Published on 20/04/2026 08:53 PM
JSW Steel and POSCO form Odisha JV as Vedanta sets demerger record date, key Q4 results from PNB Housing, SML Mahindra, Muthoot Microfin and Park Hotels. Here are few stocks to keep an eye on ahead of Tuesdays' trading session.JSW Steel | The company has entered into a share subscription and joint venture agreement with South Korea’s POSCO Group to establish a 50:50 joint venture, a significant step towards developing a 6 million tonnes per annum (MTPA) integrated steel plant in Odisha.Vedanta Ltd | Vedanta has set May 1, 2026 as the record date for its ongoing demerger, with the board approving the scheme to take effect from the same date and detailing the share allotment ratios for the four resulting entities. Under the composite scheme of arrangement, existing Vedanta shareholders will receive equity shares in Vedanta Aluminium Metal Ltd (VAML), Talwandi Sabo Power Ltd (TSPL), Malco Energy Ltd (MEL) and Vedanta Iron and Steel Ltd (VISL) in proportion to their current holdings.PNB Housing Finance | The company reported a 14.39% year-on-year rise in net profit to ₹648.7 crore for Q4, compared with ₹567 crore in the same period last year. Net interest income (NII) grew 8.2% to ₹796 crore from ₹736 crore. The board has recommended a final dividend of ₹8 per share.TVS Motor | The company entered into a joint development agreement with Hyundai Motor Company to develop, manufacture and commercialise electric micromobility three-wheelers for India and global markets. The pact follows the unveiling of an electric three-wheeler concept at the Bharat Mobility Global Expo 2025, with Hyundai set to lead product design while both companies jointly handle development, with defined responsibilities across different phases.SML Mahindra Ltd | The company reported a marginal 2.36% year-on-year rise in net profit to ₹54.2 crore for Q4, compared with ₹53 crore in the same period last year. Revenue grew strongly by 16.4% to ₹898 crore from ₹771 crore, while EBITDA remained flat at ₹90.4 crore. Operating margins, however, declined to 10.1% from 11.7% a year ago. The board has recommended a final dividend of ₹23.5 per share for FY26.Muthoot Microfin | The company reported a 13% year-on-year growth in assets under management (AUM) to ₹14,006 crore in Q4, compared with ₹12,357 crore a year ago. For FY26, disbursements rose 6% to ₹9,418 crore from ₹8,872 crore, while collection efficiency improved to 96.43% from 93.07% in the previous year.Indosolar | The company reported a 4.87% year-on-year rise in net profit to ₹42 crore for Q4, compared with ₹40 crore a year ago. Revenue, however, declined sharply to ₹83 crore from ₹192 crore, while EBITDA grew 28.1% to ₹64.33 crore from ₹50.21 crore. Margins expanded significantly to 77.4% from 26.2% in the corresponding period last year. The company also announced the appointment of Abhishek Pareek as Chief Financial Officer with effect from April 20, 2026.Apeejay Surrendra Park Hotels Ltd | ASPHL announced the signing of two hotel management agreements for new Zone Connect by The Park properties in Ayodhya and Ujjain, as part of its strategy to expand across key pilgrimage destinations. The company said the move aims to cater to travellers seeking design-led hospitality in culturally significant locations.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.