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tock Market Today | Stock Market Live Updates 6 February - Stock markets closed higher on Friday after the Reserve Bank of India kept its benchmark interest rate unchanged as expected.
Sensex advanced 266.47 points or 0.32% to settle at 83,580.40. From the day’s low of 82,925.35, the benchmark jumped 655.05 points at the end of trade. Nifty climbed 50.90 points or 0.20% to end at 25,693.70 in a volatile session.
The central bank’s six-member Monetary Policy Committee (MPC) voted unanimously to keep the repurchase or repo rate at 5.25%. RBI retained its neutral policy stance, signalling that it is likely to remain on hold for now.
From the Sensex firms, ITC jumped the most by 5.09%. Kotak Mahindra Bank, Hindustan Unilever, Bharti Airtel, Bajaj Finance, Power Grid and Bajaj Finserv were among the other major gainers.
Tata Consultancy Services, Tech Mahindra, Adani Ports, Asian Paints, Eternal and HCL Tech were among the major laggards.
Stock market highlights at 2:15 pm
- Sensex climbs 266.47 points to settle at 83,580.40
- Nifty advances 50.90 points to 25,693.70
- Rupee plunges 36 paise to settle at 90.70 against USD
- February 6, 2026 16:46
Stock markets end higher; ITC, banks lead recovery as RBI keeps policy rates unchanged
- February 6, 2026 15:49
Indian Rupee closing figures: Rupee falls 36 paise to close at 90.70 against US dollar
- February 6, 2026 15:41
Stock Market Closing Bell: Sensex climbs 266.47 points to settle at 83,580.40; Nifty advances 50.90 points to 25,693.70
- February 6, 2026 15:31
Adani Power re-positions its fleet of thermal plants as grid balancers; targets 24 GW capacity addition
- February 6, 2026 15:27
RBI MPC live news: Here’s everything you need to know about the RBI MPC Meeting 2026
- February 6, 2026 15:27
Mahindra & Mahindra to invest ₹15,000 crore to build vehicle manufacturing plant in Nagpur
- February 6, 2026 15:25
RBI MPC news live: RBI scraps ceiling on foreign bond investments under VRR
- February 6, 2026 15:24
MRF Q3 net surges over two-fold to ₹692 crore
Tyre maker MRF on Friday posted over two-fold jump in its consolidated net profit to ₹692 crore for the third quarter ended December 2025.
The company had reported a net profit of ₹315 crore for the October-December quarter of the last fiscal.
Its revenue from operations increased to ₹8,050 crore in the period under review against ₹7,001 crore in the year-ago period, MRF Ltd said in a regulatory filing.
The company said its board has approved a second interim dividend of ₹3 per share for the financial year ending March 31, 2026.
Shares of the company were trading 8.72% up at ₹1,46,695 apiece on BSE. (PTI)
- February 6, 2026 13:55
Stock market live today: Quote from Ms. Shilpa Bhatter, Chief Financial Officer, UGRO Capital
“The RBI Monetary Policy Committee’s decision to maintain a neutral stance and keep the repo rate unchanged at 5.25% is a prudent and well calibrated step in the current macroeconomic environment. India’s growth outlook remains resilient with inflation stable. The RBI’s continued emphasis on financial inclusion, customer protection and improved credit flow particularly the enhancement of collateral free MSME loans to ₹20 lakh will meaningfully enhance access to credit and ease the cost of doing business. The focus on deepening the domestic debt capital market is a welcome move as is the liberalisation of ECB guidelines and the lifting of the cap on VRR which will enable greater participation by foreign debt investors. Overall the policy strikes the right balance between inflation management and sustainable credit expansion for India Inc especially the MSME sector.”
- February 6, 2026 13:54
Stock market live today: Quote on RBI MPC from Pramod Kathuria, Founder & CEO, Easiloan
The RBI has decided will not change it’s repo rate of 5.25% and also has adopted a neutral policy; in this context policy continuity from the RBI will support the strengthening of the domestically generated growth momentum. The upgradation of GDP forecasts also indicates confidence in consumption as well as demand from investments in public infrastructure; therefore, we expect that businesses will take these factors into their consideration in developing investment plans across all business sectors.The Hon. Minister of Finance indicated that the recent adjustment of inflation expectations are a great opportunity for all businesses to be disciplined with respect to costs and pricing. The combination of stable interest rates with improved growth visibility will provide an excellent environment for companies to begin building their long-term capacity, while at the same time remain flexible and responsive to global economic uncertainties.
- February 6, 2026 13:52
Share market live today: Perspective by Mr. Nikhil Madan, MD Mahima Group on RBI MPC repo rate cut announcement
“The Monetary policy committee’s decision to maintain a steady rate environment when seen alongside the Union Budget’s clear emphasis on strengthening Tier2 infrastructure, creates a supportive backdrop for sustained growth beyond the metros. Stable borrowing costs improve buyer confidence and project feasibility while continued public investment in connectivity, urban infrastructure and regional economic hubs is accelerating the maturity of cities like Jaipur. Together these factors reinforce the shift in housing demand towards Tier2 markets, where improving livability and long term capital appreciation are increasingly converging.”
- February 6, 2026 13:51
Share market live today: Quote BY Vinod Francis, Chief Financial Officer, South Indian Bank on RBI MPC announcement by South Indian Bank
The RBI’s decision to keep the repo rate unchanged at 5.25% while maintaining a neutral stance reflects confidence in a benign inflation outlook and resilient economic growth. The upward revision in FY26 GDP growth, along with the RBI’s assessment that system-level parameters for banks remain sound, reinforces confidence in the sector’s ability to support sustained economic expansion. For banks, a stable rate environment enables effective transmission of policy measures, disciplined balance sheet management, and calibrated credit growth across key segments.
The continued focus on data-driven policymaking, supported by the upcoming new GDP and inflation series, further enhances predictability for lenders. At the same time, initiatives such as the proposed guidelines for Kisan Credit Cards and the ongoing emphasis on MSME and rural credit align well with our strong presence in these segments, positioning the Bank to deepen credit penetration while maintaining asset quality and capital strength.
- February 6, 2026 13:48
Stock market live today: Vinit Bolinjkar – Head of Research – Ventura on the ‘RBI MPC Announcement’
“The latest Monetary Policy Committee (MPC) decision by the Reserve Bank of India to keep the repo rate unchanged at 5.25% and retain a neutral stance underscores a calibrated stance in the face of mixed macro signals. The committee noted that headline CPI inflation remains well below the RBI’s tolerance band, with December readings near historic lows, keeping inflation expectations anchored. Meanwhile, real GDP growth continues to outperform, with projections above 7% for FY26, supporting the case for stability in borrowing costs. This pause after a cumulative 125 bps easing cycle reflects confidence in domestic demand and ongoing trade-boosting developments, while also keeping room to respond to global uncertainties and commodity-price risks. Future actions will remain data dependent, balancing price stability with growth impetus.”
- February 6, 2026 13:40
Industryupdate
Stock market live updates today: Tarun Singh, Founder and MD of Highbrow Securities
RBI’s February’26 MPC announcement merits applause for doubling collateral-free MSME loans to ₹20 lakh under the Credit Guarantee Scheme, a pragmatic step toward easing credit access for India’s economic backbone. Yet, as someone with decades in capital markets and deep MSME advocacy, I must flag the elephant in the room: implementation. Commercial banks, both PSBs and private players, have long prioritised large corporates and low-risk channels over small borrowers. Structural hurdles, cumbersome KYC processes, entrenched risk aversion, and branch-level inertia, routinely delay transmission, often by quarters. Past schemes have seen uptake languish at 20-30% of potential, undermined by weak monitoring and scant accountability for non-lending.
- February 6, 2026 13:39
Industryupdate
Stock market live updates today: Sudipta Roy, Managing Director & CEO, L&T Finance Ltd
“Monetary Policy announcements this morning are along the expected lines with reassurances on domestic economic resilience and continued policy support. RBI’s messages on its dynamic and preemptive approach in liquidity management should help ease recent pressure on cost of funding. Sector specific steps like doubling of collateral free loan limit for MSMEs and boosting long term funding for Real Estate sector via REITs is a big positive for credit landscape in the economy. Growth push evident in both fiscal and monetary policy announcements this week.”
- February 6, 2026 13:38
Industryupdate
Stock market live updates today: Rajesh Sharma, MD of Capri Global
The RBI’s decision to maintain the repo rate at 5.25% while retaining a neutral policy stance reflects a balanced and data-driven approach in navigating evolving domestic and global conditions. The upward revision in the FY26 growth outlook highlights the resilience of the Indian economy, while stable inflation projections offer confidence to both lenders and borrowers, supporting continued credit expansion.
- February 6, 2026 13:38
Industryupdate
Stock market live updates today: Manjushree Technopack changes name to ‘Alternicq’
Manjushree Technopack Ltd., India’s largest rigid plastic packaging company, approves the change of the company’s name to ‘Alternicq Limited’, subject to certain other necessary approvals. The new brand has been chosen to reflect the company’s strategic shift from quality and scale-led manufacturing to innovation-led, customer-centric, integrated packaging solutions while enabling circularity in plastic.
- February 6, 2026 13:11
Stock market live updates today: Vinit Bolinjkar – Head of Research – Ventura
“The latest Monetary Policy Committee (MPC) decision by the Reserve Bank of India to keep the repo rate unchanged at 5.25% and retain a neutral stance underscores a calibrated stance in the face of mixed macro signals. The committee noted that headline CPI inflation remains well below the RBI’s tolerance band, with December readings near historic lows, keeping inflation expectations anchored. Meanwhile, real GDP growth continues to outperform, with projections above 7% for FY26, supporting the case for stability in borrowing costs. This pause after a cumulative 125 bps easing cycle reflects confidence in domestic demand and ongoing trade-boosting developments, while also keeping room to respond to global uncertainties and commodity-price risks. Future actions will remain data dependent, balancing price stability with growth impetus.”
- February 6, 2026 13:10
Industryupdate
Stock market live updates today: Deepak Aggarwal, Co-founder, Co-CEO, and CFO of Moneyboxx Finance Limited
The MPC’s decision to hold the repo rate at 5.25% and maintain a neutral liquidity stance provides stability for NBFCs and MSME borrowers. With inflation projected close to 4% and real rates at around 1.25%, the policy environment remains supportive of growth. Recent durable liquidity injections in December and January have eased system conditions, improving NBFCs’ ability to transmit credit. The upward revision in GDP growth for H1 FY27 reflects resilient domestic demand, which should sustain MSME credit off-take. With lending and deposit rate transmission largely complete, the RBI’s data-dependent stance enables NBFCs to plan funding costs better and continue supporting MSME expansion.
- February 6, 2026 13:09
Industryupdate
Stock market live updates today: Vinay Pai, MD & Head of Fixed Income, Equirus Group on RBI Policy
The Reserve Bank of India, in its policy announcement today, kept the repo rate unchanged, in line with market expectations. In the days leading up to the policy, bond markets witnessed a rally driven by expectations of additional liquidity measures from the RBI, along with supportive movements in the foreign exchange market.
The RBI has also dispensed with the requirement for certain NBFCs to obtain prior approval to open more than 1,000 branches. This step is expected to enhance ease of doing business and foster a more competitive environment among NBFCs, enabling them to expand their outreach more effectively.
- February 6, 2026 13:09
Industryupdate
Stock market live updates today: Rahul Goswami, CIO & MD, India Fixed Income, Franklin Templeton
“The RBI’s decision to keep policy rates unchanged reflects its view that current monetary conditions remain supportive of economic growth. Following a cumulative 125 basis points of rate cuts, the central bank has also undertaken several liquidity-enhancing measures to ensure adequate system liquidity and effective transmission of policy rates. With GDP growth expected to remain resilient at around 7% and CPI inflation projected to align with the 4% target during the first half of FY27, the RBI is carefully weighing these factors. Additionally, the forthcoming revision of the GDP and CPI base years from February 2026 introduces statistical uncertainty, prompting the central bank to assess how these dynamics evolve before taking its next policy action”
- February 6, 2026 13:08
Industryupdate
Stock market live updates today: Rohit Khatau, Director, CCI Projects pvt. ltd
“With the RBI keeping the repo rate at 5.25%, the macroeconomic scenario is providing a stable platform for growth in the real estate sector. The revision in real GDP growth for Q1 and Q2 of 2026-27 to 6.9% and 7% further cements market sentiment. For Mumbai, this translates to successful micro-markets and quality residential developments which continue to attract steady demand, while well-planned gated developments in emerging pockets provide a very attractive investment option for the long term. Now is the time for buyers and developers to tap into these trends and harness stability and growth opportunities to create lasting value.”
- February 6, 2026 13:07
Industryupdate
Stock market live updates today: Shubham Gupta, CFA and Co-founder of Growthvine Capital
The Reserve Bank of India’s decision to hold the repo rate steady at 5.25% does indicate stability; however, it does not provide any guarantees. Inflation has eased significantly, but the central bank has indicated that it will continue to pay close attention to inflation trends in the months ahead thus, home loan borrowers should not assume a simple downward trajectory for interest rates from this point forward. As an example, individuals considering purchasing a ₹1 Crore home should assess their true affordability not only based on current EMI rates, but also under higher interest rate conditions.
- February 6, 2026 13:07
Industryupdate
Stock market live updates today: Poonam Tandon, Chief Investment Officer, IndiaFirst Life Insurance
“The MPC has kept the repo rate unchanged at 5.25% and the committee has unanimously decided to keep the stance neutral. The real GDP growth projections for Q1 and Q2 for FY 27, are revised upwards slightly to 6.9% and 7% respectively. The revised outlook for CPI inflation in Q1 and Q2 of next year, at 4% and 4.2% respectively, revised upwards. While RBI sees growth as favourable, RBI also sees external headwinds having intensified. As far as liquidity in the banking system is concerned, at present it is surplus by Rs 2 lakh crores and the RBI will be taking ‘pre-emptive’ measures on liquidity management for productive requirements and monetary transmission. The policy was as per expectations and focussed on stability in rates thereby indicating a long pause in rate action.”
- February 6, 2026 13:06
Industryupdate
Stock market live updates today: Amit Jain, Chairman and Managing Director, Arkade Developers ltd
“In an environment where inflation remains comfortably within target and growth momentum shows resilience, the monetary policy committee’s choice to hold the repo rate steady at 5.25% reflects a deliberate and balanced approach to monetary policy. By maintaining a neutral stance the central bank has signalled its intent to judiciously weigh the impact of substantial easing over the past year and the unfolding macroeconomic context including global uncertainties and domestic demand dynamics. This pause offers valuable clarity to markets and borrowers while preserving the flexibility to act should inflationary pressures or external risks shift in the months ahead.”
- February 6, 2026 13:04
Banking
Stock market live updates today: Sameer Sawant, Research Analyst, Mirae Asset ShareKhan
The Reserve Bank of India (RBI) has maintained a neutral stance in its latest policy update, keeping the repo rate unchanged at 5.25%, this was a unanimous decision by the MPC. To support the financial system, the RBI intends to ensure sufficient liquidity and remain pre-emptive in its actions.
GDP growth for FY26 is projected at 7.4%, bolstered by strong service sector performance and a supportive agricultural sector due to healthy rabi crops sowing and healthy reservoir levels. Additionally, GDP growth for Q1FY27 and Q2FY27 has been revised upward to 6.9% versus 6.7% earlier and 7.0% versus 6.8% earlier, respectively. Private consumption momentum is expected to sustain, while services exports to remain resilient.
The CPI for FY26 is projected at 2.1%, while projections for Q1FY27 and Q2FY27 have been revised slightly upward to 4% and 4.2%, primarily due to the prices of precious metals. Core inflation is expected to remain range bound.
A new GDP and CPI series is expected to be released later this month.
- February 6, 2026 13:04
Banking
Stock market live updates today: Naveen Kulkarni, Chief Investment Officer, Axis Securities PMS
The RBI’s decision to maintain the repo rate and retain a neutral stance was in line with expectations. Despite global volatility, GDP growth for FY26 has been revised marginally upwards to 7.4%, from 7.3% earlier. The inflation outlook remains comfortable, although the FY26 forecast has seen a slight uptick to 2.1% from 2.0%. While the possibility of a further 25 bps rate cut in upcoming policy meetings cannot be entirely ruled out, it appears unlikely, particularly in light of the India–US trade deal announcement, healthy GDP growth, contained CPI inflation, and improving trends in credit growth.
For banks, Q3 marked a clear inflection point in credit growth, with momentum expected to continue. Secured retail segments continue to demonstrate healthy growth, while unsecured segments are showing gradual signs of revival. Corporate credit growth has remained reasonably robust, especially for larger banks. NIM trends were divergent in Q3: large banks reported stable margins, while mid- and small-sized banks outperformed, posting healthy improvements. Heading into Q4, we expect NIMs to remain steady to marginally improve, as the impact of the December ’25 rate cut is yet to fully play out. Continued deposit repricing, albeit at a slower pace, should provide support to margins. Credit costs have turned the corner and are expected to improve further as stress in unsecured portfolios moderates. Slippages are likely to trend lower, and the asset quality outlook remains favourable.
We remain positive on select large banks such as Kotak Mahindra Bank and SBI, and prefer Federal Bank, City Union Bank, and Ujjivan SFB among SMID banks.
- February 6, 2026 13:03
Industryupdate
Stock market live updates today: Vikram Chhabra, Senior Economist, 360 ONE Asset
The RBI’s decision to keep policy rates unchanged was broadly in line with our expectations. Since the previous meeting, the growth outlook has remained largely stable, while upside risks to inflation have emerged amid rising commodity prices. In this context, it is reasonable for the RBI to adopt a wait-and-watch approach until greater clarity emerges on the macroeconomic outlook. Additionally, both the inflation and GDP series are scheduled for revision, and it would be prudent to base policy decisions on the updated datasets. Broadly, we still see room for at most one additional rate cut, provided the inflation outlook remains benign. Going forward, policy focus is likely to shift toward more effective liquidity management
- February 6, 2026 13:02
Industryupdate
Stock market live updates today: Vikas Garg, Head – Fixed Income, Invesco Mutual Fund
“As expected, it was a non-event policy, with the RBI maintaining the status quo on both policy rates and stance. The RBI revised Q1/Q2 FY27 GDP estimates upward, supported by robust commentary driven by strong domestic factors and recent tariff related trade agreements. Q1/Q2 FY27 inflation projections were also revised slightly higher, though nothing concerning. Full year FY27 projections will be released in the April policy, incorporating the revised CPI and GDP series. While the Governor reiterated a pre-emptive approach to liquidity management, the absence of specific announcements on additional liquidity measures disappointed the market. The current growth inflation dynamics suggest that the present rate cut cycle may have come to an end, unless growth surprises negatively. For now, we expect an extended pause in policy rates. However, the RBI may continue to infuse durable liquidity through OMOs to aid better rate cut transmission, particularly in the short tenor segment.”
- February 6, 2026 13:00
Industryupdate
Stock market live updates today: Vikrant Chaturvedi, Associate Director - Research, Brickwork Ratings
“The RBI MPC’s unanimous decision to keep the repo rate unchanged at 5.25 percent and maintain a neutral stance signals confidence in India’s macroeconomic resilience, with growth holding firm even as inflation remains decisively benign. With FY2026 CPI inflation projected at a low 2.1 per cent and underlying pressures well contained, the policy pause suggests that the current rate setting is appropriately calibrated to support demand without jeopardising price stability. Importantly, the MPC’s upward revision to its GDP growth projections for early FY2027 to 6.9 percent in Q1 and 7.0 percent in Q2, underscores the strength of domestic growth drivers, particularly services, investment and consumption. Notably, the absence of any explicit liquidity guidance in the policy statement points to a preference for letting financial conditions evolve organically rather than actively easing them at this stage. The MPC’s emphasis on reassessing the policy path after the release of the new GDP and CPI series later this month reinforces its data-dependent approach. From a credit ratings perspective, stable policy rates and strong growth are supportive of debt-servicing capacity and ratings stability, although a less accommodative liquidity environment could temper the benefits for highly leveraged and liquidity-sensitive borrowers amid persistent external volatility.”
- February 6, 2026 12:59
Industryupdate
Stock market live updates today: Kunal Shah, Co-founder, SURE
“The RBI’s decision to keep the repo rate unchanged at 5.25% as the MPC committee believes that outlook on growth and inflation are positive. Successful completion of trade deal with US augurs well for growth and outlook on inflation is closer to 4% target.
RBI has infused approximately Rs 13.70 lakh crores of liquidity in the banking system in current financial year (including dividend of Rs 2.70 lakh crores), apart from the this interest rates are reduced by 1.25%. Status quo will allow the economy to absorb the monetary changes introduced over the course of the last financial year. Neutral chance also ensure, RBI can deliver another rate cut if outlook on inflation turns favourable and global commodity prices normalise.
From a lending perspective, having maintained a neutral stance provides more certainty to both banks and borrowers on the earlier repo rate cuts. For borrowers, this stability means interest rates are less likely to see sudden movement. Existing borrowers will see more stable monthly outgo, while new buyers are better positioned to plan their home purchases with confidence, aided by predictable EMIs and stable rates improved affordability driven by prior easing.”
- February 6, 2026 12:58
Stock market live updates today: Vikas Garg, head of fixed income at Invesco Mutual Fund
“As expected, it was a non-event policy, with the RBI maintaining the status quo on both policy rates and stance. The RBI revised Q1/Q2 FY27 GDP estimates upward, supported by robust commentary driven by strong domestic factors and recent tariff related trade agreements. Q1/Q2 FY27 inflation projections were also revised slightly higher, though nothing concerning. Full year FY27 projections will be released in the April policy, incorporating the revised CPI and GDP series.
While the Governor reiterated a pre emptive approach to liquidity management, the absence of specific announcements on additional liquidity measures disappointed the market. The current growth inflation dynamics suggest that the present rate cut cycle may have come to an end, unless growth surprises negatively. For now, we expect an extended pause in policy rates. However, the RBI may continue to infuse durable liquidity through OMOs to aid better rate cut transmission, particularly in the short tenor segment.” -– Vikas Garg, Head - Fixed Income, Invesco Mutual Fund.
- February 6, 2026 12:56
Stock market live updates today: Amit Prakash Singh, Co-founder & CBO, Urban Money
“From a mortgage and lending perspective, the RBI’s decision to keep the repo rate unchanged at 5.25 percent provides much needed policy stability for the home loan market. With the benefits of earlier rate cuts yet to be fully transmitted, efficient and timely pass through by lenders will be critical to sustain demand. Stable rates improve borrower confidence, encourage planned credit spending and support disciplined balance sheet decisions, especially for first time homebuyers and upgraders who remain sensitive to even marginal changes in borrowing costs.”
- February 6, 2026 12:55
Industryupdate
Stock market live updates today: Rishabh Periwal, Senior Vice President, Pioneer Urban Land & Infrastructure Ltd
“The RBI Monetary Policy Committee’s decision to maintain the repo rate at 5.25% provides much-needed stability to the real estate sector. This follows the cumulative 125 basis points rate reduction during 2025, which has already supported borrowing sentiment and improved affordability. A steady rate environment ensures predictability in home loan costs, encouraging buyer confidence and sustaining housing demand. For developers, stable funding conditions and improved liquidity visibility enable better planning of project launches and execution timelines. Overall, this decision reinforces a growth-oriented environment and strengthens confidence across key real estate markets.”
- February 6, 2026 12:55
Stock market live updates today: Ashwini Shami, President and Chief Portfolio Manager, OmniScience Capital
“The continued neutral stance and no change in the policy rate were broadly expected. The upward revision in growth projections for the next two quarters at 6.9% and 7% reinforces India’s status as one of the fastest-growing major economies. The higher inflation projection for FY27 takes into account the base effect of the decline in prices seen over the last few quarters. However, the projected inflation remains within the RBI’s target range. The growth outlook remains strong, with robust domestic consumption and a stabilising external sector supported by prospective trade deals. The statement also highlighted high capacity utilisation and healthy balance sheets of corporates as well as the financial sector. Continued thrust on capital expenditure is expected to maintain growth momentum, further supported by a low inflationary environment’.
- February 6, 2026 12:54
Stock market live updates today: Rajani Sinha, Chief Economist, CareEdge Ratings
“ The MPC’s decision in its February meeting to maintain status quo on both the policy rate and stance was in line with our expectations. The committee revised up its average growth projection for H1FY27 by 20 bps to 7%, while CPI inflation projections for FY26 and H1FY27 each were raised by 10 bps. Based on our estimates, the proposed tariff reduction could add ~ 20 bps to GDP growth, leading us to project growth of 7.2% for FY27. CPI inflation is expected to average close to 4% in FY27. However, the forthcoming new series for both CPI and GDP will need close monitoring, as these could lead to minor revisions to our projections .
On the liquidity front, the Governor reiterated the RBI’s commitment to maintaining comfortable liquidity conditions through timely interventions as required. We expect the RBI to continue liquidity injection measures, particularly in the second half of March when tax-related outflows typically intensify. A comfortable liquidity condition is critical for transmission of the previous rate cuts. On the external front, easing trade policy uncertainties after the recent trade deals are likely to lend some support to the rupee. This may allow the RBI to scale back its forex market interventions, which had increased in the recent months amid elevated volatility. Reduced intervention would be supportive of rupee liquidity. Going ahead, we do not expect further rate cuts from the RBI unless downside tail risks to growth materialise .”
- February 6, 2026 12:52
Industryupdate
Stock market live updates today: Bhavin Patel, Co-Founder & CEO, LenDenClub & Vartis Platforms
“The RBI’s proposed guidelines on preventing mis-selling, ensuring fair and transparent recovery practices, and clearly defining limited liability in unauthorised electronic transactions create greater accountability across the lending ecosystem. Similarly, the proposed compensation for losses arising from small-value fraudulent transactions acts as both a deterrent against misuse and a meaningful safety net for customers who become victims of fraud. At a time when digital adoption is accelerating alongside fraud risks, these measures help reduce fear, encourage timely reporting, and ensure that customers are not penalised for circumstances beyond their control. For users, this translates into greater confidence, safety, and clarity, and for the industry, it strengthens trust and responsible participation in digital and P2P lending.” - Bhavin Patel, Co-Founder & CEO, LenDenClub & Vartis Platforms
- February 6, 2026 12:11
Industryupdate
Stock market live updates today: Gems & Jewellery - Colin Shah, MD Kama Jewelry, on RBI Monetary Policy
“The fact that the RBI is not increasing interest rates along with a benign inflation is a good sign of reassurance to the export-based industries such as gems and jewellery as the RBI has indicated that the economy is not undergoing any financial crisis.
India has demonstrated economic strength by its steadfast core inflation and outlook on prices of precious metals being within a range offer much-needed predictability to businesses in a highly global and price-sensitive market as it is in our case.
- February 6, 2026 12:10
Industryupdate
Stock market live updates today: Agriculture & Food services - Sanjay Kumar, CEO & MD, Rassense on RBI Monetary Policy
“The news of the RBI keeping the repo rate unchanged in status quo is a relief to the food services industry, which is sensitive to inflation and the prices of agri-commodities. With the likelihood of a healthy kharif production supported by strong food supply forecasts, sufficient grain stocks, and good rabi sowing, the input pressure is expected to be within a range in the near future. Also, more credit facilities will be provided to MSMEs to support supply chains and help small food businesses grow operations effectively.
On balance, the forecasts and the steps declared in the budget towards the agriculture sector reflect a strong future that will eventually improve production and lead to the domestic consumption of both the urban and the rural segments. Though this provides a good working environment, the industry needs to be on the alert for any derailment caused by weather unpredictability and world geopolitical growth.”
- February 6, 2026 12:08
Industryupdate
Stock market live updates today: Nitin Bavisi, CFO, Ajmera Realty on RBI Monetary Policy
The decision to keep the repo rate unchanged is a positive move for the real estate sector, as it will help maintain the sales momentum, and keep it ongoing by offering homebuyers stability in home loan rates. The Indian real estate sector has showcased significant growth, backed by favourable economic factors leading to strengthened liquidity in the hands of the masses, thus inspiring homebuyers to upgrade to a better living.
Parallelly, the opening up of scope for lending to REITs will go a long way in instilling confidence, especially in overseas investors, ultimately boosting FDI inflows into the country. Going forward, as India continues on its growth charter, residential real estate is increasingly emerging as a preferred investment avenue, given the factors including security and lucrative returns. We are optimistic about the growth environment continuing to flourish on the back of a supportive economic growth that will encourage the RBI to ease further the repo rate, which will boost housing demand.
- February 6, 2026 11:51
Marketdown
Stock Market Live Today: Sensex, Nifty trade lower after RBI pauses rate cuts; IT stocks decline
- February 6, 2026 11:50
Banking
Stock market live today: Aadhar Housing Finance | MPC Announcement
“By keeping rates unchanged and having a neutral stance, the RBI is giving the economy time to absorb and pass on the impact of earlier rate cuts. While near-term inflation expectations have moved up slightly, rate stability supports borrower confidence and growth momentum. For the housing segment, this brings predictability in interest costs and, when combined with prior easing, supports improved affordability. The RBI’s proactive liquidity management and steps such as easing branch norms for NBFCs will help ensure steady credit flow and strengthen access finance across Bharat.”
- February 6, 2026 11:40
Share market Live Today: LIC shares surge over 7% post Q3 earnings
- February 6, 2026 11:22
Industryupdate
Stock market live updates today: V Rama Chandra Reddy, Head - Treasury, Karur Vysya Bank
RBI Stays the Course with a Strategic Pause. RBI’s policy reflects a clear focus on macro-financial stability, with the continuation of the pause being a strategic decision and fully consistent with the MPC’s earlier actions and guidance.
Upward revisions to both CPI inflation and GDP growth have further narrowed the space for any near-term rate cuts, leading to a fading of earlier market expectations of one additional cut. The MPC’s assessment indicates that the current repo rate is broadly appropriate for prevailing macroeconomic conditions.
On the liquidity front, the RBI has reiterated its commitment to maintaining adequate system liquidity, providing comfort to money markets. While no OMO purchases were announced, the RBI has retained flexibility to deploy liquidity management tools as required.
Overall, the policy outcome was well aligned with market expectations, with bond yields hardening marginally by about 4–5 basis points in the immediate reaction. Going ahead, an extended policy pause is likely to result in range-bound bond markets, with demand–supply dynamics and domestic liquidity conditions acting as the key drivers. The benchmark 10-year yield is expected to trade in a broad range of 6.60%–6.80% in the near term, supported by the RBI’s calibrated and predictable policy approach.
- February 6, 2026 11:22
Industryupdate
Stock market live updates today: Sachin Bajaj, Executive Vice President & Chief Investment Officer, Axis Max Life Insurance
“The MPC meeting comes against a backdrop of heightened geopolitical uncertainty, inflation below the lower end of the MPC tolerance band, and volatile currency markets. The policy announced today was a status quo decision; however, we expect space for further monetary support if growth slows down. We anticipate a final 25 basis point cut in the repo rate to 5% during the early part of the next financial year to address growth concerns emanating from the uncertain global environment.”
- February 6, 2026 11:21
Industryupdate
Stock market live updates today: Vikram Chhabra, Senior Economist, 360 ONE Asset
The RBI’s decision to keep policy rates unchanged was broadly in line with our expectations. Since the previous meeting, the growth outlook has remained largely stable, while upside risks to inflation have emerged amid rising commodity prices. In this context, it is reasonable for the RBI to adopt a wait-and-watch approach until greater clarity emerges on the macroeconomic outlook. Additionally, both the inflation and GDP series are scheduled for revision, and it would be prudent to base policy decisions on the updated datasets. Broadly, we still see room for at most one additional rate cut, provided the inflation outlook remains benign. Going forward, policy focus is likely to shift toward more effective liquidity management.
- February 6, 2026 11:20
Industryupdate
Stock market live updates today: Abhishek Bisen, Head-Fixed Income, Kotak Mahindra AMC
RBI will continue to remain proactive and maintain ample liquidity. We believe post this policy RBI to be in long pause. 10 yr Gsec has moved up slightly by 4 bps and is trading around 6.70% levels.
- February 6, 2026 11:20
Banking
Stock market live updates today: Sameer Sawant, Research Analyst, Mirae Asset ShareKhan
It is neutral for banks and NBFCs as far as the overall policy is concerned, though the RBI explicitly did not announce any OMO like measures to boost liquidity, as they want to ensure full transmission of measures taken earlier, but an assurance to pro-actively work towards ensuring sufficient liquidity is comforting.
- February 6, 2026 11:19
Industryupdate
Stock market live updates today: Shishir Baijal, International Partner, Chairman and Managing Director, Knight Frank India
The RBI’s decision to hold rates steady, reflects a cautious and stability focused stance in a volatile global environment. As the economic growth outlook remains stable and maintain momentum, we can expect this overall growth to have a positive impact on the real estate sector. The pause underscores the central bank’s priority on managing currency pressures and external risks.
For the real estate sector, the repo rate continues to remain at its lowest level in the post-pandemic period. While a further reduction in rates would have provided an added boost to homebuyer sentiment, particularly in the affordable housing segment, we expect banks to pass on a greater share of the existing rate benefits to consumers in the coming months. A stable interest rate environment offers much-needed predictability, supporting informed decision-making for both homebuyers and developers. In addition to the rate actions, the central bank has also eased the rules for bank lending to REITs which is a positive step considering it will ease their credit access and facilitate access to lower cost funds.
- February 6, 2026 11:19
Industryupdate
Stock market live updates today: Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation
The RBI’s decision to keep the repo rate unchanged at 5.25% reinforces policy stability and provides a supportive backdrop for the residential real estate market. While a rate cut would have lowered borrowing costs, a steady interest rate environment enables homebuyers to take long-term purchase decisions with greater confidence and predictability. This is particularly relevant for the premium housing segment, where buyers place stronger emphasis on product quality, location, and long-term value creation rather than short-term rate movements.
For developers, rate continuity allows for more disciplined planning of project launches, construction schedules, and capital deployment. With premium homes forming an increasing share of residential sales across key metropolitan markets, stable monetary policy is expected to help sustain demand momentum and reinforce positive sentiment over the coming quarters.
- February 6, 2026 11:18
Industryupdate
Stock market live updates today: Sujan Hajra, Chief Economist & Executive Director, Anand Rathi Group.
As widely anticipated, the MPC delivered a status quo outcome, with no change in the policy repo rate and no change in the liquidity stance, which remains neutral. There were no major policy surprises in the decision.
- On projections, GDP growth for H1 FY27 was revised slightly upwards, reflecting resilient domestic demand and continued momentum in services. CPI inflation for this year was revised up by ~10 bps, largely driven by higher precious metal prices, while underlying core inflation remains benign.
- The only surprise from our end was the absence of any fresh liquidity-related announcements. That said, the RBI has already injected durable liquidity during December and January, which has meaningfully eased system liquidity.
- With much of the policy transmission passed through in lending and deposit rates, the policy reinforces a wait-and-watch stance, with future action remaining data-dependent.
- At the current juncture, with repo at 5.25 and inflation projected closer to 4%, the real rates of 1.25% indicates RBI’s bias towards growth as inflation remains under the target band. We think the central bank will continue to hold rates unless we note a material worsening in growth.
- February 6, 2026 11:10
Stock market live updates today: RBI allows banks to lend directly to REITs
The Reserve Bank of India has proposed allowing banks to lend directly to real estate trusts (REITs) as part of its measures to improve the flow of credit to the real estate sector.
- February 6, 2026 10:56
Stock market
Stocks in focus: Nifty Bank Prediction Today – February 6, 2026: Nifty Bank futures: Bears gaining traction
Nifty Bank index began today’s session with a gap-down at 59,967 versus yesterday’s close of 60,064. It slipped after opening and is now hovering around 59,700, down 0.6 per cent.
The advance-decline ratio stands at 3-11, showing a bearish bias. Kotak Mahindra Bank (up 0.75 per cent) is the top gainer followed by Axis Bank and ICICI Bank, up 0.25 per cent each.
On the other hand, IndusInd Bank (down 1.9 per cent) is the top loser followed by Punjab National Bank (down 1.6 per cent).
- February 6, 2026 10:47
Stock market live updates today: Garima Kapoor Deputy Head of Research and Economist at Elara Capital on the RBI Monetary Policy
Focusing on effective transmission of rate cuts already taken and being encouraged by healthy growth trajectory in the economy RBI’s MPC decided to keep repo rate unchanged while awaiting new GDP and CPI series. With inflation expected to rise hereon amid normalization of food prices and adverse base effect, the scope for further rate cuts has shrunk. A shock to growth-inflation balance would only propel another rate cut. For now, we expect a prolonged pause from the RBI.
- February 6, 2026 10:46
Stock market
Stock market live updates: Nifty Prediction Today – February 06, 2026: Nifty 50 Futures: Can fall more. Go short
Nifty 50 continues to trade under pressure. The index has come down well in the early trades. It is currently trading at 25,526 down 0.45 per cent. The advances/declines ratio is at 11:39. This is negative. It suggests that more fall could be on the cards during the day.
- February 6, 2026 10:44
Industryupdate
Stocks in focus: Brokerage view
CLSA on Bharti Airtel
O-P, TP Rs 2310
3Q consolidated revenue/Ebitda of Rs540bn/Rs308bn were up 4% QoQ/20-25% YoY.
India revenue/Ebitda growth of 1-2% QoQ/14-21% YoY was in line, while Africa was a positive surprise.
India mobile revenue/Ebitda were up 2% QoQ/9-12% YoY.
Bharti gained 5.2m QoQ/21m YoY 4G/5G data subs and Arpu of Rs259 up 1% QoQ/5% YoY was 21% higher than Reliance Jio’s.
Bharti’s 9MFY26 consol. free cashflow was high at Rs478bn/US$5.5bn after leases and capex of Rs315bn/US$3.6bn and gearing was low at 1x
Morgan Stanley on Bharti Airtel
Maintains Overweight rating with a target price of ₹2,435
EBITDA beat estimates driven by strong India operations
India mobile subscribers beat expectations with lower churn
Homes business delivered strong user growth and EBITDA
Operating free cash flow improved with lower capex
Net debt declined sharply reflecting strong cash generation
Jefferies on Bharti Airtel
Buy, TP Rs 2575
Q3 broadly in line, with subscriber additions in India mobile/homes, strong growth in Africa, margin expansion in India
mobile and robust FCF generation being key highlights
Raise FY26-28 estimates by 1-4%
and reiterate BUY with revised PT of Rs2,575,
Buy given strong growth outlook (17/18% India revenue/Ebitda CAGR and 24% FCF CAGR over FY26-28) & rising ROCE
CITI on Bharti Airtel
Buy TP Rs 2475
Steady 3Q with all segments performing broadly in line with expectations.
India Mobile revenue/EBITDA grew ~2% qoq, which was largely along expected lines.
Homes revenue/EBITDA grew ~7% qoq, with sub adds maintaining an accelerating trend.
Airtel Business revenue growth was 1.5% qoq, slightly below estimates.
Airtel Africa earlier reported a strong set of results
Bharti recently announced March 2-16 as call payment dates for balance 75% amount outstanding as part of its Sep’21 partly-paid rights issue.
CLSA on Godrej Prop
O-P, TP Rs 2360
Management expects to meet/surpass its FY26 presales guidance and for presales growth to continue in FY27
While cash flows lagged (presales) in 9MFY26, GPL expects a sharp rise in collections & OCF in 4QFY26, driven by a slew of completions
GPL is trading at a discount to peers
Believe that with improving cash flows, low profitability overhang should get addressed, warranting a stock rerating
Jefferies on Godrej Properties
Buy, TP cut to Rs 2700
Saw pre-sales, customer collections, and Op. CF surplus grow by 55%, 40%, and 73% YoY during the Dec’qtr.
Management sounded confident of beating its pre-sales target for FY26 and expects growth in FY27.
National developer model is driving market share gains as some micro-market specific issues emerge.
A large jump in execution should also drive faster P&L performance soon
Jefferies on IOC
Buy, TP Rs 190
EBITDA was 28% above JEFe (21% above consensus) on strong refining margins.
Likely loss of Russian crude will impact refining margins in FY27.
Low crude price outlook over CY2026 is constructive for marketing margins that are tracking at elevated levels.
Fear of excise duty hike has receded.
Val in line with historical average
JPM on IOC
OW, TP Rs 200
Reported a strong beat
Strong volumes supported overall earnings, though petchem segment was a slight drag
4Q may face some headwinds from higher crude prices
Jefferies on IKS
Buy, TP Rs 1960
Q3 revenues were in line while margin/normalized profits beat estimates.
Healthy growth in underlying business and reducing drag from AQuity will support US$ revenue growth of 16% CAGR
Raise EPS estimates by 1% and expect 27% EPS CAGR over FY26-28
While its current 34x PE may not sustain given concerns around US healthcare & AI, IKS still offers 15% upside
Nomura on IKS
Buy, TP Rs 2000
Revenue growth marginally above estimates
EBITDA margin to remain stable in coming quarters
Integration of Acuity on track
STK trades at 25.6x FY28F EPS of Rs 66.45
Key risks: inability to mine Acuity clients leading to lower growth, and aggressive investments into equity-linked structures with poor returns.
JPM on IKS
Neutral, TP Rs 1700
Q3 mixed with revenues in-line but margins missing estimates
Revenues grew 3% QQ while the Ebit margin contracted 30bps QQ to 30.6% & 50bps below JPMe
Management highlighted that cross-selling of services to AQuity clients is still a work in progress with some success but will take at least another couple of quarters to fully play out
Even tail account rationalization of AQuity clients is still ongoing & will be completed in a couple of quarters, indicating continued headwinds in meantime.
Co guiding for Ebitda margin to remain around 35%, as it will try to optimize on gross margin and invest in S&M and R&D.
JPM on Kaynes Tech
OW, TP Rs 6100
3Q missed on both revenues and margins.
Revenue grew 22% YY but came in 16%/6% below consensus/JPMe, while Ebitda margins expanded 60bps YY to 14.8% but came in 100bps/70bps below consensus/JPMe
Order book growth was healthy at 50% YY vs average of 48% in last 2 quarters.
Revenue growth was strong in Automotive (44%) while weak elsewhere - Industrial (down 4%) and Railways (down 18%)
Believe QQ Ebitda margin contraction came from a decrease in high margin ODM mix to 27% (vs 30% in 2QFY26).
Net working capital days increased to 139 days vs 116 in 1H
Two key things to watch out for on call will be
a potential cut to FY26 revenue guidance given 9M revenues are tracking below expectations
update on discounting of legacy receivables so as to bring down net working capital days.
Jefferies on Kaynes Tech
Buy, TP Rs 5940
Q3 an all-round miss to JEFe
Sales/RPAT growth at +22%/+15%YoY was a sharp deceleration vs H1FY26.
Industrial sales (~55% of mix) degrew by est 5%YoY
Order book +12%QoQ to Rs91bn
OPM at 14.8% (+60bpsYoY; -150bps QoQ) missed JEFe.
Net wcapital rose to 139 days (+23 QoQ).
Net Debt rose to Rs6.6bn (Rs4.2bn in Sept25)
Macquarie on Kaynes Tech
Recommendation: Outperform, Target: ₹5,900
Q3FY26: Weak performance
Revenue miss was primarily due to lower-than-anticipated growth for the industrials and railways segments
Management had expressed high conviction about H2 momentum, which now seems misplaced
Expect the stock to open weak, and wait to see what management has to say on the conference call
CITI on Nykaa
Sell, TP Rs 210
EBITDA beat expectations (+5% vs Citi) with margins at 8% (Citi: 7.6%/VA Consensus: 7.3%) on higher BPC gross margins, enabled by stellar growth in ‘House of Nykaa’ owned brands (+65% YoY).
Elevated marketing spends have delivered solid annual transacting customer growth (+4mn YoY in BPC) & BPC margins trajectory has improved in recent Qs
At >60x EV/EBITDA & >100x P/E on Sep’27E, valuations are expensive
Nomura on Nykaa
Upgrade to Buy, TP Rs 305
3Q EBITDA ahead of estimates
Growth on track, margin improvement across BPC & Fashion to sustain
Structural margin levers in place
Stock trades at 4.7x FY27F EV/sales, which believe is attractive given strong 45% EBITDA CAGR & potential to sustain 25%+ growth post FY28F
Morgan Stanley on Nykaa
Recommendation: Overweight; Target: ₹286, Earlier target: ₹271
Q3 margin beat: Firing on all cylinders
Consistent strong growth and profitability delivery has been the theme for Nykaa in FY26
Q3 delivery was consistent to that effect with a positive margin surprise outperformance
Continue to believe Nykaa remains a good play on India’s beauty market
Jefferies on Nykaa
Buy, TP Rs 315
At time when several firms across consumption categories have blamed tough macro, GST rollout & shift in festive season for a weak
3Q performance, Nykaa reported an exceptional result
Not only has growth has been strong across verticals, this was also supported by margin expansion across segments with break-even seemingly in sight in fashion.
Own brands continue to have the dream-run on growth, with Dot & Key EBITDA margins in high-teens.
Macquarie on Page Ind
U-P, TP Rs 31000
Continued sales performance strength seen in 3Q and flow-through of growth initiatives make Page confident of healthy growth in 4Q.
Page expects continued growth investments to keep EBITDA margin at 19-21%, making it difficult to extrapolate 3Q EBITDA margin strength.
Cut EPS/TP to factor in concerns on reaching double-digit sales growth
CITI On Page Ind
Sell, TP Rs 33000
Volume growth was weak at 1.4% (Citi est of 5%); however, better-than-expected realization (4.2% vs Citi est 1.2%) led to revenue growth of 6% YoY (1% below Citi est).
EBITDA/Adj PAT grew 5%/5% YoY &1%/5% below Citi est.
Management highlighted
(a) MSD decline in general trade LFL;
(b) realization growth led by category, product and channel mix;
(c) 3Q was better than 2Q and that should flow into 4Q as well;
(d) intent is to grow volume at double digits.
Any significant improvement in demand environment may not materially benefit Page, given category & low operating leverage
Remain cautious given no near-term catalyst/company-specific initiatives to drive growth.
MS on India Equity Strategy
Trailing 12 month performance worst on record with valuations near prior troughs
Weak FPI positioning and undervalued currency create pain trade potential
Buyback cycle likely aided by improved tax regime
Earnings growth inflection expected in coming months
Growth cycle accelerating on rate cuts liquidity infusion bank deregulation and capex
Lower oil intensity fiscal consolidation and risingbd exports support re rating
Portfolio preference domestic cyclicals over defensives
Overweight Financials Consumer Discretionary Industrials
Underweight Energy Materials Utilities Healthcare
MOSL on Kolte Patil
Maintain Buy with target price of 428 revised from ₹490
Performance remains muted as the new management transition is still underway
9MFY26 performance remained subdued amid the ongoing transition, indicating a likely full-S9600 year shortfall versus earlier expectations s across key operating and financial metrics
Kotak Securities on Uno Minda
Recommendation: Sell, Target: ₹1,050, Earlier target: ₹1,070
A decent quarter
Order win momentum and product addition to drive outperformance
Expect the company to outperform the automotive industry
Expect margin trends to remain range-bound in the coming years
Valuations remain expensive given the weak return ratio profile and a lack of FCF generation
GS on Uno Minda
Maintains Buy rating with a raised target price of 1,500 (from ₹1,480)
3Q results broadly in line with estimates
Alloy wheel margins supported by aluminium cost pass through
LPDC and GDC capacity expansion announced over next 3 to 4 years
Camera modules segment gaining additional Sen customers
EPS revised for FY26 FY27 FY28 on volume visibility
Nuvama on Greenply Industries
Maintain Buy with target price of ₹412 (cut from ₹431)
Plywood performance improved, driven by better execution and focus on the mid-value segment
Ecotec brand continues to see strong traction and remains the key growth driver
MDF growth remained healthy, though margins were pressured due to temporary trading activity post expansion
Management expects MDF margins to normalise as the new line stabilises
Near-term earnings impacted by higher depreciation, forex losses and JV drag, while core business outlook remains constructive
Nuvama on Hexaware Technologies
Downgrade to Hold with target price of ₹690 (cut from ₹850)
Revenue growth impacted by client-specific headwinds, including lower licence revenue and reduced spending from a large client
Margins softened due to operational factors and one-off items, pressuring near-term profitability
Management expects CY26 growth to be led by select verticals but flagged a weak start due to seasonality and one-time pressures
Margin outlook for CY26 remains conservative, with improvement skewed to the second half
Near-term growth and margin visibility remain limited
Nuvama on CCL Products
Maintain Hold with target price of ₹1,035 (raised from ₹949)
Strong volume momentum supported by robust demand in domestic branded segments
Capacity utilisation healthy with scope for operating leverage over the medium term
Gross margin pressure remains a concern due to coffee price volatility
Overall outlook steady, with volume growth balanced against margin sensitivity
Nuvama on Kalpataru
Maintain Buy with target price of ₹1,428 (cut from ₹1,443)
Margins weak due to Fastag legacy losses, water slowdown and lower road income
Standalone performance strong on better working capital and lower interest costs
Order inflows weak in Q3, but FY26 intake guidance intact due to a strong L1 pipeline
Fastag legacy projects nearing closure, expected to ease margin pressure
T&D, B&F and international segments continue to anchor growth
Promoter pledge remains an overhang, though sharply down from past levels
Motilal Oswal on CAMS
Maintain Buy with target price of ₹840 (vs ₹850) – Analyst Meet KTAs
Platform re-architecture is underway
Non-MF revenue scaled at a 26% CAGR over FY21–26
Payments business (CAMSPay) emerging as a strong growth engine, recording 41% YoY growth in 9M FY26
Company targets to expand the non-MF business at a 20% CAGR over the next three years, focusing on key growth segments
Guided for overall revenue/MF AAUM/MF revenue/Non-MF/EBITDA/PAT CAGR of 17%/22%/15%/26%/18%/18% over FY21–26
Expect CAMS to deliver a CAGR of 11%/11%/12% in revenue/EBITDA/PAT during FY25–28
Bernstein on LIC
Rates Market-Perform with a target price of ₹940
3Q FY26 strong topline with margin uplift despite GST
New business margin improves to ~21%
Margin gains driven by mix and yield curve benefits
GST impact mitigated via cost discipline
Management flags government stake sale process to begin soon
Dividend policy likely post IFRS transition
Citi on LIC
Recommendation: Buy, Target: ₹1,345
Strong quarter
VNB margin continued to expand largely led by favourable yield curve trajectory
See case for higher dividend payout policy
Valuations remain benign with lack of any substantial value being ascribed to the MTM
Goldman Sachs on Data Patterns
Maintains Buy rating with a target price of ₹3,650
3Q FY26 results beat estimates across parameters
EBITDA up 49% YoY with margin at 46.5%
Order book strong at ₹7.4 bn with healthy inflows
Export order book at ₹628 mn supports growth visibility
Morgan Stanley on REC
Maintains Overweight rating with a revised target price of ₹495
EPS cut for FY26, FY27, FY28 on slower loan growth and lower NIM
Loan CAGR assumption cut to 7% from 12%
NIM assumptions moderated while credit costs unchanged
Target price lowered 4 to 4.5% post valuation roll forward
Morgan Stanley on Aditya Birla Fashion
Maintains Overweight rating with a target price of ₹131
3Q FY26 beat on revenue and margins
Revenue up 8% YoY ahead of estimates
EBITDA margin at 13% better than expected
Pantaloons LTL growth positive after calendar adjustment
Ethnic portfolio strong with margin expansion
Luxury and TMRW businesses continue to scale
Morgan Stanley on Astral
Maintains Equal Weight rating with a target price of ₹1,461
3Q revenue, EBITDA and adj PAT largely in line
Plumbing margins missed due to inventory loss of ₹200–250 mn
Pipe volumes strong but realisations declined on PVC/CPVC price cuts
Adhesives margins improved with stable revenue growth
4Q demand trends better with PVC prices seen bottoming
Morgan Stanley on BlackBuck
Maintains Equal Weight rating with a target price of ₹653
3Q revenue and adj EBITDA beat estimates
Tolling GTV grew faster than industry indicating market share gains
Core payments and telematics business scaled well
Growth businesses expanded with higher investment
Margins stable with calibrated spend increase
Jefferies on Hitachi Energy
Recommendation: Buy, Target: ₹25,000
Quarter beats continue; theme intact
Order flow outlook remains robust – Chinese imports unlikely
Operating leverage drives margins
74% EPS CAGR over FY25–28E and 25%+ ROE should keep valuations elevated
Jefferies on Tata Motors PV
Recommendation: Underperform, Target: ₹310
Weak Dec-Q; India PVs good, but JLR outlook bleak
Q4 should be better for JLR as cyberattack impact normalizes
See multiple headwinds including increased competition and consumption tax in China, high discounts & warranty cost, and BEV transition
Tata Motors key models are starting to age
India PV is better placed but is unlikely to offset the JLR drag
Jefferies on Cummins
Recommendation: Buy; Target: ₹4,975, Earlier target: ₹5,120
Pricing still stable; 9M gross margin up 120 bps
Management is confident of achieving double-digit growth in FY26
Highlighted double-digit growth prospects in domestic for FY27
Data centre pipeline is shaping up well for 2-3 years and should continue to be the sweetener on core growth
Morgan Stanley on PB Fintech
Recommendation: Underweight, Target: ₹1,370
Think the cancellation today should remove the overhang on the stock
There are other unknowns of likely outcomes from potential regulations around commissions
Have a fundamental underweight rating, owing to its expensive valuation
Nomura on Eureka Forbes
Recommendation: Buy (upgraded), Target price: ₹629
Multiple growth initiatives on track
Q3FY26 in-line with estimates
Progress toward FY30 targets can drive stronger value accretion
Stock trades at 30x FY28 EPS, believe is attractive given a 24% EPS CAGR over FY26–28
- February 6, 2026 10:26
Industryupdate
Stock market live updates today: RBI keeps repo rate unchanged at 5.25%, maintains neutral stance amid global policy divergence
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday announced that the Monetary Policy Committee (MPC) has unanimously decided to keep the policy repo rate unchanged at 5.25 per cent, while continuing with a neutral policy stance.
- February 6, 2026 10:15
Commodities
Stock market live updates today: Crude oil futures gain ahead of US-Iran talks
Crude oil futures traded higher on Friday morning despite de-escalation of tensions between Iran and US as both countries are scheduled to hold talks later in the day.
- February 6, 2026 10:12
Stock market
Stocks in Focus: Indian IT stocks set for worst week in four months as AI jitters deepen
Indian software exporters shares fell about 2 per cent on Friday and were headed for their worst week in over four months, as rapid advances in artificial intelligence deepened worries that high-margin application-services revenues for Indian IT firms could come under pressure.
- February 6, 2026 10:05
Industryupdate
Stock market live updates today: Rupee rises 11 paise to 90.23 against US dollar in early trade
The rupee rose 11 paise to 90.23 against the US dollar in early trade on Friday on positive investor sentiments as traders keenly awaited the RBI’s MPC announcement.
- February 6, 2026 10:04
Industryupdate
Stock market live updates today: Market analysis by Vikram Subburaj, CEO, Giottus.com
February 6, 2026
Bitcoin slid sharply on Thursday and extended a bruising weekly decline as macro headwinds, ETF outflows, and on-chain stress converged to sap risk appetite across digital assets. The world’s largest crypto was trading around $65,000-$66,000 during Asian and European hours on February 6. It was down nearly 10% on the day and close to 30% over the past week.
The immediate trigger for the sell-off has been a decisive break below key technical and cost-basis levels. On-chain analytics from Glassnode show Bitcoin slipping below its True Market Mean. This level is often watched as a proxy for the average cost of actively traded coins. Once lost, this zone tends to flip from support into resistance. Short-term holder metrics also indicate a growing share of recent buyers now sitting on unrealised losses. This setup amplifies forced selling during fast declines.
Technically, analysts flag $60,000-$63,000 as the nearest major support band. There was an interim buying interest seen earlier around $68,000-$70,000. On the upside, former support near $73,000-$75,000 has turned into immediate resistance. A sustained move back above that zone would be needed to stabilise the tape. Any failure to hold above $60,000 could expose deeper downside toward realised-price levels closer to the mid-$50,000s.
Institutional flows have offered little comfort. Spot Bitcoin ETFs in the U.S. recorded heavy net outflows earlier in the week. February 4 alone saw withdrawals of roughly $545 million.
Macro dynamics remain firmly in charge. Markets are bracing for a cluster of delayed U.S. data releases next week, including the January jobs report (February 11) and CPI figures (February 13). Strong labour or inflation readings could push expectations for Federal Reserve rate cuts further out. If Treasury yields stay elevated and the dollar remains firm, it will be an unfriendly mix for crypto. Fed funds futures still price eventual easing later in 2026. However, traders appear unwilling to front-run that outcome amid sticky inflation signals.
Altcoins tracked Bitcoin lower. Ethereum fell to about $1,940, down nearly 10% on the day. BNB slid to $629 and XRP to $1.28. Both nursed double-digit weekly losses. Stablecoins held their pegs and underscored a clear shift toward capital preservation rather than rotation within risk.
Overall, the market tone reflects a classic risk-off phase. Liquidity is tightening, weak follow-through buying is evident, and macro uncertainty is dominating price action. Until ETF flows stabilise and U.S. macro data revive confidence around the Fed’s policy path, crypto prices are likely to remain under pressure.
Our advice: Investors should avoid leverage and watch the $60,000-$63,000 zone closely. A decisive hold or breakdown here will set the next directional cue. With key U.S. jobs and inflation data due on February 11 and 13, prudence lies in staggered positioning, disciplined risk management, and resisting the urge to chase short-term rebounds. BTC moves in cycles. Assess your risk-tolerance well and consider these lower price points a good time to accumulate BTC. Do not pump capital in. Use products like crypto SIPs to buy more.
- February 6, 2026 10:03
Industryupdate
Stock market live updates today: Markets in Overdrive: How Technology Powered India’s Big Trading Day
February 3 turned into one of the most frenetic trading sessions of the year for Indian markets. The India–US trade tariff announcement triggered an immediate shift in sentiment and within minutes, optimism translated into a surge of market activity.
The numbers captured the mood. Industry data shows total turnover across segments jumped to ₹5,66,219 crore on the day – more than 40% higher than the average daily turnover recorded in January 2026. The momentum carried into the next session as well, with the NSE reporting ₹3,45,935 crore in trading volumes on February 4.
For investors, such days represent opportunity. For brokerages and investing platforms, they represent a critical stress test.
Sudden bursts of optimism translate into millions of orders hitting brokerage systems almost simultaneously. Peak-hour spikes demand instant execution, real-time risk checks and uninterrupted uptime, all at once. In these moments, technology moves from being a background enabler to the single biggest determinant of user experience.
February 3 underscored just how demanding high-volatility sessions can be. While exchanges saw record participation, pockets of the broking ecosystem experienced intermittent technical issues, with users on some platforms reporting login delays and order execution challenges during the initial surge.
Such episodes have become an increasingly familiar reminder of how critical backend preparedness is in a market that now reacts to global headlines in real time.
The day highlighted a simple reality: in modern digital markets, infrastructure resilience matters as much as market insight.
Against this backdrop, platforms that have invested heavily in scalable architecture and redundancy found themselves better equipped to handle the spike.
Angel One reported steady performance through the session, attributing it to a combination of cloud-scale infrastructure, real-time monitoring systems and high-capacity risk management frameworks designed for extreme volumes.
In a LinkedIn post following the trading day, Ambarish Kenghe, Group CEO of Angel One, reflected on the demands such sessions place on technology.
“In moments like these, where every millisecond counts for our users, the underlying technology is what separates performance from promise. This is when the platform’s real resilience is put to the test,” Kenghe wrote.
- February 6, 2026 10:02
Commodities
Stock market live updates today: Crude oil futures traded higher on Friday morning despite de-escalation of tensions between Iran and US
Crude oil futures traded higher on Friday morning despite de-escalation of tensions between Iran and US as both countries are scheduled to hold talks later in the day. At 9.41 am on Friday, April Brent oil futures were at $67.89, up by 0.50 per cent, and March crude oil futures on WTI (West Texas Intermediate) were at $63.66, up by 0.58 per cent. February crude oil futures were trading at ₹5754 on Multi Commodity Exchange (MCX) during the initial hour of trading on Friday against the previous close of ₹5746, up by 0.14 per cent, and March futures were trading at ₹5752 against the previous close of ₹5737, up by 0.26 per cent.
- February 6, 2026 10:01
Industryupdate
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Researchbytes Events Update
As of 08:57 AM Friday 06 February 2026
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9:15 AM Data Patterns India
Dial: +91 22 6280 1557
Weblink: https://tinyurl.com/2h94hths
9:30 AM Kirloskar Brothers
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/mv2dz2ff
10:00 AM Suyog Tele
Weblink: https://tinyurl.com/yzc2fxh4
10:00 AM Automotive Axle
Dial: +91 22 6280 1222
Weblink: https://tinyurl.com/3n3kudtw
10:30 AM Hero Motocorp
Dial: +91 22 6280 1386
Weblink: https://tinyurl.com/mry6vr32
10:30 AM VRL Logistics
Dial: +91 22 6280 1524
Weblink: https://tinyurl.com/yxmybf77
11:00 AM Deep Industries
(Conference Transcript (Voice))
Dial: +91 22 6280 1297
Weblink: https://tinyurl.com/2nb6b23k
11:00 AM Updater Service
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/4dap6cre
11:30 AM Max Healthcare Institute
(Results, Investor/Analyst Presentation, Press Release )
Dial: +91 22 6280 1141
Weblink: https://tinyurl.com/2bx3rvr3
11:30 AM Archean Chemical
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/3jnn5ehs
11:30 AM IOC
Dial: +91 22 6280 1342
Weblink: https://tinyurl.com/2k2jrsbe
11:30 AM NCC
Dial: +91226280 1366
Weblink: https://tinyurl.com/48cusyff
12:00 PM Windlas Biotech Limited
Dial: +91 22 6280 1256
Weblink: https://tinyurl.com/4senpr7y
12:30 PM Krsnaa Diagnost
(Conference Transcript (Voice))
Dial: +91 22 6280 1143
Weblink: https://tinyurl.com/3w46mkbm
12:30 PM Indian Metals
Dial: +91 22 6280 1433
Weblink: https://tinyurl.com/2z27xvcv
12:45 PM KAYNES TECH
Dial: +91 22 6280 1145
Weblink: https://tinyurl.com/2wa9283k
1:00 PM Yatharth Hospitals
Dial: +91 22 6280 1123
Weblink: https://tinyurl.com/bdszkrcu
1:30 PM J Kumar Infra
Dial: +91 22 6280 1545
Weblink: https://tinyurl.com/yw9y7hhh
2:00 PM Sugs Lloyd Ltd
Dial: +91 22 6280 1296
Weblink: https://tinyurl.com/bd2hwwam
2:00 PM Pitti Engineeri
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/mt48fhr2
2:00 PM JM Financial
Dial: +91 22 6280 1377
Weblink: https://tinyurl.com/2puhrfbm
2:00 PM Veranda Learnin
(Conference Transcript (Voice))
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2:30 PM BHARTI HEXACOM
Weblink: https://tinyurl.com/3nkfkhv5
2:30 PM Bharti Airtel
Weblink: https://tinyurl.com/3nkfkhv5
2:30 PM Rishabh Instrum
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/23k6wffr
2:30 PM Suraksha Diagno
Dial: +91 22 6280 1550
Weblink: https://tinyurl.com/3m9xkad9
3:00 PM Shivalik Bimeta
Weblink: https://tinyurl.com/mpuhdvt6
3:00 PM Apeejay Surrendra Park Ho
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Weblink: https://tinyurl.com/2st9wc3y
3:00 PM KNR Construct
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3:30 PM CL Educate
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3:30 PM Allcargo
Dial: +91 22 6280 1138
Weblink: https://tinyurl.com/5baju8ph
3:30 PM Vishnu Chemical
Dial: +91 22 6280 1325
Weblink: https://tinyurl.com/3ftjbzj7
3:30 PM SOLARA ACTIVE P
Dial: +91 22 6280 1346
Weblink: https://tinyurl.com/3y2cvj5t
4:00 PM OnMobile Global
Weblink: https://tinyurl.com/4dy5juus
4:00 PM Repco
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4:00 PM Sai Life Sciences Limited
Dial: +91 22 6280 1107
Weblink: https://tinyurl.com/56bty48a
4:00 PM Gala Precision Engineering
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4:00 PM Va Tech Wabag
Dial: +91 22 6280 1102
Weblink: https://tinyurl.com/p47rucxa
4:00 PM Shilpa Antibiotics .
Dial: +91 22 6280 1130
Weblink: https://tinyurl.com/4asfr94v
4:00 PM Borosil .
Dial: +91 22 6280 1144
Weblink: https://tinyurl.com/36yueu2n
4:00 PM Thomas Cook
Dial: +91 22 6280 1297
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4:00 PM Aditya Birla F
Dial: +91 22 6280 1324
Weblink: https://tinyurl.com/mpfbv45a
4:00 PM Electrosteel
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Weblink: https://tinyurl.com/kacy2yjm
( Hosted by E & Y )
4:00 PM Poly Medicure
Dial: +91 22 6280 1368
Weblink: https://tinyurl.com/4k7dwvcy
4:00 PM Marksans Pharma
Dial: +91 22 6280 1384
Weblink: https://tinyurl.com/yufswbjm
4:00 PM Physicswallah
Dial: +91 22 6280 1483
Weblink: https://tinyurl.com/3bs26hpk
4:00 PM Elin Electronic
Dial: +91 86 34168898
Weblink: https://tinyurl.com/5462aar4
4:00 PM Rail Vikas
Dial: +91226280 1175
Weblink: https://tinyurl.com/36ra4e74
4:30 PM CG Consumer
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4:30 PM Capillary Techn
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4:30 PM Gateway Distri
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4:30 PM Snowman Logist
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4:30 PM Eveready
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4:30 PM Tarsons Product
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4:30 PM Sapphire Foods
Dial: +91 22 6280 1550
Weblink: https://tinyurl.com/4386zdvt
5:00 PM Shree Cement
Dial: +91 22 6280 1144
Weblink: https://tinyurl.com/y4s7d6fy
5:00 PM Jana Small Fin
Dial: +91 22 6280 1144
Weblink: https://tinyurl.com/58vujyun
5:00 PM Kalyan Jewellers
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/43vchfhk
5:00 PM Greaves Cotton
Dial: +91 22 6280 1488
Weblink: https://tinyurl.com/2hx4abtu
5:00 PM Cantabil Retail
Dial: +91 22 6280 1545
Weblink: https://tinyurl.com/2bk2k5pd
5:30 PM Sequent Scientific
Dial: +91 22 6280 1263
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6:00 PM Tata Steel
Weblink: https://tinyurl.com/48rf5wh4
6:00 PM BLS International Services
Dial: +91 22 6280 1148
Weblink: https://tinyurl.com/yff5rb43
6:00 PM GMM Pfaudler
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6:30 PM Sonata
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Veranda Learnin : (replay)
https://www.researchbytes.com/webcast.aspx?WID=353685
Krsnaa Diagnost : (replay)
https://www.researchbytes.com/webcast.aspx?WID=353515
Deep Industries : (replay)
https://www.researchbytes.com/webcast.aspx?WID=353506
Life Insurance Corpn Of I : (replay)
https://www.researchbytes.com/webcast.aspx?WID=353518
Berger Paints : (replay)
https://www.researchbytes.com/webcast.aspx?WID=353489
AAVAS Financier : (replay)
https://www.researchbytes.com/webcast.aspx?WID=354309
Standard Glass : (replay)
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Astral Poly Tec : (replay)
https://www.researchbytes.com/webcast.aspx?WID=354311
Hitachi Energy : (replay)
https://www.researchbytes.com/webcast.aspx?WID=354300
Varroc Engineer : (replay)
https://www.researchbytes.com/webcast.aspx?WID=354305
Results today …
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- February 6, 2026 09:59
Stock market live updates: Global Developments: Impact on India
1. Germany’s Zeitenwende & European Defense Boom
•Germany’s surge in defense procurement (€83bn in 2025) marks a structural shift toward sustained military spending in Europe.
•Impact on India:
o Positive medium-term opportunity for Indian defence exporters, especially in ammunition, artillery components, electronics, and sub-systems.
o Strengthens global demand for defence metals and specialty engineering—input cost pressure for Indian manufacturers.
o Reinforces geopolitical alignment of Europe with NATO, indirectly tightening defense technology transfer norms.
2. Argentina–U.S. Trade & Digital Agreement
• Argentina granting preferential access to U.S. goods and barring digital taxes signals deeper U.S. influence in Latin America.
• Impact on India:
o Sets a precedent against digital services taxes, which could increase future pressure on India’s digital taxation framework.
o Marginally negative for Indian IT firms competing with U.S. tech in Argentina.
o Highlights growing U.S. push for digital trade liberalization, relevant for India-U.S. negotiations.
3. Mexico Considering Fuel Supply to Cuba
• Mexico balancing humanitarian support to Cuba against risk of U.S. retaliation.
- Impact on India:
o Limited direct impact, but underscores U.S. sanctions risk premium in energy trade.
o Reinforces India’s cautious, diversified approach to sanctioned or politically sensitive energy corridors.
4. U.S. Labor Market Softening
• Job openings at lowest since Sept 2020; reinforces late-cycle slowdown narrative.
• Impact on India:
o Increases probability of U.S. rate cuts in 2026, supportive for:
Indian equities (FII inflows)
INR stability
IT and export-oriented sectors
o However, slower U.S. demand could temper IT revenue growth in the near term.
5. Bank of England: Hold with Dovish Split
• Close 5-4 vote suggests rate cuts possible if inflation cools.
• Impact on India:
o Supports global risk sentiment.
o Positive for Indian companies with UK exposure (IT, pharma, BFSI).
o Adds to global easing cycle narrative, indirectly easing RBI policy constraints.
6. European Central Bank: Policy Stability
• ECB holding rates steady and downplaying FX volatility.
• Impact on India:
o Reduces global financial volatility.
o Stable EUR supports Indian exporters to Europe.
o Limits sharp dollar appreciation, aiding INR stability.
7. China’s Warning on Open-Source AI Agent (OpenClaw)
• Cybersecurity risks flagged, but no outright ban.
• Impact on India:
o Reinforces regulatory scrutiny over AI tools, relevant for Indian IT and AI startups operating globally.
o Could benefit Indian firms offering cybersecurity, AI governance, and compliance solutions.
o Signals tighter tech oversight in China—neutral to mildly positive for India’s digital positioning.
8. Russia to Remain India’s Top Crude Supplier
• Continued Russian crude flows amid uncertainty on U.S.–India trade deal.
• Impact on India:
o Supports energy security and favourable crude pricing.
o Helps contain inflation and fiscal pressures.
o However, keeps India exposed to geopolitical and sanctions-related risks.
9. Imminent India–U.S. Trade Agreement (Phase 1)
• Expected tariff reduction on Indian exports from 50% to 18%.
• Impact on India:
o Strong positive for textiles, engineering goods, chemicals, gems & jewelry.
o Boosts export competitiveness and trade balance.
o Improves investor confidence ahead of FY26.
o Signals deepening strategic and economic alignment with the U.S.
10. Asia-Pacific Markets Weak; Global Tech Sell-Off
• Risk-off sentiment driven by tech correction and weak U.S. labor data.
• Impact on India:
o Near-term volatility in Indian equities, especially IT and global cyclicals.
o Domestic fundamentals and trade optimism may limit downside relative to peers.
o Favours selective rotation into defensives and domestic demand stories.
- February 6, 2026 09:49
Industryupdate
Stocks in Focus: Earnings Post Market Hours
Berger Paints Q3 (Cons, YoY)
Revenue up 0.3% at Rs 2,984 crore
EBITDA down 0.2% at Rs 471 crore
EBITDA Margin down 10 bps at 15.8%
Net Profit down 8.3% at Rs 271 crore
Nykaa Q3 (Cons, YoY)
Revenue up 26.7% at Rs 2,873 crore
EBITDA up 63.2% at Rs 230 crore
EBITDA Margin up 180 bps at 8.0%
Net Profit up 142.5% at Rs 63.3 crore
Nilkamal Q3 (Cons, YoY)
Revenue up 12.6% at Rs 962 crore
EBITDA up 41.3% at Rs 89.6 crore
EBITDA Margin up 190 bps at 9.3%
Net Profit up 17.6% at Rs 25.3 crore
Tata Motors PV Q3 (Cons, YoY)
Revenue down 25.8% at Rs 70,108 crore
EBITDA down 91.0% at Rs 941 crore
EBITDA Margin down 970 bps at 1.3%
Net Loss at Rs 3,486 crore versus Profit of Rs 5,406 crore
Astral Q3 (Cons, YoY)
Revenue up 10.3% at Rs 1,542 crore
EBITDA up 8.2% at Rs 238 crore
EBITDA Margin down 30 bps at 15.4%
Net Profit down 5.6% at Rs 108 crore
Bharti Airtel Q3 (Cons, QoQ)
Revenue up 3.5% at Rs 53,982 crore
EBITDA up 4.1% at Rs 30,783 crore
EBITDA Margin up 30 bps at 57.0% versus 56.7%
Net Profit down 2.4% at Rs 6,631 crore
LIC Q3 (Cons, YoY)
Net Premium Income up 17.4% at Rs 1.26 Lakh crore
Net Profit up 17.5% at Rs 12,930 crore
AUM up 8.0% at Rs 59.17 Lakh crore
Solvency Ratio up 17 bps at 2.19%
Bharti Hexacom Q3 (Standalone, QoQ)
Revenue up 1.8% at Rs 2,360 crore
EBITDA up 3.8% at Rs 1,254 crore
EBITDA Margin up 110 bps at 53.2%
Net Profit up 12.5% at Rs 474 crore
Data Patterns Q3 (Standalone, YoY)
Revenue up 47.9% at Rs 173 crore
EBITDA up 49.2% at Rs 80.6 crore
EBITDA Margin up 30 bps at 46.5%
Net Profit up 30.5% at Rs 58.3 crore
KNR Constructions Q3 (Cons, YoY)
Revenue down 12.4% at Rs 743 crore
EBITDA down 34.8% at Rs 167 crore
EBITDA Margin down 770 bps at 22.4%
Net Profit down 58.6% at Rs 103 crore
Hitachi Energy Q3 (Standalone, YoY)
Revenue up 28.5% at Rs 2,082 crore
EBITDA up 106.6% at Rs 345 crore
EBITDA Margin up 630 bps at 16.6%
Net Profit up 90.3% at Rs 261 crore
Aavas Financiers Q3 (Standalone, YoY)
Calculated NII up 18.0% at Rs 299 crore
Net Profit up 16.1% at Rs 170 crore
GNG Electronics Q3 (Cons, YoY)
Revenue up 40.3% at Rs 487 crore
EBITDA up 76.0% at Rs 54 crore
EBITDA Margin up 230 bps at 11.1%
Net Profit at Rs 38.7 crore
NCC Q3 (Cons, YoY)
Revenue down 8.9% at Rs 4,868 crore
EBITDA down 1.1% at Rs 436 crore
EBITDA Margin up 80 bps at 9.0%
Net Profit down 36.6% at Rs 122 crore
Kirloskar Brothers Q3 (Cons, YoY)
Revenue down 2.5% at Rs 1,116 crore
EBITDA down 14.5% at Rs 142 crore
EBITDA Margin down 180 bps at 12.7%
Net Profit down 15.4% at Rs 1.1 crore
JM Financial Q3 (Cons, QoQ)
Total Income up 7.8% at Rs 1,126 crore
Net Profit up 15.9% at Rs 313 crore
Mazagon Dock Shipbuilders Q3 (Cons, YoY)
Revenue up 14.6% at Rs 3,601 crore
EBITDA up 8.6% at Rs 887 crore
EBITDA Margin down 140 bps at 24.6%
Net Profit up 9.0% at Rs 880 crore
Eveready Industries Q3 (Cons, YoY)
Revenue up 10.1% at Rs 367 crore
EBITDA up 12.9% at Rs 33 crore
EBITDA Margin up 20 bps at 9.0%
Net Profit down 43.1% at Rs 7.5 crore
Shivalik Bimetal Q3 (Cons, QoQ)
Revenue down 2.3% at Rs 134 crore
EBITDA up 2.7% at Rs 32.2 crore
EBITDA Margin up 120 bps at 24.0%
Net Profit down 10.8% at Rs 22.2 crore
Gokul Agro Resources Q3 (Cons, YoY)
Revenue up 26.6% at Rs 6,314 crore
EBITDA up 15.6% at Rs 162 crore
EBITDA Margin down 20 bps at 2.6%
Net Profit up 7.7% at Rs 80.4 crore
Aditya Birla Fashion Q3 (Standalone, YoY)
Revenue up 0.2% at Rs 1,642 crore
EBITDA down 7.6% at Rs 242 crore
EBITDA Margin down 120 bps at 14.8%
Net Loss at Rs 61.6 crore versus Profit of Rs 28.1 crore
Kennametal India Q2 (Standalone, QoQ)
Revenue up 12.8% at Rs 334 crore
EBITDA down 15.0% at Rs 44.8 crore
EBITDA Margin down 440 bps at 13.4%
Net Profit down 22.3% at Rs 24.4 crore
JK Paper Q3 (Cons, YoY)
Revenue up 8.0% at Rs 1,763 crore
EBITDA up 5.8% at Rs 177 crore
EBITDA Margin down 20 bps at 10.1%
Net Profit down 58.1% at Rs 27.4 crore
Shree Renuka Sugars Q3 (Cons, YoY)
Revenue down 12.7% at Rs 2,273 crore
EBITDA up 569.1% at Rs 273 crore
EBITDA Margin up 1040 bps at 12.0%
Net Loss at Rs 38.3 crore versus Loss of Rs 203.6 crore
Kaynes Tech Q3 (Cons, YoY)
Revenue up 21.6% at Rs 804 crore
EBITDA up 26.9% at Rs 119 crore
EBITDA Margin up 60 bps at 14.8%
Net Profit up 15.4% at Rs 76.6 crore
Repco Home Finance Q3 (Cons, YoY)
Total Income up 2.7% at Rs 457 crore
Net Profit up 2.0% at Rs 115 crore
Shreeji Shipping Q3 (Cons, YoY)
Revenue up 30.0% at Rs 198 crore
EBITDA up 110.4% at Rs 56.4 crore
EBITDA Margin up 1090 bps at 28.5%
Net Profit up 135.5% at Rs 32.5 crore
Goodyear India Q3 (Standalone, YoY)
Revenue down 3.9% at Rs 607 crore
EBITDA up 77.3% at Rs 42.2 crore
EBITDA Margin up 310 bps at 6.9%
Net Profit up 158.9% at Rs 24.6 crore
Physicswallah Q3 (Cons, YoY)
Revenue up 33.7% at Rs 1,082 crore
EBITDA up 28.6% at Rs 236 crore
EBITDA Margin down 90 bps at 21.8%
Net Profit up 9.7% at Rs 101 crore
Healthcare Global Q3 (Cons, YoY)
Revenue up 13.3% at Rs 633 crore
EBITDA up 24.4% at Rs 110 crore
EBITDA Margin up 150 bps at 17.3%
Net Loss at Rs 9.4 crore versus Profit of Rs 7 crore
Krsnaa Diagnostics Q3 (Cons, YoY)
Revenue up 3.8% at Rs 181 crore
EBITDA up 2.9% at Rs 46.4 crore
EBITDA Margin down 30 bps at 25.6%
Net Profit down 21.6% at Rs 15.2 crore
SKF India Q3 (Cons, YoY)
Revenue down 54.1% at Rs 577 crore
EBITDA down 31.9% at Rs 82.4 crore
EBITDA Margin up 460 bps at 14.3%
Net Profit down 43.6% at Rs 62 crore
Kolte-Patil Developers Q3 (Cons, YoY)
Revenue down 24.1% at Rs 265 crore
EBITDA down 68.4% at Rs 8.1 crore
EBITDA Margin down 430 bps at 3.0%
Net Profit down 82.2% at Rs 4.5 crore
Viyash Scientific Q3 (Cons, YoY)
Revenue up 10.9% at Rs 858 crore
EBITDA up 76.3% at Rs 176 crore
EBITDA Margin up 760 bps at 20.5%
Net Profit down 13.8% at Rs 38.4 crore
Hero MotoCorp Q3 (Cons, YoY)
Revenue up 21.7% at Rs 12,487 crore
EBITDA up 22.5% at Rs 1,846 crore
EBITDA Margin up 10 bps at 14.8%
Net Profit up 14.4% at Rs 1,268 crore
Updater Services Q3 (Cons, YoY)
Revenue up 10.4% at Rs 767 crore
EBITDA down 55.1% at Rs 20.7 crore
EBITDA Margin down 390 bps at 2.7%
Net Profit down 70.4% at Rs 9.2 crore
- February 6, 2026 09:48
Stocks in Focus: Price Band Change
From 10% to 5%: Shreeji Shipping Global
From 20% to 5%: Genus Power Infrastructures
From 20% to 10%: Pokarna
- February 6, 2026 09:47
Stock market
Stocks in focus: SME Listing
CKK Retail Mart
Board Meeting
Kalpataru Ltd. – Fund Raising
IREDA – Fund Raising
Securities shortlisted in Short - Term ASM Framework Stage: ADF Foods, Avanti Feeds, Carysil, Gokaldas Exports, Garware Hi-Tech Films, Indo Count Industries, Pearl Global Industries, Ramco Systems, Suven Life Sciences
Securities to be excluded from ASM Framework: Kitex Garments
- February 6, 2026 09:46
Stock market
Stock market live updates: F&O Cues
Nifty Feb futures is down 0.50% at a premium of 77 points.
Nifty Options 10th Feb Expiry: Maximum Call OI at 27,000 and Maximum Put OI at 25,000.
Nifty PCR dropped to 0.81 compared to 1.07 in the previous session.
India VIX fell for the fourth consecutive session - down 0.69 percent to 12.17 and 19.39 percent for the week, which signalled comfort for bulls. A fall below all moving averages in the following sessions can bring stronger comfort for bulls and lower uncertainty.
- February 6, 2026 09:46
Stock market
Stock market live updates: Technically
Nifty formed a bearish candle with a lower shadow within the previous day’s range on the daily charts, signalling consolidation. The index closed marginally below the 50-day EMA but stayed well above all other key moving averages, with short-term moving averages (10 and 20 day EMA) trending upward. The momentum indicators continued to show a positive bias, with the MACD sustaining a bullish crossover and the histogram rising further. The RSI slipped slightly to 51.68 but remained above the reference line. All this indicates consolidation with a positive bias.
Bank Nifty also reported a bearish candle, following the small-bodied bullish candle of the previous session, but consistently maintained above the falling support trendline for the third straight session on a closing basis, indicating consolidation after Tuesday’s sharp run. The banking index held above all key moving averages, with short-term moving averages trending upward and positive momentum indicators. All this indicates consolidation with strength intact.
- February 6, 2026 09:45
Industryupdate
Stocks in Focus: Companies declaring results today
Ashiana Housing, BEML, BLS International Services, Bosch, Centum Electronics, CESC, Crompton Greaves Consumer Electricals, Prataap Snacks, Electrosteel Castings, Ethos, Fusion Finance, Ganesh Housing, Gateway Distriparks, GMM Pfaudler, Godawari Power and Ispat, Greaves Cotton, Grindwell Norton, G R Infraprojects, Gujarat Alkalies and Chemicals, HeidelbergCement India, JK Tyre & Industries, Jana Small Finance Bank, Jubilant Pharmova, Kalpataru, Kalyan Jewellers India, Krishna Institute of Medical Sciences, Lemon Tree Hotels, Medi Assist Healthcare Services, MRF, Paisalo Digital, Procter & Gamble Health, Prism Johnson, Ratnamani Metals & Tubes, Sanghvi Movers, Sapphire Foods India, Shipping Corporation of India, Sharda Motor Industries, Shilpa Medicare, S H Kelkar and Company, Shree Cement, Solara Active Pharma Sciences, Sonata Software, Star Cement, Baazar Style Retail, Sula Vineyards, Sun TV Network, Swan Corp, Tarsons Products, Tata Steel, Whirlpool of India
- February 6, 2026 09:45
Industryupdate
Stocks in Focus: Shares To Exit Anchor Lock-In
Sri Lotus Developers: 6 months share lock in, 79 mn shares,16% of total outstanding shares
Shanti Gold Int: 6 months share lock in, 0.02 mn shares, 0.02% of total outstanding shares
M & B Engineering: 6 months share lock in, 2 mn shares, 3% of total outstanding shares
Laxmi India Finance: 6 months share lock in, 25 mn shares, 48% of total outstanding shares
Dr. Agarwal’s Healthcare:1 yr share lock in, 36 mn shares, 12% of total outstanding shares
- February 6, 2026 09:44
Industryupdate
Stocks in Focus: Stocks to Watch
Cyient strengthens the leadership team with key appointments to accelerate technology-driven growth.
INDIGO informs that CCI has issued a prima facie order to initiate an investigation against them for creating an artificial shortage of seats.
Sarda Energy & Minerals informs that SECL has approved their arm’s request to terminate an agreement between them on account of unviability of the project due to change in mine boundary.
Firstsource Solution partners with Prosper AI to advance healthcare revenue cycle management with next-level voice AI capabilities.
Purvankara acquires balance 10.46% of SPAL, increasing its shareholding from 89.49% to 99.95%.
SJVN successfully achieves COD of 70 MW Dhubri Solar Power Project in Assam.
Embassy Developments voluntarily strikes-off its arm to simplify corporate structure & reduce unnecessary costs.
The Indian Hotels Company continues its growth momentum, reaching a portfolio of 615 hotels & a pipeline of 255 hotels.
Shivalik Bimetal Controls gives corporate guarantee worth Rs. 7 crore to its arm and proposes to add 40k assemblies per month/1 million busbar per month in its Pune plant with an investment of Rs. 20 crore.
Som Distilleries & Breweries clarifies that an action was taken by the Excise commissioner, MP on the basis of a 2012 case. The company acknowledges the suspension of the manufacturing unit license by the Excise Authorities.
Stallion India approves rights issue of 3.67 crore shares at a price of Rs. 99, fixes 11 Feb as the record date.
LTIMindtree has been recognized as a leader in Everest Group Payments IT services PEAK Matrix Assessment 2025.
Muthoot Finance approved the issuance & allotment of $600 million 5.75% Senior Secured Notes due 2030.
Avenue Supermarts opened 2 new stores in Karnataka & Haryana. The total number of stores on date stands at 447.
Windlas Biotech approves the dissolution of its arm in the USA.
Arvind Smartspaces adds a new residential high-rise project in Bengaluru with a top-line potential of Rs. 860 crore.
Marico has completed the 60% acquisition of Cosmix Wellness.
Physicswallah completes acquisition of Nextseed Foundation for Rs. 1 lakh & also approves to incorporate a subsidiary in India for hospitality services.
JK Paper will set up a hybrid power project for an estimated cost of Rs. 500 crore.
Hindustan Copper’s dispute with SEPC has now been resolved.
Aditya Birla Fashion & Retail approves merger of its arms Jaypore E-comm & TG apparel & Décor with itself.
IRB Infrastructure scheduled a board meeting on Feb 13 to mull bonus share issue.
Cipla informs that the GST department has initiated inspection at the company’s offices & facilities in Maharashtra.
Ashiana Housing acquires 8.83 acres of land in Raigad district.
Federal Bank - RBI has granted approval to Asia II TopCo XIII Pte to acquire an aggregate holding of up to 9.99 percent of the paid-up share capital or voting rights of Federal Bank.
UltraTech Cement announced the commissioning of an additional grinding capacity of 2.7 MTPA at its Aligarh unit in UP. With this commissioning, the total cement grinding capacity of the Aligarh unit now stands at 4.0 MTPA, increasing the company’s capacity in Uttar Pradesh to 13.1 MTPA.
With this addition, UltraTech’s total domestic grey cement manufacturing capacity stands at 191.36 MTPA. Along with its overseas capacity of 5.4 MTPA, the company’s global capacity now stands at 196.76 MTPA.
Unicommerce Esolutions : SuperYou, the consumer nutrition brand co-founded by Ranveer Singh and Nikunj Biyani, has partnered with Unicommerce to streamline its e-commerce and quick commerce operations. As part of the partnership, the brand has adopted Unicommerce’s flagship platform, Uniware, to manage orders and inventory across Q-com platforms, marketplaces, and its own D2C website.
- February 6, 2026 09:37
Industryupdate
Stocks in Focus: Securities in Ban For Trade Date 06-FEB-2026: 1. SAMMAANCAP
- February 6, 2026 09:36
Stock market
Stock market live updates today: Morning Updates :
Nifty Highest OI
(10th Feb Expiry)
Call:27000/Put: 25000
Nifty Spot - 25642
Nifty 50 EMA - 25677
Nifty 200 EMA - 25182
Nifty 100 PE 21.8
Nifty PCR - 0.79
NiftyCash Market Volume - 91k Cr
FII Index Long Futures decreased to 18% from 19%
S&P 500 : -1.23%
Brent futures : 67.9
Dollar Index : 97.9
USD INR. : 90.3
- February 6, 2026 09:35
Industryupdate
Stocks in Focus: IndiGrid Infrastructure Ltd (INDIGRID)- Offer for Sale
Issue Period:- 5- Feb-26 to 6- Feb-26
For Non- Retail ( QIB +HNI ) open & close date :- 5- Feb-26
For Retail open & close date – 6- Feb-26 (Today)
Floor Price: Rs “160.50”
Closing Price on date of announcement: Rs. 163.03\u0009
Current Market Price: Rs. 162.49
Base Issue size: 4.36 Crs Units – 4.58% of O/S Capital
Green Shoe Issue size: 2.65 Crs Units – 2.78% of O/S Capital
Total Issue Size: 7.01 Crs Units (Rs 1,124.95 Cr) – 7.36% of O/s Capital
Non-Retail Portion (QIB + HNI) - 90% of Offer Size - Bidding on :- 5- Feb-26
Total Issue Size: 6.3082 Crs Units (Rs 1,012.46 Cr)
Non- Retail Clearing Price: Rs 161.00.
Retail Portion - 10% of Offer Size - Bidding on 6- Feb-26 (Today)
Total Issue Size: 0.7009 Crs Units (Rs 112.50 Cr)
Note : Upto Rs 2 lacs bids are classified as Retail and above non retail ( QIB + HNI )
Note : Based on clearing price discovered for Non retail bids, the minimum price to bid for Retail portion will be Rs. 161.00
- February 6, 2026 09:34
Industryupdate
Stocks in Focus: ACE Result Update_Q3FY26_Target Rs._1,241
Company Name: Action Construction Equipment Ltd (ACE)
Sector: Construction Vehicles
Recommendation: BUY
Reco. Price: Rs. 898
Target: Rs. 1,241
Potential upside: 38%
Holding: 18 months
Q3FY26_Result Update
ACE Delivers Strong Q3FY26 Sequential Recovery; Margin Expansion and Product Mix Offset High Base Impact
Action Construction Equipment (ACE) Limited reported a resilient financial performance in Q3FY26, marked by a strong sequential recovery despite a high base effect weighing on YoY comparisons. Consolidated Total income stood at Rs. 890.4 Crs, reflecting a 15.1% QoQ increase, while declining marginally by 1.6% YoY. The YoY revenue contraction was largely attributable to exceptional pre-buying activity in Q3FY25 ahead of the CEV 5 emission norm transition. In contrast, the healthy sequential growth underscores market normalization following the temporary demand softness post-transition.
EBITDA rose to Rs. 165.5 Crs, with margins expanding to 18.59% (+35 bps YoY and +71 bps QoQ). Profit After Tax (PAT) increased by 29.2% QoQ to Rs. 116.4 Crs, translating into a PAT margin of 13.07%, up 142 bps sequentially.
The Cranes and Construction Equipment segment continued to demonstrate market leadership with margins of ~20%, while the Agricultural Equipment segment witnessed a sharp improvement in realizations, supported by ACE’s emergence as the second-largest player in track harvesters. Reported margins were partially impacted by a one-time provision of Rs. 6.4 Crs toward gratuity and compensated absences in line with the New Labour Codes; excluding this charge, operational efficiency would have appeared even stronger. Backed by a debt-free balance sheet, a defense order book of ~Rs. 500 Crs, and installed manufacturing capacity capable of supporting Rs. 5,500–6,000 Crs in revenues, ACE remains well positioned to benefit from the continued infrastructure and manufacturing push outlined in the Union Budget.
- February 6, 2026 09:24
Stock market live updates today: Bitcoin plunges to near $60,000 as investors flee risky bets
Bitcoin made a 16-month low and tested key $60,000 support on Friday, as a global selloff in technology stocks deepened and washed out risky bets across asset classes.
- February 6, 2026 09:04
Industryupdate
Stocks in Focus: Results at a Glance_February 05, 2026
Bharti Airtel Ltd. (C)
Net Revenue at Rs. 53981.6 cr. Vs. Rs. 45129.3 cr. YoY, Rs. 52145.4 cr. QoQ.
EBITDA at Rs. 30782.8 cr. Vs. Rs. 24596.6 cr. YoY, Rs. 29561.4 cr. QoQ.
EBITDA Margin at 57.0% Vs. 54.5% YoY, 56.7% QoQ
Net Profit at Rs. 8502.8 cr. Vs. Rs. 16134.6 cr. YoY, Rs. 8650.8 cr. QoQ.
Indian Oil Corporation Ltd. (C)
Net Revenue at Rs. 236257.2 cr. Vs. Rs. 219522.4 cr. YoY, Rs. 206447.1 cr. QoQ.
EBITDA at Rs. 22745.4 cr. Vs. Rs. 7572.7 cr. YoY, Rs. 16245.0 cr. QoQ.
EBITDA Margin at 9.6% Vs. 3.4% YoY, 7.9% QoQ
Net Profit at Rs. 13502.3 cr. Vs. Rs. 2147.4 cr. YoY, Rs. 8190.9 cr. QoQ.
Ashika
Tata Motors Passenger Vehicles Ltd. (C)
Net Revenue at Rs. 70108.0 cr. Vs. Rs. 94472.0 cr. YoY, Rs. 72349.0 cr. QoQ.
EBITDA at Rs. 879.0 cr. Vs. Rs. 10417.0 cr. YoY, Rs. -1404.0 cr. QoQ.
EBITDA Margin at 1.3% Vs. 11.0% YoY, -1.9% QoQ
Net Profit at Rs. -3483.0 cr. Vs. Rs. 4164.0 cr. YoY, Rs. -6368.0 cr. QoQ.
Power Finance Corporation Ltd. (C)
NII at Rs. 11522.7 cr. Vs. Rs. 10238.5 cr. YoY, Rs. 11576.0 cr. QoQ.
Net Profit at Rs. 8211.9 cr. Vs. Rs. 7759.6 cr. YoY, Rs. 7834.4 cr. QoQ.
Ashika
Max Healthcare Institute Ltd. (C)
Net Revenue at Rs. 2067.5 cr. Vs. Rs. 1868.3 cr. YoY, Rs. 2135.5 cr. QoQ.
EBITDA at Rs. 538.3 cr. Vs. Rs. 499.1 cr. YoY, Rs. 575.2 cr. QoQ.
EBITDA Margin at 26.0% Vs. 26.7% YoY, 26.9% QoQ
Net Profit at Rs. 300.9 cr. Vs. Rs. 238.8 cr. YoY, Rs. 491.3 cr. QoQ.
Bharti Hexacom Ltd. (S)
Net Revenue at Rs. 2359.8 cr. Vs. Rs. 2250.7 cr. YoY, Rs. 2317.3 cr. QoQ.
EBITDA at Rs. 1254.4 cr. Vs. Rs. 1151.7 cr. YoY, Rs. 1208.1 cr. QoQ.
EBITDA Margin at 53.2% Vs. 51.2% YoY, 52.1% QoQ
Net Profit at Rs. 473.7 cr. Vs. Rs. 260.9 cr. YoY, Rs. 421.2 cr. QoQ.
Ashika
Rail Vikas Nigam Ltd. (C)
Net Revenue at Rs. 4684.5 cr. Vs. Rs. 4567.4 cr. YoY, Rs. 5123.0 cr. QoQ.
EBITDA at Rs. 220.7 cr. Vs. Rs. 239.3 cr. YoY, Rs. 216.9 cr. QoQ.
EBITDA Margin at 4.7% Vs. 5.2% YoY, 4.2% QoQ
Net Profit at Rs. 324.1 cr. Vs. Rs. 311.6 cr. YoY, Rs. 230.5 cr. QoQ.
UNO Minda Ltd. (C)
Net Revenue at Rs. 5018.1 cr. Vs. Rs. 4184.0 cr. YoY, Rs. 4814.0 cr. QoQ.
EBITDA at Rs. 553.5 cr. Vs. Rs. 457.0 cr. YoY, Rs. 551.8 cr. QoQ.
EBITDA Margin at 11.0% Vs. 10.9% YoY, 11.5% QoQ
Net Profit at Rs. 300.5 cr. Vs. Rs. 254.4 cr. YoY, Rs. 322.8 cr. QoQ.
Ashika
FSN E-Commerce Ventures Ltd. (C)
Net Revenue at Rs. 2873.3 cr. Vs. Rs. 2267.2 cr. YoY, Rs. 2346.0 cr. QoQ.
EBITDA at Rs. 229.8 cr. Vs. Rs. 140.8 cr. YoY, Rs. 159.0 cr. QoQ.
EBITDA Margin at 8.0% Vs. 6.2% YoY, 6.8% QoQ
Net Profit at Rs. 67.7 cr. Vs. Rs. 26.4 cr. YoY, Rs. 33.0 cr. QoQ.
Suzlon Energy Ltd. (C)
Net Revenue at Rs. 4236.1 cr. Vs. Rs. 2974.8 cr. YoY, Rs. 3870.8 cr. QoQ.
EBITDA at Rs. 738.5 cr. Vs. Rs. 499.5 cr. YoY, Rs. 720.8 cr. QoQ.
EBITDA Margin at 17.4% Vs. 16.8% YoY, 18.6% QoQ
Net Profit at Rs. 445.3 cr. Vs. Rs. 387.8 cr. YoY, Rs. 1279.4 cr. QoQ.
Ashika
Godrej Properties Ltd. (C)
Net Revenue at Rs. 498.4 cr. Vs. Rs. 968.9 cr. YoY, Rs. 740.4 cr. QoQ.
EBITDA at Rs. -182.7 cr. Vs. Rs. 27.6 cr. YoY, Rs. -512.7 cr. QoQ.
EBITDA Margin at -36.7% Vs. 2.8% YoY, -69.3% QoQ
Net Profit at Rs. 193.9 cr. Vs. Rs. 158.2 cr. YoY, Rs. 403.0 cr. QoQ.
Berger Paints India Ltd. (C)
Net Revenue at Rs. 2984.0 cr. Vs. Rs. 2975.1 cr. YoY, Rs. 2827.5 cr. QoQ.
EBITDA at Rs. 471.0 cr. Vs. Rs. 471.7 cr. YoY, Rs. 352.3 cr. QoQ.
EBITDA Margin at 15.8% Vs. 15.9% YoY, 12.5% QoQ
Net Profit at Rs. 271.4 cr. Vs. Rs. 296.0 cr. YoY, Rs. 206.4 cr. QoQ.
Ashika
Hindustan Copper Ltd. (C)
Net Revenue at Rs. 687.3 cr. Vs. Rs. 327.8 cr. YoY, Rs. 718.0 cr. QoQ.
EBITDA at Rs. 244.5 cr. Vs. Rs. 107.6 cr. YoY, Rs. 282.1 cr. QoQ.
EBITDA Margin at 35.6% Vs. 32.8% YoY, 39.3% QoQ
Net Profit at Rs. 156.2 cr. Vs. Rs. 62.9 cr. YoY, Rs. 183.8 cr. QoQ.
Page Industries Ltd. (S)
Net Revenue at Rs. 1386.8 cr. Vs. Rs. 1313.1 cr. YoY, Rs. 1290.9 cr. QoQ.
EBITDA at Rs. 318.1 cr. Vs. Rs. 302.5 cr. YoY, Rs. 279.5 cr. QoQ.
EBITDA Margin at 22.9% Vs. 23.0% YoY, 21.7% QoQ
Net Profit at Rs. 189.5 cr. Vs. Rs. 204.7 cr. YoY, Rs. 194.8 cr. QoQ.
Ashika
Astral Ltd. (C)
Net Revenue at Rs. 1541.5 cr. Vs. Rs. 1397.0 cr. YoY, Rs. 1577.4 cr. QoQ.
EBITDA at Rs. 237.3 cr. Vs. Rs. 219.5 cr. YoY, Rs. 256.8 cr. QoQ.
EBITDA Margin at 15.4% Vs. 15.7% YoY, 16.3% QoQ
Net Profit at Rs. 107.7 cr. Vs. Rs. 112.6 cr. YoY, Rs. 134.8 cr. QoQ.
Anthem Biosciences Ltd. (C)
Net Revenue at Rs. 423.2 cr. Vs. Rs. 497.8 cr. YoY, Rs. 550.0 cr. QoQ.
EBITDA at Rs. 157.2 cr. Vs. Rs. 159.5 cr. YoY, Rs. 217.9 cr. QoQ.
EBITDA Margin at 37.1% Vs. 32.0% YoY, 39.6% QoQ
Net Profit at Rs. 92.8 cr. Vs. Rs. 124.3 cr. YoY, Rs. 173.4 cr. QoQ.
Ashika
Poly Medicure Ltd. (C)
Net Revenue at Rs. 493.7 cr. Vs. Rs. 424.2 cr. YoY, Rs. 443.9 cr. QoQ.
EBITDA at Rs. 111.2 cr. Vs. Rs. 114.4 cr. YoY, Rs. 114.7 cr. QoQ.
EBITDA Margin at 22.5% Vs. 27.0% YoY, 25.8% QoQ
Net Profit at Rs. 70.8 cr. Vs. Rs. 85.2 cr. YoY, Rs. 91.8 cr. QoQ.
Alembic Pharmaceuticals Ltd. (C)
Net Revenue at Rs. 1876.3 cr. Vs. Rs. 1692.7 cr. YoY, Rs. 1910.2 cr. QoQ.
EBITDA at Rs. 293.5 cr. Vs. Rs. 260.2 cr. YoY, Rs. 315.7 cr. QoQ.
EBITDA Margin at 15.6% Vs. 15.4% YoY, 16.5% QoQ
Net Profit at Rs. 132.0 cr. Vs. Rs. 137.7 cr. YoY, Rs. 183.7 cr. QoQ.
Ashika
Nava Ltd. (C)
Net Revenue at Rs. 991.1 cr. Vs. Rs. 842.5 cr. YoY, Rs. 963.7 cr. QoQ.
EBITDA at Rs. 442.6 cr. Vs. Rs. 449.8 cr. YoY, Rs. 315.3 cr. QoQ.
EBITDA Margin at 44.7% Vs. 53.4% YoY, 32.7% QoQ
Net Profit at Rs. 326.1 cr. Vs. Rs. 356.4 cr. YoY, Rs. 177.9 cr. QoQ.
Data Patterns (India) Ltd. (C)
Net Revenue at Rs. 173.1 cr. Vs. Rs. 117.0 cr. YoY, Rs. 307.5 cr. QoQ.
EBITDA at Rs. 80.6 cr. Vs. Rs. 54.0 cr. YoY, Rs. 68.5 cr. QoQ.
EBITDA Margin at 46.5% Vs. 46.2% YoY, 22.3% QoQ
Net Profit at Rs. 58.3 cr. Vs. Rs. 44.7 cr. YoY, Rs. 49.2 cr. QoQ.
Ashika
Minda Corporation Ltd. (C)
Net Revenue at Rs. 1560.3 cr. Vs. Rs. 1252.6 cr. YoY, Rs. 1535.4 cr. QoQ.
EBITDA at Rs. 183.5 cr. Vs. Rs. 143.6 cr. YoY, Rs. 177.9 cr. QoQ.
EBITDA Margin at 11.8% Vs. 11.5% YoY, 11.6% QoQ
Net Profit at Rs. 84.3 cr. Vs. Rs. 64.8 cr. YoY, Rs. 84.6 cr. QoQ.
Caplin Point Laboratories Ltd. (C)
Net Revenue at Rs. 542.8 cr. Vs. Rs. 493.0 cr. YoY, Rs. 534.0 cr. QoQ.
EBITDA at Rs. 189.7 cr. Vs. Rs. 162.3 cr. YoY, Rs. 189.2 cr. QoQ.
EBITDA Margin at 34.9% Vs. 32.9% YoY, 35.4% QoQ
Net Profit at Rs. 165.9 cr. Vs. Rs. 140.1 cr. YoY, Rs. 160.2 cr. QoQ.
Ashika
Kirloskar Brothers Ltd. (C)
Net Revenue at Rs. 1116.2 cr. Vs. Rs. 1144.2 cr. YoY, Rs. 1027.7 cr. QoQ.
EBITDA at Rs. 141.8 cr. Vs. Rs. 165.9 cr. YoY, Rs. 108.4 cr. QoQ.
EBITDA Margin at 12.7% Vs. 14.5% YoY, 10.5% QoQ
Net Profit at Rs. 125.4 cr. Vs. Rs. 118.5 cr. YoY, Rs. 72.2 cr. QoQ.
BlackBuck Ltd. (C)
Net Revenue at Rs. 171.8 cr. Vs. Rs. 114.0 cr. YoY, Rs. 151.1 cr. QoQ.
EBITDA at Rs. 44.8 cr. Vs. Rs. 30.0 cr. YoY, Rs. 36.5 cr. QoQ.
EBITDA Margin at 26.1% Vs. 26.3% YoY, 24.2% QoQ
Net Profit at Rs. 31.7 cr. Vs. Rs. -48.0 cr. YoY, Rs. 29.2 cr. QoQ.
Ashika
Aavas Financiers Ltd. (S)
NII at Rs. 399.7 cr. Vs. Rs. 338.0 cr. YoY, Rs. 391.5 cr. QoQ.
Net Profit at Rs. 170.0 cr. Vs. Rs. 146.4 cr. YoY, Rs. 163.9 cr. QoQ.
NCC Ltd. (C)
Net Revenue at Rs. 4868.3 cr. Vs. Rs. 5344.5 cr. YoY, Rs. 4543.0 cr. QoQ.
EBITDA at Rs. 436.2 cr. Vs. Rs. 440.9 cr. YoY, Rs. 393.3 cr. QoQ.
EBITDA Margin at 9.0% Vs. 8.2% YoY, 8.7% QoQ
Net Profit at Rs. 135.2 cr. Vs. Rs. 205.9 cr. YoY, Rs. 167.3 cr. QoQ.
Ashika
PVR Inox Ltd. (C)
Net Revenue at Rs. 1879.8 cr. Vs. Rs. 1717.3 cr. YoY, Rs. 1823.0 cr. QoQ.
EBITDA at Rs. 622.3 cr. Vs. Rs. 527.7 cr. YoY, Rs. 611.7 cr. QoQ.
EBITDA Margin at 33.1% Vs. 30.7% YoY, 33.6% QoQ
Net Profit at Rs. 95.4 cr. Vs. Rs. 35.5 cr. YoY, Rs. 105.5 cr. QoQ.
Varroc Engineering Ltd. (C)
Net Revenue at Rs. 2287.5 cr. Vs. Rs. 2075.3 cr. YoY, Rs. 2207.3 cr. QoQ.
EBITDA at Rs. 209.9 cr. Vs. Rs. 185.8 cr. YoY, Rs. 201.8 cr. QoQ.
EBITDA Margin at 9.2% Vs. 9.0% YoY, 9.1% QoQ
Net Profit at Rs. -11.3 cr. Vs. Rs. -45.2 cr. YoY, Rs. 63.3 cr. QoQ.
Ashika
Kama Holdings Ltd. (C)
Net Revenue at Rs. 3743.3 cr. Vs. Rs. 3525.5 cr. YoY, Rs. 3672.2 cr. QoQ.
EBITDA at Rs. 795.0 cr. Vs. Rs. 640.9 cr. YoY, Rs. 792.0 cr. QoQ.
EBITDA Margin at 21.2% Vs. 18.2% YoY, 21.6% QoQ
Net Profit at Rs. 433.8 cr. Vs. Rs. 272.2 cr. YoY, Rs. 390.3 cr. QoQ.
Marksans Pharma Ltd. (C)
Net Revenue at Rs. 754.4 cr. Vs. Rs. 681.8 cr. YoY, Rs. 720.4 cr. QoQ.
EBITDA at Rs. 160.7 cr. Vs. Rs. 130.5 cr. YoY, Rs. 144.5 cr. QoQ.
EBITDA Margin at 21.3% Vs. 19.1% YoY, 20.1% QoQ
Net Profit at Rs. 113.7 cr. Vs. Rs. 105.1 cr. YoY, Rs. 99.1 cr. QoQ.
Ashika
Indian Metals & Ferro Alloys Ltd. (C)
Net Revenue at Rs. 702.8 cr. Vs. Rs. 643.2 cr. YoY, Rs. 718.7 cr. QoQ.
EBITDA at Rs. 164.3 cr. Vs. Rs. 128.2 cr. YoY, Rs. 138.3 cr. QoQ.
EBITDA Margin at 23.4% Vs. 19.9% YoY, 19.2% QoQ
Net Profit at Rs. 131.5 cr. Vs. Rs. 93.4 cr. YoY, Rs. 97.6 cr. QoQ.
Voltamp Transformers Ltd. (S)
Net Revenue at Rs. 630.3 cr. Vs. Rs. 483.5 cr. YoY, Rs. 482.6 cr. QoQ.
EBITDA at Rs. 107.7 cr. Vs. Rs. 99.0 cr. YoY, Rs. 93.6 cr. QoQ.
EBITDA Margin at 17.1% Vs. 20.5% YoY, 19.4% QoQ
Net Profit at Rs. 99.1 cr. Vs. Rs. 73.4 cr. YoY, Rs. 78.9 cr. QoQ.
Ashika
Thomas Cook (India) Ltd. (C)
Net Revenue at Rs. 2145.7 cr. Vs. Rs. 2061.0 cr. YoY, Rs. 2073.8 cr. QoQ.
EBITDA at Rs. 114.5 cr. Vs. Rs. 115.8 cr. YoY, Rs. 108.2 cr. QoQ.
EBITDA Margin at 5.3% Vs. 5.6% YoY, 5.2% QoQ
Net Profit at Rs. 45.5 cr. Vs. Rs. 47.3 cr. YoY, Rs. 70.8 cr. QoQ.
FDC Ltd. (C)
Net Revenue at Rs. 464.7 cr. Vs. Rs. 464.1 cr. YoY, Rs. 473.0 cr. QoQ.
EBITDA at Rs. 52.3 cr. Vs. Rs. 46.7 cr. YoY, Rs. 33.8 cr. QoQ.
EBITDA Margin at 11.2% Vs. 10.1% YoY, 7.1% QoQ
Net Profit at Rs. 28.3 cr. Vs. Rs. 37.0 cr. YoY, Rs. 28.4 cr. QoQ.
Ashika
Yatharth Hospital & Trauma Care Services Ltd. (C)
Net Revenue at Rs. 320.5 cr. Vs. Rs. 219.2 cr. YoY, Rs. 279.4 cr. QoQ.
EBITDA at Rs. 74.2 cr. Vs. Rs. 54.9 cr. YoY, Rs. 64.5 cr. QoQ.
EBITDA Margin at 23.2% Vs. 25.1% YoY, 23.1% QoQ
Net Profit at Rs. 43.1 cr. Vs. Rs. 30.5 cr. YoY, Rs. 41.3 cr. QoQ.
Shreeji Shipping Global Ltd. (C)
Net Revenue at Rs. 197.9 cr. Vs. Rs. 152.2 cr. YoY, Rs. 162.2 cr. QoQ.
EBITDA at Rs. 56.4 cr. Vs. Rs. 26.9 cr. YoY, Rs. 53.1 cr. QoQ.
EBITDA Margin at 28.5% Vs. 17.6% YoY, 32.7% QoQ
Net Profit at Rs. 32.5 cr. Vs. Rs. 13.8 cr. YoY, Rs. 42.7 cr. QoQ.
Ashika
Dhanuka Agritech Ltd. (S)
Net Revenue at Rs. 409.9 cr. Vs. Rs. 445.3 cr. YoY, Rs. 598.2 cr. QoQ.
EBITDA at Rs. 58.7 cr. Vs. Rs. 75.6 cr. YoY, Rs. 136.7 cr. QoQ.
EBITDA Margin at 14.3% Vs. 17.0% YoY, 22.9% QoQ
Net Profit at Rs. 40.0 cr. Vs. Rs. 55.0 cr. YoY, Rs. 94.0 cr. QoQ.
Gujarat Themis Biosyn Ltd. (S)
Net Revenue at Rs. 43.4 cr. Vs. Rs. 39.5 cr. YoY, Rs. 42.3 cr. QoQ.
EBITDA at Rs. 21.3 cr. Vs. Rs. 18.9 cr. YoY, Rs. 20.9 cr. QoQ.
EBITDA Margin at 49.1% Vs. 47.7% YoY, 49.5% QoQ
Net Profit at Rs. 12.5 cr. Vs. Rs. 13.0 cr. YoY, Rs. 14.3 cr. QoQ.
Ashika
VRL Logistics Ltd. (S)
Net Revenue at Rs. 827.0 cr. Vs. Rs. 825.2 cr. YoY, Rs. 797.0 cr. QoQ.
EBITDA at Rs. 170.0 cr. Vs. Rs. 166.4 cr. YoY, Rs. 151.1 cr. QoQ.
EBITDA Margin at 20.6% Vs. 20.2% YoY, 19.0% QoQ
Net Profit at Rs. 64.8 cr. Vs. Rs. 59.4 cr. YoY, Rs. 49.9 cr. QoQ.
J Kumar Infraprojects Ltd. (C)
Net Revenue at Rs. 1311.2 cr. Vs. Rs. 1486.9 cr. YoY, Rs. 1342.5 cr. QoQ.
EBITDA at Rs. 187.9 cr. Vs. Rs. 218.6 cr. YoY, Rs. 194.6 cr. QoQ.
EBITDA Margin at 14.3% Vs. 14.7% YoY, 14.5% QoQ
Net Profit at Rs. 82.6 cr. Vs. Rs. 100.0 cr. YoY, Rs. 90.6 cr. QoQ.
Ashika
KNR Constructions Ltd. (C)
Net Revenue at Rs. 743.2 cr. Vs. Rs. 848.1 cr. YoY, Rs. 646.5 cr. QoQ.
EBITDA at Rs. 166.7 cr. Vs. Rs. 255.6 cr. YoY, Rs. 192.6 cr. QoQ.
EBITDA Margin at 22.4% Vs. 30.1% YoY, 29.8% QoQ
Net Profit at Rs. 102.7 cr. Vs. Rs. 248.3 cr. YoY, Rs. 104.6 cr. QoQ.
GNG Electronics Ltd. (C)
Net Revenue at Rs. 487.2 cr. Vs. Rs. 347.4 cr. YoY, Rs. 439.9 cr. QoQ.
EBITDA at Rs. 54.0 cr. Vs. Rs. 30.7 cr. YoY, Rs. 46.5 cr. QoQ.
EBITDA Margin at 11.1% Vs. 8.8% YoY, 10.6% QoQ
Net Profit at Rs. 38.7 cr. Vs. Rs. 19.1 cr. YoY, Rs. 32.7 cr. QoQ.
Ashika
Harsha Engineers International Ltd. (C)
Net Revenue at Rs. 409.3 cr. Vs. Rs. 338.9 cr. YoY, Rs. 378.3 cr. QoQ.
EBITDA at Rs. 57.3 cr. Vs. Rs. 42.8 cr. YoY, Rs. 53.5 cr. QoQ.
EBITDA Margin at 14.0% Vs. 12.6% YoY, 14.1% QoQ
Net Profit at Rs. 33.6 cr. Vs. Rs. 26.7 cr. YoY, Rs. 36.4 cr. QoQ.
Borosil Ltd. (C)
Net Revenue at Rs. 338.7 cr. Vs. Rs. 338.1 cr. YoY, Rs. 340.4 cr. QoQ.
EBITDA at Rs. 52.9 cr. Vs. Rs. 54.4 cr. YoY, Rs. 48.3 cr. QoQ.
EBITDA Margin at 15.6% Vs. 16.1% YoY, 14.2% QoQ
Net Profit at Rs. 24.0 cr. Vs. Rs. 35.5 cr. YoY, Rs. 22.7 cr. QoQ.
Ashika
Unichem Laboratories Ltd. (C)
Net Revenue at Rs. 521.2 cr. Vs. Rs. 533.1 cr. YoY, Rs. 579.0 cr. QoQ.
EBITDA at Rs. 44.8 cr. Vs. Rs. 85.5 cr. YoY, Rs. 66.2 cr. QoQ.
EBITDA Margin at 8.6% Vs. 16.0% YoY, 11.4% QoQ
Net Profit at Rs. 264.3 cr. Vs. Rs. 57.9 cr. YoY, Rs. -11.9 cr. QoQ.
Standard Engineering Technology Ltd. (C)
Net Revenue at Rs. 191.6 cr. Vs. Rs. 140.1 cr. YoY, Rs. 182.8 cr. QoQ.
EBITDA at Rs. 29.2 cr. Vs. Rs. 26.0 cr. YoY, Rs. 28.6 cr. QoQ.
EBITDA Margin at 15.3% Vs. 18.5% YoY, 15.7% QoQ
Net Profit at Rs. 20.4 cr. Vs. Rs. 15.9 cr. YoY, Rs. 20.4 cr. QoQ.
Deep Industries Ltd. (C)
Net Revenue at Rs. 221.5 cr. Vs. Rs. 154.8 cr. YoY, Rs. 221.0 cr. QoQ.
EBITDA at Rs. 100.2 cr. Vs. Rs. 66.7 cr. YoY, Rs. 91.6 cr. QoQ.
EBITDA Margin at 45.2% Vs. 43.1% YoY, 41.4% QoQ
Net Profit at Rs. 71.4 cr. Vs. Rs. 47.6 cr. YoY, Rs. 71.2 cr. QoQ.
Ashika
Imagicaaworld Entertainment Ltd. (C)
Net Revenue at Rs. 92.1 cr. Vs. Rs. 91.9 cr. YoY, Rs. 41.8 cr. QoQ.
EBITDA at Rs. 22.2 cr. Vs. Rs. 29.6 cr. YoY, Rs. -9.1 cr. QoQ.
EBITDA Margin at 24.1% Vs. 32.2% YoY, -21.8% QoQ
Net Profit at Rs. -5.2 cr. Vs. Rs. 3.2 cr. YoY, Rs. -38.9 cr. QoQ.
Dredging Corporation Of India Ltd. (S)
Net Revenue at Rs. 276.1 cr. Vs. Rs. 324.4 cr. YoY, Rs. 211.8 cr. QoQ.
EBITDA at Rs. 32.9 cr. Vs. Rs. 52.3 cr. YoY, Rs. 24.9 cr. QoQ.
EBITDA Margin at 11.9% Vs. 16.1% YoY, 11.8% QoQ
Net Profit at Rs. -24.6 cr. Vs. Rs. 16.1 cr. YoY, Rs. -34.2 cr. QoQ.
Ashika
Venus Pipes & Tubes Ltd. (S)
Net Revenue at Rs. 296.7 cr. Vs. Rs. 231.3 cr. YoY, Rs. 291.5 cr. QoQ.
EBITDA at Rs. 48.9 cr. Vs. Rs. 37.1 cr. YoY, Rs. 47.5 cr. QoQ.
EBITDA Margin at 16.5% Vs. 16.0% YoY, 16.3% QoQ
Net Profit at Rs. 25.6 cr. Vs. Rs. 18.0 cr. YoY, Rs. 26.1 cr. QoQ.
Nilkamal Ltd. (C)
Net Revenue at Rs. 962.0 cr. Vs. Rs. 854.3 cr. YoY, Rs. 967.7 cr. QoQ.
EBITDA at Rs. 89.6 cr. Vs. Rs. 63.4 cr. YoY, Rs. 85.3 cr. QoQ.
EBITDA Margin at 9.3% Vs. 7.4% YoY, 8.8% QoQ
Net Profit at Rs. 25.4 cr. Vs. Rs. 21.6 cr. YoY, Rs. 33.7 cr. QoQ.
Bajel Projects Ltd. (C)
Net Revenue at Rs. 562.3 cr. Vs. Rs. 622.4 cr. YoY, Rs. 613.8 cr. QoQ.
EBITDA at Rs. 27.2 cr. Vs. Rs. 14.6 cr. YoY, Rs. 22.8 cr. QoQ.
EBITDA Margin at 4.8% Vs. 2.4% YoY, 3.7% QoQ
Net Profit at Rs. -0.4 cr. Vs. Rs. 1.5 cr. YoY, Rs. 3.6 cr. QoQ.
- February 6, 2026 09:02
Industryupdate
Stocks in focus: PVR INOX
PVR INOX posted Q3FY26 revenue (up 10% YoY)/EBITDA (up 18% YoY), beating our estimates by 4%/6%. ATP of INR293 (all-time high) and SPH of INR146 both grew ~4% YoY. ATP/SPH are likely to grow 3.5–4% annually. Occupancy levels improved 280bp YoY to 28.5% and are likely to sustain at these levels. Ad revenue fell 21% YoY due to no Diwali releases and a perception of no blockbusters; however, it is likely to recover going ahead. EBITDA margin of 33.1% expanded 240bp YoY. Footfalls improved 9% YoY to 40.5mn.
We reckon a strong Q4FY26, supported by a healthy pipeline including Dhurandhar 2, O’Romeo, Toxic and a steady Hollywood slate; we are keeping estimates and TP of INR1,605 unchanged; maintain ‘BUY’.
- February 6, 2026 08:58
Industryupdate
Stock market live updates today: Global bits
Global / Asia-Pacific: Markets fell sharply amid an AI-driven tech selloff, hitting stocks, crypto and metals, with Asian markets extending Wall Street losses. 
Indonesia: Moody’s outlook downgrade to negative raised concerns over governance predictability, increasing risk premiums across bonds, equities and currency.
United States: Farm income is expected to decline slightly in 2026 despite high government support, while debates over Fed independence are raising inflation and rate-risk concerns.
Europe (Eurozone): ECB kept rates unchanged, citing economic resilience despite lower inflation and geopolitical uncertainty.
United Kingdom: Bank of England held rates but signaled potential cuts later if inflation continues easing.
Australia (policy divergence context): Recently raised rates, highlighting growing divergence among major central banks versus Fed easing and ECB/BoE pause stance.
Source: Reuters
- February 6, 2026 07:55
Industryupdate
Stocks in Focus:🌹🇮🇳India Daybook – Stocks in News
FSN E-Commerce Ventures Limited: Net Profit at Rs 67.74 cr vs Rs 26.41 cr, Revenue at Rs 2872.26 cr vs Rs 2267.21 cr (YoY) (Positive)
Bharti Hexacom Limited: Net Profit at Rs 473.70 cr vs Rs 260.90 cr, Revenue at Rs 2359.80 cr vs Rs 2250.70 cr (YoY) (Positive)
GNG Electronics Ltd: Net Profit at Rs 38.69 cr vs Rs 19.08 cr, Revenue at Rs 487.22 cr vs Rs 347.38 cr (YoY) (Positive)
Shreeji Shipping Global Ltd: Net Profit at Rs 32.47 cr vs Rs 13.79 cr, Revenue at Rs 197.93 cr vs Rs 152.19 cr (YoY) (Positive)
SBC Exports Limited: Net Profit at Rs 11.20 cr vs Rs 3.58 cr, Revenue at Rs 104.45 cr vs Rs 72.04 cr (YoY) (Positive)
Hitachi Energy India Ltd: Net Profit at Rs 261.42 cr vs Rs 137.38 cr, Revenue at Rs 2082.21 cr vs Rs 1620.27 cr (YoY) (Positive)
Data Patterns (India) Ltd: Net Profit at Rs 58.30 cr vs Rs 44.66 cr, Revenue at Rs 173.13 cr vs Rs 117.04 cr (YoY) (Positive)
Suraksha Diagnostic Ltd: Net Profit at Rs 7.24 cr vs Rs 5.98 cr, Revenue at Rs 77.69 cr vs Rs 59.51 cr (YoY) (Positive)
Shivalik Bimetal Controls Ltd: Net Profit at Rs 22.18 cr vs Rs 18.24 cr, Revenue at Rs 134.23 cr vs Rs 123.28 cr (YoY) (Positive)
Vidya Wires Limited: Net Profit at Rs 15.42 cr vs Rs 10.52 cr, Revenue at Rs 448.16 cr vs Rs 346.71 cr (YoY) (Positive)
Inventurus Knowledge Solutions: Net Profit at Rs 183.3 cr vs Rs 129.7 cr, Revenue at Rs 815 cr vs Rs 657 cr (YoY) (Positive)
Mazagon Dock Shipbuilders: Net Profit at Rs 879.78 cr vs Rs 807.04 cr, Revenue at Rs 3601.09 cr vs Rs 3143.62 cr (YoY) (Positive)
Goodyear India Ltd: Net Profit at Rs 24.63 cr vs Rs 9.48 cr, Revenue at Rs 606.91 cr vs Rs 631.72 cr (YoY) (Positive)
Sai Life: Net Profit at Rs 100 cr vs Rs 54.0 cr, Revenue at Rs 556.0 cr vs Rs 440.0 cr (YoY) (Positive)
Viyash: Net Profit at Rs 48.5 cr vs Rs 41.9 cr, Revenue at Rs 858.0 cr vs Rs 774.0 cr (YoY) (Positive)
Venus Pipes: Net Profit at Rs 25.6 cr vs Rs 17.9 cr, Revenue at Rs 297 cr vs Rs 231 cr (YoY) (Positive)
Caplin Points: Net Profit at Rs 163.8 cr vs Rs 138.9 cr, Revenue at Rs 543 cr vs Rs 493 cr (YoY) (Positive)
Kaynes: Net Profit at Rs 76.6 cr vs Rs 66.4 cr, Revenue at Rs 804 cr vs Rs 661 cr (YoY) (Positive)
LIC: Net Premium Income up 17.4% at Rs 1.26 Lakh crore, Net Profit at Rs 12,930 crore versus Rs 11,009 crore (Positive)
Hindustan Copper: Company’s dispute with SEPC has now been resolved (Positive)
Arvind Smartspaces: Company adds a new residential high-rise project in Bengaluru with a top-line potential of Rs. 860 crore. (Positive)
Avenue Supermarts: Company has opened 2 new stores in Karnataka & Haryana. The total number of stores on date stands at 447. (Positive)
Cyient: Company strengthens the leadership team with key appointments to accelerate technology-driven growth. (Positive)
Intellect Design: Company Achieves Iso/Iec 42001:2023 Certification for Ai Management Systems; Validates Ai-First Business Impact Architecture for Financial Institutions; Ensures Governance, Transparency, and Operational Resilience. (Positive)
IRB Infrastructure Developers: Company to Consider Issue of Bonus Equity Shares. (Positive)
Bharti Airtel: Net Profit at Rs 6630.5 cr vs Rs 6791.7 cr, Revenue at Rs 53981.6 cr vs Rs 52145.4 cr (QoQ) (Neutral)
Astral Ltd: Net Profit at Rs 107.70 cr vs Rs 114.10 cr, Revenue at Rs 1541.50 cr vs Rs 1397.00 cr (YoY) (Neutral)
Tata Motors Passenger Vehicles Ltd: Net Loss at Rs 3483 cr vs Profit Rs 4164 cr, Revenue at Rs 70108 cr vs Rs 94472 cr (YoY) (Neutral)
Gujarat Themis Biosyn Ltd: Net Profit at Rs 12.46 cr vs Rs 12.97 cr, Revenue at Rs 43.37 cr vs Rs 39.52 cr (YoY) (Neutral)
Kirloskar Brothers Limited: Net Profit at Rs 124.30 cr vs Rs 117.20 cr, Revenue at Rs 1116.20 cr vs Rs 1144.20 cr (YoY) (Neutral)
Hero Motocorp: Net Profit at Rs 1348 cr vs Rs 1203 cr, Revenue at Rs 12328 cr vs Rs 10211 cr (YoY) (Neutral)
Berger: Net Profit at Rs 271 cr vs Rs 296 cr, Revenue at Rs 2984 cr vs Rs 2975 cr (YoY) (Neutral)
JB Chem: Narayan Saraf resigns as CFO of the Company. (Neutral)
Federal Bank: Reserve Bank of India approves Asia II Topco XIII to acquire up to a 9.99% stake. (Neutral)
Gujarat kidney and super speciality: Company board approves 51% acquisition in Patel pharmacy for Rs 37 million, board approves 51% acquisition in Patel hospital for Rs 88 million. (Neutral)
Reliance Industries: Company Buys Two Million Barrels of Venezuelan Oil from Trader Vitol for April Delivery (Neutral)
List of stocks included in the short term ASM Framework: ADF Foods, Avanti Feeds, Carysil, Gokaldas Exports, Garware Hi-Tech, Indo Count, Pearl Global, Ramco Systems, Suven Life. (Neutral)
List of stocks excluded from ASM Framework: Kitex Garments. (Neutral)
Circuit filter change from 10% to 5%: Shreeji Shipping. (Neutral)
Circuit filter change from 20% to 5%: Genus Power. (Neutral)
Circuit filter change from 20% to 10%: Pokarna. (Neutral)
Cholamandalam Investment and Finance Company Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 1.30 (Neutral)
Aarti Drugs Ltd Ex-Date Monday, Interim Dividend - Rs. – 2.0 (Neutral)
Bharat Dynamics Ltd Ex-Date Monday, Interim Dividend - Rs. – 4.50 (Neutral)
Container Corporation of India Ltd Ex-Date Monday, Interim Dividend - Rs. – 3.4 (Neutral)
Go Fashion (India) Ltd Ex-Date Monday, Buy Back of Shares (Neutral)
Power Grid Ltd Ex-Date Monday, Interim Dividend - Rs. – 3.25 (Neutral)
Prithvi Exchange Ltd Ex-Date Monday, Interim Dividend - Rs. – 1.50 (Neutral)
* Triveni Turbine Ltd* Ex-Date Monday, Interim Dividend - Rs. – 2.25 (Neutral)
Accelya Solutions India Ltd Ex-Date Today, Interim Dividend - Rs. – 45.0 (Neutral)
B2B Software Ltd Ex-Date Today, Interim Dividend - Rs. – 1.0 (Neutral)
Clean Science Ltd Ex-Date Today, Interim Dividend - Rs. – 2.0 (Neutral)
Control Print Ltd Ex-Date Today, Interim Dividend - Rs. – 4.0 (Neutral)
Genus Power Infrastructures Ltd Ex-Date Today, Spin Off (Neutral)
HUDCO Ltd Ex-Date Today, Interim Dividend - Rs. – 1.15 (Neutral)
Insecticides (India) Ltd Ex-Date Today, Interim Dividend - Rs. – 2.0 (Neutral)
Manappuram Ltd Ex-Date Today, Interim Dividend - Rs. – 0.50 (Neutral)
National Aluminium Company Ltd Ex-Date Today, Interim Dividend - Rs. – 4.50 (Neutral)
Nestle India Ltd Ex-Date Today, Interim Dividend - Rs. – 7.0 (Neutral)
NTPC Ltd Ex-Date Today, Interim Dividend - Rs. – 2.75 (Neutral)
Omega Interactive Ltd Ex-Date Today, Stock Split From Rs.10/- to Rs.1/- (Neutral)
Quess Corp Ltd Ex-Date Today, Interim Dividend - Rs. – 5.0 (Neutral)
REC Ltd Ex-Date Today, Interim Dividend - Rs. – 4.60 (Neutral)
Sharda Cropchem Ltd Ex-Date Today, Interim Dividend - Rs. – 6.0 (Neutral)
SIS Ltd Ex-Date Today, Interim Dividend - Rs. – 7.0 (Neutral)
Sundaram Finance Ltd Ex-Date Today, Interim Dividend - Rs. – 16.0 (Neutral)
TCI Express Ltd Ex-Date Today, Interim Dividend - Rs. – 7.0 (Neutral)
Triveni Engineering Ltd Ex-Date Today, Interim Dividend - Rs. – 1.50 (Neutral)
KNR Constructions Ltd: Net Profit at Rs 102.80 cr vs Rs 248.59 cr, Revenue at Rs 743.20 cr vs Rs 848.10 cr (YoY) (Negative)
NCC Ltd: Net Profit at Rs 122.46 cr vs Rs 193.18 cr, Revenue at Rs 4868.29 cr vs Rs 5344.52 cr (YoY) (Negative)
SKF: Net Profit at Rs 62 cr vs Rs 109 cr, Revenue at Rs 577 cr vs Rs 1256 cr (YoY) (Negative)
Hind Zinc, Muthoot Finance, Mannapuram Finance: Gold and Silver Prices Extends Losses (Negative)
Kolte Patil: Net Profit at Rs 4.5 cr vs Rs 25.3 cr, Revenue at Rs 265 cr vs Rs 350 cr (YoY) (Negative)
AB Fashion: Net loss at Rs 152.2 cr vs Rs 51.3 cr, Revenue at Rs 2374 cr vs Rs 2201 cr (YoY) (Negative)
Tata Motors PV: Revenue at Rs 70,108 crore versus Rs 94,472 crore, Net Loss at Rs 3,486 crore versus Profit of Rs 5,406 crore. (Negative)
Updater: Net Profit at Rs 9.2 cr vs Rs 30.9 cr, Revenue at Rs 767 cr vs Rs 595 cr (YoY) (Negative)
- February 6, 2026 07:52
Stock market live updates today: Nifty may lose 125 points at open amidst a global rout
Domestic markets are likely to open weak on Friday amidst a global melt down. The focus will be on the outcome of the RBI monetary policy and outlook on the Indian economy. Gift Nifty is ruling at 25,600 against the Nifty futures close of 25,725, signalling a gap-down opening of 125-130 points at open.
- February 6, 2026 07:36
Stocks in Focus: Why Gold/ Silver ETFs, NSDL, Stallion India, Federal Bank, SJVN, KRBL and Axis Bank will remain in focus on Friday
While volatile gold and silver prices will keep the metal ETFs in focus, a technical glitch at NSDL will keep it on the radar
- February 6, 2026 07:14
Stocks in Focus: Today’s Stock Recommendation: February 6, 2026
- February 6, 2026 07:12
Industryupdate
Stock market live updates today: Jainam Broking set to host seventh edition of the Indian Options Conclave
Jainam Broking Ltd is set to host the seventh edition of the Indian Options Conclave (IOC 7.0) on February 13–14, 2026, at the SIECC, Surat. Recognised as India’s largest platform dedicated to options trading education and community building, IOC 7.0 will bring together retail traders, seasoned market participants, investors, fintech players and exchanges from across the country.
Building on the momentum of IOC 6.0, a record-breaking edition that witnessed over 20,000 registrations and earned a Guinness World Record for the “Largest Financial Investment Lesson”, IOC 7.0 represents the next stage in the conclave’s journey. Anchored in the overarching theme “Evolve”, and translated through the narrative Learn. Transform. Evolve, the upcoming edition reflects the platform’s progression from focused options education to a more holistic, future-ready trading and investing ecosystem.
- February 6, 2026 06:54
Industryupdate
Stocks in Focus: Kennametal India Q2 results
For the quarter ended December 31, 2025, Kennametal India Limited (KIL) posted revenues of ₹3340 Mn, marking a growth of 16.4% over ₹2870 Mn in the same period last year. Profit Before Tax stood at ₹353 Mn (includes a one-time cost of ₹34 Mn due to implementation of new labour codes), up 9% from ₹324 Mn in Q2 FY25.
The quarter benefited from favourable macroeconomic conditions, with India’s continued economic strength providing tailwinds across key industrial sectors. Kennametal India’s diversified portfolio and customer-centric approach also enabled the company to capture share while maintaining operational discipline.
As part of a long-term growth strategy, Kennametal India remains committed to advancing manufacturing excellence, expanding its market presence, and delivering value to shareholders.
- February 6, 2026 06:53
Industryupdate
Stocks in Focus: Eveready Industries in Q3 FY26 numbers:
Financial Highlights Q3 FY26
Consolidated revenue from operations stood at INR 367.2 crore (Q3 FY25: INR 333.5 crore), while EBITDA increased to INR 33.3 crore (Q3 FY25: INR 29.5 crore), driven by strong performance in the batteries business, which grew 11.1%, led by 72% growth in Alkaline batteries. The lighting business also witnessed a gradual recovery, registering 10.5% growth.
Profit after tax stood at INR 7.5 crore (Q3 FY25: INR 13.1 crore), after factoring in a one-time exceptional charge of INR 9.4 crore related to the implementation of the new labour code.
· Net debt at INR 317 crores including INR 167 crores Capex for Alkaline Battery facility at Jammu
- February 6, 2026 06:52
Industryupdate
Stocks in Focus: HINDUSTAN COPPER: Q3 SL NET PROFIT 1.56B RUPEES VS 629M (YOY)
HINDUSTAN COPPER: Q3 REVENUE 6.9B RUPEES VS 3.28B (YOY)
HINDUSTAN COPPER: Q3 EBITDA 2.44B RUPEES VS 1.08B (YOY)
HINDUSTAN COPPER: Q3 EBITDA MARGIN 35.58% VS 32.85% (YOY)
HINDUSTAN COPPER: CO DECLARED DIVIDEND 1 RUPEES PER SHR
- February 6, 2026 06:51
Industryupdate
Stocks in Focus: HITACHI ENERGY:
Q3 SL NET PROFIT 2.6B RUPEES VS 1.37B (YOY); EST 2.45B || Q3 REVENUE 20.8B RUPEES VS 16.2B (YOY)
Q3 EBITDA 3.7B RUPEES VS 1.67B (YOY) || Q3 EBITDA MARGIN 18.36% VS 10.3% (YOY)
- February 6, 2026 06:51
Industryupdate
Stocks in Focus: FSN E-COMMERCE VENTURES:
Q3 CONS NET PROFIT 633M RUPEES VS 263M (YOY); EST 584M
Q3 REVENUE 29B RUPEES VS 23B (YOY)
Q3 EBITDA 2.3B RUPEES VS 1.4B (YOY) || Q3 EBITDA MARGIN 8.01% VS 6.2% (YOY)
Q3 PROFIT BEFORE EXCEPTIONAL ITEM 1.26B VS 446M (YOY) || CO HAS AN EXCEPTIONAL ITEM OF 164M
- February 6, 2026 06:51
Industryupdate
Stocks in Focus: TATA MOTORS PASSENGER VEHICLES: Q3 CONS NET LOSS 35B RUPEES VS PROFIT 54B (YOY)
Q3 LOSS BEFORE EXCEPTIONAL ITEM 33B VS PROFIT 62B (YOY) || CO HAS AN EXCEPTIONAL ITEM 16B
Q3 REVENUE 701B RUPEES VS 945B (YOY)
Q3 EBITDA 8.79B RUPEES VS 105B (YOY) || Q3 EBITDA MARGIN 1.25% VS 11.9% (YOY)
- February 6, 2026 06:50
Industryupdate
Stock market live updates today: Instl. Investors EQUITY Cash Trades PROV. - 05/02/2026 : Rs. CRS. :
FIIS : SELL -2,150 (14,630-16,780)😥
DIIS : BUY +1,130 (15,182-14,052)🙂
- February 6, 2026 06:48
Stock market live updates today: Stock to buy today: Gallantt Ispat (₹596.80) – BUY
The short-term outlook is bullish for Gallantt Ispat. The stock has surged 15 per cent since Budget Day. The rise over the last two days has taken the share price well above the 200-Day Moving Average (DMA). This gives an early sign of a bullish trend reversal.
Published on February 6, 2026
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