Good morning!
The GIFT Nifty is trading 100 points or 0.4% lower at 25,441, indicating a gap down open for the benchmark Nifty 50 index. The dollar is flat against a basket of major currencies. US stock futures were little changed amid subdued volumes, with markets closed for the Presidents' Day holiday.
Asia Market Update
Asian equities swung between small gains and losses as benign US inflation data supported expectations that the Federal Reserve will cut interest rates this year, helping steady markets after concerns about disruption from the expansion of artificial intelligence.
- Nikkei up 0.1%
- S&P ASX 2000 down 0.4%
- Hang Seng down 0.5%
ALSO READ: Asian Stocks Edge Up After US CPI Lifts Mood: Markets Wrap
US Market Recap
Wall Street closed out their worst week since November as fears that artificial intelligence could disrupt corporate earnings weighed on indexes, despite optimism that cooling inflation may spur the Federal Reserve to cut interest rates. The S&P 500 settled flat, Dow Jones Industrial Average rose 0.1% and Nasdaq fell 0.2%.
Commodities Check
Oil prices were flat at the start of the week, as traders monitored geopolitical risk before talks between the US and Iran are expected to resume on Tuesday. Brent traded below $68 a barrel, after its first back-to-back weekly drop this year, while West Texas Intermediate was near $63.
Gold prices slipped 0.8% to $5,012.44 an ounce in Singapore, as traders booked profits after mild US inflation data. Silver dropped 1% to $76.66 an ounce. Platinum and palladium also traded slightly lower.
ALSO READ: Oil Steadies After Weekly Drop As Iran Talks, Supply Surplus Threatens Momentum
India Market Recap
Domestic equity benchmarks Sensex and Nifty 50 resumed weekly losses after a breather last week, dragged by information technology stocks over a global rout amid AI disruption fears. The Nifty IT index hit a 10-month low, entering bear market territory. The BSE Sensex fell nearly 1.2% lower to end the week at 82,626.75, while the NSE Nifty 50 settled below 25,500.
On Friday, the 30-stock index fell over 1,000 points, while the 50-stock index fell 1.3%, eroding all gains after the interim India-US trade deal was finalised. All the sectoral gauges tracked by NSE ended lower, led by the NSE Nifty Metal Index's 3.3% losses. The market breadth was firmly tilted in favour of sellers. Investors' wealth eroded by Rs 7.02 lakh crore in a single session.
Earnings Post Market Hours
Tasty Bite Q3FY26 (Consolidated YoY)
Revenue down 1% at Rs 177 crore versus Rs 179 crore YoY
Ebitda up 16.5% at Rs 26.1 crore versus Rs 22.4 crore YoY
Ebitda margin at 14.8% versus 12.5% YoY
Net profit up 34.2% at Rs 17.5 crore versus Rs 13 crore YoY
Gufic Biosciences Q3FY26 (Consolidated YoY)
Revenue up 13% at Rs 230 crore versus Rs 204 crore
Ebitda down 8% at Rs 36 crore versus Rs 39 crore
Ebitda margin at 16% versus 19%
Net profit down 32% at Rs 15 crore versus Rs 22 crore
Tenneco Clean Air India Q3 (Consolidated YoY)
Revenue up 14.2% at Rs 1,285 crore versus Rs 1,125 crore YoY
Ebitda up 24.6% at Rs 223 crore versus Rs 179 crore YoY
Ebitda margin at 17.31% versus 15.86% YoY
Net profit down 5.2% at Rs 119 crore versus Rs 125 crore YoY
One-time cost of Rs 27 crore due to labour codes
Vikran Engineering Q3FY26 (Consolidated YoY)
Revenue up 0.5% at Rs 266 crore versus Rs 265 crore
Ebitda down 46.5% at Rs 35 crore versus Rs 65 crore
Ebitda margin at 13.07% versus 24.57%
Net profit down 37.9% at Rs 21 crore versus Rs 34 crore
Jindal Poly Films Q3FY26 (Consolidated YoY)
Revenue down 68.7% at Rs 372 crore versus Rs 1,186 crore
Ebitda loss at Rs 77 crore versus profit of Rs 76 crore
Net loss at Rs 97 crore versus profit of Rs 4.1 crore
Anupam Rasayan India Q3FY26 (Consolidated YoY)
Revenue up 31.3% at Rs 512.4 crore versus Rs 390 crore YoY
Ebitda up 2.5% at Rs 127.4 crore versus Rs 124 crore YoY
Ebitda margin at 24.86% versus 31.86% YoY
Net profit up 74% at Rs 49 crore versus Rs 28 crore YoY
Patel Engineering Q3FY26 (Consolidated YoY)
Revenue up 2.8% at Rs 1,239 crore versus Rs 1,206 crore
Ebitda down 21.31% at Rs 145 crore versus Rs 184 crore
Margin at 11.68% versus 15.26%
Net profit down 12.2% at Rs 72 crore versus Rs 82 crore
Rane Holdings Q3 (Consolidated YoY)
Revenue up 23.7% at Rs 1,535 crore versus Rs 1,241 crore
Ebitda up 43% at Rs 111.76 crore versus Rs 78.15 crore
Ebitda margin at 7.28% versus 6.29%
Net loss at Rs 51 crore versus profit of Rs 3.24 crore
Bhansali Engineering Polymers Q3FY26 (Consolidated YoY)
Revenue down 12.9% at Rs 301 crore versus Rs 346 crore
Ebitda down 2.3% at Rs 50.5 crore versus Rs 51.7 crore
Ebitda margin at 16.75% versus 14.95%
Net profit up 3.4% at Rs 42.2 crore versus Rs 40.8 crore
Precision Wires Q3FY26 (Consolidated YoY)
Revenue up 36.5% at Rs 1,337 crore versus Rs 979 crore
Ebitda up 75.71% at Rs 65 crore versus Rs 37 crore
Ebitda margin at 4.84% versus 3.76%
Net profit up 99% at Rs 37.7 crore versus Rs 19 crore
Shriram Properties Q3FY26 (Consolidated YoY)
Revenue up 47.6% at Rs 179 crore versus Rs 121 crore
Ebitda loss at Rs 17 crore versus loss of Rs 15 crore
Net loss at Rs 7 crore versus profit of Rs 13 crore
Lux Industries Q3FY26 (Consolidated YoY)
Revenue up 21.7% at Rs 673 crore versus Rs 553 crore
Ebitda down 28% at Rs 36 crore versus Rs 50 crore
Ebitda margin at 5.33% versus 9.01%
Net profit down 59% at Rs 13 crore versus Rs 32 crore
Religare Enterprises Q3 (Consolidated YoY)
Net loss at Rs 45.3 crore versus loss of Rs 43 crore
Revenue up 23.3% at Rs 2,056 crore versus Rs 1,668.5 crore
Ebitda loss at Rs 95 crore versus loss of Rs 62 crore
Krbl Q3 (Consolidated YoY)
Revenue down 12.2% at Rs 1,477 crore versus Rs 1,682 crore
Ebitda up 17.4% at Rs 229 crore versus Rs 195 crore
Ebitda margin up at 15.49% versus 11.58%
Net profit up 28.2% at Rs 170 crore versus Rs 133 crore
Ptc Industries Q3 (Consolidated YoY)
Revenue at Rs 156 crore versus Rs 67 crore
Ebitda up 61.9% at Rs 25 crore versus Rs 15 crore
Ebitda margin at 15.88% versus 22.8%
Net profit up 28.9% at Rs 18 crore versus Rs 14 crore
Centum Electronics Q3 (Consolidated YoY)
Revenue up 21.4% at Rs 331 crore versus Rs 273 crore
Ebitda up 18.3% at Rs 31.4 crore versus Rs 26.6 crore
Ebitda margin at 9.48% versus 9.73%
Net loss at Rs 62 crore versus loss of Rs 19 crore
Ahluwalia Contracts Q3 (Consolidated YoY)
Revenue up 11.4% at Rs 1,061 crore versus Rs 952 crore
Ebitda up 13.9% at Rs 96 crore versus Rs 84 crore
Ebitda margin at 9.06% versus 8.86%
Net profit up 9.2% at Rs 54 crore versus Rs 50 crore
NBCC Q3 (Cons, YoY)
Revenue up 7.6% at Rs 3,022 crore versus Rs 2,809 crore
EBITDA down 21.0% at Rs 114 crore versus Rs 144 crore
EBITDA Margin down 130 bps at 3.8% versus 5.1%
Net Profit up 39.4% at Rs 193 crore versus Rs 138 crore
Inox Green Q3 (Cons, YoY)
Revenue up 33.8% at Rs 81.8 crore versus Rs 61.1 crore
EBITDA up 45.6% at Rs 22.7 crore versus Rs 15.6 crore
EBITDA Margin up 230 bps at 27.8% versus 25.5%
Net Profit at Rs 24.7 crore versus Rs 4.1 crore
Ola Electric Q3 (Cons, YoY)
Revenue down 55.0% at Rs 470 crore versus Rs 1,045 crore
EBITDA Loss at Rs 271 crore versus Loss of Rs 460 crore
Net Loss at Rs 487 crore versus Loss of Rs 564 crore
Sunflag Iron Q3 (Cons, YoY)
Revenue up 5.7% at Rs 942 crore versus Rs 892 crore
EBITDA up 19.3% at Rs 132 crore versus Rs 111 crore
EBITDA Margin up 160 bps at 14.0% versus 12.4%
Net Profit up 19.5% at Rs 59.9 crore versus Rs 50.1 crore
Akums Drugs Q3 (Cons, YoY)
Revenue up 14.8% at Rs 1,160 crore versus Rs 1,010 crore
EBITDA up 20.9% at Rs 147 crore versus Rs 121 crore
EBITDA Margin up 70 bps at 12.7% versus 12.0%
Net Profit up 1.7% at Rs 66.3 crore versus Rs 65.2 crore
Inox Wind Q3 (Cons, YoY)
Revenue up 32.5% at Rs 1,207 crore versus Rs 911 crore
EBITDA up 38.2% at Rs 282 crore versus Rs 204 crore
EBITDA Margin up 90 bps at 23.3% versus 22.4%
Net Profit flat at Rs 117 crore versus Rs 117 crore
EPL Q3 (Cons, YoY)
Revenue up 13.3% at Rs 1,149 crore versus Rs 1,014 crore
EBITDA up 14.5% at Rs 231 crore versus Rs 202 crore
EBITDA Margin up 20 bps at 20.1% versus 19.9%
Net Profit down 12.6% at Rs 81.7 crore versus Rs 93.5 crore
IRB Infra Q3 (Cons, YoY)
Revenue down 7.6% at Rs 1,871 crore versus Rs 2,025 crore
EBITDA up 3.9% at Rs 1,022 crore versus Rs 984 crore
EBITDA Margin up 600 bps at 54.6% versus 48.6%
Net Profit down 96.5% at Rs 211 crore versus Rs 6,026 crore
(Note: Q2 FY25 included a one-time gain of Rs 5,804 crore)
RHI Magnesita Q3 (Cons, YoY)
Revenue up 8.0% at Rs 1,092 crore versus Rs 1,011 crore
EBITDA up 14.2% at Rs 143 crore versus Rs 125 crore
EBITDA Margin up 70 bps at 13.1% versus 12.4%
Net Profit up 29.5% at Rs 61.6 crore versus Rs 47.5 crore
MM Forgings Q3 (Cons, YoY)
Revenue up 10.6% at Rs 414 crore versus Rs 374 crore
EBITDA down 5.2% at Rs 69.3 crore versus Rs 73.1 crore
EBITDA Margin down 270 bps at 16.8% versus 19.5%
Net Profit down 33.8% at Rs 17.6 crore versus Rs 26.5 crore
Torrent Pharma Q3 (Cons, YoY)
Revenue up 17.6% at Rs 3,303 crore versus Rs 2,809 crore
EBITDA up 19.0% at Rs 1,088 crore versus Rs 914 crore
EBITDA Margin up 40 bps at 32.9% versus 32.5%
Net Profit up 26.2% at Rs 635 crore versus Rs 503 crore
ITI Q3 (Cons, YoY)
Revenue down 50.3% at Rs 515 crore versus Rs 1,035 crore
EBITDA at Rs 25.3 crore versus Loss of Rs 10.5 crore
EBITDA Margin at 4.9%
Net Loss at Rs 25.3 crore versus Loss of Rs 48.9 crore
CRISIL Q3 (Cons, YoY)
Total Income up 17.5% at Rs 1,109 crore versus Rs 943 crore
Net Profit up 7.5% at Rs 242 crore versus Rs 225 crore
Bombay Burmah Trading Q3 (Cons, YoY)
Revenue up 8.1% at Rs 5,066 crore versus Rs 4,685 crore
EBITDA up 8.8% at Rs 950 crore versus Rs 873 crore
EBITDA Margin up 20 bps at 18.8% versus 18.6%
Net Profit down 6.7% at Rs 316 crore versus Rs 339 crore
Brainbees Solutions (FirstCry) Q3 (Cons, YoY)
Revenue up 11.6% at Rs 2,424 crore versus Rs 2,172 crore
EBITDA down 10.1% at Rs 97 crore versus Rs 108 crore
EBITDA Margin down 100 bps at 4.0% versus 5.0%
Net Loss at Rs 28.4 crore versus Loss of Rs 7.8 crore
EMS Q3 (Cons, YoY)
Revenue down 18.3% at Rs 200 crore versus Rs 245 crore
EBITDA down 56.8% at Rs 30.7 crore versus Rs 71.1 crore
EBITDA Margin down 1370 bps at 15.3% versus 29.0%
Net Profit down 62.7% at Rs 18.8 crore versus Rs 50.5 crore
National Fertilizers (NFL) Q3 (Cons, YoY)
Revenue up 17.3% at Rs 6,870 crore versus Rs 5,856 crore
EBITDA up 102.7% at Rs 296 crore versus Rs 146 crore
EBITDA Margin up 180 bps at 4.3% versus 2.5%
Net Profit at Rs 135 crore versus Rs 45.8 crore
Indigo Paints Q3 (Cons, YoY)
Revenue up 4.7% at Rs 359 crore versus Rs 343 crore
EBITDA up 19.5% at Rs 68.3 crore versus Rs 57.2 crore
EBITDA Margin up 230 bps at 19.0% versus 16.7%
Net Profit up 1.0% at Rs 36.4 crore versus Rs 36.0 crore
GMDC Q3 (Cons, QoQ)
Revenue up 9.8% at Rs 579 crore versus Rs 527 crore
EBITDA up 45.3% at Rs 101 crore versus Rs 69.5 crore
EBITDA Margin up 420 bps at 17.4% versus 13.2%
Net Profit down 71.4% at Rs 133 crore versus Rs 466 crore
Narayana Hrudayalaya Q3 (Cons, YoY)
Revenue up 61.2% at Rs 2,151 crore versus Rs 1,335 crore
EBITDA up 19.5% at Rs 367 crore versus Rs 307 crore
EBITDA Margin down 590 bps at 17.1% versus 23.0%
Net Profit down 34.4% at Rs 127 crore versus Rs 193 crore
KFin Tech Q3 (Cons, QoQ)
Revenue up 19.9% at Rs 371 crore versus Rs 309 crore
EBITDA up 11.7% at Rs 152 crore versus Rs 136 crore
EBITDA Margin down 300 bps at 40.9% versus 43.9%
Net Profit down 1.5% at Rs 91.9 crore versus Rs 93.3 crore
Shakti Pumps Q3 (Cons, YoY)
Revenue down 15.1% at Rs 551 crore versus Rs 649 crore
EBITDA down 61.8% at Rs 59 crore versus Rs 154 crore
EBITDA Margin down 1310 bps at 10.7% versus 23.8%
Net Profit down 69.5% at Rs 31.7 crore versus Rs 104 crore
Fortis Healthcare Q3 (Cons, YoY)
Revenue up 17.5% at Rs 2,265 crore versus Rs 1,928 crore
EBITDA up 34.8% at Rs 506 crore versus Rs 375 crore
EBITDA Margin up 280 bps at 22.3% versus 19.5%
Net Profit down 21.9% at Rs 194 crore versus Rs 248 crore
CE Info Systems (MapmyIndia) Q3 (Cons, QoQ)
Revenue down 17.7% at Rs 93.7 crore versus Rs 114 crore
EBIT down 5.5% at Rs 19.1 crore versus Rs 20.2 crore
EBIT Margin up 270 bps at 20.4% versus 17.7%
Net Profit up 1.4% at Rs 18.8 crore versus Rs 18.5 crore
Azad Engineering Q3 (Cons, YoY)
Revenue up 31.8% at Rs 159 crore versus Rs 120 crore
EBITDA up 45.7% at Rs 62.2 crore versus Rs 42.7 crore
EBITDA Margin up 370 bps at 39.2% versus 35.5%
Net Profit up 44.4% at Rs 34.5 crore versus Rs 23.9 crore
Polyplex Corp Q3 (Cons, YoY)
Revenue down 2.3% at Rs 1,682 crore versus Rs 1,721 crore
EBITDA down 13.3% at Rs 105 crore versus Rs 121 crore
EBITDA Margin down 80 bps at 6.2% versus 7.0%
Net Profit down 74.5% at Rs 14.8 crore versus Rs 57.8 crore
Fineotex Chemical Q3 (Cons, YoY)
Revenue up 45.9% at Rs 184 crore versus Rs 126 crore
EBITDA up 1.6% at Rs 34.6 crore versus Rs 34.1 crore
EBITDA Margin down 820 bps at 18.9% versus 27.1%
Net Profit down 4.7% at Rs 26.3 crore versus Rs 27.6 crore
Galaxy Surfactants Q3 (Cons, YoY)
Revenue up 27.6% at Rs 1,329 crore versus Rs 1,042 crore
EBITDA up 13.1% at Rs 119 crore versus Rs 106 crore
EBITDA Margin down 110 bps at 9.0% versus 10.1%
Net Profit down 8.7% at Rs 59 crore versus Rs 64.6 crore
Titagarh Rail Systems Q3 (Cons, YoY)
Revenue down 7.8% at Rs 832 crore versus Rs 902 crore
EBITDA down 8.0% at Rs 92 crore versus Rs 100 crore
EBITDA Margin flat at 11.1%
Net Profit down 23.5% at Rs 48 crore versus Rs 62.8 crore
Stocks To Watch
Dixon
Entered into a JV with Longcheer Intelligence and Dixtel Infocom, a wholly owned subsidiary of Dixon. The JV company will be engaged in the business of manufacture and supply of smartphones/tablets, true wireless stereo, smartwatches, AI PC, automotive electronics, healthcare devices etc.
Multi Commodity Exchange Of India
Mr. Rishi Nathany as MD and CEO of the wholly owned subsidiary company, Multi Commodity Exchange Clearing Corporation Ltd. Mr. Nathany has stepped down from the position of chief business officer (key managerial personnel) of the company with effect from March 31, 2026.
GMR Airports
Reported Delhi passenger traffic of 7.23 million in January, reflecting a 4.7% year-on-year increase. For the April to January period, Gmr Airports handled 100.96 million passengers, up 1.2% year-on-year. In January alone, total passenger traffic across Gmr Airports stood at 11.13 million, marking a 3.9% year-on-year rise.
Baazar Style Retail
Opens new store at Padri Bazar, Uttar Pradesh.
Ashoka Buildcon
Gets LOA of $45 million for upgradation of road from Ministry of Public Works, Liberia.
Natco Pharma
Gets nod from CDSCO for semaglutide in India. Company to manufacture and market generic semaglutide injection in India. Alert: CDSCO is central drugs standard control organisation.
Royal Orchid Hotels
Signed management contract for Regenta Z - Vrindavan, Mathura.
Aadhar Housing Finance
The Blackstone Group (through one main acquirer and two partner funds) is making an open offer to buy shares of Aadhar Housing Finance Limited.
Zydus Lifesciences
Receives final approval from USFDA for ammonium lactate cream, 12%. Cream is indicated for the treatment of dry, scaly skin. Ammonium lactate cream had annual sales of $15 million in the United States (IQVIA MAT December 2025).
Amber Enterprises
Arm IL JIN buys 19.92% stake in Momagic for Rs 25 crore. Secures IOT capabilities through Momagic investment.
Signature Global (India)
Company inked an agreement to form a joint venture with RMZ. Under the agreement, Signature Global and RMZ will form a 50:50 joint venture, with RMZ committing an investment of Rs 1,283 crore to acquire a 50% equity stake in the project.
Alkem Lab
Company's Enzene facility gets 6 observations from USFDA.
Piramal Pharma
USFDA conducted a general good manufacturing practices (GMP) inspection of at company's Digwal, Telangana, India facility from 9th February, 2026 to 13th February, 2026. At the conclusion of the inspection, the USFDA issued a form-483, with 4 observations.
SPML Infra
Gets Rs 345 crore order from Chennai Metropolitan Water Supply And Sewerage Board. Company to deliver water supply system for 2 key stations in Chennai.
Jubilant Pharmova
USFDA classifies Canada unit as "OAI".
Le Travenues
Arm approves acquisition of 60% stake in Online Travel Solutions for 11.7 million Euros. Arm approves acquisition of 45.02% stake in Squad As Service for 450,000 Euros.
Adani Enterprises
Arm HASL acquires 100% stake in Indamer Technics. Acquires stake for enterprise value of Rs 330 crore.
NLC India
Signs MOU with Nalco for thermal and renewable energy project.
Manappuram Finance
RBI approves acquisition of up to 41.66% in CO. RBI waives public-notice period for proposed investment.
ITI: Prasad Barre replaces Rajeev Srivastava as the Chief Financial Officer.
Avenue Supermarts: The company opens a new store in Jodhpur, taking its total store count to 448.
Adani Enterprises: The company incorporates a new arm, Navi Mumbai Power Distribution.
RCF: Shivakumar Subramaniam is appointed as the Chairman and Managing Director of the company.
National Fertilizers: The company will invest Rs 104 crore to set up a new Bentonite Sulphur plant in Vijaipur.
Deep Industries: While ONGC provisionally suspended dealings over a drilling rig contract, the company secured a new Rs 148 crore order from Oil India.
IEX: APTEL clarifies that the company can challenge future market coupling regulations, disposing of its current appeal as it is not an "aggrieved person" at this stage.
Swan Corp: The company approves a corporate guarantee of Rs 1,150 crore for a Rupee Term Loan for its arm.
RailTel Corp: The company secures an order worth Rs 92 crore from the Directorate of Education, GNCTD.
Paytm: The company's arm, Paytm Arab Payments, allots 76,862 shares to Abbar Global Opportunities Holdings.
Prestige Estates: The company issues a corporate guarantee of up to Rs 300 crore for a loan taken by its arm.
Medplus Health: The company's arm, Optival Health Solutions, receives a drug license suspension order for its Andhra Pradesh store.
Indigo Paints: The company plans to construct a new water-based paint manufacturing unit in Jodhpur, Rajasthan.
BSE: The exchange receives SEBI approval to launch derivatives on its midcap-focused index.
Orient Technologies: Shrihari Kishor Bhat resigns as the Chief Executive Officer, effective April 29.
Ceigall India: The company incorporates a new arm, Ceigall Morena Solar BESS Park.
Utkarsh Small Finance Bank: NCLT directs the bank to convene meetings with shareholders and creditors regarding the merger with CoreInvest.
Steel Strips Wheels: The company enters a tripartite pact to set up a new alloy wheel manufacturing facility in Gujarat.
Marathon Nextgen: The company will invest Rs 70 crore in its arm, Nexzone IT Infrastructure.
Birla Nuvo: The company approves a scheme of amalgamation to merge Clean Coats Private with itself.
Puravankara: The company approves the allotment of 1,500 NCDs worth Rs 150 crore on a private placement basis.
NBCC: The board will meet on February 18 to consider a third interim dividend for the current financial year.
Vikran Engineering: The board approves availing a term loan or issuing NCDs worth Rs 300 crore.
Craftsman Automation: The company initiates an evaluation process for the potential internal restructuring of its aluminium products business.
LIC: The company will launch two new group insurance products focusing on pure risk and savings on February 16.
Stylam Industries: Jagdish Gupta resigns as Chairman, and Sunil Kumar Sood is appointed as the new Chairman.
TIL: The company approves the acquisition of a 60% stake in Tulip Compression.
DLF: NCLT approves the merger of two arms, Bhamini Real Estate Developers and DLF Urban, into DLF Home Developers.
Action Construction: The company forms a joint venture with Japan-based Kato Works for heavy crane manufacturing in India
Goldiam International: The company opens its 16th "ORIGEM" retail store for lab-grown diamond jewellery in Bengaluru.
Tega Industries: The company executes a share purchase pact with its arm, Tega MC Investment.
Le Travenues Technology (ixigo): The company will further invest 15 million Euros in its arm, IXIGO PTE.
Indian Hotels: The company receives an additional penalty claim of Rs 4.3 crore from BMC, taking total outstanding property tax penalties to Rs 97.6 crore.
63 moons technologies: The company will sell its residual stake in NTT Data Payment Services for $18 million.
Siemens: CCI approves the sale of the company's low voltage and geared motors business to Innomotics India.
Gujarat Alkalies: The company inaugurates Hydrogen supply pipeline to NOCIL at Dahej. To supply 20,000 Nm3/day of Hydrogen to NOCIL.
BHEL: Government sells 5% stake via OFS, cuts stake to 58.17% from 63.17% earlier.
Bulk & Block Deals
SG Finserve: S Gupta Holding bought 3 lk shares at Rs. 408 a piece.
Honasa Consumer: MERCER QIF FUND PLC - MERCER INVESTMENT FUND 1 sold 19.04 lk shares at Rs. 308.91 a piece.
Insider trades
- Fusion Finance: Devesh Sachdev, Promoter, bought 26,964 shares.
- BHEL: President of India, Promoter, sold 17.42 crore shares.
- Kalyan Jewellers: TS KALYANARAMAN, Promoter & Director, bought 4.64 lk shares.
- Gallantt Ispat: Gallantt Industry, Promoter Group, bought 21,764 shares.
Corporate Actions on Monday
Escorts Kubota Limited: Special Dividend - Rs 18 Per Share
Shares to exit anchor Lock-in on Monday
Tenneco Clean Air India - 16th Feb: 3 months share lock in, 14 mn lock in shares, 3% of total outstanding shares
Fujiyama Power Systems - 16th Feb: 3 months share lock in, 5 mn lock in shares, 2% of total outstanding shares
JSW Cement - 16th Feb: 6 months share lock in, 2 mn lock in shares, 0.1% of total outstanding shares
Highway Infrastructure - 16th Feb: 6 months share lock in, 39 mn lock in shares, 54% of total outstanding shares
BlueStone Jewellery - 16th Feb: 6 months, 58 mn share lock in, 38% of total outstanding shares
All Time Plastics - 16th Feb: 6 months, 1 mn share lock in, 2% of total outstanding shares
Board Meeting until Monday
Ahluwalia Contracts (India) Limited – amalgamation of five wholly owned subsidiary companies
SG Finserve (on Monday) – Modification on conditions of NCDs
IPO Listing on Monday
Fractal Analytics
Aye Finance
List of securities shortlisted in Short - Term ASM Framework Stage: Avanti Feeds, Chemplast Sanmar, SML Mahindra.
List of securities to be excluded from ASM Framework: ADF Foods, Gokaldas Exports, Garware Hi-Tech Films, Indo Count Industries, MTAR Technologies, Pearl Global Industries, Ramco Systems, Suven Life Sciences.
Price Band Changes
From 20% to 10%: GE Power India
F&O Cues
Nifty Feb futures is down 1.46% to 25,481.00 at a premium of 10 points.
Nifty Options 17th Feb Expiry: Maximum Call open interest at 26,950 and Maximum Put open interest at 25,500.
Securities in ban period: SAMMAANCAP, SAIL
Currency Check:
The rupee consolidated in a narrow range and settled for the day 5 paise lower at 90.66 against the US dollar on Friday,
ALSO READ: Trade Setup For Feb. 16: Nifty Finds Immediate Support At 25,000 Amid Further Consolidation
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