The NSE Nifty 50 and BSE Sensex were trading near day's low. The benchmark indices were 0.94% and 0.90% down, respectively as of 12:58 p.m.
At around noon, Brainbees Solutions Ltd., Oil India Ltd., Ola Electric Mobility Ltd., Shipping Corp. of India, Va Tech Wabag Ltd., and Varun Beverages Ltd. were trending because of significant share price movement.
Brainbees SolutionsÂ
Brainbees Solutions, the parent company of FirstCry, saw its stock price surge by over 9%, following the announcement of its third-quarter earnings on Saturday. The company reported significant year-on-year growth in revenue and Ebitda, alongside a substantial reduction in net loss.
Oil IndiaÂ
Oil India Ltd. share price declined 4.52% in early trade on Monday after the company reported a significant drop in its net profit for the third quarter of the financial year 2025. The state-run oil exploration and production company posted a standalone net profit of Rs 1,222 crore for the quarter ended Dec. 31, 2024, marking a 33.4% decrease from Rs 1,834 crore in the preceding quarter.
Ola Electric MobilityÂ
Ola Electric Mobility Ltd. stock extended losses to trade below its issue price, after having fallen nearly 60% from its peak, as soon as the stock debuted.
The shares fell as much as 3.6% on Monday, compared to a 0.8% fall in the benchmark Nifty 50. The stock was trading 29 times its 30-day moving average. Relative strength was at 61.74.
Shipping Corp. of IndiaÂ
Shipping Corp. of India's share price declined to the lowest level in over one-year on Monday, as the company's disappointing third quarter performance weighed on investors' sentiment. Shipping Corp's profit was hit by a decline in topline growth and higher finance and employee costs.
Va Tech WabagÂ
Va Tech Wabag Ltd.'s share price jumped over 13% on Monday, after the company posted its consolidated net profit for October–December 2024. Its consolidated net profit rose 11.6% on the year to Rs 70 crore from Rs 63 crore.
Va Tech Wabag share price jumped 13.42% to Rs 1,550.00, the highest price since Jan 17.
Varun BeveragesÂ
Varun Beverages Ltd. share price declined in Monday's session despite reporting 40.3% year-on-year rise in net profit for the fourth quarter of this financial year. The company follows a January-December period to report its quarterly results.
Varun Beverages fell as much as 3.79% to Rs 532.70 apiece, the lowest level since Jan. 28.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.