Stock Market, May 23, 2026, Preview: Hindalco Results, Fuel Price Hike, Wipro Buyback, MTAR Tech Surges to Record, Maruti Suzuki To Launch Flex-Fuel E100 Vehicle

Mumbai, May 25: Results from Hindalco Industries, a buyback announcement by Wipro, MTAR Tech shares, Maruti’s development and fourth fuel price hike will keep Indian equity investors occupied on Monday.

Here’s what you should track today on Monday, May 25, 2026.

Hindalco Net Profit Falls 51% But Declares Dividend of Rs 5 a Share

Shares of aluminium and copper company Hindalco Industries (NSE: HINDALCO) tanked 7% intraday on a 51% year-on-year slump in its fourth quarter net profit to ₹2,597 crore due to a one-time exceptional cost. But once adjusted for that, Hindalco’s profit came at ₹3,577 crore, above estimates.

Analysts tracking the company say investors should overlook the exceptional cost to Hindalco’s earnings for the January-March quarter and focus on how its U.S.-based Novelis subsidiary performed amid a subdued aluminium price environment.

Excluding the exceptional item, Hindalco has declared a dividend of ₹5 per share which will come as a relief to long-term investors who were upset over weak earnings. Markets will react to Hindalco’s Q4 earnings when they open on Monday as investors react to higher-than-expected earnings and remain watchful of commodity cycles turning around and progress on US-Iran tensions that have a bearing on metals prices.

Wipro To Hold Jun 5 As Record Date for Rs 15,000 Cr Buyback

IT services company Wipro said it will hold June 5 as the record date for the recently announced buyback programme of ₹15,000 crore.

Analysts say, if implemented fully, the buyback programme will yield a capital return of about 6.5% to shareholders. However, Wipro management will come under pressure from shareholders as clients delay non-critical spending decisions and exercise caution on hiring amid a sluggish demand environment.

MTAR Tech Touches 52-Week High on ₹467 Cr Order

Precision engineering and component manufacturer MTAR Technologies surged to an all-time high on May 22 after announcing a fresh order worth ₹467 crore.

Analysts tracking the stock say MTAR has been aggressively bidding for orders across defence, space and clean energy sectors. With large orders in hand, the stock has rallied about 22% in three sessions.

Maruti Suzuki to Launch Flex-Fuel Vehicle Running on Ethanol Only on June 5th

Maruti Suzuki plans to launch India’s first flex-fuel vehicle capable of running only on ethanol or E100 fuel on June 5. Coinciding with World Environment Day celebrations, Suzuki claims that it is able to run on E100, without any percentage of petrol mixed in.

With 87% of our country’s fossil fuels imported, Union Minister for Road Transport and Highways Nitin Gadkari has been behind India’s push for E100 flex-fuel vehicles.

Petrol Crosses Rs 100 in Delhi After Fourth Hike In 11 Days; Oil Marketing Stocks In Focus

Petrol prices breached the Rs 100-per-litre mark in Delhi on Monday after the government announced the fourth fuel price revision in 11 days, with the latest hike driven by persistently elevated crude oil costs stemming from the ongoing US-Iran war and the continued blockade of the Strait of Hormuz.

Petrol prices were raised by Rs 2.61 per litre, taking the retail price in the national capital to Rs 102.12. Diesel was hiked by Rs 2.71 per litre, now costing Rs 95.20 per litre in Delhi. The successive revisions reflect the pressure that state-owned oil marketing companies have been absorbing as Brent crude continues to trade near elevated levels, with Monday’s prices around $98.83 a barrel even after a recent pullback on US-Iran deal optimism.

The back-to-back hikes are expected to keep shares of oil marketing companies — Indian Oil Corporation (NSE: IOC), Bharat Petroleum Corporation (NSE: BPCL), and Hindustan Petroleum Corporation (NSE: HINDPETRO) — firmly in focus when markets open on Monday. Rising retail prices typically improve marketing margins for these state-run refiners, which had been selling fuel below cost during periods of crude price spikes, making the hike a potential positive trigger for their stocks. However, investor sentiment will remain cautious as further price increases cannot be ruled out if crude stays elevated or the Strait of Hormuz blockade persists, keeping the earnings outlook for these companies volatile and closely tied to geopolitical developments.

Source:

• moneycontrol.com
•  https://www.ndtv.com/india-news/petrol-diesel-prices-hiked-by-rs-2-fourth-time-in-two-weeks-crosses-rs-100-in-delhi-amid-iran-us-war-11542583