Stocks in news: Tata Technologies, L&T, M&M, RIL, Manappuram Finance

Markets traded volatile on Monday and ended with decent gains amid mixed cues. Analysts say indications suggest a continuation of consolidation in the index, given the pressure in key sectors like banking and IT, along with crude oil prices remaining elevated. Immediate support is placed at 23,800, followed by 23,500, while the upside appears capped in the 24,600-24,800 zone.

In today's trade, shares of Tata Technologies, L&T, M&M, RIL, Manappuram Finance among others will be in focus due to various news developments and fourth quarter results.

Tata Technologies

Tata Technologies reported a consolidated net loss of Rs 2,132 crore for the March quarter compared to Rs 156 crore in the year-ago period. The loss is attributable to the shareholders of the company. The company's revenue from operations in Q4FY26 stood at Rs 3,438 crore, down 2% from Rs 3,509 crore in the corresponding quarter of the previous financial year.

L&T, M&M, PNB, Hero MotoCorp, Marico
Shares of L&T, M&M, PNB, Hero MotoCorp and Marico will be in focus as the companies will announce their fourth quarter results today.

IndiGo
IndiGo has hired Jochen Hoesch, a former head of artificial intelligence at Airbus, to lead AI, data and analytics operations at India's largest airline. Hoesch's appointment comes at a time when the domestic aviation industry is sharpening its focus on AI to enhance efficiency amid pressure on operating costs especially high jet fuel prices.

RIL
Reliance Industries is cutting output of alkylates and diverting feedstock to ramp up production of liquefied petroleum gas (LPG) as India battles shortages of the ‌cooking fuel ⁠due ⁠to the Iran war, the company said on Monday. The operator of the world's biggest refining complex is running its alkylation unit at minimum rates, curtailing exports of the gasoline-blending component.

Manappuram Finance
Indian non-bank lender Manappuram Finance reported a bigger-than-expected fourth-quarter profit on Monday, helped by strong growth in its mainstay gold-loan segment and lower provisions in microfinance lending. In April, Bain Capital took joint control of ‌Manappuram Finance, after ⁠agreeing to ⁠invest around Rs 4385 crore in the gold loan financier