board also approved and recommended a final dividend of 20%, i.e., ₹1 per share (face value of ₹5 each) for FY26. The dividend will be paid within 30 days from the date of approval by its shareholders.
Shares of the Great Eastern Shipping Company soared as much as 10.63% to hit a 52-week high of ₹1,642.70 per unit on the NSE, after its consolidated net profit nearly tripled YoY to ₹1,044 crore in the latest March quarter.
In the same period last year, it had logged a profit of ₹363 crore, according to a regulatory filing dated May 14.
Its revenue from operations advanced 23.5% YoY to ₹1,511 crore for the reporting quarter, compared to ₹1,223 crore in Q4 FY25.
Its board of directors also declared its fourth interim dividend of ₹11.7 per equity share for FY26. It fixed May 20, 2026, as the record date, and said that the dividend will be paid to shareholders on or after June 9, 2026.
United Spirits (USL) stock gained 5% to an intraday high of ₹1,339 apiece on May 15, following a margin-led earnings beat. The company had posted a 28% jump in consolidated net profit at ₹539 crore for the fourth quarter of the financial year (Q4 FY26).
Its net profit for the same quarter in the previous fiscal year was at ₹421 crore.
The breweries and distilleries firm’s revenue from operations also grew 5% year-on-year (YoY) to ₹6,855 crore in the January-March period from ₹6,549 crore in the year-ago period.
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