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tock Market today | Stock Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 12th February 2026.
The Nifty IT index tumbled 4.7% to a more than four-month low of 33,442, deepening its recent slide. Heavyweights such as Infosys, Coforge, Mphasis, LTIMindtree and Tech Mahindra recorded sharp declines amid growing worries that AI advancements could pressure earnings. After falling 12.6% in 2025, the IT index has dropped nearly 11% so far in 2026.
The Nifty 50 and Sensex have gained about 2.5% this month, supported by the trade deal and improving investor sentiment, and are trading roughly 2% below record highs.
Foreign institutional investors (FIIs) continued their buying streak, net purchasing shares worth ₹944 crore on Wednesday. February inflows have now reached $1.7 billion, following three months of outflows.
Today's key market trends
Benchmark indices fall: Sensex settled 558.72 pts or 0.66% lower at 83,674.92, and Nifty 50 depreciated by 146.65 pts or 0.57% to 25,807.20.
IT sector under pressure: TCS (-5.35%), Infosys (-5.08%), Wipro (-4.70%), Tech Mahindra (-4.55%) and HCL Tech (-3.51%) led declines amid global AI-driven disruption concerns.
Financial stocks provide support: Bajaj Finance (+2.65%), Shriram Finance (+2.38%), Eicher Motors (+2.07%), Trent (+1.61%) and ICICI Bank (+1.48%) helped limit broader market losses.
Broader indices underperform: Nifty Midcap 100 fell 0.58%, Smallcap 100 down 0.67%, and Nifty Next 50 slipped 0.55%; sectoral performance was mixed with financials and banking slightly higher.
Market breadth negative: On BSE, 2,433 stocks declined versus 1,647 advances; 127 stocks hit 52-week highs and 97 touched 52-week lows, reflecting consolidation amid global tech uncertainty.
- February 12, 2026 16:07
Q3 results: NPST revenue from operations at ₹57.17 crore, up ~146% YoY
Network People Services Technologies Ltd, a digital banking and fintech infrastructure provider, reported sequential growth in the third quarter of FY26, with revenue rising to ₹57.17 crore and profit after tax (PAT) increasing to ₹11.54 crore. On a year-on-year basis, revenue for the quarter grew 145.93% to ₹57.17 crore compared to Q3 FY25. The performance was driven by strong execution across payment infrastructure, risk management and bank-led digital platforms.
EBITDA recorded a strong 118.30% year-on-year growth, rising to 18.74 crore from 8.59 crore in Q3 FY25.
- February 12, 2026 15:52
Industryupdate
Q3 results: Muthoot Finance reported standalone net profit for the quarter ended December 2025 at Rs 2,656.42 crore compared to Rs 1,363.09 crore in the same quarter last year.
- February 12, 2026 15:52
Stock market live updates today: Sensex settled 558.72 points or 0.66% lower at 83,674.92, and Nifty 50 depreciated by 146.65 points or 0.57% to 25,807.20.
- February 12, 2026 15:50
Q3 results: Welspun Living Q3 profit plummets 99.8% on weak home textiles, flooring revenues
Gujarat-based Welspun Living Ltd reported a steep 99.8 per cent decline in consolidated net profit for the third quarter of FY26, dragged by subdued demand in its home textiles and flooring segments. Profit attributable to the owners fell to ₹0.21 crore, down from ₹120.83 crore in the same quarter last year.
Revenue from operations also dipped 9 per cent to ₹2,262 crore. The home textiles segment saw a 4.7 per cent drop, while the flooring business recorded a sharper decline of 20.4 per cent. On the corporate front, the board has approved the redemption of 13,89,575 zero per cent Redeemable Preference Shares (RPS) at an issue price of ₹1,000 per share, issued by Welspun Global Brands Ltd, a subsidiary of the company, in line with the terms of issue.
- February 12, 2026 15:35
Industryupdate
Stock market live updates today: Tega Industries reported a standalone net profit for the quarter ended December 2025 at Rs 28.1 crore compared to Rs 56 crore in the same quarter last year.
- February 12, 2026 15:32
Industryupdate
Stock market live updates today: Mahindra World City, Chennai hands over critical healthcare assets under CSR initiative
Mahindra World City (MWC), Chennai, a part of Mahindra Lifespace Developers Ltd’s portfolio as part of its sustained commitment to community development and public well-being, handed over key healthcare assets under its Corporate Social Responsibility (CSR) initiative at a ceremony held on 10 February 2026 at the Mahindra World City in Chennai.
As part of the initiative, Mahindra World City, Chennai handed over an Advanced Life Support (ALS) Ambulance to Chengalpattu Medical College & Hospital, and medical equipment for Primary Health Centres across Chengalpattu district. The initiative was aimed at strengthening emergency medical response systems and enhancing access to essential healthcare services in the region.
- February 12, 2026 15:29
Industryupdate
Stock market live updates today: Mirae Asset Mutual Fund appoints Pranavi Kulkarni as Fund Manager & Dealer - Fixed Income
Mirae Asset Investment Managers (India) Pvt. Ltd has appointed Pranavi Kulkarni as Fund Manager & Dealer - Fixed Income. She will be based at the AMC’s Mumbai head office and will report to Basant Bafna, Head - Fixed Income.
Mirae Asset Mutual Fund’s Fixed Income vertical focuses on a disciplined investment approach, with emphasis on credit assessment, risk management, and active portfolio management. The fixed income vertical invests across a diversified mix of sovereign, corporate, and money market instruments, supported by in-house research capabilities and macroeconomic analysis. The AMC continues to strengthen its fixed-income offerings in line with evolving market conditions and investor needs.
- February 12, 2026 15:28
Industryupdate
Stock market live updates today: Kotak Alts announces first close of Kotak Yield & Growth Fund
Kotak Alternate Asset Managers Ltd (Kotak Alts) has announced the first close of its Kotak Yield & Growth Fund, a Category II AIF, at INR 3,900 crore ($430 million) — marking the largest-ever first close for a domestic private credit fund raised in India.
The fund, with a target corpus of INR 5,000 crore, has seen strong participation from domestic family offices, Ultra High-Net-Worth Individuals (UHNIs), and leading Indian insurance companies. Notably, this is Kotak Alts’ first fundraise from Indian investors, mobilised entirely through Kotak Private Banking relationships.
Key highlights:
* Largest domestic private credit first close in India at INR 3,900 crore
* Focused on risk-adjusted returns through a blend of stable yield assets and selective growth opportunities
* Sector-agnostic strategy targeting cash-flow-positive, mid to large-sized enterprises
* Emphasis on rigorous underwriting, capital preservation, and defined exit pathways
* Brings Kotak Alts’ two decades of institutional-grade investment expertise to domestic investors
- February 12, 2026 15:22
Q3 Results: Premier Explosives reports ₹6.04 crore net profit for the quarter ended December 2025
Premier Explosives reported standalone net profit for the quarter ended December 2025 at Rs 6.04 crore compared to Rs 9.18 crore in the same quarter last year.
Shares traded 4% lower on the NSE at Rs 469.
- February 12, 2026 15:06
Affordable Robotic & Automation signed MoU with Sai Green Mobility Private Ltd through a proposed preferential issue of securities for Rs 15 Crore at Rs. 248 per share (approx.)
- February 12, 2026 15:02
Q3 Results: Natco Pharma reports ₹151.3 crore net profit in Q3 FY26
Natco Pharma reported consolidated net profit for the quarter ended December 2025 at Rs 151.3 crore compared to Rs 132.4 crore in the same quarter last year.
Declared interim dividend of Rs 1.50 per share.
Board approved the appointment of Mr. Amit Parekh, Executive Vice President – Finance & Accounts as Chief Financial Officer of the Company w.e.f. 13th February, 2026, Kalakuntla Srinivas Rao as Executive Vice President – Pharma Division of the Company w.e.f. 12th February, 2026 .
Shares flat on the NSE at Rs 855.40
- February 12, 2026 14:51
Q3 Results: Astra Microwave Products reports ₹38.87 crore net profit for the quarter ended December 2025
Astra Microwave Products reported standalone net profit for the quarter ended December 2025 at Rs 38.87 crore compared to Rs 38.62 crore in the same quarter last year.
Shares traded at Rs 882 on the NSE, down 2%.
- February 12, 2026 14:49
Lumax Auto Tech Q3 net profit falls 51% y-o-y to ₹10.9 cr; shares up 3%
Lumax Auto Technologies reported standalone net profit for the quarter ended December 2025 at Rs 10.88 crore compared to Rs 22.18 crore in the same quarter last year.
Board approved proposal for providing First Loss Deficiency Guarantee for an amount up to 20% of the limit being availed by Channel Partner(s) for the overall credit facility of Rs. 30 Crores to be provided by ICICI Bank Limited to the Channel Partners of the Company under Channel Financing Facility
Shares traded at Rs 1,782 on the NSE, up 3%
- February 12, 2026 14:38
Patanjali Foods traded flat on the NSE at Rs 520.50. The consolidated net profit increased 60% y-o-y to Rs 593.44 crore for December quarter FY26 on higher income.
- February 12, 2026 14:27
Q3 Results: AstraZeneca Pharma's Q3 FY26 net profit comes in at ₹32.5 crore
AstraZeneca Pharma reported net profit for the quarter ended December 2025 at Rs 32.5 crore compared to Rs 30.8 crore in the same quarter last year.
Shares traded 3% lower on the NSE at Rs 8,810.
- February 12, 2026 14:16
Stock market live: Ramco Systems Introduces Chia, an Enterprise-Grade Conversational AI Agent for Better Customer Experience
- February 12, 2026 14:16
Q3 Results: Welspun Living reports ₹10.29 crore net loss for the quarter ended December 2025
Welspun Living reported standalone net loss for the quarter ended December 2025 at Rs 10.29 crore compared to Rs 87.82 crore profit in the same quarter last year.
Shares flat on the NSE at Rs 140.77
- February 12, 2026 14:11
Q3 Results: 3M India reports ₹62.05 crore net loss for the quarter ended December 2025
3M India reported net loss for the quarter ended December 2025 at Rs 62.05 crore compared to Rs 113.76 crore profit in the same quarter last year.
Shares flat on the NSE at Rs 37,610
- February 12, 2026 14:10
Q3 Results: Gujarat Fluorochemicals reported standalone net profit for the quarter ended December 2025 stood at Rs 172 crore compared to Rs 205 crore in the same quarter last year.
- February 12, 2026 14:09
Q3 Results: Sharat Industries Q3 FY26 net profit jumps 79.5% y-o-y to ₹4.74 crore on 47.8% revenue growth
Sharat Industries Limited Records 79.55% YoY Net Profit Growth in Q3 FY26
- Revenue from Operations up by 47.81% YoY at ₹ 142.55 Cr in Q3 FY26
- EBITDA increased by 21.92% YoY at ₹ 9.51 Cr in Q3 FY26
- PAT rose up to 79.55% YoY at ₹ 4.74 Cr in Q3 FY26
- February 12, 2026 13:52
Q3 results: Hind Rectifiers Q3 FY26 revenue jumps 52.9% y-o-y to ₹719 cr
Hind Rectifiers Ltd (HIRECT), a leading manufacturer of Power Semiconductor, Power Electronic equipment and Railway Transportation equipment today announced its unaudited financial results for the quarter and nine months ended 31st December 2025.
Here are some key highlights:
- Consolidated Revenue grew by 52.9% YoY to INR 719.3 crore in 9MFY26
- Consolidated EBITDA surged by 50.1% YoY to INR 75.7 crore in 9MFY26
- Consolidated PAT grew by 49.3% YoY to INR 40.5 crore in 9MFY26
- February 12, 2026 13:50
Stock Markets Live: IT selloff deepens as Sensex drops over 450 points in midday trade
Benchmark indices extended losses in afternoon trade on Thursday, with the Sensex down 452.24 points, or 0.54 per cent, at 83,781.40 as of 1.10 pm, while the Nifty 50 declined 111.50 points, or 0.43 per cent, to 25,842.35. The Sensex had opened at 83,968.43 against its previous close of 84,233.64, while the Nifty opened at 25,906.70 against the previous close of 25,953.85.
- February 12, 2026 13:49
Bharat Forge Q3 net profit falls to ₹288 cr, declares ₹2 dividend; approves subsidiary merger
Bharat Forge reported standalone net profit for the quarter ended December 2025 at Rs 288 crore compared to Rs 346 crore in the same quarter last year.
Board declared interim dividend of Rs 2 per share. It also approved the merger of Ferrovia Transrail Solutions Private Limited, a step-down wholly owned subsidiary of the Company with BF Infrastructure Ltd.
Shares flat on the NSE at Rs 1,669.70
- February 12, 2026 13:48
Hindustan Aeronautics net profit jumps 29% to ₹1,852 cr in Dec qtr, interim dividend of ₹35/share"
Hindustan Aeronautics reported standalone net profit for the quarter ended December 2025 at Rs 1851.72 crore (up 29.2%) compared to Rs 1432.60 crore in the same quarter last year.
Board has declared interim dividend of Rs 35 per share. Record date is Feb 18.
Shares traded flat on the NSE at Rs 4,131.80.
- February 12, 2026 13:24
tock Markets Live: Deccan Cements posts ₹55 lakh Q3 loss vs profit last year; shares down 3.5% at ₹695.10
Deccan Cements reported standalone net loss for the quarter ended December 2025 at Rs 55.42 lakh compared to Rs 81.07 lakh profit in the same quarter last year.
Shares traded at Rs 695.10 on the NSE, down 3.5%.
- February 12, 2026 13:14
Corporate moves: APL Apollo Tubes board approved issuance of commercial paper of Rs 100 crore.
- February 12, 2026 13:14
Q3 results: Matrimony.com Q3 net profit slips 9.5% to ₹8.98 crore; shares down 3% at ₹504
Matrimony.Com posted its standalone net profit for the quarter ended December 2025 at Rs 8.98 crore (down 9.5%) compared to Rs 9.84 crore in the same quarter last year.
Shares declined 3% on the NSE to Rs 504.
- February 12, 2026 13:13
Q3 results: Indogulf Cropsciences
KEY HIGHLIGHTS
* Revenue from operations increased 17.0% YoY to Rs. 1,161 Mn
* EBITDA increased 16.4% YoY to Rs. 117 Mn from Rs. 101 Mn in Q3 FY25
* Profit Before Tax increased 60.2% YoY to Rs. 74 Mn from Rs. 46 Mn in Q3 FY25
* Profit After Tax increased 5.6% YoY to Rs. 39 Mn from Rs. 37 Mn in Q3 FY25
- February 12, 2026 12:56
Share market live: Kotak Alts secures record ₹3,900 crore first close for private credit fund
- February 12, 2026 12:52
Stock Markets Live: TVS Srichakra Q3 net profit at ₹14.16 crore vs loss last year; shares up 2% at ₹4,600
TVS Srichakra posted standalone net profit for the quarter ended December 2025 at Rs 14.16 crore compared to Rs 3.08 crore loss in the same quarter last year.
Shares traded at Rs 4,600 on the NSE, up 2%.
- February 12, 2026 12:52
Stock Markets Live: Godrej Industries trades flat at ₹1,011; Q3 net profit rises to ₹352.7 crore
Godrej Industries stock traded flat on the NSE at Rs 1,011.35.
Company posted a consolidated net profit of Rs 352.68 crore in Q3FY25 compared to Rs 312.40 crore in the year-ago period.
- February 12, 2026 12:38
Stock market live today: IT stocks TCS, Wipro, Infosys fall 5% as AI disruption fears drag index down
- February 12, 2026 12:38
Zinc futures: Hurdle ahead
- February 12, 2026 12:37
Stock market live today: US crude oil imports to India in 2025 likely to hit second highest on record
- February 12, 2026 12:37
Stock Market Live: Bajaj Finance board approves NCDs aggregating to ₹500 cr
- February 12, 2026 12:32
Stock market live today: Orkla India shares decline 3% to ₹549.25 following 14% y-o-y decline in net profit to ₹56.64 crore in the December quarter of FY26
- February 12, 2026 12:31
Stock Market Live: Thomas Cook India & SOTC Travel announce direct Charter flights to Bhutan from Bengaluru and Ahmedabad for the second consecutive year
- February 12, 2026 12:22
Commodities update: Crude oil futures fall to Rs 5,893 per barrel
Crude oil prices edged lower by Rs 14 to Rs 5,893 per barrel in futures trade on Thursday, despite firm global trends, as profit-taking by participants capped gains.
On the Multi Commodity Exchange, crude oil futures for March delivery slipped by Rs 14, or 0.24 per cent, to Rs 5,893 per barrel in a business turnover of 520 lots. - PTI
- February 12, 2026 12:00
Stock Markets Live: Shree Digvijay Cement Q3 loss widens to ₹6.97 crore
Shree Digvijay Cement Company reported standalone net loss for the quarter ended December 2025 at Rs 6.97 crore loss compared to Rs 4.83 crore in the same quarter last year.
- February 12, 2026 11:45
Stock market live today: Adani Power forms nuclear energy unit as India opens sector to private players
- February 12, 2026 11:21
Hindustan Unilever Limited – Q3 Segment Wise Performance
🏠 Home Care
* ₹ 5,890 CR ↑ 2.6 % (YOY)
* ₹ 1,062 CR ↑ 0.8 % (YOY)
💄 Beauty & Wellbeing
* ₹ 3,596 CR ↑ 4.6 % (YOY)
* ₹ 1,039 CR ↑ 2.1 % (YOY)
🧼 Personal Care
* ₹ 2,371 CR ↑ 5.6 % (YOY)
* ₹ 414 CR ↑ 4.8 % (YOY)
🍲 Foods
* ₹ 3,689 CR ↑ 5.9 % (YOY)
* ₹ 773 CR ↑ 0.1 % (YOY)
🏢 Hindustan Unilever Limited – Q3 Outlook
📈 Growth
* Macro stability coupled with supportive policy measures expected to create a conducive backdrop for consumption
* FY27 expected to be better than FY26, led by portfolio transformation and channel transformation
💰 Margin
* Committed to continue investing in the business for sustained growth
* Consolidated EBITDA margin likely to remain around the current guided range
🎯 Focus
* Driving competitive, volume-led revenue growth
* Anchored around four key strategic priorities
🏢 Hindustan Unilever Limited – Q3 | CEO Commentary
🗣 CEO Highlights
* Reported early signs of demand recovery, supported by policy measures
* Revenue ↑ 6 %
* Underlying volume growth ↑ 4 %
* Continued strengthening brand desirability and expanding in high-growth segments
* Scaling “Channels of the Future,” including a dedicated quick commerce organization
* Focused on modern brand-building and category leadership
* Remains well positioned for sustained volume-led growth and long-term value creation
🏢 Hindustan Unilever Limited – Q3 Segment Update
🏠 Home Care
* USG ↑ 3 %; mid-single digit UVG
* Liquids & Household Care (Vim) delivered strong double-digit growth
* Negative price impact continues
💇♀️ Beauty & Wellbeing
* USG ↑ 6 %
* Hair Care volume-led double-digit growth (Dove, TRESemmé)
* Health & Wellbeing posted high double-digit growth
* Strong premium innovation push
🧴 Personal Care
* Growth ↑ 6 %
* Double-digit gains in Premium Skin Cleansing (Pears, Dove) & Oral Care (Closeup)
* Bodywash continues leadership
🍵 Foods
* USG ↑ 6 % led by high-single digit UVG
* Coffee delivered double-digit growth
* Broad-based strength across Kissan Ketchup, Mayo & Soups
* Tea impacted by price cuts
🚀 Innovation & Premiumisation
* New launches across TRESemmé, Minimalist, Kissan & Horlicks
* Strengthening premium & health positioning across portfolio
HUL
CO SAYS FY 27 TO BE BETTER THEN FY 26
- February 12, 2026 11:15
Sectoral trends: IT stocks slide over 4% amid AI and US rate cut concerns
Shares of Indian software exporters slid more than 4% on Thursday, extending losses for the week, as persistent fears of AI-led disruption and fading hopes of a near-term rate cut by the U.S. Federal Reserve weighed on sentiment.
The Nifty IT index fell to a four-month low, with Tata Consultancy Services, Infosys and HCLTech down 3.7% to 4.4%. The 10-member sub-index was the worst performer on the day and for the year after falling 12.6% in 2025, and is down 11.4% so far in 2026. - Reuters
- February 12, 2026 11:12
Nifty Bank Prediction Today – February 12, 2026: Nifty Bank futures: Retains the bullish bias, hold on to the longs
- February 12, 2026 11:05
Stock Market Live Updates: Ratings from agencies
CLSA on M&M
O-P TP Raised to Rs 4702
Remains a revenue market leader in UVs
With a strong launch pipeline, its superior execution capability and improving profitability, expect M&M to deliver a 20% Ebitda Cagr over FY26- 28CL
Its 3QFY26 auto Ebit margin of 9.5% was above estimate of 9.0%
For tractors forecast 7% growth in FY27CL post a robust FY26.
Nomura on M&M
Buy, TP Rs 4662
Strong outlook across segments
3Q ASPs slightly below; SUV growth to maintain driving outperformance vs industry
EBITDA margin at 14.7%, broadly in line (Nomura: 14.9%)
Maintain as top pick
HSBC on M&M
Buy, TP Rs 4250
After strong growth in FY26e, estimate a normalised tractor volume CAGR of 3-5% over FY26-FY28e
Successful model launches, calibrated capacity expansion to drive SUV volume growth and maintain margin resilience
Strong or early El Niño is downside risk to est
Jefferies on M&M
Buy, TP Rs 4500
MM delivered 15th consecutive quarter of double-digit EBITDA growth, with Dec-Q up 27% YoY, inline with JEFe.
MM is benefitting from strong industry demand and market share gains across tractors, SUVs and LCVs, although it sounded uncertain on FY27 tractor industry outlook given high base
Expect MM’s core EPS to rise 30% YoY in FY26, followed by 15% CAGR over FY25-28E.
Its 23x FY27E PE is attractive
Bernstein on M&M
Market Perform, TP Rs 4200
Executing well across an unusually wide front, with auto, farm & key subsidiaries all delivering simultaneously – a rare outcome for a conglomerate of this complexity
This reflects a mix of policy tailwinds (EV support, GST cut, rural and infra spends) & self‑help on capital allocation, cost discipline and portfolio focus.
It is not often that “everything works” at same time for M&M; this is one of those periods & think it should be ridden, not faded.
CITI on M&M
Maintain Buy with target price of 4,230 unchanged
3QFY26 in line; EBITDA up 27% YoY and PAT up 33% YoY
UV capacity ramp-up to 24-28k/month by CY28; expansion on track
Tractor outlook positive with early signs of replacement cycle
Strong SUV pipeline; EV approvals progressing
MS on M&M
Recommendation Overweight, Target Price ₹4358, Earlier Target ₹4407
In-line quarter
FY27 could see moderation in tractor and UV growth
Both segments should turnaround in FY28
No new EV launches in CY26; focus will be on ramping up current launches
Entire portfolio expected to be covered by PLI incentives by Q1FY27
CLSA on Hindalco
O-P, TP Rs 1035
Stock may be affected in near term due to weak, one-off driven Novelis results
Expect adj. Ebitda/t to expand in 4Q & beyond (3Q: US$430) on no tariff impact, spread expansion and cost savings.
However, reported Ebitda/ PAT would be weighed down for at least another couple of quarters due to one-off Oswego fire impact
Delayed insurance recovery and ongoing capex would necessitate another US$200m equity infusion from parent, while a rise in working capital would also impact FCF
CITI on Hindalco Industries
Citi maintain Buy with target price of ₹920 unchanged.
Novelis 3Q adjusted EBITDA $348mn; impacted by $400mn Oswego fire.
Adjusted EBITDA impact $150–200mn; negative FCF impact $1.3–1.6bn.
Net D/EBITDA to rise beyond 4x; liquidity supported by equity infusion.
Bay Minette commissioning in 2HCY26; cost efficiency plan remains intact.
HSBC on Hindalco
Buy, TP Rs 1240
Oswego Fires dent an otherwise strong operating performance with adj. EBITDA/t at USD430/t, +6% y/y
Management reiterates Bay Minette full plant commissioning in 2HCY26, cold mill to begin commissioning in March
CITI on Divis Lab
Buy, TP Rs 9140
Strong 20% EBITDA growth in 3Q
Mgmt has provided strong visibility for FY27/28E
multiple CS products (some in validation, some completed) transitioning to commercial volumes over the next 12 months; Tirzepatide (GLP-1) may be one of these
three dedicated projects to move into commercial stage in CY27
does not see any change in double-digit growth trajectory, irrespective of any patent cliff (alluding to Entresto);
new projects can expand margins & “sky is the limit,” per mgmt.
Jefferies on Divis Labs
Buy , TP Rs 8,100 vs Rs8,000 earlier
Divi’s Dec-25 Qtr revenue was in-line with estimates while EBITDA/ adj.PBT delivered 12%/8% beat.
Nutraceuticals and custom synthesis (CS) continued growth momentum (15%+) while generics remained tepid (LSD).
Divi’s hinted that their growth momentum will continue in FY27 despite key patent expiry & 3 major dedicated CDMO projects will begin commercial
sales from 2HCY27 (1HFY28).
MOSL on Divis Labs
Neutral, TP Rs 6925
Volume gain/backward integration offset by pricing pressure in generics
Product mix and currency movement powers Divis Labs’ performance
Revenue grew 12.3% YoY to INR26.0b (est: INR26.8b)
Gross margin expanded 350bp YoY to 63.7%.
EBITDA margin expanded 220bp YoY to 34.2% (est: 31.5%), majorly driven by growth in gross margin.
EBITDA grew 20% YoY to INR8.9b (est: INR8.4b).
Jefferies on lenskart
Buy, TP raised to Rs 575
Lenskart delivered an exceptional quarter, with strong growth and smart margin expansion across India & international markets.
Mgmt commentary was even more compelling, highlighting a clear focus on LT growth over ST margin maximisation, with margins seen as an outcome rather than objective
CITI on Lenskart
Neutral, TP Rs 520
Strong revenue growth (38% overall) & margin improvement (11.6% Pre-Ind AS vs 4.5% in 3QFY25) in India and International.
India SSG improved to 28% vs 15% in 1HFY26 led by expansion in eye testing (62% YoY in 3Q vs 49%/57% in 2Q/1Q).
EBITDA margins - both India and International witnessed steep improvement led by GM expansion (higher ASP/product mix, sourcing) along with operating leverage (SSG driven)
Will watch out for growth momentum in 4Q given
(a) 2Q had adverse GST impact in India (customers deferring purchases into October);
(b) International revenue growth benefitted from currency (8-9% in 3Q and 2Q).
Believe current valuations already price in growth & margin improvement trajectory
MOSL on Ashok Leyland
Buy, TP Rs 238
Multiple growth drivers in place for a CV cycle revival
Earnings beat on better margins and higher other income
AL is likely to emerge as a major beneficiary of a pickup in CV demand
Over years, AL has effectively reduced its business cyclicality by focusing on non-truck segments.
Its continued emphasis on margin expansion and prudent control of capex is likely to help improve returns in the long run.
Further, a net cash position will enable AL to invest in growth avenues in the coming years
INCRED on Ashok Leyland
ADD. TP Rs 236
3Q EPS rose 45% yoy to Rs1.9, beating estimate by 14%
EBITDA margin uptick of 120bp qoq and lower depreciation led to outperformance
More truck segments joining demand recovery cycle recently & trade deals provide hope for tractor trailers
Raise EPS estimates by 1-2%.
Jefferies on Ashok Leyland
Hold, TP Rs 190
AL’s Dec-Q EBITDA and PAT grew 27-35% YoY, 4% above JEFe.
Truck industry growth has improved sharply in recent months, & like Als high focus on margins.
However, stock is already at 7.9x FY27E PB vs last cycle peak of 5.8x, and at 17.3x FY27E EV/EBITDA vs last-10-year average of 13x
Vals along with limited confidence on volume growth for coming years, prevents us from taking a more constructive view
Raise FY26-28 EPS by 2-3%
Morgan Stanley on Ashok Leyland
Downgraded Ashok Leyland to Equal-weight from Overweight with target price of ₹227 raised from ₹160.
3qfy26 in line; volume momentum intact but margins pressured by mix and commodities.
Gross margin hit by ~50bps from commodities; ICV mix up to 30%; Jan-26 price hike of ~60bps.
Sharp rerating already played out; EV/EBITDA at ~16x (vs 11.5x in Feb-25), near +1SD.
Raise EPS by 12–19% for FY26–28; upside limited at peak margin assumption of ~14%.
JPM on Voda Idea
Downgrade to UW, TP Rs 9
Believe stock outperformance is overdone as IDEA still awaits bank funding to drive next leg of the capex cycle, which is crucial to arrest subs losses & move to net adds by investing in the network
First capex cycle started from 1QFY25 post the Rs180bn fund raise via FPO which resulted in IDEA being able to arrest subs losses to an extent, but it was still not able to drive positive net adds
Its target of a 3x increase in Cash Ebitda over 3 years looks aggressive as company is baking in market share gains here vs Bharti/Jio, of which we are skeptical
Believe IDEA has multiple hurdles to cross before business stabilizes in form of:
1) getting bank funding,
2) going to positive subs additions
At 15x FY27E EV/Ebitda, stock seems to be baking in all +ves
MS on Paints Sector
Paints: Multi-year de-rating underway
Growth volatility over past two quarters reinforces view that predictability of growth in paints sector is waning
Incumbents are guiding for mid-to-high single-digit value growth over medium term
Weakening moats, low growth, and elevated valuations continue to support de-rating thesis
Asian Paints – UW, TP Rs 2126
Berger P – UW, TP Rs 400
Kansai – UW, TP Rs 191
MOSL on Grasim
Maintains Buy rating with a target price of ₹3,700
3Q profitability was above estimates, fueled by better-than expected performance in the VSF segment and strong growth in the Paints and B2B e-commerce biz
Overall traction in the Paints business is better than our expectations
It has seen a steady improvement in revenue and market share over the last few in quarters
It has recently taken a price hike of ~2-6% to test the channel and consumer response
Morgan Stanley On LG India
Recommendation Overweight, Target Price ₹1623
Q3 - weaker margins drove miss
Revenue decreased 6% year-on-year reflecting soft demand post festive
Adj. EBITDA fell 39% year-on-year owing to operating deleverage, commodity inflation and rupee depreciation
Stock aaj or kal
Jefferies On Afcons
Recommendation Buy; Target Price ₹440, Earlier Target ₹500
Order flow conversion key to recovery ahead
Management further downgraded FY26E revenue guidance to 5% after lowering it from 20-25% to 10% in Q2
Delayed payments, slow execution, and L1 conversion issues
9M order flow is down 82% year-on-year at Rs 26 billion though Rs 20000 crore FY26E guidance was retained
Jefferies on Max Financial
Recommendation Buy, Target Price ₹2130
VNB beat; Stays as top pick
Axis Max Life reported strong Q3 driven by higher APE growth & higher margins
Higher margins were driven by better product mix with a greater share of retail protection and a lower share of ULIPS
13M persistency ratio fell 200bps year-on-year, while other buckets rose by 100-400bps
MAX Financial remains a top pick
MOSL on Titan Company
MOSL maintains Buy rating with a target price of ₹5,000.
Delivered a strong 3QFY26, with 43% YoY growth in consolidated revenue.
Remain constructive on jewellery industry growth for top players.
Believe Titan with its exchange program and other initiatives, remains competitive.
Raise our EPS estimates by 3–5% for FY27 and FY28.
Model a CAGR of 23% in sales, 25% in EBITDA, and 27% in APAT over FY25–28E.
Citi on Titan Company
Citi maintain Neutral with target price of ₹4,750 raised from ₹4,125.
3Q jewellery revenue up 40% YoY (ex-bullion); EBIT margin down 60bps YoY.
Strong plain gold growth; studded mix weaker.
Buyer growth muted; sub-₹100k price segment under pressure.
Valuations full; cautious on medium-term margins.
CITI on Britannia Industries
Citi maintain Buy with target price of ₹7,250 raised from ₹7,000.
3Q mixed; revenue up 5% YoY, EBITDA up 7% YoY.
Gross margin supportive; margin reset likely in FY27E.
Formalization tailwinds; brand investments to continue.
Minor FY26–28 EPS tweaks; roll-forward valuation.
MOSL on Britannia Industries
MOSL maintains Buy rating with a target price of ₹7,150.
Focus on strengthening brand equity; levers in place.
Remains focused on strengthening distribution and brand equity to counter competition.
Expect the earnings growth trend to improve going forward.
Model a 12% and 14% revenue and PAT CAGR for FY26–28E.
CITI on Apollo Hospitals
Citi maintain Buy with target price of ₹9,600 unchanged.
3Q strong; core hospitals EBITDA margin at 25.3% (+210bps YoY ex new units).
Guides 13–14% revenue growth and 100bps margin expansion.
1,500 beds to be added through FY27–28.
HealthCo delivering strong growth; digital breakeven pushed to 1QFY27.
CITI on United Breweries
Citi maintain Sell with target price of ₹1,650 unchanged.
3Q volumes down 1.3% YoY; premium volumes weak.
Gross margin up 220bps YoY to 45.3%, though sustainability remains in question.
~50% of margin gains may not sustain amid persistent cost pressures from barley and aluminium.
Near-term volatility expected in volumes and margins.
Bernstein on PB Fintech
Bernstein on PB Fintech target ₹2210.
The key debate is commission regulation impact and not acquisition plans or AI-led insurance sales (yet).
Clarity on bottom-line impact of regulations.
Believe a deferral/shallow cuts to take-rates are in the price, while deeper cuts are not yet priced in.
Maintain that deep cuts are less likely given the nature of the push product, but the regulator is evaluating multiple options.
Recommendation: Outperform.
Morgan Stanley on BHEL
Tactical BUY target ₹304.
Believe the share price will rise over the next 60 days.
Believe this correction should be used to accumulate the stock.
Underlying fundamentals remain strong.
Expect new orders with better terms to start contributing to profits from FY27 onward.
Recommendation: Overweight.
- February 12, 2026 11:02
Quarterly Earnings Release I Q3 FY2025-26
1Point1 Solutions Reports Strong Financial Performance in Q3FY26
Revenues Up 9.1% QoQ, 17.7% YoY
EBITDA Up 5.2% QoQ, 11.3% YoY; PAT Up 20% YoY
1Point1 Solutions Limited (NSE: ONE POINT), a leading provider of AI-driven business process management (BPM) solutions, announced its financial results for the third quarter ended December 31, 2025, delivering robust growth across key financial and operational metrics.
1Point1 Solutions Limited revenue surges to ₹77.3 crore resulting in 9.1% quarter on quarter revenue growth.
•\u0009Revenue from Operations: Grew to ₹77.3 crore in Q3 FY2025-26 from ₹70.9 crore in Q2 FY2025-26, marking a substantial 9.1% quarter on quarter increase. Growth was driven by increasing ramp-up of programmes.
•\u0009EBITDA: Increased 5.16% from ₹21.7 crore in Q2 FY2025-26 from ₹22.8 crore in Q3 FY2025-26.
•\u0009PAT: Increased 2.6% from ₹ 9.9 crore Q2 FY2025-26 to ₹ 10.1 crore in Q3 FY2025-26.
During the quarter, the Company remained focused on deepening operational excellence by expanding AI-led automation across client programs and advancing its previously outlined international growth plans. Alongside these efforts, the Company continued to prioritise margin resilience while making targeted investments in talent, digital platforms, and next-generation BPM capabilities.
Commenting on the achievement, Mr. Akshay Chhabra, Chairman & Managing Director, 1Point1 Solutions Ltd, said, “Our Q3 performance demonstrates steady execution of our strategic priorities across revenue growth, profitability, and global expansion initiatives. We continued to strengthen our technology-led BPM and automation capabilities, expanded key client engagements, and made progress on strategic partnerships and acquisition opportunities. The operational momentum, combined with disciplined cost management, underscores our commitment to delivering sustained value to clients, employees, and shareholders as we scale in priority markets.”
Mr. Sunil Jha, Chief Financial Officer, 1Point1 Solutions Ltd , quoted, “The quarter delivered a stable financial performance, supported by disciplined cost management, improved utilization, and steady margins. Cash flows remained healthy and the balance sheet continued to be managed prudently, while we invested selectively in technology, people, and growth initiatives. Our focus remains on maintaining profitability and supporting the company’s long-term growth.”
- February 12, 2026 11:01
Stock Market Live Updates: Securities in Ban For Trade Date 12-FEB-2026: 1. SAMMAANCAP; 2. SAIL
- February 12, 2026 11:01
Stock market live updates: Morning Updates
Nifty Highest OI
(17th Feb Expiry)
Call:26000/Put: 24500
Nifty Spot - 25953
Nifty 50 EMA - 25705
Nifty 200 EMA - 25210
Nifty 100 PE 22.2
Nifty PCR - 1.02
NiftyCash Market Volume - 94k Cr
FII Index Long Futures remained at constant at 22%
S&P 500 : 0.01%
Brent Futures : 69.7
Dollar Index : 96.8
USD INR. : 90.7
- February 12, 2026 10:54
Hindustan Unilever Q3 revenue rises 5.7%, profit more than doubles
- February 12, 2026 10:48
Gold slips on firmer dollar after strong US jobs data
- February 12, 2026 10:48
Nifty Prediction Today – February 12, 2026: Nifty futures: Important support ahead
- February 12, 2026 10:33
Q3 updates: Stock Market Live: HUL Q3 net profit jumps to ₹7,075 crore; board approves Zywie stake buy and Nutritionalab exit; shares down 2% at ₹2,422.40
Hindustan Unilever reported standalone net profit for the quarter ended December 2025 at Rs 7,075 crore compared to Rs 2,690 crore in the same quarter last year.
The board has also approved the acquisition of the balance stake of 49% in Zywie for cash consideration of Rs 824 Crore and the the sale of Company’s entire 19.8% shareholding in Nutritionalab.
Shares traded at Rs 2,422.40 on the NSE, down 2%.
- February 12, 2026 10:31
Stock in focus: Lenskart shares jump 13% after blockbuster Q3 earnings
- February 12, 2026 10:28
Commodities trend: Crude oil futures gain as markets monitor US-Iran developments
- February 12, 2026 10:28
IT stocks drag markets lower as Nifty, Sensex open in red; banking stocks provide support
- February 12, 2026 10:27
Stock in focus: Lenskart Solutions rises 9.3% after reporting multi-fold profit growth on higher prescription eyewear sales
- February 12, 2026 10:25
Stock in focus: Divi’s Labs slips 2% to ₹6,271 after positive open; Q3 standalone net profit at ₹598 crore
Divi’s Laboratories stock declined 2% to Rs 6271 on the NSE at 10.22 am after a positive opening at Rs 6,448 against the previous close of Rs 6,386.50. It posted a standalone net profit of Rs 598 crore during the December 2025 quarter,
- February 12, 2026 10:21
Stock Market Live: Zaggle signs agreement with Rebel Foods; shares flat at ₹294.75
Zaggle Prepaid Ocean Services Limited (Zaggle) has entered into an agreement with Rebel Foods Private Limited.
Zaggle shares flat on the NSE at Rs 294.75.
- February 12, 2026 10:20
Stock Market Live: M&M trades flat at ₹3,646 after 33% jump in Q3 standalone profit to ₹3,931 crore
M&M shares traded flat on the NSE at Rs 3,646 after moderating between 3,613- 3,699. It reported a 33% increase in standalone profit to ₹3,931 crore in Q3FY26.
- February 12, 2026 10:20
Lenskart shares rally, LG Electronics tumble following Q3 results. Follow our live updates
Q3 Results 12th Feb Live: Hindustan Unilever, ONGC, Hindustan Aeronautics, Coal India, Hindalco, 3M India, Abbott India, Muthoot Finance, Lupin, Indian Hotels, Bharat Forge, IRCTC to announce Q3 results, Ashok Leyland, M&M, Lenskart, Divi’s Lab, Godrej, Patanjali, AstraZeneca shares in focus
Q3 Results Today, 12th Feb 2026 Live Updates: Find all the latest Q3 results 2026 updates of Hindustan Unilever, Oil and Natural Gas Corporation, Hindustan Aeronautics, Coal India, Hindalco Industries, Muthoot Finance, Lupin, Indian Hotels Company, Bharat Forge, Biocon, Abbott India, IRCTC – Indian Railway Catering & Tourism Corporation, PI Industries, Petronet LNG, 3M India, Gujarat Fluorochemicals Limited, Endurance Technologies, CRISIL, Indraprastha Gas, Deepak Nitrite, KIOCL, Schneider Electric Infrastructure, Aditya Infotech, EID Parry (India), Travel Food Services, Natco Pharma, Fine Organics Industries, Cohance Lifesciences, Welspun Living, Tega Industries, Vedant Fashions, Lumax Auto Technologies, Ingersoll Rand (India), Titagarh Rail Systems, Inox India, Engineers India, Shaily Engineering Plastics, Time Technoplast, Banco Products (India), MMTC, Honasa Consumer, Astra Microwave Products, Sudarshan Chemical Industries, Rashtriya Chemicals and Fertilisers, Redtape, Mishra Dhatu Nigam, Shadowfax Technologies, Jai Balaji Industries, Praj Industries, Puravankara, Senco Gold, Balu Forge Industries, Ajax Engineering, VIP Industries, Midwest, RattanIndia Enterprises, CMS Info Systems, Hindustan Construction Company, Unimech Aerospace and Manufacturing, Entero Healthcare Solutions, HG Infra Engineering, Knowledge Marine & Engineering Works, SpiceJet, Zaggle Prepaid Ocean Services, Uflex, TVS Srichakra, City Pulse Multiventures, West Coast Paper Mills, Bharat Rasayan, Insolation Energy, Premier Explosives, Alembic, Sundrop Brands, Gujarat Industries Power Company, Bajaj Hindusthan Sugar, Indian Hume Pipe Company, Rhetan TMT, Kernex Microsystems (India), Mahanagar Telephone Nigam, Hindware Home Innovation, Divgi TorqTransfer Systems, Mukand, Nitco, Simplex Infrastructures, Garuda Construction and Engineering, DCX Systems, Frontier Springs, Yasho Industries, Arman Financial Services, Unitech, NIBE, LKP Finance, SPML Infra, HMA Agro Industries, Jagran Prakashan, Genesys International Corporation, Sumeet Industries, Everest Kanto Cylinder, Renaissance Global, Saraswati Commercial (India), Chaman Lal Setia Exports, Cropster Agro, Syncom Formulations, Platinum Industries, Elpro International, Faze Three, The Hi-Tech Gears, Paramount Communications, Rupa and Company, Kwality Pharmaceuticals, Solex Energy, Matrimony.com, Oriental Aromatics, Lincoln Pharmaceuticals, Stanley Lifestyles, Deccan Cements, Integrated Industries, Titan Biotech, Aeroflex Enterprises, Kellton Tech Solutions, Maan Aluminium, Concord Enviro Systems, Uttam Sugar Mills, Viviana Power Tech, IST, Z-Tech India, Denta Water and Infra Solutions, Hazoor Multi Projects, Mac Charles (India), Munjal Auto Industries, Praveg, TVS Electronics, Oswal Greentech, PVP Ventures, Mercury EV-Tech, Mukka Proteins, Oswal Agro Mills, Chemcon Speciality Chemicals, Coffee Day Enterprises, Tuticorin Alkali Chemicals and Fertilizers, Satia Industries, Corporate Merchant Bankers, United Polyfab Gujarat, Hindustan Composites, NINtec Systems, Euro India Fresh Foods, Uni Abex Alloy Products, Zee Media Corporation, HLV, Sukhjit Starch and Chemicals, S Chand and Company, Aryaman Capital Markets, Emami Paper Mills, Primo Chemicals, GFL, Shalimar Paints, Foods and Inns, Suratwwala Business Group, Artemis Electricals and Projects, Sutlej Textiles and Industries, Delton Cables, Shish Industries, Digispice Technologies, RPP Infra Projects, Black Rose Industries, Singer India, Euro Panel Products, Nandan Denim, Vraj Iron & Steel, Softtech Engineers, Remsons Industries, Anjani Portland Cement, Shah Metacorp, Triton Valves, Mold-Tek Technologies, Medico Remedies, Fratelli Vineyards, Moneyboxx Finance, Aerpace Industries, Balgopal Commercial, Stellant Securities (India), HP Adhesives, Mangalam Organics, Keltech Energies, Artificial Electronics Intelligent Material, Sheetal Cool Products, Tiger Logistics India, Hampton Sky Realty, Coastal Corporation, Dhabriya Polywood, Apollo Sindoori Hotels, DC Infotech and Communication, Kanoria Chemicals and Industries, Mizzen Ventures, Uday Jewellery Industries, Nova Agritech, Waterbase, Vashu Bhagnani Industries, Indag Rubber, Kerala Ayurveda, Rajapalayam Mills, Vaarad Ventures, Arihant Academy, Naga Dhunseri Group, Oil Country Tubular, VMS TMT, Ucal, Osia Hyper Retail, Diamines and Chemicals, Competent Automobiles Company, Univastu India, VTM, VIP Clothing, Narmada Gelatines, Graviss Hospitality, The Indian Wood Products Company, Elgi Rubber Company, KPT Industries, Sakthi Sugars, Lancor Holdings, Xelpmoc Design and Tech, Trident Texofab, Mahalaxmi Rubtech, Synthiko Foils, Ambalal Sarabhai Enterprise, Abate AS Industries, Jyoti, Equippp Social Impact Technologies, Jullundur Motor Agency Delhi, Paul Merchants, Sayaji Industries, Aayush Wellness, Baroda Extrusion, CP Capital, IP Rings, Keynote Financial Services, Lakshmi Mills Company, Kamdhenu Ventures, Ishan Dyes and Chemicals, Prajay Engineers Syndicate, DCM, Remi Edelstahl Tubulars, Bilcare, Tamboli Industries, Aartech Solonics, Available Finance, Mukta Arts, Ausom Enterprise, Sadbhav Infrastructure Projects, Crown Lifters, Coral India Finance and Housing, Intrasoft Technologies, Weizmann, Navkar Urbanstructure, J A Finance, Pharmaids Pharmaceuticals, Bodhi Tree Multimedia, Maharashtra Apex Corporation, Hindustan Organic Chemicals, Hindustan Hardy, Thacker and Company, Escorp Asset Management, Saptarishi Agro Industries, Globus Constructors & Developers, Ceenik Exports (India), Ducon Infratechnologies, Vishwaraj Sugar Industries, Shreeoswal Seeds & Chemicals, Kaira Can Company, India Sucrose, Anik Industries, Regency Ceramics, GTL, Tyche Industries, Sakthi Finance, Inventure Growth and Securities, Dachepalli Publishers, Panasonic Carbon India, BAG Films and Media, Novelix Pharmaceuticals, Optimus Finance, Standard Industries, Shervani Industrial Syndicate, Lykis, Cravatex, Variman Global Enterprises, F Mec International Financial Services, Titan Securities, Motor and General Finance, Pioneer Embroideries, Patel Integrated Logistics, T and I Global, Sylph Industries, Shri Vasuprada Plantations, Prime Industries, Chartered Capital and Investments, Nagreeka Exports, Wallfort Financial Services, Shalimar Wires Industries, Aakash Exploration Services, Accel, Royal Cushion Vinyl Products, Transwarranty Finance, Hilltone Software and Gases, Universal Autofoundry, SecureKloud Technologies, Riba Textiles, Royal India Corporation, VSF Projects, AKI India, Dhruva Capital Services, Ceeta Industries, Team24 Consumer Products, Morgan Ventures, Anmol India, Alliance Integrated Metaliks, Delta Manufacturing, Mysore Petro Chemicals, Banka Bioloo, Choksi Asia, Royale Manor Hotels and Industries, Globalspace Technologies, Vishal Bearings, Gayatri Highways, B N Rathi Securities, Elegant Marble and Granite Industries, Bhakti Gems and Jewellery, Mohite Industries, Gujarat Craft Industries, Caspian Corporate Services, Aimco Pesticides, Superior Industrial Enterprises, KSR Footwear, Dhansafal Finserve, Mefcom Capital Markets, Binny Mills, Sharika Enterprises, Oriental Trimex, Auri Grow India, Modern Engineering and Products, Karma Energy, Savera Industries, Gokak Textiles, U H Zaveri, Ruparel Food Products, Prime Property Development Corporation, Welcure Drugs and Pharmaceuticals, Trans India House Impex, Austin Engineering Company, GKB Ophthalmics, Ambica Agarbathies & Aroma Industries, Sainik Finance & Industries, GSS Infotech, Archidply Decor, Relic Life Science, Tamilnadu Telecommunications, Lerthai Finance, Advance Metering Technology, Rasandik Engineering Industries (India), Pritish Nandy Communications, Vantage Knowledge Academy, Ajcon Global, IndiaNivesh, Yamini Investments, Bervin Investment and Leasing, Picturehouse Media, Salem Erode Investments, Centennial Sutures, Kanani Industries, Johnson Pharmacare, Pearl Polymers, Envair Electrodyne, Williamson Magor and Company, Mediaone Global Entertainment, Khandwala Securities, Epuja Spiritech, Dynamic Portfolio Management & Services, Lake Shore Realty, Kandagiri Spinning Mills, Standard Batteries, Tradewell Holdings, Balurghat Technologies, Vivanta Industries, Sonal Adhesives, Prima Industries, Narendra Properties, Global Offshore Services, TTI Enterprise, National General Industries, Colorchips New Media, Lesha Industries, Visagar Financial Services, Reliable Ventures India, Rajasthan Petro Synthetics, Esaar (India), Intec Capital, GTN Industries, Cosyn, Sharpline Broadcast, Vamshi Rubber, Tijaria Polypipes, Zenith Healthcare, Golden Legend Leasing and Finance, Starsource Multitrade, Comfort Commotrade, Raunaq International, Square Four Projects India, Ras Resorts and Apart Hotels, NPR Finance, ECS Biztech, Eastern Treads, Daulat Securities, SSPD, BKV Industries, Munoth Financial Services, Sri Nachammai Cloth Mills, GKP Printing & Packaging, Blue Chip India, Thakral Services (India), Typhoon Financial Services, Usha Martin Education and Solutions, Sabrimala Industries, New Light Industries, India Lease Development, Shyam Telecom, Octal Credit Capital, 7NR Retail, Kush Industries, IGC Foils, Dhan Jeevan, Prima Agro Products, Newtrac Foods and Beverages, AVI Photochem, Yashraj Containeurs, East Buildtech, Integrated Proteins, Pasari Spinning Mills, Manipal Finance Corporation, Euro Leder Fashion, Aadi Industries, Hasti Finance, Millennium Online Solutions (India), Amit International, International Data Management, Ambitious Plastomac, Voltaire Leasing & Finance, Ashiana Agro Industries.
- February 12, 2026 10:20
Stock in focus: Ashok Leyland rises 3% after Q3 net profit climbs 5% to ₹862 crore
Ashok Leyland stock rose 3% in early trade to Rs 212.20.
It reported a 5% increase in consolidated net profit to ₹862 crore in the quarter ended December 2025 (Q3FY26)
- February 12, 2026 10:19
Currency market updates: Rupee rises 38 paise to 90.40 against US dollar in early trade
- February 12, 2026 10:18
Stock in focus: LG Electronics India shares tumble over 8% after weak Q3
- February 12, 2026 09:59
Stock Market Live: Nifty IT index drops 4.6% amid AI concerns; Coforge, Infosys, Mphasis among top losers
Nifty IT index fell 4.6% to 33,471.55 against the previous close of 35,095.15 amid AI fears. Top losers include: Coforge (-4.92%), Infosys (-4.62%), Mphasis (-4.30%), LTIMindtree (-4.15%), Tech Mahindra (-4.11%)
- February 12, 2026 09:52
Stock Market Live: Adani Power forms new subsidiary Adani Atomic Energy; shares down 1% to ₹149.14
Adani Power has incorporated a Wholly Owned Subsidiary (“WOS”), namely, Adani Atomic Energy Limited.
Shares down 1% on the NSE to Rs 149.14.
- February 12, 2026 09:52
Stock Market Live: Zydus Pharma USA settles with Astellas over Myrbetriq; shares up 1% to ₹908.05
Zydus Pharmaceuticals USA, Inc., USA, a wholly owned subsidiary of Zydus Lifesciences, entered into a Settlement Agreement with Astellas in relation to Astellas’ Myrbetriq® (generic name: Mirabegron).
Shares up 1% on the NSE to Rs 908.05
- February 12, 2026 09:51
Stock Market Live: Ceigall Infra wins ₹2,160 crore NHAI road project in Bihar; shares flat at ₹298.45
Ceigall Infra Secures ₹2,160 Crore NHAI HAM Road Project in Bihar
Ceigall India shares flat on the NSE at Rs 298.45
- February 12, 2026 09:41
Stock Market Live: Marine Electricals secures Rs 15.15 crore order from Aurionpro Solutions; stock down 2%
Marine Electricals (India) has received orders totaling Rs. 15.15 crores (excluding taxes) from Aurionpro Solutions. The orders pertain to the supply of power distribution unit. The delivery of these goods is scheduled to be completed over a period of 12 months.
Marine Electricals stock traded at Rs 190.42 on the NSE, down 2%.
- February 12, 2026 09:40
Nifty Today: Top gainers, losers
Top gainers of Nifty 50:
ICICI Bank (+1.28%), Eicher Motors (+0.75%), SBI (+0.65%), NTPC (+0.63%), BEL (+0.46%)
Top losers:
Infosys (-5.02%), HCL Tech (-4.55%), TCS (-4.45%), Wipro (-4.24%), Eternal (-2.39%)
- February 12, 2026 09:39
Commodities market live: Crude oil futures edge higher on US-Iran tensions; Brent tops $69, WTI nears $65
Crude oil futures traded higher on Thursday morning as markets continued to focus on US-Iran tensions with market players concerned that any military action could pose a risk to oil supplies. At 9.32 am on Thursday, April Brent oil futures were at $69.72, up by 0.46 per cent, and March crude oil futures on WTI (West Texas Intermediate) were at $64.97, up by 0.53 per cent. February crude oil futures were trading at ₹5888 on Multi Commodity Exchange (MCX) during the initial hour of trading on Thursday against the previous close of ₹5896, down by 0.14 per cent, and March futures were trading at ₹5897 against the previous close of ₹5907, down by 0.17 per cent.
- February 12, 2026 09:24
Opening Bell: Sensex falls 340 points, Nifty drops 93 points in early trade
Sensex fell 340.03 pts or 0.40% to 83,893.61 at 9.17 am after opening at 83,968.43 against the previous close of 84,233.64, and Nifty 50 declined by 93.30 pts or 0.36% to 25,860.55.
- February 12, 2026 08:57
Currency market updates: Rupee bias mildly on upside after limited impact from US payroll surprise
- February 12, 2026 08:56
Bharat Heavy Electricals Ltd (BHEL)- Offer for Sale
Issue Period:- 11-Feb-26 to 12-Feb-26
For Non- Retail ( QIB +HNI ) open & close date :- 11-Feb-26
For Retail open & close date – 12-Feb-26 (Today)
Floor Price: Rs “254.00”
Closing Price on date of announcement: Rs. 276.10\u0009
Current Market Price: Rs. 260.80
Base Issue size: 10.45 Crs Shares – 3.00% of O/S Capital
Green Shoe Issue size: 6.96 Crs Shares – 2.00% of O/S Capital
Total Issue Size: 17.41 Crs equity shares (Rs 4,422.22 Cr) – 5.00% of O/s Capital
Non-Retail Portion (QIB + HNI) - 90% of Offer Size - Bidding on :- 11-Feb-26
Total Issue Size: 15.67 Crs shares (Rs 3,980.00 Cr)
Non- Retail Clearing Price: Rs 255.30.
Retail Portion - 10% of Offer Size - Bidding on 12-Feb-26 (Today)
Total Issue Size: 1.74 Crs equity shares (Rs 442.22 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. 255.30
- February 12, 2026 08:54
Debt market updates: Indian government bonds may surrender some recent gains as US yields rebound after jobs data
- February 12, 2026 08:54
Stock in focus: Zydus Lifesciences resolves US patent dispute on bladder drug with $120 mn settlement
- February 12, 2026 08:18
Global markets steady as EU pushes autonomy, Asia hits record highs, US growth mixed
Eurozone:
EU leaders are pushing strategic autonomy cutting reliance on the US/China, deepening the single market, scaling firms, and advancing initiatives like the digital euro and industrial competitiveness reforms. European equities remain resilient near highs, supported by commodities/energy strength despite mixed macro signals.
France:
France expects modest but stable growth (~0.2–0.3% q/q) with improving business confidence supporting activity despite global trade risks.
United Kingdom:
UK policymakers see closer EU economic ties as key for growth while housing markets show early recovery signs amid easing uncertainty.
Italy:
Italy’s industrial sector shows tentative recovery - monthly weakness but improving quarterly and yearly trends after a long manufacturing slump.
Japan:
Japanese equities continue a strong rally (record-zone levels) supported by policy stimulus expectations and currency/price dynamics.
China:
China is reshaping trade toward high-tech export dominance while pushing AI infrastructure coordination and slower coal expansion.
South Korea:
Korean equities are near record highs and helping push Asian markets to historic levels, led by tech and autos strength. 
India:
India plans to modernize economic measurement by updating base years for CPI, GDP, and IIP every 3–5 years to reflect structural shifts.
Australia:
Australia’s central bank remains hawkish, warning rates may rise again if inflation proves sticky.
Asia:
Asian stocks are hitting record highs, driven mainly by tech sector strength and improved risk appetite.
United States:
US growth remains mixed - strong recent jobs data supports a Fed rate pause, but weak 2025 revisions and rising fiscal deficits highlight underlying structural concerns.
Source: Reuters
- February 12, 2026 08:17
Stock market live: BIG SELL OFF IN IT ADRs
Infosys ADR -5%
Wipro -4.4%
Globant -7.5%
EPAM -7%
Accenture -4.3%
Cognizant -4.9%
- February 12, 2026 08:14
Corporate actions
BHEL: OFS subscribed 2.3x on Day 1. (Neutral)
List of stocks included in the short term ASM Framework: Bajaj Consumer, MTAR Tech, Sindhu Trade (Neutral)
List of stocks excluded from ASM Framework: Servotech Renewable, Sterlite Technologies. (Neutral)
Gateway Distriparks Ltd Ex-Date Today, Interim and Special Dividend - Rs. – 2.0 (Neutral)
Procter & Gamble Health Ltd Ex-Date Today, Interim and Special Dividend - Rs. – 160.0 (Neutral)
Repco Home Ltd Ex-Date Today, Special Dividend - Rs. –2.0 (Neutral)
Snowman Logistics Ltd Ex-Date Today, Interim Dividend - Rs. – 0.50 (Neutral)
Star Cement Ltd Ex-Date Today, Interim Dividend - Rs. – 1.0 (Neutral)
Sun TV Network Ltd Ex-Date Today, Interim Dividend - Rs. – 2.50 (Neutral)
Axita Cotton Ltd Ex-Date Tomorrow, Bonus issue 1:10 (Neutral)
BEML Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 2.50 (Neutral)
BLS International Services Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 2.0 (Neutral)
Delphi World Money Ltd Ex-Date Tomorrow, Bonus issue 2:1 (Neutral)
Delphi World Ltd Ex-Date Tomorrow, Stock Split from Rs.10/- to Rs.2/- (Neutral)
Dynamatic Technologies Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 5.0 (Neutral)
Gothi Plascon India Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 2.0 (Neutral)
Hindustan Copper Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 1.0 (Neutral)
Mazagon Dock Shipbuilders Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 7.50 (Neutral)
Minda Corporation Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 0.60 (Neutral)
MRF Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 3.0 (Neutral)
NMDC Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 2.50 (Neutral)
Route Mobile Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 3.0 (Neutral)
Shivalik Bimetal Controls Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 2.0 (Neutral)
S H Kelkar and Company Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 1.0 (Neutral)
Sonata Software Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 1.25 (Neutral)
Sreeleathers Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 1.0 (Neutral)
VRL Logistics Ltd Ex-Date Tomorrow, Interim Dividend - Rs. – 5.0 (Neutral)
- February 12, 2026 08:13
Corporate Moves
Kernex Microsystems: Company Bags an order worth Rs 411.17 crore from Banaras Locomotive Works for the supply, installation and commissioning of KAVACH loco systems (Positive)
Divgi TorqTransfer: Company received an exclusive order from Mahindra & Mahindra for transfer case systems. (Positive)
Carraro: Company approved capital expenditure of ₹623M to increase manufacturing capacity from 134,028 axles to 154,160 axles. (Positive)
Pace Digitek: Company wins order for 250 MW solar PV plant with 250 MW / 1,100 MWh BESS. (Positive)
Sarda Energy: Company receives approval for mine expansion. (Positive)
Ather Energy: Block buyers include ADIA, Societe Generale. (Positive)
Power Grid: Company wins bid for MH transmission project. (Positive)
Shreeji Shipping: Company signs port handling agreement. (Positive)
Paradeep: Zuari Maroc Phosphates, Promoter, acquires 10 lk shares. (Positive)
Kalyan Jewellers: TS Kalyanaraman, Promoter & Director, acquires 4.49lk shares.. (Positive)
LTIMindtree: Company Board approves name change to LTM from LTIMindtree (Neutral)
*Netweb: Media sources say that promoters likely to sell up to 3% stake via block deals. (Neutral)
Federal Bank: RBI approves ICICI Prudential AMC to acquire up to 9.95% stake in bank (Neutral)
RBL Bank: RBI approves ICICI Prudential AMC to acquire up to 9.95% stake in bank (Neutral)
IDFC First Bank: RBI approves ICICI Prudential AMC to acquire up to 9.95% stake in bank (Neutral)
Bandhan Bank: RBI approves ICICI Prudential AMC to acquire up to 9.95% stake in bank (Neutral)
Karur Bank: RBI approves ICICI Prudential AMC to acquire up to 9.95% stake in bank (Neutral)
Equitas Small Finance: RBI approves ICICI Prudential AMC to acquire up to 9.95% stake in bank (Neutral)
Eldeco: Company has executed ₹110 crore term loan agreement with Piramal Finance (Neutral)
- February 12, 2026 08:12
Debt market updates: BSE launches new 4-8 year and 8-13 year G-Sec indices to boost passive investing
BSE Index Services, a subsidiary of the Bombay Stock Exchange (BSE), has launched two new Government Securities (G-Sec) indices to support passive investment strategies and provide better benchmarking in the Indian debt market.
The new indices, announced on February 11, 2026, are:
🔸BSE 4-8 Year G-Sec Index
🔸BSE 8-13 Year G-Sec Index
These indices track the performance of the top three most liquid Government Securities within their respective maturity ranges (residual maturity of 4-8 years for the first, and 8-13 years for the second). To qualify, securities must have an outstanding issuance exceeding ₹7,500 crore. The indices are reconstituted monthly and are weighted by turnover and outstanding amount. They have a base value of 100, with the first value date set as August 31, 2015.
These additions allow for more targeted exposure to mid- to longer-duration G-Secs, complementing existing benchmarks.
They are designed for use in:
🔸Passive strategies like ETFs (Exchange-Traded Funds) and index funds
🔸Benchmarking for PMS (Portfolio Management Services) strategies
🔸Mutual fund schemes and other fund portfolios
According to a statement from BSE Index Services:
“Investors can now access a broader spectrum of market opportunities, further enriching their investment strategies with this latest addition to BSE’s suite of indices.”
The launch aims to deepen debt market benchmarking and provide investors with more granular tools for government bond exposure in the Indian fixed-income space. This comes amid growing interest in passive debt products and follows BSE’s ongoing expansion of its index offerings (including recent sector-specific ones like hospitals).
- February 12, 2026 08:08
Commodities update: Trump hails US energy exports after trade deals with India, Japan, South Korea
- February 12, 2026 07:49
Sectoral insights: Auto sector rallies as strong Q3 earnings and regulatory tailwinds drive breakout
On Feb 11, the Auto and Auto Ancillaries space delivered a strong positive breakout. The BSE Auto index surged, with multiple stocks hitting fresh 52-week highs or all-time highs amid robust Q3 earnings, improving demand (especially rural & CV), premiumization trends, EV adoption, and regulatory tailwinds on safety & emissions.
This isn’t random. India’s auto sector is in a multi-year structural upcycle driven by:
Demand Recovery — Strong volume growth in PVs, CVs, and 2Ws.
Electrification — E-buses, EVs, and higher electronic content per vehicle.
Safety Regulations — ESC, ADAS, AEBS mandates boosting electronic systems & content.
Exports & Premiumization — Strong global demand + shift to higher-margin products.
Earnings Momentum — Many companies reporting margin expansion and beat expectations.
Key Stocks That Made New Highs Yesterday / Recent Sessions
1. ZFCV India Hit fresh 52-week high ~₹16,024. Transitioning strongly into regulation-led electronic safety & control systems. ESC on buses live, ADAS nominations secured, and ~5x content on e-buses. Backed by global ZF Group. Strong Q3.
2. Samvardhana Motherson International (MOTHERSON) Broke into new 52-week high (~₹135+) after solid Q3 beat — revenue record, profit growth, and strong execution across wiring harnesses, modules & global operations.
3. Ashok Leyland Touched new 52-week high of ₹212.5. CV leader benefiting from fleet replacement, infrastructure push, and improving profitability.
4. Eicher Motors Surged up to 7% intraday, hitting record highs. Royal Enfield + Volvo Eicher strong momentum on premium bikes and CVs, with excellent Q3 margins.
5. Sansera Engineering All-time high (~₹2,137). Auto components exporter with sharp US export growth (~50% jump reported) and diversification tailwinds.
Other Notables Touching Highs:
⬆️Force Motors
⬆️Lumax Auto Tech / Lumax Ind.
⬆️Craftsman Automation
⬆️CIE Automotive (strong intraday surge)
The broader auto ancillary pack (brakes, suspensions, electronics, forging, etc.) is participating strongly as OEMs ramp up localization and advanced tech adoption.
Why This Breakout Matters
Auto & ancillaries form the backbone of India’s manufacturing renaissance. With FAME-III expectations, BS-VI Phase 2, safety norms, and potential trade deals boosting exports, the sector is seeing higher realisations, better margins, and content-per-vehicle upgrades — especially in electronics, safety, and EV components.
After a period of consolidation in many names, the earnings season has acted as a catalyst. Rural recovery + urban premium demand is creating a balanced growth story.
Sector Outlook Remains Constructive for 2026, led by:
➡️Electrification & electronics
➡️Export opportunities
➡️Regulatory-driven upgrades
- February 12, 2026 07:40
US Market trends: US job growth surprises in January as unemployment rate falls to 4.3%
US payrolls jumped by 130,000 in January, the largest increase in over a year, while the unemployment rate unexpectedly fell to 4.3%, signaling continued labor market stabilization at the start of 2026. Revised data for 2025 showed a slowdown, with average monthly gains of just 15,000, down from earlier estimates of 49,000.
- February 12, 2026 07:37
US Markets: Real estate services stocks fall sharply on AI disruption fears; CBRE, JLL, Cushman & Wakefield hit multi-year lows
Real estate services stocks fell sharply on Wednesday as investors weighed the potential impact of new artificial intelligence applications and tools that could disrupt multiple industries.
Shares of CBRE Group Inc. and Jones Lang LaSalle Inc. dropped 12%, while Cushman & Wakefield Ltd. fell 14%. For CBRE and Cushman & Wakefield, these were their largest declines since 2020 during the Covid-driven market selloff. - Agencies
- February 12, 2026 07:35
GujaratPipavav announces its Q3 results
👉Net Profit Up 8.6% At ₹107.9 Cr Vs ₹99.3 Cr (YoY)
👉Revenue Up 11.2% At ₹292.2 Cr Vs ₹262.8 Cr (YoY)
👉EBITDA Up 15.4% At ₹160 Cr Vs ₹138.7 Cr (YoY)
👉Margin At 54.8% Vs 52.8% (YoY)
- February 12, 2026 07:34
TorrentPower announces its Q3 results
👉Net Profit Up 35.2% At ₹643 Cr Vs ₹475.6 Cr (YoY)
👉Revenue Up 4.3% At ₹6,777.8 Cr Vs ₹6,499 Cr (YoY)
👉EBITDA Up 26.2% At ₹1,403 Cr Vs ₹1,111.9 Cr (YoY)
👉Margin At 20.7% Vs 17.1% (YoY)
- February 12, 2026 07:34
Max India — Q3 Results
* Net Loss: ₹42.85 cr vs loss of ₹44.52 cr YoY ↑ | loss of ₹34.8 cr QoQ ↓
* Revenue: ₹43.10 cr ↑24% YoY ↓5% QoQ
* EBITDA: loss of ₹34.53 cr vs loss of ₹29.64 cr YoY ↓ | loss of ₹30.26 cr QoQ ↓
* EBITDA Margin: -80.12% vs -85.32% YoY, -80.12% vs -67.01% QoQ
- February 12, 2026 07:33
Ashapuri Gold Ornament — Q3 Results
* Net Profit: ₹5.57 cr ↑8% YoY ↓34% QoQ
* Revenue: ₹91.24 cr ↓10% YoY ↓11% QoQ
* EBITDA: ₹8.00 cr ↑31% YoY ↓30% QoQ
* EBITDA Margin: 8.77% vs 6.03% YoY, 8.77% vs 11.19% QoQ
- February 12, 2026 07:33
BLOCK DEAL ALERT: NETWEB
Promoters to sell stake Rs 515 crores via block deals
Block floor price at Rs 3027 per share (4% DISCOUNT)
Promoters to sell upto 3% STAKE
Broker Term sheet shows
- February 12, 2026 07:32
Sectoral trends: India’s renewable energy stocks gain after US trade deal
- February 12, 2026 07:23
US Stocks: -Wall Street ends muted after strong jobs data nibbles at Fed rate cut bets
Indexes: Dow fell 0.13%; S&P 500 ~flat, Nasdaq off 0.16%
- February 12, 2026 07:23
Commodities update: Oil prices rise on concerns about US-Iran tensions
Oil prices edged up on Thursday morning as investors worried about escalating tensions between the U.S. and Iran.
Brent crude oil futures were up 34 cents, or 0.49%, at $69.74 a barrel at 0126 GMT. U.S. West Texas Intermediate crude rose 37 cents, or 0.57%, to $65.00. - Reuters
- February 12, 2026 07:17
Stock market updates: NIIF exits from Ather Energy through block deals
- February 12, 2026 07:12
Buzzing stocks: Hindalco, Netweb Tech, Federal Bank, Equitas SFB, Radiant CMS, Kernex Micro shares to remain in focus on Thursday
- February 12, 2026 07:02
Corporate moves: UAE-based Trueledger explores up to 20% stake in Silverline Technologies
- February 12, 2026 06:54
Stock market updates: Piyush Goyal urges exporters to fully utilise free trade agreements
- February 12, 2026 06:43
Corporate moves: Vedanta moves Madras HC as TNPCB rejects its ‘green copper’ proposal at Thoothukudi Sterlite plant
- February 12, 2026 06:42
WATCH: Today's Stock Recommendation
- February 12, 2026 06:40
Trading Guide for February 12, 2026: Intraday supports, resistances for Nifty50 stocks
- February 12, 2026 06:40
Stock to buy today: TVS Motor Company
Published on February 12, 2026
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