Stocks in news: Wipro, Angel One, HDB Financial, Clean Max Enviro, M&M

Markets witnessed a strong rebound on Wednesday, extending gains after the recent consolidation phase, supported by favourable global cues. Nifty has once again reclaimed the 24,000 mark, indicating strengthening momentum in the ongoing recovery phase. Analysts say the index is now expected to inch toward the 24,350–24,600 zone, with a key hurdle placed around 24,800, coinciding with the 200 DEMA.

In today’s trade, shares of Wipro, Angel One, HDB Financial, Clean Max Enviro, M&M among others will be in focus due to various news developments and fourth quarter results.

HDB Financial
Leading NBFC HDB Financial on Wednesday reported strong growth in its fourth quarter profit, where the bottomline jumped 41% year-on-year to Rs 751 crore. The Board, along with its financial results, approved a fundraising of Rs 32,825 crore through debt. Further, the company has also declared a final dividend of Rs 2 per share for the financial year ended March 2026.Wipro, HDFC Life, HDFC AMC, Angel One
Shares of Wipro, HDFC Life, HDFC AMC and Angel One will be in focus as the companies will announce their fourth quarter results. Wipro will also consider a buyback proposal along with its financial results, the company informed the exchanges earlier.

Indian Hotels
Escalating tensions in the Middle East are creating fresh headwinds for global travel, but the hospitality sector has emerged stronger after navigating far deeper disruptions such as the Covid-19 pandemic, said Puneet Chhatwal, MD and CEO of IHCL in an interview with ET, noting, that even with some near-term demand disruptions, IHCL is staying ‘firmly on course’ to meet its long-term growth ambitions.

CG Power
Axiro Semiconductor, a wholly-owned subsidiary of CG Power and Industrial Solutions, along with Japan-based venture capital fund MPower Partners, has invested in Japanese fabless semiconductor company EdgeCortix, specialising in energy-efficient AI processing, according to a regulatory filing.

Muthoot Finance
Muthoot Finance on Wednesday sought shareholder approval for foraying into the business of insurance distribution in both life and general insurance sectors. In a postal ballot notice, Muthoot Finance sought shareholders’ nod for making changes to the Memorandum of Association of the company and aligning with the Companies Act, 2013.

Clean Max Enviro
Clean Max Enviro Energy Solutions on Wednesday announced a partnership with Sangam India to decarbonise its operations across Rajasthan. Sangam India, the flagship textile entity of the Sangam Group, is headquartered in Bhilwara, Rajasthan, a regulatory filing stated.

M&M
Mahindra & Mahindra is at an advanced stage of assessing plans to upgrade its South African plant, Bloomberg reported, as India’s second-largest automaker looks to capitalize on rising demand for affordable vehicles.

ICICI Lombard
ICICI Lombard General Insurance reported a 7% rise in fourth-quarter profit on Wednesday, on strong demand for its retail health insurance products. The insurer’s profit after tax rose to Rs 547 crore ($58.55 ⁠million) ⁠for the three months ended March 2026, from Rs 510 crore a year earlier. Analysts expected Indian general insurers to deliver a strong March quarter on growth in the health and motor segments.