SynopsisIndian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move higher. Premier Energies saw a large promoter stake sale. Suzlon Energy reported its Q4 results. ONGC is expanding its partnership with BP. IRFC entered metro rail financing. Paytm is investing in its European entity. Hindalco anticipates rising raw material costs.ETtechHindalco Industries expects raw material costs to rise by another 5% in the coming quarters as geopolitical tensions continue to tighten supplies and push up fuel prices, managing director Satish Pai said on Monday.Markets witnessed a strong rebound on Monday, supported by favourable global cues and easing geopolitical concerns. On the technical front, analysts say the Nifty has finally surpassed the key hurdle at the 24,000 mark and may gradually inch toward the 24,400-24,600 zone in the near term. Meanwhile, the earlier resistance zone around 23,800 is likely to act as immediate support in the event of any dip.In today's trade, shares of Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGC among others will be in focus due to various news developments and fourth quarter results.Premier EnergiesMembers of the promoter family in Premier Energies sold shares worth nearly Rs 2,289 crore in a large block deal, with multiple institutional investors picking up stake in the solar equipment maker. According to NSE bulk deal data, promoter group entities together sold 2.39 crore shares in the company at Rs 955 apiece.Pine LabsPayments solutions provider Pine Labs returned to profits in the March-ended quarter, posting a consolidated net profit of Rs 59 crore versus a net loss of Rs 29 crore in the year ago period. The company's revenue from operations in Q4FY26 was up 17% to Rs 701 crore versus Rs 599 crore posted by the company in the corresponding quarter of the previous financial year.Suzlon EnergyWind energy player Suzlon Energy on Monday reported a 6% year-on-year (YoY) decline in its consolidated net profit at Rs 1,114 crore in the fourth quarter, compared with Rs 1,182 crore in the last year quarter. Revenue from operations, however, increased 45% YoY to Rs 5,468 crore.ONGCState-run Oil and Natural Gas Corporation (ONGC) has once again picked BP to help boost production from some of its largest fields in return for a fee. BP already has a similar arrangement for ONGC's flagship Mumbai High fields, but the latest move significantly expands its role, making it responsible for helping enhance output from fields that account for about 72% of ONGC's gas production and 60% of its oil output.IRFCIndian Railway Finance Corporation (IRFC) has signed a term loan agreement to refinance Rs 13,527 crore debt obligations of Hyderabad Metro Rail project Monday. This marks the public sector undertaking's entry into metro rail financing.Colgate-PalmoliveColgate-Palmolive India said it was stepping up investments on premium products and advertising while prioritising "volume driven top line growth" over margin expansion, signalling a sharper push for growth amid easing urban demand pressures, rising competition and lingering inflationary headwinds.HindalcoHindalco Industries expects raw material costs to rise by another 5% in the coming quarters as geopolitical tensions continue to tighten supplies and push up fuel prices, managing director Satish Pai said on Monday.PaytmFintech firm One 97 Communications, which operates under the Paytm brand, on Monday said its wholly-owned subsidiary Paytm Cloud Technologies will invest 9 million euro in its European payment entity. The transaction is aimed at increasing the paid-up capital of Paytm Europe to support the funding requirements for its business. The transaction is expected to be completed on or before June 30, 2026Read More News on(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price...moreless(You can now subscribe to our ETMarkets WhatsApp channel)Read More News on(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price...moreless
Stocks in news: Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGC
Indian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move higher. Premier Energies saw a large promoter stake sale. Suzlon Energy reported its Q4 results. ONGC is expanding its partnership with BP. IRFC entered metro rail financing. Paytm is investing in its European entity. Hindalco anticipates rising raw material costs.









