Earning

India's most valuable stock's valuation is at attractive levels, with forward P/E compressing to ~19x (versus average of ~21x) and EV/EBITDA at ~9.9x, even < -1SD band, nearing multi-year trough levels of ~9.6x, the brokerage said.

The West Asia conflict, now in its fourth month, has had a deeper-than-expected impact on energy markets, with crude prices rising from an average of about $67–68 in FY26 to above $103 in recent months.

The demerged Tata Motors arm, on 13 May, posted a massive 69.56% year-on-year (YoY) jump in its standalone profit to ₹2,406 crore for Q4FY26. The profit stood at ₹1,419 crore in the same period last year.

Quick household-help vertical emerges as key drag even as core India business accelerates.

Among the mega-caps slated to report January-March quarter results are Alphabet, Microsoft, Amazon, and Meta Platforms. Overall, 269 companies will post their quarterly earnings.

As the Indian stock markets have moved from earnings-driven to oil-driven trading in the near term, analysts expect higher-for-longer prices to drive another 8-10% correction in Sensex and Nifty 50.

The earnings of OMCs in Q4 FY26 could be weaker on the back of higher retail fuel losses and a sharp rise in LPG under-recoveries, but partially offset by strong gross refining margins (GRMs).

Tata Consultancy Services (TCS) will announce its Q4FY26 results today, April 9. The announcement follows a significant drop in shares amid fears of AI disruption. Analysts project muted growth, with revenue increasing by 6-8% YoY and profit rising in the low teens.

Juspay also records its highest-ever revenue at ₹514 crore, up 61% from 2023-24's ₹319.3 crore.

Adani Green Energy's operational capacity stands at 16.7GW as of 30 September, keeping it on track to achieve its target of 50GW of installed capacity by 2029-30.