Published on 22/04/2026 02:08 PM
As Tech Mahindra announced its results, the markets looked to make another attempt at recovery.
The shares of Tech Mahindra recovered over 6% from the lows of the day after the company announced its results.
Vs CNBC-TV18 Poll Of ₹1,504 Cr
Vs CNBC-TV18 Poll Of ₹14,804 Cr
Vs CNBC-TV18 Poll Of $1,624 m
Vs CNBC-TV18 Poll Of `2,035 Cr
Vs CNBC-TV18 Poll Of 13.70%
New Deal Wins TCV $1,073 m, Up 34.5% YoY & Down 2.1% QoQ
Net Profit (GU)21%
At ₹1,358.8 Cr Vs ₹1,122 Cr (QoQ)
` Revenue (GU)4.7%
At `15,076 Cr Vs `14,393 Cr (QoQ)
$ Revenue (GU)0.93%
At $1,625 m Vs $1,610 m (QoQ)
EBIT (GU)10.2%
At `2,084 Cr Vs `1,891.6 Cr (QoQ)
Margin At 13.8% Vs 13.10% (QoQ)
HCLTech | Launches Gemini Enterprise Biz Unit To Accelerate Agentic AI Adoption
Global trade is structured so that US importers bear most of the tariff burden, not Indian suppliers or manufacturers. As a result, any refunds are likely to flow back to retailers and brands in the US, said Pallab Banerjee, MD & Group President at Pearl Global Industries.
On Wednesday, April 22, shares of battery manufacturing firms Amara Raja Batteries Ltd. and Exide Industries Ltd. saw their largest single-day rise in over two years, rising as high as 14%.
It’s possible that FMCG stocks are gradually emerging from a protracted period of dullness, and CLSA is becoming picky in the market. Following a solid March quarter performance, the brokerage’s top selections for food and beverage firms include Nestle India, Tata Consumer, and Varun Beverages.
Escorts Kubota launches three new tractor models in Digitrac series under Powertrac
Supriya Life shares rise over 4% after US FDA issues Form 483 with one minor observation for Lote mfg unit, issues EIR
Here is how the auto sector and its key segments have fared so far in 2026.
Mangalam Cement Gets Mining Lease Of A Mine In Jaisalmer
Declared Preferred Bidder In The Auction By Directorate Of Mines & Geology, Rajasthan
Stocks Volumes 20-Day Average
The market’s attempt to recover from its lows stagnates, as indices remain in the red.
On Wednesday, April 22, Iran opened fire on a container ship in the Strait of Hormuz, causing damage to the ship and impeding attempts to bring Iran and the United States together in Pakistan for peace negotiations.
Even as markets remain under pressure, these are the biggest volume-based movers, on average, higher than the 10-day average.
The shares of Amara Raja surged a mammoth ₹100 in today’s session.
The shares of Exide surged past the ₹350 mark.
The sell-off in IT companies has put pressure on Indian markets on Wednesday, April 22. The FMCG names are one area that is able to somewhat offset those losses.
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UBS believes that several stocks might rise if the two-week ceasefire between the US and Iran is prolonged or a formal peace is achieved, since it is set to expire on Wednesday.
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On Wednesday, April 22, Indian IT businesses are the market’s biggest losers. In the current session, the Nifty IT index has lost more than 1,300 points. The sell-off has resulted in a combined loss of almost ₹1 lakh crore in market value for the companies featured on the benchmark Nifty 50 index.
US FDA issues Form 483 with one minor observation for the Lote mfg unit, issues EIR
Mangalam Cement declared the preferred bidder for the grant of mining lease of Minyun Ki Dhani Main Jaisalmer
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