Budget 2026: All You Need To Know Going Into Trade On Feb 1

Good morning!

The GIFT Nifty is trading marginally lower at 25,359.50, indicating a flat to negative open for the benchmark index. US and European index futures are trading mixed during Asian trading hours.

• S&P 500 futures are down 0.43%.
• Euro Stoxx 50 futures up 0.95%.

US Market Wrap

The US and Asian markets are closed for trading on Saturday and Sunday. 

Commodity Check

Gold experienced its steepest drop in more than 40 years on Friday, while silver saw an unprecedented intraday collapse, abruptly reversing the surge that had recently driven both metals to record highs.

Gold tumbled over 12%, sliding below $5,000 per ounce in what marked its sharpest single-day fall since the early 1980s. Silver was hit even harder, plunging up to 36% in its largest intraday decline on record as the selloff rippled across the broader metals market.

Key Events To Watch

• Union Budget to be tabled and presented by FM Nirmala Sitharaman in parliament. 
• Auto Sales data for January.

Market Recap

The Nifty declined 98.25 points 0.39% to end at 25,320.65 while Sensex fell 296.59 points, or 0.36%, to 82,269.78at close. 

In the broader market, the Nifty Midcap index eased 0.19%, whereas the Small-capindex gained 0.32%.

On the sectoral front, the metal index saw a sharp 5% drop. Oil & gas, banking, IT and energy indices also ended lower, falling between 0.5% and 1%. Meanwhile, pharma, media, consumer durables and FMCG stocks outperformed, rising in the range of 0.7% to 1.8%.

Earnings To Watch

Aarti Industries, Akzo Nobel India, Ather Energy, Awfis Space Solutions, Bajaj Housing Finance, Campus Activewear, Chalet Hotels, Corona Remedies, City Union Bank, eMudhra, Honeywell Automation India, Hyundai Motor India, Indus Towers, Interarch Building Solutions, Mahindra Lifespace Developers, Olectra Greentech, Paradeep Phosphates, PG Electroplast, PB Fintech, RailTel Corporation of India, Saksoft, Tata Chemicals, Thermax, Transrail Lighting, UPL, Utkarsh Small Finance Bank, Veedol Corporation, Ventive Hospitality, WPIL

Earnings Post Market Hours

Bajaj Auto Q3 FY26 (YoY)
Revenue up 18.8% at Rs 15,220 crore versus Rs 12,807 crore
Ebitda up 22.5% at Rs 3,161 crore versus Rs 2,581 crore
Margin at 20.8% versus 20.2%
Net Profit up 18.7% at Rs 2,503 crore versus Rs 2,109 crore

NTPC Q3 FY26 (YoY)
Revenue down 1.8% at Rs 40,644 crore versus Rs 41,369 crore
Ebitda up 0.1% at Rs 11,992 crore versus Rs 11,977 crore
Margin at 29.5% versus 29%
Net Profit up 5.8% at Rs 4,987 crore versus Rs 4,711 crore

To pay interim dividend of Rs 2.75/share

Bank of Baroda Q3 FY26 (YoY)
Revenue (NII) up 0.1% at Rs 11,800 crore versus Rs 11,786 crore
Net Profit up 4.5% at Rs 5,055 crore versus Rs 4,837 crore;
Operating profit down 3.7% at Rs 7,377 crore versus Rs 7,664 crore;
Provisions down 26.2% at Rs 799 crore;
Gross NPA flat at 0.57% QoQ;
Net NPA at 1.09% versus 1.07% QoQ

Meesho Q3 FY26 (Cons, YoY)
Revenue up 31.6% at Rs 3,518 crore versus Rs 2,674 crore
Ebitda loss at Rs 539 crore versus loss of Rs 136 crore
Net Loss at Rs 491 crore versus loss of Rs 37.4 crore

KEC International Q3 FY26 (Cons, YoY)
Revenue up 12.2% at Rs 6,001 crore versus Rs 5,349 crore
Ebitda up 14.8% at Rs 430 crore versus Rs 374 crore
Margin at 7.2% versus 7%
Net Profit down 1.6% at Rs 127 crore versus Rs 130 crore;

One‑time cost of Rs 58.8 crore in Q3

Jindal Steel Q3 FY26 (Cons, QoQ)
Revenue up 11.5% at Rs 13,027 crore versus Rs 11,686 crore
Ebitda down 21.5% at Rs 1,634 crore versus Rs 2,081 crore
Margin at 12.5% versus 17.8%
Net Profit down 70.3% at Rs 189 crore versus Rs 635 crore

DOMS Industries Q3 FY26 (Cons, YoY)
Revenue up 18.2% at Rs 592 crore versus Rs 501 crore
Ebitda up 17.8% at Rs 103 crore versus Rs 87.8 crore
Margin flat at 17.5%
Net Profit up 14.1% at Rs 57.9 crore versus Rs 50.7 crore

Intellect Design Arena Q3 FY26 (Cons, QoQ)
Revenue down 3.5% at Rs 731 crore versus Rs 758 crore
Ebit down 55.2% at Rs 46.9 crore versus Rs 105 crore
Margin at 6.4% versus 13.8%
Net Profit down 72.2% at Rs 28.4 crore versus Rs 102 crore;

Reappoints Anil Kumar Verma as Whole‑Time Director

Aadhar Housing Finance Q3 FY26 (YoY)
Revenue (Calculated NII) up 19% at Rs 485 crore versus Rs 407 crore
Net Profit up 17.5% at Rs 281 crore versus Rs 239 crore;

To reduce RPLR by 15 bps from Feb 10

Chola Finance Q3 FY26 (Cons, YoY)
Revenue (Calculated NII) up 24% at Rs 3,587 crore
Net Profit up 18.5% at Rs 1,289 crore versus Rs 1,088 crore;

To pay interim dividend of Rs 1.3/share

Aster DM Healthcare Q3 FY26 (Cons, YoY)
Revenue up 12.9% at Rs 1,186 crore versus Rs 1,050 crore
Ebitda up 11.7% at Rs 211 crore versus Rs 189 crore
Margin at 17.8% versus 18%
Net Profit down 7.6% at Rs 52.5 crore versus Rs 56.8 crore

New India Assurance Q3 FY26 (Cons, YoY)
Revenue (Net Premium Earned) up 8.4% at Rs 9,717 crore
Net Profit up 9.5% at Rs 377 crore versus Rs 344 crore

Godfrey Phillips Q3 FY26 (Cons, YoY)
Revenue up 15.1% at Rs 1,829 crore versus Rs 1,589 crore
Ebitda up 5.2% at Rs 380 crore versus Rs 361 crore
Margin at 20.8% versus 22.7%
Net Profit up 8.7% at Rs 343 crore versus Rs 316 crore

Blue Dart Q3 FY26 (Cons, YoY)
Revenue up 6.9% at Rs 1,616 crore versus Rs 1,512 crore
Ebitda up 17.4% at Rs 281 crore versus Rs 239 crore
Margin at 17.4% versus 15.8%
Net Profit down 15.7% at Rs 68.3 crore versus Rs 81 crore

Medplus Health Q3 FY26 (Cons, YoY)
Revenue up 15.7% at Rs 1,806 crore versus Rs 1,561 crore
Ebitda up 19.8% at Rs 159 crore versus Rs 132 crore
Margin at 8.8% versus 8.5%
Net Profit up 25.9% at Rs 57.8 crore versus Rs 45.9 crore

SAIL Q3 FY26 (Cons, QoQ)
Revenue up 2.5% at Rs 27,371 crore versus Rs 26,704 crore
Ebitda down 9.3% at Rs 2,294 crore versus Rs 2,528 crore
Margin at 8.4% versus 9.5%
Net Profit down 10.7% at Rs 374 crore versus Rs 419 crore

Antony Waste Handling Q3 FY26 (Cons, YoY)
Revenue up 8.1% at Rs 262 crore versus Rs 243 crore
Ebitda down 17.8% at Rs 42.7 crore versus Rs 52 crore
Margin at 16.3% versus 21.4%
Net Profit down 27.2% at Rs 11.5 crore versus Rs 15.8 crore

Reliance Power Q3 FY26 (Cons, YoY)
Revenue up 1.1% at Rs 1,873 crore versus Rs 1,853 crore
Ebitda up 22.8% at Rs 604 crore versus Rs 492 crore
Margin at 32.3% versus 26.5%
Net Profit down 40.1% at Rs 25 crore versus Rs 42 crore

Astec Life Sciences Q3 FY26 (Cons, YoY)
Revenue up 32.9% at Rs 125 crore versus Rs 93.9 crore
Ebitda at Rs 4 crore versus loss of Rs 5.7 crore
Margin at 3.2%
Net Loss at Rs 15.7 crore versus loss of Rs 40.4 crore

Relaxo Footwears Q3 FY26 (Cons, YoY)
Revenue up 0.2% at Rs 668 crore versus Rs 667 crore
Ebitda down 16.8% at Rs 69.4 crore versus Rs 83.4 crore
Margin at 10.4% versus 12.5%
Net Profit down 19.6% at Rs 26.5 crore versus Rs 33 crore

Triveni Engineering Q3 FY26 (Cons, YoY)
Revenue up 13.6% at Rs 1,818 crore versus Rs 1,600 crore
Ebitda up 96.4% at Rs 151 crore versus Rs 76.8 crore
Margin at 8.3% versus 4.8%
Net Profit up 74.8% at Rs 84 crore versus Rs 48 crore;

To pay interim dividend of Rs 1.5/share

Glenmark Pharma Q3 FY26 (Cons, YoY)
Revenue up 15.1% at Rs 3,901 crore versus Rs 3,388 crore
Ebitda up 44.9% at Rs 870 crore versus Rs 600 crore
Margin at 22.3% versus 17.7%
Net Profit up 15.9% at Rs 403 crore versus Rs 348 crore

Navneet Education Q3 FY26 (Cons, YoY)
Revenue down 11.4% at Rs 250 crore versus Rs 282 crore
Ebitda loss at Rs 8 crore versus profit of Rs 18 crore
Net Profit at Rs 172 crore versus Rs 14 crore

Mayur Uniquoters Q3 FY26 (Cons, YoY)
Revenue up 14% at Rs 237 crore versus Rs 208 crore
Ebitda up 18.7% at Rs 55.5 crore versus Rs 46.8 crore
Margin at 23.4% versus 22.4%
Net Profit up 65.9% at Rs 50.7 crore versus Rs 30.6 crore

Gujarat Ambuja Exports Q3 FY26 (Cons, YoY)
Revenue up 31.2% at Rs 1,484 crore versus Rs 1,131 crore
Ebitba down 19.1% at Rs 99.4 crore versus Rs 123 crore
Margin at 6.7% versus 10.9%
Net Profit down 7.7% at Rs 65.9 crore versus Rs 71.4 crore

Subros Q3 FY26 (Cons, YoY)
Revenue up 15.4% at Rs 948 crore versus Rs 821 crore
Ebitda up 7.4% at Rs 81.4 crore versus Rs 75.9 crore
Margin at 8.6% versus 9.2%
Net Profit up 5.6% at Rs 34.8 crore versus Rs 32.9 crore

Jupiter Life Line Q3 FY26 (Cons, YoY)
Revenue up 9.8% at Rs 365 crore versus Rs 333 crore
Ebitda up 9.3% at Rs 83.4 crore versus Rs 76.3 crore
Margin at 22.8% versus 22.9%
Net Profit down 18.3% at Rs 42.6 crore versus Rs 52.1 crore

Scoda Tubes Q3 FY26 (YoY)
Revenue up 17.3% at Rs 152 crore versus Rs 130 crore
Ebitda down 0.8% at Rs 23 crore versus Rs 23.2 crore
Margin at 15.1% versus 17.8%
Net Profit up 17.9% at Rs 11.5 crore versus Rs 9.7 crore

United Foodbrands Q3 FY26 (Cons, YoY)
Revenue up 14.5% at Rs 377 crore versus Rs 329 crore
Ebitda down 10.8% at Rs 54.8 crore versus Rs 61.4 crore
Margin at 14.6% versus 18.7%
Net Loss at Rs 7.1 crore versus profit of Rs 4.5 crore

Northern Arc Capital Q3 FY26 (Cons, YoY)
Revenue (NII) up 39% at Rs 371 crore versus Rs 267 crore
Margin not specified; NIM up 61 bps to 9.9% (QoQ)
Net Profit up 39% at Rs 102 crore versus Rs 73 crore;

Tourism Finance Corporation Q3 FY26 (YoY)
Revenue (Total Income) up 10% at Rs 70.6 crore versus Rs 64.1 crore
Net Profit up 40.6% at Rs 31.8 crore versus Rs 22.6 crore

LIC Housing Finance Q3 FY26 (Cons, YoY)
Revenue (Calculated NII) up 5% at Rs 2,111 crore
Net Profit down 2.6% at Rs 1,398 crore versus Rs 1,435 crore

Power Grid Q3 FY26 (Cons, YoY)
Revenue up 10.3% at Rs 12,395 crore versus Rs 11,233 crore
Ebitda up 11.7% at Rs 10,653 crore versus Rs 9,538 crore
Margin at 85.9% versus 84.9%
Net Profit up 8.4% at Rs 4,185 crore versus Rs 3,862 crore;

To pay second interim dividend of Rs 3.25/share;
To raise funds up to Rs 32,000 crore via debt in FY26

Ashoka Buildcon Q3 FY26 (Cons, YoY)
Revenue down 23.5% at Rs 1,827 crore versus Rs 2,388 crore
Ebitda down 31.9% at Rs 435 crore versus Rs 639 crore
Margin at 23.8% versus 26.8%
Net Profit at Rs 2,111 crore versus Rs 655 crore

Advanced Enzymes Consolidated Q3FY26 YoY
Revenue up 2% to Rs 172 crore vs Rs 169 crore
Ebitda down 11% to Rs 49 crore vs Rs 55 crore
Ebitda Margins at 28.7% vs 32.7%
Net profit up 13% to Rs 43 crore vs Rs 38 crore
Exceptional gain of Rs 11 crore owing to provision reversal

CDSL Q3FY26 YoY
Revenue up 15.12% at Rs 254 crore vs Rs 221 crore
Ebitda up 9.67% at Rs 144 crore vs Rs 131 crore
Margin at 56.53% vs 59.35%
Net profit up 14.3% at Rs 120 crore vs Rs 105 crore

Garware Hi‑Tech Films Q3 Consolidated
Revenue down 1.6% at Rs 459 crore vs Rs 466 crore
Ebitda down 13.5% at Rs 70 crore vs Rs 81 crore
Ebitda Margin at 15.3% vs 17.4% YoY
Net profit down 8.28% at Rs 56 crore vs Rs 61 crore

Vinati Organics Standalone Q3FY26 YoY
Revenue down 3% to Rs 529 crore vs Rs 546 crore
Ebitda down 10% to Rs 161 crore vs Rs 179 crore
Ebitda Margin at 30.4% vs 32.7%
Net profit down 16% to Rs 109 crore vs Rs 129 crore

Clean Science Consolidated Q3FY26 YoY
Revenue down 9% to Rs 220 crore vs Rs 241 crore
Ebitda down 27% to Rs 72 crore vs Rs 99 crore
Ebitda margin at 32.9% vs 40.9%
Net profit down 30% to Rs 46 crore vs Rs 66 crore

Meghmani Organics Consolidated Q3FY26 YoY
Revenue down 10.5% to Rs 508.7 crore vs Rs 568.5 crore
Ebitda down 8% to Rs 37.6 crore vs Rs 40.9 crore
Ebitda Margin at 7.4% vs 7.2%
Net loss at Rs 3.5 crore vs net loss of Rs 4.4 crore

Seshasayee Paper Standalone Q3FY26 YoY
Revenue down 10% to Rs 387 crore vs Rs 431 crore
Ebitda up 224% to Rs 25 crore vs Rs 7.6 crore
Ebitda margin at 6.4% vs 1.8%
Net profit flat at Rs 15.5 crore vs Rs 15.8 crore

Sun Pharma Consolidated Q3FY26 YoY
Revenue up 13.5% to Rs 15,521 crore vs Rs 13,677 crore
Ebitda up 23% to Rs 4,949 crore vs Rs 4,009 crore
Ebitda Margin at 31.9% vs 29.3%
Net profit up 16% to Rs 3,369 crore vs Rs 2,903 crore
Exceptional loss of Rs 489 crore
Other income up 24% to Rs 579 crore
FOREX gain of Rs 154 crore vs forex loss of Rs 183 crore YoY
India Formulations sales at Rs 4,999 crore, growth of 16.2%
US Formulations sales at $477 million, up 0.6%
Emerging Markets formulations sales at $337 million, up 21.6%

Bharat Dynamics Q3FY26 YoY
Revenue down 32% to Rs 567 crore vs Rs 832 crore
Ebitda down 80% to Rs 26 crore vs Rs 127 crore
Ebitda margin at 4.6% vs 15.2%
Net profit down 50% to Rs 73 crore vs Rs 147 crore

Nitin Spinners Q3FY26 YoY
Revenue down 4.6% to Rs 801 crore vs Rs 839 crore
Ebitda down 5% to Rs 112 crore vs Rs 117 crore
Ebitda Margin at 13.9% vs 14%
Net profit down 1% to Rs 44 crore vs Rs 45 crore

Birla Corp Consolidated Q3FY26 YoY
Revenue down 4% to Rs 2,159 crore vs Rs 2,257 crore
Ebitda up 18% to Rs 293 crore vs Rs 248 crore
Ebitda Margin at 13.6% vs 11%
Net profit up 69% to Rs 53 crore vs Rs 31 crore
Exception loss of Rs 34 crore

Stove Kraft Q3FY26 YoY
Revenue down 6% to Rs 378 crore vs Rs 404 crore
Ebitda down 15% to Rs 34 crore vs Rs 41 crore
Ebitda Margin 9.1% vs 10%
Net profit down 66% to Rs 4 crore vs Rs 12 crore

Sirca Paints Q3 Cons YoY
Revenue up 27% at Rs.113 crore vs Rs.89 crore
Ebitda up 49% at Rs.23 crore vs Rs.15 crore
Margin at 20.38% vs 17.41%
Net profit up 31% at Rs.15 crore vs Rs.11.5 crore

Moschip Tech Q3 Cons YoY
Revenue up 18% at Rs.149 crore vs Rs.126 crore
Ebitda down 11.3% at Rs.15 crore vs Rs.17 crore
Margin at 10.12% vs 13.51%
Net profit down 61% at Rs.4.33 crore vs Rs.11.05 crore

IDFC First Bank Standalone Q3FY26 YoY
NII up 12% to Rs.5492 crore vs Rs.4902 crore
PPOP up 16% to Rs.2033 crore vs Rs.1759 crore
Net profit up 48% to Rs.503 crore vs Rs.339 crore
Provision down 4% to Rs.1398 crore vs Rs.1422 crore QoQ
GNPA at 1.69% vs 1.86% QoQ
NNPA at 0.53% vs 0.52% QoQ

Affle 3i Q3 (Cons)
Revenue up 19% at Rs.717 crore vs Rs.602 crore YoY
Ebitda up 24% at Rs.163 crore vs Rs.131 crore YoY
Margin at 22.72% vs 21.83% YoY
Net profit up 19% at Rs.119 crore vs Rs.100 crore YoY

Delhivery Q3 (Cons) YoY
Revenue up 18% at Rs 2805 crore vs Rs 2378 crore
Ebitda up 103.7% at Rs 209 crore vs Rs 102 crore
Margin at 7.43% vs 4.3% YoY
Net profit up 58.5% at Rs 40 crore vs Rs 25 crore

GAIL India Q3 QoQ
Revenue down 2.7% at Rs 34051 crore vs Rs 35008 crore
Ebitda down 16.7% at Rs 2655 crore vs Rs 3191 crore
Margin at 7.79% vs 9.11% QoQ
Net profit down 27.72% at Rs 1602.57 crore vs Rs 2217.24 crore

Zen Tech Q3 Cons YoY
Revenue up 17% at Rs 178 crore vs Rs 152.2 crore
Ebitda up 51% at Rs 66.8 crore vs Rs 44.2 crore
Margin at 37.56% vs 29.03%
Net profit up 37.89% at Rs 54.76 crore vs Rs 39.71 crore

Belrise Consolidated Q3FY26 YoY
Revenue up 8% to Rs 2341 crore vs Rs 2167 crore
Ebitda up 10% to Rs 287 crore vs Rs 262 crore
Ebitda Margin at 12.2% vs 12.1%
Net profit up 21% to Rs 122 crore vs Rs 101 crore

Fujiyama Power Q3FY26 YoY
Revenue up 74% to Rs 589 crore vs Rs 339 crore
Ebitda up 110% to Rs 110 crore vs Rs 52 crore
Ebitda Margin at 18.7% vs 15.4%
Net profit up 123% to Rs 67 crore vs Rs 30 crore

ALSO READ: Trade Setup For Budget Day: Nifty Bulls Eye 25,500 Breakout For Further Upside

Stocks In News

• KP Energy: The company receives a Letter of Intent from Inox Renewable for a 99 MW wind power project at Bhuj.
• HPCL: The company enters into a pact with Maraal Aerospace for next‑generation clean‑energy UAV platforms during India Energy Week (IEW) 2026 held in Goa.
• Bank of Baroda: The bank plans to raise funds worth Rs. 10,000 crore through long‑term bonds.
• NTPC: The company may become the sole promoter of PTC India.
• Aadhar Housing Finance: The company announces a reduction in its Retail Prime Lending Rate (RPLR) by 15 basis points effective Feb. 10.
• Kajaria Ceramics: The Company approved the acquisition of o2,500 equity shares of Kajaria Adhesive (‘KAPL') and acquisition of 9.50 Lakhs equity shares of Kajaria Surfaces (‘Kajaria Surfaces') to make them subsidiaries company. Mr. Ram Chandra Rawat resigns as COO.
• Vedanta: The Company negates news on Economic Times titled “Vedanta moves HC over 2011 arbitral award declaring Balco shares transfer as void.”
• Valor Estate: The company received approval from NCLT for amalgamation of Sahyadri Agro and Dairy Private (both subsidiaries) with arm of the company.
• Embassy Developments: The Company has approved allotment of NCDs with aggregate value of Rs. 250 crores.
• Alok Industries: Shri Harsh Bapna resigns as Chief Executive Officer of the company.
• V.S.T Tillers Tractors: The company announces the sad passing of Mr. V. K. Surendra who held 22.38% of equity share capital of the company.
• Tata Power Company: The Company commissions 765 kV Mainpuri–Bara and Mainpuri–Unnao transmission lines spanning 574 CKM, enabling large-scale power evacuation in Uttar Pradesh.
• Pricol: The Company's credit rating upgrades from CRISL A+/Positive to AA-/Stable.
• Bajaj Auto: The Company approve additional investment in the equity share capital of Clean Max Godavari up to Rs. 12 crore..
• Saregama India: The company announces completed subscribing to 9,960 CCPS of Bhansali Productions, investment is valued at Rs. 325 crore.
• Muthoot Microfin: The Board has approved two debt‑raising actions through NCDs: allotted 10,000 secured, redeemable NCDs Rs. 100 crore and has also issued 4,000 senior NCDs totalling Rs. 40 crores.
• Jupiter Life Line Hospitals: The Company announce the successful completion of their new Hospital in Dombivli, with all major requisite licenses and with 200 operational bed posts.
• The Indian Hume Pipe Company: Infomerics Valuation and Rating Limited have reviewed the Company's total Bank Facilities of Rs.1,850 crore and upgraded some of them.
• Park Medi World: The Company has successfully completed the acquisition of K P S Wellness and will acquire whole of the existing shareholding of other entity viz. SVPD Healthcare.
• DOMS Industries: The company incorporated DOMS Foundation. Also, formed a 50:50 JVC in India with Seven SpA, a F.I.L.A. - Fabbrica Italiana Lapis Ed Affini S.p.A., Group Company
• Lemon Tree Hotels: Company's subsidiary will reconstruct a Heritage Hotel comprising 47 rooms.
• Fiem Industries: Submits a claim of Rs. 82.30 crore to insurer for the fire instance on Aug. 23.
• RHI Magnesita India: Receives approval to merge RHI Magnesita Seven Refractories with and into RHIMIRL.
• Astec Lifesciences: Company's CFO Ms. Mugdha Khare resigns & Mr. Deepak Ochani is appointed as the new CFO.
• Zaggle: Enters into an agreement with Aye Finance to procure & lease mobile phones.
• Tata Steel: Acquires 50.01% of Thriveni Pellets for ₹635.13 crore. Rest 49.99% stake is held by Llyods Metals & Energy.
• Zota Health Care: Enters into a MOU with Curexis Ventures to acquire 100% of the company.
• Hind Rectifiers: Appoints Mr. Douglas J. Bailey as the Global CEO.
• Subros: Approves capacity addition of Electric and ICE compressors for Rs. 265 crore.
• Maithan Alloys: Clears related‑party transactions up to Rs 600 crore with subsidiary, subject to shareholder approval.
• Torrent Pharmaceuticals: Appoints Geena Malhotra as the CTO of the company.
• Aegis Vopak Terminals: Executes agreement with Sea Lord Containers to develop LPG rail loading infrastructure and a bottling plant.
• Rubicon Research: GST Authorities commenced inspection at the Company's offices in Thane and Ambernath.
• NHPC: Declares Commercial Operation of Unit #3 (250 MW) of Subansiri Lower HE Project, (2000 MW).
• Avanti Feeds: Completes sale of four windmills with an aggregate capacity of 3.20 MW.
• NTPC Green: The company's arm commences operations of 210 MW out of the 1,200 MW Khavda‑II solar project. The group's current commercial capacity stands at 8,478.25 MW.
• Pine Labs: The company invests Rs.129 crore in its wholly owned arm, Synergistic Financial Networks Private Limited, through a rights issue.
• Solar Industries: The company receives export orders worth Rs. 589 crore for the supply of defence products.
• Afcons Infrastructure: The company receives an arbitration award of Rs. 27.3 crore and the release of a bank guarantee amounting to Rs. 27.5 crore.
• Adani Green: The company incorporates a new wholly owned subsidiary named Windrix Energy.
• Kothari Industrial Corporation: The company enters into a joint venture agreement with Accademia IUAD, Italy.
• Nelco: The company clarifies that its UL GMPCS application was not rejected by the Department of Telecommunications. Nelco states that the application was voluntarily withdrawn by the company.
• Fischer Medical: The board approves restructuring of its stake in the company's Malaysian subsidiary.
• Genesys International: The company receives an order worth Rs. 12.8 crore for an Urban Digital Twin Map Platform project.
• Stallion India Fluorochemicals: The company enters into a long‑term agreement with Sharjah Oxygen Company for sourcing liquid helium from Qatar.
• Brightcom Group: The company appoints Ravindra Kondamuri as Chief Financial Officer and Narayana Raju as Chief Operating Officer, both effective Feb. 1.
• BASF India: The company receives an observation letter from BSE with no adverse observations regarding the proposed merger of the company with its arm, BASF Agricultural Solutions.
• Lumax Auto: NCLT sanctions the merger scheme between Greenfuel Energy Solutions and Lumax Resources.
• SJVN: The government extends the additional charge of Chairman and Managing Director held by Bhupender Gupta for a further period of six months.
• Infosys: The company transfers its 90% shareholding in arm Infosys Consulting to another arm, Infosys Nova Holdings.
• Satin Creditcare Network: The company allots 1.3 lakh non‑convertible debentures worth Rs. 125 crore.
• UTI Asset Management: Imtaiyazur Rahman will complete his tenure as Managing Director and CEO on Jan. 31, and Vetri Subramaniam will take charge as Managing Director and CEO effective Feb. 1.
• Asian Energy: Announced discovery of oil at the onshore Mevad field in Gujarat, following the drilling and testing of a new well with expected peak production of approximately 125-130 barrels of oil per day.
• Astrazeneca Pharma: Secures CDSCO approval for Durvalumab Solution. Alert: Durvalumab Solution to treat gastroesophageal cancer.
• HBL Engineering: Received an order worth Rs 575 crore for supply, testing and commissioning of On-board KAVACH equipment from "Integral Coach Factory”
• Supreme Industries: Chairman Bajranglal Surajmal Taparia Passes away
• Stallion India: Receives in-principle approval from NSE and BSE for a rights issue of Rs 364 crore.
• Central Bank of India: Signs distribution pact with HSBC Asset Management.To offer HSBC mutual fund products to customers
• Eco Hotels: Signs First Boutique Property in Udaipur
• Travel Food Services: Won contract from Delhi International Airport for approximately eleven years for operating 33 Food and Beverage  outlets. The term of the License Agreement shall be valid till May 2, 2036.
• Federal Bank: RBI grants approval to SBI Mutal Fund For Acquiring 'Aggregate Holding' Of Up To 9.99%
• Cantabil Retail : Opened 3 new stores in January 2026. Total number of Showrooms/Shops stands at 651.
• R R Kabel: Gets Rs 101 Cr Tax Order from Gujarat Tax Authority.
• NCC: Recevied five orders in January 2025 worth Rs 2,457 crore.

Corporate Actions

Interim Dividend

Board Meeting

Lock In

Orkla India: 2nd Feb - 3 mn lock in shares, 2% of total outstanding shares

Insider trade

S H Kelkar and Company: Keva Constructions, Promoter Group pledged 10 lk shares

List of securities shortlisted in Short - Term ASM Framework Stage : Bajaj Consumer Care

List of securities to be excluded from ASM Framework:  GM Breweries Limited

F&O Cues

Nifty Feb futures is down 0.44% to 25,425 at a premium of 105  points.

Nifty Options 3rd Feb Expiry: Maximum Call open interest at 26,000 and Maximum Put open interest at 24,000.

Securities in ban period: SAMMAANCAP

Comprehensive Budget 2026 coverage, LIVE TV analysis, Stock Market and Industry reactions, Income Tax changes and Latest News on NDTV Profit.