Stock Market LIVE: Sensex Gains 302 Points, Nifty 50 Above 23,900; CAS Underway
Barring Nifty IT, all other sectoral indices were trading in the green. Nifty Realty, Nifty FMCG, Nifty Metal, Nifty Media, Nifty Metals and Nifty Oil & Gas saw strong buying.
The Indian stock market benchmark indices, the Sensex and Nifty 50, traded higher on Wednesday, extending its rally to the fifth straight session, led by buying in auto, metals and realty stocks.
The BSE Sensex was up over 200 points, while the NSE Nifty 50 traded above 23,900 level. Bank Nifty index gained half a percent.
Broader markets outperformed the frontliers, as the Nifty Smallcap 100 and the Nifty Midcap 100 indices traded over 1% higher each.
Barring Nifty IT, all other sectoral indices were trading in the green. Nifty Realty, Nifty FMCG, Nifty Metal, Nifty Media, Nifty Metals and Nifty Oil & Gas saw strong buying.
Globally, investors reacted to the US midterm election results 2026, with Democrats projected to seize control of both the House of Representatives and the Senate, in a major blow to President Donald Trump.
Meanwhile, crude oil prices resumed their upward move after declining for two consecutive sessions, as investors assessed the uncertainty surrounding peace negotiations between the US and Iran. Brent crude was around $104 a barrel.
Investors will also track developments in the ongoing geopolitical conflicts, along with the latest corporate earnings announcements, for further cues on the domestic market.
Stock Market LIVE: Sensex Gains 302 Points, Nifty 50 Above 23,900; CAS Underway
The Indian stock market extended its rally to the fifth consecutive session on Wednesday, led by gains in FMCG and auto stocks.
At 3:15 PM, the Sensex gained 301.80 points, or 0.39%, to 77,219.65, while the Nifty 50 was up 100.85 points, or 0.42%, to 23,911.70. The Closing Auction Session (CAS) is underway.
Stock Market LIVE: Rupee Strengthens For Fourth Straight Session
The rupee extended its winning streak to a fourth straight session, rising 14 paise to 94.61 against the dollar in early trade and touching 94.50 before hovering near 94.74 by afternoon.
What changed today is that US midterm election trends and a retreat in global oil are doing the heavy lifting that the RBI had to do alone in October. A divided US Congress is cooling the dollar index toward 101.17 and pulling US bond yields lower, while Brent crude near $102.50 and Rs 6,837 crore in Tuesday foreign stock buying have turned previous headwinds into tailwinds, said Rajeev Sharan, Head of Research, Brickwork Ratings.
However, the rupee’s drop back from 94.50 shows a clear limit to how high it can go. Traders know that companies buying cheaper dollars and the central bank buying dollars to refill its reserves will stop the currency from gaining too fast, he added.
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Stock Market LIVE: Capacite Infraprojects Q2 PAT Falls 3%, Revenue up 19% YoY,
Capacite Infraprojects Q2 (Consolidated, YoY)
- Net profit falls 2.9% to Rs 47.7 crore from Rs 49.1 crore
- Revenue rises 19.3% to Rs 770.9 crore from Rs 646.2 crore
- EBITDA grows 9.9% to Rs 119.1 crore from Rs 108.4 crore
- EBITDA margin declines to 15.4% from 16.8%
Stock Market LIVE: CE Info Systems Q2 Net Profit Falls 29%, Revenue Drops 6% QoQ
CE Info Systems Q2 Results (Consolidated, QoQ)
- Net profit falls 29.5% to Rs 35.1 crore 49.8 crore
- Revenue drops 5.7% to Rs 132 crore from Rs 140 crore
- EBITDA declines 20.1% to Rs 44.9 crore from Rs 56.2 crore
- EBITDA margin contracts to 34.1% from 40.2%
Stock Market LIVE: Nifty IT Falls 2%; Infosys, TCS, Coforge Top Drags
Nifty IT declined 2%, with 9 of it 10 constituents trading in the red. Infosys, TCS, Coforge, Tech Mahindra and HCL Technologies were the top index losers.
Stock Market LIVE: Dr Lal PathLabs Q2 Net Profit Rises 28% YoY; Declares Dividend Of Rs 5
Dr Lal PathLabs Q2 (Consolidated, YoY)
- Net Profit rises 27.6% to Rs 192 crore from Rs 151 crore
- Revenue grows 19.6% to Rs 874 crore from Rs 731 crore
- EBITDA rises 25% to Rs 280 crore from Rs 224 crore
- EBITDA margin improves to 32.1% from 30.7% YoY
- Declares second interim dividend of Rs 5 per share
Stock Market LIVE: Sensex Gains Over 200 Points, Nifty 50 Around 23,900
The Indian stock market benchmark indices, the Sensex and Nifty 50, traded higher on Wednesday, extending its rally to the fifth straight session, led by buying in auto, metals and realty stocks.
The BSE Sensex was up over 200 points, while the NSE Nifty 50 traded above 23,900 level. Bank Nifty index gained half a percent.
Broader markets outperformed the frontliers, as the Nifty Smallcap 100 and the Nifty Midcap 100 indices traded over 1% higher each.
Barring Nifty IT, all other sectoral indices were trading in the green. Nifty Realty, Nifty FMCG, Nifty Metal, Nifty Media, Nifty Metals and Nifty Oil & Gas saw strong buying.
Stock Market LIVE: Biocon Q2 Net Profit Falls 51% To Rs 41 Crore, Revenue Rises 2% YoY
Biocon reported a consolidated net profit of Rs 41.3 crore in the September quarter, registering a fall of 51.1% from Rs 84.5 crore in the year-ago quarter.
The company's consolidated revenue from operations in Q2FY27 grew 2.2% to Rs 4,389 crore from Rs 4,296 crore, year-on-year (YoY). Biosimilars revenue increased 3% YoY to Rs 2,809 crore and Generics revenue grew 10% YoY Rs 774 crore.
At the operational front, earnings before interest, taxes, depreciation and amortization (EBITDA) in the second quarter fell 0.5% to Rs 831 crore from Rs 835 crore, while EBITDA margin contracted to 18.9% from 19.4%, YoY.
Stock Market LIVE: FPI Flows Depend More On Earnings Growth, Valuations Than Capital Gains Tax: Pranay Aggarwal Of Stoxkart
Taxation is definitely one of the factors foreign investors consider, but it is not the primary reason money flows into or out of India, said Pranay Aggarwal, Director & CEO, Stoxkart.
Since July 23, 2024, India has taxed short-term capital gains on listed stocks at 20% and long-term capital gains at 12.5%, after the Rs 1.25 lakh exemption. With surcharge and cess, the effective tax burden is higher.
While this makes India relatively less attractive compared with markets offering full or partial exemptions on equity gains, investors place greater weight on valuations, earnings growth, rupee movement, global interest rates and alternative investment opportunities. Taxation is an additional negative, not the whole story, said Aggarwal.
Reducing capital gains taxes could improve India’s competitiveness and make the market more attractive to global funds. However, tax relief alone cannot ensure sustained FPI inflows. Indonesia, despite having a low 0.1% tax on listed equity trades, has not consistently outperformed India. Investors ultimately seek good risk-adjusted returns, supported by earnings growth, stable policies, reasonable valuations and currency stability, he added.
Market performance also reinforces that tax rates alone do not determine investment flows. As of October 20, 2026, five-year annualised returns in US dollar terms were approximately 20.3% for Taiwan, 16.1% for South Korea and just 0.4% for India. Taiwan and South Korea benefited significantly from the technology and semiconductor boom, while Indonesia, despite its low transaction tax, recorded a 3% decline. Ultimately, earnings momentum, valuations, growth prospects and returns after currency movements matter more to foreign investors than tax incentives alone, he added.
Stock Market LIVE: CAS Changes, Options Recovery To Drive Growth For NSE, Say Brokerages; Check Target Prices
Brokerages remain bullish on National Stock Exchange (NSE) following its September quarter results, citing its dominant market position, improving cash market activity, diversification of revenue streams and potential regulatory changes as key growth drivers.
Kotak Institutional Equities, Jefferies, B&K Securities and Emkay Global have maintained or initiated Buy ratings on the stock, with target prices ranging from Rs 2,050 to Rs 2,200.
Stock Market LIVE: Minda Corp, RK Forgings, Sundaram Fasteners Among Top Auto Ancillary Stock Picks By Monarch Capital
Minda Corporation, RK Forgings and Sundram Fasteners are the top stock picks in the auto ancillary sector by Monarch Networth Capital, owing to their potential to outgrow the underlying industry.
Minda Corporation | Buy | Target price: Rs 985
Minda Corporation is expected to deliver strong growth through increasing content per vehicle.
RK Forgings | Buy | Target price: Rs 805
RK Forgings is well-positioned to benefit from a healthy new order booking and expansion in casting.
Sundram Fasteners | Buy | Target price: Rs 1,315
Sundram Fasteners is expected to benefit from its export orders and diversification into non-auto.
Stock Market LIVE: What Should Be The Strategy In Gold And Silver This Diwali?
Religare Broking shares investment strategy in gold and silver this Diwali.
Source: Religare Broking
Stock Market LIVE: Stockal Fraud Victim Tells NDTV Profit 'All My Life Savings Have Been Trashed'
"All my life savings have been trashed completely."
That is how an investor, whose US stock holdings were allegedly sold without her authorisation on Stockal, described her loss to NDTV Profit. Nearly three weeks on, she said, nothing has been returned and the firms involved are blaming each other.
She said both her husband and her held accounts with the platform on which the alleged fraudulent activity took place.
Stock Market LIVE: Silver Set to Outshine Copper: Ratio Rebounds From 200-Week Average
After a near 55% slide from its January 2026 peak, the Silver/Copper ratio has found support at a strong long-term confluence zone. The first bullish weekly candle in eight weeks signals that the relative trend is turning back in Silver’s favour, according to Kedia Advisory.
The ratio has bounced from the 200-week SMA with a strong weekly candle and fading selling volume. The brokerage firm expects Silver to outperform Copper towards 1,396–1,516 in the coming weeks. A weekly close below 1,265 would negate the view and open 1,208.
Stock Market LIVE: Long-Term Outlook For Gold Remains Positive: Avinash Agarwal
Gold and silver have witnessed healthy correction over the past six to eight months, making their price movements worth watching.
According to Avinash Agarwal, Senior Vice President and Head of Equity at Bandhan Life, the long-term outlook for gold remains positive, supported by central banks increasing their gold purchases and the gradual shift in investor preference towards gold as an alternative to the US dollar.
However, gold prices will remain sensitive to US bond yields, the dollar’s movement and the US government’s fiscal policies. For Indian investors, rupee movements will also influence domestic gold prices. If the US addresses its fiscal deficit, gold could face near-term pressure; otherwise, its positive momentum may continue, he added.
Stock Market LIVE: Cera Sanitaryware Q2 PAT Falls 0.9% YoY To Rs 56 Crore, Revenue Rises 27% YoY
Cera Sanitaryware Q2 results (YoY)
- Net profit falls 0.9% to Rs 56.1 crore from Rs 56.7 crore
- Revenue up 27.4% at Rs 603 crore from Rs 473 crore
- EBITDA rises 9.2% to Rs 73.4 crore from Rs 67.2 crore
- EBITDA margin at 12.2% Vs 14.2%
- Company reappoints Vikram Somany as Chairman, MD For 5 Years From July 1, 2027
Stock Market LIVE: Havells India Says Management In Discussions With Concerned Workers To Settle Matter
Havells India said a few workers at the company’s Alwar plant gathered at the factory gate with certain undue demands.
“The management is in discussions with the concerned workers with a view to settle the matter to their satisfaction. The company is closely monitoring the situation and will provide further updates, as may be required, in accordance with applicable regulatory requirements,” the company said.
Stock Market LIVE: Choice Equities Raises BEL Share Price Target After Strong Q2
Bharat Electronics delivered a strong H1FY27 performance, with revenue growing 26.0% YoY to Rs 12,824 crore and PAT increasing 14.8% to Rs 2,589 crore.
Choice Institutional Equities retained its ‘Buy’ rating on BEL shares, supported by its healthy order book, a robust order pipeline and favourable long-term growth prospects. It estimates Revenue, EBITDA and PAT CAGR of 17.9%, 19.0% and 20.4%, respectively, over FY26–29E.
Given its strong earnings growth visibility, the brokerage firm raised BEL share price target to Rs 530 from Rs 500 earlier, valuing the stock at 40x the average FY28–29E EPS.
Stock Market LIVE: HDFC Securities Says It Is Not An Accused In Stockal Fraud Case, Partnership Ended In 2024
Domestic brokerage HDFC Securities has clarified that it is not named among the accused in the First Information Report (FIR) registered in connection with the alleged Stockal trading fraud, following media reports linking the Bengaluru-based fintech platform to the case.
In a statement issued with respect to recent report referring to Stockal and the FIR, HDFC Securities said its operational partnership with Stockal had ended in 2024 and stressed that customer trust and regulatory compliance remained central to its operations.
Stock Market Live: Glass Wall Q2: Net Profit Rises 31% YoY To Rs 28.6 Crore; EBITDA Jumps 32%
- Glass Wall reported a 31.2% year-on-year increase in consolidated net profit to Rs 28.6 crore in Q2, compared with Rs 21.8 crore a year ago.
- Revenue grew 3.3% to Rs 131.5 crore from Rs 127.3 crore, while EBITDA increased 32.4% to Rs 37.6 crore from Rs 28.4 crore.
- EBITDA margin improved to 28.6% from 22.3%.
Stock Market Live: Utkarsh SFB Q2: Net Loss Narrows To Rs 69.9 Crore From Rs 348.5 Crore; Provisions Rise QoQ
- Utkarsh Small Finance Bank reported a net loss of Rs 69.9 crore in Q2, compared with a loss of Rs 348.5 crore in the year-ago period.
- Net interest income grew 24.2% year-on-year to Rs 435 crore from Rs 350 crore.
- Net NPA stood at 2.74% against 2.86% in the previous quarter, while gross NPA was 5.96% against 6.09%.
- Provisions stood at Rs 166 crore, compared with Rs 109 crore in the previous quarter and Rs 462 crore a year ago.
Stock Market Live: DAM Capital Q2 Profit At Rs 13.5 Crore Vs Rs 0.2 Crore QoQ; Total Income Jumps 81%
- DAM Capital reported consolidated net profit of Rs 13.5 crore in Q2, compared with Rs 0.2 crore in the previous quarter.
- Total income rose 81% quarter-on-quarter to Rs 54.3 crore from Rs 30 crore.
Stock Market LIVE: Gold Price Jumps Above Rs 1.41 Lakh, Silver Spikes
Gold and silver prices rebounded from day’s low to trade with strong gains. MCX gold rate was up by Rs 2,236, or 1.60%, to Rs 1,41,688 per 10 grams, while MCX silver price jumped by Rs 4,804, or 2.67%, to Rs 1,84,502 per kg.
Stock Market Live: Embassy Developments Q2 Loss Widens To Rs 271 Crore; Revenue Falls 41% YoY
- Embassy Developments reported a consolidated net loss of Rs 271 crore in Q2, compared with a loss of Rs 153 crore in the year-ago period.
- Revenue declined 40.8% year-on-year to Rs 292 crore from Rs 494 crore.
- EBITDA loss widened to Rs 149.9 crore from Rs 51.2 crore a year ago.
Stock Market Live: Easy Trip Planners Gets Show-Cause Notice Over Rs 67.4 Crore Tax Demand
Easy Trip Planners has received a show-cause notice for a tax demand of Rs 67.4 crore from the Mumbai tax authority.
Stock Market Live: Prestige Estates Acquires Gloind For Enterprise Value Of Rs 519 Crore
Prestige Estates Projects has acquired Gloind for an enterprise value of Rs 519 crore.
Stock Market Live: Amber Enterprises Arm IL JIN Electronics Now Holds 100% Stake In Ascent Circuits
Amber Enterprises said its subsidiary, IL JIN Electronics (India), now holds a 100% stake in Ascent Circuits.
Stock Market Live: Power Grid: Government Appoints Anupam Kumar As Nominee Director
The government has appointed Anupam Kumar as its nominee director on the board of Power Grid Corporation of India.
Stock Market Live: Equitas SFB Appoints Balaji Nuthalpadi As Interim CEO
Equitas Small Finance Bank has appointed Balaji Nuthalpadi as its interim chief executive officer.
Stock Market Live: HSBC India Services PMI Rises To 55.8 In October From 55.2 In September; Composite PMI At 56.2
India's HSBC Services PMI rose to 55.8 in October from 55.2 in September. The HSBC Composite PMI also increased to 56.2 from 55.9 in the previous month.
Stock Market Live: Kolte-Patil Developers Swings To Rs 5.3 Crore Profit In Q2; EBITDA Loss Narrows Sharply
- Kolte-Patil Developers reported consolidated net profit of Rs 5.3 crore in Q2, compared with a loss of Rs 10.4 crore in the year-ago period.
- Revenue stood at Rs 334 crore against Rs 139 crore a year ago.
- EBITDA loss narrowed to Rs 0.9 crore from Rs 36.5 crore.
Stock Market Live: What To Expect From Biocon In Q2?
- Biocon is expected to report a 24% year-on-year increase in net profit to Rs 165 crore in Q2FY27, compared with Rs 133 crore in the year-ago period.
- Revenue is estimated to grow 6.6% to Rs 4,580 crore from Rs 4,296 crore.
- EBITDA is likely to rise 11% to Rs 925 crore from Rs 835 crore, while EBITDA margin is expected to improve to 20.2% from 19.4%.
Stock Market Live: MCX Q2 Profit Rises 10% QoQ To Rs 454.6 Crore; EBITDA Margin Expands To 76.4%
- MCX reported a 10% quarter-on-quarter increase in consolidated net profit to Rs 454.6 crore in Q2, compared with Rs 413.4 crore in the previous quarter.
- Revenue rose 14% to Rs 800 crore from Rs 702 crore, while EBITDA increased 23.8% to Rs 612 crore from Rs 494 crore.
- EBITDA margin improved to 76.4% from 70.4%.
Stock Market Live: Endurance Technologies Q2 Profit Rises 21% YoY To Rs 274 Crore; Revenue Jumps 34%
- Endurance Technologies reported a 20.7% year-on-year increase in consolidated net profit to Rs 274 crore in Q2, compared with Rs 227 crore a year ago.
- Revenue grew 33.6% to Rs 4,786 crore from Rs 3,583 crore, while EBITDA increased 17.3% to Rs 559 crore from Rs 477 crore.
- EBITDA margin declined to 11.7% from 13.3%.
Stock Market Live: Avenue Supermarts Opens New Store In Pune, Total Store Count Rises To 520
Avenue Supermarts, which operates DMart stores, has opened a new store in Pune. With the latest addition, its total store count has increased to 520.
Stock Market Live: Rajesh Power Services Bags Rs 1,629 Crore Order From DGVCL For Underground Cable Network
Rajesh Power Services has received an order worth Rs 1,629 crore from Dakshin Gujarat Vij Company Ltd (DGVCL) for the conversion of an existing overhead network into an underground cable system, according to an exchange filing.
Stock Market Live: SKF India Q2: Net Profit Falls 51% YoY To Rs 52 Crore; Revenue Declines 55%
- SKF India reported a 50.5% year-on-year decline in consolidated net profit to Rs 52 crore in Q2, compared with Rs 105 crore a year ago.
- Revenue fell 54.5% to Rs 596 crore from Rs 1,309 crore, while EBITDA declined 65.3% to Rs 57.6 crore from Rs 166 crore.
- EBITDA margin contracted to 9.7% from 12.7%.
Stock Market Live: MK Sons Fine Jewels Shares Settle 6% Above IPO Price On Listing Day
MK Sons Fine Jewels shares settled at Rs 171.60 on the BSE, a premium of 5.9% over the issue price of Rs 162. On the NSE, the stock settled at Rs 171, up 5.6% over its issue price.
Stock Market Live: Patanjali Foods Clarifies On Maharashtra FDA Action, Says Notice Was Issued To Distributor
- Patanjali Foods clarified that the Maharashtra FDA action was addressed to a distributor and not the company.
- It said it has not received any direct order from the FDA and that no laboratory report has confirmed any violations. The company is seeking documents from the FDA and the distributor.
- The Maharashtra FDA has restricted the stock held by the distributor.
Stock Market Live: Democrats Win Control Of US Senate, DDHQ Projects
Decision Desk HQ (DDHQ) projects that Democrats have won control of the US Senate in the 2026 midterm elections.
Stock Market Live: Very Few Sectors Disappoint On Q2 Earnings, Says Vikas Khemani; BFSI Performance Remains Strong
- Vikas Khemani of Carnelian Asset Management told NDTV Profit that very few sectors have disappointed on Q2 earnings, while India's banking, financial services and insurance (BFSI) sector has continued to report strong earnings.
- He said current domestic economic conditions remain healthy and expects market sentiment to improve by next Diwali.
Stock Market Live: Transrail Lighting Q2 Profit Rises 12% YoY To Rs 103.9 Crore; Revenue Jumps 32%
- Transrail Lighting reported a 12.4% year-on-year increase in consolidated net profit to Rs 103.9 crore in Q2, compared with Rs 92.4 crore a year ago.
- Revenue grew 31.7% to Rs 2,056 crore from Rs 1,561 crore, while EBITDA increased 28.7% to Rs 236.6 crore from Rs 183.9 crore.
- EBITDA margin declined to 11.5% from 11.8%.
Stock Market Live: Seth Freeman Says Trump Tariffs Have Disrupted Global Relations; US Government May Face Tough Two Years
- Seth Freeman told NDTV Profit that US President Donald Trump's tariffs have disrupted global relations.
- He said the US government may face a difficult two-year period, while uncertainty remains over whether Trump's policies will be rolled back.
Stock Market Live: Rupee Rises 19 Paise To 94.56 Against US Dollar In Early Trade
The Indian rupee strengthened 19 paise to 94.56 against the US dollar in early trade.
Stock Market Live: Democrats Score Wins In California Governor, Ohio Senate And Texas Races
- Democrats secured victories in several key races in the 2026 US midterm elections, according to projections by news outlets.
- Democrat Becerra won the California governor's race, projected by the Associated Press, while Democrat Brown won the Ohio Senate race, according to CNN.
- Democrat Pulido was projected to win the Texas House race by DDHQ, while CNN projected Democrat Hinojosa as the winner of the Texas governor's race.
Stock Market Live: Dalmia Bharat Sugar Q2 Net Profit Jumps Nearly 3-Fold YoY To Rs 69.5 Crore
- Dalmia Bharat Sugar reported consolidated net profit of Rs 69.5 crore in Q2, compared with Rs 23.3 crore a year ago.
- Revenue grew 7.3% year-on-year to Rs 1,061 crore from Rs 989 crore, while EBITDA stood at Rs 113.8 crore against Rs 56.2 crore.
- EBITDA margin improved to 10.7% from 5.7%.
Stock Market Live: GSK Pharma Q2 Profit Rises 30% YoY To Rs 336 Crore; Revenue Grows 21%
- GSK Pharma reported a 30.4% year-on-year increase in consolidated net profit to Rs 336 crore in Q2, compared with Rs 258 crore a year ago.
- Revenue grew 20.8% to Rs 1,184 crore from Rs 980 crore, while EBITDA increased 19.8% to Rs 402 crore from Rs 336 crore.
- EBITDA margin stood at 34% against 34.2% a year ago.
Stock Market Live: Metropolis Health Q2 Net Profit Rises 43% YoY To Rs 75.3 Crore; Declares Re 1 Dividend
- Metropolis Health reported a 42.9% year-on-year increase in consolidated net profit to Rs 75.3 crore in Q2, compared with Rs 52.7 crore a year ago.
- Revenue grew 15.8% to Rs 497 crore from Rs 429 crore, while EBITDA increased 23.9% to Rs 133.9 crore from Rs 108.1 crore.
- EBITDA margin improved to 27% from 25.2%. The company will pay an interim dividend of Re 1 per share.
Stock Market Live: V2 Retail Q2 Profit Rises 6% YoY To Rs 18.2 Crore; EBITDA Jumps 42%
V2 Retail reported a 5.8% year-on-year increase in consolidated net profit to Rs 18.2 crore in Q2, compared with Rs 17.2 crore a year ago.
Revenue grew 27.8% to Rs 906 crore from Rs 709 crore, while EBITDA increased 41.7% to Rs 121 crore from Rs 85.6 crore.
EBITDA margin improved to 13.4% from 12.1%.
Stock Market Live: Lloyds Metals Q2 Profit Falls 40% QoQ To Rs 1,046 Crore; EBITDA Drops 35%
- Lloyds Metals reported a 39.5% quarter-on-quarter decline in consolidated profit to Rs 1,046 crore in Q2, compared with Rs 1,728 crore in the previous quarter.
- Revenue fell 20.7% to Rs 5,673 crore from Rs 7,150 crore, while EBITDA declined 35.4% to Rs 1,804 crore from Rs 2,792 crore.
- EBITDA margin contracted to 31.8% from 39%.
Stock Market Live: Timex Group Q2 Profit Jumps 56% YoY To Rs 47.1 Crore; Revenue Rises 47%
- Timex Group reported a 56% year-on-year increase in net profit to Rs 47.1 crore in Q2, compared with Rs 30.2 crore a year ago.
- Revenue grew 46.9% to Rs 358 crore from Rs 243.7 crore, while EBITDA increased 51.2% to Rs 64.4 crore from Rs 42.6 crore.
- EBITDA margin improved to 18% from 17.5%.
Stock Market Live: SAMHI Hotels Q2 Profit Falls 64% YoY To Rs 33.5 Crore; Revenue Rises 15%
- SAMHI Hotels reported a 63.7% year-on-year decline in consolidated net profit to Rs 33.5 crore in Q2, compared with Rs 92.4 crore a year ago.
- Revenue grew 15.4% to Rs 338 crore from Rs 293 crore, while EBITDA increased 11.3% to Rs 119.2 crore from Rs 107.1 crore.
- EBITDA margin declined to 35.3% from 36.6%.
Stock Market Live: BHEL Bags Four Contracts Worth Rs 5,000-7,000 Crore Each; Gets Equipment Supply Orders From Adani Power
- Bharat Heavy Electricals Ltd (BHEL) has secured four contracts, each valued at Rs 5,000-7,000 crore.
- The company has also received equipment supply orders from Adani Power, according to an exchange filing.
Stock Market Live: Bayer CropScience Q2 Profit Rises 9% YoY To Rs 166.2 Crore; Declares Rs 90 Dividend
- Bayer CropScience reported an 8.8% year-on-year increase in net profit to Rs 166.2 crore in Q2, compared with Rs 152.7 crore a year ago.
- Revenue declined 19.5% to Rs 1,251 crore from Rs 1,553 crore, while EBITDA rose 6% to Rs 217.7 crore from Rs 205.3 crore.
- EBITDA margin improved to 17.4% from 13.2%. The company will pay an interim dividend of Rs 90 per share.
Stock Market Live: India's 10-Year Bond Yield Drops 5 Basis Points To 7.26%
India's 10-year government bond yield declined 5 basis points to 7.26%.
Stock Market Live: Rupee Strengthens Over 20 Paise From Previous Session
- The Indian rupee strengthened by more than 20 paise against the US dollar compared with the previous trading session.
- Last checked, Rupee was trading at 94.53 against a dollar
Stock Market Live: Shalby Q2 Profit Edges Down 1% YoY To Rs 8.2 Crore; EBITDA Margin Contracts
- Shalby reported a 1.2% year-on-year decline in consolidated net profit to Rs 8.2 crore in Q2, compared with Rs 8.3 crore a year ago.
- Revenue grew 9.7% to Rs 313.1 crore from Rs 285.4 crore, while EBITDA declined 0.5% to Rs 41.3 crore from Rs 41.5 crore.
- EBITDA margin fell to 13.2% from 14.5%.
Stock Market Live: HG Infra Q2 Profit Jumps 52% YoY To Rs 79.1 Crore; EBITDA Rises 21%
- HG Infra Engineering reported a 51.5% year-on-year increase in consolidated net profit to Rs 79.1 crore in Q2, compared with Rs 52.2 crore a year ago.
- Revenue grew 7.6% to Rs 973.5 crore from Rs 904.5 crore, while EBITDA increased 21% to Rs 249.4 crore from Rs 206.1 crore.
- EBITDA margin improved to 25.6% from 22.8%.
Stock Market Live: Subros Q2 Profit Rises 10% YoY To Rs 44.6 Crore; Revenue Jumps 36%
- Subros reported a 9.6% year-on-year increase in consolidated net profit to Rs 44.6 crore in Q2, compared with Rs 40.7 crore a year ago.
- Revenue grew 36% to Rs 1,199 crore from Rs 880 crore, while EBITDA rose 23% to Rs 84.1 crore from Rs 68.4 crore.
- EBITDA margin declined to 7% from 7.8%.
Stock Market Live: US Stock Futures Slide As Traders Bet On Democratic Control Of Congress; Nasdaq Futures Fall 2%
- US stock futures declined as traders reacted to projections pointing to Democratic gains in the 2026 midterm elections, including a possible shift in control of Congress and key gubernatorial races.
- Futures tied to the S&P 500 fell 1.2%, while Nasdaq-100 futures shed 2.1%. Dow Jones Industrial Average futures declined 413 points, or 0.8%.
- Kalshi odds of Democrats gaining control of the Senate rose above 99%, while the odds of the party retaining control of the House also climbed to 99%. CNBC's Election Desk projected that Democrats would win the House, while four Republican-held Senate seats were leaning towards a Democratic flip.
Stock Market Live: Bata India Q2 Profit Rises 31% YoY To Rs 18.1 Crore; Revenue Grows 8%
- Bata India reported a 31.2% year-on-year increase in consolidated net profit to Rs 18.1 crore in Q2, compared with Rs 13.8 crore a year ago.
- Revenue grew 7.5% to Rs 861.7 crore from Rs 801.3 crore, while EBITDA declined 0.8% to Rs 143.7 crore from Rs 144.9 crore.
- EBITDA margin fell to 16.7% from 18.1%.
Stock Market Live: NSE To Divest 40% Stake In Arm National Coal of India
The National Stock Exchange (NSE) will divest a 40% stake in its arm, National Coal of India.
Stock Market Live: Sri Lotus Developers Promoter Increases OFS Size To 2.65 Crore Shares
- The promoter of Sri Lotus Developers has increased the offer-for-sale (OFS) size to 2.65 crore shares.
- The promoter plans to sell up to a 5.42% stake through the OFS, which has been expanded by an additional 27.04 lakh shares.
Stock Market Live: Motilal Oswal Announces Senior Management Changes Across Alternate, Wealth Businesses
- Motilal Oswal appointed Padmanabh Sinha as MD and CEO of its alternate business. Ajay Menon resigned as CEO of the wealth management business, with Suresh Shukla appointed to the role.
- Pratik Oswal has been appointed Chairman of the private wealth business, while Ashish Shankar resigned as its MD and CEO.
- Anupam Guha and Akash Hariani have been appointed MDs and CEOs of the private wealth business.
Stock Market Live: HAL To Acquire Remaining 50% Stake In HATSOFF, Unit To Become Wholly Owned Subsidiary
Hindustan Aeronautics will acquire the remaining 50% stake in HATSOFF from CAE Canada. Following the acquisition, HATSOFF will become a wholly owned subsidiary of HAL. The company will acquire 3.84 crore HATSOFF shares from CAE.
Stock Market Live: Hinduja Global Says Stake Sale In Two Arms Under Process, To Take More Time
Hinduja Global said the sale of its stake in two subsidiaries is under process and will take some more time.
Stock Market Live: IEX October Update: Real-Time Market Volume Jumps 24% YoY To 5.7 BU
Indian Energy Exchange's monthly real-time market volume grew 23.7% year-on-year to 5.7 billion units (BU) in October. Monthly traded volume increased 16.5% to 13.1 BU.
Stock Market Live: NSE Q2 Profit Falls 17% QoQ To Rs 2,578 Crore; Revenue Declines 11%
- NSE reported a 17.4% quarter-on-quarter decline in consolidated net profit to Rs 2,578 crore in Q2, compared with Rs 3,120 crore in the previous quarter.
- Revenue fell 10.8% to Rs 4,067 crore from Rs 4,560 crore, while EBITDA declined 13.3% to Rs 3,079 crore from Rs 3,551 crore.
- EBITDA margin contracted to 75.7% from 77.9%.
Stock Market Live: Awfis Space Q2 Profit Jumps 94% YoY To Rs 30.8 Crore; EBITDA Rises 31%
- Awfis Space reported a 93.7% year-on-year increase in consolidated net profit to Rs 30.8 crore in Q2, compared with Rs 15.9 crore a year ago.
- Revenue rose 19.6% to Rs 439 crore from Rs 367 crore, while EBITDA increased 31.2% to Rs 174 crore from Rs 132 crore.
- EBITDA margin improved to 39.6% from 36.1%.
Stock Market Live: Datamatics Global Q2: Net Profit Rises 16% YoY To Rs 73.4 Crore; EBITDA Jumps 30%
- Datamatics Global reported a 16.1% year-on-year increase in consolidated net profit to Rs 73.4 crore in Q2, compared with Rs 63.2 crore a year ago.
- Revenue grew 11.5% to Rs 546.6 crore from Rs 490.2 crore, while EBITDA rose 30% to Rs 115.4 crore from Rs 88.8 crore.
- EBITDA margin improved to 21.1% from 18.1%.
Stock Market Live: Sai Silks Q2 Net Profit Falls 22% YoY To Rs 31.1 Crore; Revenue Declines 2%
- Sai Silks reported a 22.4% year-on-year decline in net profit to Rs 31.1 crore in Q2, compared with Rs 40.1 crore a year ago.
- Revenue fell 2.3% to Rs 434 crore from Rs 444 crore, while EBITDA declined 14.1% to Rs 61.6 crore from Rs 71.7 crore.
- EBITDA margin contracted to 14.2% from 16.1%.
Stock Market Live: Bajaj Holdings Q2 Profit Rises 28% YoY To Rs 1,993 Crore Despite 55% Fall In Total Income
Bajaj Holdings reported a 27.9% year-on-year increase in consolidated profit to Rs 1,993 crore in Q2, compared with Rs 1,559 crore a year ago. Total income declined 55.2% to Rs 184 crore from Rs 410 crore.
Stock Market Live: Northern Arc Capital Q2 Profit Rises 41% YoY To Rs 129.3 Crore; Total Income Jumps 39%
- Northern Arc Capital reported a 41% year-on-year increase in consolidated net profit to Rs 129.3 crore in Q2, compared with Rs 91.7 crore a year ago.
- Total income rose 39% to Rs 874 crore from Rs 629 crore.
Stock Market Live: V-Mart Retail Q2 Loss Widens To Rs 16.3 Crore; Revenue Rises 18% YoY
- V-Mart Retail reported a net loss of Rs 16.3 crore in Q2, compared with a loss of Rs 8.9 crore in the year-ago period.
- Revenue grew 18.1% year-on-year to Rs 953 crore from Rs 807 crore, while EBITDA increased 20.1% to Rs 86.1 crore from Rs 71.7 crore.
- EBITDA margin improved marginally to 9% from 8.9%.
Stock Market Live: Xpro India Q2 Net Profit Rises 50% YoY To Rs 7.5 Crore; EBITDA Falls 12%
- Xpro India reported a 50% year-on-year increase in net profit to Rs 7.5 crore in Q2, compared with Rs 5 crore a year ago.
- Revenue grew 47.4% to Rs 177 crore from Rs 120 crore, while EBITDA declined 11.9% to Rs 43.7 crore from Rs 49.6 crore.
- EBITDA margin contracted to 24.7% from 41.4%.
Stock Market Live: Linde India Q2 Profit Falls 31% YoY To Rs 119 Crore; EBITDA Margin Contracts
- Linde India reported a 30.5% year-on-year decline in consolidated net profit to Rs 119 crore in Q2, compared with Rs 171 crore a year ago.
- Revenue increased 12.3% to Rs 723 crore from Rs 644 crore, while EBITDA fell 18% to Rs 232 crore from Rs 282 crore.
- EBITDA margin declined to 32% from 43.8%.
Stock Market Live: Dreamfolks Services Swings To Rs 10.5 Crore Loss In Q2; Revenue Plunges 85% YoY
- Dreamfolks Services reported a consolidated net loss of Rs 10.5 crore in Q2, compared with a net profit of Rs 11.2 crore in the year-ago period.
- Revenue declined 84.9% year-on-year to Rs 31.1 crore from Rs 205.6 crore.
Stock Market Live: Chambal Fertilisers Q2 Net Profit Falls 3% YoY To Rs 632 Crore; Declares Rs 5 Interim Dividend
- Chambal Fertilisers reported a 2.6% year-on-year decline in consolidated net profit to Rs 632 crore in Q2, compared with Rs 649 crore a year ago.
- Revenue rose 9.1% to Rs 6,999 crore from Rs 6,413 crore, while EBITDA increased 6.9% to Rs 900.4 crore from Rs 841.9 crore.
- EBITDA margin declined to 12.9% from 13.1%. The company will pay an interim dividend of Rs 5 per share.
Stock Market Live: GNG Electronics Q2 Profit Jumps 95% YoY To Rs 56.4 Crore; Revenue Rises 52%
- GNG Electronics reported a 95.2% year-on-year increase in consolidated net profit to Rs 56.4 crore in Q2, compared with Rs 28.9 crore a year ago.
- Revenue grew 51.5% to Rs 625 crore from Rs 413 crore, while EBITDA rose 86.3% to Rs 92.8 crore from Rs 49.8 crore.
- EBITDA margin improved to 14.8% from 12.1%.
Stock Market Live: SEAMEC Swings To Rs 50.3 Crore Profit In Q2; Reports Rs 42.4 Crore One-Time Gain
- SEAMEC reported consolidated net profit of Rs 50.3 crore in Q2, compared with a loss of Rs 27.5 crore in the year-ago period.
- Revenue stood at Rs 198 crore against Rs 97.4 crore, while EBITDA came in at Rs 38.1 crore compared with Rs 7.9 crore.
- EBITDA margin improved to 19.2% from 8.1%.
- The company reported a one-time gain of Rs 42.4 crore during the quarter.
Stock Market Live: Global Health Q2 Profit Rises 39% YoY To Rs 221 Crore; EBITDA Jumps 60%
- Global Health reported a 39.3% year-on-year increase in consolidated net profit to Rs 221 crore in Q2, compared with Rs 158 crore a year ago.
- Revenue grew 33.6% to Rs 1,469 crore from Rs 1,099 crore, while EBITDA rose 60.3% to Rs 370.1 crore from Rs 230.9 crore.
- EBITDA margin improved to 25.2% from 21%.
Stock Market Live: Harsha Engineers Q2 Profit Rises 24% YoY To Rs 45 Crore; EBITDA Jumps 40%
- Harsha Engineers reported a 23.7% year-on-year increase in consolidated net profit to Rs 45 crore in Q2, compared with Rs 36.4 crore a year ago.
- Revenue grew 16.3% to Rs 440.1 crore from Rs 378.3 crore, while EBITDA rose 39.6% to Rs 74.7 crore from Rs 53.5 crore.
- EBITDA margin improved to 17% from 14.1%.
Stock Market Live: ASK Automotive Q2 Profit Rises 27% YoY To Rs 101.6 Crore; Revenue Jumps 48%
- ASK Automotive reported a 27.3% year-on-year increase in consolidated net profit to Rs 101.6 crore in Q2, compared with Rs 79.8 crore a year ago.
- Revenue rose 47.6% to Rs 1,555 crore from Rs 1,054 crore, while EBITDA increased 30.2% to Rs 178.6 crore from Rs 137.2 crore.
- EBITDA margin declined to 11.5% from 13%.
Stock Market Live: Neuland Labs Q2 Profit Falls 47% YoY To Rs 51.6 Crore; Margin Contracts
- Neuland Laboratories reported a 46.7% year-on-year decline in consolidated net profit to Rs 51.6 crore in Q2, compared with Rs 96.9 crore a year ago.
- Revenue fell 12.6% to Rs 450 crore from Rs 514 crore, while EBITDA declined 37.3% to Rs 97.6 crore from Rs 156 crore.
- EBITDA margin contracted to 21.7% from 30.2%.
Stock Market Live: US Indices Settle Mixed
- US indices settle mixed ahead of Midterm elections outcome
- Tech-heavy Nasdaq ended 0.83% up
- S&P 500 closed 0.36% higher
- Dow Jones Industrial Average slipped 0.38%
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