---
title: "Buzzing Stocks: Vodafone Idea shares up 5% as DoT reduces AGR dues; Maruti Suzuki gains 4% on strong sales"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285026224.md"
description: "Vodafone Idea shares rose 5% after the DoT reduced its AGR dues by Rs 23,649 crore. Maruti Suzuki gained 4% due to a 33.3% increase in sales. Adani Enterprises saw a loss of Rs 220.7 crore in Q4, while Kotak Mahindra Bank's profit rose 13.4%. Avenue Supermarts and ACC shares fell despite reporting profit growth, indicating mixed market reactions. Investors are closely monitoring corporate announcements and sector-specific news as earnings season progresses."
datetime: "2026-05-04T04:04:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285026224.md)
  - [en](https://longbridge.com/en/news/285026224.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285026224.md)
---

# Buzzing Stocks: Vodafone Idea shares up 5% as DoT reduces AGR dues; Maruti Suzuki gains 4% on strong sales

Several stocks remained in focus on April 28 as corporate developments, earnings updates, and regulatory triggers drove market activity.

Adani Enterprises share price down marginally after reporting a weak set of numbers for Q4 on a consolidated basis, posting a loss of Rs 220.7 crore compared to a profit of Rs 3,844.9 crore in the same period last year. However, revenue showed healthy growth, rising 20.3% year-on-year to Rs 32,439.3 crore from Rs 26,966 crore.

Vodafone Idea share price rose more than 5 percent after the Department of Telecommunications (DoT) has reduced the company’s Adjusted Gross Revenue (AGR) dues by Rs 23,649 crore at Rs 64,046 crore as of December 31, 2025, marking a substantial cut from the earlier frozen figure of Rs 87,695 crore.

Maruti Suzuki shares added 4 percent on posting strong sales performance for April, with total sales jumping 33.3% year-on-year to 2.39 lakh units from 1.79 lakh units. Domestic sales grew 31.4% to 1.99 lakh units, while exports surged 43.5% to 40,054 units compared to 27,911 units last year.

Kotak Mahindra Bank share price shed 2 percent despite posting a solid Q4 standalone performance, with profit rising 13.4% year-on-year to Rs 4,026.6 crore from Rs 3,551.7 crore. Net interest income also increased by 8.1% to Rs 7,875.5 crore from Rs 7,283.6 crore.

Shares of Avenue Supermarts fell 3 percent eventhough steady Q4 consolidated performance, with profit growing 19.2% year-on-year to Rs 656.6 crore from Rs 550.9 crore. Revenue rose 18.9% to Rs 17,683.9 crore compared to Rs 14,871.9 crore.

ACC share price fell 1 percent on mixed Q4 consolidated performance, where profit declined sharply by 68.3% year-on-year to Rs 238.3 crore from Rs 751 crore. Despite the drop in earnings, revenue increased 18% to Rs 7,124.5 crore from Rs 6,039.7 crore.

Market participants said news flow remains a key driver in the current environment, with investors closely tracking corporate announcements and sector-specific triggers. With earnings season in progress, company-specific updates are expected to drive further volatility.

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