Nestlé India Rises on 26% YoY Profit Growth; Nifty FMCG Rallies on Strong Q4 Results - Paper by Pocketful

Apr 21, 2026

Nestle India (+7.27%): Stock moved after Q4; net profit rose 26% YoY to ₹1,114 crore from ₹885 crore. Revenue grew 23% to ₹6,748 crore. Company announced ₹5 per share dividend.
PNB Housing Finance (+7.98%): Stock rallied sharply after Q4 results; net profit increased 14.4% YoY to ₹648.7 crore from ₹567.1 crore. Net interest income rose 8.2% to ₹796 crore from ₹735.8 crore. Company recommended ₹8 final dividend per share for FY26.
NALCO (-0.87%): Stock moved lower despite strong Q4; net profit jumped ~60% YoY to ₹421.8 crore from ₹264.8 crore. Total income increased to ₹4,365.5 crore from ₹3,324.8 crore YoY.
Muthoot Microfin (+12.56%): Stock advanced after Q4 business update; AUM rose 13% YoY to ₹14,006 crore from ₹12,357 crore. Disbursement increased 6% YoY to ₹9,418 crore. Asset quality improved with GNPA at 3.89% and collection efficiency at 96.43%.

FMCG | Nifty FMCG (+2.55%): Index rallied after positive Q4 results across major companies, supported by strong revenue growth, margin expansion, and steady demand outlook. Lead by 12 gainers, while 3 stocks declined.
Realty | Nifty Realty (+2.14%): Index surged in April on strong presales, robust pipeline and improved sentiment after correction; led by Phoenix Mills, DLF & Godrej Properties.
Pharma | Nifty Pharma (-0.08%): Index slipped marginally despite mixed breadth, as profit booking and weakness in select heavyweight stocks weighed on sentiment. Led by 11 gainers, while 9 stocks declined.
PSE | Nifty PSE (-0.03%): Index remained unchanged amid mixed performance, as gains in select stocks were offset by declines in others. Led by 11 gainers, while 9 stocks declined.

Technical Level: Nifty opened flat and moved upward throughout the day, forming support at 24,360. After the second session, it traded in a range and ended higher, with resistance at 24,600.
Advance-Decline Ratio: Market breadth remained positive with 2088 advances and 1245 declines, indicating broader buying interest in the market.
The Big Picture: India and South Korea aim to strengthen ties and boost trade to $50 billion by 2030, but progress remains slow due to regulatory hurdles, policy unpredictability, and execution delays. Despite strong intent and strategic alignment, trade growth has been modest, highlighting significant untapped potential in the partnership.
FII/DII Activity (April 20, 2026): DIIs remained strong buyers with ₹2,967 Cr inflow, while FIIs turned sellers with ₹1,060 Cr outflow.

IPO Corner: Leapfrog Engineering SME IPO is now open for pre-apply.
Macro: Japan Balance of Trade (Mar) & UK Inflation Rate YoY (Mar) are set to be released tomorrow.
Index Watch:Nifty opened flat but moved on a positive note, witnessing strong upward momentum throughout the session. DII support added strength to the market, helping sustain the rally despite minor volatility. Technically, the trend remains bullish with continued buying interest, Next Support is seen at 24,350 and Resistance is seen at 24,800.

NAV (Net Asset Value): NAV is the per-unit price of a mutual fund, calculated by dividing the total value of all assets minus liabilities by the number of outstanding units.

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