Sterlite Technologies shares rise 5% after subsidiary bags $1.1 billion hyperscaler AI contract

Sterlite Technologies shares rose nearly 5% after its subsidiary secured a multi-year optical connectivity supply agreement worth an estimated $1.11 billion from a global hyperscaler for AI-ready data centre projects in the US. The deal, spanning FY27–FY29, strengthens STL’s position in the growing AI infrastructure space and supports hyperscale data centre deployments with advanced networking […]

MTAR Tech shares drop 3% after rallying 24% in 3 days. Should you buy the dip?

MTAR Technologies shares fell after witnessing profit booking following a sharp rally that pushed the stock to a record high last week. The defence and precision engineering company recently secured large international orders and raised its FY27 growth guidance, while analysts continued to maintain a bullish outlook on the stock’s technical structure.

NTPC Green Energy shares fall 4% after Q4 profit drops 15% YoY

NTPC Green Energy shares fell after the company reported a 15% year-on-year decline in March quarter net profit despite strong revenue growth. Rising expenses weighed on margins, although sequential earnings improved sharply. The stock also remained under pressure amid weak near-term technical indicators despite continued buying interest from domestic institutional investors.

Info Edge shares drops 4% despite 22% YoY jump in Q4 net profit; revenue up 16%

Info Edge shares saw a dip on Monday even as the company announced strong financial results. Net profit for the March quarter rose 22 percent year-on-year. Revenue also climbed 16 percent. The company recommended a final dividend. Its recruitment business showed robust growth. AI integration is a key focus for future development.

Positive Breakout: These 9 stocks cross above their 200 DMAs

In the Nifty500 pack, nine stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on May 22, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is a key indicator traders use to determine the overall trend in a particular stock. As long as the stock is priced above […]